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  3. COLLECTION AMOUNT APPROPRIATION POLICY

COLLECTION AMOUNT APPROPRIATION POLICY

Any payment received (other than Foreclosure) would be appropriated in the following order of priority –

  • Installment
  • Bounce charges
  • Penal interest
  • Personal Loan
  • Business Loan
  • Loan Against Property
  • Two Wheeler Loan
  • Other Loans

Personal Loan

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