I can invest in HDFC SIP ? Please help me----URGENTLY

pkamalesh

Well-Known Member
#2
:confused::confused::confused:
My Dad get Personal Loan from HDFC Bank before 3 years ago. Last 6 months my dad cannot paid EMI's; Because of some Financial & Family problems & my dad cannot paid this payment in future.
I planning for invest monthly Rs.1000 in HDFC Mutual Fund for five years. After Five Years when i withdraw my money then HDFC Mutual Fund can stop my payment ? Because of my dad cannot paid that HDFC Personal Loan Payment. Please healp me.....URGENTLY.
dude contact the HDFC customer care...only they can help.coz they are the ones who gave u the loan..investment in SIP's is a totally different issue...dont expect them to let u off on ur EMI's if u start SIP's...
 

Capricorn

Well-Known Member
#3
I don't see how the 2 are connected. They can't stop you from withdrawing your funds because of your fathers loan if that is what you are asking.
 

krishna23

Active Member
#4
not unless u co-signed the loan with ur father...
 

praveen taneja

Well-Known Member
#5
Bro they can not stop ur money get redeemed even if u are co bearer of that loan.As HDFC bank and HDFC AMC are different entities n no one tell other wat is going on whom they are giving or from whom they want money@};-
Now the question arises that are they going to sit for the 5 years ?
God bless u Merry Christmas
 

S S

Well-Known Member
#6
I can't understand. Why try for "Aa Bail Mujhe Maar....?"

Are there no other SPIs available? Does all the world depend only on HDFC loan, HDFC Bank, HDFC MF, HDFC SIP, HDFC...sick!

The first rule is NEVER PUT ALL YOUR EGGS IN ONE BASKET.

Though used mainly for equities, it is usually true for all parts of life.

Check the site valueresearchonline dot com for anything and everything related to mutual funds, and take your own decision. It is your money any way, and you should be the only person taking decisions related to it.

Cheers and Good Luck. Merry Christmas to all readers.
 

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