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    Foreclosure Letter

    Uploaded by

    abinaya
    This letter provides details of a loan foreclosure for Mahadev Manikrao. The loan was taken out in March 2022 for Rs. 26,000 with a principal outstanding of Rs. 7,800. No late fees or penalties are owed. The total amount paid so far is Rs. 5,200 leaving a refund due of Rs. 2,600. No further payments are due after the refund is processed within 7 days. The loan will be considered closed once payment is received.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Foreclosure Letter

    Uploaded by

    abinaya
    255 views3 pages
    This letter provides details of a loan foreclosure for Mahadev Manikrao. The loan was taken out in March 2022 for Rs. 26,000 with a principal outstanding of Rs. 7,800. No late fees or penalties are owed. The total amount paid so far is Rs. 5,200 leaving a refund due of Rs. 2,600. No further payments are due after the refund is processed within 7 days. The loan will be considered closed once payment is received.

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    ForeclosureLetter

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    This letter provides details of a loan foreclosure for Mahadev Manikrao. The loan was taken out in March 2022 for Rs. 26,000 with a principal outstanding of Rs. 7,800. No late fees or penalties are owed. The total amount paid so far is Rs. 5,200 leaving a refund due of Rs. 2,600. No further payments are due after the refund is processed within 7 days. The loan will be considered closed once payment is received.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    255 views3 pages

    Foreclosure Letter

    Uploaded by

    abinaya
    This letter provides details of a loan foreclosure for Mahadev Manikrao. The loan was taken out in March 2022 for Rs. 26,000 with a principal outstanding of Rs. 7,800. No late fees or penalties are owed. The total amount paid so far is Rs. 5,200 leaving a refund due of Rs. 2,600. No further payments are due after the refund is processed within 7 days. The loan will be considered closed once payment is received.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    LOAN FORECLOSURE LETTER

    abac

    CUSTOMER DETAILS
    29 Dec 2022

    MAHADEV MANIKRAO

    #105 DODDA MUNISWAMY BUILDING G FIOOR OLD CHANDAPURA OLD CHANDAPURA ,BANGALORE , ,KARNATAKA ,560099

    Dear MAHADEV MANIKRAO,

    This is with reference to your request for full prepayment of your CONSUMER DURABLE loan with us, please find below the details of your loan account and the amount
    payable as on 29 Dec 2022

    LOAN DETAILS
    Loan Account No 39M0CDHZ956935

    Loan Amount 26,000.00

    Disbursal Date 15 Mar 2022

    Amount ( in Rupees)
    Principal Outstanding 7,800.00

    Late Payment Charges / Penal Interest 0.00

    Bounce charges 0

    Annual Maintenance Charges (AMC) 0.00

    Interest for the month 0.00

    Foreclosure (Full Prepayment ) charges @ 0 % on


    Principal Outstanding/ total withdrawable amount 0.00
    # (including applicable taxes)

    Amount of balance Installment 0.00

    Refunds 2,600.00

    Interest on Termination Rs. 0 per day 0.00

    Outstanding Broken Period/Pre-EMI Interest 0.00

    Total Dues -2,600.00

    Current month Penal interest waived off 0.00

    Less: Total amount (instalment) paid by the customer till date 5200

    Total Outstanding amount -5,200.00

    Total Amount Payable for next 07 Days:


    Date of Payment Amount

    30-12-2022 Rs. 0.00

    31-12-2022 Rs. 0.00

    01-01-2023 Rs. 0.00

    02-01-2023 Rs. 0.00

    03-01-2023 Rs. 0.00

    04-01-2023 Rs. 0.00

    05-01-2023 Rs. 0.00

    *Payment made after 06-01-2023 is subject to further interest/charges as per contractual terms.
    For any queries, visit our website https://www.bajajfinserv.in/reach-us .Select the Email Us tab and
    follow the directions to get your query resolved. You may also call BFL Customer Care at
    8698010101 or visit our nearest branch. This is not a toll-free number and normal call charges will be
    applicable.
    Note:

    1. Any excess amount will be refunded within 7 working days from the date of loan closure.
    2. Credit Rating details will be updated within 45 days with Credit Bureaus
    3. In case of a linked loan account number, please ensure that is also foreclosed.
    4. Above calculation is based on the assumption that your last month installment has been cleared.
    5. The above mentioned amount is valid subject to clearance of all the cheques/installments/online
    payments made till date.
    6. Please note that your loan will be foreclosed from the date of receipt of payment (in case of Cash).
    Cash payment is acceptable only up to an amount of Rs.1.99 lacs. For flexi loans only online payment
    is accepted.
    7. For DD payments,loan will be foreclosed after payment realization and for cheque payments,loan will
    be foreclosed from the date of cheque clearance.
    8. We request you to kindly carry this letter at the time of pre-closing the loan and make the payment
    through a Demand Draft/Cheque favoring BAJAJ FINANCE LIMITED, Payable at your nearest local
    branch or login to our website www.bajajfinserv.in and pay through our Customer Portal Experia.This
    may vary basis the loan availed.
    9. # For Flexi loans, the total withdrawable amount means the total loan amount that you can withdraw as
    per your assigned amount/limit. For all other loans, this is the Principal Outstanding amount.

    Regards,
    Bajaj Finance Limited

    Thank you for choosing Bajaj Finance Limited as your financial partner.

    This is a computer-generated automatic emailer. Hence, it does not carry any signatures

    Download our app

    *T&C Apply | For more information, visit our website


    BAJAJ FINANCE LIMITED

    Registered Address: Old Mumbai-Pune Road, Akurdi, Pune - 411035

    Corporate Office: 4th Floor, Bajaj Finserv Corporate Office, Off Pune-Ahmednagar Road, Viman Nagar,

    Pune - 411014. Phone:+91 86980 10101. | CIN: L65910MH1987PLC042961

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