Loan settlement alternatives

Know about the alternatives to opt for instead of a loan settlement.

Alternatives to loan settlement

Before proceeding with a loan settlement, it’s critical to investigate other options for relieving financial stress without resorting to a settlement.

  • Before the borrower choose to go ahead with a loan settlement, it’s critical to evaluate other options as well. Since loan settlement has a negative impact on the creditworthiness, therefore it is important to explore other options.

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  • Check your loan details

    Sign-in to 'Service’ portal by entering your mobile number and the OTP.

Frequently asked questions

Can a bounce charge be called a recurring charge?

A bounce charge would be charged only if your bank returns the EMI presented against your account.