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 21, 2023

|

1 mins read

To foreclose your loan, you must visit your nearby branch to put in a request. Upon your specific request, we will present the settlement amount (while will include a foreclosure fee) and once you’ve paid the same, the necessary termination papers will be issued.

Related articles

How To Write A Personal Loan Application Letter

How To Write A Personal Loan Application Letter

Are you in need of a personal loan but unsure how to approach the process of applying for a loan or how to write an application for a loan? Don’t worry! Writing a compelling loan request letter ...

KNOW MORE

August 27, 2024

How Does Your CIBIL Score Affect Your Home Loan Application?

Buying a dream home is not just about finding the perfect property; it’s also a significant investment. With rising housing prices in India, securing a home loan has become crucial for many indi...

KNOW MORE

April 18, 2024

How To Claim Home Loan Interest In Income Tax Return

Owning a home is a dream for many, but the journey often involves taking a home loan. The good news is that you can claim tax benefits on the interest you pay on your home loan. Understanding how to c...

KNOW MORE

April 18, 2024