Date: 15-11-2024
To,
Name: BOKARA CHANDINI SAI,
Address: D/O Bokara
Gopalarao, 1-17-9, Adarsa
Nagar, Near Sivaji Park,
Pedawaltair, L B Colony,
Visakhapatnam (urban),
Visakhapatnam,
Visakhapatnam (Urban),
Andhra Pradesh, India, ,
Visakhapatnam, ANDHRA
PRADESH, 530017
Email: [email protected]
Sub- Demand Legal Notice against Loan ID KB240905EAXXU
Dear Sir / Madam,
This is to bring to your kind attention that You, the Noticee, have availed a loan facility for a sum of
INR 9000 ("Loan") bearing Loan ID KB240905EAXXU from Krazybee Services Private Limited
("Lender") on 05-09-2024 through KreditBee platform. Accordingly, you entered into a Loan agreement
dated 05-09-2024 and other related documents with the Lender (together hereinafter referred as
"Transaction Documents").
As per the terms and conditions outlined in the Transaction Documents, you were obligated to repay
the Loan, including interest, fees, and other charges, by the due dates. However, you have not paid
the amount of INR 2038 ("Overdue Amount") toward the EMI for the month of November, 2024.
Despite our numerous reminders via phone calls and messages, the Overdue Amount remains unpaid
to date. This has led to breach of the covenants of the Transaction Documents. Further, we want to
inform you that if you do not pay the Overdue Amount and comply with this notice, we, the Lender:
i. will have the right to share your default details with Credit Information Companies (CICs)
viz: Transunion CIBIL Limited; Experian Credit Information Company of India Private
Limited; Equifax Credit Information Services Private Limited and CRIF High Mark Credit
Information Services Private Limited. Do note that all the Banks and Non- Banking Financial
Companies provide credit facilities after verification of the credit history of the customer from
CICs, a default history against your name could jeopardize your future credit
raising/borrowing.
ii. may, as per standard terms and conditions recall the entire loan advanced in view of the
default(s) committed by you in repaying the EMIs as per repayment schedule.
Therefore, we hereby request you, the Noticee to treat this notice with utmost seriousness and
arrange to repay INR 2038 within 10 days from the date of receipt of this notice, failing which we shall
be constrained to initiate appropriate Civil / Criminal proceedings against you at your cost and
consequence.
Please treat this notice as our final notice; you may ignore it at your own risk and cost.
Please feel free to contact us at [email protected] or call at +91-8044292323 if you have any
questions or need clarification.
This notice has been issued without any prejudice to our rights and remedy.
Note: Incase, you have already made the Overdue Amount before receipt of this notice, please ignore
the same or send us the valid receipt at [email protected].
For Krazybee Services Private Limited
(Authorized Signatory)
