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1 FORM 3 Rule 16(1) MONEYLENDERS ACT 2008 (ACT 31 OF 2008) FORM OF LOAN ACCOUNT BOOK Particulars of loan Particulars of borrower(s) Particulars of surety(IES) Loan account number: Name of borrower(s):
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How to fill out form 3 - loan

How to fill out form 3 - loan:
01
Start by entering your personal information in the designated fields. This includes your name, address, contact number, and email address.
02
Proceed to provide details about the loan you are applying for. Specify the loan amount, purpose of the loan, and any collateral you are providing, if applicable.
03
If you have a co-applicant or a guarantor for the loan, fill in their information as well. Include their name, contact details, and their relationship to you.
04
Next, disclose your employment details. Specify your current occupation, employer name, and contact information. You may also need to provide proof of income, such as recent pay stubs or bank statements.
05
Include information about your existing debts, if any. This may include credit card balances, outstanding loans, or mortgage payments. Provide accurate details regarding the outstanding amounts and payment terms.
06
Review all the information you have entered to ensure its accuracy. Make sure all fields are filled correctly, and there are no spelling or grammatical errors.
07
If required, sign and date the form to certify that the information provided is true and accurate to the best of your knowledge.
Who needs form 3 - loan?
01
Individuals who are seeking financial assistance for various purposes, such as purchasing a new house, car, or funding a business venture, may need form 3 - loan.
02
This form is typically required by banks, financial institutions, or lending agencies when applying for a loan.
03
Both individuals and businesses may need to fill out form 3 - loan, depending on their specific financial requirements and the lender's criteria.
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What is form 3 - loan?
Form 3 - loan is a document used to report details of loans taken by an individual or business.
Who is required to file form 3 - loan?
Any individual or business that has taken a loan and meets the reporting requirements must file form 3 - loan.
How to fill out form 3 - loan?
Form 3 - loan can be filled out by providing information about the loan amount, lender details, terms of the loan, and any other relevant information.
What is the purpose of form 3 - loan?
The purpose of form 3 - loan is to provide transparency and accountability regarding loans taken by individuals or businesses.
What information must be reported on form 3 - loan?
Information such as loan amount, lender details, terms of the loan, and any other relevant information related to the loan must be reported on form 3 - loan.
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