From the blog post-dated cheque strategy, your house financing customers writes article-old cheques and you will give they out over the lending company
For every cheque is dated to have encashment getting a certain go out. Banks cash the fresh new cheques so they really get the EMI commission timely. It’s important to make sure the financial institution account off and this money would-be debited to fund home loan EMI need to have enough funds for debit to happen. In the event your cheque bounces or the automobile-debit will not go through, there will be a defer during the percentage which in turn causes punishment charges.
DATE: Août 6, 2024
AUTHOR: admin