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    Closure Book

    Uploaded by

    Shashikant Shedage
    The final foreclosure amount to close the loan is Rs. 176790, valid until January 23, 2024. The borrower should pay the full amount in a single transaction by the due date to close the loan and receive a no objection certificate within 15 days.

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

    Closure Book

    Uploaded by

    Shashikant Shedage
    5K views2 pages
    The final foreclosure amount to close the loan is Rs. 176790, valid until January 23, 2024. The borrower should pay the full amount in a single transaction by the due date to close the loan and receive a no objection certificate within 15 days.

    Original Description:

    Closure

    Original Title

    Closure book

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    © © All Rights Reserved

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    The final foreclosure amount to close the loan is Rs. 176790, valid until January 23, 2024. The borrower should pay the full amount in a single transaction by the due date to close the loan and receive a no objection certificate within 15 days.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5K views2 pages

    Closure Book

    Uploaded by

    Shashikant Shedage
    The final foreclosure amount to close the loan is Rs. 176790, valid until January 23, 2024. The borrower should pay the full amount in a single transaction by the due date to close the loan and receive a no objection certificate within 15 days.

    Copyright:

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

    FORECLOSURE STATEMENT

    Date of statement generation: 18/01/2024 Validity of statement: 23/01/2024

    VALID FOR 5 DAYS ONLY.


    IF VALIDITY OF THIS STATEMENT IS OVER, PLEASE DOWNLOAD THE LATEST STATEMENT
    FROM YOUR FINNABLE APP OR ADD PER DAY INTEREST OF RS. Rs.107.0
    IN THE FINALFORECLOSURE AMOUNT FOR MAKING A VALID PAYMENT.

    We take this opportunity to thank you for availing a personal loan through us. We hope it has been a
    pleasant experience for you and look forward to continuing our long & mutually beneficial relationship
    Following is the break–up of the foreclosure amount for loan - FN1893713372

    Particulars Amount (INR)

    Principal Outstanding Rs.163099.0

    Interest Charges Rs.2144.0

    Pre-payment charges Rs.9786.0

    GST@18% on pre-payment charges Rs.1761.0

    Total Amount Rs.176790.0

    Per day Interest after validity date Rs.107.0

    Payee Name Northern Arc Capital Limited

    Bank Name

    A/c Number 10083903750

    Type Current Account

    IFSC IDFB0080101
    Branch Address DBS WESTMINISTER,108,R.K.SALAI,3RD
    FLOOR,CHENNAI

    BALANCE TRANSFER CASES

    • IF CORRECT PAYEE NAME IS NOT MENTIONED ON THE DD; IT WILL BE REJECTED.


    CORRECT PAYEE NAME ON DD - DMI FINANCE PRIVATE LIMITED
    WRONG PAYEE NAME ON DD - DMI FINANCE PRIVATE LIMITED (7878264726472)

    • AFTER UPLOADING DD IN FINNABLE APP, PLEASE DEPOSIT THE ORIGINAL DD WITHIN THE
    NEXT 24 HOURS TO ANY BRANCH OF

    ANY BRANCH WITHIN THE NEXT 24 HOURS


    The final foreclosure amount to be paid is Rs. __________.
    176790.0 This amount is valid till ___________.
    23/01/2024
    Kindly note the following points for your reference:

    1. The Foreclosure amount has been calculated with the assumption that your last EMI has
    been paid. If this is not the case, please pay your overdue EMI in Finnable app and then
    download foreclosure letter again
    2. In case the payment is done beyond the validity, please add per day interest of Rs._____/-
    107.0
    & then make a single payment of additional per day interest + total foreclosure amount
    3. If the amount is paid beyond the validity period, and if there is a shortfall of the closure
    amount, please note that EMI for next month will be debited automatically. The loan account
    will not be closed until the shortfall money is recovered. Split payment is not acceptable in
    any given circumstance.
    4. The foreclosure amount can be transferred via
    a. Online Payment in Finnable App using UPI, Net Banking or Debit Card.
    b. NEFT, IMPS or RTGS payment to the above-mentioned account details
    c. Demand Draft to the above-mentioned account details
    5. After making a correct DD, please upload the payment proof in Finnable App
    Tap on view more details → Close Loan → Continue → Demand Draft
    6. After uploading in the Finnable App,
    Please deposit the original Demand Draft in any
    Branch near you within the next 24 hours. Only then the amount will be transferred to close
    your loan account
    7. All payments to be made ONLY in one single transaction. MULTIPLE TRANSACTIONS NOT
    ACCEPTED. Please add the beneficiary account details at least 24 hours prior to transferring
    the amount to ensure that a SINGLE TRANSACTION can be done easily.
    8. Once the payment is completed, please share the proof of payment via Finnable app for
    Demand Drafts, NEFT, IMPS or RTGS payments
    9. The No Objection Certificate (NOC) will be provided within 15 working days upon
    verification of the amount received for closure of the loan account.
    10. Please mention your registered mobile number and your loan account number on the back of
    the Payment Proof. In case the funds are transferred via NEFT, IMPS or RTGS Remarks to
    include the registered mobile number or loan account number mandatorily”. Please note if
    the same is not followed, the DD amount / transferred amount will be lying in suspense
    account and the loan account will continue to be in ACTIVE STATUS, it will also attract more
    per day interest as well.
    11. DD has to be made as per the foreclosure statement shared, in-case the validity of the
    statement is expired, please request for a revised foreclosure statement, to avoid any delays
    in pre-closing the loan.
    12. In case, EMI gets cleared post the realization of the Foreclosure amount, request you to
    immediately contact our customer service team to enable us to arrange the refund of the
    installment (EMI) amount.

    Finnable Credit Pvt. Ltd. (Formerly known as QreativityEservtechPvt. Ltd.)


    Regd Off: Indiqube Lakeside, 4th Floor, Municipal No. 80/2 Wing A, Bellandur Village, Varthur Hobli, Bengaluru KA 560103 ICIN:
    U67100KA2015PTC082204 E-Mail: info@finnable.com Web Site: www.finnable.com

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