HDFC BANK LTD.

, ANSAL'S FORTUNE ARCADE, SECTOR-18 NOIDA

201301
18002100018, 011-64807999

File No: 703607198/SK12 Offer Date: 18-NOV-2024

Service Center: NOIDA
Place Of Service: NOIDA
MR JHA ASHISH
D1804 D TOWER 18TH FLOOR
AMRAPALI PLATINUM APARTMENT
SECTOR 119
NOIDA SECTOR 119
GAUTAM BUDDH NAGAR - 201301
Email ID: [email protected]
Mobile Number: 9576745170

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Dear Sir/Madam,

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We are pleased to inform you that we have in principle, approved a HOUSING LOAN as per the terms and
conditions mentioned below, special conditions if any, and other conditions mentioned overleaf.

Amount Approved Rs. 5199000

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Rate of Interest 8.70% p.a. on a Variable Rate basis **
Term 20 Years ***

Repayment Terms:
Rest Frequency Monthly Rest
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Equated Monthly Instalment Rs. 45779 per month ***

Payable in 240 instalments ***

Processing Fee payable Rs. 2950

Processing Fee received Rs. 2950
Stamp duty Rs. 100
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(Payable before loan disbursement. In case you have paid this amount, kindly ignore this.)

** The interest rate announced by HDFC BANK from time to time as its EXTERNAL BENCHMARK
LENDING RATE (EBLR) shall be applicable to your loan with spread, if any. The current applicable rate of
interest with spread, if any, is 8.7% per annum.
*** This is subject to the provisions for variation thereof in terms of the loan agreement to be executed by
you.

THIS LOAN APPROVAL IS SUBJECT TO LEGAL AND TECHNICAL CLEARANCE OF THE PROPERTY
BEING FINANCED; INCLUDING VALUATION OF THE PROPERTY AS ASSESSED BY HDFC BANK
LTD.

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SPECIAL CONDITIONS:
1 THE LOAN AMOUNT WILL BE SUBJECT TO VALUATION OF THE PROPERTY, AS ASSESSED BY
HDFC BANK LTD.
2 As per your request, this offer is being made to you under HDFC BANK's ADJUSTABLE RATE HOME
LOAN scheme.
3 As a result of the variations in the interest rate the number of EMI's is liable to vary from time to time.
4 Loan will be disbursed subject to legal and technical clearance of the property financed.
5 The rate of interest mentioned above is based on the currently prevailing EBLR and the same may vary
at the time of disbursement of the loan as well as during its pendency in terms of the said Loan
Agreement.
6 This in-principle approval stands valid subject to:a. Verification checks as conducted by HDFC BANK
with respect to credit history, employment, residence, identity, property, etc are found satisfactory.b. All

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material facts concerning your income, or ability to repay or any other relevant aspect of your in-
principle approval or your application for loan are fully disclosed.c. Documents/clarifications/information
sought from time to time are provided as to the satisfaction of HDFC BANK.
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(A) Bank will handover/ release the mortgage documents and satisfy charges wherever applicable
within 30 days of closure of the loan as advised in the below clauses.
(B) Upon full closure of the loan, release or hand-over or returning the property documents obtained
from you as security towards the loan will be subject to clearance of all Outstanding and overdue
balances due from you to the bank whether as a Borrower or co-borrower or guarantor and compliance
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with the terms and conditions of the loan agreement.
(C) Property documents can be collected from our Office located at the place of service as updated on
page 1 of the aforesaid letter (This address is subject to change and the actual address will be
intimated to the customer at the time of closure of the loan) during banking hours after giving a
minimum of 10 working day notice after closure of the loan and all outstanding balances and overdues
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and other applicable terms and conditions of the loan – whichever event is later. The appointment for
collection of the property documents can be taken by way of fixing an online appointment or by sending
an email to a specified email address or by physically visiting our office address mentioned above. The
details relating to online appointment portal for fixing the date and time for collecting property
documents, email address for sending the request will be intimated in the communication which will be
sent to you upon full closure of the loan and clearance of all outstanding balances due from you and
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other applicable terms and conditions of the loan.

