Banks usually charge a foreclosure fee if an individual wants to close their personal loan before the scheduled tenure. However, in some cases, an individual can get a complete waiver or a conditional waiver of the foreclosure fee.In this article, we will discuss some banks/NBFCs that either don’t charge a foreclosure fee or provide a conditional waiver on the foreclosure fee on personal loans.What is the foreclosure fee?A personal loan tenure usually ranges from 3 months to 7 years. When an individual want ...