To help women borrowers from low-income households get access to easy financing, we have recently begun offering microfinance group loans.
These are collateral-free loans that come with simple eligibility criteria and minimal documentation. And that isn’t all. We also provide a host of self-service options including easy download of documents, simpler loan payments and more. All you have to do is sign-in to our customer portal – My Account and start using our digital services.
With our document download facility, you can get all your loan-related documents just a few clicks from the comfort of your home. If you have an existing microfinance group loan and looking to download your foreclosure letter, you can follow these simple steps.
- Click on the ‘Sign-in’ button on this page to go to our customer portal – My Account.
- Enter your registered mobile number and the OTP to sign-in.
- Verify your details by entering your date of birth and proceed.
- Select the loan account number from the ‘Document Centre’ section.
- Click on ‘Foreclosure Letter’ and download it.
A foreclosure letter provides information about the total amount required to pay off your loan, including outstanding balances, fees, and charges. Having access to this letter helps you plan for the necessary funds if you wish to close your loan early.
It also provides you with information regarding the terms and conditions of loan foreclosure, and other charges if applicable. Knowing this information ahead of time can help you plan your loan foreclosure better and avoid any surprises.
Closing a loan is an important financial decision that requires careful consideration and planning. Make sure to review the foreclosure letter and understand the charges and terms before you initiate foreclosure. These steps will help ensure a smooth and efficient loan foreclosure process.
You can also access the foreclosure letter on the go by using the Bajaj Finserv app. Visit the Play Store or the App Store and download our app today.
