login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

What is the procedure in case I wish to foreclose my account?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papers would be issued post loan closure.

Related articles

How Much To Spend On A Car In India: A Practical Guide

Introduction Are you dreaming of buying a new car in India? Purchasing a car is a significant financial decision, and it’s essential to determine how much you should spend on this depreciating a...

KNOW MORE

April 17, 2024

Used Car Loan Advice For Working Professionals Under 25

Buying your first car is an exciting milestone in any young professional’s life. While a brand-new car may be tempting, opting for a second-hand vehicle can be a more affordable and practical ch...

KNOW MORE

April 18, 2024

How To Improve Your Chances Of Getting Approved For A Car Loan?

Introduction Dreaming of purchasing your own car? Excited about the freedom and convenience it will bring to your life? But wait, before you start picturing yourself behind the wheel, there’s an...

KNOW MORE

May 13, 2024