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Personal Loan Documentation for Sanskriti

The document outlines the loan details for a personal loan taken by Sanskriti Hasta, including borrower information, loan terms, and conditions. The total loan amount is INR 63,000 with an annual interest rate of 22% and a repayment term of 9 months. It also details fees, charges, and penalties associated with the loan, as well as the roles of the co-lenders and lending service provider.

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Sanskrit i Hasta

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0% found this document useful (0 votes)

428 views29 pages

Personal Loan Documentation for Sanskriti

Uploaded by

Sanskrit i Hasta

We take content rights seriously. If you suspect this is your content, claim it here.

Available Formats

Download as PDF, TXT or read online on Scribd

LOAN DOCUMENTATION - PERSONAL LOAN (CO-LENDING)

BORROWER DETAILS

PARTICULARS DETAILS

ACCOUNT TYPE / PURPOSE: Personal

NAME: SANSKRITI HASTA

FATHER NAME: Bhupesh Kumar Hasta

DATE OF BIRTH: 04-10-1999

GENDER: Female

MARITAL STATUS: Single

OCCUPATION: Private Employee

NATIONALITY: INDIAN

RESIDENTIAL STATUS: INDIAN

PAN: BLNPH2777Q

PROOF OF ADDRESS/IDENTITY EKYCAADHAAR

C/O: Do Sh. Bhupesh Kumar Hasta, Ward No. 7, Mashnoo, Rampur

Shimla, Mashnu (77), Himachal Pradesh, India,

ADDRESS:

Shimla 172102

HIMACHAL PRADESH

C/O: Do Sh. Bhupesh Kumar Hasta, Ward No. 7, Mashnoo, Rampur

Shimla, Mashnu (77), Himachal Pradesh, India,

CORRESPONDENCE ADDRESS:

Shimla 172102

HIMACHAL PRADESH

PHONE NUMBER: 7807533361

EMAIL: sanskriti.hasta1999@[Link]

NAME OF BANK: AXIS BANK

BANK A/C NO: 921010055654529

Page 1

Signed By: SANSKRITI HASTA

Reason: Availing loan
Signed using: 7807533361 Digitally signed by: Krazybee Services Private Limited
Device ID: DA1677E7229B401DBCD2B687378E0418 Reason: Loan sanction
IP Address: [Link] Date: 2025-03-04 [Link] IST
Timestamp: 2025-03-04 [Link]
IFSC: UTIB0003447

RELATED PERSON TO BE CONTACTED WHEN BORROWER IS UNREACHABLE

NAME OF RELATED PERSON

RELATIONSHIP WITH THE BORROWER

PHONE NUMBER OF RELATED PERSON

General Terms and Customer Consents

[Link]. Particulars Details

1. LOAN ID/ SERIAL ID KB250304NYMIB

2. CITY Shimla

I hereby acknowledge to have read, understood and accepted the terms & conditions of the loan ("Loan") as sanctioned by the

following Co-Lenders:

i) Cholamandalam Investment and Finance Company Limited ,a company incorporated under the Companies Act, 1956 (CIN:

L65993TN1978PLC007576) having its Registered Office at Chola Crest, C 54 & 55, Super B-4, Thiru Vi Ka Industrial Estate,

Guindy, Chennai 600032 ("Lender-1")

ii) Krazybee Services Private Limited ,a company incorporated under the Companies Act, 2013 (CIN:

U65100KA2016PTC086990) having its Registered Office at 3rd Floor, No. 128/9, Maruthi Sapphire, HAL Airport Road, Murgesh

Palya, Bangalore, Karnataka -560017 and its branch office at 10th Floor, Plot No E/3, Khata No 612, Infinia Tower,

Chandrasekhapur, Bhubaneswar, Odisha-751024 registered with the Reserve Bank of India as a Non-Banking Financial Company

(NBFC) bearing Registration No: N 02.00281 dated 25.05.2017. Website: [Link] (hereinafter referred as "Lender-

2")

Lender 1 and Lender 2 are jointly referred as ("Co-Lenders")

Terms capitalized in the Loan Summary provided below, but not defined therein shall have the same meaning as ascribed to them

under the Transaction Documents.

Page 2

Signed By: SANSKRITI HASTA

PARTICULARS DETAILS

Lender 1: Cholamandalam Investment and Finance Company Limited

Name of the Co-Lenders
Lender 2: Krazybee Services Private Limited (through its branch at Bhubaneswar)

Name of the Borrower SANSKRITI HASTA

Name of the Lending Service

Finnovation Tech Solutions Private Limited
Provider (LSP)

Name of the Digital Lending

KreditBee
Application(DLA)

Personal reason (or such other purpose as may be approved by the Co-Lenders from time to
Purpose of the Loan
time)

Lender 1 : 50400

Loan Amount (INR) Lender 2 : 12600

Total Loan Amount : 63000

Total interest chargeable

during the entire tenure of the 6069

loan (INR)

Annualized Fixed Rate of

22%
Interest: (% Per Annum)

Annual Percentage Rate (%

37.08%
Per Annum)

Loan Term (In Months) 9 months

Lender 1: 0

Processing Fees (INR) (A) Lender 2: 3014

Total : 3014

Loan Documentation Fees

(INR) [Non-Refundable Fees] 10

(B)

Insurance Charges [Optional]

755
(INR)(C)

Credit Information Report

50
Fees [Optional](INR)(D)

GST (E)

This will be the total amount

of GST payable by the 688

Borrower on the Fees and

Charges

Page 3

Signed By: SANSKRITI HASTA

Payable (INR) 4517

[Sum of A + B + C + D + E ]

Net Disbursed Amount (INR) 58483

Total Amount to be paid by

69069
the Borrower (INR)

Type of Instalment Monthly

No of EPIs 9 As per the Repayment Schedule shared under Annexure C of the Loan Documentation

Repayment Frequency Monthly

Amount of EPI Payable (INR) 7811

Cooling-off Period 3 days

Unless otherwise mentioned, all fees and charges mentioned herein are exclusive of applicable

taxes. All taxes including goods and services tax, duties, cess and levies as per applicable law
Taxes & Levies
pertaining to the transaction (including on the fees mentioned above) whether present or in

future to be borne by the Borrower

For the purpose of undertaking collection and recovery of the Loan,the Lender 2 will initially

Details of recovery agent undertake the recovery of Loan. Subsequently, the Lender 2 may, through the Lending Service

authorized to approach the Provider or through its Debt Recovery Agents, undertake collection or recovery of the Loan

Borrower from the Borrower. For details of Lending Service Provider and the Debt Recovery Agents

please refer to [Link]

Contingent Charges

Penal Charges for a continuing default in repayment of EMI from day 2 and continuing

for maximum of 180 days shall be calculated at an annualized rate of 36% p.a which will

be applicable per day on principal overdue* amount *round to nearest rupee. No penalty

charges will be levied beyond the period of 180 days if an EMI continues to remain

outstanding beyond such period of 180 days. For the avoidance of doubt, it is hereby

clarified that the EMI Bounce Charges and Penal Charges will be calculated on the
Penal Charges(INR)
principal overdue amount only and shall be levied distinctly and separately from the

components of the principal overdue amount and the loan interest. These charges are

not added to the rate of interest against which the loan has been advanced and are also

not subject to any further interest. Please note that these charges are calculated in a

manner so as to be commensurate to the default and are levied in a non-discriminatory

manner for this loan product.

This EMI Bounce Charge will only apply on the first occurrence of the EMI repayment

EMI Bounce Charge (INR) default. It shall be calculated at the lower of: (i) 4 % of the principal amount forming part

of the bounced EMI or (ii) Rs. 500

May be applicable at the discretion of Co-Lenders. If the Borrower chooses to foreclose the
Loan Foreclosure Charges
Loan, the Loan Foreclosure Charges shall be the amount, being the higher of, (i) 4% of the
(INR)
principal amount outstanding as on the due date of foreclosure or (ii) Rs. 50

Part Prepayment Charges * If the Borrower makes Part-Prepayment of the Loan Amount on any other date which is not

(INR) falling on Due Date of the Instalment(not amounting to Foreclosure), the Borrower shall be

Page 4

Signed By: SANSKRITI HASTA

adjusting any overdue amounts, and/or immediately succeeding Instalment.

* If the Borrower makes Part-Prepayment of the Loan Amount (not amounting to Foreclosure),

on any Due Date of the Instalment, the Borrower shall be required to pay Part-Prepayment

Charges at 4%, of the principal amount prepaid, after adjusting any due, and/or overdue

amounts.

Retained Processing Fee

(INR) (In case of Loan

1260
Closure during Cool Off

Period)

Important Terminologies

1. Annual Percentage Rate (APR): APR is the effective annualized rate charged to the borrower of a digital loan. APR shall be

based on an all-inclusive cost and margin including cost of funds, credit cost and operating cost, processing fee, verification

charges, maintenance charges, etc., and exclude contingent charges like EMI Bounce Charges, Penal Charges, etc.

2. Cooling-Off Period: A Cooling-Off Period is the time window being provided to the Borrower for exiting the Loan in case the

Borrower decides not to continue with the Loan. In such event, a one-time Processing Fee will be retained by the Co-Lenders

and an amount proportionate to the Annualized Fixed Rate of Interest for the period until the closure of the Loan will be charged

to the Borrower. In case of cancellation of Loan during the Cooling-Off Period, the Borrower will not be required to pay any Loan

Foreclosure Charges. In order to know the amount payable, the Borrower has to click on the "Loan Foreclosure" tab on the

KreditBee App to know the full fees payable in respect of Loan Foreclosure. Upon determining the fees, the Borrower has the

option to pay either (i) directly via KreditBee App by pressing and processing with the "Loan Foreclosure" option or (ii) use any

alternate payment methods available on the KreditBee App to pay the corresponding amount such as, including but not limited

to post-dated cheques ("PDCs"), Electronic Clearing System ("ECS"), National Automated Clearing House ("NACH")

instructions/other mode/instrument ("Payment Instrument(s)"), as acceptable to the Co-Lenders from time to time. In case of

usage of any alternative methods of payment, the Loan will stand cancelled only upon actual realization of the full fees payable

in respect of Loan Foreclosure by the Co-Lenders. The Borrower must ensure that the payment using alternative payment

methods is realized by the Co-Lenders during the Cooling-Off Period, failing which any request for Loan cancellation on

account of usage of such alternative sources of payments will be dealt by the Co-Lenders on a case to case basis.

