Bank loan disbursement

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Saurabh Dokania

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Nov 29, 2024, 1:41:34 PM11/29/24
to YEIDA (Yamuna Expressway Industrial Development Area)
How do banks release payment against loan? 
1. Through DD 
2. Bank releasing funds directly into YEIDA's account 
3. Bank first transfer into allottee's account and then allottee transferring to YEIDA account.

In case of 1 & 2, do allottee need to take any further steps and deposit any challan/receipt to YEIDA.

Regards.
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