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Is there any Consequence on Paying Installments on Delay Dates?

April 26, 2017consequence dates delay installments paying

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Is there any Consequence on Paying Installments on Delay Dates?

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At present, Madinatul Ilm is not charging any penalty on delay of installment, however such delays are recorded in accounts properly. You will appreciate that to protect rights of plot holders making timely payments, delayed payment must be discouraged and must be financially balanced out.