While doing the agreement they will say no pre closure charges after 12 EMI and in the agreement it will not be mentioned also.
But once the disbursement is done they will send you the agreement with cover letter and the cover letter will say there is pre closure charges of 5%+ Service Tax but the still the agreement will not have this point. They stick the cover letter only.
This is totally cheating from a big organized bank.
Thanks & Regards,
Uthaman K.