HDFC Bank — HDFC Bank Car Loan - Very high foreclosure/prepayment charges

Address: Ernakulam, Kerala

Dear Sir, My Loan account no is 25592312, I had bought a Swift VDI Sept 2013 which was financed by HDFC Bank. Recently I approached the bank for foreclosure & they said they charge a whopping 6%...which was unbelievable.Again this was never mentioned when I approached the bank for loan.I have never defaulted on the payments & have been paying the EMI on time as per the schedule & this is what we get for being a loyal customer. Kindly do not approach HDFC Bank for Car Loans, other banks offer much better customer service & work towards customer retention...unfortunately HDFC bank does not bother neither care for its customers... SO Beware of HDFC Bank