AFGIS -Pc Mortgage APPLICA TION For the Pointers

Loan isn’t admissible having AFGIS -Pc Loan APPLICA TION To suit your Suggestions (a) Cost of mortgage availed private Pc ordered earlier

step one step one. (b) Re-functioning people. (c) Purchase of second-hand Computer. (d) Whenever Pc advance is actually a great off Govt. (e) Airmen with less than a couple of years away from services and you may officers whoever percentage isn’t confirmed (6 months). (f) NCs(E) who have lower than ten yrs. of service otherwise along with other AFGIS loan. (g) Non-person in Newest Design out-of AFGIS. (h) Airmen that have lower than 5 years solution & have already availed almost every other financing from AFGIS. dos. Improvement out of established loan for purchase from Pc is even admissible shortly after. Next mortgage was admissible once clearing earliest financing. step three. Presently desire energized pa towards the monthly asleep base that is floating rate. Paying capacity could be deductions into the every account throughout the pay and you may allowances of one’s user including the EMI toward loan approved is not to help you exceed 80% of your own emoluments. cuatro. Once the loan are approved no changes in r/o name, level of loan, Financial info otherwise number of instalments could well be entertained 5. Complete refund can be produced in advance of 20th off 30 days to have the principal balance round out over second rupee. six. Bucks receipt on Company/Corporation proving the create, design and you may expenses zero of your own Computer system etcetera, granted regarding name of Candidate is going to be submitted to AFGIS by the debtor within one month on the time away from issue of cheque duly attested. 7. A member whom instructions a pc from financing off AFGIS is not allowed to sell prior to liquidating the borrowed funds. 8. Solution of every of recommended small print have a tendency to render the new borrower liable for refund regarding outstanding financing with need for you to lumpsum 9. Cheque toward loan amount produced in go for of the individual and you will be despatched toward Applicant’s device target simply. ten. Users with two or more abuse records (Red/ Black) whenever eight http://paydayloangeorgia.org/cities/perry/ many years haven’t lapsed from history entryway, will not be entitled to financing from the Society. This may perhaps not tend to be entries obtain during abinitio studies. 11. Operating fee Rs.200/- (non refundable) could be subtracted from the sactioned amount borrowed. twelve. EMI through IRLA of the person usually initiate away from pay away from the following month where cheque are issued alongwith fractional interest on the day of issue of cheque to end of these month. 13. Mortgage request in respect of those with availed Latest detachment would be believed toward quality together with amount commonly consequently score restricted.

Voluntary limited / lumpsum refund out-of mortgage the each time is permissible not over and over again

step three Advice To own Completing step 1. The program will be occupied inside solitary backup once making certain eligibility away from loan according to code. 2. Cross out words which aren’t applicable. No line will be left empty. Incomplete application could be declined inside toto. step 3. The applying is required to be countersigned by the AOC/Stn Cdr. According out of Manager/airmen printed so you’re able to Heavens Hq, the program must be countersigned by their respective Prominent Director. 4. No piece of form is to be isolated. 5. Contract form attached to the program can also be occupied inside all admiration and you can signed from the candidate towards the bottom off the fresh new webpage properly saw by a couple of individuals. six. Time and you will amount is not is printed in Contract form and you may Contingent Bill. (Predicated on Paying off capabilities, the total amount accepted is filled from the AFGIS). seven. (a) Latest spend sneak in””0riginal (F-1517 having Administrator / F-1523 to have Airmen) is to be affixed alongwith the application form. (b) Proforma Charge (Exhibiting the price of desktop computer is additionally to get attached.) 8. Applicant would be to clearly county to the contingent expenses, their An excellent/c No, identity & part of your own financial, new cheque will be approved. 9. App would be forwarded to AFGIS not as much as a covering page of this new applicant’s device. 10. Imply new target to which the new cheque will be delivered from the post demonstrably in the software. EMI Graph Getting Computer system Improve – 09% To your Monthly Cutting Balance Months