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A loan approval, for instance, now takes 30 seconds – a long way from the five days it took earlier. The no-cost EMI does not.
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Personal Loan Foreclosure Calculator – Bajaj Finserv – Loan foreclosure is the full repayment of the remaining loan amount in one single payment instead of paying it back in multiple EMIs. It is an existing part of your personal loan process in which you can repay the loan before your scheduled EMI period. You can select the number of EMIs that you have already paid and the month in which you want to foreclose your loan.
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I would suggest you not to foreclose any loan if taken in your life since , generally as per the redusing intrest type of structure of bank , they actually get their 60% of the total intrest in their half tenure also if you are at too early stage.
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