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Prepayment Request Letter

The borrower is requesting to make a partial or full prepayment on their home loan with HDFC Bank. They provide their loan account number and loan type. They acknowledge that prepayment charges may apply depending on the loan product and scheme. They attach documents to verify the source of funds for the prepayment and provide payment details. HDFC Bank reserves the right to reject third party payments and revise the amount payable if the source documents are found to be incorrect or inadequate.

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4K views1 page

Prepayment Request Letter

The borrower is requesting to make a partial or full prepayment on their home loan with HDFC Bank. They provide their loan account number and loan type. They acknowledge that prepayment charges may apply depending on the loan product and scheme. They attach documents to verify the source of funds for the prepayment and provide payment details. HDFC Bank reserves the right to reject third party payments and revise the amount payable if the source documents are found to be incorrect or inadequate.

Uploaded by

milindk35
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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  • Request to Make a Part/Full Prepayment: This section provides a form template for borrowers to fill out when requesting to make a part or full prepayment on their loan.

REQUEST TO MAKE A PART/FULL PREPAYMENT

From : To: The Branch Manager HDFC Ltd. (Office) Mobile No.: Date : Dear Sir/Madam, Loan Account No.: Part prepayment of ` Full prepayment of the said loan account. Loan Type : Home / Imp / Extn / Land / Others (specify) : I/We have availed a loan under the above mentioned loan account no. and would like to make a: Email: Address:

The above has been availed under the ARHL/FRHL/DRHL/Fixed First scheme and I am aware that any prepayment will be permitted by HDFC subject to Prepayment charges if applicable to that product and scheme. I/We confirm the prepayment is being made from the sources mentioned herewith. I/We are attaching herewith copies of the documents mentioned above to enable you to verify the source of this prepayment. I/we would like to make this prepayment on including prepayment charges if applicable. I/we understand that: HDFC will only accept prepayment by cheques issued from the Borrower or Co-borrowers bank account OR Payment instruments issued by Banks and other Financial Institutions AND HDFC reserves the right to reject instruments issued by Third Parties (other than those who are party of the loan) and would request you to inform me the amount payable by me

I/We further undertake that HDFC reserves the right to revise the amount payable if at any time it is found that the sources and documents submitted is/ are found to be incorrect and / or inadequate. Payment Details Chq / DD / Other Ref No. & Date Amount ` Bank Name & Branch Bank A/c No. & Payer Name Source Details / Documentation Source Description with Source Amount Breakup Details of Bank Statement (*) / Other Document evidencing source

(*) Bank Statement required for at least the past six months

Yours Sincerely,

(Signature of Borrower/co-borrower) For HDFCs Internal use only : Name of person receiving : Observations : Prep Sr No.: Date : Signature(s) : Office :

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