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Signed Agreement PLA7214991101

The document provides loan details for an applicant including the loan amount, interest charges, processing fees, repayment amount, and schedule. The loan is for 52,000 rupees at 28% interest to be repaid over 24 monthly installments of 2,854 rupees each.

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ramanjireddy166
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© © All Rights Reserved
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0% found this document useful (0 votes)
735 views26 pages

Signed Agreement PLA7214991101

The document provides loan details for an applicant including the loan amount, interest charges, processing fees, repayment amount, and schedule. The loan is for 52,000 rupees at 28% interest to be repaid over 24 monthly installments of 2,854 rupees each.

Uploaded by

ramanjireddy166
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 26

Document ID: MR202GH789 Stamp Sr. No.

: CH 973809

Key Fact Statement

Date: 12 Apr 2024 Name of the Regulated entity: POONAWALLA FINCORP LIMITED Applicant Name: KOSTAM RAMANJI REDDY

Sr. No. Parameter Details


Loan amount (amount disbursed/to be disbursed to the borrower) (in
(i) 52,000
Rupees)
Total interest charge during the entire tenor of the loan (in Rupees)
(ii) 16,505
(excluding Broken Period Interest)
(iii) Broken Period Interest (in Rupees) 931
Other up-front charges, if any (break-up of each component to be given
(iv) 4,340
below) (in Rupees)
a) Processing Fees Incl. GST (in Rupees) 1,841
b) Insurance charges Incl. GST (in Rupees) 0
c) Stamp Duty 500
d) Value Added Services (DocOnline) 1999
(v) Net disbursed amount ((i)-(iv)) (in Rupees) 47,660
Total amount to be paid by the borrower (sum of (i), (ii), (iii) and (iv)) (in
(vi) 73,776
Rupees)
(vii) Rate of interest (p.a.) 28 %
Annual Percentage Rate - Effective annualized interest rate (in percentage)
(viii) (computed on net disbursed amount using IRR approach and reducing 39.73 %
balance method)
(ix) Tenor of the Loan (in months/days) 24 months
(x) Repayment frequency by the borrower Monthly
(xi) Number of installments of repayment 24
(xii) Amount of each installment of repayment (in Rupees) 2,854

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Details about Contingent Charges
(xiii) Rate of annualized penal charges in case of delayed payments (if any) 24% per annum
Repayment Instrument/Security Repayment Instrument bounce
(xiv) charges, cancellation & re-issue/ swapping charges, Duplicate No INR 500/- per instance
Objection Certificate
If Foreclosure or Prepayment is done from own funds of the
Borrower- Nil charges
(xv) Foreclosure Charges If Foreclosure or Prepayment is done by balance transfer from
another bank/financial institution- 4% on amount being prepaid
plus applicable Taxes
Cash collection/ cash handling charges*:

(xvi) *Applicable for cash collection done via Lender’s employees/personnel as INR 500/- (plus applicable Taxes) per instance
well as Cash deposited in Lender’s branch by the Borrower or any of their
representative, applicable on prospective basis.
Other disclosures
Cooling off/look-up period during which borrower shall not be charged any
(xvii) 3 days
penalty on prepayment of loan
(xviii) Purpose of loan Personal Use
Details of Lending Service Provider/Entity acting as recovery agent and
(xix) Poonawalla Fincorp Limited
authorized to approach the borrower
Name: Mr. Arnab Das
Designation: Principal Nodal Officer
Address: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Name, designation, address and phone number of nodal grievance
Mundhwa, Pune - 411036
(xx) redressal officer designated specifically to deal with FinTech/ digital lending
Phone Number: 02067808090
related complaints/ issues
The complete details of Principal Nodal Officer and Nodal Officer
are available at the below link:
https://poonawallafincorp.com/ombudsman-scheme.php

*The difference in repayment amount calculated from the total of EMI Amount given under the detailed repayment schedule (as provided herein below)
(excluding other up-front charges) vis-à-vis the amount mentioned under (v) is due to rounding off the EMI Amount under the detailed repayment schedule.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809

Repayment Schedule

Note: Broken Period Interest forms part of the first EMI.

