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 Use Your Business Loan To Expand Your Business?

Are you an entrepreneur with big dreams of expanding your business? Do you have ideas for growth but lack the necessary funds to make them a reality? You’re not alone. Many small business owners...

KNOW MORE

April 10, 2024

Key Difference Between Term Deposit and Fixed Deposit

Key Difference Between Term Deposit and Fixed Deposit

Quick Summary: Key Difference Between Term Deposit and Fixed Deposit For decades, savers across India have confidently invested in Fixed Deposits to secure their financial future. Simultaneously, fina...

KNOW MORE

November 25, 2025

Why-Farmers-Should-Consider-A-Fixed-Deposit-This-Vishwakarma-Puja

Why Farmers Should Consider A Fixed Deposit This Vishwakarma Puja

Vishwakarma Puja holds special significance for farmers across India. As you celebrate the divine architect and pray for a bountiful harvest, it’s also an opportune time to plan for your financi...

KNOW MORE

October 10, 2024