What does the negative balance mean on My Statement?

If there is a negative balance in your unit’s statement, it indicates that there are dues against your flat that are to be cleared by you.

If there is positive balance in your unit’s statement, it indicates that you have paid in advance.

Please note that if you have paid any amount as deposit to the society, your account balance might be zero or positive, but still you might have dues pending to be paid. To know this, please go to Home->Make Payment – if there are charge listed with the pending amount to be paid as a non-zero value, you have dues to be paid (irrespective of your statement’s balance)

Was this article helpful?

Related Articles