Mortgage is not admissible to have AFGIS -Computer Financing APPLICA TION For the Information (a) Payment regarding loan availed for personal Pc bought prior to

step one 1. (b) Re-employed persons. (c) Acquisition of second-hand Computer. (d) When Personal computer advance is actually the out of Govt. (e) Airmen who possess lower than couple of years from services and you can officers whoever payment isn’t affirmed (half a year). (f) NCs(E) that lower than 10 yrs. of service or together with other AFGIS loan. (g) Non-person in Newest Program of AFGIS. (h) Airmen which have less than 5 years services & have already availed every other loan away from AFGIS. dos. Improvement off established loan for purchase regarding Desktop computer is also admissible immediately after. 2nd mortgage try admissible once cleaning earliest loan. 3. Currently appeal billed pa toward monthly sleeping basis that’s drifting price. Settling capabilities will be deductions for the all membership from the shell out and allowances of one’s member including the EMI towards mortgage approved isn’t so you can meet or exceed 80% of your own emoluments. 4. Once the loan try sanctioned no alterations in r/o term, level of mortgage, Financial details or number of instalments might be entertained 5. Full refund can be made prior to twentieth regarding 1 month to possess the primary harmony round over to 2nd rupee. 6. Bucks receipt on the Company/Firm demonstrating this new make, design and bill no of one’s Computer etcetera, issued regarding the title of Candidate is to be published to AFGIS of the debtor with in one month throughout the date out-of problem of cheque duly attested. eight. A part whom sales a pc from loan from AFGIS isn’t allowed to sell ahead of liquidating the loan. 8. Ticket of every of the prescribed conditions and terms often bring the fresh debtor responsible for refund off a fantastic mortgage that have interest in one lumpsum 9. Cheque to your loan amount produced in rather have of the person and additionally be despatched towards the Applicant’s product target just. 10. Players which have two or payday loan company Powell TX more discipline records (Red/ Black) whenever 7 ages have not lapsed from history entryway, will not be eligible for loan regarding the Neighborhood. This will maybe not are records obtain during abinitio degree. eleven. Handling commission Rs.200/- (non refundable) could be deducted about sactioned amount borrowed. 12. EMI using IRLA of the individual often initiate off shell out out-of the following month in which cheque is actually given alongwith fractional focus throughout the day out-of dilemma of cheque to finish of this times. thirteen. Loan consult in respect ones who’ve availed Latest withdrawal is felt to the merit plus the count tend to appropriately score limited.

Voluntary limited / lumpsum refund out-of mortgage a great at any given time are permissible but not more often than once

step three Guidelines To own Filling step 1. The application is usually to be occupied into the single backup just after guaranteeing qualification away from mortgage depending on code. 2. Cross out terminology which are not appropriate. Zero column will be leftover empty. Unfinished software would be refuted inside toto. step 3. The application form is needed to become countersigned of the AOC/Stn Cdr. In respect from Manager/airmen posted so you’re able to Sky Head office, the program is required to feel countersigned from the its respective Dominating Movie director. 4. Zero layer away from application is going to be isolated. 5. Contract form connected to the program can also be filled in the most of the admiration and you can finalized by candidate towards the bottom out of the webpage properly saw by the two people. 6. Go out and you will matter isn’t are written in Agreement mode and Contingent Bill. (According to Settling potential, the amount acknowledged might be occupied of the AFGIS). seven. (a) Current spend sneak in””0riginal (F-1517 having Manager / F-1523 getting Airmen) is usually to be affixed alongwith the program. (b) Proforma Charge (Appearing the expense of personal computer is even becoming attached.) 8. Candidate is always to certainly condition into the contingent statement, the A good/c Zero, label & branch of one’s financial, brand new cheque is going to be granted. 9. App can be sent to help you AFGIS around a layer letter out of the fresh applicant’s device. ten. Imply the newest target to which the fresh cheque is to be sent because of the blog post certainly throughout the app. EMI Graph To have Desktop Advance – 09% Into Monthly Cutting Balance Days