3. The above amounts to be appropriated as under:
A) ADVOCATES AND VALUER’S FEES:
1) The cheque / Banker's cheque for recovery of advocate’s and value’s fees will
be appropriated if the property documents are sent for search / valuation
whether loan is sanctioned or rejected.
2) If search / valuation is not done and loan request is rejected , the money
received will be refunded for the items, which are not done.
B) DEPOSIT:
*Since you propose to avail a loan for studies abroad, you should deposit a sum
Rs. 5000/- (BC NO.896147dt13/04/2016 for Rs.5000/-(Rupees Five Thousand
only-SB/AC NELLORE TOWN BRANCH) which will be adjusted against the
margin money / interest payable by you in respet of the loan. If you fail avail
Joan within in a period of four months of receipt of the sanction letter, you stand
to forfeit the amount and shall make no claim in the matter. “Applicable only for
studies aboard.
4. As the offer is subject to legal and technical clearances, you are requested to
contact RACPC, after accepting offer, in order to complete requisite pre-
disbursement formalities and expedite disbursement of the loan. Bank has the
right your loan application at any point of the time without assigning any specific
reason, in spite of issue of in-principle sanction letter. In case if the loan is rejected,
copy of the documents submitted by you would be retained by the Bank.
Your Faithfully,
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ASITORISED SIGNAtroRy SIGANTURE OF THE BORROWER (S)
G. JAYABABU
SSNo.
Town -1163
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