What are the terms for prepayment or foreclosure?

Modified on Tue, 21 Apr at 6:28 PM

InstaMoney allows you to prepay or foreclose your loan anytime directly from the app.

A nominal foreclosure charge may apply, but once paid, all future interest is waived off, helping you save money.


To repay in full:

  • Go to Pay Dues → Total Due in the app

You may refer your Loan Agreement for further information.


To access documents:

  • Click on More Tab
  • Click on your Profile Option
  • Look for Document section
  • Find your Loan Agreement or other related information