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HDB Personal Loan Settlement allows you to pay off your loan in one lump sum, offering financial relief without collateral.

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Review your loan agreement and terms, then contact customer service. You can either pay the full balance or settle for less.

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Loan settlement relieves you from monthly EMIs, avoids becoming a defaulter, and may save you money by paying a reduced amount.

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Submit loan details, ID proof, address proof, and income documents. Write a formal letter to request settlement terms in writing.

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Call your lender, negotiate a lump sum payment, and ensure all terms are documented. Request an NOC once you pay the amount.

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Negotiate a lower settlement amount, ensure written terms, and make full payments on time. Improve your credit after settlement.