Details of Disbursement. The Lender shall disburse the Loan in one lumpsum or in suitable installments having regard to the needs of the Borrower. The decision of the Lender in this regard shall be final, conclusive and binding on the Borrower. The Borrower shall acknowledge the receipt, in the form required by the Lender, of each amount so disbursed.
Details of Disbursement. The loan shall be disbursed in one lump sum or in suitable installments to be decided by Bank with reference to the need of the Borrower or progress of construction of the house (which decision shall be final and binding on the Borrower) The Borrower hereby acknowledges the receipt of first installment/entire amount of the loan disbursed as per the receipt herein below. The Bank may deduct from sums to be lent to the Borrower any monies then remaining due and payable by the Borrower to the Bank.
Details of Disbursement. The Loan shall be disbursed in one lump sum or in suitable installments to be decided by IHFL with reference to the need or progress of Construction (which decision shall be final and binding on the Borrower). The Borrower hereby acknowledges receipt of the loan disbursed as per request for disbursal submitted with IHFL. The Loan facility may be reappraised on legal, technical and financial terms during the continuity of Loan facility. Upon such reappraisal IHFL may hold, suspend, down size, cancel and/or recall disbursement of the Loan facility, at its own sole discretion.
Details of Disbursement. 4.1 The Lender shall disburse the Loan in one lump sum or in suitable installments / tranches as specified in Schedule I or as mutually decided between the Borrower and the Lender.
Details of Disbursement. The Loan shall be disbursed in one lump sum or in suitable instalments to be decided by the Bank with reference to the need or progress of construction (which decision shall be final and binding on the Borrower). The Borrower hereby acknowledges the receipt of the Loan disbursed as indicated in the Receipt herein below. The Loan shall bear fees, charges and costs including administrative fees, charges for dishonouring of repayment instructions, rescheduling fees, duplicate statement charges, cheque swapping charges, processing fee, application fee etc. as specified in the Schedule and/or Schedule of Charges, which the Borrower shall reimburse to Bank separately. Bank , may, in its sole discretion and with prior notice to the Borrower revise or introduce fresh fees, charges and costs as specified in the Schedule and/or the Schedule of Charges. Such revised fees, charges and costs shall be communicated in the Schedule of Charges available on Bank’s website, branches etc and shall be applicable from the effective date mentioned therein. Bank shall be entitled to debit all such amounts, charges and expenses to the Borrower’s Loan account, unless separately reimbursed to by the Borrower to Bank. Till the reimbursement or payment of these amounts to Bank, such amounts shall form part of the Loan. Any residual unpaid delinquency charges/late payment fees along with applicable interest thereon or any other costs like repossession costs etc may be collected by Bank at the maturity of the Loan. All charges paid/ payable by the Borrower to Bank are non-refundable and the Borrower hereby undertakes not to claim refund or adjustment or set off of any charges paid by him from Bank under any circumstances whatsoever. The Borrower shall be responsible to bear and pay the stamp duty as well as all other statutory charges arising on account of the Loan including stamp duty and registration charges on this Agreement, on the document(s) creating any security in favour of Bank as well as on all other instruments executed in relation to the Loan. The Borrower undertakes to pay, forthwith on demand to Bank all costs and expenses (including legal costs) on a full indemnity basis incurred and/or to be incurred by Bank for investigation of title to the Property offered as security and for the preparation, execution, preservation, performance, enforcement and realisation of the Loan.
Details of Disbursement. The Borrower shall indicate the manner of disbursement of Loan by the Lender, as desired by him, However, the Lender shall have the sole discretion to determine the manner of disbursement, which shall be deemed to be the disbursement to the Borrower as contemplated under this Agreement In the case of purchase of new Assets, the Loan amount may, at the option of the Lender, be disbursed by the Lender directly to the Dealer / Manufacturer and disbursement shall be deemed to be disbursement to the Borrower. In case of purchase of used Assets, the Lender shall determine the manner of the disbursement; i.e., either to the owner / seller of the Asset or to the Dealer or to the Borrower and such disbursement shall be deemed to be the disbursement to the Borrower as contemplated under this Agreement.
Details of Disbursement. The Loan shall be disbursed in one lumpsum or in suitable instalments to be decided byAUSFB with reference to the need or progress of construction (which decision shall be final and binding on the Borrower). The Borrower hereby acknowledges the receipt of the Loan disbursed as indicated in the Receipt herein below.
Details of Disbursement. The Loan shall be disbursed in one lump sum or in suitable instalments to be decided by BANDHAN BANK with reference to the need or progress of construction /purchase of the property. BANDHAN BANK’s decision in this regard shall be final and binding on the Borrower. The Borrower hereby acknowledges the receipt of the Loan disbursed as per details given in the Schedule.
Details of Disbursement. Rs. (Rupees only) by cheque No./D.D. No. dated drawn on Article 5.2, 5.3 Amorsation
Details of Disbursement. (h) The disbursement will be done in one tranche in the loan account of the Borrowers with flexibility to withdraw and prepay the loan amount at any point of time during continuity of the loan facility, subject to the terms and conditions enumerated in the loan agreement.
