Date: 29 August, 2022

I, Parmeshwar Mahadu Zirape, request IDFC FIRST Bank Limited to grant me a loan for the purchase of Consumer
Durable/ Consumption Finance product as follows:

Personal Details
Particular Details
Name Parmeshwar Mahadu Zirape
CRN No. 5825291337
Gender Male
Date of Birth 02-04-1991
Email ID [email protected]
Marital Status Married
Religion HINDU
Mobile 9373066469

Document Identication
PAN No. ******592K
Aadhar No. ********2949

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Permanent Residential Details
Address Wanisangam Parbhani,PARBHANI
Landmark
City | State PARBHANI | MAHARASHTRA
Pincode 431516
Residence Status Owned

Current Residential Details

Same As Permanent Address No
08 JADHAVVADI CHIKHALI PUNE,CHIKHALI
Address
,TAH HAVELI DIST PUNE
Landmark NEAR JOTIBA MANDIR
City | State PUNE | MAHARASHTRA
Pincode 412114
Residence Status Owned

CKYC / EKYC Details

Aadhaar Number XXXXXXXX2949
Mother's Name GAVLAN ZIRAPE
Father's Name MAHADU ZIRAPE
Spouse Name SWATI ZIRAPE
Biometric Validation Yes

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 Occupational Details
Type Of Employment Salaried
Designation OTH
Company Name BVG INDIA PVT LTD
08 JADHAVVADI CHIKHALI PUNE
CHIKHALI
TAH HAVELI DIST PUNE
Company Address Landmark: NEAR JOTIBA MANDIR
City: PUNE
State: MAHARASHTRA
Pincode: 412114

Other Details
Director Of Bank No
Director Of Other Bank No
Relative To Bank Director No
Relative To Other Bank Director No
Name: AZAD RAHMAN
Reference 1 Relation: FRIEND
Contact No.: 8180017200
Name: SWATI ZIRAPE
Reference 2 Relation: SPOUSE
Contact No.: 9699483199
Citizenship
Country Of Birth India
Place Of Birth
Country Of Residence As Per Tax Laws India
Foreign TIN

OSV Done By: SHUBHAM PATIL

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Authorization

i. I hereby authorize IDFC FIRST Bank Limited (“the Bank”), to conduct credit checks, references, make
enquiries, in its sole discretion and also authorize the Bank and its agents to share and obtain information,
records from any agencies, statutory bodies, credit bureau, bank,financial institutions, or any third party in
respect of the application, as it may consider necessary, the Bank shall not be liable for use/ sharing of the
information

ii. I authorize IDFC FIRST Bank and its representatives to communicate by way of E-mail, Call, SMS or
WhatsApp or through any other mode regarding my application, account activities, updates and offers from the
Bank. This consent overrides any registration for DNC / NDNC. I confirm that I am citizen and resident of
India. Further, I understand that the consent to receive calls / communications / offers shall be valid and shall
prevail over my current or any subsequent registration of mobile number for DNC / NDNC and shall continue
to be treated as my consent/ acceptance.

iii. The Bank reserves the right to retain the photograph and documents submitted with the application and shall
not returned back

iv. I authorize the Bank to submit application/other relevant documents submitted by me to CERSAI. I hereby
provide my consent to receive information from Central KYC Registry through SMS/mail on the above
registered number/email address

v. I authorize the Bank to finance us/Borrower for the premium of any third-party product available with the
Bank, taken by Borrowers as per Borrower's own wish from the said third-party of Borrower's choice under
the Loan and all the terms and conditions shall be additionally applicable thereto. All expenses, charges, fees,
taxes etc., as applicable on any such third-party product shall be incurred and paid by the Borrower, however,
in case borrower has availed such product, then Bank will not be responsible for any cancellations of any
third-party product and or after sales service.