3. Part Prepayment: In case the Borrower wants to make Part Prepayment of any Loan amount, the Borrower has to login to the

KreditBee App to know the fees/charges payable in respect to such Part Prepayment. The Borrower has the option to make

Part Prepayment of such amount, along with applicable Part Prepayment Charges, either (i) directly on KreditBee App through

the Part Prepayment option or (ii) through usage of any alternate payment methods available on the KreditBee App to pay the

corresponding amount such as, including but not limited to post-dated cheques ("PDCs"), Electronic Clearing System ("ECS"),

National Automated Clearing House ("NACH") instructions/other mode/instrument ("Payment Instrument(s)"), as acceptable to

the Co-Lenders from time to time.

4. EMI Bounce Charge: This is a Penal Charge levied by the Co-Lenders for non-repayment of an EMI on the scheduled date.

5. Foreclosure: Foreclosure of loan refers to the complete repayment of the Loan by the Borrower before the scheduled end of

the Tenure.

6. Credit Information Report Fees: This is an optional charge deducted from the Loan only when the Borrower has requested to

purchase the Credit Information Report via KreditBee App and has further requested the Co-Lenders to deduct the Credit

Information Report Fees from his Loan Amount.

7. Insurance Charge: This is an optional charge deducted from the Loan only when the Borrower hereby gives his/her consent

to purchase the insurance policy being offered by the insurance service provider via KreditBee App after he/she has read and

understood the terms of the insurance policy as disclosed to the Borrower during the process of application. The Borrower is

expected and advised to have read all the features, benefits, exclusions and claim process of the insurance product and

accordingly shall have voluntarily opted for the same. The Borrower is aware that in case of non-disclosure of material facts or

fraud, there would be no refund of insurance fee paid

8. Loan Documentation Fees: This is the non-refundable stamp duty payable by the Borrower on Transaction Documents in

accordance with the applicable Laws. The stamp duty shall be deposited to the government at the time of execution of the

Transaction Documents. The Co-Lenders are merely acting as a facilitator to make the stamp duty payment on the Borrower's

behalf and the Loan Documentation Fees is the reimbursement by the Borrower to the Co-Lenders at cost.

Page 5

Signed By: SANSKRITI HASTA

Borrower in relation to this Facility, the Borrower Details, the Loan Summary, General Terms and Borrower Consents and the

Loan Agreement including its annexures, the Most Important Terms and Conditions ("MITC") and other such documents

designated by the Co-Lenders as Transaction Documents.

Particulars Lender 1 Lender 2 LSP

Fair Practices
[Link] [Link]
Code

Privacy Policy [Link] [Link] [Link]

Terms & [Link]

[Link] [Link]
Conditions [Link]/cholamandalam/csel_d2c_privacy_policy_cd674e5c8a.pdf

I agree to submit the following documents for availing of Loan:

1 PAN Card or Form 60 PAN

Passport/Voter ID/Proof of Possession of Aadhaar/Driver

2 ekycAadhaar
License

3 Last 3 months bank statements or other income proof Yes

4 Any other document requested by the Co-Lenders NA

BORROWER CONFIRMATION AND ACKNOWLEDGMENT:

1. I confirm that have read and understood all the terms and conditions in relation to the Loan, including the Annualised

Fixed Rate of Interest and Annual Percentage Rate and its method of application of the Loan.

2. I agree to be bound by the terms and conditions of the Loan contained herein below and in the Transaction Documents in

relation to the Loan.

3. I confirm that I am a citizen of India and of sound mind and competent to contract and enter into and perform obligations

contemplated under the Transaction Documents in respect of the Loan.

4. I acknowledge, understand and agree that the Co-Lenders have adopted risk-based pricing, which is arrived by

considering, broad parameters like a Borrower's financial and credit profile and presently, my financial and credit profile.

5. I also understand all the terms listed above along with the entire fees/charges/Interest (as may be applicable) applicable

for the said Loan. All implicit and explicit cost relating to the Loan, payable by the Borrower, has been specified in the

aforesaid Loan Summary and/or the Key Fact Statement. Any fees etc., which is not mentioned in this Loan Summary and/or

the Key Fact Statement will not be charged by the Co-Lenders to the Borrower, at any stage during the Loan Tenure.

6. Consent of Borrower for submission of Proof of Possession of Aadhar (applicable only in the event of a Borrower

submitting a copy of Aadhaar card as an identity/address proof):

I, being a major and eligible to enter into a contract under Applicable Laws, hereby submit voluntarily, at my own discretion,

the Proof of Possession of Aadhar as issued by Unique Identification Authority of India (UIDAI) to the Co-Lenders, for the

purpose of establishing my identification/ address proof, in my individual capacity and hereby consent to the Co-Lenders for

offline verification of my Aadhaar, without authentication, to establish its genuineness through such offline verification mode

acceptable as per UIDAI or under any statute/act or Applicable law, from time to time. The consent and purpose of collecting

Aadhaar has been explained to me. The Co-Lenders have informed me that my demographic information and any other

information submitted to the Co-Lenders herewith for offline verification shall not be used for any purpose other than for the

purpose of verification, or as per the requirements of Applicable law.

7. The Co-Lenders have informed me that my demographic information and any other information submitted to the Co-

Lenders herewith for offline verification shall not be used for any purpose other than for the purpose of verification, or as per

the requirements of Applicable Law.

8. I further confirm that the Co-Lenders have further informed me about the following:

8.1 nature of information that will be shared on submission of Aadhaar;

Page 6

Signed By: SANSKRITI HASTA

8.3 Aadhaar number or biometric information will not be collected, used or stored by the Co-Lenders;

8.4 Aadhaar number has been redacted or blacked out through appropriate means;

8.5 this consent will be stored with the Co-Lenders;

9. I further agree that I have been sufficiently informed by the Co-Lenders about other alternative documents that can be

submitted for establishing proof of identification and address.

10. I hereby declare that all the information voluntarily furnished by me is true, correct and complete in all aspects. I will not

hold the Co-Lenders or any of its directors, officers, employees, agents, service providers etc. responsible and shall keep

each of them indemnified for loss, cost, expense, etc. incurred by them, in case any incorrect information is provided or

furnished by me to Co-Lenders and/or its services providers.

SELF-DECLARATION AND UNDERTAKING:

1. I confirm and agree that I can read and understand the contents of the Transaction Documents in English language and

the same has been properly displayed and expressly highlighted and illustrated to me. I agree to receive all documents/

correspondence in English language.

2. I confirm that I have been informed by the Co-Lenders about the other documents that may be submitted apart from my

Aadhaar number for establishing my identity and address proof. I have voluntarily chosen to provide my Aadhaar number.

3. I hereby declare that my acceptance of these Transaction Documents is not in and will not result into any contravention of

any Applicable Laws including but not limited to any notifications/directions issued by any governmental or statutory authority

from time to time.

4. I represent that the information and details provided by me and the documents submitted by me are true, correct and that I

have not concealed any information from the Co-Lenders and I undertake to inform the Co-Lenders of any changes therein

immediately and I have not suppressed any information that might affect the Co-Lender's decision in sanctioning/ granting

me the Loan(s). In case any of the information submitted by me is found to be false or untrue or misleading or

misrepresenting, I am aware that I may be held liable for it.

5. I have read and understood the fees/charges as may be applicable to the Loan that I may avail from time to time.

6. I confirm that no recovery proceedings have been initiated and / or are pending against me.

7. I hereby give my explicit consent to the Co-Lenders and authorize the Co-Lenders to exchange or share information,

documents and details relating to my Loan to the lending service providers, which may be required to carry out their

operations as may be required or deemed fit, during and after disbursal of the Loan and/or related offerings or other products

/ services that I may apply to the Co-Lenders from time to time.

8. I understand that, the Co-Lenders may offer an increase in my credit limit, and an option will be provided tome to accept

the increased credit limit, until accepted I will not be able to utilise the increased credit limit. I also understand that the

increase/decrease in the credit limit will be based on the Co-Lender's respective internal credit policy. Such revised credit

limit being duly intimated to me before disbursement of the Loan.

9. I understand and acknowledge that notwithstanding the execution of the Transaction Documents, Co-Lenders

may jointly or severally decide not to disburse the entire or part of the Loan, repudiate and rescind the Transaction

Documents unilaterally. In case any Co-Lender decides not to disburse the Loan and the other Co-Lender decides

to disburse the Loan, the Loan will be disbursed by the participating Co-Lender on the terms agreed by the

Borrower under the Sanction Letter and the Transaction Documents and the Borrower will not be required to sign

Transaction Documents [Link], the Co-Lender disbursing the Loan will share the amended Transaction

Documents with the Customer upon disbursement of the Loan.

10. I understand, acknowledge, consent to, that the Co-Lenders shall have the right to make disclosure of my personal

information to the lending service providers in compliance with the Applicable Law and in relation to the performance of their

obligations and enforcement of their rights order to enforce under these Transaction Documents.

11. I confirm that the aforesaid information and details provided by me are true, correct and that I have not concealed any

information therefrom.

12. I agree and accept that the Co-Lenders either singly or jointly may in its/their sole discretion, by itself/themselves or

through authorised persons, advocate, agencies, bureau, etc. verify any information given, check credit references,

employment details and obtain credit reports to determine creditworthiness from time to time.

Page 7

Signed By: SANSKRITI HASTA

on my behalf and obtained my credit report prior to issuing the Sanction Letter for the purpose of assessing my credit

worthiness through a credit information company or otherwise.

14. I have not taken any loan from any other bank/ finance company other than those mentioned in my Credit Information

Report.

15. I represent and agree that the funds shall be used for the Purpose specified above and will not be used for any illegal,

speculative or antisocial purpose or for any purpose prohibited under Applicable Law or RBI regulations.

