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

7 Reasons Why Tracking Your Car Loan Balance Is Important

Introduction Owning a car brings joy and convenience to our lives. It allows us to commute comfortably and carry out our daily activities with ease. However, when it comes to financing the purchase of...

KNOW MORE

May 13, 2024

Fixed Deposit Updates in 2019

limit on FDs. This was a proposal by the Ministry of Finance, which has appealed to all the citizens of the country. In case of FDs, the interest earned up to an amount of INR 40,000 will be exempt fr...

KNOW MORE

June 30, 2023

Powering Potential: Press Machines & their Uses | Mahindra Finance

In the ever-evolving industrial landscape, press machines stand as pillars of progress. From shaping sheet metal into intricate components to transforming raw materials into finished products, these v...

KNOW MORE

February 14, 2024