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Is there any pre payment charge under Citizens Mortgage Loan (Personal OD)?

April 26, 2017charge citizens mortgage loan od payment

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Is there any pre payment charge under Citizens Mortgage Loan (Personal OD)?

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No, there is no pre payment charge. The customer is free to close the Citizens Mortgage Loan (Personal OD) account whenever he wants to, by requesting the Bank to do so in writing, and along with the same surrendering the unutilized chequebook and Debit Card and making payment of the entire outstanding.