If the customer does not deposit the installment by the given last date then a penalty of 0.5% of the installment amount will be applicable per day. If the customer does not deposit the installment for three consecutive months then his membership will be cancelled, however the membership will be restarted. For that, the customer will have to report the problem in writing to the office and deposit the prescribed penalty.

In case of death of the customer in an accident, all his installments will be waived whatever the time of installments was fixed (for example 40 to 60 months) at that time the registry will be done by the company in the name of the nominee registered by the customer, Whose The terms and conditions are as follows:-

• 1. The age of the customer should not exceed 45 years at the time of purchasing the plot.


• 2. This insurance policy will be applicable only if at least. 3 installments of the plot are deposited continuously, which installment amount should be deposited on or before the due date.


• 3. If the customer does not deposit the installments for 3 months continuously, then it will be policy canceled automatically. To get this policy restarted, the customer will have to deposit the installments of 3 months continuously and a fee of Rs.500 will have to be deposited.


• 4. All the expenses of the registry will be borne by the customer.


• 5. In case the nominee is a minor, the registry will be done in the name of his/her mother/father.