SANCTION LETTER & KEY FACT STATEMENT
Name of the Regulated Proposal Proposal
Date Applicant Name
entity Number Validity
29-08- Yashik Finlease Private MUSTAK
250827194 01-09-2025
2025 Limited KHAN
Yashik Finlease Private Limited is pleased to inform that the Borrower (hereinafter defined below)
is eligible for a Loan.
The Loan is facilitated through the technology platform Varrenyam Infotech Private Limited as a
result of an arrangement between the Yashik Finlease Private Limited and Varrenyam Infotech
Private Limited (Lending Service Provider).
We are pleased to inform you that with reference to your above transaction / application, we have
inprincipal sanction you a loan facility, the details of which are as below:
1 Lender Yashik Finlease Private Limited
Lending Service Provider (LSP) / Digital
2 Varrenyam Infotech Private Limited
Lending App (DLA)
3 Application ID 250827194
4 Applicant Details
Name MUSTAK KHAN
Loha Mandi naubasta ,Agra,Uttar
Address
Pradesh,282002
Occupation Salaried
Date of Birth 01-01-1980
PAN Number EKAPK9915G
Mobile 7900589363
Email ID mustakkhan941107@[Link]
5 Purpose Medical Emergency
Bank Transfer to Account No.:
6 Disbursement Mode
43649719495
7 Down Payment (if any) -
8 Tenure (in months) 1
Sr.
Parameter Details
No.
Loan amount (amount disbursed/to be
(i) 10000
disbursed to the borrower) (in Rupees)
Total interest charge during the entire tenure
(ii) of the loan (Interest to be paid as a part of 875
EMIs) (in Rupees)
Other up-front charges, if any (break-up of
(iii) each component to be given below) (in NIL
Rupees)
(a) Processing fees, if any (in Rupees) 826.0000000000001
(b) Insurance charges, if any (in Rupees) NIL
(c) Others (if any) (in Rupees) (details to be
100.0
provided)
(iv) Net disbursed amount ((i)-(iii)) (in Rupees) 9174.0
Total amount to be paid by the borrower (sum
(v) 10875.0
of (i), (ii) and (iii)) (in Rupees)
Annual Percentage Rate - Effective
(vi) 222.50
annualized interest rate (in percentage)
(vii) Tenure of the Loan (in months/days) 1 months
(viii) Repayment frequency by the borrower Monthly
(ix) Number of instalments of repayment 1
Amount of each instalment of repayment (in
(x) 10875
Rupees)
Details about Contingent Charges
(xi) Prepayment charges (if any) Detailed as under
Rate of annualized penal charges in case of
(xii) Detailed as under
delayed payments (if any)
Rate of annualized other penal charges (if
(xiii) NIL
any)
(xiv) NACH/e-mandate bounce charges INR 250+GST
(xv) SOA charges, if applicable NIL
Other disclosures
Cooling off/look-up period during which
(xvi) borrower shall not be charged any penalty on 3 Days
prepayment of loan
Details of LSP acting as recovery agent and
(xvii) Varrenyam Infotech Private Limited
authorized to approach the borrower
Name :[Link]
Name, designation, address and phone Designation: Manager (Compliance)
number of nodal grievance redressal officer Address: 4th floor, 410, Enkay Center,
(xviii) Vanijya Nikunj, WING A, Plot No A, Udyog
designated specifically to deal with FinTech/
Vihar, Phase-V, Gurugram, Haryana-122016
digital lending related complaints/ issues
Email : support@[Link]
Repayment Schedule (Tentative)
Outstanding Principal Interest Instalment
Instalment Due
Principal (in (in (in
No. Date
(in Rupees) Rupees) Rupees) Rupees)
06-10-
1 10000 10000 875 10875
2025
General Terms & Conditions:
1. This Sanction Letter has been issued based on the documents and details submitted by the
Applicant at the time of application, and in case of any discrepancy found later, Lenders
shall have a right to revoke this Sanction Letter.
2. Applicant may need to provide certain additional details or documents as required by the
Lenders at the time of actual disbursal of the loan.
3. The actual disbursal of the sanctioned amount shall be subject to: -
• Acceptance of the Loan Agreement between the parties, which shall be the final,
binding, and superseding document for all purposes for this relationship between you
and the Lenders, and
• Applicant providing express consent to the Tenure and Interest Rate offered to him
under the KFS by accepting the Loan Agreement.
4. The Applicant can withdraw multiple times within the validity of the Sanction Letter,
however such disbursed amount shall in no case be more than the Amount Sanctioned and
detailed out in the table above.
5. We provide a waiver of 18% interest (including GST) on the outstanding amount as
Prepayment Charges.
6. For Rate of annualized penal charges in case of delayed payments we charge Minimum INR
590 including GST & Maximum upto INR 875 (Loan Interest Amount including GST)
7. The Lenders shall have all the rights to revoke the Sanction Letter if the same is not
accepted within [ 5 ] days from the date of the letter.
8. APR is effective annualized interest rate (in percentage) computed on net disbursed amount
using IRR approach and reducing balance method.
9. Applicant may within Cooling -Off Period /Look-up Period repay the principal Loan
amount along with proportionate APR without the requirement to pay any Prepayment
charges. The Applicant continuing with the Loan after Cooling off period/Look-up Period
shall be liable to Pre-payment charges as detailed above/under the KFS.
10. In the event of a conflict between the Sanction Letter and the Loan agreement, the Loan
agreement shall prevail to the extent of conflict.
11. As a precondition to the facility to be granted to the customer by the Lenders, the Customer
hereby authorize, consent and agree for the disclosure and sharing by the Lenders of all or
any information and data relating to the Customer to the Reserve Bank of India ("RBI")
and/or to the Credit Information Companies (CIC) and/or to any other agency authorized in
this behalf by RBI / CIC, to the Lenders' professional advisers and consultants, to its
affiliates/ subsidiaries, agents, and to its service providers. In case of default in the
repayment of the loan/advances/facility/interest on due dates, Lenders and/or the RBI / CIC
will have an unqualified right to disclose or publish the name of the customer and its
directors / partners as defaulter in such manner and through such medium as Lenders or the
RBI in their absolute discretion may think fit.
12. For information regarding Privacy: Please visit [Link]
I hereby acknowledge that I have read, understood, and accept the terms and rates specified in
the Loan Proposal.
Acknowledgement Date: 29-08-2025 [Link]
MUSTAK KHAN