16. I confirm that my annual household income, that is to say, the annual income of my family unit, i.e. husband, wife, and

unmarried children, is more than Rs 3 lacs (Rupees Three Lacs), and therefore, my borrowing under the present facility does

not qualify to be treated as a microfinance loan under the Reserve Bank of India (Regulatory Framework for Microfinance

Loans) Directions, 2022.

17. I hereby confirm that I contacted the Co-Lenders for my own personal requirement of personal loan and no

representative of the Co-Lenders has emphasized or induced me directly / indirectly to apply for the Loan.

18. I consent that the reference contacts provided by me may be contacted for verification of my identity, or as part of

collection efforts or when I am unable to be contacted.

19. I understand and accept that any moratorium or deferment of Instalment that is provided by the Co-Lenders on the Loan

under this Loan Summary shall be at their sole discretion and there shall be no demur or protest by me in this regard.

20. I am, neither directly nor indirectly, related to the Co-Lender's director/s as contemplated under the provisions of

Companies Act, 2013 and I am not a politically exposed person as per the applicable KYC guidelines of RBI.

21. I hereby give my explicit consent to obtain my Credit Information Report (CIR) from the Credit Information Companies

and the fees of buying the CIR will be deducted from the loan disbursed/sanctioned amount, if the option of buying the CIR

is availed by me during the application of the Loan.

22. I admit, acknowledge that any Statement/Certificate provided by the Co-Lenders showing the amount due and payable

by me/us in respect of the Loan shall be conclusive proof of such amounts due and payable by me towards the Co-Lenders.

23. Insurance Policy: This is an optional declaration and applicable only when the Borrower hereby has given his/her

consent to purchase the insurance policy being offered by the insurance service provider via the KreditBee app after he/she

has read and understood the terms of the insurance policy as disclosed to the Borrower during the process of application

23.1 I hereby declare that I was interested in purchasing the insurance policy being offered by the insurance service

provider via KreditBee app and I have read and understood the terms of understand that the insurance policy being

availed by me is being offered to me by the aforesaid insurance service provider and that the Co-Lenders & Lending

Service Provider shall not be responsible in any way with regard to the insurance policy being availed by me or any

other terms and conditions of the insurance policies/products/facilities availed by me from the said insurance service

provider. I hereby declare that I have read all the features, benefits, exclusions and claim process of the insurance

product and have voluntarily opted for the same. I am aware that in case of non-disclosure of material facts or fraud,

there would be no refund of insurance fee paid. I hereby give my explicit consent to the Co-Lenders to deduct the

fees from the Loan amount in relation to the insurance policy availed by me and pay the insurance fee amount to the

concerned insurance service provider as disclosed to me during the process of application.

23.2 I hereby provide my explicit consent to the Co-Lenders to share my personal details/KYC information, as

required and as legally permissible with the insurance service provider for opting aforementioned insurance

policies/products/facilities.

23.3 I am aware and acknowledge that the Co-Lenders shall not be liable or responsible, in any manner whatsoever

for any claims or disputes that the I may have with the relevant insurance service provider and/or its

agents/partners/group administrator in relation to selling or marketing of any insurance products on the KreditBee

App for which I have consented and authorized the Co-Lenders to make payments into the insurance service

provider bank account by drawing down the Loan and such claims or disputes of mine shall lie exclusively against

such insurance service provider and/or its agents/partners/group administrator. The existence of any claim or dispute

as set out above shall not relieve me of my obligations to pay all Outstanding Balances on the applicable Due Dates

and I agree to continue paying such Outstanding Balance notwithstanding any such claims or disputes.

I HEREBY IRREVOCABLY AND UNCONDITIONALLY CONFIRM THAT I HAVE READ AND UNDERSTOOD THE TERMS AND

CONDITIONS APPLICABLE TO THIS LOAN AS OFFERED BY THE CO-LENDERS AND I UNDISPUTEDLY ACCEPT THE

SANCTION LETTER, KEY FACT STATEMENT, LOAN SUMMARY, BORROWER ACKNOWLEDGEMENT, MITC, SELF

DECLARATION, UNDERTAKING, DOCUMENTS AFTER HAVING READ, ANALYSED, UNDERSTOOD AND ACCEPTED EACH

Page 8

Signed By: SANSKRITI HASTA

BINDING ON ME.

Page 9

Signed By: SANSKRITI HASTA

This Agreement is made on 04/03/2025 at Bhubaneswar by and between SANSKRITI HASTA the details of whom are provided

above in Loan Summary

and

i) Cholamandalam Investment and Finance Company Limited ,a company incorporated under the Companies Act, 1956 (CIN:

L65993TN1978PLC007576) , and registered with Reserve Bank of India as a Non-Banking Financial Company (NBFC) having its

registered office at Chola Crest, C 54 & 55, Super B-4, Thiru Vi Ka Industrial Estate, Guindy, Chennai 600032 ("Lender-1")

ii) Krazybee Services Private Limited ,a company incorporated under the Companies Act, 2013 (CIN:

U65100KA2016PTC086990) having its Registered Office at 3rd Floor, No. 128/9, Maruthi Sapphire, HAL Airport Road, Murgesh

Palya, Bangalore, Karnataka -560017 and its branch office at 10th Floor, Plot No E/3, Khata No 612, Infinia Tower,

Chandrasekhapur, Bhubaneswar, Odisha-751024 registered with the Reserve Bank of India as a Non-Banking Financial Company

(NBFC) bearing Registration No: N 02.00281 dated 25.05.2017. Website: [Link] (hereinafter referred as "Lender-

2")

Lender 1 and Lender 2 are jointly referred as ("Co-Lenders")

WHEREAS

A. The Co-Lenders are non-banking financial companies and are engaged in the business of advancing loans.

B. The Borrower has requested the Co-Lenders and the Co-Lenders have agreed to provide Loan upto the amounts as specified in

in the Sanction Letter, the Key Fact Statement and the Loan Summary which shall form part this Agreement and all its Annexures

as exchanged between the parties.(together referred to as "Transaction Documents")

C. The disbursal and repayment of the Loan will at all times be governed by this Agreement read together with the Loan

Summary(ies) and other Transaction Documents, as amended from time to time.

D. The Parties agree that the loan is being serviced through the Lender 2's branch at Bhubaneswar bearing address 10th Floor, Plot

No E/3, Khata No 612, Infinia Tower, Chandrasekhapur, Bhubaneswar, Odisha-751024

1. Definitions.

In this Agreement unless there is anything repugnant to the subject or context thereof, the expressions listed below, if

applicable, shall have the following meanings:

1.1 "Access Code(s)" means any authentication mode as approved, specified by the Co-Lenders including without

limitation combination of user name and password.

1.2 "Account" means the bank account of the Borrower or third party where the Loan disbursement is requested and

more specifically provided under the Loan Summary;

1.3 "Agreement" means this Agreement together will all annexures and exhibits as entered into between the Co-

Lenders and the borrower and shall include all amendments to the Loan Agreement made from time to time.

1.4 "Applicable Law" means any constitution, statute, law, equity, regulation, ordinance, rule, judgment, order,

decree, authorization, clearance, approval, directive, guideline, policy, requirement, or other governmental restriction or

any similar form of decision, or determination by, or any interpretation or administration of any of the foregoing, by any

Governmental authority, whether in effect as of the date of execution of the Transaction Documents or thereafter, as

applicable to a party.

1.5 "Annual Percentage Rate" means the all-inclusive cost of the loan, including cost of funds, credit cost and

operating cost, processing fee, verification fees, maintenance fees, etc., except contingent fees like EMI Bounce

Charges, Penal Charges, etc., levied on the borrower;

1.6 "Business Day" means a day (other than a Saturday or a Sunday or a public holiday) on which Co-Lenders are

open for general business in Bhubaneswar,Chennai, Mumbai and/or Bangalore;

1.7 "Cooling-off Period" means a period of time from the date of disbursement of loan within which the borrower can

change her/ his mind with return or cancellation of the loan, by paying the fees/charges as mentioned in the KFS,

Sanction Letter and Transaction Documents;

1.8 "Due Date" means the date on which an Instalment of the principal amount of the Loan, Interest and /or any other

amount payable under this document and/or balance of the Loan Amount as the case may be, is due for payment

under the terms of the Transaction Documents (or otherwise)

1.9 "Foreclosure" refers to the complete repayment of the Loan by the Borrower before the scheduled end of the

Tenure. This includes the repayment of the outstanding principal amount, accrued Interest (till date of foreclosure), and

Page 10

Signed By: SANSKRITI HASTA

1.10 "Instalment/EMI/EPI" means the amount of monthly payment specified in the Transaction documents necessary

to amortize the Loan with interest over the period of the Loan.

1.11 "Interest" means the interest payable by the Borrower to the Co-Lenders on the principal outstanding in

accordance with this Transaction Documents.

1.12 "Key Facts Statement" means a summary of the applicable terms, fees and charges informed to the Borrower

in a standardised format before the Borrower avails the Loan. The Key Facts statement is attached hereunder as a part

of Annexure A

1.13 "Loan"/"Loan Amount" means the loan amount applied for by the Borrower and duly sanctioned by the Co-

Lenders as per the Transaction Documents.

1.14 "Loan Summary" means summary of Loan terms specified above and furnished to the Borrower or any other

persons from time to time in connection with the Loan;

1.15 "MITCs" means most important terms & conditions of the Transaction Documents annexed as,"Annexure B" to

Agreement;

1.16 "Non-Performing Asset (NPA)" means in case of Interest payments in respect of term loans, an account will be

classified as NPA if the Interest applied at specified rests remains overdue for more than 90 days.

1.17 "Part-Prepayment"/"Part-Prepay" refers to any partial payment made by the Borrower towards the principal

amount of the Loan, in a manner as outlined under this Agreement. Such Part-Prepayment may be subject to specific

terms and conditions, including, but not limited to, Part-Prepayment Charges, fees, as mentioned in the Transaction

Documents. Any such Part-Prepayment shall be applied in a manner as mentioned in this Agreement.