(D) In respect of satisfaction or release of the charge favoring the Bank in registries like CERSAI and
Sub-Registrar Offices wherever applicable will be initiated by the Bank within 30 days of the full closure
of the loan and clearance of all outstanding balances due from you and other applicable terms and
conditions of the loan or within 30 days of completion of formalities or procedure at your end. if any,
whichever event is later.
(E) Original title documents not collected beyond 60 days as mentioned herein above will attract
custody charges as applicable. (Please refer to the Charges Section in HDFC Bank website).
8 It is in your own interest and the interest of your family members that you buy an insurance plan to
cover the liability on your home. We recommend life insurance & health insurance cover for all income
earning borrower / co-borrower. You can avail insurance products like “HDFC Life Group Credit Protect
Plus” from HDFC Life Insurance company, “Home Credit Assure” from HDFC Ergo Insurance Company
or from any other IRDA registered insurance company
9 (A)The borrower undertakes to insure the property for full reconstruction value and assign the policy in
favour of HDFC Bank Ltd. You can avail property insurance from any insurance company of your
File No: 703607198 / 1 / SK12 Page No: 2 of 4
 choice. Customer's participation in this policy through us is entirely voluntary.
(B)HDFC Bank Ltd. offers property insurance of HDFC Ergo General insurance Company Ltd. and
Bajaj Allianz General Insurance Company Ltd., and purchase by a bank's customer of any insurance
products is purely voluntary and is not linked to availment of any other facility from the bank.
10 Bank will debit your EMI Repayment from your HDFC Bank Account on due date as mentioned in the
Terms & Conditions of the Agreement unless Bank has agreed to debit EMI from your Non HDFC Bank
Account. Please ensure adequate funds in your HDFC Bank account to cover the loan repayment dues
and Charges(if any). Servicing of EMIs from HDFC Bank Account will facilitate to avail our “Premier
Banking” services and suite of financial product as per your requirements and eligibility.
11 (A)Please note that any change in the interest rate benchmark of the loan may lead to changes in EMI
and/or tenor or both. At the time of reset of interest rate due to change in underlying benchmark
(increase or decrease), as a default action bank will adjust the tenor or EMI or Both, subject to this
action not leading to a negative amortisation or exceeding age/tenor norms as per Bank’s policy. The
Borrower shall be intimated by the Bank vide e mail, letters etc in this regard.
(B)The borrower (who have availed EMI based floating rate Personal Loans*) subject to applicable

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fees/charges, shall have the option to opt for any of the following, in case of increase in interest rate:
(i)Switching of loans from floating rate to fixed rate,
(ii)Enhancement in EMI or elongation of tenor or for a combination of both options, and,

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(iii)To prepay, either in part or in full, at any point during the tenor of the loan.
Levy of pre-payment penalty shall be subject to extant / applicable regulations.
*As defined in the RBI circular No. DBR.No.BP.BC.99/08.13.100/2017-18 on "XBRL Returns –
Harmonization of Banking Statistics" dated January 04, 2018
(C)The Bank, based on the change in/reset of Interest Rate applied on the loan, shall have the sole
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discretion to increase the EMI amount and/or tenure i.e. number of the EMI(s), in the following
circumstances:
(i)If the EMI(s) would lead to a negative amortization i.e. where the EMI(s) is not adequate to cover the
interest in full, and/or
(ii)If the principal component of the EMI(s) is inadequate to amortise the loan within such period as may
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be determined by the Bank.

Accordingly, the Borrower shall be required to pay such increased EMI amount and the number thereof
as decided by the Bank and intimated to the Borrower.
12 Subject to submission of remaining processing fees before disbursement. Kindly ignore if already paid.
13 As per the applicable provisions, the Purchaser/Transfree/Buyer of property is mandated to deduct
applicable tax at source based on the requirements of the case, on behalf of the
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Vendor/Transferor/Seller from the consideration for the transfer of the property. In view of the same,
you will be required to provide necessary evidence of having deducted the same and remitted to the
Government Authorities before availing the disbursement of the loan.
14 As required under Section 195 of the Income Tax Act , If seller is an Non- Resident Indian , the
Purchaser/Buyer/Transferor is required to deduct tax at source at the applicable rate on behalf of the
Vendor/Transferor /Seller on the consideration for transfer of the property . In view of the same , you
will be required to provide necessary evidence of having deducted the same and remitted to the
Government Authorities before availing the disbursement of the loan.
15 Disbursement of the loan will also be subject to submission of attested copies of documents in
connection with Proof of Residence and Proof of Identity as mentioned in the Application Form and
HDFC BANK finding the same satisfactory.
16 For purposes of KYC Verification, MR JHA ASHISH will be required to carry the following original
documents : PROOF OF POSSESSION OF AADHAAR NUMBER as IDENTITY PROOF , PROOF OF
POSSESSION OF AADHAAR NUMBER as ADDRESS PROOF and PAN CARD as PAN PROOF
respectively, when he visits us for availing of loan disbursement or prior to that.
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17 Loan Amount subject to 80% of Market Value as assessed by HDFC BANK LTD.
18 You shall be required to bring original bank passbooks/statements & salary certificates alongwith
original identity, residence and signatures proofs at the time of legal documentation/disbursement.
19 This benefit is being offered under a special limited period festive offer campaign. This benefit will be
applicable only if first disbursement is availed by 31st December 2024.
20 Subject to submission of original bank statement duly signed and stamped before disbursement

You shall be required to bear and pay applicable stamp duty, all charges levied by the Central Registry of
Securitization Asset Reconstruction and Security Interest of India (CERSAI) and all statutory / regulatory
charges / taxes on account of the Loan or the Security, that are presently applicable and as may be made
applicable from time to time, during the pendency of the loan. These charges are non- refundable in nature
and payable at the point of disbursement / applicability and thereafter as and when due and payable at the
rate as applicable on such date of disbursement / applicability.
The current charges stipulated by CERSAI are as under:

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(1) For loans upto Rs 5.00 Lakhs (for an original filing and for modification): Rs.50 (per filing/modification)
(2) For loans above Rs 5.00 Lakhs (for an original filing and for modification): Rs.100 (per filing/modification)

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We will be happy to expedite disbursement of this loan and request you to write to us on
[email protected] from your registered email address to complete the necessary formalities
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required by HDFC BANK.

We look forward to hearing from you.

Yours faithfully,
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For HDFC BANK LIMITED,

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Authorised Signatory

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