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Declaration
I declare that all the particulars and information given in the Application Form are true, correct, complete and up-to-date in
all aspect and I have not withheld any information whatsoever. I confirm that no suit for recovery of outstanding dues or
money whatsoever and/or criminal proceedings have been initiated and/or pending against the Applicant/s. I hereby confirm
that no action or any steps have been taken or legal proceedings started by or against the Applicant in any court of law/other
authorities for winding up, dissolution, administration or re-organization or for the appointment of a receiver, administrator,
administrative receiver, trustee or similar officer or for Applicant(s)' assets. I declare that I have not made any payment in
cash, bearer, cheque or kind along with or in connection with this Application except for the application fees mentioned for
or Processing fees or any other fees prescribed in the Application Form to the executive collecting my/our application/and
I/Applicant shall not hold the Bank liable for any such payment made by us to the executive collecting this application. I
further declare and confirm that the credit facilities if any enjoyed by the Applicant(s) with other banks/financial
institutions/non- banking finance companies has been disclosed hereinabove. I hereby confirm that I am/are competent and
fully authorized to give declaration, undertakings etc. and to execute and submit this Application Form and all other
documents on behalf of the Applicant(s) for the purpose of availing loan, creation of security and representing generally for
all the purposes mentioned/required to be done for these presents. I hereby agree to abide by and be bound by all applicable
rules/regulations/instruction/guidelines including but not limited to those issued by the Reserve Bank of India, including the
FEMA Regulations 2000 Governing EEFC Accounts, the Foreign Exchange Management Act, 1999 and Foreign Account
Tax Compliance Act, 2010 (to the extent applicable to India) and the Common Reporting Standards (CRS), in force from
time to time. I confirm having declared our status as per the rules applicable under section 285BA of the Income Tax Act,
1961 (the Act) as notified by Central Board of Direct Taxes (CBDT) in this regard. I confirm that except to the extent
disclosed to the Bank, no director or a relative (as specified by RBI) of a director of a banking company (as specified by
RBI) or a relative of a senior officer of the Bank (as specified by RBI) is - the applicant(s), or a partner, managing agent,
manager, employee, director of our concern, or of our subsidiary or our holding company, or a guarantor on my/our behalf,
or holds substantial interest in our concern or my/our subsidiary or holding company. I/myself declare/confirm that the
current residence address mentioned/shared with IDFC FIRST Bank, in my Consumer Durable Loan application, is correct
and I/myself stay at the same address. I hereby submit voluntarily, at my/our own discretion, the physical copy of Aadhaar
card/physical e-Aadhaar / masked Aadhaar / offline electronic Aadhaar xml as currently issued or in any other/additional
form made available, from time to time, by UIDAI (Aadhaar), to IDFC FIRST Bank for the purpose of establishing my
identity / address proof and voluntarily give my consent in connection with me availing the Financial Facility from IDFC
and processing instructions for the said purpose and hereby give consent to IDFC FIRST Bank for verification of my
Aadhaar to establish its genuineness through any such acceptable manner stipulated by UIDAI or under any Act or law from
time to time. I have also been explained that submission of this document is not mandatory. I have the option to submit any
one of the document(s) as per the list of Officially Valid Documents (updated by the RBI from time to time). The consent
and purpose of collecting Aadhaar has been explained to me in local language. IDFC FIRST Bank has informed me that
am/are required to redact/ blacken out the first eight digits of Aadhaar number so that only last four digits of the Aadhaar
number are visible; and in case I do not redact/ blacken out the first eight digits of Aadhaar number, I authorized IDFC
FIRST Bank to redact/blacken out the Aadhaar number through appropriate means on my behalf. IDFC FIRST Bank has
also informed me that this consent and my Aadhar will be stored with IDFC. I/myself declare/confirm that the current
address mentioned/shared with IDFC FIRST Bank, in my Consumer Loan application, is correct and I/myself stay at the
same address.

I have been read out and explained in the language known to me, the contents of the loan documents and all other documents
incidental to availing the loan from IDFC FIRST Bank Ltd. And I have provided the consent for the said document through
an OTP validation. I hereby agree to abide by all the terms and conditions of the loan and the clauses of the same.

