Arrangement Letter

To, STATE BANK OF INDIA

Mr. Hari Venkata Suryanarayana HINDUSTAN SHIPYARD,
SasthriBAJI JUNCTION GANDHIGRAM,
SRINIVASANAGAR, VSP,
GOPALAPATNAM, VISAKHAPATNAM, VISAKHAPATNAM,
VISAKHAPATNAM, ANDHRA PRADESH, PIN- 530005
ANDHRA PRADESH,
PIN- 530027

Date:
Dear Sir/Madam,

Advances: Personal Loan

Scheme: SBI Personal Loan
Facility: Term Loan/ Overdraft
Loan Amount: 5,00,000.00

With reference to the Borrower’s application dated 13/05/2025, we hereby sanction to the Borrower a
term loan (Loan) of ₹ 5,00,000.00 ₹(Rupees five lakh only) on the following terms and conditions:

1. Purpose
The Loan is sanctioned to the Borrower as per the application dated 13/05/2025 for the purpose of
the Loan, as mentioned in the application. For the avoidance of doubt, it is clarified that the Loan
will not be used for any speculative purposes, or any purpose prohibited by law.

2. Rate of Interest and Penal Charges

Interest on the Loan will be charged on a daily reducing balance at monthly rests, which shall be
the aggregate of Spread at 4.75%% and the two-year marginal cost of lending rate [MCLR], which
is at present 9.05%% per annum. The present applicable rate of interest is 12.80%%. Such
interest rate will be calculated on the date of the disbursement and will be valid for the entire tenor
of the Loan. In the event of default in payment of any Loan instalment, non-compliance of material
terms and conditions of this Arrangement Letter and, or, the subsequently executed loan
agreement, and, or, any irregularity in the account where the Loan amounts are disbursed (Loan
Account), penal charge(s) as set out under Schedule 1 (Key Fact Statement) of this Arrangement
Letter, shall be charged on the overdue amount for the overdue period.

3. Overdraft Facility [wherever applicable ]

(i) The Bank shall provide an overdraft facility to the Borrowers availing SBI Personal Loan
(Overdraft Facility);
(ii) For the purpose of the Overdraft Facility, the Borrower will open or the Bank will designate an
existing Borrower’s account with the Bank as a loan account (Overdraft Loan Account);
(iii) The Borrower may withdraw amounts from the Overdraft Loan Account to the extent allowed by
the Bank (Drawing Power);
(iv) The Drawing Power on the Overdraft Facility will be reduced on monthly basis to the extent of
the principal component of the equated monthly installments (EMI) such that the Overdraft
Facility is liquidated at the end of the Loan tenure. The interest component of the EMI remitted
will be utilized to service the interest obligations;
(v) The outstanding amount of the Loan, interest, additional interest, fees, costs, charges,
expenses, stamp duty and all other sums whatsoever payable by the Borrower to the Bank in
connection with the Overdraft Facility shall not exceed the Drawing Power (Borrower’s
outstandings);
(vi) After disbursement of the Loan amount, the Borrower is permitted to deposit surplus funds
above the stipulated EMIs (Excess Deposits) and to withdraw the surplus amounts deposited in
the Overdraft Loan Account subject to availability of Drawing Power;

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(vii) Withdrawal from the overdraft account will be permitted only for the purpose of credit to the
linked saving bank account (salary account) of the borrower. No other transactions will be
allowed from the overdraft account.
(viii) The tenure of the Overdraft Facility shall not exceed 84 months and all Borrower’s
outstandings must be repaid within this period; and
(ix) The repayment of the EMIs will be through Standing Instruction (SI) on the salary account of
the Borrower opened with the Bank. The repayment obligations of the Borrower shall not be
affected by the Excess Deposits in any manner.

4. Foreclosure/ Prepayment Charges

(i) Any prepayment of EMI in full or in part and closure of account before the end of term will
attract the prepayment charges of 2% on the prepaid amount. However, no pre-payment/
foreclosure charges to be levied if the Loan Account is closed after the completion of Loan
tenure of 3 years;
(ii) In case of defense customers, 100% waiver of prepayment/ foreclosure charges to be
applicable if the loan is closed after 6 months from date of sanction; and
(iii) In case of Government/ Corporate sector borrowers, no prepayment/ foreclosure charges if the
loan is closed after 6 months from date of sanction from the proceeds of a new loan account
opened under the same scheme with the Bank.
(iv) No prepayment/ foreclosure charges under this scheme for Platinum and Rhodium variant of
Corporate Salary Package customers, if the loan is closed after 6 months from the date of
sanction.
(v) Subject to RBI directions, foreclosure charges/ pre-payment penalty of 2% on prepaid amount
(in case of the prepayment) and 2% of the outstanding amount in case of the foreclosure to be
levied in case of all takeover cases by other banks, irrespective of the tenure (including defense
customers).
(vi) The proceeds of pre-payment and, or repayment received by the Bank will be adjusted as per
the following order of priority:
a)Charges;
b)Arrears Interest;
c)Interest;and
d)Principal.
(vii) Notwithstanding Clause 4 or any instructions to the contrary given by the Borrower, the Bank
shall be at liberty to appropriate any amount paid by them towards the Loan in such manner as
the Bank may deem fit and necessary.
5. Digital Personal Loans availed on SBI YONO Application/ Web-Portal
(i) In the event the Borrower is availing the Loan through the SBI YONO Application/ Web-Portal,
the Borrower shall, by clicking 'Proceed' and submitting the OTP, confirm that they are over 18,
understand English, have read, and understood the terms of the Loan.
(ii) The Borrower acknowledges that the OTP submission serves as valid acceptance of the terms
of the Loan, creating a binding Agreement by and between the Borrower and the Bank.
(iii) The Borrower agrees to provide upload and, or, submit documents to the satisfaction of the
Bank.
(iv) The Borrower consents to the Bank’s collection of information including personal information of
the Borrower, for the purposes of processing the Loan application of the Borrower and the
subsequent Loan, and the Borrower also consents to the Bank to exchange and share with 3rd
parties for various purposes of the Loan application.
(v) The Borrower agrees that it would not hold the Bank liable for utilizing any such information, as
mentioned under this paragraph 5, shared by the Borrower with the Bank.
(vi) The Borrower shall update the Bank promptly in relation to any changes in the information
provided by.
(vii) The Borrower agrees and consents to allow for initiation of checks by the Bank for evaluation
and processing of the Loan, including checking the Borrower’s Credit Information Report (CIR)
from various Credit Bureau(s), permanent account number (PAN), Aadhar information, address,
and employment status in relation to the said Loans.

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(viii) The Borrower acknowledges and agrees to the submission of electronic versions of documents
and for the execution of documents through electronic signatures on the SBI YONO Application/
Web-Portal.
(ix) Notices, approvals, and communications given or made by the Bank shall be deemed to be duly
given and served if sent by post, courier, registered post, facsimile electronic mail, personal
delivery, SMS, instant messaging app or by pre-paid registered mail addressed to the
Borrower’s address, phone/ mobile number, fax number or email as given in the Loan
application.
(x) The Bank shall have the right to not return the Loan application, the photographs, information,
and documents submitted by the Borrower.
(xi) The Bank shall, without notice to or without any consent of the Borrower, be absolutely entitled
and have full right, power and authority to make disclosure of any information relating to the
Borrower including personal information, details in relation to documents, Loan, defaults,
security, obligations of Borrower, to the Credit Information Bureau of India (CIBIL), Information
Utilities and, or, any other governmental, regulatory, statutory or private agency, entity, credit
bureau, RBI, the Bank’s other branches, subsidiaries, affiliates, rating agencies, service
providers, other banks, financial institutions, and third parties, any assigns, potential assignees
or transferees, who may need the information and may process and publish the information in
such a manner as may be deemed necessary by the publisher, the Bank, RBI, including
publishing the name of the Borrower as a willful defaulter, and the Bank shall also be entitled to
use such information for KYC verification, credit risk analysis, or for other related purposes.

6. Repayment
The Loan is to be repaid in EMI of ₹9,042.00. The number of EMI may increase/vary if the entire
Loan with interest, cost, charges, and expenses is not repaid by/with the stipulated number of EMI by
reason of increase in the rate of interest or otherwise. The EMI will have to be paid till the entire Loan
with interest is fully repaid.
7. Default in Repayment
In the event of failing to repay any of the EMIs on the due date, State Bank of India (Bank) may send
written reminders or make tele call/SMS or depute an official or an authorized agent to meet the
Borrower personally, all the incidental charges appurtenant thereto such as postage, telephone/SMS
charges, transportation charges, etc. on actual basis would be recovered from the Borrower.

8. Cancellability
Notwithstanding anything contained herein above, please confirm having agreed that the Bank
reserves the absolute right to cancel the limits (either fully or partially) unconditionally without prior
notice:
(i) In case the limits/part of the limits are not utilized by me/us;
(ii) In case of deterioration in the Loan Accounts in any manner whatsoever; and/or
(iii) In case of non-compliance of terms and conditions of sanction.
9. Processing Charge
Processing charges of ₹4,425.00 are payable upfront. The Bank reserves the right to debit any
account of the Borrower maintained with the Bank for an amount equivalent to the processing
charges.
10. Disbursement:
(i) Loan will be disbursed in one or more tranches.
(ii) Initial tranche(s) of disbursement will be utilized for closure of loan account(s) number (i) (ii)
…………………….. (if applicable)
(iii) Remaining amount after closure of loan account(s) will be credited to your linked SB account
number .
(The customer may verify these entries in their saving bank account and loan account statement.)

