| Date <XXXX>, |
| Foreclosure Proposal - Personal Loan Account No. <XXXX> |
| Dear <Name> |
| We value your relationship with IndusInd Bank and thank you for choosing us to support your financial journey. We refer to your request to foreclose your Personal Loan Account <XXXX>. |
| Kindly find the related details below: |
| Loan Outstanding |
XXXX |
| Bounce Charges |
XXXX |
| Interest Accrued |
XXXX |
| Closure Charges with Applicable Govt. Tax |
XXXX |
| Total Amount Payable |
XXXX |
|
|
| To pre-close your loan, please ensure the full amount is paid by DD/MM/YYYY. |
| The Demand Draft / Pay Order is to be made in favour of "IndusInd Bank Personal Loan Account Number <XXXX>’’. Alternatively, if you wish to pay through the IndusInd Bank Account, you can pay through a cheque with the same favour. |
| Kindly visit your nearest IndusInd Bank Branch to handover your Demand Draft / Pay Order/ IBL Account cheque. |
| If the due date of your next EMI is in the next seven days, which is the 4th of every month, it is likely to get presented to your bankers. You are advised to instruct your bankers to mark a stop-payment on the upcoming post-dated cheque / debit - ECS / ACH to avoid any excess payment. |
| In case the EMI gets recovered upon presentation, a refund to the extent of the EMI amount alone will be made by way of Pay Order/ direct credit (through NEFT) within a maximum of 15 days from the date of foreclosure. |
| Thanking you and soliciting your patronage in future. |
Warm regards,
IndusInd Bank |
|
| Disclaimer: This is a computer-generated letter, hence no signature is required. The figures stated above are system-generated. Please write to reachus@indusind.com in case of any discrepancy. |