Outstanding
Installment Installment Interest Principal
Date Principal Closing Principal Amount (in Rupees)
No. (in Rupees) (in Rupees) (in Rupees)
(in Rupees)
1 5 Jun 2024 52,000 3,785 2,144 1,641 50,359
2 5 Jul 2024 50,359 2,854 1,175 1,679 48,680
3 5 Aug 2024 48,680 2,854 1,136 1,718 46,962
4 5 Sep 2024 46,962 2,854 1,096 1,758 45,204
5 5 Oct 2024 45,204 2,854 1,055 1,799 43,405
6 5 Nov 2024 43,405 2,854 1,013 1,841 41,564
7 5 Dec 2024 41,564 2,854 970 1,884 39,680
8 5 Jan 2025 39,680 2,854 926 1,928 37,752
9 5 Feb 2025 37,752 2,854 881 1,973 35,779
10 5 Mar 2025 35,779 2,854 835 2,019 33,760
11 5 Apr 2025 33,760 2,854 788 2,066 31,694
12 5 May 2025 31,694 2,854 740 2,114 29,580
13 5 Jun 2025 29,580 2,854 690 2,164 27,416
14 5 Jul 2025 27,416 2,854 640 2,214 25,202
15 5 Aug 2025 25,202 2,854 588 2,266 22,936
16 5 Sep 2025 22,936 2,854 535 2,319 20,617
17 5 Oct 2025 20,617 2,854 481 2,373 18,244
18 5 Nov 2025 18,244 2,854 426 2,428 15,816
19 5 Dec 2025 15,816 2,854 369 2,485 13,331
20 5 Jan 2026 13,331 2,854 311 2,543 10,788
21 5 Feb 2026 10,788 2,854 252 2,602 8,186
22 5 Mar 2026 8,186 2,854 191 2,663 5,523
23 5 Apr 2026 5,523 2,854 129 2,725 2,798
24 5 May 2026 2,798 2,863 65 2,798 0

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809

Date: 12 Apr 2024


Loan Application No: PLA7214991101
Applicant: KOSTAM RAMANJI REDDY

Address: 2-71A, landmark:, Nuzendla Mandalam, Guntur, Lingamukkapalli, Andhra Pradesh 522659

Dear Customer,

Subject: Sanction of Personal Loan of INR 52,000 /- (Indian Rupees fifty-two thousand only) (“Loan”).

Thank you for selecting Poonawalla Fincorp Limited (“PFL”) for your loan requirement. We are pleased to communicate the sanction of the Loan, subject to
the terms and conditions mentioned here under.

Terms & Conditions of Sanction and Schedule of the Facility Agreement


Type of Loan Personal Loan
Security/Collateral Unsecured
A. Loan Amount Sanctioned: Rs. 52,000/-
B. Details of Insurance Premium
I) General Insurance Rs. 0/-
II) Life Insurance Rs. 0/-
Total amount (I+II) Rs. 0/-
C. VAS/Cross Sell Amount
Rs. 1999/-
(DocOnline)

1. Total Loan Amount (Rs.) 52,000/-


2. Interest Amount (Rs.) 16,505/-
3. *Indicative total Amount Payable (Rs.) 73,776/-
Total Loan Amount
4. Interest Type: Fixed

*Note: Amounts are indicative and are not inclusive of other applicable charges, charges payable in the event of
delay/default in repayment.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Rate of Interest (“ROI") 28% per annum (on reducing balance)
Broken Period Interest Interest charged from date of disbursement till start date of first Installment Amount/ EMI
Tenor 24 months

1. EMI Amount: Rs. 2,854/-


2. EMI Frequency: Monthly
Repayment Installment/ EMI
3. EMI Due Date: 5 of every English Calendar Month
4. EMI Start Date: 5 Jun 2024 (Post completion of Principal and/or Interest Moratorium, if any, applicable).

Processing Fees (Non-


INR 1,560/- (plus applicable Taxes)
Refundable)
Documentation Charges INR 0/- (plus applicable Taxes)
Stamp Duty INR 500 /- (plus applicable Taxes)
Terms & Conditions: As per the detailed annexure attached

**This is a system generated sanction letter

Annexure I: Applicable Charges

Description of Charges Amount/ Remarks


Repayment Instrument/ Security Repayment Instrument Bounce
INR 500/-
charges per instance:
Repayment Instrument/ Security Repayment Instrument
INR 500/- plus applicable Taxes
cancellation & re-issue/ swapping charges
Document retrieval charges INR 0/- plus applicable Taxes
24% per annum
Default Charges shall be levied in the circumstances specified below and
in case of occurrence of multiple events; the same shall be higher of the
charges specified below:
Sr. Description Levy of charges
Default Charges/Penal Charges
In case of nonpayment of any amount on 24% per annum on
1.
the Due Date overdue amount
In case of any Event of Default as
24% per annum on the
2. mentioned in clause 3.1.3 to 3.1.10 of the
outstanding principal
Facility Agreement
Duplicate No objection certificate INR 500/- plus applicable Taxes
a) If Foreclosure or Prepayment is done from own funds of the Borrower- Nil
charges
Foreclosure / Prepayment Charges
b) If Foreclosure or Prepayment is done by balance transfer from another
bank/financial institution- 4% on amount being prepaid plus applicable Taxes
Cash collection/ cash handling charges*:

*Applicable for cash collection done via Lender’s employees/personnel Rs. 500/- (plus applicable Taxes) per instance
as well as Cash deposited in Lender’s branch by the Borrower or any of
their representative, applicable on prospective basis.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Annexure II: Standard Terms and Conditions:

1. This Sanction Letter is valid for a period of 30 (thirty) days from the date hereof (“Validity Period”/ “Availability Period”).
2. The Loan Amount Disbursement is subject to satisfactory clearance and compliance of all terms and conditions.
3. Interest to be paid as and when applicable as per the frequency of the installment. Interest Rate is Fixed and on Reducing Balance Method.
4. Approach/ factors considered for assessing gradation of risks for each customer are a). Profile, financial stability, and market reputation b). Credit
history and duration of relationship with the Borrower c). Group strength, overall customer yield, future potential, repayment capacity based on
cash flows and other financial commitments d). Interest, default risk in related customer segment. e) the security for the loan as represented by the
underlying assets f) loan to value ratio g). mode of payment h). tenure of the loan i). geography (location) of the Borrower j). end use k). RBI
guidelines, other laws or any other factors on a case-by-case basis, as applicable.
5. Broken Period Interest forms part of the First EMI.
6. Part Prepayment is allowed.
7. Place of execution of this Sanction Letter and Facility Agreement(s) - Pune, Maharashtra.
8. Stamping/ Legal Expenses at actual(s) to be paid by the applicant or will be deducted at the time of Disbursement, if applicable.
9. Processing fees and other pre-determined expenses are to be paid by the applicant upfront or will be deducted at the time of Disbursement, if
applicable.
10. PFL shall be entitled to revoke the sanction and to add or to delete or modify all or any of the terms & conditions of the loan, inter alia, if there is
any material change in the purpose(s) of loan, if any information and/or statement given by the applicant is found incorrect, incomplete or
misleading, if there is breach of the terms & conditions of the loan, if the applicant does not submit duly accepted copy of this sanction letter to PFL
within stipulated period, etc. PFL decision in respect to material changes shall be final and binding on the applicant.
11. This Sanction Letter shall supersede all our previous oral & written communication on this subject.
12. All the applicable Taxes duties and levies would be additionally charged as per the law.
13. The issuance of this Sanction Letter of offer does not give/ confer any legal rights and PFL will be at full liberty to revoke this sanction due to any of
the reasons mentioned above or otherwise You shall inform PFL in writing about any change of your address, job, business, profession as the
case may be, immediately after such change.
14. You are prohibited from using the loan amount or any part thereof for any purpose other than for which it has been sanctioned. PFL resumes rights
to initiate the legal action and other remedies available to them as per the law for the recovery of the dues.
15. The schedule of charges as mentioned in Annexure I are subject to change as per the PFL's Policy and would be applicable irrespective of the
charges mentioned in the Sanction Letter. Any change in the terms and conditions including disbursement, schedule, interest rates, service
charges, prepayment charges, etc. shall be intimated to the applicant from time to time via email and shall be effective prospectively only.
16. PFL does not accept any responsibility nor liability for any loss or damage arising from any service failures or disruptions (including but not limited
to, loss of data) attributable to a systems or equipment failure or due to reliance by PFL’s third party products or inter-dependencies including but
not limited to electricity or telecommunications and for any consequences arising out of interruption of its business by Acts of God, riots, civil
commotion, insurrections, wars or any other causes beyond its control or by any strikes or lockouts.
17. You agree and acknowledge that the Value-Added Services and the Insurance are being provided by a third party. The Lender makes no
representations, warranties or undertakings with respect to any third party and their websites, applications and/or products or service including the
accuracy, completeness, authenticity, merchantability, non-infringement, absence of viruses, malwares, usefulness, suitability, reliability thereof.
The Lender hereby disclaims the liability for any loss, damage and any other consequence resulting directly or indirectly from or relating to your
access to the third party products or services or any transaction conducted via such third party.
18. A copy of loan agreement along with all enclosures quoted therein is attached with this Sanction Letter. The details loan documents shall contain
additional terms and conditions which have not been set out in this Sanction Letter and the Loan Documents shall be read together with the terms
and conditions specified in this Sanction Letter.
19. Latest three months bank statement to be provided as a proof of loan closure from owned funds.
20. In case of any query/ clarification, please drop a mail at [email protected] or call at our customer care toll free number –
1800 266 3201.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Customer Service/ Grievance Redressal
In case of any query/ grievance, you have option to reach us through our representatives as per the Query Resolution Process mentioned below:
Office Visiting Hours: Weekdays (Monday to Friday) and Saturdays (only Fourth and Fifth, if any) of the month from 10:00 AM to 6:00 PM
Contact Person: Customer Service Desk
Procedure to retrieve: Borrower/Applicant need to call on help line 1800 266 3201 or write us on : [email protected]
Turn Around Time (TAT) to retrieve Statement of Account - 15 days on mail & 17 days on mailing address.
Turn Around Time (TAT) to retrieve Copy of documents - 15 days on mail & 17 days on mailing address.
Turn Around Time (TAT) to retrieve original documents: Maximum 15 days post loan closure update and will be handed over to Borrower/Applicant at
Branch, post confirmation call.
Customer may refer the Grievance Redressal Mechanism as set out in the Grievance Redressal Policy at the below link for redressal of their grievances:
URL- https://poonawallafincorp.com/pdf/Grievance-Redressal-Policy.pdf
For details of Principal Nodal Officer(s)/Nodal Officer(s) along with salient features of the Scheme of Ombudsman, customer may refer the below link
available on the website of the Company:
URL- https://poonawallafincorp.com/pdf/Nodal-Officer-and-Principal-Nodal-Officer.pdf

