Loan Foreclosure | Foreclosure calculator | Foreclosure charges | Loan prepayment | Finance Startup

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Bonus arrived! Should I foreclose my loan or book a trip to Bali? ✈️

Foreclosure sounds tempting, but here’s the catch.....
Banks usually charge for pre-closure of loan on the remaining amount.
Plus, you can’t foreclose anytime — you need to pay for few months of EMIs before applying as per your bank policy.
Always read your respective bank’s terms & conditions and use a Foreclosure Calculator before taking any step.

So, smart move or costly mistake? What would you choose?

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Disclaimer: The information served in this video is provided on a general basis for educational purposes only. This is not to be relied on as investment, legal, tax or other advice as it does not take into account the investment objectives, financial situation or particular needs of any specific person.
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