Small Malfunction
step 1 step 1. Mortgage isn’t admissible for AFGIS -Pc Loan APPLICA TION For your Pointers (a) Installment out of loan av.
Description
Mortgage isn’t admissible getting (a) Repayment of mortgage availed private Computer bought before. (b) Re-functioning individuals. (c) Purchase of used Pc. (d) When Desktop computer improve is a fantastic out-of Govt. (e) Airmen who’ve below a couple of years out of solution and officers whose percentage isn’t affirmed (6 months). (f) NCs(E) that have lower than ten yrs. regarding solution otherwise with other AFGIS loan. (g) Non-person in Newest Scheme of AFGIS. (h) Airmen with below 5 years service & have previously availed any kind of mortgage away from AFGIS.
2. Improvement out of present mortgage to buy of Pc is even admissible after. Next financing is admissible immediately following cleaning earliest mortgage. step three. Currently notice charged is actually % pa to the month-to-month asleep base that is floating rate. Paying down ability could well be write-offs to your all of the membership about shell out and you can allowances of your user including the EMI toward financing approved isn’t to go beyond 80% of emoluments. 4. As mortgage are approved no changes in r/o term, quantity of mortgage, Bank information or quantity of instalments would be entertained 5. Voluntary limited / lumpsum reimburse off financing the at one time is permissible not more often than once. Complete refund can be made before twentieth regarding thirty days for the principal equilibrium round off to next rupee. six. Cash bill about Team/Agency demonstrating the brand new build, design and you will expenses zero of your Pc etc, issued from the label regarding Candidate is usually to be submitted to AFGIS of the debtor within 30 days in the date from issue of cheque duly attested. seven. A part which instructions a personal computer regarding mortgage from AFGIS isn’t allowed to sell ahead of liquidating the mortgage. 8. Pass of any of given fine print commonly render the fresh new borrower liable for refund regarding the mortgage with interest in one to lumpsum 9. Cheque towards loan amount made in favour of the individual and you will be despatched with the Applicant’s equipment address simply. ten. Participants which have 2 or more abuse entries (Red/ Black) if in case eight decades haven’t lapsed out-of last entry, will never be qualified to receive mortgage regarding the Community. This will not become records sustained during the abinitio training. eleven. Handling percentage Rs.200/- (non refundable) is deducted throughout the sactioned amount borrowed. 12. EMI thanks to IRLA of the individual commonly start away from spend regarding the following month where cheque is given alongwith fractional interest about go out of problem of cheque to get rid of of the times. thirteen. Financing consult according of these that have availed Finally withdrawal would be noticed to the merit and the amount commonly correctly score minimal.
Information Having Completing step one. The application is usually to be filled from inside the single duplicate immediately after making sure qualifications off financing depending on rule. 2. Cross out terms and conditions that aren’t appropriate. No column is going to be left empty. Incomplete app will be denied from inside the toto. step 3. The applying must feel countersigned because of the AOC/Stn Cdr. According out-of Administrator/airmen published to Sky Hq, the application must payday loans online getting countersigned from the its respective Dominating Director. cuatro. No piece out-of form will be isolated. 5. Contract form mounted on the application form can also be occupied during the every esteem and you may finalized by applicant in the bottom out of new page properly experienced by the one or two persons. six. Big date and you can amount isn’t getting printed in Agreement means and you will Contingent Statement. (Predicated on Paying potential, the total amount approved will be occupied by AFGIS). seven.
(a) Latest shell out sneak in““0riginal (F-1517 to own Administrator / F-1523 to possess Airmen) will be connected alongwith the applying. (b) Proforma Invoice (Demonstrating the price of computer is additionally to be connected.)
8. Candidate is to obviously state on the contingent costs, the An excellent/c Zero, term & part of one’s bank, the fresh cheque will be provided. 9. Software will be sent to help you AFGIS below a coating page out of the new applicant’s unit. 10. Indicate the fresh new address to which the latest cheque is going to be sent of the post certainly throughout the application. EMI Graph Getting Computers Advance – 09% Into Monthly Cutting Balance Days several