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Terms & Conditions

Easy Buy EMI Card

Below T&C shall be applicable to the Applicant for Easy Buy EMI card offer (Only applicable if EBC offer selected)
1. The non-refundable application fees for the Card is 0.00 The Card will be issued to the Applicant in 45 days after
the payment of 4/6 successful EMIs.
2. Applicant can also access the Virtual Easy Buy EMI Card through our IDFC FIRST Bank: MobileBanking App
https://idfcfir.st/Update
3. The limit mentioned to the Applicant is the limit at the time of application of the Card and subject to change at the
Bank's discretion.
4. If the Applicant loses the card, the Applicant can apply for fresh card and the Bank will issue it on the Applicant's
paying application fees for fresh card. A replacement fee of 199/- (Including GST) will be charged in case of
reissue/replacement.
5. Customer is responsible for submission of complete documents, as per the checklist in the form, for processing his /
her durable loan at the Bank, before delivery of product. He/ She has to ensure that documents reaches the Bank
Operations office.
6. The annual fee for Easy Buy EMI card is 99/- (Including GST).
7. Customer can use this card to apply for future loans with IDFC FIRST Bank. This is not a credit card. Any future
loans taken using the Easy Buy EMI card, may require additional checks at bank's end.

Standard Conditions :

1. IDFC FIRST Bank constantly evaluates your credit score. Some of the parameters we check include: Performance of
your other loans, your repayment track record, discipline of payments, etc
2. Ensure that payment for your loans, with all lenders are always made on time, failing which your card may get
blocked.

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 EMI :
1. A charge of 400/- (+ GST as applicable) will be levied against your account in case of EMI bouncing due to
insufficient balance.
2. Customer to maintain sufficient balance in your bank account from which EMI is to be debited. The account should
be funded at least 1-2 working days before the EMI due date.
3. A second attempt to recover EMI will be made 2-3 working days after the first presentation of every month. If
sufficient balance is not maintained, by this second attempt, a further bounce charge of 400/- (+ GST as applicable)
will be levied.
4. Please also note that non-payment of EMI within the calendar month will result in a penal charge of 2% of the unpaid
EMI or 300/- whichever is higher. For any clarifications of charges applicable to your account, refer Schedule of
Charges.
5. I/We are aware of the First EMI start date i.e., between 2nd and 5th of every month, depending upon the date of
disbursement. I/We acknowledge that the effective interest rate calculation shall start prior to the First EMI from the
month of disbursement, notwithstanding the date of disbursement and I/We acknowledge that I/We shall not raise any
dispute on the excess interest being charged at the time of loan foreclosure owing to aforesaid calculation.
6. Actual Rate of Interest may vary from that mentioned in the Sanction Letter which is due to system logics and
rounding off mechanism. However, your EMI amount will remain the same.

*This document is digitally verified. No signature required.

Name of the Parmeshwar Mahadu

Time Stamp: 01:17 PM
Borrower: Zirape
Date: 29/08/2022

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Date: 29 August, 2022
To : MR. Parmeshwar Mahadu Zirape

Dear Sir/Madam,

Greetings from IDFC FIRST Bank.

We are pleased to inform you that basis your application, we have sanctioned your Consumer Durable /
Consumption Loan, subject to the terms & conditions & details mentioned hereinafter

1. Product Details

A Application ID 101009681949

B Product Financed OPPO SMART PHONE

C Model Number VANILLA 10K TO 40K

D Scheme Name DS_DEALER102ROI

E ROI % (percentage per annum) 17.48%

F IMEI No. 861950056432135

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2. Loan Amount Break-Up (in )

A Cost Of Product 27500.00

B Margin Money from the Customer 200.00
C* Offers (bundled with the loan) 0.00
D=A-B+C Bundled Loan Amount 27300.00
E* Total Down Payment 5559.00
F=A+C+E Total Cost To Customer (excl. adv emi wherever applicable) 27599.00
G Gross | Net Tenor (months) 10 | 8
H Advance EMIs (no.) 2
I EMI Amount 2912

*Annexure : Split Of Offers & Down Payment (in )

E Total Down-Payment 5559.00

Facilitation Fee (incl. GST) 99.00
Advance EMI Amount (smart phone) 5460

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Schedule Of Charges

1st EMI Due Mode of Repayment NACH/PDC/Direct

Date(mm/dd/yyyy) of Loan Debit/Electronic Mandate
Cancellation and 1000/- or 5% of loan amount (Excl EMI Bounce charges
400/- (Excl GST)
Rebooking charges GST)-whichever is higher per presentation
Cheque Swap charges
Part Payment charges Part Payment is not allowed 500/- (Excl GST)
(per swap)
EMI Pickup/ Foreclosure / 5% of the balance principal
350/- (Excl GST)
Collection Charges Prepayment charges outstanding (Excl GST)

Charges are subject to change at the Bank's discretion, without any prior communication. For updated Schedule of Charges
refer to our website: https://idfcfir.st/bgc5htc.

