Renewal of cc
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 October 2013
Dear Expert..
Plz guide me wheather it is neccessary for me fo file form 8 for even renewal of our CC limit of Rs10 lacs on 29/09/2013
Plz guide me wheather it is neccessary for me fo file form 8 for even renewal of our CC limit of Rs10 lacs on 29/09/2013
15 October 2013
If there is no change in the terms of the loan, there is no need to re-file Form 8. For 8 is to be filed only when u are modifying the charge such as amount, interest rate, discharge of the property etc.
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