What happens if I do an early Loan Payment?

What happens if I do an early Loan Payment?

If you do the early payment of EMI, it will only get paid to the loan on the date of the monthly repayment date.

Benefit: You can close the loan by paying all the pending fees, penalties (if any), pending EMIs in case of EMI plan or pending principal and interest in case of Flexi plan. This will release the collateral immediately and add it to your wallet.

 

For more information, you can visit the link 

https://unocoin.com/in/support/lending-faq/

 


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