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
|

Can I prepay my personal loan?

mahindra-finance-author

by Mahindra Finance

|

June 21, 2023

|

1 mins read

Yes, you can prepay your personal loan at a nominal pre-closure rate.

Related articles

Build emergency fund vs payoff car loan down payment

When it comes to managing your finances, the decision between building an emergency fund or paying off debt can be challenging. On one hand, paying off debt can save you thousands of rupees in interes...

KNOW MORE

April 17, 2024

5-Tips-To-Improve-Your-Chances

5 Tips To Improve Your Chances Of Approval For A Personal Loan

Getting a personal loan can be a convenient way to finance your small or large expenses. With the availability of easy-to-meet terms and conditions and quick disbursal time offered by lenders like Non...

KNOW MORE

September 12, 2024

What-Is-The-Minimum-Credit-Score

What Is The Minimum Credit Score For A Used Car Loan

Dreaming of owning a car that fits your budget or want to go for a pre-owned car? If so, a used car loan might be the right option for you. However, before you apply for a used car loan for low CIBIL ...

KNOW MORE

September 12, 2024