11. Borrower’s Warranty, Undertaking & Declaration

(i) The Borrower hereby undertakes to repay the sums specified in the Loan agreement read
together with this arrangement letter (Arrangement Letter), respective Loan agreements and, or,
documents and security documents (collectively referred to as Financing Documents) and
interest thereon with other costs, charges etc.;

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(ii) The Borrower hereby confirms the correctness of each, and every statement and particulars
contained in Borrower’s application and undertake to carry out the proposals therein set forth;
(iii) The Borrower declares and confirms that the said Loan shall be governed by the terms and
conditions as set out in the Financing Documents;
(iv) The Borrower expressly agrees with the Bank that the Bank shall be entitled to refuse to grant
the said Loan or any part thereof which may remain to be advanced in the event of:
a) Any of the representations, assurances, statements, and particulars contained in the
application, KYC Documents or the Financing Documents being found to be incorrect,
untrue, or misleading, in the opinion of the Bank;
b) Failing to comply the requirements regarding submission of various additional information as
required by the bank; and
c) On the question whether any of the matters, events or circumstances mentioned
hereinabove has happened or occurred, the opinion of the Bank shall be conclusive, final
and binding on the Borrower;
(v) The Borrower shall not enter any pecuniary obligation or financial liability during the currency of
the Loan without the prior permission of the Bank;
(vi) In case there is any change in the Borrower’s financial position from what was stated in the
application to the Bank for financial assistance which is likely to affect the Bank’s decision to
continue the finance, the same shall be notified to the Bank and thereupon the Bank may decide
whether to continue the Loan arrangement and if so, to what extent thereof;
(vii) The Borrower agrees to pay all the charges and, or, fees mentioned in the Financing
Documents;
(viii) The Borrower agrees that the Bank shall have the right to exercise discretion to refuse further
withdrawals by the Borrower from the Loan granted to him/her without assigning any reason.
Without derogating the generality of the foregoing, the Bank may refuse disbursement due to
the following reasons:-
a) If any account of the Borrower has been classified as an NPA by any bank or financial
institution in its books; and
b) If the Borrower has not complied with the terms of the Financing Documents referred and
other terms stipulated by the Bank; and
c) The discretion exercised by the Bank as stated above shall be absolute and unconditional,
and the Borrower shall not question or raise any dispute about the same at any point of time
whatsoever;
(ix) The Borrower agrees to accept as conclusive proof of the correctness of any sum claimed to be
due from them to the Bank under a Financing Document, a statement of account/ extract from
the computer or otherwise without the production of any voucher/document/register; and
(x) The Borrower agrees to keep its salary account with the Bank during the term of the Loan. In
case the Borrower wishes to transfer, shift, and, or, close the account, it must notify the Bank in
writing and obtain prior consent of the Bank. A breach may lead to action as per the Financing
Documents and relevant laws.
(xi) The Borrower shall promptly notify the Bank of any changes in its employment terms , such as
voluntary retirement, change of employer, change of location, transfer, suspension, and, or,
other changes that may affect their ability to repay the Loan.

12. Repayment and Moratorium

The tentative breakup between principal and interest for the tenure of the Loan shall be as per the
repayment schedule below.

Repayment Schedule

Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

01-06-25 3708.67 5333.33 9042

01-07-25 3748.23 5293.77 9042

01-08-25 3788.21 5253.79 9042

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Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

01-09-25 3828.61 5213.39 9042

01-10-25 3869.45 5172.55 9042

01-11-25 3910.73 5131.27 9042

01-12-25 3952.44 5089.56 9042

01-01-26 3994.6 5047.4 9042

01-02-26 4037.21 5004.79 9042

01-03-26 4080.27 4961.73 9042

01-04-26 4123.8 4918.2 9042

01-05-26 4167.78 4874.22 9042

01-06-26 4212.24 4829.76 9042

01-07-26 4257.17 4784.83 9042

01-08-26 4302.58 4739.42 9042

01-09-26 4348.47 4693.53 9042

01-10-26 4394.86 4647.14 9042

01-11-26 4441.74 4600.26 9042

01-12-26 4489.12 4552.88 9042

01-01-27 4537 4505 9042

01-02-27 4585.39 4456.61 9042

01-03-27 4634.3 4407.7 9042

01-04-27 4683.74 4358.26 9042

01-05-27 4733.7 4308.3 9042

01-06-27 4784.19 4257.81 9042

01-07-27 4835.22 4206.78 9042

01-08-27 4886.8 4155.2 9042

01-09-27 4938.92 4103.08 9042

01-10-27 4991.6 4050.4 9042

01-11-27 5044.85 3997.15 9042

01-12-27 5098.66 3943.34 9042

01-01-28 5153.05 3888.95 9042

01-02-28 5208.01 3833.99 9042

01-03-28 5263.56 3778.44 9042

01-04-28 5319.71 3722.29 9042

01-05-28 5376.45 3665.55 9042

01-06-28 5433.8 3608.2 9042

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Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

01-07-28 5491.76 3550.24 9042

01-08-28 5550.34 3491.66 9042

01-09-28 5609.54 3432.46 9042

01-10-28 5669.38 3372.62 9042

01-11-28 5729.85 3312.15 9042

01-12-28 5790.97 3251.03 9042

01-01-29 5852.74 3189.26 9042

01-02-29 5915.17 3126.83 9042

01-03-29 5978.27 3063.73 9042

01-04-29 6042.03 2999.97 9042

01-05-29 6106.48 2935.52 9042

01-06-29 6171.62 2870.38 9042

01-07-29 6237.45 2804.55 9042

01-08-29 6303.98 2738.02 9042

01-09-29 6371.22 2670.78 9042

01-10-29 6439.18 2602.82 9042

01-11-29 6507.87 2534.13 9042

01-12-29 6577.29 2464.71 9042

01-01-30 6647.44 2394.56 9042

01-02-30 6718.35 2323.65 9042

01-03-30 6790.01 2251.99 9042

01-04-30 6862.44 2179.56 9042

01-05-30 6935.64 2106.36 9042

01-06-30 7009.62 2032.38 9042

01-07-30 7084.39 1957.61 9042

01-08-30 7159.95 1882.05 9042

01-09-30 7236.33 1805.67 9042

01-10-30 7313.51 1728.49 9042

01-11-30 7391.52 1650.48 9042

01-12-30 7470.37 1571.63 9042

01-01-31 7550.05 1491.95 9042

01-02-31 7630.59 1411.41 9042

01-03-31 7711.98 1330.02 9042

01-04-31 7794.24 1247.76 9042

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 Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

01-05-31 7877.38 1164.62 9042

01-06-31 7961.4 1080.6 9042

01-07-31 8046.33 995.67 9042

01-08-31 8132.15 909.85 9042

01-09-31 8218.9 823.1 9042

01-10-31 8306.56 735.44 9042

01-11-31 8395.17 646.83 9042

01-12-31 8484.72 557.28 9042

01-01-32 8575.22 466.78 9042

01-02-32 8666.69 375.31 9042

01-03-32 8759.13 282.87 9042

01-04-32 8852.56 189.44 9042

01-05-32 8907.09 134.91 9042

*Based on existing interest rate

Moratorium period for payment of principal and or interest.*

Date of commencement of
Moratorium period Start Date End Date
repayment

06/25/2025
13. Classification of Accounts as Special Mention Account (SMA) and Non Performing Asset
(NPA)
The Borrower acknowledges and agrees that the Bank will classify the Loan as special mention
account (SMA)-0, SMA-1, SMA-2, or non-performing assets as per the applicable laws including the
Reserve Bank of India (RBI) directions. The extant RBI directions classify the SMA and NPA in the
following manner:
Loans in the nature of revolving facilities like cash
Loans other than revolving facilities
credit/overdraft

Basis of classification – Principal Basis of classification – Outstanding

SMA Sub- or interest payment or any other SMA Sub- balance remains continuously in excess
categories amount wholly or partially categories of the sanctioned limit or drawing power,
overdue. for a period of :

SMA-0 Up to 30 days

More than 30 days and up to 60

SMA-1 SMA-1 More than 30 days and up to 60 days
days

More than 60 days and up to 90

SMA-2 SMA-2 More than 60 days and up to 90 days
days
The process of classifying a Loan Account after the payment default is illustrated below:
Example:

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 1. If due date of repayment of a Loan Account is March 31, 2024, and full dues are not
received before the Bank runs the day-end process for this date, the date of overdue
shall be March 31, 2024;
2. If it continues to remain overdue, then this account shall get tagged as SMA-1 upon
running day-end process on April 30, 2024 i.e., upon completion of 30 days of being
continuously overdue. Accordingly, the date of SMA-1 classification for that account
shall be April 30, 2024; and

3. Similarly, if the account continues to remain overdue, it shall get tagged as SMA-2 upon
running day-end process on May 30, 2024 and if continues to remain overdue further, it
shall get classified as NPA upon running day-end process on June 29, 2024.
14. Power of Attorney
The Borrower hereby irrevocably appoints the Bank (through their agents and nominees) to be
attorneys and in the name of the Borrower to do all such acts, deeds and things and execute all such
documents, transfers and assignments which would concern the Loan in any manner. The authority so
given shall be construed as an agency coupled with interest and can be revoked only at the option of
the Bank.

