Making loan repayments. 8.1 The repayment date for all borrowers is on 7th of every month. In case of a holiday, EMI will be collected on the next working day. XXXXXX POCKET collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lenders share of the amount (calculated on pro rata basis) is then transferred to their account.
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Samples: Borrower Registration Agreement, Borrower Registration Agreement
Making loan repayments. 8.1 The repayment date for all borrowers is on 7th of every month. In case of a holiday, EMI will be collected on the next working day. XXXXXX POCKET BBN XXXXX LIMITED collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lenders share of the amount (calculated on pro rata basis) is then transferred to their account.
Appears in 1 contract
Samples: Borrower Registration Agreement
Making loan repayments. 8.1 The repayment date for all borrowers is on 7th of every month. In case of a holiday, EMI will be collected on the next working day. XXXXXX POCKET AATMANIRBHARLOAN collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lenders share of the amount (calculated on pro rata basis) is then transferred to their account.
Appears in 1 contract
Samples: Borrower Registration Agreement
Making loan repayments. 8.1 The repayment date for all borrowers is on 7th of every month. In case of a holiday, EMI will be collected on the next working day. XXXXXX POCKET Sudha Pocket collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lenders share of the amount (calculated on pro rata basis) is then transferred to their account.
Appears in 1 contract
Samples: Borrower Registration Agreement