Immediately on freezing Sample Clauses

Immediately on freezing the Listing, RupeeCircle shall liaison between the Lender and the borrower to execute the necessary documents that are required to enable the transaction. After completing the legal formalities / documentation between the Xxxxxx and the borrower, the Lender shall transfer funds through any of the following modes from his bank account via NEFT, RTGS or any other mode of payment as may be specified to the RupeeCircle Escrow account / nodal bank account. The Lender may pre-fund the RupeeCircle Escrow account / nodal bank account. Funds in the said RupeeCircle Escrow account / nodal bank account are non-interest bearing. The loan proceeds shall be disbursed by RupeeCircle within a period of 5-15 working days into the borrower’s bank account.
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Related to Immediately on freezing

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