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In how many installments can the loan be disbursed?

April 26, 2017disbursed installments loan

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In how many installments can the loan be disbursed?

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The loan can be disbursed in full or in suitable installments (normally not exceeding 3 months) taking into account the requirement of funds and progress of construction, as assessed by the bank.

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The loan can be either disbursed in full for outright-purchase / ready properties or in a few installments for under construction properties. The disbursement will be made taking into account the requirement of funds and the progress of construction.