SBI Home Loan Pre-Closure: Cheque deposited Friday but sent for clearing only Monday — 3 extra days of interest charged. Is this fair?

Hi everyone,

I recently pre-closed my SBI home loan and noticed something that I’m trying to understand.

I deposited a cheque into my SBI account on Friday, 21-Aug-2026 for the amount required towards my home-loan pre-closure.

However, the cheque was apparently not sent for clearing on Friday. It was sent for clearing only on Monday, and the cheque was cleared on Monday.

Because of this delay, SBI appears to have calculated 3 additional days of home-loan interest during the pre-closure process.

So effectively:

• Friday, 21-Aug: Cheque deposited with SBI
• Saturday/Sunday: Weekend
• Monday: Cheque sent/processed for clearing and cleared
• Result: 3 additional days of loan interest charged

The issue is that I had already deposited the cheque on Friday and had done everything required from my side for the pre-closure. The additional interest seems to have arisen because the cheque wasn't processed/sent for clearing until Monday.