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

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

5 Important Things To Consider Before Applying For A Car Loan

Buying a car is a significant decision that requires careful consideration. Many people opt for a car loan to finance their vehicle purchase, but before you apply for a car loan, there are several imp...

KNOW MORE

April 26, 2024

What are SIPs

What are systematic investment plans or SIP schemes? Here’s a brief overview of what they are, different types of SIP funds and benefits of investing in SIPs SIP schemes are one of the most popular ...

KNOW MORE

June 30, 2023

Tips To Reduce Your Car Loan EMI

Buying a car is an exciting milestone in life, but the burden of a high car loan EMI due to a high car loan interest rate can dampen the joy. The good news is that there are several ways you can reduc...

KNOW MORE

April 17, 2024