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In how many instalments can the loan be disbursed?

April 26, 2017disbursed instalments loan

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In how many instalments can the loan be disbursed?

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The loan will be disbursed in full or in suitable instalments and on a disbursement request letter given by you and by time based schedule according to a builder’s agreement.

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The loan will be disbursed in full or in suitable instalments (normally not exceeding 3) taking into account the requirement of funds and progress of construction, as assessed by the housing finance company.