How much cash amount allowed to loan prepayment/foreclosure in respect of bank processing. I have home loan and my outstanding/due amount is 15 lakh. Now I want to permanently close my loan by cash paying Rs 15 lakhs at once to the punjab national bank.
I read somewhere that
> To government or banking company there is no limit and exempt from section 269SS/269ST
> To NBFC/HFC, there is limit of less than 2 lakh under section 269ST
CAclubindia
