How To HDFC Credit Card Loan Foreclosure

HDFC Credit Card Loan Foreclosure

Foreclosure is a legal process by which a lender takes possession of a property when the borrower fails to make mortgage payments as per the agreed terms.

However, it seems like you might be referring to something specific related to HDFC (Housing Development Finance Corporation Limited), which is a prominent financial institution in India.

If you are looking for information on HDFC foreclosure, it typically relates to the process of closing or paying off a home loan or mortgage early. When you want to pay off your HDFC home loan before the original loan tenure is completed, you can request foreclosure.

Contact HDFC

You should first get in touch with HDFC, either by visiting a branch or contacting their customer service to express your intention to foreclose the loan.

Foreclosure Letter

HDFC will provide you with a foreclosure statement or letter, which outlines the outstanding amount that needs to be paid to close the loan. This amount includes the principal, interest, and any applicable charges.


You will need to make the payment for the mentioned amount to HDFC. This can be done through various payment methods, such as a bank draft, cheque, or online transfer.

Loan Closure

Once HDFC receives the full payment, they will process the foreclosure and mark the loan as closed. They will also issue a No Dues Certificate and return your property documents, if they were held as collateral.

Credit Score Update

It’s important to note that foreclosing a loan early can have an impact on your credit score, so it’s advisable to understand the potential consequences before proceeding.


Ensure you receive all necessary documents from HDFC, including the foreclosure letter, No Dues Certificate, and any other relevant paperwork.

How To HDFC Credit Card Loan Foreclosure

Check Outstanding Balance

Before proceeding with the foreclosure, make sure you know the exact outstanding balance on your HDFC credit card loan. You can find this information on your monthly credit card statement or by logging into your HDFC NetBanking account.

Contact Customer Service

Reach out to HDFC customer service through their official customer care number or email. You can typically find these contact details on the official HDFC website or the back of your credit card.

Inquire about Foreclosure

When you contact HDFC customer service, inform them that you want to foreclose your credit card loan. They will guide you through the process and provide you with the necessary information and documents required for foreclosure.


HDFC may request certain documents for foreclosure, such as a foreclosure request letter, KYC documents, and a check or demand draft for the outstanding loan amount. Ensure that you have all the required documents ready.

Visit a Branch

You may be required to visit an HDFC branch in person to initiate the foreclosure process. Make an appointment with the nearest branch and carry all the necessary documents with you.


Pay the outstanding loan amount through a check or demand draft as directed by HDFC. Make sure the payment is in favor of “HDFC Bank Ltd – Loan Account Number.”

Receive No Dues Certificate

After the payment is made and the foreclosure process is complete, HDFC will issue a No Dues Certificate. This certificate signifies that your credit card loan has been successfully closed.

Update Credit Report

Ensure that HDFC updates your credit report to reflect the closure of the credit card loan. This is important for your credit score.

Keep Documentation

Keep copies of all documents related to the loan foreclosure, including the No Dues Certificate, for your records.

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