Bank asking forecloser charges
Jay Shah
(Querist) 01 September 2020
This query is : Resolved
We were enjoying cash credit limit from axis bank since 2017 and now on 15 august 2020 it was due for renewal but now we don't want to renew the limit and close the limit , we have already paid all the dues . We have ask bank for closer of limit in reply they are asking for foreclosure charges
I want to know can they ask for any charges as at time of renewal we asking closer and not in between of the limit and we paid all payment by own fund and there is no take over of limit
And bank is not giving proper reply and keep on delaying
So what should I do and are they liable for any foreclosure charged
Please guide me
Rajendra K Goyal
(Expert) 02 September 2020
Repeated query;
https://www.lawyersclubindia.com/experts/bank-asking-forecloser-charges--721801.asp
https://www.lawyersclubindia.com/experts/bank-asking-forecloser-charges--721806.asp
https://www.lawyersclubindia.com/experts/bank-asking-forecloser-charges--721796.asp