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Foreclosure

The document is a prepayment statement for Loan Account No: XVFPNOK00003646108, detailing a total amount payable of ₹11,927.00, which includes overdue installments, penalties, and charges. It outlines conditions for prepayment, including the need for cheque realization and the issuance of a stop payment on pending cheques. The document also provides contact information for further inquiries and emphasizes that it is a computer-generated statement.

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sharmamukesh61778
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18 views

Foreclosure

The document is a prepayment statement for Loan Account No: XVFPNOK00003646108, detailing a total amount payable of ₹11,927.00, which includes overdue installments, penalties, and charges. It outlines conditions for prepayment, including the need for cheque realization and the issuance of a stop payment on pending cheques. The document also provides contact information for further inquiries and emphasizes that it is a computer-generated statement.

Uploaded by

sharmamukesh61778
Copyright
© © All Rights Reserved
Available Formats
Download as PDF, TXT or read online on Scribd
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Date: March 01, 2025

MR/MRS.
surendra bishnoi
ward no.11 jambheshwar mandir k pass roda
NOKHA
RAJASTHAN 334803 Ph:7727903129

Dear Sir / Madam,


Loan Account No : XVFPNOK00003646108
Vehicle Registration No : RJ-50-SB-8463

This is with reference to your request for Prepayment of captioned Loan Account held with us. As per the terms of the Agreement,

following would be the Total amount payable on such prepayment and the calculation shown below is valid till March 02, 2025.

Principal O/S : 0.00


Overdue Installments : 1,972.00
Late payment penalty : 2,366.00
Cheque Bouncing charges and other penal charges : 7,589.00
Current month Interest till date of Prepayment : 0.00
Foreclosure charges @ 4.00 % at O/S Principal : 0.00
Excess, if any : 0.00
Total Amount Payable : 11,927.00

Kindly Note That:


1. The above mentioned prepayment amount is subject to realisation of all cheques deposited towards loan account till date.
2. Post Closure of your loan account you shall be required to issue a stop payment on your next cheque pending due for banking. Should
the cheque be cleared on banking, please approach us with the bank statement reflecting the debit transaction to help us to process your
refund at the earliest, if applicable.

3. We have taken the date of foreclosure as March 02, 2025. For each day beyond this date an additional interest will be charged at the

rate of Rs. 0.00 per day.


4.Cheque / Draft drawn should be favouring Cholamandalam Investment and Finance Company LTD. - Loan Account No :
XVFPNOK00003646108.
5. Subject to point 6 herein below following documents would be dispatched to our local branches within 30 days of clearance of the
Prepayment paid towards your Loan account. You shall be contact the local branch for the same. a. For Vehicle Loans & TW - No Objection
letter / Form-35 to release Hypothecation b. For Home Equity - Title Documents of the Immovable Property under mortgage.
6. If any Top-up or other Loan is linked to this asset, then only upon prepayment of said loan NOC or property document as applicable will
be released.
7. If single PDC is given for multiple loans, only upon submission of Swap PDC's the above referred loan will get closed

This is If you require any further details of your loan account, please contact us at our Toll Free no: 1800-102-4565 Alternatively, you

may Email us at ([email protected] or SMS @ +91 9500000312). .

At Cholamandalam Investment and Finance Company LTD., we are happy to have served you well in the past and we look forward to
provide you better service in the future and it is our pleasure to be associated with you.
Thanking you,

Best Regards.
This is a computer generated statement, printed by 'CB64960' & hence doesn't require physical signature

Please quote your Loan Account No. whenever you contact us


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