15. Disclosure of Details

(i) The Borrower agrees as a pre-condition of the Loan granted by the Bank that in case any
default is committed in the repayment of the Loan or in repayment of interest thereon or any of
the agreed instalment of the Loan on due date/s,the Bank and/or the RBI will have an
unqualified right to disclose or publish the name and photograph of the Borrower as defaulter in
such manner and though such medium as the Bank or the RBI in their absolute discretion may
think fit;
(ii) The Borrower agrees as a precondition of the Loan given by the bank, the Borrower hereby
agrees and gives consent to the disclosure by the Bank of all or any such:
a) Information and data relating to the Borrower;
b) The information or data relating to any credit facility availed of/to be availed by the Borrower;
and
c) Default, if any, committed by the Borrower in discharge of Borrower’s obligation,
as the Bank may deem, appropriate and necessary, to disclose and furnish to any credit
information agencies, including but not limited to TransUnion CIBIL Limited ,an information utility
agency, such National E-Governance Services Ltd, or any other agency authorised in this behalf
by government authority including RBI (Authorised Agency);
(iii) The Borrower also declares that the information and data furnished by the Borrower to the bank
are true and correct. The Borrower undertakes that:
a) Authorised Agency so authorised may use, process the said information and data disclosed
by the Bank in the manner as deemed fit by them; and
b) Authorised Agency so authorised may furnish for consideration, the proposed information
and data or products thereof prepared by them, to any banks/financial institutions and other
credit grantors or registered users, as may be specified by RBI in this behalf; and
(iv) Further, the Borrower hereby confirms that the Borrower shall not raise any dispute in
whatsoever manner regarding information/details furnished to Authorised Agency /other
authorities and the same is binding on the Borrower.
16. Representations and Warranties
The Borrower makes the representations and warranties set out in this section to the Bank, in reliance
of which the Bank may grant the Loan:
(i) The Loan once granted by the Bank under Financing Documents constitute legal, valid and
binding obligations of the Borrower enforceable in accordance with their respective terms;
(ii) The entry into, delivery and performance by the Borrower of, and the transactions contemplated
by the Financing Documents, do not and will not conflict:
a) With any law; and
b) With any document which is binding upon the Borrower or on any of its assets;

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(iii) Except to the extent disclosed to the Bank, 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;
(iv) All information communicated to or supplied by or on behalf of the Borrower to the Bank from
time to time, are true and fair, correct and complete in all respects as on the date on which it
was communicated or supplied. Further nothing has occurred since the date of communication
or supply of any information to the Bank which renders such information untrue or misleading in
any respect; and
(v) The Borrower has not taken any action and no other steps have been taken or legal
proceedings started by or against it in any court of law/ other authorities for its insolvency,
bankruptcy, winding up, dissolution, administration or reorganization or for the appointment of a
receiver, administrator, administrative receiver, trustee or similar officer of the Borrower or of
any or all of its assets.
Each of the representations set out above in shall be deemed to be repeated on each day during the
tenure of the Loan

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17. Covenants
(i) The Borrower shall provide all payment mandates including but not limited to electronic clearing
service (ECS), SI, or national automated clearing house (NACH) mandate, as and when
demanded by the Bank;

(ii) Borrower shall ensure that all payment mandates including ECS, SI, or NACH mandate, if any,
provided to the Bank or to any person nominated by the Bank, are honoured at all times and
such mandates are not altered or amended without prior permission of the Bank;
(iii) The Borrower shall ensure that the obligations under the Financing Documents shall at least
rank pari-passu with all its unsecured and unsubordinated obligations;
(iv) The Borrower shall immediately, on demand by the Bank, pay the amount of any increased
costs incurred by the Bank as a result of:
a) The introduction of or any change in (or in the interpretation, administration or application of)
any law or regulation;

b) Compliance with any law or regulation made before or after the date of the Loan (including
any law or regulation concerning capital adequacy, prudential norms, liquidity, reserve
assets or tax); or
c) On account of factors beyond the control of the Bank;

(v) The Borrower agrees to indemnify and hold harmless the Bank, to the fullest extent permitted by
applicable law, for all losses and liabilities (including due to claims by a third party), incurred by
the Bank as a result of any breach by him/her of any Financing Documents;
(vi) The Borrower shall submit the details of financials on such periodicity as required by the Bank;

(vii) The Borrower shall promptly provide upon request of the Bank any further document/information
as may be required by the Bank and bear the stamp duty charges (if any);

(viii) The Borrower undertakes to ensure that all information provided in the Financing Documents
shall remain true at all times during the tenure of the Loan;
(ix) The Borrower undertakes to not do or omit to do and not permit any act, matter or thing which
would cause any of the representations and warranties, under the Financing Documents, to be
untrue, inaccurate, or misleading and immediately notify the Bank in writing of any such fact or
circumstance which might cause any of the representations and warranties set forth in this
Financing Documents to be untrue or misleading;
(x) The Borrower shall promptly notify the Bank in writing upon occurrence of any breach of
covenant or representation or occurrence of event of default (as provided in the Financing
Documents) and the steps, if any, being taken to remedy it; and
(xi) The Borrower shall promptly notify the Bank of any breach of any representations, warranties,
covenants, undertakings or any other terms together with the steps taken to remedy it. Upon the
breach being reported, the Bank 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 Bank.

18. Tax
(i) All sums payable by the Borrower under the Financing Documents shall be inclusive of all taxes
and shall be paid free of any restriction or condition and free and clear of and without any
counter-claim, set off, deduction or withholding, whether on account of tax deductions, charges,
stamp duty, liability or impost or otherwise, if any, and the Borrower agrees as follows:

a) The Borrower shall make all payments to be made by it without any tax deduction, unless a
tax deduction is required by law;
b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or
that there is any change in the rate or the basis of a tax deduction) notify the Bank
accordingly;
Signature Not Verified
Digitally signed by Hari Venkata
Suryanarayana Sasthri
Date: 2025.05.14 15:24:04 IST
Reason: Agreement Executed
Location: Andhra Pradesh

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 c) If a tax deduction is required by law to be made by the Borrower, the amount of the payment
due from the Borrower shall be increased to an amount which (after making any tax
deduction) leaves an amount equal to the payment which would have been due if no tax
deduction had been required;
d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax
deduction and any payment required in connection with that tax deduction within the time
allowed and in the minimum amount required by law; and
e) Within 90 days of making either a tax deduction or any payment required in connection with
that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory
to the Bank that the tax deduction has been made or (as applicable) any appropriate
payment paid to the relevant taxing authority
19. Governing Law
This Arrangement Letter shall be governed by and construed and enforced in accordance with the
laws of India.
20. Event of Default
(i) 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’):

a) 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 Financing Documents;

b) Default (other than a payment default) has occurred in the performance of any covenant,
condition, agreement, or obligation on the part of the Borrower under the Financing
Documents or as the case may be, to such other person, by the Bank (except where the
Bank is of the opinion that such default is incapable of remedy, in which event, no notice
shall be required);
c) Breach of any representation, warranty, declaration, and, or, confirmation made or deemed
to be made under the Financing Documents;
d) 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;
e) It is or becomes unlawful for any Borrower to perform any of its obligations under the
Financing Documents;
f) One or more events, conditions, or circumstances (including any change in law) shall occur
or exist which could have a material adverse effect on the Loan or its repayment;
g) The Borrower, without the Bank’s prior written consent, charges, assigns, purports to charge
or purports to assign funds from the Loan;
h) If any Governmental or other license, approval authorisation, consent, or exception, required
to enable the Borrower to perform any of its obligations under the Financing Documents, is
withdrawn or modified or if it becomes otherwise unlawful for the Borrower to perform any of
its obligations under the Financing Documents; and
i) Any indebtedness of the Borrower becomes due prior to its stated maturity by reason of
default of terms thereof by the Borrower or any such indebtedness is not paid at its stated
maturity and such default, in the opinion of the Bank, will have a material adverse effect on
the Loan.
21. Consequences of Event of Default
Upon occurrence of any Event of Default, the Bank shall be entitled at its absolute discretion to inter
alia:
i) 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 Bank;
ii) Hand over the case to Recovery/ Resolution agents empanelled by the Bank for said
purpose. The details of recovery agent authorized to approach the borrower has been
published on Bank website at https://bank.sbi/web/sbi-in-the-news/list-of-empanelled-
agencies.

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 iii) Call upon the Borrower to pay all claims, costs, losses, and expenses that may be incurred
by the Bank 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,
recovery agency fees) and, or, on account of the failure of the Borrower of any of the terms
and conditions under the Financing Documents; and
iv) Enforce any rights available to it under any law or contract.
22. Grievance Redressal Mechanism
The Name, designation, address, and phone number of nodal grievance redressal officer has been
published on Bank website at https://bank.sbi/web/customer-care/addresses-and-helpline-nos-of-
grievances-redressal-cell.
23. Miscellaneous
i) Please call on the Bank on any working day to execute the documents. The Loan is also
subject to other terms and conditions as mentioned in the document(s) executed/to be
executed in connection with the Loan and as may be prescribed by the Bank from time to
time. The duplicate copy of this Arrangement Letter may please be returned to us duly
signed by the Borrower , if applicable in token of acceptance of the terms and conditions
detailed herein
ii) The Bank shall, without prejudice to any of its specific rights under any other agreements
with the Borrower, at its sole discretion, be at liberty to apply any other money, amounts,
securities and other property of the Borrower (whether singly or jointly with another or
others) in possession of the Bank or any of its subsidiary/ affiliate/ associate company in or
towards payment of the dues under the Loan granted under the Financing Documents;
iii) The Bank 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 Bank deems fit. The Bank
may also delegate to such person(s) the right and authority to perform and execute all such
acts, deeds, matters and things connected herewith, or incidental thereto, as the Bank may
deems fit. The Borrower recognizes, accepts and consents to such delegation;
iv) If any provision of this Arrangement Letter is illegal, invalid or unenforceable for any reason,
it will be severed from the remaining provisions, which will remain unaffected;
v) This Arrangement Letter shall be binding on the Borrower, and any breach therein shall
constitute an event of default as provided in the Financing Documents;
vi) All rights and powers conferred on the Bank by the Financing Documents shall be in addition
and supplemental to any rights the Bank has as a creditor against the Borrowers under any
law for the time being in force and Financing Documents and shall not be in derogation
thereof;
vii) The Borrower shall not assign or transfer all or any of its rights, benefits or obligations under
the Financing Documents. Borrower expressly acknowledges and agrees that Bank may, at
any time, without requiring the prior consent from the Borrower or any other person and
without giving notice to the Borrower or any other person, sell, transfer, assign, securitise,
novate, part with any or all of its receivables arising in relation to the Loan and its rights and
benefits and obligations (if any) under all or any of the Financing Documents, to any third
party (Assignee), in any manner whatsoever including by direct assignment or by the
process of securitisation. Borrower irrevocably and unconditionally confirms that it shall
continue to be bound by the terms herein and other Financing Documents notwithstanding
such transfer or assignment by Bank and that the Assignee shall acquire an interest in the
Financing Documents forthwith; and
viii) The Bank may share the credit risk of the whole or a part of its share in the Loan with any
other person by way of participation without taking an approval of or notifying the Borrower.

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The terms and conditions specified in this Arrangement Letter hold good for a period of 3 days from
the date of this Arrangement letter.

Yours faithfully,

Authorized Officer, State Bank of India, Home Loan Centre-RACPC 2

VISAKHAPATNAM-AMT001 Branch

Received the original. Terms and conditions accepted.

