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    Adobe Scan 14 Feb 2024

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    ashusinghn2611
    This document is a foreclosure letter from Axis Bank detailing the outstanding amount owed to close a home loan for Mr. Jigneshkumar Naranbhai Prajapati. It lists the outstanding principal amount of Rs. 4,414,519 and total amount due of Rs. 4,428,125 to fully settle the loan. It provides instructions on making payment and documents required for loan closure.

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    Adobe Scan 14 Feb 2024

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    ashusinghn2611
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    This document is a foreclosure letter from Axis Bank detailing the outstanding amount owed to close a home loan for Mr. Jigneshkumar Naranbhai Prajapati. It lists the outstanding principal amount of Rs. 4,414,519 and total amount due of Rs. 4,428,125 to fully settle the loan. It provides instructions on making payment and documents required for loan closure.

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    This document is a foreclosure letter from Axis Bank detailing the outstanding amount owed to close a home loan for Mr. Jigneshkumar Naranbhai Prajapati. It lists the outstanding principal amount of Rs. 4,414,519 and total amount due of Rs. 4,428,125 to fully settle the loan. It provides instructions on making payment and documents required for loan closure.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    120 views1 page

    Adobe Scan 14 Feb 2024

    Uploaded by

    ashusinghn2611
    This document is a foreclosure letter from Axis Bank detailing the outstanding amount owed to close a home loan for Mr. Jigneshkumar Naranbhai Prajapati. It lists the outstanding principal amount of Rs. 4,414,519 and total amount due of Rs. 4,428,125 to fully settle the loan. It provides instructions on making payment and documents required for loan closure.

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    AXIS BANK

    FORECILOSURE LETTER
    Agreement Number: Date:
    FHROO1303312200 PHRO01303312200 20 March, 2021

    MR JIGNESHKUMAR NARANBHAI
    PRAJAPATI
    Customer ID: Loan Sanctioned Amount:
    7SAMRUDDHI TENAMENT AND
    BPTAKSH COMPLEX 875575373 Rs. 4.94I.463.00
    VASNA ROAD
    GUJARAT, INDIA - 390007

    Dear JIGNESHKUMAR NARANBHAI PRAJAPATI.


    Further to your request to foreclose your Axis Bank POWER HOME VANILLA BRE account, please find below details of the outstanding
    amount payable in order to completethe foreclosure.
    Particulars Amount in Rs.
    Outstanding Principal 4.414.519.00
    Pending Instalments 0.00

    Interest for the Month 13,606.00

    Late Payment Charges 0.00

    Bounced Cheque Charges 0.00

    Other Charges 0.00

    Foreclosure charges @0 %on Outstanding Principal 0.00

    GST on Foreclosure Charges @ 18%. 0,00

    Refunds 0.00

    Total Amount Payable 4,428,125.00


    Important Notes:
    1. This statement of dues assumes that your last EMI has cleared.
    2. Please make your balance chequeldraft in favour of AXIS BANK LTD ;Loan Account No. PHROO1303312200
    3. Full and final settlenment 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 prepayment.
    4. Thedate of foreclosure considered in the above calculation is 20-MAR-21. After this date, additional interest will be charged at Rs 907 per
    day.
    5. Kindly remit the cxact amount as per the date of the foreclosure letter.Excess payments would not be accepted.
    6. For HLLAP Original property documents collection , all property owners/POA holders to be present with original ld cum Sign proof.
    7. As the upcoming EMl due date on this loan is 05-APR-21 . it is likely to be presentad to your bankers on this date. We advise that you
    instruct your bankers to mark a stop-payment on the upcoming post-dated cheque/ debit-ECS to avoid any excess payment. 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 after 15 days of EMI clearance.
    8. At the time of making your final payment at any Axis Bank Loan Centre, please submit the following:
    --A copy of this letter with your signature
    --Certified Copies of the Invoice and RC Book, if not already submitted carlier (applicable to Vehicle Loans only)
    -Copy of thec Original Insurance Policy in order for us to process a refund of the Insurance Premium (applicable to Home
    Loan and Loan against Property only).
    9.Within 30 days of prepayment of your loan, the following documents would be dispatched to address mentioned above.
    -No Dues certificate
    -For Vehicle Loans: No Objection Certificate/Form 35
    10.In case you wish to have your un-encashed Post Dated / Security Cheques returned to you, please raise arequest within 45 days from the
    date of foreclosure at the Axis Bank Loan Centre. In case no request received within the stipulated time frame the same will be cancelled and

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