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    Foreclosure Statement

    Uploaded by

    lavbhardwaj5
    The document provides a foreclosure statement for a loan account. It lists the principal outstanding, interest, charges, and net receivables amount to close the loan. It notes the quote is valid until the next EMI cycle and lists documents required to close the account.

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

    Foreclosure Statement

    Uploaded by

    lavbhardwaj5
    222 views2 pages
    The document provides a foreclosure statement for a loan account. It lists the principal outstanding, interest, charges, and net receivables amount to close the loan. It notes the quote is valid until the next EMI cycle and lists documents required to close the account.

    Original Description:

    FC of HERO

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    The document provides a foreclosure statement for a loan account. It lists the principal outstanding, interest, charges, and net receivables amount to close the loan. It notes the quote is valid until the next EMI cycle and lists documents required to close the account.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    222 views2 pages

    Foreclosure Statement

    Uploaded by

    lavbhardwaj5
    The document provides a foreclosure statement for a loan account. It lists the principal outstanding, interest, charges, and net receivables amount to close the loan. It notes the quote is valid until the next EMI cycle and lists documents required to close the account.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    HERO FINCORP LTD.

    FORECLOSURE/CLOSURE SIMULATION REPORT


    Date:01/04/2024

    To,

    BILAL RAIS
    S/O RAIS SHAHJAMALADA SHANTINIKETAN DELHI GATE KOIL
    ALIGARH
    ALIGARH,
    202001

    Subject : Foreclosure Statement - Loan Account Number AGH0PL00100013377108

    Dear Sir/Madam,
    With reference to your request for the above, we enclose here with the following foreclosure value of the captioned
    Loan Account Number

    S.No Particulars Amount (in INR)

    1 Principal Oustanding 463,063.00

    2 Pending EMI 0.00

    3 Interest on Termination 9,913.00

    4 ForeClosure Charges @5% on Outstanding Principal 23,153.15

    5 Late Payment Charges 0.00

    6 Cheque Bouncing Charges 0.00

    7 Other Expense 0.00

    8 Refunds 0.00

    Net Receivables 496,129.15

    Kindly note that:


    1.This quote is Valid till the next EMI cycle.
    2. IMPORTANT - EMI/Cheques amounting to Rs 0.00 /- is/are under Presentation, Kindly obtain Fresh
    Foreclosure Statement and provide the Bank Statement incase the same is been cleared, else this amount needs
    to be paid with Applicable Charges along with the above mentioned Net Receivable.
    3.If a loan is closed on or after the validity date, then this statement is null & void and a request for new statement
    needs to be placed with the Hero FinCorp Ltd. Customer Service Team.
    4.If you prepay the facility on or after 23rd of the month, it is advisable that you make a stop payment for your
    next & future month installment to your bank. However, incase the EMI is deducted post your request for
    submission of Foreclosure, Please contact the customer service team for processing the refund.
    5.At the time of pre-termination kindly submit the following:
    a.Photocopy of the Registration Certificate
    b.Cash, Cheque/Draft favoring Hero FinCorp Ltd.
    6.The NOC will be issued within 10 days of closure of your account

    Incase of any further details/ clarification with regard to your above-mentioned Loan Account Number, please call us
    on 1800-102-4145 (Toll Free)
    or email us on customer.care@herofincorp.com
    Regards,
    Hero FinCorp Ltd.
    THIS IS A COMPUTER GENERATED STATEMENT AND DOES NOT REQUIRE A SIGNATURE

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