1.18 "Penal Charges" shall mean the Penal Charges identified as such under Key Fact Statement / Sanction Letter

and Transaction Documents

1.19 "Repayment" means the repayment of the principal amount of Loan together with Interest thereon by way of

Instalments including Penal Charges, EMI Bounce Charges commitment and/or any other fees or other dues payable in

terms of the Transaction Documents to the Co-Lenders

1.20 "Repayment Schedule" means the Scheduled process of the repayment of the loan containing the details of the

exact due dates for repayment of the loan, frequency of repayment, breakup between principal and Interest, any other

fees or other dues payable in terms of the Transaction Documents to the Co-Lenders enclosed as "Annexure C".

1.21 "Outstanding Balance" means the Loan, Interest and all other fees and charges, as specified in this Loan

Agreement due and payable, as outstanding from time to time.

1.22 "Sanctioning Authority" means any agency or person which is duly appointed, empowered or authorized to

enact, administer, implement and/or enforce sanctions, including (without limitation) United Nations Security Council,

Government of India, RBI, United States (Office of Foreign Assets Control), United Nations and European Union.

1.23 "Sanctioned Persons" refer to those persons who are identified in the sanctions list maintained by Sanctioning

Authority.

1.24 "Special Mention Account (SMA)" means an account which is exhibiting signs of incipient stress resulting in

the borrower defaulting in timely servicing of her debt obligations, though the account has not yet been classified as

NPA.

1.25 "Tenure" shall be the time period of the Loan as specified in the Loan Summary.

1.26 "Transaction Documents" shall include the Key Facts Statement, Sanction Letter issued to the Borrower in

relation to this Loan, Borrower Details, General Terms and Customer Consents, Loan Summary, Customer

Acknowledgment, Self Declaration and Undertaking and the Agreement including its annexures, the MITCs, the

Repayment Schedule given in Annexure C and this document and other such documents designated by Co-Lenders as

Transaction Documents.

2. Interpretation

2.1 Capitalized terms used in this Agreement but not defined herein, shall have the meaning ascribed to such terms

under the Loan Summary.

3. Sanction and Disbursement

3.1 The Co-Lenders have agreed to grant the Loan to the Borrower on the basis of the information and representations

provided in the Loan Summary and other Transaction Documents. Grant of the Loan and acceptance of the Borrower's

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Signed By: SANSKRITI HASTA

Statement/Sanction letter.

3.2 The Borrower may request for disbursement only if: (a) no Event of Default or potential event of default has

occurred or is continuing, (b) no material adverse event in the opinion of the Co-Lenders has occurred and (c) the

Borrower has agreed to the terms of the Transaction Documents.

3.3 The Borrower's request for availing the Loan after executing the Loan Agreement shall be irrevocable unless

accepted by the Co-Lenders post Cooling Off Period.

3.4 Subject to satisfaction of all the conditions precedents, the Co-Lenders shall disburse Loans towards the personal

loan into the Account and the Borrower confirms that the Loan shall be utilized only for the Purpose and subject to the

terms under the Transaction Documents. Any such disbursement made by the Co-Lenders into the Account (whether in

the name of the Borrower or any third party) shall be deemed to be the Loan granted by the Co-Lenders.

3.5 During the Cooling-off Period, the Borrower has the option to foreclose the Loan by paying the complete Loan

Amount. In such event, a one time processing fee will be retained by the Co-Lenders and an amount proportionate to

the Annualized Fixed Rate of Interest for the period until the closure of the Loan will be charged to the Borrower. In

order to know the amount payable, the Borrower has to click on the "Loan Foreclosure" tab on the KreditBee app to

know the full fees payable in respect of Loan Foreclosure. However, upon determining the fees, the Borrower has the

option to pay either (i) directly via KreditBee app by pressing and processing with the "Loan Foreclosure" option or (ii)

use any alternate payment methods available on the KreditBee app to pay the corresponding amount.

4. Interest and other fees

4.1 The Loan(s) shall carry Interest at the rate specified in the Loan Summary and the Transaction Documents.

4.2 The Borrower shall pay Interest on the Loan, the unpaid due interest and all other Outstanding Balances and

monies as specified in the Loan Summary.

4.3 In case of an Event of Default, Borrower will, to the extent permitted by Applicable Law, be required to pay the EMI

Bounce Charges and Penal Charges, as set out in the Transaction Documents.

4.4 The Borrower acknowledges and agrees that (i) the rates of Interest specified in the Transaction Documents are

reasonable and that they represent genuine pre-estimates of the loss expected to be incurred by the Co-Lenders in the

event of non-payment of any monies by the Borrower;

4.5 In case the Borrower wishes to make Part-Prepayment of the Loan before the Due Date, such Part-Prepayment will

be subject to Part- Prepayment Charges as mentioned in the Loan Summary and Transaction Documents along with

other conditions, as applicable to such Part-Prepayment.

4.6 In case the Borrower wishes to Foreclose the Loan before the Due Date, such Foreclosure will be subject to Loan

Foreclosure Charges as mentioned in the Loan Summary and Transaction Documents along with other conditions, as

applicable to such Foreclosure

5. Payments:

5.1 The Borrower shall make payment of each Instalment or any other payment under the Transaction Documents on or

before the respective Due Date. No Due Date shall exceed the Tenure of the Loan.

5.2 If the respective Due Date is not a Business Day, then the Borrower agrees that the payment shall be made on the

preceding Business Day.

5.3 All payments shall be made in freely transferable funds without any set off, counter claim or any deduction. The

Borrower shall not deduct or withhold any tax at source from the payment to be made to the Co-Lenders.

5.4 Notwithstanding anything to the contrary, the Co-Lenders may, at any time, cancel the undisbursed portion of the

Loan, if any, and can also recall any or all portion of the Loan on demand in the event of occurrence of an Event of

Default. Upon such recall, the Loan and other amounts stipulated by the Co-Lenders shall be payable forthwith.

5.5 The Borrower shall make repayment of the principal amount under the Loan(s) in such proportion and periodicity as

may be provided in the Transaction Documents or as communicated by the Co-Lenders from time to time

5.6 The Borrower may, subject to payment of the Loan Foreclosure Charges, pay the outstanding principal amounts of

the Loan in full along with accrued interest till the date of foreclosure, before the Due Date.

5.7 Part-Prepayment:

5.7.1 The Borrower shall have the option to Part Prepay any part of the outstanding principal amount, subject to

payment of Part-Prepayment Charges, in a manner as specified in the Transaction Documents, Sanction Letter,

Key Fact Statement and this Agreement.

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Signed By: SANSKRITI HASTA

i. In case the Borrower makes Part-Prepayment on any other date which is not falling on Due Date of Instalment

a. Firstly, towards overdue Instalments (if any);

b. Secondly, it should be appropriated towards immediately succeeding Instalment (if unpaid);

c. The amount remaining after payments made towards points a and b above, shall be subject to applicable

Part-Prepayment Charges, as set out in the Transaction Documents and applicable taxes over such Part-

Prepayment Charges, and

d. the balance amount after appropriation / payments of all the payments/charges as set out above, will be

appropriated towards outstanding principal amount as on date of such Part-Prepayment.

ii. In case the Borrower makes Part-Prepayment on any Due Date of the Instalment):

a. Firstly, towards due or overdue Instalments (if any);

b. The amount remaining after payments made towards points a above, shall be subject to applicable Part-

Prepayment Charges, as set out in the Transaction Documents and applicable taxes over such Part-

Prepayment Charges, and

c. the balance amount after appropriation / payments of all the payments/charges as set out above, will be

adjusted towards outstanding principal amount as on date of such Part-Prepayment.

5.8 Minimum Part-Prepayment amount:

I. If Customer make any Part Prepayment on any Due Date, then the minimum Part-Prepayment amount that is payable

by the Borrower shall be the sum of all overdue Instalments (if any) and Instalment due as on the date of Part-

Prepayment (if any) and principal amount of the upcoming Instalment.

II. If Customer make any Part-Prepayment on the date other than Due Date then the minimum Part-Prepayment amount

that is payable by the Borrower shall be the sum of all overdue Instalments (if any) and upcoming Instalment (if any)

and the principal amount of Instalment subsequent to the upcoming Instalment, as stated aforesaid.

5.9 If the Borrower fails to pay Outstanding Balance, and/or any amount payable on the Due Date, the Borrower

shall be liable to pay EMI Bounce Charges and Penal Charges and in case of a continuous default the Penal

Charges in the manner set out under these Transaction Documents.

6. Representations and Warranties:

6.1 The Borrower makes the following representations and warranties set out below the Co-Lenders:

6.1.1 The Borrower has the competence and has obtained all authorizations (which is in full force and effect) to

enter into and perform his/her obligations under the Transaction Documents;

6.1.2 The Loan once granted by the Co-Lenders under Transaction Documents constitutes legal, valid and

binding obligations of the Borrower enforceable in accordance with their respective terms;

6.1.3 The Borrower is in compliance with all Applicable Laws applicable to him / her and shall continue to abide

by the same

6.1.4 The entry into, delivery and performance by the Borrower of, and the transactions contemplated by the

Transaction Documents, do not and will not conflict: (a) with any Applicable Law; (b) with any document which is

binding upon the Borrower or on any of its assets;

6.1.5 Except to the extent disclosed to the Co-Lenders, no litigation, arbitration, administrative or other

proceedings are pending or threatened against the Borrower or its assets, which, if adversely determined, might

have a material adverse effect;

6.1.6 All information communicated to or supplied by or on behalf of the Borrower to the Co-Lenders, whether

directly or through the Lending Service Provider, from time to time, are true and fair/ true, correct and complete

in all respects as on the date on which it was communicated or supplied; and (b) Nothing has occurred since the

date of communication or supply of any information to the Co-Lenders which renders such information untrue or

misleading in any respect;

6.1.7 There is no existing event of default against the Borrower under any financing arrangement availed by the

Borrower from any creditor;

6.1.8 That there is no pending tax due against the Borrower,

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Signed By: SANSKRITI HASTA

laws) promulgated by any Sanctioning Authority; and

6.1.10 The Borrower has not taken any action and no other steps have been taken or legal proceedings started

by or against him in any court of law/ other authorities for its insolvency, bankruptcy on or in respect of any or all

of the assets of the Borrower.

6.1.11 The Borrower is not a Politically Exposed Person (PEP). PEP are individuals who are or have been

entrusted with prominent public functions in a foreign country including the heads of States/Governments, senior

politicians, senior government or judicial or military officers, senior executives of state-owned corporations and

important political party officials.

