Foreclosure Letter - Foreclosure of PLTW Account Number 28234659

Sep 16, 2026

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Foreclosure Letter dated 24 Jun 2022 to customer Manish Khatore requesting reconsideration of the foreclosure of PLTW Loan Account No. 28234659. The letter provides itemized foreclosure amounts including principal outstanding, interest, overdue components, service accounting charges, GST, bounce and penal charges, and total foreclosure amount. It specifies validity of the foreclosure statement until 04-Jul-2022, cheque/demand draft instructions, EMI implications, document handover timeline, and relevant RC detail fields.

LanguageEnglish

CategoryLetters

FormatPDF

Pages2

Reading Time1 min

AccessFree to download

Foreclosure of PLTW Loan Account

Foreclosure details and charges

Payment validity, cheque instructions, and EMI rules

Document handover, RC details, and NOC timeline

FORECLOSURE LETTER 24 Jun 2022 To, MANISH KHATORE 56/17 SECTORE 5, HEERA PATH, MANSAROVER JAIPUR, JAIPUR-302020 Sub: Foreclosure of your PLTW Account Number : 28234659 Dear Customer, 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) | 47,600.05 | | Current Month Interest (BPI) | 68.12 | | Installment Overdue (a+b) | 7,618.00 | | Overdue Principle (a) | 6,226.58 | | Overdue Interest (b) | 1,391.42 | | Foreclosure Charges(Service accounting code (SAC): 99711) | 1,748.24 | | Applicable Goods and Service Tax (GST) on FC Charges (CGST (9%) & SGST (9%) or IGST (18%) | 314.68 | | Excess Amount | 0.00 | | Bounce Charges | 944.00 | | Penal Charges | 354.00 | | Other Charges | 0.00 | | Foreclosure Amount | 53,629.92 | Kindly Note: 1. Foreclosure statement is valid till 04-Jul-2022 . We request you to make the payment at least 5 working days before the validity date to factor cheque. For each day beyond the validity date an additional interest will be charged per day. 2. The cheque / demand draft should be made favoring IDFC FIRST Bank LTD Loan A/c No 28234659. The above mentioned foreclosure amount is valid subject to clearance of all the cheques/installment ¶s till date. 3. If you prepay the loan in between 1st to 5th of the month, the installment for the month will become payable. On prepayment, loan will be closed subject to clearance of all the cheques/installments till date. Interest (if any) will be deducted from the EMI till the clearance of the Cheque/DD and the remaining amount will be refunded within 30 days 4. For payments received towards foreclosure after the 22nd of the current month, EMI for the subsequent month may be debited on due date. In case the EMI gets recovered upon presentation, the amount thereof will be auto refunded without any request in 30 days from date of foreclosure. IDFC FIRST Bank Limited (formerly IDFC Bank Limited) Naman Chambers, C 32 , G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Tel: +91 22 7132 5500 Fax: +91 22 2654 0354 Registered Office: KRM Towers, 7th Floor, No. 1 , Harrington Road, Chetpet, Chennai 600031. Tel: +91 44 4564 4000 Fax: +91 44 4564 4022 CIN: L65110TN2014PLC097792 [www.idfcfirstbank.com](www.idfcfirstbank.com) 5. All the original Property Papers deposited with us will be handed over only to you in presence of all the co-applicants of the loan within 15 working days post receipt of clear funds towards entire outstanding amount. Also, kindly note that all the applicants and co-applicants should carry a valid Photo ID at the time of collection of the property documents. 6. Your RC details in our records are mentioned below. Engine No: NA Chasis No: NA Registration No: NA 7. On closure of loan the NOC will be couriered within 30 days of prepayment. (Applicable for Two Wheeler loans) In case of any query, please call us on the helpline number 1860-500-9900. [This is a computer generated letter and does not require any signature (s) ] IDFC FIRST Bank Limited (formerly IDFC Bank Limited) Naman Chambers, C 32 , G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Tel: +91 22 7132 5500 Fax: +91 22 2654 0354 Registered Office: KRM Towers, 7th Floor, No. 1 , Harrington Road, Chetpet, Chennai 600031. Tel: +91 44 4564 4000 Fax: +91 44 4564 4022 CIN: L65110TN2014PLC097792 [www.idfcfirstbank.com](www.idfcfirstbank.com)

FAQs

What loan account is being foreclosed and who is the recipient?

The letter is addressed to Manish Khatore regarding foreclosure of PLTW Loan Account Number 28234659.

What is the total foreclosure amount and what are the key charge components?

The total foreclosure amount is 53,629.92. It includes principal outstanding, current month interest, overdue principal and interest, foreclosure charges with SAC 99711, GST on charges, bounce charges, and penal charges.

Until when is the foreclosure statement valid and what payment instructions apply?

The foreclosure statement is valid till 04-Jul-2022. Payment should be made at least 5 working days before the validity date to factor cheque; for payments beyond the validity date, additional interest per day applies.

Sep 16, 2026

Upload by Xiajie