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 Get A Business Loan For A Franchise Business?

Starting a franchise business can be an exciting opportunity, but securing financing is a crucial consideration. Many aspiring entrepreneurs wonder if getting a business loan specifically tailored for...

KNOW MORE

April 17, 2024

What-Is-The-Difference-Between-Prime-And-Subprime-Car-Loans

What Is The Difference Between Prime And Subprime Car Loans?

Introduction Are you considering buying a car but unsure about financing options? Understanding the difference between prime and subprime car loans can help you make an informed decision. These types ...

KNOW MORE

July 24, 2024

Understanding The Consequences of Not Renewing or Withdrawing Your Fixed Deposits

Introduction: Fixed deposits are an excellent investment option that offers security and guaranteed returns. They are an ideal choice when you want to avoid market risks. However, it’s important to ...

KNOW MORE

April 25, 2024