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Invoice 12313244

The loan application for Anamika Agrawal has been approved for an Ather 450X vehicle with an approved loan amount of 127668.00 INR, requiring a down payment of 14186.00 INR. This approval is valid for 7 days, and disbursement is contingent upon the submission of necessary documents. The dealer is responsible for hypothecating the vehicle within 10 days of disbursal, and any discrepancies must be corrected promptly.

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11 views2 pages

Invoice 12313244

The loan application for Anamika Agrawal has been approved for an Ather 450X vehicle with an approved loan amount of 127668.00 INR, requiring a down payment of 14186.00 INR. This approval is valid for 7 days, and disbursement is contingent upon the submission of necessary documents. The dealer is responsible for hypothecating the vehicle within 10 days of disbursal, and any discrepancies must be corrected promptly.

Uploaded by

khushbupan6
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Date: 2024-05-11

To: ANAMIKA AGRAWAL

LOAN APPROVAL LETTER

Dear Sir,

We are pleased to inform you that the loan application of ANAMIKA AGRAWAL has been approved vide
approval no. 90008500141 as per the details mentioned below.

SFDC ID 90008500141
Location JHARKHAND
Name of Customer ANAMIKA AGRAWAL
Brand Name Ather
Model Name Ather 450X
Sub Model Plus
Name of Dealer/DSA -
Scheme description UB EBC
Customer address SERAIKELA-KHARSAWAN JHARKHAND 831002

The disbursement break up would be as under:

Asset Cost(ORP) 141854.00


Loan Amount Approved 127668.00
Down Payment Required 14186.00
Processing Fee -
Net Disbursal -
GST Amount 0.00

The dealer/channel hold the responsibility to hypothecate the vehicle in the name of undersigned within
10 days of disbursal. (IDFC First Bank Ltd) In case of anymismatch in hypothecation dealer/channel
will have to facilitate correction within 10 days from date of intimation.

Thanking you,
For IDFC First Bank Ltd
Notes:

This Approval Letter is valid for 7 days from the date of issue. For whatever reason, if the loan is not
disbursed within 7 days of issuance of this letter, then Bank will not be liable to pay the Dealer.
Kindly note this is only a conditional approval document. The vehicle may be delivered basis this
document but actual disbursement is conditional to dealer/customer providing requisite post documents,
e.g., Agreement, PDC/ECS, KYC, insurance, invoice, RCU approval, etc.
In case, it is later found that the customer had taken a different vehicle from the dealer than the one
specified in the invoice provided, then Bank will not be liable to pay for that case. In case amount is
transferred already, Bank is allowed to adjust the same from subsequent disbursals.
In case there are any changes to the scheme after issuance of the sanction letter then only a fresh sanction
letter incorporating the impact of the changes will be valid and the disbursement amount may change
accordingly.

This is a system-generated letter and doesn’t require a signature.

IDFC First Bank Limited (Formerly IDFC Bank Limited)


Naman Chambers, C 32, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Tel: +91 22 2654 0354
Registered Office : KRM Towers, 7th Floor,No. 1, Harrington Road,Chetpet, Chennai 600031. Tel: +91 44 4564 4000
Fax: +91 44 4564 4022
CIN : L65110TN2014PLC097792 [email protected] www.idfcfirstbank.com

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