Date:

Mr. Hari Venkata

Suryanarayana Sasthri (Signature)
(Borrower)

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 e-Stamp
INDIAN – NON JUDICIAL
GOVERNMENT OF ANDHRA PRADESH
e-Stamp

Certificate No IN-AP90503339553409X

Certificate Issue Date 14-May-2025 03:16 PM

Account Reference No NESL (CR)/ APSHCIL10/ AP-KSN/ AP-VJW/APONLINENESLUSER

Unique Doc. Reference AP0007INESL2025134075376
Purchased by STATE BANK OF INDIA

Consideration Price (Rs) 500000.00

First Party STATE BANK OF INDIA
Second Party HARI VENKATA SURYANARAYANA SASTHRI

Stamp Duty Paid By STATE BANK OF INDIA

Stamp Duty Amount (Rs) 100.00

Description of Doc. Article NRG 6(A)(iv) Agreement Exceeds Rs.50,000/-

QR
 Certificate Number: IN-AP90503339553409X

XP- 3

Personal Loan Agreement

(To be stamped as an agreement in accordance with the Stamp Act in force in the state in which the
document is executed)
This Agreement is executed at (Place of document execution) on the (Date) day of (Month) two
thousand (Year) between Mr./Mrs./Ms. Mr. Hari Venkata Suryanarayana Sasthri , aged (48 Years 12
Months) and residing at BAJI JUNCTION SRINIVASANAGAR, GOPALAPATNAM,
VISAKHAPATNAM, VISAKHAPATNAM, ANDHRA PRADESH, PIN- 530027 (hereinafter called ‘the
Borrower’ which expression shall include his/her representative, heirs, executors, administrators, and
assignees) of the ONE Part;
AND

State Bank of India is a corporation constituted under the State Bank of India Act, 1955, and having
one of its Local Head Office at AMARAVATI and, amongst other places, a Branch office at
HINDUSTAN SHIPYARD, GANDHIGRAM, VSP, VISAKHAPATNAM, ANDHRA PRADESH, PIN-
530005 hereinafter referred to as ‘the Bank’ of the OTHER Part.
The Borrower and the Bank are hereinafter collectively referred to as Parties and individually as
Party.
This Agreement, read together with the Arrangement letter, respective loan agreements and, or,
documents and security documents shall be collectively referred to as ‘Financing Documents’.
Whereas the Bank, at the request of the Borrower, agreed to grant to the Borrower a personal loan of
₹5,00,000.00 under [SBI Personal Loan ] scheme (‘Loan’) as set forth in the Borrower’s application
dated 13-05-25 a copy of which is annexed and forms part of this Agreement.

It is hereby agreed as follows:

1. The request for grant of the Loan by the Borrower and the Loan advanced or to be advanced by
the Bank shall be deemed to constitute the basis of this Agreement.
2. The Borrower hereby agrees that the Loan shall inter alia be governed by the terms hereof.

3. The Borrower expressly agrees and undertakes to notify the Bank in writing of any circumstances
affecting the correctness of any of the particulars set forth in his/her application immediately after
the occurrence thereof, and in that event Bank may in its absolute discretion suspend operation
and, or, stop further withdrawal till fresh approval is obtained by the Borrower from the Bank for
continuing the Loan.
4. The amount of the Loan may be directly paid to the Borrower in the manner decided by the Bank
upon request of the Borrower. Simultaneously with the execution of this Agreement, the Borrower
shall pay the processing fee to the Bank as per Paragraph 8, Schedule 1 of the Arrangement
Letter, immediately on sanction of the Loan.
5. The Borrower shall repay to the Bank, the amounts as specified in Schedule 2 of this Agreement,
which number is, however, subject to change depending upon changes in applicable rate of
interest and any other debits raised in the account like insurance charges, fees etc. The first
equated monthly instalment (EMI) shall be payable on or before 01/06 and the subsequent
instalments on or before the same date of each succeeding month thereafter, till the entire Loan
is fully repaid with interest and other unpaid penalty, costs, charges, and expenses.

6. The Bank shall be entitled to increase or decrease the amount as well as the number of EMI
which comprises the principal amount and the interest at its sole discretion either on account of a
change in interest rate or otherwise and the Borrower undertakes to pay EMI as determined by
the Bank till the time the entire Loan together with interest and other unpaid penalty, costs,
charges, and expenses is repaid.

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 Certificate Number: IN-AP90503339553409X

7. During the term of this Agreement, the Borrower agrees not to transfer, shift, and, or, close its
existing salary account with the financial institution (which, if applicable, includes the Bank), with
which its existing salary account is currently maintained (Existing Financial Institution), without
obtaining the prior written consent of the Bank. The Borrower shall maintain the salary account
with the Existing Financial Institution, until the full repayment of the Loan amount.In the event that
the Borrower intends to transfer, shift, and, or, close its salary account with the Existing Financial
Institution, it shall either notify the Bank in writing and seek the necessary consent before
proceeding with such actions, or close the respective Loan account with the Bank. A breach of
this clause may be considered a violation of the terms of this Agreement and may result in
actions or remedies available to the Bank as specified in this Agreement and under applicable
laws and regulations.
8. The Borrower shall promptly inform the Bank of any changes in the terms of its employment that
were the basis for availing the Loan. Such changes may include but are not limited to voluntary
retirement, change of employer, change of work location, transfer, suspension, or any other
significant alteration in employment status. The Borrower acknowledges that such changes may
adversely impact their repayment capacity. Upon receiving notification of any such changes, the
Borrower shall provide the Bank with relevant details and documentation regarding the new
employment terms.

9. Digital Personal Loans availed on SBI YONO Application/ Web-Portal

(i) The Borrower expressly agrees that, by clicking the 'Proceed' button on the SBI YONO
Application/ Web-Portal and, or, the 'Submit OTP' button after entering the one-time
password (‘OTP’) sent by the Bank, he/she is over the age of 18 years, he/she can
understand, read and write in the English language, he/she has read and understood privacy
policy as provided for on the Banks website, and that he/she has read and understood the
terms and conditions for availing the Loan as provided for on the Bank’s website.
(ii) The Borrower agrees further that its action of entering the OTP sent by the Bank and clicking
the ‘Submit OTP’ button, constitutes a valid acceptance of the terms for the Loan provided for
on the Bank’s website and creates this binding and enforceable Agreement between the
Borrower and the Bank.
(iii) The Borrower further understands and agrees that pursuant to its application on SBI YONO
Application/ Web-Portal, he/she will be required to upload and, or, submit documents to the
satisfaction of the Bank.
(iv) The Borrower expresses its explicit consent and authorizes the Bank to exchange and share
all relevant information (including personal information) and details as provided by him/her in
relation to processing the Borrower’s Loan application, including but not limited to Borrower’s
valid mobile number, Aadhar number connected with mobile number, Permanent Account
Number (PAN), digital bank statements, photograph and video of the Borrower for Know
Your Customer (KYC), digital ITR returns, along with information pertaining to its existing
availed loans and, or, repayment history to any 3rd party including but not limited to its group
companies, service providers, banks, financial institutions, credit bureaus, telecommunication
companies, statutory bodies, business partners etc. for customer verification, personalization
of products or services, credit rating, data enrichment, and, or, for enforcement of the
Borrower’s obligations.
(v) Further, the Borrower shall not hold the Bank (or any of its group companies or its/their
employees/agents/representatives/ business partners) liable for the usage and, or, sharing of
the information as stated above in sub-clause (iv) of clause 9 of the Agreement.

(vi) The Borrower undertakes to keep the Bank updated on any change in the information
provided by the Borrower in relation to availing the said Loan through the SBI YONO
Application/ Web-Portal.
(vii) The Borrower hereby expressly consents and authorizes the Bank, its representatives,
agents, business partners, group companies, and affiliates to initiate CIC , PAN, Aadhar,
address and employment check to evaluate and process its Loan application and, or,
requirement as expressed and submitted in the SBI YONO Application/ Web-Portal. The
Borrower further agrees and grants its permission to the Bank, and, or, any 3rd party
agencies appointed by the Bank, to extract and use the Borrowers’ details from all such
agencies (PAN, CIC, Aadhar, CBS etc.), which are required in the evaluation and processing
of the Loan application and, or, requirement.

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 Certificate Number: IN-AP90503339553409X

(viii)The Borrower acknowledges and agrees that the Bank may require or permit the execution of
this Loan agreement with the borrower be conducted electronically using electronic records,
documents and, or, electronic signatures. The Borrower consents to the use of electronic
records, documents and, or, electronic signatures whenever expressly required or permitted
by the Bank and acknowledges and agrees that the Borrower shall be bound by its electronic
signature and by the terms, conditions, requirements, information and, or, instructions
contained in any such electronic records and documents.

(ix) The Parties hereby agree that this Agreement may be executed with electronic signatures
and shall be valid and binding on the parties.
(x) The Bank will limit the collection and use of the Borrower’s information only on a need-to-
know basis to deliver better service to the Borrower. The Bank may use and share the
information provided by the Borrower with its affiliates and 3rd parties for providing services
and any service-related activities
such as collecting subscription fees for such services and notifying or contacting the
Borrower regarding any problem with, or the expiration of, such services.

In this regard, it may be necessary to disclose the customer information to one or more
agents and contractors of the Bank and their sub-contractors, but such agents, contractors,
and sub-contractors will be required to agree to use the information obtained from the Bank
only for these purposes. The Borrower authorizes the Bank to exchange, share, part with all
information related to the details and transaction history of the borrower to its affiliates/ other
banks/ financial institutions/ credit bureaus/ agencies/ participation in any telecommunication
or electronic clearing network as may be required by law, customary practice, credit
reporting, statistical analysis and credit scoring, verification or risk management or any of the
aforesaid purposes and shall not hold the Bank liable for use or disclosure of this information
also the borrower consents to receive information about new products, offers, promotions,
receive communications, notices, and other information from the Bank and its agents/service
providers/partners etc. (whether through SMS, emails, phone call, automated phone calls or
by any other means.

