Payments: All payments (Down payment, installments, car park cost, utillity cost, additional works and other charges) should be made in favour of Abiding Development & Holdings Ltd. in the form of cash/Account Payee Checque/ demand draft or Pay order from a shedule bank of Bangladesh. Bangladeshi residing abroad may ensure payment in foreign Exchange by TT or DD as per exchange rate issued by Bangladesh bank on the due date of instalment payment.
Delay in Payment: Payments of instalments and all other charges are to be made on the due date. Any delay in payment up to 30 days will make the buyer liable to pay an additional payment@ 5% per 30 days on amount of payment delayed. If the payment is delayed more than 60 days, then the company shall have the right to cancel the allotment. In the event of cancellation 10% will be deducted from total amount for incidental charges. In the event of cancellation of allotment the deposited amount (after deduction) will be refunded after completion of the said project.
