Mortgage isn’t admissible to have AFGIS -Desktop computer Loan APPLICA TION For your Information (a) Installment out of mortgage availed private Computer system bought before
1 step 1. (b) Re-working people. (c) Purchase of second-hand Desktop computer. (d) When Pc advance try outstanding away from Govt. (e) Airmen who have lower than 2 years regarding provider and officials whoever percentage isn’t affirmed (6 months). (f) NCs(E) that lower than 10 yrs. out of solution otherwise with other AFGIS loan. (g) Non-person in Newest Plan out of AFGIS. (h) Airmen having lower than 5 years services & have already availed almost every other loan off AFGIS. dos. Enhancement of present loan to buy regarding Pc is even admissible once. Second mortgage try admissible once clearing earliest mortgage. step 3. Presently attention recharged pa into month-to-month asleep base which is drifting rates. Paying off capacity might possibly be deductions on the all the membership throughout the spend and you will allowances of member for instance the EMI towards financing sanctioned isn’t so you’re able paydayloanmaryland.org payday loans Westminster to go beyond 80% of the emoluments. 4. Because the financing is actually approved no changes in roentgen/o label, amount of mortgage, Bank info or number of instalments would-be entertained 5. Full refund can be made before twentieth out of thirty days to have the main harmony game off to 2nd rupee. 6. Cash receipt from the Organization/Agency showing the new create, model and you may costs no of the Computers an such like, given regarding title out of Candidate is to be submitted to AFGIS because of the borrower with in one month on date of dilemma of cheque properly attested. seven. A part exactly who instructions a personal computer off financing off AFGIS isn’t allowed to sell before liquidating the mortgage. 8. Citation of any of the recommended small print often bring the new debtor responsible for reimburse away from a great loan that have need for one lumpsum nine. Cheque toward loan amount made in favour of the person and also be despatched to the Applicant’s unit target simply. ten. Participants with several punishment entries (Red/ Black) if in case seven ages haven’t lapsed regarding past admission, won’t be eligible for mortgage throughout the People. This can perhaps not is records sustained throughout the abinitio education. 11. Handling commission Rs.200/- (low refundable) could well be deducted regarding sactioned amount borrowed. a dozen. EMI courtesy IRLA of the person will initiate away from spend off the following month where cheque try granted alongwith fractional appeal regarding the time away from problem of cheque to get rid of of the times. 13. Loan demand according of these who have availed Last detachment is believed towards the quality as well as the number will correctly score restricted.
Voluntary partial / lumpsum refund regarding financing a good at a time is permissible yet not more often than once
step 3 Advice Having Answering 1. The application form is usually to be occupied during the single duplicate once making sure qualifications out of loan as per rule. 2. Cross out conditions which aren’t applicable. No line is usually to be remaining blank. Incomplete software could well be denied for the toto. 3. The program must feel countersigned because of the AOC/Stn Cdr. In respect of Officer/airmen posted to Air Head office, the application form must become countersigned by their respective Dominating Director. cuatro. Zero sheet off application form is to be isolated. 5. Agreement function attached with the application form can be occupied in the the admiration and you will signed by the candidate at the end of this new webpage duly seen by the several persons. six. Time and you will number is not as printed in Arrangement mode and you may Contingent Bill. (Based on Settling capacity, the amount approved might possibly be filled from the AFGIS). 7. (a) Newest spend sneak in””0riginal (F-1517 for Officer / F-1523 getting Airmen) is going to be attached alongwith the applying. (b) Proforma Invoice (Exhibiting the expense of desktop computer is even to get attached.) 8. Applicant is to clearly county into contingent expenses, its A/c Zero, label & part of your lender, the new cheque is going to be provided. nine. Application shall be forwarded to AFGIS less than a level page away from the latest applicant’s equipment. 10. Indicate the newest target to which the latest cheque is going to be delivered of the article certainly on app. EMI Graph Having Computer system Improve – 09% For the Month-to-month Reducing Equilibrium Months