(xi) Any notice, approvals, instructions, demand and other communications (including customer
copy of Agreement, Key Fact Statement, welcome letter, financing documents etc., in
reference to this Agreement given or made by the Bank shall be deemed to be duly given
and served if sent by post, courier, registered post, facsimile electronic mail, personal
delivery, SMS, instant messaging app or by pre-paid registered mail addressed to the
Borrower’s address, phone/ mobile number, fax number or email as given in the Loan
application (or at the address changed on which the Bank’s acknowledgement is duly
obtained as hereinafter mentioned) such notice and service shall be deemed to take effect
on the Next working day following the date of posting thereof in case of post, courier,
registered post, at the time of delivery if given by personal delivery, upon receipt of a
transmission report if given by facsimile, upon sending the electronic mail or SMS if given by
electronic mail or SMS. The Borrower always undertakes to keep the Bank informed in
writing of any change in the mailing address, email ID, phone and mobile number(s) as
provided in the digital personal loan application and to obtain the Bank’s written
acknowledgement on the intimation given to the Bank for any such change.
(xii) The Bank shall have the right to not return the loan application, the photographs, information,
and documents submitted by the Borrower. The Bank shall, without notice to or without any
consent of the Borrower, be absolutely entitled and have full right, power and authority to
make disclosure of any information relating to the Borrower including personal information,
details in relation to documents, Loan, defaults, security, obligations of Borrower, to the
Credit Information Bureau of India (CIBIL) and, or, any other governmental, regulatory,
statutory or private agency, entity, credit bureau, the Reserve Bank of India (RBI), the Bank’s
other branches,subsidiaries,affiliates, rating agencies, service providers, other banks,
financial institutions, and 3rd parties, any assigns, potential assignees or transferees, who
may need the information and may process the information, publish in such manner and
through such mode as may be deemed necessary by the publisher, the Bank, RBI, including
publishing the name as part of wilful defaulter’s list from time to time, as also use for KYC
information verification, credit risk analysis, or for other related purposes. In this connection,
the Borrower waives the privilege of privacy and privity of contract. The Bank shall have the
right, without notice to or without any consent of the Borrower, to approach, make enquiries

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 Certificate Number: IN-AP90503339553409X

and obtain information, from any person including other banks, finance entities, credit
bureaus, Borrower’s employer, family members, any other person related to the Borrower, to
obtain any information for assessing track record, credit risk, or for establishing contact with
the Borrower or for the purpose of recovery of dues from the Borrower.
10. Rate of Interest
(i) Interest on the Loan will be charged on a daily reducing balance at monthly rests, which shall
be the aggregate of Spread at 4.75% % and the two-year marginal cost of lending rate
[MCLR], which is at present 9.05% % per annum. The present applicable rate of interest is
12.80%%. Such interest rate will be calculated on the date of the disbursement and will be
valid for the entire tenor of the Loan.
(ii) Without prejudice to the Bank’s rights and remedies, the Bank shall be entitled to charge, at
its own discretion, enhanced rates of interest and, or, charges on the Borrower’s outstanding
(as defined below) in the Loan account(s) or a portion thereof or for any default or irregularity
on the Borrower’s part which in the opinion of the Bank warrants charging of such enhanced
rates of interest for such period as the Bank may deem fit. The Borrower undertakes to pay
such interest mentioned herein.
(iii) Such interest shall start accruing from the date of disbursement of the Loan or the date of
disbursement of the first instalment of the Loan where such Loan is paid in instalments.
Without prejudice to the other rights of the Bank, if the Borrower defaults in making any
payment to the Bank, the Borrower shall pay to the Bank penal charges at the rate of 12.80%
(or at such higher rate as the Bank may specify from time to time) on the amount of such
default from the date of default till the date of payment and the Borrower shall be liable to pay
such amount to the Bank prior to closure of the loan amount.

11. Bank's right to demand immediate repayment

(i) If the Borrower fails to pay any amount under this Agreement on or before the due date or
commits a breach of any of the terms, covenants, and, or, conditions contained in this
Agreement;
(ii) If it is found that the Borrower has made any misrepresentation to the Bank;
(iii) If, there exist any circumstances which, in the opinion of the Bank, prejudicially affect or may
affect the Bank’s interest or the Borrower’s ability to repay the Loan; or
(iv) If, the Borrower commits any default under any other Agreement with the Bank, then without
prejudice to the Bank’s other rights, the Bank shall be entitled at its option to demand
immediate repayment of the outstanding amount of the Loan, interest, additional interest,
fees, costs, charges, expenses, stamp duty and all other sums whatsoever payable by the
Borrower to the Bank under this Agreement and, or, in connection with the Loan (hereinafter
collectively referred to as ‘the Borrower’s outstandings’) and the Borrower shall pay the same
to the Bank forthwith.

12. Power of Attorney

The Borrower hereby irrevocably appoints the Bank (through their agents and nominees) to be
attorneys and in the name of the Borrower to do all such acts, deeds and things and execute all such
documents, transfers and assignments which would concern the Loan in any manner. The authority
so given shall be construed as an agency coupled with interest and can be revoked only at the option
of the Bank.
13. Disclosure of Details
i). The Borrower agrees that for the Loan granted by the Bank, in case any default is committed in
the repayment of the Loan or in repayment of interest thereon or any of the agreed instalment of
the Loan on due date(s), the Bank and, or, the RBI will have an unqualified right to disclose or
publish the name and photograph of the Borrower as defaulter in such manner and through such
medium as the Bank or the RBI in their absolute discretion may think fit;
ii). The Borrower hereby agrees and gives consent to the disclosure by the Bank of all or any such:

(a) Information and data relating to the Borrower;

(b) The information or data relating to any credit facility availed of/to be availed by the Borrower;
and

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 Certificate Number: IN-AP90503339553409X

(c) Default, if any, committed by the Borrower in discharge of Borrower’s obligation,

as the Bank may deem, appropriate and necessary, to disclose and furnish to any credit
information agencies, including but not limited to TransUnion CIBIL Limited, an information utility
agency, such National E-Governance Services Ltd, or any other agency authorised in this behalf
by government authority including RBI (Authorised Agency);
iii) The Borrower also declares that the information and data furnished by the Borrower to the bank
are true and correct. The Borrower undertakes that:
(a) Authorised Agency so authorised may use, process the said information and data disclosed
by the Bank in the manner as deemed fit by them; and
(b) Authorised Agency so authorised may furnish for consideration, the proposed information
and data or products thereof prepared by them, to any banks/financial institutions and other
credit grantors or registered users, as may be specified by RBI in this behalf; and
iv) Further, the Borrower hereby confirms that the Borrower shall not raise any dispute in
whatsoever manner regarding information and, or, details furnished to Authorised Agency and,
or, other authorities and the same is binding on the Borrower.
14. Representations and Warranties
The Borrower makes the representations and warranties set out in this section to the Bank, in
reliance of which the Bank may grant the Loan:
(i) The Loan once granted by the Bank under Financing Documents constitute legal, valid, and
binding obligations of the Borrower enforceable in accordance with their respective terms;
(ii) The entry into, delivery and performance by the Borrower of, and the transactions
contemplated by the Financing Documents, do not and will not conflict:
(a) With any law; and
(b) With any document which is binding upon the Borrower or on any of its assets;
iii) Except to the extent disclosed to the Bank, 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;
iv) All information communicated to or supplied by or on behalf of the Borrower to the Bank from
time to time, is true and fair, correct, and complete in all respects as on the date on which it was
communicated or supplied. Further, nothing has occurred since the date of communication or
supply of any information to the Bank which renders such information untrue or misleading in any
respect; and
v) The Borrower has not taken any action and no other steps have been taken or legal proceedings
started by or against it in any court of law/ other authorities for its insolvency, bankruptcy,
winding up, dissolution, administration, or reorganization or for the appointment of a receiver,
administrator, administrative receiver, trustee, or similar officer of the Borrower or of any or all of
its assets.
Each of the representations set out above shall be deemed to be repeated on each day during the
tenure of the Loan.

15. Covenants
i) The Borrower shall provide all payment mandates including but not limited to electronic clearing
service (ECS), SI, or national automated clearing house (NACH) mandate, as and when
demanded by the Bank;
ii) Borrower shall ensure that all payment mandates including ECS, SI, or NACH mandate, if any,
provided to the Bank or to any person nominated by the Bank, are honoured at all times and
such mandates are not altered or amended without prior permission of the Bank;
iii) The Borrower shall ensure that the obligations under the Financing Documents shall at least rank
pari-passu with all its unsecured and unsubordinated obligations;
iv) The Borrower shall immediately, on demand by the Bank, pay the amount of any increased costs
incurred by the Bank as a result of:
(a) The introduction of or any change in (or in the interpretation, administration, or application of)
any law or regulation;
(b) Compliance with any law or regulation made before or after the date of the Loan (including
any law or regulation concerning capital adequacy, prudential norms, liquidity, reserve assets
or tax); or
(c) On account of factors beyond the control of the Bank;

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 Certificate Number: IN-AP90503339553409X

v) The Borrower agrees to indemnify and hold harmless the Bank, to the fullest extent permitted by
applicable law, for all losses and liabilities (including due to claims by a third party), incurred by
the Bank as a result of any breach by him/her of any Financing Documents;

vi) The Borrower shall submit the details of financials on such periodicity as required by the Bank;
vii) The Borrower shall promptly provide upon request of the Bank any further document/information
as may be required by the Bank and bear the stamp duty charges (if any);
viii) The Borrower undertakes to ensure that all information provided in the Financing Documents
shall remain true at all times during the tenure of the Loan;
ix) The Borrower undertakes to not do or omit to do and not permit any act, matter or thing which
would cause any of the representations and warranties, under the Financing Documents, to be
untrue, inaccurate, or misleading and immediately notify the Bank in writing of any such fact or
circumstance which might cause any of the representations and warranties set forth in this
Financing Documents to be untrue or misleading;
x) The Borrower shall promptly notify the Bank in writing upon occurrence of any breach of
covenant or representation or occurrence of event of default (as provided in the Financing
Documents) and the steps, if any, being taken to remedy it; and
xi) The Borrower shall promptly notify the Bank of any breach of any representations, warranties,
covenants, undertakings, or any other terms together with the steps taken to remedy it. Upon the
breach being reported, the Bank 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 Bank.

