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When is the security deposit eligible for refund in case of surrender?

April 26, 2017Case deposit eligible refund security surrender

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When is the security deposit eligible for refund in case of surrender?

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The interest free security deposit will be refunded to the TCM, when they express their intention to relinquish their membership rights after a cooling period of 6-12 months of surrendering the membership rights. The minimum lock in period for membership is three years.