Pre Closure Loan

Pre-closure is the early repayment of the entire outstanding loan amount before the scheduled tenure ends.

Purpose: Use this API to pre-close the loan.

Behavior: A successful response indicates that the loan is closed.

Please refer to the link: Loan for details about Loan.

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Path Params
integer
required
Defaults to 12

The unique identifier of the loan for which preclosure is being requested.
Example: 1

Query Params
string
required
Defaults to preclosure

The command for preclosing the loan. Example: preclosure`

Body Params

The payload for Pre closure

string
required
Defaults to dd MMMM yyyy

The format of the date.
Example: "dd MMMM yyyy"

string
required
Defaults to en

The locale for the date format.
Example: "en"

string
required
Defaults to 02 Augest 2024

The date of the transaction.
Example: "10 December 2012"

integer
required
Defaults to 3100

Identifier for the reason behind the loan pre-closure.
Example: 3100

Headers
string
required
Defaults to z01j3e71zd6zkq908vyf5861a8

The ID of your banking instance visible in the MBANQ Console.

Responses

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