16. Tax
i) All sums payable by the Borrower under the Financing Documents shall be inclusive of all taxes
and shall be paid free of any restriction or condition and free and clear of and without any
counterclaim, set off, deduction or withholding, whether on account of tax deductions, charges,
stamp duty, liability, or impost or otherwise, if any, and the Borrower agrees as follows:
(a) The Borrower shall make all payments to be made by it without any tax deduction, unless a
tax deduction is required by law;
(b) The Borrower shall promptly upon becoming aware that it must make a tax deduction (or that
there is any change in the rate or the basis of a tax deduction) notify the Bank accordingly;

(c) If a tax deduction is required by law to be made by the Borrower, the amount of the payment
due from the Borrower shall be increased to an amount which (after making any tax
deduction) leaves an amount equal to the payment that would have been due if no tax
deduction had been required;
(d) If the Borrower is required to make a tax deduction, the Borrower shall make that tax
deduction and any payment required in connection with that tax deduction within the time
allowed and in the minimum amount required by law; and
(e) Within 90 days of making either a tax deduction or any payment required in connection with
that tax deduction, the Borrower shall deliver to the Bank evidence reasonably satisfactory to
the Bank that the tax deduction has been made or (as applicable) any appropriate payment
paid to the relevant taxing authority.

17. Notwithstanding anything stated elsewhere in this Agreement, the continuation of the loan shall
be at the sole and absolute discretion of the Bank and the Borrower’s outstandings shall be
payable by the Borrower to the Bank on demand. The Bank may at any time in its sole discretion
and without assigning any reason call upon the Borrower to pay the Borrower’s outstandings and
thereupon the Borrower shall pay the whole of the Borrower’s outstandings to the Bank without
any delay or demur.
18. The Borrower hereby confirms, declares, covenants, represents, warrants, and agrees that:
i) The EMIs shall automatically stand increased by any rates, taxes, charges, imposts, levies, and
monies whatsoever that are or may be levied on these or the transaction hereunder or which are
or may become payable by the Bank, by virtue of entering into this Agreement;
ii) To bear and pay all taxes, rates, duties, charges and other imposts and obligations, existing as
well as future, in respect of the transaction hereunder;

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 Certificate Number: IN-AP90503339553409X

iii) The Bank shall have a paramount right of set off and in exercise of the Bank’s general lien under
law, the Bank shall also have a paramount right of lien on all monies, accounts, securities,
deposits, goods and other assets and properties belonging to the Borrower or standing to the
Borrower’s credit (whether singly or jointly with any other person(s) which are or may at any time
be with or in possession or control of any branch of the Bank for any reason or purpose
whatsoever;
iv) Any statement of account furnished by the Bank shall be accepted by and be binding on the
Borrower and shall be conclusive proof of the correctness of the amounts mentioned therein;
v) The Borrower shall not be entitled to call upon the Bank to refrain from presenting any cheque for
payment and if the Borrower does so, the Bank shall nevertheless be entitled to present the
cheque for payment and in the event of dishonour the provisions under Chapter XVII of the
Negotiable Instruments Act, 1881, shall apply; and
vi) The Borrower is a major and is competent in law to execute this Agreement
vii) Any delay in exercising or omission to exercise any right, power, or remedy accruing to the Bank
under this Agreement or any other Agreement or document shall not impair any such right,
power, or remedy and shall not be construed to be waiver thereof or any acquiescence in any
default, nor shall the action or inaction of the Bank in respect of any default or any acquiescence
by it in any default affect or impair any right, power, or remedy of the Bank in respect of any other
default.
viii) This Agreement shall operate as a continuing security for all monies, indebtedness, and liabilities
aforesaid due by the Borrower to the Bank.
ix) The Borrower agrees that the Bank shall be entitled to transfer the Loan account to any of the
branches of the Bank after giving due notice.
x) Nothing herein contained shall prejudice any rights or remedies of the Bank in respect of any
other present or future security, guarantee, obligation or decree for any indebtedness or liability
of the Borrower to the Bank.
xi) Notwithstanding anything contained herein above, [I]/[We] confirm having agreed that the Bank
reserves the absolute right to cancel the limits (either fully or partially) unconditionally without
prior notice:
(1) In case the limits/part of the limits are not utilised by me/ us; and/ or
(2) In case of deterioration in the Loan accounts in any manner whatsoever; and/or
(3) In case of noncompliance of terms and conditions of sanction.
19. Event of Default
i) 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’):
(a) 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 Financing Documents;
(b) Default (other than a payment default) has occurred in the performance of any covenant,
condition, agreement, or obligation on the part of the Borrower under the Financing
Documents or as the case may be, to such other person, by the Bank (except where the
Bank is of the opinion that such default is incapable of remedy, in which event, no notice shall
be required);
(c) Breach of any representation, warranty, declaration, and, or, confirmation made or deemed to
be made under the Financing Documents;
(d) 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;
(e) It is or becomes unlawful for any Borrower to perform any of its obligations under the
Financing Documents;
(f) One or more events, conditions, or circumstances (including any change in law) shall occur
or exist which could have a material adverse effect on the Loan or its repayment;
(g) The Borrower, without the Bank’s prior written consent, charges, assigns, purports to charge
or purports to assign funds from the Loan;
(h) If any Governmental or other license, approval authorisation, consent, or exception, required
to enable the Borrower to perform any of its obligations under the Financing Documents, is
withdrawn or modified or if it becomes otherwise unlawful for the Borrower to perform any of
its obligations under this the Financing Documents; and

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 Certificate Number: IN-AP90503339553409X

(i) Any indebtedness of the Borrower becomes due prior to its stated maturity by reason of
default of terms thereof by the Borrower or any such indebtedness is not paid at its stated
maturity and such default, in the opinion of the Bank, will have a material adverse effect on
the Loan.
20. Consequences of Event of Default
Upon occurrence of any Event of Default, the Bank shall be entitled at its absolute discretion
to inter alia:
(i) 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 Bank;
(ii) Hand over the case to Recovery/ Resolution agents empanelled by the Bank for said
purpose. The details of recovery agent authorized to approach the borrower has been made
available on Bank website at https://bank.sbi/web/sbi-in-the-news/list-of-empanelled-
agencies.
(iii) Call upon the Borrower to pay all claims, costs, losses, and expenses that may be incurred by
the Bank 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, recovery
agency fees) and, or, on account of the failure of the Borrower of any of the terms and
conditions under the Financing Documents; and
(iv) Enforce any rights available to it under any law or contract.

21. Penal Charge

(i) Upon the occurrence of any Events of Default, the Borrower shall be liable to pay a Penal
Charge, as set out in detail under Schedule-II (Key Fact Statement) of the Arrangement
Letter, for any default or delay in repayment of the Loan and, or breach of any of the
conditions of the Financing Documents;
(ii) If the Borrower fails to pay any amount when due, under the Financing Documents, such
unpaid amount shall bear Penal Charge from the date such amount is due until the date on
which such amount is paid in full;
(iii) The payment of the Penal Charge shall not absolve the Borrower of the other obligations or
shall not affect any of the other rights of the Bank, under the Financing Documents; and
(iv) The Bank expressly reserves all its other rights that may accrue to it on any default by the
Borrower as per the Financing Documents.
22. Governing Law
This Agreement shall be governed by and construed and enforced in accordance with the laws of
India.
23. Grievance Redressal Mechanism
The Name, designation, address, and phone number of nodal grievance redressal officer has been
published on Bank website at https://bank.sbi/web/customer-care/addresses-and-helpline-nos-of-
grievances-redressal-cell.
24. Miscellaneous
(i) The Borrower confirms having received all the Financing Documents;

(ii) All rights and powers conferred on the Bank by this Agreement shall be in addition and
supplemental to any rights the Bank has as a creditor against the Borrower under any law for
the time being in force and Financing Documents and shall not be in derogation thereof; and
(iii) If any provision of this Agreement is illegal, invalid, or unenforceable for any reason, it will be
severed from the remaining provisions, which will remain unaffected.

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 Certificate Number: IN-AP90503339553409X

SCHEDULE I

INTERPRETATIONS

i) Capitalised terms used herein and not separately defined shall have the meaning given to such
terms in the Arrangement Letter;
ii) Words and phrases used but not expressly defined in this Agreement bear the meaning
commonly ascribed to them in Indian law or in India as the case may be;
iii) Technical words and phrases used but not expressly defined in this Agreement bear the
meaning commonly ascribed to them in India by persons engaged in the profession or business
or activity to which such words and phrases relate;
iv) All references in this Agreement to statutory provisions shall be construed as meaning and
including references to:
(a) Any statutory modification, consolidation, or re-enactment (after the date of this Agreement)
for the time being in force; and
(b) All statutory instruments, orders, rules, regulations, etc. made pursuant to a statutory
provision;
v) Words denoting the singular shall include the plural and vice versa, and words denoting any
gender shall include all genders. Where a word or phrase is defined, other parts of speech and
grammatical forms of that word or phrase shall have the corresponding meanings. Whenever the
context may require, any pronoun shall include the corresponding masculine, feminine, and
neuter forms;
vi) The terms ‘herein’, ‘hereof’, ‘thereof’, ‘hereinafter', and words of similar nature refer to this
Agreement as a whole;
vii) References to recitals, paragraphs, annexures, or schedules are, unless the context otherwise
requires, to recitals to, paragraphs of or annexures to or schedules to this Agreement.
Reference to this Agreement or any other agreement, deed or other instrument or document
shall be construed as a reference to such agreement, deed, or other instrument or document as
the same may from time to time be amended, varied, supplemented or novated, in accordance
with the terms thereof;
viii) The terms ‘include’ and ‘including’ shall, unless expressly stated otherwise, be deemed to be
followed by the phrase ‘without limitation’; and
ix) This Agreement shall be construed according to its fair language. The rule of construction to the
effect that ambiguities are to be resolved against the drafting party shall not be employed in
interpreting this Agreement.

