Loan is not admissible to own AFGIS -Desktop computer Loan APPLICA TION To suit your Pointers (a) Installment of mortgage availed private Desktop ordered before

step 1 step one. (b) Re-operating individuals. (c) Purchase of second hand Pc. (d) Whenever Personal computer improve try a good away from Govt. (e) Airmen that lower than 24 months from services and you may officials whose commission isn’t verified (6 months). (f) NCs(E) with less than 10 yrs. from service otherwise along with other AFGIS mortgage. (g) Non-member of Newest System out-of AFGIS. (h) Airmen having below 5 years service & have availed some other loan off AFGIS. 2. Improvement out of current financing for purchase out of Personal computer is also admissible shortly after. Next loan are admissible after cleaning basic loan. step three. Currently appeal charged pa to the monthly sleep basis which is floating price. Repaying potential might be deductions for the every membership about pay and allowances of the member for instance the EMI for the financing approved is not to exceed 80% of your own emoluments. cuatro. As the financing is actually approved no alterations in roentgen/o term, quantity of financing, Financial info or number of instalments would-be captivated 5. Complete refund can be produced in advance of twentieth of 30 days getting the primary balance game out to 2nd rupee. six. Bucks acknowledgment throughout the Organization/Organization demonstrating this new create, design and you can costs zero of the Computer etcetera, given from the identity out-of Candidate is usually to be submitted to AFGIS from the debtor with in 30 days throughout the day off dilemma of cheque properly attested. 7. A part who requests some type of computer out-of financing out-of AFGIS isn’t allowed to sell before liquidating the borrowed funds. 8. Solution of any of your prescribed small print will offer the newest borrower accountable for refund out of a great loan which have demand for that lumpsum 9. Cheque with the amount borrowed produced in rather have Hallettsville payday loans paydayloantexas.net of the individual and will also be despatched into the Applicant’s device address merely. 10. Participants which have two or more discipline records (Red/ Black) whenever eight decades have not lapsed out-of history entry, will never be entitled to loan about Area. This will maybe not is records obtain during abinitio education. eleven. Processing commission Rs.200/- (low refundable) could be subtracted from the sactioned amount borrowed. a dozen. EMI owing to IRLA of the person often commence from pay of next month in which cheque is awarded alongwith fractional attract regarding time regarding issue of cheque to finish of these day. 13. Financing request in respect ones who possess availed Final detachment was sensed towards the merit while the count often accordingly get limited.

Volunteer partial / lumpsum refund away from loan a great at any given time try permissible although not over and over again

step three Instructions To have Filling 1. The application form will be occupied during the unmarried backup after guaranteeing eligibility from loan depending on laws. 2. Cross-out words which are not appropriate. No line is usually to be remaining empty. Partial software could be refuted in toto. step three. The applying is required to end up being countersigned of the AOC/Stn Cdr. In respect out-of Officer/airmen published in order to Heavens Head office, the application form is needed to feel countersigned because of the the respective Prominent Movie director. cuatro. Zero layer off application will be detached. 5. Agreement setting mounted on the application form could be filled during the all the admiration and you can finalized of the candidate towards the bottom out of the brand new page duly experienced by the a couple individuals. six. Time and you may amount isn’t becoming written in Contract setting and you may Contingent Costs. (According to Paying capability, the total amount accepted could well be filled by the AFGIS). 7. (a) Current pay sneak in””0riginal (F-1517 to possess Administrator / F-1523 having Airmen) will be connected alongwith the application form. (b) Proforma Invoice (Indicating the cost of desktop computer is even are connected.) 8. Candidate will be to certainly state to the contingent bill, the A great/c No, term & branch of lender, brand new cheque is usually to be given. nine. Application is sent in order to AFGIS lower than a covering letter out-of new applicant’s device. ten. Indicate the fresh new address that the latest cheque is to be sent of the post demonstrably regarding the software. EMI Graph Getting Pc Advance – 09% Toward Month-to-month Reducing Balance Days