i) With effect from April 1, 2018 all routine communications will be sent as listed below.
ii) Please note that all unsettled loans will be taken up for auction after maturity.
iii) Please inform the branch in writing about any change in address or telephone number along with supporting documents and insist on an acknowledgment
| Contents of communication | Mode and Period | Charges | Remarks |
|---|---|---|---|
| Due Date Intimation | SMS and E-mail 5 days before due date | NIL | Will be sent to each customers |
| Repossession intimation | Letter after Repossession | Rs.100/- | Will be sent to all unsettled accounts after Reposession |
| Demand / Auction notice with date | Registered letter | Rs.100/- | Will be sent to all unsettled accounts after Valuation of Asset. |