Committed for Timely Service!

Saturday 1 September 2018

Interest on defaulted charges Bye - Law 71

A Member shall be required to pay simple interest at twenty one percent per annum, or, at such lower rate as may be fixed by the General Body, on the outstanding dues to the Society, from the date the amount was due as prescribed under Bye-law no. 70(a), till full and final payment by the Member.

How interest is calculated in housing society for late payment?

Review of payment defaults cases of Society charges Bye - Law 70 | Incorporation of the Society Bye Law 72


Related Queries:

  • Interest calculation in housing society
  • Society maintenance interest calculater in excel format
  • Can houisng society waive off interest
  • Can society charge interest on repair fund
  • Interest on society maintenance
  • Simple interest calculater
  • Society Interest calculator
  • Society maintenance interest Calculator in Excel format
  • How interest is charged on society maintenance?
  • How do you calculate interest on maintenance charges?
  • What interest does society charge for late payments?
  • How do you calculate interest and capital?

No comments:

Post a Comment