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

6 Reasons to Open a Fixed Deposit

Depositing additional funds are always welcomed by any bank, but, you as a customer are always muddled whether to store it in a Savings Account or a Fixed Deposit (FD) account. A head-on comparison be...

KNOW MORE

June 29, 2023

Ideal-Down-Payment-for-a-Home-Loan

Ideal Down Payment For Home Loan: How Much Should You Pay?

Dreaming of owning a home is something that many of us aspire to. Fortunately, home loans have made this dream more accessible than ever before. However, when applying for a home loan, it’s esse...

KNOW MORE

July 10, 2024

Business loans for women – All you need to know

Women entrepreneurs are transforming the business industry by bringing in fresh ideas, determination, and unique perspectives. Breaking through traditional barriers, they’re making their mark in...

KNOW MORE

February 7, 2024