Loan is not admissible to possess AFGIS -Desktop computer Loan APPLICA TION For the Suggestions (a) Installment regarding financing availed private Desktop purchased before
1 step one. (b) Re-operating individuals. (c) Acquisition of second hand Personal computer. (d) Whenever Computer advance is outstanding out of Govt. (e) Airmen who have below two years of solution and you can officers whose payment isn’t verified (six months). (f) NCs(E) who’ve less than ten yrs. out-of service otherwise along with other AFGIS mortgage. (g) Non-member of Most recent Strategy out of AFGIS. (h) Airmen with lower than 5 years provider & have already availed various other mortgage out of AFGIS. dos. Improvement of present financing for sale out-of Computer is even admissible immediately following. Next financing was admissible shortly after clearing earliest loan. step 3. At this time notice billed pa to your month-to-month asleep base which is drifting price. Paying down potential would-be deductions toward the account on the pay and you may allowances of your affiliate such as the EMI into mortgage approved is not to surpass 80% of emoluments. 4. Because the mortgage is sanctioned zero alterations in roentgen/o title, quantity of mortgage, Financial facts or number of instalments was captivated 5. Complete refund can be made ahead of 20th of 1 month getting the primary balance game out over second rupee. 6. Dollars acknowledgment throughout the Providers/Business proving brand new build, model and bill no of one’s Computer etc, granted throughout the name from Candidate is usually to be submitted to AFGIS of the borrower with in 30 days on the date out-of dilemma of cheque properly attested. seven. A part which orders some type of computer regarding mortgage away from AFGIS isn’t permitted to sell prior to liquidating the borrowed funds. 8. Violation of any of your recommended terms and conditions will give this new debtor responsible for refund of the financing which have interest in that lumpsum nine. Cheque towards the loan amount built in go for of the individual and will also be despatched towards the Applicant’s product address merely. 10. Members with a couple of punishment entries (Red/ Black) incase seven decades have not lapsed of past entryway, will not be entitled to loan from the Neighborhood. This may not are records obtain throughout the abinitio studies. 11. Handling payment Rs.200/- (low refundable) could be deducted on sactioned amount borrowed. twelve. EMI by way of IRLA of the individual commonly initiate away from spend from next month where cheque is actually given alongwith fractional notice on big date from problem of cheque to end of that few days. 13. Mortgage consult in respect of these that availed Final detachment could be believed toward merit therefore the number will consequently get restricted.
Volunteer partial / lumpsum refund regarding financing the at a time was permissible but not over and over again
3 Directions To possess Completing step 1. The applying is to be occupied within the unmarried duplicate immediately following guaranteeing qualifications off mortgage as per code. 2. Cross out terminology which are not applicable. Zero column is going to be left empty. Unfinished software will be refused into the toto. step three. The program must end up being countersigned because of the AOC/Stn Cdr. According away from Administrator/airmen printed so you can Heavens Head office, the application form is needed to end up being countersigned by the their particular Dominant Director. 4. No sheet away from form is to be detached. 5. Agreement form attached with the application can also be filled within the the respect and signed by the applicant at the end from the brand new web page properly observed by a couple of individuals. 6. Big date and you will count isn’t becoming written in Arrangement setting and Contingent Bill. (Centered on Paying off skill, the total amount acknowledged was occupied from the AFGIS). eight. (a) Latest spend sneak in””0riginal (F-1517 to possess Officer / F-1523 getting Airmen) will be affixed alongwith the application payday loan Berlin form. (b) Proforma Charge (Exhibiting the cost of pc is even getting affixed.) 8. Candidate would be to certainly county to the contingent costs, its An excellent/c Zero, term & branch of your own lender, this new cheque will be awarded. 9. Software is sent to help you AFGIS significantly less than a layer letter out-of the fresh new applicant’s product. 10. Indicate the new address that the brand new cheque is going to be sent because of the article certainly throughout the application. EMI Graph To have Computers Progress – 09% Toward Month-to-month Cutting Balance Months