Foreclosure charges on cc limit from dhanlaxmi bank

I AM  A TRADER. I AM HAVING CC LIIT WITH DHANLAXMI BANK FROM LAST MORE THAN A YEAR. MY 12 MONTH TERM WITH DHANLAXMI ENDED ON 30TH DEC 2012. On 31st Dec 2012 Dhanlaxmi without informing us Closed our CC Limit. When we asked they said that it has been done from Head office. Now since we were not satisfied with the service of Bank. SO we are now swtching to Another Bank Now dhanlaxmi is saying that it will charge 2% Foreclosure Charges. Now I want to know that acording to Dhanlaxmi Sanction terms we were bound to be with them for minimum period of 12 Months which has already ended. Now please guide me what to do if they charge us with Foreclosure.....

Replies (1)

Many people rely on family during foreclosure to get them through the coming months. Some people are able to afford to move into an apartment while they get their finances back on track. You can use an installment loan to pay your mortgage this month if you need help.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
23 July 2026
Senior Accountant

Felicity Adobe LLP

Bengaluru

CA Inter

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 15 July 2026
CA Articles

Kinjal H Shah & Co.

Mumbai

CA Foundation

View Details
Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Follow