Mortgage is not admissible to own AFGIS -Computer Mortgage APPLICA TION For your Pointers (a) Cost off financing availed for personal Desktop ordered before
step one step 1. (b) Re-employed individuals. (c) Purchase of second hand Computer. (d) Whenever Computer progress was outstanding away from Govt. (e) Airmen who’ve lower than a couple of years of provider and you will officials whoever payment is not verified (half a year). (f) NCs(E) who’ve less than ten yrs. regarding service or along with other AFGIS loan. (g) Non-member of Current Program from AFGIS. (h) Airmen that have below 5 years services & have previously availed virtually any financing out of AFGIS. dos. Enhancement of existing loan for purchase off Pc is even admissible once. 2nd mortgage is actually admissible just after clearing earliest loan. step 3. At this time focus recharged pa towards the monthly sleep basis that’s floating rate. Repaying capability would be deductions into all of the membership on pay and you will allowances of your own affiliate like the EMI towards the financing approved isn’t so you can exceed 80% of your own emoluments. 4. As the loan are approved no alterations in roentgen/o identity, amount of financing, Financial info otherwise quantity of instalments would be amused 5. Full reimburse can be produced before 20th of a month to possess the primary harmony circular out to second rupee. 6. Bucks receipt on Business/Organization proving the fresh make, model and you may costs no of Computers an such like, issued throughout the name regarding Applicant is going to be submitted to AFGIS by the borrower with in 30 days in the day regarding problem of cheque duly attested. 7. A member exactly who requests a personal computer from loan out of AFGIS is not allowed to sell it just before liquidating the borrowed funds. 8. Violation of any of the prescribed conditions and terms often render the brand new borrower liable for refund out-of a great loan that have demand for that lumpsum 9. Cheque towards loan amount made in rather have of the individual and will be despatched for the Applicant’s product target merely. ten. Members having a couple of discipline records (Red/ Black) assuming eight years have not lapsed of last entry, are not qualified to receive loan regarding Area. This can not tend to be records sustained during the abinitio degree. eleven. Running percentage Rs.200/- (low refundable) was deducted throughout the sactioned amount borrowed. several. EMI thanks to IRLA of the individual tend to initiate from spend of next month where cheque is approved alongwith fractional notice on the big date from issue of cheque to finish of the week. thirteen. Loan request according of those who possess availed Last withdrawal would-be thought toward quality while the amount often consequently score minimal.
Volunteer partial / lumpsum refund of loan outstanding each time is actually permissible however more often than once
step three Tips Getting Completing step one. The application form is to be filled when you look at the solitary copy shortly after making sure eligibility off mortgage as per signal. dos. Cross out terms and conditions which are not appropriate. Zero line will be kept blank. Incomplete app might be refused inside the toto. 3. The program is needed to become countersigned by the AOC/Stn Cdr. In respect out-of Officer/airmen printed to Heavens Hq, the application is required to end up being countersigned of the their particular Prominent Director. 4. Zero layer of form is going to be detached. 5. Contract mode mounted on the application form could be filled for the all of the respect and you can signed because of the applicant at the bottom away from the newest page duly experienced by two people. 6. Go out and you may count isn’t is written in Contract mode and you can Contingent Bill. (Predicated on Paying off potential, the amount approved could be occupied from the AFGIS). seven. (a) Latest shell out sneak Warrensburg payday loans in””0riginal (F-1517 for Manager / F-1523 to have Airmen) is to be connected alongwith the application form. (b) Proforma Charge (Showing the cost of desktop computer is even to-be affixed.) 8. Applicant should be to clearly county on contingent bill, the A beneficial/c No, term & branch of your own bank, this new cheque is going to be approved. 9. App shall be forwarded so you can AFGIS under a coating letter of brand new applicant’s equipment. ten. Imply brand new target that new cheque will be delivered of the blog post certainly in the software. EMI Graph To possess Computer Get better – 09% To the Monthly Cutting Balance Weeks
