|
EDUCATIONAL
LOAN
|
|
New | (1) Original & Photocopy of your National Identity Card | (6) Original & Certified
copy of birth certificate of ward /
marriage certificate in case of the spouse (7) Particulars of the Course and letter of enrolment of student emanating from the institution |
| (2) Originals of recent payslips and original & photocopies of NID cards of your guarantors | |
| (3)Original if your latest payslip / pension slip | |
| (4) Photocopy of bank document showing bank account number and name of applicant | (8) Utility Bill (CEB or CWA or Mauritius Telecom) - not more than 3 months |
| (5) Certificate from your department stating that you are not under report nor on leave without pay. (valid for one week) | (9) Items (2) & (5) above are not applicable to pensioners. |
| Surname . .Mr/Mrs/Miss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Name: .. | Maiden Name | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dept/Ministry: .. |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Tel. No. (Office): .. Tel. No. (Home): ...... Mobile No.:............................. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Email Address : .................................................................................................................................................... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Post Held | Monthly Salary Rs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Loan Amount Rs | Refund Period . ...Months | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bank Name | Purpose of loan for myself/Ward . | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Bank Branch |
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Any outstanding loan balances with other institution: Rs ……………… | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Relationship with Guarantor(s)(if bearing same Surname) .. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Home Address ................ | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| I, the undersigned, hereby apply for an
educational loan of Rupees..………..…………..……………..………………..…
(Rs…….…….) from the above Association in
accordance with Articles 1 to 10 of the By-Laws of the Association
and Article 24 of the Articles of the Association and the conditions
of the Educational Loan Scheme, a copy of which is annexed and hereby
authorise the deduction of the monthly loan abatement from my salary/pension.
I am fully aware of the provisions applicable under the Data Protection Act. I consent that you use, update and process the data and keep the details given to you in a database. The purpose of data collection is to process the loan. It is mandatory to provide data, else MCSMAA Ltd will not process the loan. Once the application has been processed, all data will be destroyed as per legal requirements. I hereby authorize the Association to make necessary enquiry from the Mauritius Credit Information Bureau (MCIB) regarding any loan facilities previously granted to me by any financial institution in Mauritius and to provide the MCIB with relevant information on the present loan facilities. I agree/ do not agree to MCSMAA sending me an SMS regarding my loan account on my above mobile phone number. I solemnly affirm that the above mobile number submitted by me to the M.C.S.Mutual Aid Assn. Ltd (MCSMAA) is duly registered under my name with my mobile service provider. I undertake to compensate MCSMAA in the event it becomes liable to any third party as a result of this number being false or otherwise inexact. "I undertake to inform immediately in writing the MCS Mutual Aid Association in case of any changes in the personal data provided above." |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
…………………………… Signature of applicant |
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| 1.1 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
PART
1.3- OFFICE USE : REMARKS
|
| Reasons for abeyance:.................................................................... | Date.……/……./…….. |
| Action Taken: ............................................................................. | Signature: ................... |
2.0
|
PART 2 TO BE FILLED
IN AND SIGNED BY APPLICANT AND GUARANTORS
|
|
ACKNOWLEDGEMENT
: UNDERTAKING TO REFUND BY INSTALMENTS
|
|
I acknowledge having received from the Association the sum of Rupees………………………………………………….. as loan, subject to the conditions of my membership of the Association and its rules and By-laws. I, undertake to refund this loan by equal monthly and consecutive instalments of Rs………………….. in ………………. months by deduction from my salary, fees and allowance accruing to me without prejudice to refund being made otherwise and on being accepted by the Mauritius Civil Service Mutual Aid Association Ltd.; each such instalment shall be calculated as per the table of the Association and shall represent an instalment of the principal amount and of interest rate applicable and shall be paid not later than …………. The Association shall have the right, in its sole discretion and without prior notice, to change the rate of interest each time the Association's base lending rate (MBR) is altered or the margin over the MBR is altered. Consequently, the loan maturity date may be extended or reduced to take into account fluctuations in interest rate during the loan period. However, the monthly loan instalment will remain the same. I, undertake to pay all charges in connection with the loan including a premium, prior to granting of the loan. In case of any default in payment of any instalment at the due date, the entire balance of the loan together with any interest due shall become immediately due and demandable, at the option of the Association. I also undertake to refund any such loan balance, as may be required, together with any interest due in case of a Voluntary Retirement Scheme or early retirement and hereby authorise that the amount due be deducted from my gratuity, lump sum or any amount payable to me by my employer, Accountant General, SICOM Ltd or such other institutions responsible for payment of pension. I understand that on retirement I have the option to use part or whole of my retirement gratuity to make a part-payment on my loan balance so as to reduce the monthly deduction from my pension. No request for rescheduling of the loan balance will be entertained if I do not exercise the said option. I also give an unequivocal authorization to my employer to make salary deduction as requested by the Association.
2.1 As guarantors, we bind ourselves jointly and in solido with the Applicant and also renounce to our "benefice de discussion", to repay in full to the Mauritius Civil Service Mutual Aid Association Ltd, through salary deduction, any balance which may be due to the Association in respect of the loan and the interest theron, should the Applicant resign, or be dismissed from the service, or otherwise fail to repay the said loan in terms of this agreement. We also give an equivocal authorization to our employers to make salary deduction as requested by the Association.
*Please write in words and in your own handwriting in the spaces provided : “Read and approved: good for the sum of rupees…………”.
|
|||||||||||||||||||||||||||||