Sentences with phrase «monthly instalments»
"Monthly instalments" refers to breaking down the total cost of something into smaller and more manageable payments that are made on a monthly basis, rather than paying for it all at once. Full definition
The 3 equal monthly instalment loans that we provide offer our customers flexibility to help them make the repayments on their scheduled collection dates.
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We offer clear and competitive pricing structures, including fixed fees and monthly instalment plans depending on the type of case and the legal support you require.
If you have a loan with the bank or building society, the full monthly instalment will usually be taken from your current account too.
The interest charges can be high, with no fixed monthly instalment to pay.
We offer clear and competitive pricing structures including fixed fees and monthly instalment plans depending on the type of case and legal support required.
Fixed monthly payout for a specific number of years — For example, Rs. 1 crore sum assured would be paid out in monthly instalments of Rs. 1 lakh over 100 months.
On death or terminal illness of the insured during the policy tenure, the Sum Assured is given in equated monthly instalments for such time which will be equal to the term of the plan chosen.
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.
Under the Family Income Benefit, 1 % of the remaining benefit is paid as equated monthly instalments over a period of 5 years.
With the right policy in place, monthly expenses, children's education costs, and monthly instalments on a property can be met.
Under the third option, 50 % of the Sum Assured is paid as lump sum immediately on death and the rest is paid in increasing monthly instalments increasing at a simple rate of 12 % per annum for 10 years.
You may be asked to sign a legally binding agreement to pay monthly instalments from your income to the official receiver for three years from the date of the agreement.
The Group has responded to a consultation proposal voicing concern that the post-Christmas deadline is untimely and that such a move will handicap those used to paying by monthly instalments.
Insurance companies may charge you interest if you opt for paying with monthly instalments rather than paying the whole lump upfront.
To Lower Monthly Charges: You can choose an extend payment term for this loan to reduce monthly instalments.
Those who choose an extension are low - income earners who would like to make monthly instalments more affordable.
EMI calculator helps you calculate monthly instalments for your personal loan.
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.
Reducing Monthly Rates: By spreading out a loan over a long time, you end up paying lower monthly instalments.
Since the loan is to be repaid through monthly instalments, one must carefully analyze the resources to determine whether it is feasible to regularly pay those instalments to be cautious and avoid any unwanted financial obligations.
But Christie's would be in close contact with public institutions and offer them «special payment terms» — in monthly instalments rather than in full after 30 days.
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:
Scenario 1 — Minimum Monthly Instalment Home Loan Amount — R500 000 Home Loan Term — 20 years Interest Rate — 9.5 % Monthly Repayment — R4 661 Total Repayment — R1 118 557
You can make the annual payment or you can choose to pay the premium using monthly instalments.
According to the report, male members of the party who desire to be Platinum members are to pay N500, 000 a year or N50, 000 monthly instalments while women are to pay half the amount.
Alternatively consumers can buy the Beagle online with a HUF 0 down - payment and 24 interest - free monthly instalments or at list price for HUF 17,928 (approx.
Telecom is also offering 24 monthly instalment option going at $ 29 per month.
To calculate the FOIR the lender takes into consideration all the other monthly instalments a borrower is paying including the home loan that he has applied for.
With an instalment loan your repayments would be staggered, and you'd pay back in small monthly instalments.
If you can afford your monthly mortgage payment, but have arrears, it is important to start paying your normal monthly instalment and come to an arrangement to clear the arrears.
A time order is useful if you have a secured debt with a high rate of interest, and large monthly instalments that you can not afford.
The customer has the option of paying the easy monthly instalments through cash, cheque or any kind.
EMIs can be repaid through paying instalments through ECS (Electronic Clearing System) which directly deducts monthly instalments from your account.
So by comparing the $ 2495 lump sum payment with $ 997 over 3 x monthly instalments the interest rate implied by the loan can be found.
An order by a County Court directing a debtor to pay a specified monthly instalment into Court in respect of outstanding debts.
A percentage of the sum assured is paid in monthly instalments regularly from the first month of the occurrence of death.
The payment will be equal to the annual instalment amount divided by 12 and marked up by 2.5 %, with the first monthly instalment paid at the end of 12th year (for a 11 - year term) or 16th year (for a 15 - year term).
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.
But the sum assured is paid in monthly instalments under the monthly income plan.
If you're looking to get a phone on contract, remember that some UK catalogues let you buy now and pay later and make repayments in monthly instalments instead, meaning you can get a sim - only contract.
Consider these two scenarios, comparing the effect of paying the minimum monthly instalment vs paying an additional R500 per month
EMI stands for Equated Monthly Instalment.
The death benefit is paid in increasing monthly instalments for the entire term or 5 years whichever is later.
The death benefit is paid as monthly instalments over a period which depends on the plan tenure chosen.