SANCTION LETTER

Sanction Date: 08 Sep, 2022

Application Reference No: LA-1608709

Applicants: Mr. RAHID RASHID KHAN & Mrs. SHAHIN RAHID KHAN
FLAT NO 1510, INDIAN SRA CHS LTD, C S T ROAD CHEMBUR, VATSALATAI NAIK NAGAR, MUMBAI, Mumbai, MUMBAI, MH, India, 400071
Regd. Mail ID: [email protected] | Regd. Contact No. 9819785806

Dear Sir/Madam
With reference to your loan application, we are pleased to inform you that your loan request has been approved in principle by Piramal Capital and Housing Finance Limited (PCHFL)
(erstwhile known as Dewan Housing Finance Corporation Limited), on the following terms and conditions:

Particulars Primary Loan

Nature of Facility Business Loan
Transaction Type UBL
Loan Amount Rs.1,000,000
Life Insurance Premium Rs.23,899
Interest Rate Type Fixed
RPLR 19.92% p.a
Spread +/(-) 0.08% p.a
Rate of Interest 20.00% p.a
Rest Frequency Monthly
Repayment Due Date 5th Of Every Month
Term of Loan 48 months
Installment Rs.31158.00
Processing Fees (Inclusive of GST) Rs.29,500
Mode of Payment NACH

Special Condition:
1. Full set of GST Copy req

If the above terms and conditions and the General Terms and Conditions printed overleaf are acceptable to you, please return the duplicate copy of this Sanction Letter duly signed by all
applicants as a token of your acceptance.

We look forward to disbursing this Loan and request you to complete all the formalities in this regard.

This is auto generated letter and does not require signature by PCHFL Official.

Accepted by :
RAHID RASHID KHAN & SHAHIN RAHID KHAN

Piramal Capital & Housing Finance Limited

(formerly Dewan Housing Finance Corporation Ltd.)
CIN : U65999MH2017PLC291071
Sanction_Letter_V4 Page 1 of 2
Registered office : 4th Floor, Piramal Tower, Peninsula Corporate Park, Garpatrao Kadam Marg, Lower Parel, Mumbai - 400013
T +91 22 6230 9200 F +91 22 6151 3444
www.piramalfinance.com
 Application Reference No: LA-1608709

General Terms & Conditions:

Sanction Expiry Date:Sat Oct 08 10:08:17 GMT 2022

1. Loan amount will be subject to credit assessment by PCHFL, compliance of KYC requirements and execution/submission of necessary documents as required by PCHFL.
2. Repayment of the Loan in EMIs will be from your primary operating account, through the National Automated Clearing House (NACH) system. You will be required to provide a
NACH Mandate Form duly signed by you and all the other bank account holders, authorizing your above bank to debit the above mentioned account with the amount of the EMI.
3. PCHFL, at its sole judgment and discretion and as per applicable law and regulatory guidelines, may increase or decrease or change the interest rate, which PCHFL shall intimate or
provide notice in this regard to you by updating on its web site. Such varied Interest Rate shall become accrued and payable from a prospective date intimated by the Lender and
shall be binding on you.
4. Margin/Spread Change: PCHFL shall have a right to change the margin/spread (thereby change in rate of interest) at any time during the currency of the Loan in the scenarios
including but not limited to i) upon occurrence of adverse change in money market condition ii) RBI revising the standard provision on assets, iii) RBI changing the risk weight for
assets, iv) in the event of any downward change in your credit rating (both internal as well as external)/credit risk profile iv) Occurrence of an Event of Default on your part .
5. Processing fees are not refundable.
6. The Loan together with interest and other charges shall be secured by such security as PCHFL may stipulate.
7(a). Opting for the loan amount along with life insurance in the sanction letter is only Your intent and such selection is not binding on PCHFL. Such selection shall become effective
only upon You explicitly instructing PCHFL in writing to disburse the premium to the insurance company directly and on complying with all the formalities as required by the
insurance company. PCHFL shall not be liable for any consequences/damages/losses arising out of non-compliance of the same.
7(b). You shall ensure that the insurance is for the entire term of the loan and accordingly renew the insurance from time to time and pay the premium for the same. PCHFL shall not be
responsible for the renewal of the insurance.
7(c). On cancellation of the loan amount and subsequently cancellation of the insurance policy, the rules of insurance company in respect of refund of premium shall be applied and
PCHFL shall not be responsible and liable for any loss arising out of such cancellation.
7(d). Claims if arising out of any unfortunate eventualities is a matter between the insurer and borrower, PCHFL is not liable for the same.
8. This offer is valid for a period of 30 days from the date of this letter and on the expiry of this validity period this sanction shall automatically stand cancelled with no prior intimation
from PCHFL. Restoring the sanction will be at the sole discretion of PCHFL including but not limited to any new conditions that PCHFL may require and payment of any additional
fees for such restoration.
9. You will be required to bear and pay applicable stamp duty, and all statutory and regulatory charges /taxes/GST, wherever imposed, levied, collected, withheld or assessed by any
government authority, whether on Loan approved herein, transaction documents, or otherwise, pursuant to the applicable laws, during the pendency of the Loan. These charges are
non-refundable in nature and payable at the time of disbursement as and when due.
10. This Sanction Letter is in supersession of any other Sanction Letter that may have been issued by PCHFL for this purpose.
11. Kindly make payment of the balance processing fees as indicated overleaf through a cheque marked "Account Payee only" drawn on and payable at any bank in India in the name of
"Piramal Capital and Housing Finance Limited" (If already paid, please ignore).
12. Notwithstanding anything contained in the loan documents, Interest shall begin to accrue in favour of PCHFL as and from the date of the disbursement of the loan. Disbursements
shall be deemed to have been made to the Borrower on the date of the cheque or pay order, or on the date on which the loan amount is transferred by PCHFL to the designated
account by RTGS/NEFT as the case may be. Interest on the loan will begin to accrue in favour of PCHFL from the date of cheque or pay order or the date of the RTGS/NEFT as the
case may be, irrespective of the time taken in transit/collection/realization of the cheque by the Borrower or the payee of such cheque.
13. This sanction shall stand cancelled and revoked if:
1. There is any material change in the opinion of PCHFL on the basis of which the Loan had in principle, been sanctioned.
2. Any material facts regarding your income, employment, or ability to repay, or any other relevant aspect of your application for the Loan is suppressed, concealed misrepresented or
not made known to us.
3. Any statement made in the loan application or otherwise is found to be misleading, untrue or incorrect.
14. Only applicable in case of E-Signature: You hereby confirm that you are executing this Sanction Letter electronically by submitting one time password received on your mobile
number registered with PCHFL and/or by affixing e-signature or digital signature certificate/, you confirm that you have read, understood and agreed to the terms and conditions as
set out herein and in the Transaction Documents and unconditionally bound by all these terms and conditions.
15. Interest Rate for each loan will be decided after considering various factors such as customer profile, tenure of loan, type of loan, value of security etc . Gradation of interest will be
based on factors such as Credit Bureau score, income, etc. For more details, please refer to our website www.piramalfiance.com.

Accepted by :
RAHID RASHID KHAN & SHAHIN RAHID KHAN

Piramal Capital & Housing Finance Limited

(formerly Dewan Housing Finance Corporation Ltd.)
CIN : U65999MH2017PLC291071
Sanction_Letter_V4 Page 2 of 2
Registered office : 4th Floor, Piramal Tower, Peninsula Corporate Park, Garpatrao Kadam Marg, Lower Parel, Mumbai - 400013
T +91 22 6230 9200 F +91 22 6151 3444
www.piramalfinance.com