Mortgage is not admissible to have AFGIS -Personal computer Mortgage APPLICA TION For your Information (a) Cost from financing availed private Computer purchased prior to
1 step 1. (b) Re-employed persons. (c) Purchase of used Desktop computer. (d) When Desktop computer advance was a fantastic off Govt. (e) Airmen who possess below two years away from service and you will officials whoever fee is not verified (half a year). (f) NCs(E) who have below 10 yrs. out-of solution otherwise along with other AFGIS financing. (g) Non-person in Latest Strategy off AFGIS. (h) Airmen with less than 5 years solution & have availed any kind of loan of AFGIS. 2. Enhancement off present loan to buy regarding Computer is additionally admissible after. Second loan is admissible just after clearing earliest mortgage. step 3. Currently desire recharged pa with the month-to-month asleep basis that is drifting rates. Settling capabilities will be deductions with the all the account regarding the pay and you will allowances of your own associate including the EMI into loan approved is not so you’re able to go beyond 80% of one’s emoluments. cuatro. While the mortgage is approved zero changes in r/o identity, quantity of financing, Financial details or amount of instalments would-be captivated 5. Complete reimburse can be produced in advance of twentieth away from a month to own the principal equilibrium game over to second rupee. six. Dollars bill from the Company/Company appearing the new generate, design and you can expenses zero of one’s Computers an such like, granted from the label from Candidate is to be submitted to AFGIS from the borrower with in a month on go out regarding problem of cheque duly attested. eight. A part who orders a personal computer regarding loan out-of AFGIS is not permitted to sell it prior to liquidating the mortgage. 8. Citation of any of your prescribed conditions and terms will render the fresh borrower liable for reimburse away from an excellent financing with interest in one to lumpsum nine. Cheque on loan amount built in favour of the individual and will be despatched into Applicant’s product address just. 10. Participants having 2 or more punishment records (Red/ Black) assuming seven age haven’t lapsed off history entry, may not be entitled to mortgage regarding the Neighborhood. This can maybe not is records incurred through the abinitio training. 11. Processing fee Rs.200/- (non refundable) might be subtracted about sactioned amount borrowed. a dozen. EMI compliment of IRLA of the individual usually initiate from shell out from next month where cheque is issued alongwith fractional notice regarding the big date regarding issue of cheque to get rid of of these week. 13. Mortgage request in respect of these that availed Latest withdrawal is considered to the quality therefore the number will accordingly get minimal.
Volunteer partial / lumpsum reimburse of loan a great each time try permissible although not more than once
step 3 Tips Having Filling step one. The program is to be filled into the single content immediately following making certain eligibility regarding mortgage according to code. dos. Cross-out conditions which aren’t appropriate. https://paydayloancolorado.com/cities/golden/ Zero column will be left empty. Unfinished app is refuted during the toto. step 3. The application must be countersigned of the AOC/Stn Cdr. In respect regarding Administrator/airmen released to Heavens Hq, the application form must getting countersigned by the particular Prominent Manager. 4. Zero piece off application form is to be detached. 5. Contract function attached to the program can certainly be occupied for the the respect and signed from the candidate at the end from the new web page duly observed because of the a couple of people. 6. Time and you will amount is not is printed in Contract function and you can Contingent Statement. (Based on Paying off strength, the amount recognized might be filled by the AFGIS). 7. (a) Newest shell out sneak in””0riginal (F-1517 to have Officer / F-1523 to have Airmen) is usually to be affixed alongwith the application form. (b) Proforma Invoice (Showing the price of pc is even as connected.) 8. Applicant is to try to clearly county on contingent bill, their A great/c Zero, title & branch of one’s financial, the brand new cheque will be approved. 9. App are forwarded so you can AFGIS under a layer page out of the applicant’s device. 10. Imply the fresh target that the cheque is usually to be sent of the article clearly on application. EMI Graph For Computer system Advance – 09% On Monthly Reducing Equilibrium Days
