Mortgage is not admissible to own AFGIS -Computer Mortgage APPLICA TION To suit your Pointers (a) Installment regarding mortgage availed private Computer system purchased prior to
step one step one. (b) Re-functioning people. (c) Purchase of second-hand Desktop computer. (d) Whenever Personal computer get better try an excellent out of Govt. (e) Airmen that lower than 24 months off provider and officials whoever fee isn’t confirmed (six months). (f) NCs(E) who have lower than ten yrs. regarding provider or together with other AFGIS financing. (g) Non-member of Newest Plan regarding AFGIS. (h) Airmen that have lower than five years services & have previously availed any mortgage of AFGIS. dos. Enhancement out of present loan to buy away from Pc is even admissible immediately after. Second loan was admissible immediately after clearing earliest financing. 3. At this time attract billed pa on the month-to-month sleeping base which is floating rates. Paying down capability could well be deductions on all account from the shell out and you can allowances of your own user such as the EMI on the financing sanctioned isn’t to meet or exceed 80% of emoluments. paydayloantexas.net payday loans Hico 4. Given that mortgage is actually approved zero alterations in r/o title, amount of mortgage, Bank information otherwise level of instalments might be amused 5. Full refund can be made just before 20th regarding 1 month getting the principal balance circular over to 2nd rupee. six. Dollars bill regarding Team/Organization demonstrating the latest generate, model and you may statement no of Computers etcetera, awarded on the title out-of Candidate will be published to AFGIS by debtor within one month on the day regarding problem of cheque properly attested. 7. An associate whom commands some type of computer regarding loan off AFGIS isn’t permitted to sell it before liquidating the borrowed funds. 8. Citation of every of your own given small print usually provide the fresh new borrower accountable for refund off an excellent loan having interest in one lumpsum 9. Cheque on loan amount made in rather have of the individual and also be despatched into Applicant’s equipment target only. ten. Members having 2 or more abuse entries (Red/ Black) of course, if eight many years haven’t lapsed regarding last entryway, will not be eligible for financing about People. This can maybe not were entries obtain while in the abinitio knowledge. eleven. Control fee Rs.200/- (low refundable) will be deducted in the sactioned amount borrowed. several. EMI due to IRLA of the individual commonly start out of pay out of the following month where cheque try awarded alongwith fractional focus throughout the date out of problem of cheque to finish of this few days. thirteen. Mortgage request in respect of these who’ve availed Final withdrawal could be experienced for the quality therefore the matter have a tendency to properly rating minimal.
Volunteer partial / lumpsum reimburse regarding mortgage the at a time is permissible but not more often than once
step three Instructions To own Filling up 1. The program is going to be occupied in the unmarried duplicate immediately following making certain qualifications away from financing as per rule. 2. Cross-out words that are not relevant. No column is to be remaining blank. Incomplete app will be rejected inside toto. step 3. The program is needed to become countersigned by AOC/Stn Cdr. In respect regarding Officer/airmen published so you’re able to Sky Head office, the application form must feel countersigned because of the their particular Prominent Director. cuatro. No piece regarding application form will be isolated. 5. Agreement form mounted on the application form can also be filled in the admiration and you can signed from the applicant at the bottom from brand new page duly experienced from the two individuals. six. Day and you may matter isn’t becoming printed in Arrangement setting and you will Contingent Bill. (According to Settling strength, extent accepted would be filled by the AFGIS). 7. (a) Latest pay sneak in””0riginal (F-1517 to have Administrator / F-1523 to have Airmen) is going to be attached alongwith the applying. (b) Proforma Charge (Showing the expense of pc is also to be affixed.) 8. Applicant is always to demonstrably state into the contingent expenses, their A beneficial/c No, name & department of one’s financial, brand new cheque is to be awarded. 9. Software is forwarded so you’re able to AFGIS below a coating letter away from new applicant’s equipment. ten. Indicate the newest target to which brand new cheque is to be sent by blog post certainly about software. EMI Chart To own Desktop Advance – 09% With the Month-to-month Cutting Equilibrium Months