Common use of MONTHLY RE-PAYMENTS Clause in Contracts

MONTHLY RE-PAYMENTS. 8.1. The repayment date for all borrowers is on 5th of every month. In case of a holiday, EMI will be collected on the next working day. Sudha Pocket collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lender’s share of the amount (calculated on pro rata basis) is then transferred to their account.

Appears in 1 contract

Samples: Lender Registration Agreement

AutoNDA by SimpleDocs

MONTHLY RE-PAYMENTS. 8.1. The repayment date for all borrowers is on 5th of every month. In case of a holiday, EMI will be collected on the next working day. Sudha Pocket AATMANIRBHAR LOAN collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lender’s share of the amount (calculated on pro rata basis) is then transferred to their account.

Appears in 1 contract

Samples: Lender Registration Agreement

MONTHLY RE-PAYMENTS. 8.1. The repayment date for all borrowers is on 5th of every month. In case of a holiday, EMI will be collected on the next working day. Sudha Pocket BBN POCKET collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lender’s share of the amount (calculated on pro rata basis) is then transferred to their account.

Appears in 1 contract

Samples: Lender Registration Agreement

MONTHLY RE-PAYMENTS. 8.1. The repayment date for all borrowers is on 5th of every month. In case of a holiday, EMI will be collected on the next working day. Sudha Pocket XXXXX XXXXX POCKET collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lender’s share of the amount (calculated on pro rata basis) is then transferred to their account.

Appears in 1 contract

Samples: Lender Registration Agreement

AutoNDA by SimpleDocs

MONTHLY RE-PAYMENTS. 8.1. The repayment date for all borrowers is on 5th of every month. In case of a holiday, EMI will be collected on the next working day. Sudha Pocket PRIYA FINANCE collects post-dated cheques for the EMI amount from the borrowers for the total repayment amount at the time of loan disbursement. Lender’s share of the amount (calculated on pro rata basis) is then transferred to their account.

Appears in 1 contract

Samples: Lender Registration Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.