Dear {!! $user['customer_name'] !!},
We refer to your request for foreclosure of the captioned Loan Account with us. It has been a pleasure to be associated with you. We request you to reconsider your decision to foreclose the loan as we would like to continue our relationship with you.
As requested, given below are the foreclosure details:
Particulars Amount (₹)
Total POS (Principal O/S)
Current Month Interest (BPI)
Installment Overdue (a+b) {!! $user['foreclosure_letter']['total_outstanding'] !!}
Total Overdue Principal (a)
Total Overdue Interest (b)
Foreclosure Charges
Service tax on FCL charges
Excess amount
Bounce charges {!! $user['foreclosure_letter']['bounce_charges'] !!}
Penal Charges {!! $user['foreclosure_letter']['penal_interest'] !!}
Other charges
Total Foreclosure amount
Kindly Note:
  1. Foreclosure statement is valid till Feb 01,2019. We request you to make the payment at least 3 working days before the validity date to factor cheque clearing timelines. The interest will stop accruing on your loan account from the date of clearing and excess funds, if any, will be credited to the bank account registered with us.
  2. The cheque / demand draft should be made favouring to Pride Financial Services Private Limited. You can also make the payment through NEFT/RTGS/UPI/IMPS to our bank details: Bank-RBL Bank Limited A/C no 409000866382 IFSC Code: RATN0000088. Please ensure the UTR number is shared with us through email on ops@creditfair.in once the payment is made.
  3. For payments received towards foreclosure after the 25th of the current month, EMI for the subsequent month may be debited on due date. Applicable refund amount, if any, will be subsequently credited to the bank account registered with us.
  4. Please note any cheques submitted at the time of availing the loan will be shredded at our end. In case of any query, please email us at ops@creditfair.in or call us on +91-9967235047.

  5. For NEFT/RTGS payments details are as follows:

    Name: {{$lender['bank_details']['account_holder']}}

    Bank: {{$lender['bank_details']['bank_name']}}

    Branch: {{$lender['bank_details']['branch_name']}}

    IFSC Code: {{$lender['bank_details']['ifsc_code']}}

    Account Number: {{$lender['bank_details']['account_number']}}

    Please ensure the UTR number is shared with us through email on ops@creditfair.in once the payment is made. You can also pay by cheque / demand draft, which should be made favouring Pride Financial Services Private Limited.