KEY FACT STATEMENT (KFS)
The details mentioned in KFS is indicative and not exhaustive. The Loan shall be governed by the Loan Documents including the
Sanction Letter and agreement copy. In the event on a contradiction between of the terms and conditions set out herein and the Loan
Documents, the terms and conditions of the Loan Agreement shall prevail.
Part 1: Interest rate and fees/charges
Application No.
Date of issue of KFS <MM/DD/YYYY>
Type of Loan
Sanctioned Amount Rs.________________
Disbursal Schedule:
100% Upfront disbursal <Yes/No>
Clause reference in loan agreement for in case of stage Clause no.6.1; 9 (ii)
wise disbursement
Loan Tenure ____Years
Instalment Details:
Type of Instalment Monthly
No. of Equated Monthly Instalments (EMIs)
Equated Monthly Instalment (EMI) Rs.________________
Commencement of repayment, post sanction Pre EMI/ EMI due date starts from 1st calendar day of the Month
Interest Rate Type Fixed/Floating/Hybrid
Interest Rate _________% Per Annum
Additional Information in case of Floating rate of interest:
Reset periodicity Impact of change in the
Reference Benchmark Spread (%) Final rate (%) (Months) reference benchmark
Benchmark Rate (%) (B) (S) R = (B) + (S)
B S EMI (₹) No. of EMIs
1st of every
month
based on
HHF PLR
for extant
loans on
floating
rates
Fee and Other Charges:
Description of Payable to HHFL Payable to Third Party
Fees/Charges One time/Recurring Amount (in ₹) One time/ Recurring Amount (in ₹)
Processing Fees One time - -
Insurance Charges One time XXX
Annual Percentage Rate (APR) (%):
Details of Contingent Charges: #
Overdue charge 3% per month on overdue amount
Recovery charges As per actuals
Legal and Technical charges Rs. 5,999/- part of processing fee (Non-refundable)
Cancellation Charges for all types of loans Rs. 10,000/- ( Non-refundable)
Switch/Conversion or change of Interest Rate:
Up to 3% on principal outstanding amount
From Floating rate to Fixed rate and vice versa
Loan Interest certificate ( Current /
Forthcoming FY):
Loan Interest Certificate Current FY NIL
Provisional Interest Certificate NIL
Part or Full Prepayment of loan (on Floating
Nil
Rate of interest by Individual Borrower(s)
Cheque/ ECS return Rs. 250 (per bounce/return)
CERSAI charge for creation of Security interest -
NIL once every year
Statement of Account Rs. 750 for every additional request
Change of repayment mode-PDC to PDC
or ECS to ECS PDC/ECS to ACH/ NACH / Rs. 500
ENACH
EMI payment fee on account of non- submission
of PDC/ECS (per transaction)/ Rs. 300
ACH/NACH/ENACH
2% of principal prepaid + Applicable Taxes for Housing Loan
Part or Full Prepayment of loan (on Fixed Rate of 3% of principal prepaid + Applicable Taxes for Non-housing loan
Interest) by individual Borrower(s) In case of prepayment of loan is by own source (except borrowing from Bank/ HFC/
NBFC/ Any Financial Institution), no fee is applicable.
Loan Pre-closure statement Rs. 1,000
List of original Property Documents Rs. 1,000
Photocopy of original Property Documents Rs. 1,000
Incidental charges and expenses are levied to cover the cost, charges, and other expenses
Expenses to cover incidental cost
as per actuals applicable on a case-to-case basis.
Note: The above stipulated Schedule of Charges is subject to be revised from time to time by the Company and will be updated in the
Company's website www.hindujahousingfinance.com
# All amount specified above are net of applicable taxes
Part 2: Other qualitative information
1. Clause of Loan agreement relating to engagement of recovery agents: 15.1
2. Clause of Loan agreement which details grievance redressal mechanism: Refer MITC Clause I
3. Phone number and email id of the nodal grievance redressal officer
Phone: 044-3008 1649
Email:
[email protected] 4. Whether the loan is, or in future maybe, subject to transfer to other Regulated Entities or securitization: Yes
5. In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing), following additional details may
be furnished:
Name of the originating entity, along Name of the partner entity along Blended rate of interest
with its funding proportion with its proportion of funding (in %)
Note:
This Key Fact Statement is valid for Thirty (30) working days from date of issuance for the Borrower(s) / Co borrower(s)
/Guarantor(s)) to agree to the terms of the loan.
This Key Fact Statement (KFS) is not an offer of Credit. You will need to apply for the loan and meet our lending criteria before
we can determine whether you are eligible for this loan.
ACKNOWLEDGEMENT:
I have been read out and explained the contents of KFS in the vernacular language known to me, being _______________and I
have signed all of the said documents after having understood them completely and by signing the same I do hereby acknowledge
and agree to abide by all the terms and conditions of all of the said documents and all clauses of the same.
(Signature or thumb impression of the (Signature of the authorized person of HHFL)
Borrower(s) / Co borrower(s) /Guarantor(s))
Date:
Place:
COMPUTATION OF ANNUAL PERCENTAGE RATE (APR)
S.No. Parameter Details
1 Sanctioned Loan amount (in Rupees)
2 Loan Term (in months)
No. of instalments for payment of principal, in case of non-
(a) -
equated periodic loans
Type of EMI Monthly
(b) Amount of each EMI (in Rupees) Rs.
No. of EMIs XX Months
(c ) No. of instalments for payment of capitalized interest, if any -
(d) Commencement of repayments, post sanction XX days
3 Interest rate type (Fixed or Floating or Hybrid)
4 Rate of Interest (in %) XX %
Total Interest Amount to be charged during the entire tenor
5 of the loan as per the rate prevailing on sanction date (in
Rupees)
6 Fee/ Charges payable (in Rupees)
A Payable to HHFL
B Payable to third-party routed through HHFL
7 Net disbursed amount (1-6) (in Rupees)
Total amount to be paid by the borrower (sum of 1 and 5) (in
8
Rupees)
Annual Percentage Rate- Effective annualized interest rate
9 XX %
(in %)
Refer Repayment
10 Schedule of disbursement as per terms and conditions
Schedule
11 Due date of payment of instalment and interest DD/MM/YYYY
REPAYMENT SCHEDULE
Outstanding
Principal Interest Instalment
Instalment No. Principal
(in Rupees) (in Rupees) (in Rupees)
(in Rupees)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
Note: The above repayment schedule is under the following assumption:
