16.2.2 Renewal Drawdown Notice to the Borrower

• This notice is generated to inform the borrowing customer when a drawdown loan is due for renewal (rollover). All the fields (excluding Standing Instructions) available in the ‘New Drawdown Notice to the Borrower’ are available in this notice.
• Also, a renewal notice is generated on the day of the rollover. This gets a precedence over the advice generated on the day the drawdown is due for a renewal.
• This notice is generated for all the rollover types (Normal, Split and Consolidated).