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

Factors To Consider While Choosing A Commercial Vehicle Loan

Factors To Consider While Choosing A Commercial Vehicle Loan

Introduction With the Indian market constantly evolving, it’s important to understand the dynamics of commercial vehicle financing and the key factors that can shape your decision-making process...

KNOW MORE

August 26, 2024

What are the Different Caps in Mutual Funds?

Have you heard terms like small cap equity funds, mid-cap equity funds and large-cap equity funds? Are you wondering what all of this is about? Don’t worry, we’ll help you understand this. What ar...

KNOW MORE

June 30, 2023

What Is Balloon Payment For Car Loan

Introduction While exploring various car loan options and ways to finance your car purchase, you might come across the term ‘balloon payment for car loan.’ But what does this actually mean? Is it ...

KNOW MORE

May 13, 2024