![]() After completing the repayment of your car loan, there are five important things that you need to do as explained below:Ī) If you made the last EMI on your car loan or did a prepayment to close the car loan, then get the final payment receipt from your bank.ī) Within 2-3 weeks’ time of repaying the car loan, you should receive all your documents from the bank via post at your registered address. ![]() But, there are still some unfinished tasks left for the borrower. A number of borrowers assume their job is done after paying off the last equated monthly installment (EMI) on their car loan.
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