Date: 06/03/2025.
To,
Mr. MD ABU HANIFA MISTRY,
TEKPANZA M,PO SOUTH 24 PARAGANS,WEST BENGAL,
SOUTH 24 PARGANAS,
West Bengal,
PIN: 743355,
Contact No: 9734511692.
Prepayment of your Loan Account No:0456PLA00162016
Mr. MD ABU HANIFA MISTRY
We value your relationship with Axis Finance Limited. In response to your request for Prepayment of your above mentioned Loan, we give you the details of
the amount payable, as follows:
Balance Principal 1,078,889.00
Overdue Installments 0.00
Overdue Principal (0.00)
Overdue Interest (0.00)
Interest Till Date 11,173.00
Pre Payment Charges @ 2% 21,578.00
CGST 1942
SGST 1942
IGST 0
Interest on overdue EMI
Foreclosure Statement Charges 0
Bounce Charges 0.00
Late Payment Penalty overdue & Accrual Amount 0.00
Other Overdue Charges 0.00
Unrealized Amount (Rs.) (Refer point no. 6 in note) 0.00
Less: Excess Amount 0.00
Net Amount Receivable (Rs.) 1,115,524.00
Kindly Note that:-
1. Above calculation assumes that your last installment has been cleared.
2. This letter is valid till 31/03/2025. In case, the payment is not made within the given period, please raise a fresh request for foreclosure letter.
3. On prepayment of the loan, AFL shall try to prevent banking the subsequent month's installment. As a precaution, we advise you to make a 'stop payment
request' for your next month's installment. In case the next month's installment is debited from your account, the amount will be refunded, subject to
clearance.
4. The above mentioned amount is valid subject to clearance of all the cheques / installments till date.
5. Kindly tender the payment by way of Cheque/Draft favoring Axis Finance Limited Full & Final settlement of the Loan will be subjected to realization of
Cheque/Draft and payment of all charges, as accrued as on the date of foreclosure/prepayment.
6. Unrealized amount is just for information and not included in final calculation.
7. Pre Payment Charges stated above are inclusive of GST; as applicable. In case you are eligible to claim Input credit of GST,update your GSTIN with us
prior to or at the time of foreclosure .A separate tax Invoice would be issued upon actual foreclosure.
8. In the event of shortfall amount received which is less than quoted amount in this letter, customer is requested to pay the same within 3 daysfrom the date
of initial payment.
9. If the shortfall amount is not received in 3 days of initial payment, whatever amount is received will be adjusted against overdue if any else it will be
adjusted in form of part-prepayment
10. In case of any EMI due but remains unpaid or get bounced post generation of this statement, the same needs to be cleared over and above the Net Amount
Receivable (Rs.) mentioned above.
In order to make the payment, follow below steps-
a) Login to your correspondent bank and add Axis Finance as beneficiary
b) Enter your Axis Finance Loan Account number e.g., 0456CPAXXXXXXXXX
c) Beneficiary Name: Axis Finance Limited
d) Bank: Axis Bank Limited
e) IFSC code: UTIB0CCH274(please note 5th character is a 'Zero')
For Axis Finance Limited
This is a system generated letter. Hence, it does not require any signature.