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

9 Things To Keep In Mind When Applying For A Used Car Loan

Looking to buy a used car? But before you apply for a used car loan online, it’s essential to understand the process and consider various factors to ensure you make an informed decision. From un...

KNOW MORE

April 18, 2024

FAQs Related to Pre-Owned Cars

As the name suggests, a used or pre-owned car loan is a facility offered to people who are looking to buy a used or pre-owned car. Such cars generally come with lower registration fees and insurance c...

KNOW MORE

June 29, 2023

Fixed Deposits For Freelancers: Building Financial Stability In Gig Economy

In today’s gig economy, more and more people are choosing freelance work for its flexibility and freedom. However, one of the downsides is the lack of stable income and employee benefits like in...

KNOW MORE

March 4, 2024