In accordance with standard practice in all communities, it is essential to collect both interest and maintenance fees due from the residents. This method ensures that defaulters follow their obligations to pay both outstanding interest and ...
Simple Interest: This is the most recommended and widely used method where Late Payment Fees will have to levy for delayed payments. Option 1 - Simple Interest p.a (Considered Billing is Monthly / Quarterly/ Semi-Annually / Annually) a. Considering ...