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Foreclosure

Once the Loan Application is approved you will get all the details as below,

Create Loan - Loan Active

Click on $ Foreclosure tab. It specify that the customer repays the entire loan amount before the due date.

Create Loan - Foreclosure

  • Transaction date (*) – Specifies the amount transaction date
  • Note – Specify if any notes for future reference

The rest of the fields are automatically updated by the system. Click on Submit.