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I have read and understood the Rules under which advances are granted. I fully agree to abide by the terms and condition and failure on my part in any way to comply with these conditions would make me liable to be called upon to refund the full amount of advance in one lump together with interest.
I understand that no plea of hardship consequent on reversion to a lower rank or hardship consequent on as a cause for reduction in the amount of monthly installments originally fixed will be accepted.
I also give my consent for recovery of loan by NGIF to liquidate it fully out of my Terminal Benefits/Survival Benefit/ DCRG/DSOP/AFPP/Encashment of Leave, in case under any circumstances, loan remains outstanding against me prior to my retirement.
In case of appointment abroad, I shall make arrangements to regularly remit every month the recovery in favor of NGIF or refund entire amount in one lump sum, prior to proceeding abroad.
I hereby further certify that :
The particulars furnished by me above are correct.
I have/ have not drawn an advance any time before for purchase of a motor/ Car/ Scooter/ Personal Computer from Govt. /NGIF.
I am/ am not in possession of any vehicle (motor/ Car/ Scooter/ PC).
I am applying for motor/ Car/ Scooter/ Personal Computer advance for my personal use.
6.I will not seek premature retirement till such time the outstanding loan is liquidated. In case I seek premature retirement, I will pay back the entire outstanding amount, prior to requesting the premature retirement.
Date _____________ _____________________
(Signature of the Member)