PREPAYMENT REQUEST FORM
To, Date: ______________
The Branch Manager
HDB Financial Services Limited,
________________________
Dear Sir/Madam,
Loan Account No: Product: _______________________
GSTIN (if applicable) :
I/We have availed a loan under the above mentioned Loan account no. and would like to make full prepayment of the said loan account.
I/We are aware that as per the terms and conditions enumerated in the loan agreement and accepted by me/ us we need to provide HDBFSL a
notice of 30 days (Loan against Property) or 15 days (Personal Loan) for processing our prepayment request.
I/We confirm that the amount due on prepayment: (Tick one of the two options below)
Is being paid by me/us, from our own funds. Payment is by Cheque/NEFT/RTGS from my/our
Bank Account No. _______________________________________ Bank Name: _________________________
Is being paid through a balance transfer to ____________________ (Name of Financier)
I/We are attaching herewith copies of the documents (Bank statement / Sanction letter of other FI, as applicable) to enable you to verify the
source of this prepayment. Yes No
I/We are aware that any prepayment will be permitted by HDBFSL subject to Prepayment charges as applicable to that product.
I / We further undertake that HDBFSL 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.
I/We would like to make this prepayment on ________________ and would request you to inform me the amount payable including the
prepayment charges as applicable. I/We are aware that interest will be charged till date of realization of funds in HDBFSL account.
I/We agree that HDBFSL shall have a general lien and right of set-off against all monies / securities of the Borrower standing to his credit in any
account(s) with HDBFSL and the borrower hereby authorizes HDBFSL to debit / adjust / hold lien on any such account(s) / securities, against
any principal or interest or other dues payable by the Borrower to HDBFSL.
I/We hereby confirm that I/We have other active loans as listed below and I/We am/are aware that the same needs to be closed by me/us for
HDBFSL to release collateral security(ies).
Existing HDBFSL loan account numbers -…..………., ………..…., …..………., ……..……., ……..…….…, ………...,
I/We are aware & fully understand that next EMI presentation date is .................. I/We will take the responsibility to advice our bankers to stop
the payment of the EMI / Debit.
I/We hereby authorize you to process the excess amount (if any), after prepayment of the aforesaid loans. The said refund can be processed to
our repayment account.
Yours Sincerely,
(Signature of Borrower/Co-Borrower)
___________________________________________For Internal Use_________________________________________________
Date of Approval ______________ Date of Deposition ______________ Date of request sent to COPS ______________
Date of Updation at COPS ______________ Date of Dispatch/Handover to Customer ______________
__________________________________________Customer Acknowledgement_______________________________________
This needs to be produced at the branch while remitting prepayment amount.
LOS ID __________ Customer Name ____________________ Date of Request ____________Branch ______________
Source of Funds –
Own Funds – Bank Account No _____________________________________ Bank Name: _________________________
Balance transfer to ____________________ (Name of Financier)
HDBFSL Official Name_____________________ Signature ________________________