6.2 Each of the representations set out in Clause 6.1 shall be deemed to be repeated on each day during the Tenure of

the Loan

6.3 The Borrower confirms that the Borrower has not been declared as a wilful defaulter.

7. Covenants:

7.1 The Borrower shall provide all payment mandates including but not limited to electronic clearing service (ECS) or

national automated clearing house (NACH) mandate, as and when demanded by the Co-Lenders, to the Co-Lenders or

to any person nominated by the Co-Lenders.

7.2 The Borrower hereby covenants that (i) it shall observe and perform all its obligations under the Transaction

Documents; (ii) immediately deliver to the Co-Lenders all documents/information, including but not limited to bank

account statements as may be required by the Co-Lenders from time to time,

7.3 The Borrower shall immediately notify the Co-Lenders in writing regarding:

7.3.1 any litigations or legal proceedings against any Borrower;

7.3.2 any Event of Default;

7.3.3 all changes in the location/ address / place of business, other than what has been provided in the KYC

documents.

7.4 In case of any update in the know-your-customer ("KYC") information / documents submitted by the Borrower at the

time of establishment of lender-borrower relationship and thereafter, as necessary, Borrower shall submit to the Co-

Lender the update of such KYC information / documents, within 30 days of such update for the purpose of updating the

records at Co-Lenders.

7.5 Borrower shall ensure that all payment mandates including ECS and NACH mandate, if any, provided to the Co-

Lenders or to any person nominated by the Co-Lenders are honoured at all times and such mandates are not altered or

amended without prior permission of the Co-Lenders.

7.6 The Borrower states that all costs and expenses incurred by the Co-Lenders in the execution of these Transaction

Documents including any applicable stamp duty shall be borne solely by the Borrower.

7.7 The Borrower shall comply with all Applicable Laws (including any anti-money laundering laws and anti-terrorism

financing laws) respect to the end use of the Loan.

7.8 The Borrower shall ensure that the obligations under the Transaction Documents shall at least rank pari passu with

all its unsecured and unsubordinated obligations.

7.9 The Borrower irrevocably and unconditionally agrees that the Borrower shall indemnify and hold harmless the Co-

Lenders, severally and jointly, to the fullest extent permitted under Applicable Law, for all or any losses and liabilities

(including due to claims by a third party), incurred by the Co-Lenders as a result of acts or omissions of the Borrower or

any breach of any Transaction Documents by the Borrower.

7.10 The Borrower shall submit the details of financials, sales details, stock and book debts statement on such

periodicity as may be required by the Co-Lenders.

7.11 The Borrower shall promptly but not later than 5 days provide upon request of the Co-Lenders any further

document/information as maybe required by the Co-Lenders.

7.12 The Borrower undertakes to ensure that all information provided to the Co-Lenders shall remain true, valid and

correct at all times during the Tenure of the Loan.

7.13 The Borrower irrevocably and unconditionally agrees to indemnify the Co-Lenders for the misuse of Loan availed

from the Co-Lenders. The Borrower shall use the funds for the legitimate purpose only, as specified in the Loan

Summary.

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Signed By: SANSKRITI HASTA

7.14.1 use the fund for purchase of gold in any form, (including primary gold, gold bullion, gold jewellery, gold

coins, units of gold exchange traded funds (ETF) and units of gold mutual funds);

7.14.2 directly or indirectly: (a) use the Loan in any transaction with or for the purpose of financing the activities

of, any person/country currently subject to any sanctions by Sanctioning Authority; and (b) take part in or

financing any activity, production, use of, trade in, distribution of, or otherwise involved in any exclusion list; and

7.14.3 directly or indirectly, make or offer any payment, gift or other advantage which is intended to, or does,

influence or reward any person (whether or not they are in the public sector) for acting in breach of an

expectation of good faith, impartiality or trust or otherwise performing their function improperly.

7.14.4 use the funds to invest in any real estate activities, capital market, equity market, and to repay any

personal loan/ housing loan/ rupee loan or use of the funds for working capital or general corporate purposes.

7.15 The Borrower shall provide end use certificate in a form and manner satisfactory to the Co-Lenders if and as

requested by the Co-Lenders.

7.16 The Borrower shall promptly notify the Co-Lenders in writing upon occurrence of any breach of covenant or

representation or occurrence of Event of Default or any terms of the Transaction Documents and the steps, if any, being

taken to remedy it. Upon the breach being reported, the Co-Lenders may, without prejudice to any of its rights under law

or contract, in its sole discretion recommend implementation of corrective measures to remedy such breach in a form,

manner and time as may be necessary or desirable to the Co-Lenders.

7.17 Notwithstanding any of the provisions of the Indian Contract Act, 1872 or any other Applicable Law or anything

contained in the Transaction Documents, the amounts repaid by the Borrower shall be appropriated first towards cost,

fees and expenses and other monies; secondly towards interest on cost, fees and expenses and other monies; thirdly

towards Penal Charges, on the delayed payments fourthly towards interest payable under the Transaction Documents

and lastly towards repayment of any principal [Link], however that, the Co-Lender reserves the right to

appropriate the monies received in any other manner as it may deem appropriate in their sole and absolute discretion.

8. Event of Default:

8.1 The Borrower shall be deemed to have committed default on the occurrence of, inter-alia but not limited to, any one

or more of the following events (hereinafter referred to as "Event of Default") and upon the occurrence of any of any of

these events, the entire Outstanding Balance shall become immediately due and payable by the Borrower and further

enable the Co-Lenders to take, initiate and pursue any actions/proceedings as deemed necessary by the Co-Lenders

for recovery of the dues:

8.1.1 Default has occurred in the payment of any monies in respect of the Loan (whether at stated Due Date, by

acceleration or otherwise) under the terms of the Transaction Documents.

8.1.2 Default (other than a payment default) has occurred in the performance or misrepresentation of any

covenant, condition, and/or all or any part of the agreement or obligations here under on the part of the

Borrower under the Transaction Documents or providing fabricated or incorrect documents or information and

such default has continued for a period of 10 (ten) days after notice in writing thereof has been given to the

Borrower or as the case may be, to such other person, by the Co-Lenders (except where the Co-Lenders are of

the opinion that such default is incapable of remedy, in which event, no notice shall be required).

8.1.3 The Borrower has, or there is a reasonable apprehension that the Borrower would, voluntarily or

involuntarily become the subject of proceedings under any bankruptcy or insolvency law, or is voluntarily or

involuntarily dissolved, or declared insolvent, or if an attachment or distrait has been levied on the Borrower's

assets or any part thereof or certificate proceedings have been taken or commenced for recovery of any dues

from the Borrower or if one or more judgments or decrees have been rendered or entered against the Borrower

and such judgments or decrees are not vacated, discharged or stayed for a period of 30(thirty) days, and such

judgments or decrees involve in the aggregate, a liability which could have a material adverse effect.

8.1.4 Death of the Borrower, lunacy or any other circumstances leading to the borrower becoming legally

incapacitated to discharge his obligations herein,

8.1.5 Breach of any representation, warranty, declaration or confirmation made or deemed to be made under the

Transaction Documents including provisioning of incorrect information and/or documents.

8.1.6 The Borrower is unable or has admitted in writing its inability to pay any of its indebtedness as and when

they mature or become due.

8.1.7 The security, if any, for the Loan is in jeopardy or ceases to have effect in the sole opinion of the Co-

Lenders.

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Signed By: SANSKRITI HASTA

Documents.

8.1.9 The Borrower is in breach of any other loan/facility/any agreement with any other person/ entity.

8.1.10 The status of the Borrower changes from resident to non-resident.

8.1.11 If the Borrower is charged or convicted by any Court of law or Government / regulatory / supervisory

authorities for any penal/ criminal offence or offence of a moral turpitude.

8.1.12 An event of default howsoever described (or any event which with the giving of notice, lapse of time,

determination of materiality or fulfilment of any other applicable condition or any combination of the foregoing

would constitute an event of default) occurs under any agreement or any indebtedness of the Borrower or

becomes capable at such time of being declared, due and payable under such agreements before it would

otherwise have been due and payable.

8.1.13 One or more events, conditions or circumstances (including any change in Applicable Law) shall occur or

exist which could have a material adverse effect on the ability of the Borrower to fulfil obligations under this

Agreement.

8.1.14 The Borrower shall promptly notify the Co-Lenders in writing upon becoming aware of any default and the

steps, if any, being taken to remedy it

9. Consequences of Event of Default:

9.1 Upon occurrence of any Event of Default, the Co-Lenders shall jointly or severally be entitled at its absolute

discretion to inter alia:

9.2 Call upon the Borrower to pay forthwith the outstanding balance of the Loan together with Interest and all sums

payable by the Borrower to the Co-Lenders;

9.3 Call upon the Borrower to pay all claims, costs, losses and expenses that may be incurred by the Co-Lenders

because of any act or default on the part of the Borrower with respect to the Loan and/or for the recovery of the

outstanding dues (including legal/attorney fee) and/or on account of failure of the Borrower of any of the terms and

conditions under the Transaction Documents; and/or

9.4 Enforce any rights available to it under any law or contract.

9.5 The Lender 2 will initially undertake the recovery of Loan. Subsequently, the Lender 2 may, through the Lending

Service Provider or through its Debt Recovery Agents, undertake collection or recovery of the Loan from the Borrower.

For details of Lending Service Provider and the Debt Recovery Agents please refer to [Link]

10. Audit and Inspection

During the tenure of the loan, the Co-Lenders will regular monitor the loan account transaction of the Borrower to identify a

suspicion/indication of wrongdoing or fraudulent activity in the loan account of the Borrower. Further, the Borrower(s) hereby

permits the Co-Lenders through its authorised representatives/auditors (internal or external) or its agents shall to carry out

any audit/investigation/inspection of loan account. The costs and expenses of such audit/investigation/inspections and/or

audit shall be borne by the Borrower.

