a. Remit the exact amount as per the date of the foreclosure letter as excess payments will not be accepted
b. Your balance cheque/draft must be in favor of AXIS BANK LTD; Loan Account No. XXXXXXXXXX; Please note that outstation cheques will not be accepted.
c. Full and final settlement of the loan will be subject to realization of the cheque/draft and payment of all charges that have accrued on the date of the pre-payment
d. In case the EMI gets paid upon presentation, the excess amount will be refunded through a pay order or direct credit (through NEFT) to your repayment account within 15 days of realisation of your excess EMI payment.
e. In case there are Post Dated / Security Cheques that are not encashed and you wish to have them returned to you, please place a request at the loan centre within 45 days from the date of loan closure. If there are no requests received within the stipulated time frame the same will be cancelled and destroyed.
Personal Loans
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