TIME NORMS FOR COMMON TRANSACTIONS Sample Clauses

TIME NORMS FOR COMMON TRANSACTIONS. The following norms are indicative standard time norms for various common transactions:- Sr. No. Transactions Time Norms 1 Loan Account Statement Within 3 working days 2 Photocopy of the title documents Within 5 working days 3 Foreclosure of Loan Within 5 working days 4 Return of Original document on closure of the loan Within 5 working days 5 No Objection Certificate Within 3 working days I. POLICY ON 'KNOW YOUR CUSTOMER' AND 'ANTI MONEY LAUNDERING MEASURES' HFCs are required to frame their own KYC & AML policy keeping in view the broad guidelines circulated by NHB in this regard, and implement the same after seeking the requisite Board approval. Accordingly, MAS Rural Housing & Mortgage Finance Limited (MRHMFL) has framed the following KYC & AML Policy.
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