Preclosure charges on personal loan

I availed personal loan from ICICI bank.

At the time of Loan approval I got the agreement which says, loan can be pre- closed after 12 months with Rs 0/- preclosure charges.

After two years I have transferred my personal loan to HDFC and they have given me a DD of remaining balance against my ICICI Loan account to pay and close the Loan.

But Now ICICI is saying you can not close your Loan without preclosure charges of 5% remaining amount.

They gave me explanation behind this is, this is not your own fund so you could not close the Loan while no such clause is written in their agreement copy.

Could you please help me in this?

Shiv Nishant
Mehrauli, Ghaziabad 201002, Uttar Pradesh
Email: nxxxxxxxxxx1@gmail.com

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Preclosure charges on personal loan

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Preclosure charges on personal loan

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