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 21, 2023

|

1 mins read

To foreclose your loan, you must visit your nearby branch to put in a request. Upon your specific request, we will present the settlement amount (while will include a foreclosure fee) and once you’ve paid the same, the necessary termination papers will be issued.

Related articles

How To Get A Personal Loan In Easy Steps

If you’re in need of funds for various expenses like medical bills, wedding costs, or home renovations, a personal loan can be a great solution. But how do you go about getting one? In this step...

KNOW MORE

April 11, 2024

What is Top-Up Fixed Deposit (FD) & Benefits Of Top-Up FD

Introduction If you’re looking for a safe and reliable investment option in India, Fixed Deposits (FDs) are an excellent choice. They offer steady returns and security for your hard-earned money...

KNOW MORE

April 26, 2024

What-are-CERSAI-Charges-Facts-You-Probably-Didnt-Know

What Are CERSAI Charges? Facts You Probably Didn’t Know

Introduction If you’ve ever taken a loan or secured an asset, you may have come across the term “CERSAI charges.” But what exactly are these charges, and why are they important? In this blog...

KNOW MORE

July 1, 2024