Sentences with phrase «equal monthly instalments»

The 3 equal monthly instalment loans that we provide offer our customers flexibility to help them make the repayments on their scheduled collection dates.

(c) The monies will be paid out to the plaintiff in equal monthly instalments in arrears on the 15th day of the following month, subject to any income earned by the plaintiff during each month;

Under the option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in equal monthly instalments for a period till which the policyholder's child attains 21 years of age.

The remaining 90 % is paid in equal monthly instalments over a period of 15 years post death.

The benefit will be paid in equal monthly instalments starting immediately from the next monthly anniversary following date of death or ATPD and will be payable for the number of months as mentioned in the table below.

Equal monthly instalments made it super convenient for us to repay the loan.

Secondly in case of disability due to accident and equivalent amount of the accidental benefit sum assured is paid to the insured in equal monthly instalments up to 10 years.

In case of accidental permanent disability arising due to accident (within 180 days from the date of accident), an amount equal to the Accident Benefit Sum Assured will be paid in equal monthly instalments spread over 10 years and future premiums for Accident Benefit Sum Assured as well as premiums for the portion of Basic Sum Assured which is equal to Accident Benefit Sum Assured under the policy, shall be waived.

Explained by example: Continuing above example, if Mr. Mahesh has opted for Income option (sum assured Rs 10 Lakhs), during his death, his family would get Rs 1 Lakh (10 % of the sum assured) and balance Rs 9 Lakhs would be paid for 15 years in equal monthly instalments of Rs 5,000 each.

This translates to S$ 1,283 of equal monthly instalments for the borrower.

This benefit shall be payable in equal monthly instalments starting from the next month of the death or ATPD and shall be paid for the following number of months:

In case an accident takes place and a permanent disability arises due to the accident (within 180 days from the date of accident), an amount which is equal to the Accident Benefit Sum Assured will be paid in equal monthly instalments over a period of 10 years.

As per the Family Income Benefit, 50 % of the benefit is paid in lump sum and 1 % of the benefit is paid in equal monthly instalments for 60 months

Repayments will take the form of 3 equal monthly instalments of # 151.42 over 3 months.

Under the second option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in equal monthly instalments @ 0.58 % of the Sum Assured for 10 years.

The annual amount will be paid in 12 equal monthly instalments of Rs. 41,667 each.

Under the Family Income Benefit, 60 % of the Guaranteed Death Benefit will be paid in equal monthly instalments for 60 months post death

The nominee can avail the entire death benefit in a lump sum amount or avail 50 % of the benefit in a lump sum and the rest 50 % in equal monthly instalments @ 0.42 % of the Guaranteed Death Benefit for 10 years post death.

In case of permanent disability, the sum assured will be paid in equal monthly instalments over 10 years.

c) Income Option: 10 % of Sum Assured is paid in case of death of the policy holder and balance is paid in equal monthly instalments for the next 15 years of time frame.