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

Features And Benefits Of A Fixed Deposit Account

A Fixed Deposit (FD) is a type of savings instrument offered by banks and Non-Banking Financial Companies (NBFCs). It allows you to save a certain amount of money for a predetermined term. T...

KNOW MORE

June 30, 2023

What-Is-Debit-Note-In-GST

What Is Debit Note In GST?

Dealing with financial transactions can be complex, especially in the ever-evolving landscape of goods and services tax (GST) regulations. As an Indian business owner, you might have come across the t...

KNOW MORE

September 12, 2024

Financing-Your-Dream-Home-Loan-For-Resale-Flats

Home Loan For Resale Flats: Financing Your Dream

Owning a home is a dream shared by many Indians, and purchasing a resale flat can be an excellent way to turn that dream into reality. However, most of us require financial assistance in the form of a...

KNOW MORE

July 1, 2024