11. Confidentiality:

11.1 The Borrower undertakes to keep all the terms and conditions disclosed in the Transaction Documents and other

correspondence exchanged with the Co-Lenders as a part of the Loan as confidential and agrees not to disclose it to

any third party without taking a prior written consent from the Co-Lenders. However, the Co-Lenders shall have the right

to disclose the details of the Borrower to the authorities and Governmental bodies and other bureaus (including credit

bureaus) in order to comply with all the Applicable Laws and to any outsourced service providers and other third parties

for the purpose of enforcing any of their rights under these Transaction Documents and other correspondence

exchanged with the Co-Lenders, provided such disclosure is in compliance with Applicable Laws, including the

guidelines laid down by the RBI and any acts enacted for the protection of disclosure of personal data.

12. Online Transactions:

12.1 For ease of operation of the Borrower, Borrower shall have the option of applying for further facilities provided by

the Co-Lender using online secure DLAs of Lending Service Provider as may be specified by the Co-Lender

(hereinafter referred to as "Online Loan").The Online Loan shall be extended to the Borrower subject to the Borrower

complying with the Co-Lender's credit parameters and submitting all documents/information as may be required by Co-

Lender in such form as may be specified by the Co-Lender from time to time.

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Signed By: SANSKRITI HASTA

account of the Borrower opened whether with Co-Lenders, Lending Service Provider or the DLA is not compromised or

shared with any other individual / third party.

12.3 The Borrower expressly agrees and acknowledges to have read and understood the terms applicable for usage of

the Online Loan and be bound by such terms and conditions (as amended by the Co-Lenders from time to time) at all

times during the tenure of such Online Loan.

12.4 The Co-Lenders shall have no obligation to verify the authenticity of any transaction/instruction received or

purported to have been received from the Borrower through the Online Loan or purporting to have been sent by the

Borrower other than by means of verification of the Access Codes.

12.5 All the records of the Co-Lenders with respect to the online request for Loan arising out of the use of the Online

Loan shall be conclusive proof of the genuineness and accuracy of the transaction. While the Co-Lenders shall

endeavour to carry out the instructions promptly, they shall not be responsible for any delay in carrying on the

instructions due to any reason whatsoever, including due to failure of operational systems or any requirement of

Applicable Law.

12.6 Borrower can check the availability of a pre-approved offer that may be made by the Co-Lender through Online

Loan. Any pre-approved offer by the Co-Lender does not constitute grant of loan/ Loan(s) to the Borrower and shall be

subject to the terms as may be specified by Co-Lender from time to time.

12.7 Borrower acknowledges and accepts that the Co-Lender may permit/allow anybody quoting the correct Access

Codes and other details to conduct the type of operations which are permitted under the Online Loan.

13. Notices:

13.1 Any notice or request to be given or made by a party to the other shall be in writing. Such notice or request shall

be deemed to have been duly received by the party to whom it is addressed if it is given or made at the address

specified below or at such other address as may be agreed from time to time.

13.2 Any notice pursuant hereto shall be deemed to be duly given and served if sent by post/ courier/ telegram/

facsimile transmission/ e-mail addressed to the Borrower's address/es mentioned here in above or in such other

electronic mode duly notifying the Borrower and such notice other than by way of e-mail/ other electronic modes shall

be deemed to take effect on the second working day following the date of the posting or the actual date of receipt

whichever is earlier. If the notice is sent through e-mail or any other electronic mode, the notice shall be deemed to be

served when the relevant receipt of such notice being read is given, or where no read receipt is requested by the Co-

Lenders, at the time of sending.

13.3 For the Co-Lenders: Registered office address or corporate office address or branch office address as specified

in the Transaction Documents.

13.4 For the Borrower: The correspondence address as stated in the Borrower Details section of this Agreement.

However, in the event the Borrower is not reachable at his/her correspondence address, all correspondence and

interaction will be undertaken at the permanent address provided by the Borrower. The Co-Lenders may also agree to

act on the basis of request made via registered email ID of the Borrower. Provided however that a notice or

communication to any Borrower shall be deemed to be a notice or communication to other Borrower.

14. Governing Law and Jurisdiction:

14.1 Any and all claims and disputes arising out of or in connection with the Transaction Documents or its performance

shall be subject to the laws of India.

14.2 In the event of any disputes, differences, claims and questions whatsoever between the parties here to arising out

of or in connection with or incidental to or touching these Transaction Documents or the construction or application

thereof or any clauses or thing here in contained or in respect of any account and the duties, responsibilities and

obligations of either party here under or as to any act or omission of any party or as to any other matter in any way

relating to these Transaction Documents or the rights, duties and liabilities of either party under these Transaction

Documents, such dispute shall be referred to and settled by Arbitration in accordance with the Arbitration and

Conciliation Act, 1996 or any statutory modification or re-enactment thereof for the time being in force, such arbitration

being administered either physically through a recognised independent institution or electronically by an independent

institution, in accordance with such institution's Dispute Resolution Rules ("Rules"). The Party invoking the arbitration

("Claimant") shall address a notice to the other Party ("Respondent") suggesting the names of the recognised

independent institution ("Designated Institution"). The Respondent shall either: (i) Confirm in writing acceptance of the

Designated Institution to the Claimant within a period of ten (10) days from the date of notice ("Notice Period") ;or (ii)

Convey objection, if any, in writing to the Claimant, against the proposed name of the Designated Institution within the

said Notice Period and propose the name of an alternate recognised independent institution ("Alternate Institution").

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Signed By: SANSKRITI HASTA

receive the details of the Alternate Institution, the Claimant shall be entitled to request the Designated Institution to

nominate the sole arbitrator and such arbitrator shall be deemed to be appointed by both the Parties. In the event, the

Respondent conveys its objection as per (ii) above and proposes the Alternate Institution,the Claimant shall have a

period of ten (10) days to either accept or reject the appointment of such Alternate Institution. If the Claimant rejects the

appoint of the Alternate Institution, then the sole arbitrator will be appointed by a Court having jurisdiction.

14.3 The Parties agree that the aforesaid proceedings shall be carried out by a sole arbitrator appointed under the

Rules. The seat of the arbitration shall be at Bhubaneswar, India. The language of the arbitration shall be English. The

law governing the arbitration proceedings shall be Indian law. Each Party shall bear its own cost of arbitration, however

the losing party shall reimburse the winning party in respect of the costs incurred by the wining party in respect of the

arbitration. The decision of the arbitrator shall be final and binding on the parties. Subject to the above, the competent

courts at Bhubaneswar shall have exclusive jurisdiction.

14.4 The Co-Lenders shall be entitled at the sole risk and cost of the Borrower to engage one or more person(s) to

collect the Borrower's dues and shall further be entitled to share such information, facts and figures pertaining to the

Borrower as the Co-Lenders deem fit

14.5 The Borrower shall not assign or transfer all or any of its rights, benefits or obligations under the Transaction

Documents. Each Co-Lenders may, at any time, assign or transfer all or any of its rights, benefits and obligations under

the Transaction Documents without any consent or permission from the Borrower.

14.6 The Borrower acknowledges that the Co-Lenders have or may have business and other transactions with third

parties (including those who are in the business of manufacturing, supplying or otherwise dealing with any asset being

financed by the proceeds of this Loan) and hereby waives any conflict of interest that it may have on such arrangement.

Further, the Borrower acknowledges that any contract or arrangement between the Co-Lenders and such third parties

are independent of this Agreement.

14.7 Other than the fees and charges mentioned in the Transaction Documents, the Co-Lenders reserve the right to

amend this Agreement and Transaction Documents with prior intimation to the Borrower.

15. Taxes:

15.1 All the fees and fees mentioned in this Transaction Document shall be subject to applicable GST as per applicable

GST laws. Any Borrower who is not registered under Goods and Service Tax Act (GST) shall not be eligible to claim

input of GST paid on fees levied.

15.2 For the purpose of this clause, the term 'GST' or 'GST law' shall include the Central Goods and Services Tax

('CGST'), the State Goods and Services Tax ('SGST'), Integrated Goods and Services Tax ('IGST'), Union Territory

Goods and Services Tax ('UTGST') and any other taxes levied under the GST related legislations in India as may be

applicable. The term 'GST legislation/s' should be accordingly interpreted.

16. Electronic Execution:

16.1 For ease of operation of the Borrower, the Loan is being sanctioned and provided using an electronic secure

platform ("Platform") and the Borrower has consented to accept the Loan and the terms of such Loan (including the

Transaction Documents) through a one-time password, access code or other forms of secure authentication.

16.2 The Borrower acknowledges and accepts that on receipt of the one-time password, Access Code or other forms of

secure authentication, it shall be assumed that such authentication has been provided by the Borrower and it is the sole

responsibility of the Borrower to ensure that the one-time password, access code or other forms of secure

authentication is not compromised or shared with any unauthorized users.

16.3 Co-Lenders shall have no obligation to verify the authenticity of any transaction or instruction received or

purported to have been received from the Borrower through the Platform or purporting to have been sent by the

Borrower other than by means of verification of the one-time password, access code or other forms of secure

authentication. All the records of the Co-Lenders with respect to the online request for Loan arising out of the use of the

Platform and arising out of the use of the one-time password, access code or other forms of secure authentication shall

be conclusive proof of the genuineness and accuracy of the transaction and shall be binding on the Borrower.

16.4 The Borrower is aware that electronic communications involve certain risks including unauthorized alteration of

data and/ or unauthorized access by third parties thereof. Co-Lenders may (but shall not be obliged to) act as aforesaid

without inquiry as to the identity or authority of he Borrower giving or purporting to give any electronic instruction or as

to the authenticity of any electronic message and may treat the same as fully authorized by and binding on the

Borrower.

Page 18

Signed By: SANSKRITI HASTA

against all actions, suits, proceedings, costs, claims, demands, charges, expenses, losses and liabilities howsoever

arising in consequence of or in any way related to the Co-Lenders having acted or omitted to act in accordance with or

pursuant to any electronic instruction.

16.6 The Co-Lenders shall share the copy of the documents executed digitally between the Parties including Schedule-

Cum-Key Fact Statement, summary of products, sanction letter, terms and conditions, account statements, privacy

policies of any third party appointed by the Co-Lender to the Borrower's registered/verified email address/SMS to the

registered mobile number of the Borrower.

