Quick Description
1 step 1. Loan is not admissible to have AFGIS -Computer Loan APPLICA TION For the Advice (a) Repayment out of mortgage av.
Description
Financing isn’t admissible for (a) Installment from loan availed for personal Computer bought earlier. (b) Re-operating individuals. (c) Purchase of second hand Computer. (d) When Personal computer improve was outstanding regarding Govt. (e) Airmen who possess less than two years off services and you will officials whoever payment isn’t verified (6 months). (f) NCs(E) who have less than ten yrs. from provider or along with other AFGIS loan. (g) Non-member of Latest Plan off AFGIS. (h) Airmen that have less than 5 years solution & have previously availed some other mortgage out of AFGIS.
dos. Enhancement out of current loan to buy regarding Pc is even admissible once. Second financing was admissible after clearing very first mortgage. step 3. At this time notice recharged are % pa to your month-to-month resting basis that is drifting price. Paying off capabilities could be write-offs towards all account regarding shell out and you can allowances of affiliate for instance the EMI towards the financing sanctioned is not in order to exceed 80% of the emoluments. cuatro. Because financing try approved zero alterations in r/o term, number of financing, Bank info or amount of instalments might be amused 5. Voluntary partial / lumpsum reimburse away from financing a good at a time are permissible although not more often than once. Complete reimburse can be produced before twentieth of thirty days to have the principal harmony round out to next rupee. 6. Dollars receipt on the Business/Organization demonstrating this new build, design and you may expenses no of the Computer etcetera, approved regarding identity away from Applicant is going to be published to AFGIS by borrower within a month regarding date away from dilemma of cheque duly attested. seven. A part just who orders a pc of financing out of AFGIS is not permitted to sell ahead of liquidating the mortgage. 8. Ticket of any of your recommended terms and conditions will provide this new debtor responsible for refund regarding the financing which have demand for you to lumpsum nine. Cheque into the loan amount manufactured in rather have of the individual and will be despatched towards the Applicant’s product address only. 10. Members which have 2 or more discipline records (Red/ Black) and in case 7 ages haven’t lapsed off last entry, won’t be eligible for loan on the People. This can maybe not were entries obtain through the abinitio knowledge. eleven. Running percentage Rs.200/- (low refundable) would-be deducted regarding sactioned amount borrowed. twelve. EMI due to IRLA of the person often start regarding pay of the following month where cheque was issued alongwith fractional interest about date out of issue of cheque to get rid of of the week. 13. Loan demand in respect of those who’ve availed Latest withdrawal could be noticed into quality and the matter usually consequently score minimal.
Directions To own Answering step 1. The program is usually to be filled during the unmarried duplicate immediately after making certain eligibility out-of financing according to signal. dos. Cross-out terms and conditions that are not applicable. No line is going to be kept empty. Partial software was refused into the toto. 3. The application form is needed to be countersigned by the AOC/Stn Cdr. In respect of Officer/airmen published to help you Air Head office, the application must become countersigned by its particular Dominating Director. 4. No layer of form is to be detached. 5. Contract means attached with the application form can also be filled inside every value and you may closed because of the applicant towards the bottom out of new webpage duly seen from the several people. six. Time and you will count isn’t as written in Contract means and you may online payday VA Contingent Bill. (Centered on Repaying capabilities, the amount acknowledged could well be occupied by AFGIS). eight.
(a) Current pay slip in»»0riginal (F-1517 for Officer / F-1523 to have Airmen) is usually to be connected alongwith the program. (b) Proforma Invoice (Proving the price of pc is also to-be attached.)
8. Applicant is to try to clearly state with the contingent statement, the An effective/c No, identity & branch of one’s lender, new cheque is usually to be granted. nine. Software are going to be sent so you can AFGIS lower than a layer letter of the applicant’s product. 10. Imply the fresh new address to which new cheque is to be delivered by article certainly regarding the software. EMI Graph Having Desktop Improve – 09% On Monthly Cutting Harmony Months several