A loan foreclosure quote template gives the borrower the amount needed to close the loan early, the date the quote is valid until and how to pay. Send it as a Utility template within hours of the request, with the foreclosure letter attached.
Category UtilitySend Within hours of the requestVersions 2
DOCUMENTHi Imran, as requested, the amount to close your loan account ending 3307 is ₹1,84,620, valid until 15 Dec 2026. The attached letter shows the breakup. Pay using the button below to close the loan.Reply HELP to talk to our team10:00Pay and closeI have a question
Copy-ready templates
Two versions: the quote, and the reminder before it expires
1
Foreclosure quote with letter
Sent when the borrower asks to close the loan early.
Category
Utility
Language
English (en)
Header
Document: foreclosure letter (PDF)
Footer
Reply HELP to talk to our team
Buttons
Visit website: “Pay and close” Quick reply: “I have a question”
Hi {{1}}, as requested, the amount to close your loan account ending {{2}} is ₹{{3}}, valid until {{4}}. The attached letter shows the breakup. Pay using the button below to close the loan.
DOCUMENTHi {{1}}, as requested, the amount to close your loan account ending {{2}} is ₹{{3}}, valid until {{4}}. The attached letter shows the breakup. Pay using the button below to close the loan.Reply HELP to talk to our team10:00Pay and closeI have a question
2
Quote about to expire
Sent a day before the quote’s validity ends.
Category
Utility
Language
English (en)
Header
None
Footer
Reply HELP to talk to our team
Buttons
Visit website: “Pay and close” Quick reply: “Send a new quote”
Hi {{1}}, the foreclosure quote for your loan account ending {{2}} is valid until {{3}}. After that, the amount will change and we can share a fresh quote.
Hi {{1}}, the foreclosure quote for your loan account ending {{2}} is valid until {{3}}. After that, the amount will change and we can share a fresh quote.Reply HELP to talk to our team10:00Pay and closeSend a new quote
Variables
What each variable means
Variable
What goes in it
Sample value
Usually comes from
{{1}}
Borrower’s first name
Imran
LMS
{{2}}
Loan account last 4
3307
LMS
{{3}}
Foreclosure amount (version 2: validity date)
1,84,620
Foreclosure calculation in your LMS
{{4}}
Valid until
15 Dec 2026
Your foreclosure policy
The amount and validity must come from the same calculation as the attached letter. Never retype them.
Meta category
Why this is Utility, not Marketing
The borrower asked to close their own loan, so the quote is a direct, transactional answer: Utility.
Retention offers are a different message. If you want to offer a better rate to keep the borrower, have a person call; don’t mix it into the quote.
What makes it Marketing“Before you close, check our new lower rate” in the same template. Keep the quote neutral and fast.
Timing
When to send it
1
Request receivedVersion 1, within business hours.Same day
Borrowers often ask “why is this more than my outstanding principal?”. Route “I have a question” to your team inbox, where the letter is visible in the chat.
Compliance note for lenders
Charges as per RBI and the agreement. RBI’s rules bar pre-payment charges on many floating-rate loans to individuals, and its 2025 directions extend this for loans sanctioned or renewed from 1 January 2026. Check which rules apply before quoting any charge.
Facts only. State what happened, the amount or date, and the next step. No penalties, credit-score warnings or legal language unless your compliance team approved the exact words and they match the loan agreement.
Opt-in first. Send only to borrowers who agreed to WhatsApp updates, and record when and where they agreed (loan application, app or branch form).