16.7 The Borrower also acknowledges that the execution of the Transaction Documents would be complete only once

the same is accepted by the Co-Lenders and all the conditions specified in the Transaction Documents are duly

complied by the Borrower. Subsequent to signing and acceptance of the Borrower as above, and by one of the Co-

Lenders, both the Co-Lenders and the Borrower shall be deemed to have accepted the Transaction Documents by any

of the modes mentioned below

i. online by way of Co-Lenders (jointly or severally) sending an email communicating such completion and attaching

there with the copy the Transaction Documents, or

ii. by way of counter-signing or initialling by the hands of its officer on the Transaction Documents or

iii. by way of electronic signature (e-sign) or digital signature by its/their [Link] signing or acceptance of the

Transaction Documents by the Borrower(s), and one of the Co-Lenders the Transaction Documents and any

electronic copy made by/on behalf of the Co-Lenders thereof shall be deemed and treated as the original

Transaction Documents. The Co-Lenders may print paper copies of the electronic record or produce in any such

form at its discretion, of the Transaction Documents and/or of logs/records of signing by the Borrower as aforesaid,

and the same shall be fully binding on the Borrower. The Borrower has no objection to such print-outs or any such

other form (in the discretion of the Co-Lenders) being produced by the Co-Lenders including in evidence in any

court, tribunal or otherwise, to prove the signing, acceptance, execution as above, as well as the contents of the

Transaction Documents.

17. Grievance Redressal Mechanism

17.1 Grievance Redressal Mechanism of the Lending Service Provider:

17.1.1 Borrower can raise their concerns pertaining to the Lending Service Provider, Instalment schedule, Loan

Type, Processing Fee and/ or any other fees or any other concern related to the Loan to authorised

representatives of Finnovation Tech Solutions Private Limited as below. Please refer to

[Link] for the updated Grievance Redressal Policy information.

17.1.2 Grievance Redressal Officer

Borrowers are requested to address all their grievances at the first instance to the Grievance Redressal

Officer. The contact details of the Grievance Redressal Officer are :

Ms. Asharani

Company: Finnovation Tech Solutions Private Limited

Address: 4th Floor, Anjaneya Techno Park, No. 147, HAL Old Airport Road,

ISRO Colony, Kodihalli, Bengaluru- 560008, Karnataka

Contact: 080-44292200 / 080-68534522

Email: help@[Link]

17.1.3 The Grievance Redressal Officer may be reached on the number provided above anytime between 10:00

to 19:00 from Monday to Saturday except public holidays or through the e-mail address above. The Grievance

Redressal Officer shall endeavor to resolve the grievance within a period of 14(fourteen) days from the date of

receipt of a grievance.

17.1.4 Nodal Officer

If the Borrower does not receive a response from the Grievance Redressal Officer within 14(fourteen) days of

making a representation, or if the Borrower is not satisfied with the response received from the Grievance

Redressal Officer, the Borrower may reach the Nodal Officer on the number below anytime between 10:00 to

19:00 from Monday to Saturday except public holidays or write to the Nodal Officer at the e-mail address

below. The contact details of the Nodal Officer are provided below.

Mr. Abhishek Kumar

Page 19

Signed By: SANSKRITI HASTA

Address: 4th Floor, Anjaneya Techno Park, No. 147, HAL Old Airport Road,

ISRO Colony, Kodihalli, Bengaluru- 560008, Karnataka

Contact: 080-44292233 / 080-68534501

Email: grievance@[Link]

17.2 Grievance Redressal Mechanism of the Co-Lenders

17.2.1 Grievance Redressal Officer

Borrowers are requested to address all their grievances at the first instance to the Grievance Redressal

Officer. The contact details of the Grievance Redressal Officer are:

For Lender-1 :

Mr Krishna Kumar K.P.

Designation: Grievance redressal officer/ Principal Nodal officer

Address: ASV Adarsh Complex, 719, Pathari Road, off Mount road, Near Thousands Light Metro station,

Behind Raj video vision, Anna Salai, Chennai 600002

Contact:: 044-40906114

Email: gro@[Link] and Principalnodalofficer@[Link]

The Lender 1 has laid out a detailed grievance redressal mechanism in line with the extant guidelines of RBI.

The grievance redressal mechanism and contact details are available at

[Link] for Lender 1

For Lender-2 :

Mr. Sauraw Kumar

Address: 3rd Floor, No. 128/9, Maruthi Sapphire, HAL Airport Road

Murgesh Palya, Bangalore, Karnataka -560017

Alternate Address: 10th Floor, Plot No E/3, Khata No 612, Infinia Tower,

Chandrasekhapur, Bhubaneswar, Odisha-751024

Contact: 080-44292555 / 080-68534555

Email: reachus@[Link]

17.2.2 The Grievance Redressal Officer may be reached on the number provided above anytime between 10:00

to 19:00 from Monday to Saturday except public holidays or through the e-mail address above. The Grievance

Redressal Officer shall endeavour to resolve the grievance within a period of 14(fourteen) days from the date of

receipt of a grievance.

17.2.3 Nodal Officer

If the Borrower does not receive a response from the Grievance Redressal Officer within 14(fourteen) days of

making a representation, or if the Borrower is not satisfied with the response received from the Grievance

Redressal Officer, the Borrower may reach the Nodal Officer on the number below anytime between 10:00 to

19:00 from Monday to Saturday except public holidays or write to the Nodal Officer at the e-mail address

below. The contact details of the Nodal Officer are provided below.

Lender-2

Ms. Meghna Shah

Address: 3rd Floor, No. 128/9, Maruthi Sapphire, HAL Airport Road

Murgesh Palya, Bangalore, Karnataka -560017

Contact: 080-44292244 / 080-68534544

Email: grievance@[Link]

17.3 Complaints to Ombudsman

Page 20

Signed By: SANSKRITI HASTA

Officer within 1(one) month from the date of making a representation to the Co-Lenders, or if the Borrower is not

satisfied with the response so received, a complaint may be made in accordance with the 'Reserve Bank-

Integrated Ombudsman Scheme, 2021' ("Ombudsman Scheme") to the Ombudsman in whose jurisdiction the

office of the Co-Lenders complained against, is located. For contact details of the Ombudsman and for salient

features of the Ombudsman Scheme, please refer to website [Link]

respectively. A copy of the Ombudsman Scheme is available on the website of the Reserve Bank of India at

[Link] and also with our Nodal Officer.

Page 21

Signed By: SANSKRITI HASTA

Part A - Key Facts Statement

Part 1 (Interest rate and fees/charges)

1 Loan Proposal/Account No. KB250304NYMIB Type of Loan Personal

Lender 1 - 50400

2 Sanctioned Loan Amount (in Rupees) Lender 2 - 12600

Total Amount - 63000

Disbursal Schedule

i. Disbursement in stages or 100% upfront.

3 100% Upfront
ii. If it is stage wise, mention the clause of loan agreement

having relevant details

4 Loan Term(months) 9 months

5 Instalment details

Commencement of repayment, post

Types of Instalments Number of EPIs EPIs*
sanction**

Monthly 9 7811 35 Days

6 Interest rate (%) and type (fixed or floating or hybrid) 22 % Fixed p.a.

7 Additional Information in case of Floating rate of interest

Benchmark Final Rate (%) Reset Impact of change in the reference

Reference Spread (%)
Rate (%) periodicity benchmark (for 25 bps change in 'R',
Benchmark (S)
B R = (B) + (S) (Months) change in)

NA NA NA NA NA | NA NA | NA

8 Fee/Charges

Payable to a third party through RE

Payable to RE (A)
(B)

Amount (in Rs) or

One time/ Amount (in Rs) or Percentage(%) as One-time/
Percentage(%) as
Recurring applicable Recurring
applicable

Lender 1: Rs. 0

(i) Processing fees [INR] One-time Lender 2: Rs. 3014

Total PF: Rs. 3014

Insurance charges
(ii) One-time Rs. 755
[INR][Optional]

Credit information

I Report Fees[INR] One-time Rs. 50

[Optional]

II Loan Documentation One-time Rs. 10

Fees

Page 22

Signed By: SANSKRITI HASTA

Fees]

Goods and Service

III One-time Rs. 552 One-time Rs. 136
Tax (INR)

9 Annual Percentage Rate (APR) (%) 37.08%

10 Details of Contingent Charges (in Rs or %, as applicable)

Penal Charges - Penal Charges for a continuing

default in repayment of EMI from day 2 and

continuing for maximum of 180 days shall be

calculated at an annualized rate of 36% p.a which

will be applicable per day on principal overdue*

amount *round to nearest rupee. No penalty

charges will be levied beyond the period of 180

days if an EMI continues to remain outstanding

beyond such period of 180 days. For the avoidance

of doubt, it is hereby clarified that the EMI Bounce

(i) Penal charges, if any, in case of delayed payment Charges and Penal Charges will be calculated on

the principal overdue amount only and shall be

levied distinctly and separately from the

components of the principal overdue amount and

the loan interest. These charges are not added to

the rate of interest against which the loan has been

advanced and are also not subject to any further

interest. Please note that these charges are

calculated in a manner so as to be commensurate

to the default and are levied in a non-

discriminatory manner for this loan product.

EMI Bounce Charges - This EMI Bounce Charge

will only apply on the first occurrence of the EMI

(ii) Other penal charges, if any repayment default. It shall be calculated at the

lower of: (i) 4 % of the principal amount forming

part of the bounced EMI or (ii) Rs. 500

May be applicable at the discretion of Co-Lenders. If

the Borrower chooses to foreclose the Loan, Loan

(iii) Foreclosure Charges Foreclosure Charges shall be the amount, being the

higher of, (i) 4% of the principal amount outstanding as

on the due date of foreclosure or (ii) Rs. 50

Charges for switching of loans from floating to fixed rate and vice
(iv) NA
versa

Any other charges (please specify)

Retained Processing Fee(INR) (In case of Loan Closure during

Rs.1260
Cool Off Period)

Part Prepayment Charges * If the Borrower makes Part-Prepayment of the Loan

Amount on any other date which is not falling on Due

Date of the Instalment(not amounting to Foreclosure),

the Borrower shall be required to pay Part -

Prepayment Charges at 4%, of the principal amount

prepaid, after adjusting any overdue amounts, and/or

immediately succeeding Instalment.

