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Foreclosure Letter

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Mofijul Haque
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275 views2 pages

Foreclosure Letter

Uploaded by

Mofijul Haque
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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FORECLOSURE LETTER

Mofijul Haque Loan Account No. : Date:

Naojan xxxxxxxxxxx541A 04-12-2024

Golaghat Assam India 785601


Customer ID : Loan Amount Sanctioned:
Mobile No. : xxxxxx3137
xxxxx0615 INR 130,000.00

Dear Mofijul Haque,

Further to your request to foreclose your Flipkart Personal Loan powered by Axis Bank, please find the details of the outstanding amount payable in order to complete

the foreclosure mentioned below.

Particulars Amount in (INR)

Principal Outstanding: 95,170.00

Pending Installments : 0.00

Interest for the Month of December: 1,550.00

Penal Interest * + Interest on Overdue EMI: 0.00

Penal Charges **: 0.00

Cheque Bounce Charges: 0.00

Other Charges Overdue: 0.00

Foreclosure Charges @ 3 % on Outstanding Principal: 2,855.00

GST on foreclosure charges (18%): 514.00

Refunds: 0.00

Total Amount Payable: 100,089.00

Important Notes:

1) This statement of dues assumes that your last EMI has been cleared.

2) Kindly remit the exact amount as per the date of the foreclosure letter. Excess payments would not be accepted.

3) The date of foreclosure considered in the above calculation is 04-12-2024.

4) As the upcoming EMI due date on this loan is 05-12-2024, it is likely to be presented to your Banker(s) on this date. In case the EMI gets paid upon presentation, the

excess amount will be refunded through a direct credit (NEFT/IMPS) to your repayment account within 15 days of realisation of your excess EMI payment.

5) Within 7 days of prepayment of your loan, the following documents would be sent to your registered Email address/mobile number.

-- No Dues certificate

6) In case the loan account closure is requested within the cooling period of 3 working days from disbursement date, Foreclosure charges will not be applicable.

* Includes Penal Interest levied on late EMI payments (if any) only prior to 1st April 2024. W.e.f 1 st April, 2024, penalty, if any, shall be levied as penal charges.

Kindly refer to the Fees & Charges section for your product on the Axis Bank website.

** Penal Charges @ 8% p.a. + applicable GST (On Penal Charges) w.e.f. 01st April'2024.
If you have any queries, please feel free to contact us through any of the touch points.

axisbank.com/support Call us on 1860 419 5555, 1860 500 5555 (charges Vist your nearest Loan Centers
apply) or 1800 103 5577 (toll-free)

Always open to help you.

Regards,

Axis Bank Ltd.

****This is a system-generated communication and does not require signature. *****

O003273104_10_2023

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