Loan Tenure definition

Loan Tenure means the period for which loan amount is availed for and shall not include the days for which the initial interest amount will be billed.
Loan Tenure means the Tenure of the Loan as specified in Schedule II. 'Monthly Instalments' or 'Equated Monthly Instalments (EMIs)' means the amount payable every month by the Borrower to the Lender comprising of the interest, or as the case may be, principal amount of the Loan and/or interest; 'NEFT' means the National Electronic Fund Transfer in terms of the regulations and directions issued by RBI or any regulatory or statutory body; 'Outstanding Dues' means, at any time, all the amounts outstanding and payable or obligations to be performed by the Borrower to the Lender, pursuant to the terms of this Agreement and/or any other Loan Documents, including but not limited to the following:
Loan Tenure means the Tenure of the Loan as specified in Schedule II. 'Monthly Instalments' or 'Equated Monthly Instalments (EMIs)' means the amount payable every month by the Borrower to the Lender comprising of the interest, or as the case may be, principal amount of the Loan and/or interest; 'NEFT' means the National Electronic Fund Transfer in terms of the regulations and directions issued by RBI or any regulatory or statutory body; ‘NHB’ shall mean the entity formed under the National Housing Bank Act, 1987 for the purpose of promoting Housing Finance Institutions. 'Outstanding Dues' means, at any time, all the amounts outstanding and payable or obligations to be performed by the Borrower to the Lender, pursuant to the terms of this Agreement and/or any other Loan Documents, including but not limited to the following:

Examples of Loan Tenure in a sentence

  • Based on the part Pre -Payment made by the Borrower, as stated herein, either the Loan Tenure shall be reduced to the extent of the part Pre-Payment made or the Monthly Instalment amount shall be reduced by maintaining the Loan Tenure with the mutual written consent of the Parties.

  • Each subject served only one specific role in the negotiations (either the employer (Britain) role or the job candidate (Zimbabwe) one).Each simulation was divided into two parts: (i) using one of the training method described above, and (ii) negotiating against the standardized agent.

  • During the entire Loan Tenure [including principal payment standstill period (in the duration of which the Borrower does not have to service the principal component), if any], receivables from the sale of the Flats/Units in the Project, which are hypothecated with BHFL, will be deposited with BHFL vide the Escrow mechanism as agreed between BHFL and the Borrower and as detailed in the Loan Agreement and the Escrow Agreement.

  • Thus, the null hypothesis that Loan Tenure has no significance effect on the level of NPLs was rejected.

  • An early repayment fee of 1% on the outstanding MoneyPlus Term Loan amount or S$100, whichever is higher, is applicable if the MoneyPlus Term Loan is terminated or if the Customer makes early repayment of the MoneyPlus Term Loan before expiry of the MoneyPlus Term Loan Tenure.

  • At the time of applying for the loan, you may specifically opt for life insurance under Group Life Insurance Scheme for selected customers for a period equivalent to your Loan Tenure mentioned in the Loan Summary.

  • Predictors: (Constant), Interest rate Interest, Loan Tenure, Debt equity ratio, Interest Coverage RatioFrom table 7, it was found that the overall model was statistically significant at F statistic 38.244 at 5% significance level with P-value 0.001<0.05.

  • Facility Detail A Facility Type Overdraft Amount Purpose of Loan Tenure of Loan Availability Period 12 months from the Date of Sanction of the Credit facility in case of Overdraft and/or Approved Tenor for Term Loan, Drop Line OD (DLOD) Rate of Interest* (Interest rate are linked to GSBLR.

  • The Lender may during the Loan Tenure and at its sole discretion, with or without any prior notice to the Borrower, amend / revise any of the terms and conditions contained in the Agreement including the repayment schedule, Interest Rate and/or any other fee or charge such as Penal Interest, processing fees, annual maintenance charges, Bounce Charges, Outstation Collection Charges, PDC Swap Charges, Pre-payment Charges, activation fee, Flexi Fee, service charges, other charges etc.

  • It fails to be either arcwise or pathwise connected because no point of A can lie in an arc or path containing a point of B.


More Definitions of Loan Tenure

Loan Tenure means the tenure of the Loan as specified in Schedule II;

Related to Loan Tenure

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.