SMA (Special Mention account) or NPA (Non-performing asset) classification as per RBI regulations
For the classification of a loan account as Special Mention Accounts (SMA)/ Non-Performing Asset (NPA) the following principle is applicable as on the
date of this Sanction Letter and all dates mentioned here-in are for illustration purpose only.
If there is a default in making payment of Principal or interest or any other amount wholly or partly levied by the Company on or before due date, then
such overdue loan account shall be classified as SMA (Special Mention account) or NPA (Non-performing asset) as per RBI regulations as indicated
in below table:
Overdue Classification
For a period up to 30 days SMA-0
For a period more than 30 days and up to 60 days SMA-1
For a period more than 60 days and up to 90 days SMA-2
For a period more than 90 days NPA*
*Upgradation of accounts classified as NPAs
Loan account once classified as NPA can be upgraded as standard only after entire arrears of principal, interest and any other amount are paid by the
borrower.
Illustration for Classification of borrowers account as SMA/NPA for easy reference:
If Due date of a Loan account repayment is April 05, 202X, then indicative SMA/NPA classification shall be as follows:
Overdue period of Principal / Interest / Any other amount SMA/NPA Classification Category SMA/NPA Classification date
Up to 30 days SMA-0 April 05, 202X
More than 30 days and up to 60 days SMA-1 May 05, 202X
More than 60 days and up to 90 days SMA-2 June 04, 202X
Over 90 days NPA July 04, 202X
If due date of a loan account is April 05, 202X, and full dues are not received by the Company on or before this date, the date of overdue shall be April 05,
202X and this account shall be tagged as SMA-0 .
If the loan account continues to remain overdue then this account shall be tagged as SMA-1 on May 05, 202X i.e. upon completion of 30 days of being
continuously overdue. Accordingly, the date of SMA-1 classification for that account shall be May 05, 202X.
If the loan account continues to remain overdue, it shall be tagged as SMA-2 on June 04, 202X i.e., upon completion of 60 days of being continuously
overdue. Accordingly, the date of SMA-2 classification for that account shall be June 04, 202X.
Similarly, if the loan account continues to remain overdue further, it shall be classified as NPA on July 04, 202X.

**This is a system generated sanction letter

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
FACILITY AGREEMENT

This Facility Agreement (“ Agreement ”) entered into at the place and on the date mentioned in Sanction Letter between

POONAWALLA FINCORP LIMITED , a company incorporated under the provisions of the Companies Act, 1956 and having its registered office at 201 and
202, 2nd floor, AP81, Koregaon Park Annex, Mundhwa, Pune - 411036, hereinafter referred to as “ Lender ” (which expression shall, unless it be
repugnant to the context or meaning thereof, mean and include its successors and assigns), acting through its Authorized Person of the FIRST PART ;

AND

The person(s) named and described in the Sanction Letter as Applicant (hereinafter referred to as the “ Borrower ” which expression shall, unless
repugnant to the context or meaning thereof, wherever the context permits, mean and include his/her heirs, estate, legal representatives, administrators,
successors, his/her executors and permitted assigns) of the SECOND PART .

The Lender and the Borrower shall hereinafter be collectively referred to as “ Parties ” and individually as “ Party ”.

