Disbursement of loan

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....- (a) to the reverse mortgagor by any one or more of the following modes, namely:- (i) periodic payments to be decided mutually between the approved lending institution and the reverse mortgagor; ....

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....cation No. 79/2013 dated October 7, 2013 before it was read as, "5. Disbursement of loan.- (1) The approved lending institution may disburse the loan to the reverse mortgagor by any one or more of....