I took a personal loan from Standard Chartered Bank, during the loan process their executive committed me that for preferred customers(I am a preferred customer for SCB) there wont be any preclosure charges. But later period of time when I tried to preclose my personal loan these idiots charged me telling that I must have to pay the preclose charges and they bound me to pay the preclose charges without hearing any words from me. Long back similar problem happened with my SCB Credit card.
Later I realize that SCB is a Froud bank and they dont have proper banking ethics. So I will suggest every Indians not to look this SCB. If someone really want to know more about the issue I had, please check the details from me in person or the SCB Issue # 20130509182149