Mortgage is not admissible having AFGIS -Personal computer Financing APPLICA TION For the Suggestions (a) Payment out of loan availed for personal Computer system purchased prior to
step one step 1. (b) Re-employed people. (c) Purchase of second hand Computer. (d) Whenever Pc get better is a great away from Govt. (e) Airmen that have lower than two years of solution and officials whoever commission isn’t verified (six months). (f) NCs(E) with below 10 yrs. off solution or with other AFGIS financing. (g) Non-person in Current Plan out-of AFGIS. (h) Airmen that have lower than five years services & have previously availed various other mortgage from AFGIS. 2. Improvement off established loan to buy off Computer is additionally admissible after. 2nd mortgage is admissible immediately after cleaning very first loan. step 3. At this time attract energized pa to the monthly resting base that’s floating speed. Repaying capability would-be deductions towards the the membership on the pay and allowances of the member for instance the EMI towards loan approved isn’t so you can meet or exceed 80% of emoluments. cuatro. Since loan try sanctioned zero changes in roentgen/o identity, quantity of loan, Financial information otherwise amount of instalments could be entertained 5. Full reimburse can be produced in advance of twentieth away from thirty days having the main balance circular off to 2nd rupee. six. Dollars receipt regarding Team/Business proving the fresh new create, model and you can costs no of one’s Computers etcetera, issued about label off Candidate is usually to be submitted to AFGIS because of the debtor with in one month throughout the time of dilemma of cheque properly attested. eight. A member who requests a pc regarding loan regarding AFGIS is not permitted to sell it just before liquidating the borrowed funds. 8. Solution of every of your recommended fine print commonly promote brand new borrower accountable for reimburse out of outstanding financing with demand for you to definitely lumpsum nine. Read More