Pan-India Lender Network
Upto 100% on-road funding
Principal Loan Amount | ₹50,000 |
Interest Amount | ₹2,752 |
Payable Amount | ₹52,752 |
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Loan disbursal process initiated
Loan foreclosure is the process of fully repaying a loan before the end of its tenure, closing it ahead of schedule.
To foreclose a loan, the borrower pays the remaining principal, applicable charges, and submits a foreclosure request to the lender.
Early loan closure helps reduce overall interest paid, improves credit score, and frees up monthly income for other financial goals.