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 Certificate Number: IN-AP90503339553409X

SCHEDULE - II
Annex-A

Key Facts Statement

Part 1 (Interest rate and fees/charges)

1 Loan proposal/ account No. 101250513048912 Type of Loan Term Loan

2 Sanctioned Loan amount (in Rupees) ₹5,00,000.00

3 Disbursal schedule 100 % upfront

(i)Disbursement in stages or 100% upfront.

(ii)If it is stage wise, mention the clause of loan agreement having

relevant details

4 Loan term (year/months/days) 84 Months

5 Instalment details

Type of instalments Number of EPIs EPI (₹) Commencement of repayment,

post sanction

Monthly 84 ₹9,042.00 01/06/2025

6 Interest rate (%) and type (fixed or floating or 12.80% pa and Fixed
hybrid)
7 Additional Information in case of Floating rate of interest

Reference Benchmark Spread (%) (S) Final rate (%) Reset Impact of change in the
Benchmark rate (%) (B) R = (B) + (S) periodicity reference benchmark
(Months) (for 25 bps change in
‘R’, change in:)
B S EPI (₹) No. of EPIs

NA NA NA NA NA NA NA NA

8 Fee/ Charges

Payable to the RE (A) Payable to a third party through RE (B)

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

i) Processing fees One-time ₹4,425.00 NA NA

(Incl GST)
ii) Insurance charges NA NA NA NA

iii) Valuation fees NA NA NA NA

iv) Any other NA NA NA NA

(please specify)
9 Annual Percentage Rate (APR) (%) 13.1 %

Signature Not Verified

Digitally signed by Hari Venkata
Suryanarayana Sasthri
Date: 2025.05.14 15:24:04 IST
Reason: Agreement Executed
Location: Andhra Pradesh

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 Certificate Number: IN-AP90503339553409X

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

i) Penal charges, if any, in case of delayed In the event of default in payment of any
payment instalment or any irregularity in the loan account,
penal charges at following rate will be applicable:
a)Irregularity upto 60 Days: 2.40% per annum on
the irregular portion for the period of irregularity.
b)Continuous irregular for a period beyond 60
days: 5% per annum on the irregular portion for
the period of irregularity.

ii) Other penal charges if any NIL

iii) Foreclosure charges, if applicable NA

iv) Charges for switching of loans from floating to NA

v) Any other charges (please specify) 1.Any prepayment of EMI in full or in part and
closure of account before the end of term will
attract the prepayment charges of 2% on the
prepaid amount. However, no pre-payment/
Prepayment charges to be levied if the Loan
Account is closed after the completion of Loan
tenure of 3 years;

2.In case of defense customers, 100% waiver of

prepayment/ Prepayment charges to be
applicable if the loan is closed after 6 months
from date of sanction; and

3.In case of Government/ Corporate sector

borrowers, no prepayment/ Prepayment charges
if the loan is closed after 6 months from date of
sanction from the proceeds of a new loan account
opened under the same scheme with the Bank.

4.No prepayment/ Prepayment charges under this

scheme for Platinum and Rhodium variant of
Corporate Salary Package customers, if the loan
is closed after 6 months from the date of sanction.

5.Subject to RBI directions, Prepayment charges/

pre-payment penalty of 2% on prepaid amount (in
case of the prepayment) and 2% of the
outstanding amount in case of the Prepayment to
be levied in case of all takeover cases by other
banks, irrespective of the tenure (including
defense customers).

6.The proceeds of pre-payment and, or

repayment received by the Bank will be adjusted
as per the following order of priority:
a) Charges;
b)Arrears Interest;
c) Interest; and
d)Principal.

7. Notwithstanding Clause 4 or any instructions to

the contrary given by the Borrower, the Bank shall
be at liberty to appropriate any amount paid by
them towards the Loan in such manner as the
Bank may deem fit and necessary.

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 Certificate Number: IN-AP90503339553409X

# NA- Not Applicable

Part 2 (Other qualitative information)

1 Clause of Loan agreement relating to Upon occurrence of any Event of Default, the Bank
engagement of recovery agents shall be entitled at its absolute discretion to inter
alia:
a)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 Bank;
b)Hand over the case to Recovery/ Resolution
agents empaneled by the Bank for said purpose.
The details of recovery agent authorized to
approach the borrower has been published on
Bank website at https://bank.sbi/web/sbi-in-the-
news/list-of-empanelled-agencies.

2 Clause of Loan agreement which details Grievance Redressal Mechanism is placed on

grievance redressal mechanism Bank’s website at https://sbi.co.in/web/customer-
care/customer-service-policies.
3 Phone number and email id of the nodal The Name, designation, address, and phone
grievance redressal officer number of nodal grievance redressal officer has
been published on Bank website at
https://bank.sbi/web/customer-care/ addresses-
and-helpline-nos-ofgrievances-redressal-cell.
4 Whether the loan is, or in future maybe, No
subject to transfer to other REs or
securitisation (Yes/ No)
5 In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing),
following additional details may be furnished:

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

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 Certificate Number: IN-AP90503339553409X

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

i) Cooling off/look-up period, during which 3 Days

borrower shall not be charged any penalty on
prepayment of loan

ii) Details of LSP acting as recovery agent and NA

authorized to approach the borrower

In witness hereof, the parties have signed and delivered the Agreement at the date and place above
mentioned.

Signed and delivered by

Mr. Hari Venkata Suryanarayana Sasthri

(Borrower) (Signature)

Signed on behalf of State Bank of India by

(Signature)

Authorized Officer, State Bank of India,Home Loan Centre-RACPC 2 VISAKHAPATNAM-AMT001

Branch

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Page 13 of 13
 Annexure: XP- 12

Irrevocable Standing Instruction given by the Borrower to the Bank

THE BRANCH MANAGER,

STATE BANK OF INDIA,
HINDUSTAN SHIPYARD,
GANDHIGRAM,
VSP,
VISAKHAPATNAM,
ANDHRA PRADESH, PIN- 530005

Madam/Dear Sir, Date: 14/05/2025

Mr. Hari Venkata Suryanarayana Sasthri

S/O Mr. H V Sharma
Irrevocable Letter of Authority/Standing Instruction
Personal Loan
Savings Bank/Current Account Number: 30253996075

I Mr. Hari Venkata Suryanarayana Sasthri, S/O Mr. H V Sharma, aged 48 Years 12 Months and
residing at BAJI JUNCTION SRINIVASANAGAR, GOPALAPATNAM, VISAKHAPATNAM, ANDHRA
PRADESH, PIN- 530027 undertake to deposit my salary every month for credit to the aforesaid
Savings Bank/Current account maintained at your branch till liquidation of the amount advanced to
me with up to date interest etc.
2. I further authorise you to deduct a sum of ₹ 9,042.00 (Rupees nine thousand forty two only) per
month beginning from the salary for the month of JUNE, 2025 from the aforesaid account for
adjustment towards the balance outstanding in the loan account till liquidation.

3. I hereby authorise State Bank of India, HINDUSTAN SHIPYARD Branch to collect and receive any
amount payable towards provident fund, gratuity, pension or similar dues on my behalf in the
event of my retirement/resignation/termination or discontinuation of my services for any reason
whatsoever.
4. I agree that the aforesaid authority shall be irrevocable till the entire amount of loan together with
interest stands liquidated. I further undertake to execute necessary authorisation/documents as
deemed just and necessary by the Bank.
5. I hereby undertake that I shall not shift/close my salary account with SBI and will continue to route
my salary from the same account till the currency of the loan.

Signature of the borrower

Mr. Hari Venkata Suryanarayana Sasthri

BAJI JUNCTION SRINIVASANAGAR,
GOPALAPATNAM, VISAKHAPATNAM,
VISAKHAPATNAM,
ANDHRA PRADESH,
PIN- 530027

Signature Not Verified

Digitally signed by Hari Venkata
Suryanarayana Sasthri
Date: 2025.05.14 15:24:04 IST
Reason: Agreement Executed
Location: Andhra Pradesh

09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025 15:13:39

Page 1 of 2
09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025 15:13:39
Page 2 of 2
 Annex-A
Key Facts Statement
Part 1 (Interest rate and fees/charges)

1 Loan proposal/ account No. 101250513048912 Type of Loan Term Loan

2 Sanctioned Loan amount (in Rupees) ₹ 5,00,000.00
3 Disbursal schedule 100 % upfront
(i)Disbursement in stages or 100% upfront.

(ii)If it is stage wise, mention the clause of loan

agreement having relevant details
4 Loan term (year/months/days) 84 Months
5 Instalment details

Type of instalments Number of EPIs EPI (₹) Commencement of

repayment, post sanction
Monthly 84 ₹9,042.00 01/06/2025
6 Interest rate (%) and type(fixed or floating or hybrid) 12.80% pa and Fixed

7 Additional Information in case of Floating rate of interest

Reference Benchmark Spread (%) (S) Final rate (%) Reset Impact of change in the
Benchmark rate (%) (B) R = (B) + (S) periodicity reference benchmark
(Months) (for 25 bps change in
‘R’, change in:)
B S EPI (₹) No. of EPIs
NA NA NA NA NA NA NA NA
8 Fee/ Charges

Payable to the RE (A) Payable to a third party through RE (B)

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

i) Processing fees One-time ₹4,425.00 NA NA

(Incl GST)

ii) Insurance charges NA NA NA NA

iii) Valuation fees NA NA NA NA
iv) Any other NA NA NA NA
(please specify)
9 Annual Percentage Rate (APR) (%) 13.1%

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Page 1 of 9
10 Details of Contingent Charges (in ₹ or %, as applicable)

i) Penal charges, if any, in case of delayed In the event of default in payment of any
payment instalment or any irregularity in the loan account,
penal charges at following rate will be applicable:
a)Irregularity upto 60 Days: 2.40% per annum on
the irregular portion for the period of irregularity.
b)Continuous irregular for a period beyond 60
days: 5% per annum on the irregular portion for
the period of irregularity.
ii) Other penal charges if any NIL
iii) Foreclosure charges, if applicable NA
iv) Charges for switching of loans from floating to NA
fixed rate and vice versa
v) Any other charges (please specify) 1.Any prepayment of EMI in full or in part and
closure of account before the end of term will
attract the prepayment charges of 2% on the
prepaid amount. However, no pre-payment/
Prepayment charges to be levied if the Loan
Account is closed after the completion of Loan
tenure of 3 years;

2.In case of defense customers, 100% waiver of

prepayment/ Prepayment charges to be
applicable if the loan is closed after 6 months
from date of sanction; and

3.In case of Government/ Corporate sector

borrowers, no prepayment/ Prepayment charges
if the loan is closed after 6 months from date of
sanction from the proceeds of a new loan account
opened under the same scheme with the Bank.

