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- Exempted from that repaymentIn loan waive-off, the borrower is technically exempted from that repayment. It means there is no chance of recovering a loan from the borrower by the lender or bank. It basically refers to the process of releasing the borrower from the burden of loan repayment and no recovery will be made by the lender.moneyview.in/loan-insights/difference-between-write-off-and-waive-off
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