NOTE:The aforesaid sanction of the loan will be subject to:

1. The aforesaid terms will be valid for a period of 45 days from date of this Sanction letter.
2. This Sanction letter should not be construed as giving rise to binding obligations on the part of the Bank to
provide the loan mentioned overleaf (the “Facility”). The Facility mentioned overleaf will be available solely
at the Bank’s discretion.
3. In the event, the customer does not want to avail the loan after the receipt of the sanction letter, then the
processing fees paid are not liable to be refunded under any circumstances.
4. The Bank shall at its own discretion and upon Borrower’s request, also finance the Borrower for the premium
of any third-party product available with the Bank, taken by Borrowers as per Borrower’s own wish from the
said third-party of Borrower’s choice under the Loan and all the terms and conditions shall be additionally
applicable thereto.
5. All expenses, charges, fees, taxes etc., as applicable on any such third-party product shall be incurred and paid
by the Borrower, however, in case borrower has availed such product, then Bank will not be responsible for
any cancellations of any third-party product and or after sales service.
6. T & C pertaining to Cash Back Offers from the Bank are available on the Bank’s Website;
https://idfcfir.st/cdofr
7. The Loan shall be utilized solely towards purchase of consumer durable products and shall not utilize the loan
proceeds for any purpose which is in violation of applicable law.
8. Any other terms and conditions as stipulated by the Bank from time to time. In case of any dispute, please call
on our customer service number on 18605009900.

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 9. In case of cancellation of loan / delivery of product is different from the one purchased / not received /
returned, get in touch with Dealer to foreclose the loan with IDFC FIRST Bank
10. In case of change in any personal details, like name, address, mobile number etc, it is the responsibility of the
customer to get it updated in the Bank records, with necessary proofs.

I have read the terms and conditions mentioned in this Sanction letter and accept the same.

*This document is digitally verified. No signature required.

Name of the Parmeshwar Mahadu

Time Stamp: 01:17 PM
Borrower: Zirape
Date: 29 August, 2022

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 Definition And Interpretation

1. Dues shall mean the principal/interest/any charges levied on the loan account which are payable within the
period stipulated as per the terms of sanction of the credit facility.

2. Overdue shall mean the principal/interest/any charges levied on the loan account which are payable, but have
not been paid within the period stipulated as per the terms of sanction of the credit facility. In other words, any
amount due to the bank under any credit facility is ‘overdue’ if it is not paid on the due date fixed by the bank.

3. Non-Performing Asset (NPA) - is a loan or an advance where

i. interest and /or instalment of principal remains overdue for a period of more that 90 days in respect of a
term loan.

4. “First In First Out” (FIFO) - The relevance of ‘First in First Out’(FIFO) is in appropriation of payments into
the borrowal account; The Principle of FIFO i.e., ‘First In First Out accounting method is relevant to arrive at
the No of days of overdue for determining the SMA/NPA status. The FIFO principle assumes that, the oldest
outstanding dues in the loan account needs to be cleared first. The FIFO method thus requires that what is due
first must be paid by the borrower first.
For example:- If in any loan account as on 01.02.2021 there are no overdues and an amount of Rs. X is due for
payment towards principal instalment/interest/charges any payment being credited on or after 01.02.2021 in
the loan account will be used to payoff the dues outstanding on 01.02.2021. Assuming that nothing is paid/or
there is partial payment (Rs Y) of dues during the month of February, the overdue as on 01.03.2021 will be Rs.
X-Y.
Additionally, an amount of Rs Z becomes due as on 01.03.2021. Now any payment partial payment into the
account on or after 01.03.2021 will be first utilized to payoff the partial due of 01.02,2021(Rs X- Rs Y). If
there is more recovery that the Rs. X- Rs.Y then after recovering dues of 01.02.201, the remaining amount will
be treated as recovery towards due of 01.03.2021.

5. Age of Oldest Dues – The age of oldest dues is reckoned in days from the date on which the oldest payment is
due and continues to remain unpaid. In the aforesaid illustration, if the Dues relating to 1st February 2021
remain unpaid till 01.03.2021, the age of the oldest dues is reckoned as 29 days on 02.03.2021.