4.No prepayment/ Prepayment charges under this

scheme for Platinum and Rhodium variant of
Corporate Salary Package customers, if the loan
is closed after 6 months from the date of sanction.

5.Subject to RBI directions, Prepayment charges/

pre-payment penalty of 2% on prepaid amount (in
case of the prepayment) and 2% of the
outstanding amount in case of the Prepayment to
be levied in case of all takeover cases by other
banks, irrespective of the tenure (including
defense customers).

6.The proceeds of pre-payment and, or

repayment received by the Bank will be adjusted
as per the following order of priority:
a) Charges;
b)Arrears Interest;
c) Interest; and
d)Principal.

7. Notwithstanding Clause 4 or any instructions to

the contrary given by the Borrower, the Bank shall
be at liberty to appropriate any amount paid by
them towards the Loan in such manner as the
Bank may deem fit and necessary.

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Page 2 of 9
# NA- Not Applicable

Part 2 (Other qualitative information)

1 Clause of Loan agreement relating to Upon occurrence of any Event of Default, the
engagement of recovery agents Bank shall be entitled at its absolute discretion to
inter alia:
a)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 Bank;
b)Hand over the case to Recovery/ Resolution
agents empaneled by the Bank for said purpose.
The details of recovery agent authorized to
approach the borrower has been published on
Bank website at https://bank.sbi/web/sbi-in-the-
news/list-of-empanelled-agencies.

2 Clause of Loan agreement which details Grievance Redressal Mechanism is placed on

grievance redressal mechanism Bank’s website at https://sbi.co.in/web/customer-
care/customer-service-policies.

3 Phone number and email id of the nodal The Name, designation, address, and phone
grievance redressal officer number of nodal grievance redressal officer has
been published on Bank website at
https://bank.sbi/web/customer-care/ addresses-
and-helpline-nos-ofgrievances-redressal-cell.
4 Whether the loan is, or in future maybe, No
subject to transfer to other REs or
securitisation (Yes/ No)
5 In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing),
following additional details may be furnished:

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

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

i) Cooling off/look-up period, during which 3 Days

borrower shall not be charged any penalty on
prepayment of loan

ii) Details of LSP acting as recovery agent and NA

authorized to approach the borrower

Yours faithfully,

Branch Manager

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Page 3 of 9
 Declaration by Borrower

a) The terms of the Key Facts Statement have been explained to me/us in simple language by
the concerned official of the bank and I/we fully understand the terms of Key Facts
Statement.
b) I/we, confirm my/our acceptance to the terms of the Key Facts Statement as communicated
to me/us by the bank and request the bank to process my/our loan application.
c) Any revision in charges listed in KFS shall be displayed on Bank's website and I/We, give
confirmation that the same charges listed on Bank's website shall become applicable to
my/our loan application.

Borrower(s)

Mr. Hari Venkata Signature

Suryanarayana Sasthri

09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025

Page 4 of 9
 Annex-B
Computation of APR for Retail loans
Sr.No Parameter Details

1 Sanctioned Loan amount (in Rupees) ₹ 5,00,000.00

(Sl no. 2 of the KFS– Part 1)
2 Loan Term ( Sl no. 4 of the KFS– Part 1) 84 Months

a) No. of instalments for payment of principal, in case NA

of non-equated periodic loans
b) Type of EPI EMI
Amount of each EPI (in Rupees) and ₹9,042.00
Nos. of EPIs 84
(Sl No. 5 of the KFS– Part 1)

c) No. of instalments for payment of capitalised NA

interest, if any
d) Commencement of repayments, post sanction 01/06/2025
(Sl No. 5 of the KFS– Part 1)
3 Interest rate type (fixed or floating or hybrid) Fixed
(Sl No. 6 of the KFS– Part 1)
4 Rate of Interest (Sl No. 6 of the KFS– Part 1) 12.80%

5 Total Interest Amount to be charged during the ₹2,59,528.00

entire tenor of the loan as per the rate prevailing on
sanction date (in Rupees)
6 Fee/ Charges payable (in Rupees) ₹4,425.00

a) Payable to the RE (Sl No.8A of the KFS-Part 1) ₹4,425.00

b) Payable to third-party routed through RE NIL

(Sl No.8B of the KFS– Part 1)
7 Net disbursed amount (1-6) (in Rupees) ₹4,95,575.00

8 Total amount to be paid by the borrower ₹7,59,528.00

(sum of 1 and 5) (in Rupees)

9 Annual Percentage rate- Effective annualized 13.1%

interest rate (in percentage)
(Sl No.9 of the KFS- Part 1)
10 Schedule of disbursement as per terms and 100 % upfront.
conditions
11 Due date of payment of instalment and interest 01/06/2025

Borrower(s)

Mr. Hari Venkata Signature

Suryanarayana Sasthri

Signature Not Verified

Digitally signed by Hari Venkata
Suryanarayana Sasthri
Date: 2025.05.14 15:24:04 IST
Reason: Agreement Executed
Location: Andhra Pradesh
09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025
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 Annex C

Detailed Repayment Schedule for the loan illustrated in Annex B

Installment Outstanding Principal Principal Interest Installment
No (in Rupees) (in Rupees) (in Rupees) (in Rupees)

1 500000 3708.67 5333.33 9042

2 496291 3748.23 5293.77 9042

3 492543 3788.21 5253.79 9042

4 488755 3828.61 5213.39 9042

5 484926 3869.45 5172.55 9042

6 481057 3910.73 5131.27 9042

7 477146 3952.44 5089.56 9042

8 473194 3994.6 5047.4 9042

9 469199 4037.21 5004.79 9042

10 465162 4080.27 4961.73 9042

11 461082 4123.8 4918.2 9042

12 456958 4167.78 4874.22 9042

13 452790 4212.24 4829.76 9042

14 448578 4257.17 4784.83 9042

15 444321 4302.58 4739.42 9042

16 440018 4348.47 4693.53 9042

17 435670 4394.86 4647.14 9042

18 431275 4441.74 4600.26 9042

19 426833 4489.12 4552.88 9042

20 422344 4537 4505 9042

21 417807 4585.39 4456.61 9042

22 413221 4634.3 4407.7 9042

23 408587 4683.74 4358.26 9042

24 403903 4733.7 4308.3 9042

25 399170 4784.19 4257.81 9042

09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025

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Installment Outstanding Principal Principal Interest Installment
No (in Rupees) (in Rupees) (in Rupees) (in Rupees)

26 394386 4835.22 4206.78 9042

27 389550 4886.8 4155.2 9042

28 384663 4938.92 4103.08 9042

29 379725 4991.6 4050.4 9042

30 374733 5044.85 3997.15 9042

31 369688 5098.66 3943.34 9042

32 364589 5153.05 3888.95 9042

33 359436 5208.01 3833.99 9042

34 354228 5263.56 3778.44 9042

35 348965 5319.71 3722.29 9042

36 343645 5376.45 3665.55 9042

37 338269 5433.8 3608.2 9042

38 332835 5491.76 3550.24 9042

39 327343 5550.34 3491.66 9042

40 321793 5609.54 3432.46 9042

41 316183 5669.38 3372.62 9042

42 310514 5729.85 3312.15 9042

43 304784 5790.97 3251.03 9042

44 298993 5852.74 3189.26 9042

45 293140 5915.17 3126.83 9042

46 287225 5978.27 3063.73 9042

47 281247 6042.03 2999.97 9042

48 275205 6106.48 2935.52 9042

49 269098 6171.62 2870.38 9042

50 262927 6237.45 2804.55 9042

51 256689 6303.98 2738.02 9042

52 250385 6371.22 2670.78 9042

09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025

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Installment Outstanding Principal Principal Interest Installment
No (in Rupees) (in Rupees) (in Rupees) (in Rupees)

53 244014 6439.18 2602.82 9042

54 237575 6507.87 2534.13 9042

55 231067 6577.29 2464.71 9042

56 224490 6647.44 2394.56 9042

57 217842 6718.35 2323.65 9042

58 211124 6790.01 2251.99 9042

59 204334 6862.44 2179.56 9042

60 197471 6935.64 2106.36 9042

61 190536 7009.62 2032.38 9042

62 183526 7084.39 1957.61 9042

63 176442 7159.95 1882.05 9042

64 169282 7236.33 1805.67 9042

65 162046 7313.51 1728.49 9042

66 154732 7391.52 1650.48 9042

67 147341 7470.37 1571.63 9042

68 139870 7550.05 1491.95 9042

69 132320 7630.59 1411.41 9042

70 124690 7711.98 1330.02 9042

71 116978 7794.24 1247.76 9042

72 109183 7877.38 1164.62 9042

73 101306 7961.4 1080.6 9042

74 93345 8046.33 995.67 9042

75 85298 8132.15 909.85 9042

76 77166 8218.9 823.1 9042

77 68947 8306.56 735.44 9042

78 60641 8395.17 646.83 9042

79 52245 8484.72 557.28 9042

09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025

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Installment Outstanding Principal Principal Interest Installment
No (in Rupees) (in Rupees) (in Rupees) (in Rupees)

80 43761 8575.22 466.78 9042

81 35185 8666.69 375.31 9042

82 26519 8759.13 282.87 9042

83 17760 8852.56 189.44 9042

84 8907 8907.09 134.91 9042

Borrower(s)

Mr. Hari Venkata Signature

Suryanarayana Sasthri

09082 - HINDUSTAN SHIPYARD 101250513048912 5866294 14/05/2025

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