B.A. Circular On Loan Repayment Dt. 12-04-2021

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BAR COUNCIL OF THE STATE OF ANDHRA PRADESH :: AMARAVATI

From : To :

Smt. B. Padma Latha, B.Com, LL.B. The Presidents of all


I/c. Secretary, Bar Associations
Bar Council of Andhra Pradesh,
Ground Floor, High Court Buildings,
Nelapadu,
AMARAVATI – 522 239

R.O.C.No. 126/ 2021 Dt. 12-04-2021

Sir,

Sub:- Bar Council of Andhra Pradesh - Payment of Loan


Installments by the Advocates, obtained Loan of Rs. 10,000/-
and Rs. 20,000/- during Pandemic from the “Government
Grant - sanctioned to Bar Council of A.P.” - Reg.

Ref:- 1. Bar Council Circular ROC.No. 173/2020 dt. 10-08-2020


2. Bar Council Circular ROC.No. 60/2021 dt. 10-03-2021
***

In continuation of the Circular cited under 2nd reference, the


2nd Installment of Loan to be paid by the Advocates for the Month of
April, 2021. The details of Installments to be paid by the Advocates
are here below furnished :

Loan Rate of Loan Total Instalment


Amount Interest Tenure Repayment Amount
per month
Rs. Rs.
E.M.I.
Rs.10,000 5% 20 Months 10,440/- 522/-

Rs.20,000 9% 20 Months 21,600/- 1080/-

Cont…2
:: 2 ::

Therefore, the Advocates are informed to check their Installment


details in the Website of the Bar Council in the below link
https://barcouncilap.org/loan-repayment-details and pay the
Installments through “SBI Collect Payment Gateway”. The payment
can be made in the following link from 09-04-2021 to 30-04-2021.

https://www.onlinesbi.com/sbicollect/icollecthome.htm?corpID=2657766

Further, the Advocates who are in due of 1st Installment has to


pay both the installments in April, 2021. The payments made by the
Advocates will be updated every month in “SBI Collect Payment
Gateway” as well as in the “Bar Council Website”.

I request you to place the Circular on the Notice Board of the


Association for information of the Advocates, to enable them to pay the
Loan, within time.

Yours faithfully,

I/c Secretary, Bar Council

Note : UPI Payments are not recommended, since transaction


failure rate is high.
Encl : Payment Procedure Document

Copy to : Members, Bar Council

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