Banking/Finance

Fee Structure

Letter of Continuity
Total : 8500/- INR


Letter of Continuity means the letter of continuity to be delivered by the Borrower to the Lender, in the form set out in Schedule 3 hereto pursuant to the terms of this Agreement as continuing security to the Lender for all Obligations or part thereof then due

A letter of continuity is a legal document which is signed by the borrower before the loan amount is disbursed to him.

It is an acknowledgement by the borrower that the balance loan amount would continue until it is completely paid off.