Banks charging Pre payment charges for Cash Credit accounts of SMEs

Mayank Maheshwari (4 Points)

20 September 2021  
Hello Friends,

Pls support with your views related to the subject above.

My straight forward question is, can a bank charge payment charges on a cash credit account after the expiry of a valid sanction letter, or the tenure of generally say 12 months from the date of sanction, as the case may be.....

thanks