Question

Which statement is incorrect about installment facility
of arrears
(A) RDs are empowered to grant installment facilities for
payment of arrears.
(B) Installment should not exceed 36
(C) Interest and damages is waived where installment is
granted
(D) Installment facility is automatically cancelled if current
monthly contributions are not paid

Answer 1

c. Interest and damages is waived where installment is granted