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NGIF/VCL/04

(IN CASE OF MOTOR CAR LOAN THE LETTER OF AUTHORISATION

IS TO BE MADE ON NON-JUDITIAL STAMP PAPER

OF APPROPRIATE VALUE AS APPLICABLE IN STATE)

LETTER OF AUTHORISATION TO NHQ(DNPF) FOR RECOVERY OF LOAN

1.

I personal No. _____________ Rank __________ Name ___________________ hereby authorise NGIF/ NAVPAY, in the event of my becoming Non effective in Indian Navy that for any reason, Retirement or Invalidment or mark run to pay Naval Group Insurance Fund on behalf, an amount equivalent to the Motor Car/Scooter/Personal Computer  advance outstanding in my loan account Fund and as intimated by NGIF/NAVPAY out of my DSOP/AFPP Fund account, encasement of leave, DCRG/ Terminal Benefit balance as and when such DSOP/AFPP Fund Account or IRLA is finalised or adjust against Survival Benefits/ NGIS benefits, as applicable.

2.

I, hereby certify that a fresh certificate will be rendered as and when a change in the particulars of Next of Kin takes place.

(Signature & designation of the Borrower)

Name ______________________________

Rank ________________ No. ____________

Witnesses :-

(Note: Witness who ever is signing the letter of authorisation,  should retire after the borrower)

1.

Signature ___________________________

     Name ______________________________

          Rank ________________ No. ____________  

          Address ____________________________________________

      __________________________________________________

     2.      Signature ___________________________

    Name ______________________________

    Rank ________________ No. ____________

    Address ____________________________________________

     ___________________________________________________

              I have no objection to what is stated above by my ______________

      (relation)

In case of Motor Car loan Affix photograph of NOK duly attested by CO.

Signature of Wife/NOK ______________

Name :  __________________________

Relation: _________________________

Age       : _________________________

Date      : _________________________

II

COUNTERSIGNED

Date _____________CO/Principal Director/HOD

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