Monthly Instalment Amount definition

Monthly Instalment Amount means the monthly instalment payable by the Borrower to NBF as set out in this Application and as varied following any subsequent drawdown;
Monthly Instalment Amount means, in respect of a 100% Personal Loan Guarantee Scheme, an amount specified as the monthly instalment payment in the repayment schedule attached to a 100% Personal Loan Guarantee Scheme Confirmation.
Monthly Instalment Amount means, in respect of an Instalment Loan, an amount specified as the monthly instalment payment in the repayment schedule attached to an Instalment Loan Confirmation.

Examples of Monthly Instalment Amount in a sentence

  • Upon receipt of your payment of a Monthly Instalment Amount, your reduced Credit Limit may, at our discretion, be increased by such amount corresponding to the amount paid pursuant to such Monthly Instalment Amount.

  • Each subsequent Monthly Instalment Amount will be debited on or about the same day in each following month, until the Aggregate Monthly Instalments have been completely debited to the Card Account.

  • The first Monthly Instalment Amount shall be charged to and debited from the Card Account when the Cash-on-Instalment Facility is approved.

  • The first Monthly Instalment Amount shall be debited from the Card Account when the Card Instalment Loan Facility is approved.

  • Upon your payment of a Monthly Instalment Amount, your reduced Credit Limit may, at our discretion, be increased by such amount corresponding to the amount paid pursuant to such Monthly Instalment Amount.

  • Upon receipt of your payment of a Monthly Instalment Amount, your reduced Credit Limit may, at our discretion, be increased by such amount corresponding to the Monthly Instalment Amount.

  • If the Repayment Date falls on a Sunday or a public holiday, the Applicant agrees that FUNDI may deduct the Total Monthly Instalment Amount from the Applicant’s salary or debit the Applicant’s bank account on the immediately preceding business day.

  • The Applicant agrees to advise FUNDI, in writing, of any changes to the Applicant’s salary date, bank account details or the date on which there are enough funds in the Applicant’s bank account to cover the Total Monthly Instalment Amount, within 2 (two) days of such change.

  • Upon your payment of a Monthly Instalment Amount, your reduced Credit Limit may, at our discretion, be increased by such amount corresponding to the Monthly Instalment Amount.

  • Overall Type of Loan Principal Amount Effective Annual Interest Rate (Cost of Credit) Loan Term Fees capitalized upfront and added to the loan balance Origination Fee Fees to be paid monthly Administration Fee Collection Fee Insurance Insurance Premium (Payable Each Month) Repayment Details Monthly Instalment Amount (Including Insurance) Number of Instalments over Loan Term First Instalment Date Total Repayable USE OF LOAN PROCEEDS Loan Amount TrustGro’ Loans to be refinanced.