Page 23

Signed By: SANSKRITI HASTA

Amount (not amounting to Foreclosure), on any Due

Date of the Instalment, the Borrower shall be required

to pay Part-Prepayment Charges at 4%, of the

principal amount prepaid, after adjusting any due,

and/or overdue amounts.

Part 2 (Other qualitative information)

Clause 9.5

The Lender 2 will initially undertake the recovery of Loan. Subsequently,

the Lender 2 may, through the Lending Service Provider or through its

Debt Recovery Agents, undertake collection or recovery of the Loan from

the Borrower. For details of Lending Service Provider and the Debt
Clause of Loan agreement relating to
1 Recovery Agents please refer to [Link]
engagement of recovery agents
Clause 14.4

The Co-Lenders shall be entitled at the sole risk and cost of the

Borrower to engage one or more person(s) to collect the Borrower's dues

and shall further be entitled to share such information, facts and figures

pertaining to the Borrower as the Co-Lenders deem fit.

Clause 17

The grievance redressal mechanism for Lender 1 is available at

Clause of Loan agreement which details
2 [Link]
grievance redressal mechanism
The grievance redressal mechanism for Lender 2 is available at

reachus@[Link]

Phone number and email id of the

3 Grievance Officer/Nodal Officer for Lender 1 -
nodal/grievance redressal officer
Name: Mr Krishna Kumar K.P.

Contact: 044-40906114

Email: gro@[Link]

Grievance Officer for Lender 2 -

Name: Mr. Sauraw Kumar

Contact: 080-44292555 / 080-68534555

Email: reachus@[Link]

Nodal Officer for Lender 1 -

Contact: 044-40906114

Email: Principalnodalofficer@[Link]

Nodal Officer for Lender 2 -

Name: Ms. Meghna Shah

Contact: 080-44292244 / 080-68534544

Email: grievance@[Link]

Grievance Officer for DLA/LSP -

Name: Ms. Asharani

Contact: 080-44292200 / 080-68534522

Email: help@[Link]

Nodal Officer for DLA/LSP -

Name: Mr. Abhishek Kumar

Contact: 080-44292233 / 080-68534501

Page 24

Signed By: SANSKRITI HASTA

Whether the loan is, or in future maybe,

Lender 1 : Yes
4 subject to transfer to other REs or
Lender 2 : Yes
securitisation (Yes/ No)

In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing), following additional details
5
may be furnished:

Name of originating RE, along with Name of the partner RE, along with its
Blended rate of interest
its funding proportion proportion of funding

Krazybee Services Private Limited Cholamandalam Investment and Finance

22 % Fixed p.a.
(Lender 2 ) 20% Company Limited (Lender 1 ) (80%)

6 In case of digital loans, following specific disclosures may be furnished:

Cooling off/look-up period, in

terms of the Co-Lender's

board approved policy,

i 3 days
during which borrower shall

not be charged any penalty

on prepayment of loan

For the purpose of undertaking collection and recovery of the Loan, the Lender will initially
Details of LSP acting as
undertake the recovery of Loan. Subsequently, the Lender may, through the Lending
recovery agent and
ii Service Provider or through its Debt Recovery Agents, undertake collection or recovery of
authorised to approach the
the Loan from the Borrower. For details of Lending Service Provider and the Debt
borrower
Recovery Agents please refer to [Link]

* The first EPI amount captured shall include the broken period interest (if applicable). For the remaining EPI amount, please

refer to the Repayment Schedule under this Transaction Documents.

** Commencement of the repayment may vary based on the actual date of disbursement of the Loan. In such scenarios a

revised Repayment Schedule shall be shared with the Borrower.

Page 25

Signed By: SANSKRITI HASTA

THE MOST IMPORTANT TERMS AND CONDITIONS - MITC

1. We refer to the Transaction Documents for grant of the Loan.

2. Capitalized terms used but not defined hereunder shall have the meaning ascribed to the term in other Transaction Documents.

3. The Borrower acknowledges and confirms that the below mentioned are the most important terms and conditions in the

Transaction Documents in relation to the Loan (and which would apply to the Borrower in respect of the Loan, upon disbursal of

the Loan by the Co-Lenders) and they shall be read in conjunction with the Loan Summary(s), and the Agreement

Name SANSKRITI HASTA

Account Type Personal

Purpose Personal reason (or such other purpose as may be approved by the Co-Lenders from time to time)

Lender 1 - INR 50400 towards personal loan

Loan Amount Lender 2 - INR 12600 towards personal loan

Total Loan Amount (Principal Loan Amount) - INR 63000 towards personal loan

Tenure 9 months

Annualized Fixed Rate of

22%
Interest: (% Per Annum)

If the Borrower makes Part-Prepayment of the Loan Amount on any other date which is not falling

on Due Date of the Instalment(not amounting to Foreclosure), the Borrower shall be required to pay

Part - Prepayment Charges at 4%, of the principal amount prepaid, after adjusting any overdue
Part Prepayment Charges
amounts, and/or immediately succeeding Instalment.
(INR)
If the Borrower makes Part-Prepayment of the Loan Amount (not amounting to Foreclosure), on any

Due Date of the Instalment, the Borrower shall be required to pay Part-Prepayment Charges at 4% ,

of the principal amount prepaid, after adjusting any due, and/or overdue amounts.

May be applicable at the discretion of Co-Lenders. If the Borrower chooses to foreclose the Loan,
Loan Foreclosure
Loan Foreclosure Charges shall be the amount, being the higher of, (i) 4% of the principal amount
Charges (INR)
outstanding as on the due date of foreclosure or (ii) Rs. 50

This EMI Bounce Charge will only apply on the first occurrence of the EMI repayment

EMI Bounce Charge (INR) default. It shall be calculated at the lower of: (i) 4 % of the principal amount forming part of

the bounced EMI or (ii) Rs. 500

Penal Charges for a continuing default in repayment of EMI from day 2 and continuing for

maximum of 180 days shall be calculated at an annualized rate of 36% p.a which will be

applicable per day on principal overdue* amount *round to nearest rupee. No penalty

charges will be levied beyond the period of 180 days if an EMI continues to remain

outstanding beyond such period of 180 days. For the avoidance of doubt, it is hereby

clarified that the EMI Bounce Charges and Penal Charges will be calculated on the principal
Penal Charges (INR)
overdue amount only and shall be levied distinctly and separately from the components of

the principal overdue amount and the loan interest. These charges are not added to the rate

of interest against which the loan has been advanced and are also not subject to any further

interest. Please note that these charges are calculated in a manner so as to be

commensurate to the default and are levied in a non-discriminatory manner for this loan

product.

Page 26

Signed By: SANSKRITI HASTA

Cooling-off Period 3 days

Repayment Schedule As per Annexure C

Retained Processing Fee

(INR) (In case of Loan

1260
Closure during Cool Off

Period)

4. The Borrower understands that the Co-Lenders have adopted risk-based pricing, which is arrived at by taking into

account, broad parameters like the Borrower financial and credit profile.

5. The Borrower acknowledges and confirms having received a copy of each Transaction Document and agrees that this

letter is a Transaction Document.

Page 27

Signed By: SANSKRITI HASTA

Repayment Schedule

Outstanding
Installment Principal Interest Instalment
Principal Due Date
No. (in Rupees) (in Rupees) (in Rupees)
(in Rupees)

1 63000 6502 1309 8 Apr 2025 7811

2 56498 6621 1036 8 May 2025 7657

3 49877 6743 914 8 Jun 2025 7657

4 43134 6866 791 8 Jul 2025 7657

5 36268 6992 665 8 Aug 2025 7657

6 29276 7120 537 8 Sep 2025 7657

7 22156 7251 406 8 Oct 2025 7657

8 14905 7384 273 8 Nov 2025 7657

9 7521 7521 138 8 Dec 2025 7659

The Co-Lenders shall be classifying and/or reporting the Borrower's loan account as a stressed loan account in

accordance with Applicable Laws. In this regard, the Borrower must note the following illustrations:

i. If the Due Date for repayment of an Installment is March 31st and the Borrower fails to pay the relevant Installment amount on

such date in full before the closure of the day-end process, the loan account of the Borrower shall be classified and reported as

overdue with effect from March 31st.

ii. If the aforesaid Installment amount continues to remain overdue for a period of 30 days from the Due Date, that is, the Borrower

fails to pay the relevant Installment amount in full before the closure of the day-end process on the 30th day from the Due Date,

the loan account of the Borrower shall be classified and reported as a special mention account-1 ("SMA-1") on April 30th.

iii. If the aforesaid Installment amount continues to remain overdue for a period of 60 days from the Due Date, that is, the Borrower

fails to pay the relevant Installment amount in full before the closure of the day-end process on the 60th day from the Due Date,

the loan account of the Borrower shall be classified and reported as a special mention account-2 ("SMA-2") on May 30th

iv. If the aforesaid Installment amount continues to remain overdue for a period of 90 days from the Due Date, that is, the Borrower)

fails to pay the relevant Installment amount in full before the closure of the day-end process on the 90th day from the Due Date,

the loan account of the Borrower shall be classified and reported as a non-performing asset ("NPA") on June 29th.

v. A loan account that has been classified as NPAs by the Co-Lenders may be upgraded as "standard" asset only if entire arrears of

Installment are paid by the Borrower to the Co-Lenders.

vi. Note: Illustrations provided above are only indicative of the classification and reporting practices that will be followed by the Co-

Lenders and do not dilute the liability of the Borrower to pay the entire Repayment amounts due and payable by the Borrower to

the Co-Lenders.

(Note: The Due Date, Interest and repayable amount is subject to change as per the disbursement date of the Loan

Amount.)

ACKNOWLEDGEMENT: Co-Lenders acknowledges receipt of your Loan Summary together with the Transaction

Documents. We will revert within 5 working days subject to furnishing the necessary documents to Co-Lender's

satisfaction.

Annexure D

ADDITIONAL TERMS AND CONDITIONS FOR LENDER 1

Not Applicable

Annexure E

ADDITIONAL TERMS AND CONDITIONS FOR LENDER 2

Page 28

Signed By: SANSKRITI HASTA

Page 29

Signed By: SANSKRITI HASTA

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