The consumer can avail any one of the following 2 options of repayment, as detailed hereunder:
OPTION 1:
The consumer will be required to pay the outstanding principal amount in one instalment only for which no
DPC(Delayed Payment Charges) shall be charged i.e DPC included in the bill will be waived off totally. The
consumer will have to pay the outstanding principal amount on the date of application for the scheme.
OPTION 2:
The consumers can pay the outstanding amount in instalments. The existing balance amount ie. Principal
amount +
DPC will be freezed as on the date of the application and the consumer will have to pay this amount in
instalments. There will be NO waiving off the DPC in this option. However, NO
interest will be charged on the instalments. The current billing will be continued and consumers will have
to
pay the current bills along with instalments within the due date of the bills. The number of Instalments
made
available under the Scheme:
a) Eight installments for Industrial / Commercial consumers.
b) Twelve installments for Domestic / other consumers.