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 To Consolidate Debts With A Single Personal Loan?

Are you struggling to keep track of multiple loan EMIs? If so, it’s time to consider consolidating your debts with a single personal loan.  This blog post will guide you through consolidati...

KNOW MORE

May 23, 2024

Benefits-of-Cumulative-Fixed-Deposits-for-Long-Term-Savings

Benefits Of Cumulative Fixed Deposit For Long-Term Savings

Introduction Saving money is an essential part of financial planning, and there are various avenues available to grow your savings. One such option is a cumulative fixed deposit (FD), which offers uni...

KNOW MORE

July 10, 2024

Are-FD-Returns-Taxable-Mahindra-Finance

Are Fixed Deposit Returns Taxable?

Quick Summary: For many Indian households, a fixed deposit comes as a safe and reliable option. It ensures guaranteed and stable returns are comforting for many. Some people open fixed deposits to par...

KNOW MORE

November 25, 2025