Redevelopment PMC
31. Disbursal of PDC for Rent Charges & Corpus Funds
During redevelopment, developers are required to provide rent compensation and corpus funds to society members as per approved terms and agreements. These payments are commonly secured through Post-Dated Cheques (PDCs) to ensure timely and assured disbursal.
Our PDC Disbursal Support Service ensures that the issuance, scheduling, monitoring, and proper utilisation of PDCs for rent and corpus payments is handled in a systematic, transparent, and well-documented manner.
To ensure timely payment of rent compensation to members
To facilitate structured disbursal of corpus funds
To safeguard members against payment delays or defaults
To maintain proper financial records and compliance
1. Verification of PDC Terms
We verify that PDCs are issued as per:
Development Agreement and PAAA terms
Approved rent and corpus schedules
Validity, amount, and cheque dates
2. Collection & Safekeeping of PDCs
We assist the society in:
Systematic collection of PDCs from the developer
Proper recording and acknowledgement
Safe custody and control mechanisms
3. Disbursal Planning & Scheduling
We help in:
Preparing member-wise rent disbursal schedules
Aligning PDC presentation with due dates
Planning corpus fund release as per milestones
4. Monitoring & Follow-Up
We monitor:
Timely presentation and clearance of PDCs
Follow-up in case of delays or issues
Coordination with developer and banks, if required
5. Reporting & Record Maintenance
We assist in:
Maintaining disbursal registers and statements
Member-wise payment tracking
Creating audit-ready financial documentation
Timely rent and corpus payments to members
Reduced financial stress during transit accommodation
Transparency and accountability
Strong documentation and compliance
Reduced disputes with developer
Our Assurance
We ensure that PDC disbursal for rent charges and corpus funds is carefully monitored, transparently executed, and properly documented, providing financial security and peace of mind to society members throughout redevelopment.