CERSAI definition
Examples of CERSAI in a sentence
CERSAI Charges As per charges levied by ▇▇▇▇▇▇ and paid by WEHFL for registrations.
Further, the charge created by Issuer shall be registered with Sub-registrar, Registrar of Companies, CERSAI, Depository etc., as applicable, within 30 days of creation of such charge.
Rs. 50/- + GST (for loans>5 Lacs) or as per the changes levied by CERSAI CUSTOMER SERVICE CHARGES CERSAI: At the time of Modification of Charge (In case of Top Up) Rs. 100/- + GST (for loans>5 Lacs) and.
Initial Processing Charges Rs. + GST (non-refundable) Processing Charges 2-4% + GST (as per sanction condition) to be collected before disbursement or deducted from the disbursement Non Postal Stamp / Stamp Duty As applicable law of the slate Non-encumbrance Certificate / Search Report As per actual Valuation/Technical Fee As per actual CERSAI: At the time of Disbursement : Creation of Charge Rs. 100/- + GST (for loans>5 Lacs) and.
Rs. 50/- + GST (for loans>5 Lacs) or as per the changes levied by CERSAI Prepayment Charges Part- Prepayment / Foreclosure of Home Loan on Variable/ Floating rate of Interest : No prepayment Charges: Part- Prepayment / Foreclosure of Home Loan on Fixed rate of interest: No Prepayment charges, if loan is foreclosed through own sourceHowever if the payment is made by borrowing from a bank/HFC/NBFC and/ or a Financial Institution, The prepayment Charges are as follows.
The Borrower(s)/Security Provider shall cause the charges created under the Loan Documents to be registered with the Registrar of Companies in accordance with the Companies Act, 2013 (if required) and rules framed thereunder, CERSAI or under such other applicable Law as may be applicable, within the prescribed time and furnish the certificate of registration to PNBHFL.
The Lender without any further notice or intimation to Borrower/Guarantor, can disclose and supply any information to RBI and/or any Agency/Authority appointed by RBI and/ or Central Registry of Securitization Asset Reconstruction and Security Interest of India (CERSAI) and/or Registrar of Companies (ROC), Information Utility (IU) etc.
Once the information is registered, customers will receive a 14-digit KYC Identification Number that can be used at any financial institution registered with CERSAI.
In the event of not creating charge within the stipulated time limits, the Lender may file the relevant Forms with ROC / CERSAI / Legal Entity Identifier and create a charge on the asset/s funded.
The government authorised the Central Registry of Securitisation Asset Reconstruction and Security Interest of India (CERSAI) to perform the functions of the CKYCR.