r L PM TU [ray Setlorent Letor Number-549452071 12022 Canora om Regd. Office - HFC Bank Dated : 07 Nov 2022 Limited, HDFC Bank House, To Senapati Bapat Marg, Lower Te pasish ROUT Parel (West), Mumbai 400 013. SASANAPURUSOTTAMAPUR, BARACHANA,OR-754296 ‘Subject : SETTLEMENT OF HDFC Bank Credit Card # *** ~ Alternate Account Number (AN) 0001019630001867523 Dear DEBASISH ROUT We refer to your discussion with our bank representative regarding due of Rs. 114549.42 outstanding and payable on your subject card account We take note of your financial constraint towards repayment of the entire dues as mentioned above. We like to state that the bank, after favorably considering your request as an exception , hereby agrees to settle the card account at Rs. '50000.00 (Amount in words.Rs. FIFTY THOUSAND ) payable in ONE instalments as detailed below Repayment Schedule [Payment Date [Amount Mode [Cheque/DD Number loa Nov-2022 0000.00] CASH This settioment is being granted on your undertaking to comply with the terms stated herein without setting any precedence and purely as an exception and is valid and effective only til NOV22 Please sign the copy of settlement as a token of acceptance of the aforesaid mutually agreed terms of the settlement i Received ,Accepted and Signed by Sed ‘On my own will free consent and volition Authorised Signatory Reta Portfolio (oR) Management Credit Received Accepted and Signed on behalf of Card Holder Cards in capacity of Galationship) Date Signature Note: In Compliance fo data security standards , Card Number willbe masked and Alternate Account Number (AAN) willbe provided in Setiement eter, ‘This sa system generated eotloment letter hence dial signature stays vaisTerms And Conditions: 1. Your credit cara account willbe teated as Setled only afer reazaion of agred settement amount wri agreed tenure. However the credit card account wil continue to acct interest & Penal charges as per Bank's exsting paley tthe entre, Setement instaiments are paid in fun case, CIBIL clearance Is requested by ya In futuro, the following Is payable a8 per case maybe: |) setdementis done in instalment, the ent waived off amount has to be pai ora clear CIBIL status 1 setomentis dono in multiple instalments, interest & charges wil acrve util final instalments pain this case, tho \wavved off amount along withthe interest & charges accrued during the setter tenure, remains payable ina singe shot 2. This settement shall supersede all he previous setlement offers made on te sald creat cag, 5. nthe event ofthe repayment schedule not being adhered and any cheque isnot being honoured, the setlement offer would be renderee nul and vod ana the entre outstanding would stand payable, 4. the transactions incurod onthe cri card subsoquont othe nitaon of his sttoment and prior to tho isuance of tho Setioment tetr thats nata part of ths setoment eter shall be payable separately by th cardholder Over ard above of ths sattement amount. The bank reserves is rights to demand and recover any such amount fom the cara alder regardless this sotlement 5. This settement etter may be teated asa Settlement No Oues Let, subject to payments made as per he lid down terms and conditions of eetlement within the spected tenure. 6, Please not under the Credit information Companies (Regulatons) Act:2005, formation of loan repayment would be shared with Creat Information Bureau of India Li. (CIBL) or any cher Cre rating agency / Reguatry body. Bank ategorcaly apraises the borrower that the loan ues are paid of under compromise settemert plan the status ofthe borrower snl be splayed as Seed or Post wnte of sete Inthe records of Great Rating Agency ves which may at hindrance in case of any ered assistance Is scught by tho borower a any fur dat; atamaively the loan lab is paid Intl then the status in the records of Crest Rating Agency wil inccate the same. Hence, Borower is advised fo choose Approprate pon accordingly. Customers account information s sent Cre nfrmation Companies (CICe) menth on month fr updat into thet Gatabase. it generaly takes 30 days om the morth-end to update the record n CiCs database 7. In tho event payments being made through acalecton agency. kindly ensure you receive duo recspt fr the same. Also check the ID of te agent Any incorrect receipt may render your payment ial 8, Except forth fest EMI that shall be payable by any made of payment, you are requested to kindly issue Post-dted cheques towards thereto! the monthly EMIs as Gelaled inthe repayment schedule. No payments wil be accopted by the bani in te Setlement terms post 25th of every calendar month except the frst nsaiment 9, The sottement terms detailed abave aren adlton to and notin derogation ofthe care member agreement an '& Conditions governing the usage of the HOFC bank Credit Card ye Terms 10. tis unconditionally agreed between th partes that upon fliment ofthis setlement al tigations intiated by he pat hereto agains the other respect of the account under ths setloment before any Courdbunal or regulator wil be witharawn by such intaing ary 11. Ploas be intimatod that, n caso you hold Promisr Banking Relationship with us, this settoment wil entail wthérawal of Sch Beets accorded to your aezour, post 30 gaye of ation of setvement without any fuer reterence o ismaton to you. However, he services avaiable to your Savings Bank Accaund Curent account Term Depast would connue. 12, Incase th customer has an atomate card! Link ere or Jumbo loan, the same wil got suspended /pro- closes Immecatly once the setlements agrees upon the primary card account 13 dank sues cgtal receipe tough an sms near realtime for aymeris deposited to our auhorsed agent. You may vey the authentic ofthe agent by scanning the OR code imprinted on ther enbty card or-tt.2022