6. Classification as Special Mention Account (SMA) and Non-Performing Asset (NPA)

Lending institutions will recognize the incipient stress in loan accounts, immediately on Default, by
classifying them as Special Mention Accounts (SMA) The basis of classification of SMA /NPA Category shall
be as follows:

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 Loans in the nature of revolving facilities like
Loans other than revolving facilities
cash credit/overdraft
Basis for classification –
Basis for classification –
Outstanding balance remains
Principal or interest
SMA SMA continuously in excess of the
payment or any other
Sub-categories Sub-categories sanctioned limit or drawing
amount wholly or partly
power, whichever is lower, for a
overdue
period of:
SMA-0 Upto 30 days
More than 30 days and upto More than 30 days and upto 60
SMA-1 SMA-1
60 days days
More than 60 days and upto More than 60 days and upto 90
SMA-2 SMA-2
90 days days

Illustrative movement of an account to SMA category to NPA category based on delay /non
payment of dues and subsequent upgradation to Standard category at day end process:

Age of
Due date SMA since
Payment oldest SMA / NPA NPA
of Payment covers Date /SMA Categorization
Date dues in Categorization Date
payment class date
days
01 01 Entire dues upto 01
NIL
.01.2022 .01.2022 .01 .2022
01 01 Partly paid dues of
1 SMA-O 01 .02.2022
.02.2022 .02.2022 01 .02.2022
Partly paid dues of
01.02.2022 02.02.2022 2 SMA-O 01 .02.2022 NA
01 .02.2022
Dues of 01.02.2022
not fully paid
01
01.03.2022 is also 29 SMA-O 01 .02.2022
.03.2022
due at EOD 01
.03.2022
Dues of 01.02.2022
fully paid , Due for
1 SMA-O 01 .03.2022
01.03.2022 not paid
at EOD 01.03.2022

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 No payment of full
dues of 01.02.2022 01 .02.2022
31 SMA- 1
and 01.03.2022 at 03.03.2022
EOD 03.03.2022
Dues of 01.02.2022
fully paid , Due for
01.03.2022 not fully 1 SMA-O 01 .03.2022
paid at EOD
1.03.2022
No payment of dues
of 01 .02.2022 ,01
01 01 .02.2022
.03.2022 and amount 60 SMA 1
.04.2022 03.03.2022
due on 01.4.2022 at
EOD 01 .04.2022
No payment of dues
of 01.02.2022 till 01 .02.2022
61 SMA 2
01.04.22 at EOD /02.04.2022
02.04.2022
No payment of dues
01 of 01 .02.2022 till 01
90 SMA 2
.05.2022 01.05.22 at EOD 01 .02.2022/02.04.2022
.05.2022
No payment of dues
of 01.02.2022 till 02.05.2
91 NPA NPA
01.05.2022 at EOD 022
02.05.2022
Fully Paid dues of
02.05.2
01.06.2022 01.06.2022 01.02.2022 at EOD 93 NPA NA
022
01 .06.2022
Paid entire dues of 01
.03.2022 & 02.05.2
01.07.2022 07.2022 62 NPA NA NPA
01.04.2022 at EOD 022
01 .07.2022
Paid entire dues of 01
01 01 .05.2022 & 02.05.2
32 NPA
.08.2022 .08.2022 01.06.2022 at EOD 022
01 .08.2022

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 Paid entire dues of 01
01 01 02.05.2
.07.2022 & 01.08.2022 1
.09.2022 .09.2022 022
at EOD 01 .09.2022
Standard
Paid entire dues of STD
01 Account
01.10.2022 01.09.2022 & 01 0 from 01
.10.2022 with No
.10.2022 .10,2022
Overdues

Note- Examples are illustrative and not exhaustive in nature covering common scenarios and that the IRACP norms
and clarifications provided by RBI on the subject will prevail.

6. Amortization Schedule/Repayment Schedule:- The Amortization Schedule shall be provided

separately after the disbursement of loan and shall consist details pertaining to exact due dates for
repayment of loan, breakup between principal and interest, in case of loan facilities with moratorium
on payment of principal and or interest, the exact date of commencement of repayment etc., shall also
be specified in the said amortization schedule.

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