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

A-Step-By-Step-Guide-To-Applying-For-SME-Loans-Online

A Step-By-Step Guide To Applying For SME Loans Online

Small or medium enterprise owners often need loans for their businesses. Securing the necessary funds is crucial for them, and that’s where SME loans come into play. These loans cater specifical...

KNOW MORE

July 24, 2024

How To Get A Personal Loan In Easy Steps

If you’re in need of funds for various expenses like medical bills, wedding costs, or home renovations, a personal loan can be a great solution. But how do you go about getting one? In this step...

KNOW MORE

April 11, 2024

How-to-use-credit-score-to-your-advantage-&-make-better-financial-decisions

How To Use Credit Score To Your Advantage & Make Better Financial Decisions

Your credit score is a powerful financial tool that can significantly impact your life. It determines your eligibility for loans, credit cards, and other financial products. However, understanding how...

KNOW MORE

June 28, 2024