Scribd Logo
Upload

Welcome to Scribd!

  • 92 views

    Pensions Loan Certificates Online

    Uploaded by

    Narasimha Sastry
    This document summarizes the details of an advance provided to an individual, including the principal amount sanctioned, amounts recovered over time towards principal and interest, and calculations showing the diminishing balance on which interest is charged monthly. It includes tables showing the itemized drawdowns, recoveries, and monthly interest calculations on the outstanding balance from the date the advance was sanctioned to its full recovery. Formalities for the advance have been certified as fulfilled.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Pensions Loan Certificates Online

    Uploaded by

    Narasimha Sastry
    92 views3 pages
    This document summarizes the details of an advance provided to an individual, including the principal amount sanctioned, amounts recovered over time towards principal and interest, and calculations showing the diminishing balance on which interest is charged monthly. It includes tables showing the itemized drawdowns, recoveries, and monthly interest calculations on the outstanding balance from the date the advance was sanctioned to its full recovery. Formalities for the advance have been certified as fulfilled.

    Original Description:

    LOAN CERTIFICATE

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document summarizes the details of an advance provided to an individual, including the principal amount sanctioned, amounts recovered over time towards principal and interest, and calculations showing the diminishing balance on which interest is charged monthly. It includes tables showing the itemized drawdowns, recoveries, and monthly interest calculations on the outstanding balance from the date the advance was sanctioned to its full recovery. Formalities for the advance have been certified as fulfilled.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    92 views3 pages

    Pensions Loan Certificates Online

    Uploaded by

    Narasimha Sastry
    This document summarizes the details of an advance provided to an individual, including the principal amount sanctioned, amounts recovered over time towards principal and interest, and calculations showing the diminishing balance on which interest is charged monthly. It includes tables showing the itemized drawdowns, recoveries, and monthly interest calculations on the outstanding balance from the date the advance was sanctioned to its full recovery. Formalities for the advance have been certified as fulfilled.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 3

    STATEMENT SHOWING THE ADVANCE SANCTIONED AND RECOVERY PARTICULARS OF __________________ADVANCE IN RESPECT OF SRI ________________________ FOR THE PERIOD

    FROM __________ TO ____________.


    DEBIT DRAWAL PARTICULARS:

    Advance Sanctioned vide G.O. Rt. No.:____________ dt. _____________ for Rs.____________________. Proceeding No & Date (Copies to be enclosed) Instalment No. Amount of Instalment Date of Drawal Place of Drawal

    PRINCIPAL AND INTEREST RECOVERY PARTICULARS

    Principal amount recovered at the rate _________ from _________ to _________. Balance amount Rs. _________ recovered in __________. Interest amount of Rs. _____________ recovered from ________ to _________. Sl. Pay Bill for No. the Month Paid in the Month of Gross Amount of the Bill Net Amount of the Bill Amount Date of Place of Instalment Amount recovered encashment encashment Number recovered towards of the Bill of the Bill towards the Interest Principal Voucher No. / Cheque No. Service Major Head of the Dept

    TOTAL

    Signature of DDO with Seal DDOID:

    CERTIFICATE OF FULFILMENT OF FORMALITIES

    Certified

    that

    Sri/Smt/Kum

    _____________________,

    _______________

    of

    __________________ Department was sanctioned an amount of Rs. _____________ towards House Building /Motor Car / Motor Cycle / Personal Computer Advance vide GO/Proceeding No. ______________ of ____________ dated ___________ . He/she has fulfilled all the formalities as required under the GO/Proceedings.

    Note: Separate certificates to be submitted for each sanction of loan.

    Signature of Loan Sanctioning Authority Office Seal:

    STATEMENT SHOWING INTEREST CALCULATION ON DIMINISHING BALANCE METHOD Sl. No. Month Opening Balance Amount Monthly Total Closing drawn Recovery recovered Balance Remarks

    TOTAL

    Formula: Interest payable = Total of Closing Balance X Rate of Interest X 1/12

    Signature of DDO DDO ID & Seal

    You might also like