How to Make Payments and avoid any interest

posted Oct 17, 2009, 4:37 AM by Satyendra Dwivedi   [ updated Feb 16, 2010, 12:25 AM by Archana B ]
Read details mentioned in your demand note regarding terms and condition.

Cheque Payments
  • DO NOT ISSUE Post Dated Cheques
  • Ensure dates, amount etc. are correct, Cheque is crossed, your apt no. and OWNER's name is mentioned at back
  • Cheque should be in name of "Springfields Welfare Association". Do not use SWA etc.
  • In case of any error/correction, do validate it by signing on correction. Better to issue fresh cheque than using corrected cheque.
  • Do not mention SWA account no. on cheque  (i.e SPRINGGIELDS WELFARE ASSOCIATION A/C No. 12344333) because it can be deposited in any of the SWA accounts
  • Pay at least 10 days before due date so that in case of any issue, cheque can be replaced
  • Drop your Cheque in the Drop Box at the Club House or in SWA Office. You MUST update register next to box with cheque details. This is to record your payment details.
  • If payment is not credited on time to SWA because of owner's error, it is treated as late payment. For that reason please pay atleast 10 days before due date to ensure in case of any issue, you can replace cheque


REMOTE OWNERS - CHEQUE DEPOSIT OR COURIERED (NOT PREFERRED)

  • SWA does not take any responsibility for lost or misplace cheque/payment when owners sends courier to SWA office address or deposit the cheque directly in the SWA Bank Account
  • If cheque is deposited directly into bank (NOT PREFERRED), photocopy of pay -in slip along with cheque no. should be couriered to SWA Treasurer
  • Please NOTIFY payment details in www.springfields.in -> Dues & Balance
  • Address for any courier:
    SWA Treasurer, "The Club House", Springfields Apartments,
    Bellandur Gate, Sarjapur Main RoadBangalore 560102
  • DO MENTION APT NO/OWNER'S NAME/CONTACT DETAILS in all communication

NEFT Payments (ONLY FROM OWNER'S BANK ACCOUNT)

  • DO PAY only from OWNER's BANK ACCOUNT whose name is in DEMAND NOTE. If OWNER can not make NEFT, please arrange for Cheque payment
  • Pay at least 3 working days before due date. If payment is received after due date (even a single day), late charges will be applied.
  • While making NEFT payment, double check payee account no. IFSC CODE, MICR CODE etc.
  • Do not use acronym i.e."SWA" etc. in Payee name. It needs to be "Springfields Welfare Association" (Type as much as possible and there should not be any space in Springfields i.e Spring Fields).
  • Common Errors:
    • Payee Account No. is old one
    • Payee IFSC Code is old one
    • Payee name is SWA or SF Maintenance, or Spring Fields…. All are incorrect.
  • FOR all NEFT Deposits to bank account, YOU MUST enter payment details in www.springfields.in ->due-balance
  • Please absolutely make sure that the SWA account number/IFSC Code that you enter is correct. Till funds are received in SWA account, balances will be due. If you enter incorrect information, funds may be transferred to an unintended recipient. SWA is not responsible for any untraced payment.
  • Bank : AXIS BANK (UTI BANK)
    Beneficiary Account# : 785010100007238
    Beneficiary Account Type : Saving (Resident Indian)
    Beneficiary Name: “Springfields Welfare Association”
    Branch 1: NIFT Campus, HSR Layout ,
    MICR Code : 560211024/IFSC Code : UTIB0000785

Enter REMARKS starting with your APT NO. in EFT

  • IN CASE OF ANY ISSUE OR YOUR BANK IS NOT ABLE TO MAKE PAYMENT, PLEASE DO CHEQUE PAYMENT. 
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