WHEREAS:

1. The Lender is a non-banking financial institution engaged in the business of rendering finance to various customers.
2. The Borrower has approached the Lender for a loan of such amount as per Sanction Letter (“ Facility ” or “ Loan ”) for the purposes more
specifically described herein (“ Purpose ”).

Based on the representations and warranties of the Borrower, the Lender has agreed to provide the said Facility to the Borrower on such terms and subject
to the conditions contained in this Agreement herein below.

NOW, THEREFORE, in consideration of the mutual covenants, agreements, representations, warranties and indemnities set forth in this Agreement and for
other good and valuable consideration, the sufficiency of which is hereby acknowledged by the Parties, the Parties hereby agree as follows:

1. DEFINITIONS AND INTERPRETATIONS


1.1 Definitions
All capitalized terms used in this Agreement unless context otherwise so requires, shall have the following meanings:
Annual Percentage Rate : Means the effective annualised rate charged to the Borrower as specified in the Key Fact Statement.
Means any statute, enactment, law, regulation, ordinance, rule, judgment, order, decree, bye-law,
government approval, directive, notification, guideline, circular, requirement or other government
restriction or any decision or determination or direction by, or any interpretation, policy or administration of
Applicable Law : any of the foregoing, by any Government Authority having jurisdiction over the matter in question, whether
in effect as of the date of this Agreement or as may be in force from time to time, including but not limited
to Negotiable Instruments Act, 1881 (as amended from time to time) and The Payment and Settlement
Systems Act, 2007 (as may be amended from time to time).
Means such representatives of the Parties, if any, duly authorized by the Parties, to execute the
Authorized Person :
documents for and on behalf of the Parties to give effect to this Agreement.
Means time period within which the Facility needs to be availed by the Borrower as mentioned in the
Availability Period :
sanction letter.
Business Day : Means a day (other than a Saturday or Sunday) on which banks are generally open for general business.
Cooling off Period or Look-up Period : Means the time period as mentioned in the Key Fact Statement.
TU-CIBIL/ Other Credit Information
: Means TransUnion CIBIL Limited and Other Credit Information Companies approved by RBI.
Companies
Default Charges/Penal Charges : Means such charges as may be specified in the Schedule hereunder
Means the disbursement of the Facility amount, in lump sum or in tranches, made by the Lender to the
Disbursement :
Borrower.
Event of Default : Means any event or occurrence described in clause 3 hereof.
Means the loan of such amount as specified in Sanction Letter, availed by the Borrower for the Purpose
Facility :
as mentioned therein.
Means prepayment of all EMIs in full, along with applicable charges and Default Charges, prior to the last
Foreclosure :
Due Date/ Maturity Date and the term “ Foreclose ” shall be construed accordingly.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Means any national or state or provincial government authority, legislative, executive, administrative,
fiscal, judicial/ regulatory authority, statutory authority, government department, ministry, government
Government Authority : company, agency, commission, board, tribunal or public body or authority or instrumentality, including
courts of competent jurisdiction or other entity authorized to make laws, rules or regulations or pass
directions having or purporting to have jurisdiction in India.
Means with reference to Borrower, if:
1.1.1 the Borrower becomes insolvent or is unable to pay his/ her debts or fails or admits in writing in a
judicial, regulatory or administrative proceeding or filing his/ her inability generally to pay the debts
as they become due;
1.1.2 proceedings are instituted by or against the Borrower for adjudicating insolvency;
1.1.3 a trustee or receiver is appointed for the Borrower’s property;
1.1.4 a secured party has taken possession of his/her all or substantial assets or has a distress,
Insolvency :
execution, attachment or other legal process levied enforced or sued on or against his/her all or
substantial assets and such secured party maintains possession, or any such process is not
dismissed, discharged, stayed or restrained, in each case within 30 (thirty) calendar days
thereafter, or
1.1.5 causes or is subject to any event with respect to which, under the Applicable Laws, has the effect of
granting a judicial or quasi-judicial protection to him/ her or his/ her assets, or is analogous to a
bankruptcy or administration proceeding.
Means the monthly payment obligations of the Borrower to repay the Loan Amount and Interest accrued
Installment(s)/ "Equated Monthly
: on the outstanding Loan Amount to the Lender, which EMIs shall be payable by the Borrower to the
Installments (EMIs)"
Lender, at the intervals specified in the Repayment Schedule.
Means the interest chargeable on the Facility at the rate as specified in Sanction Letter that shall be
payable in accordance with the terms of this Agreement or such other rate as may be agreed mutually by
Interest :
and between the parties from time to time subject to compliance with Applicable Laws, including such
applicable guidelines as issued by the Reserve Bank of India (“RBI”).
Means the Key Fact Statement issued by the Lender and accepted by the Borrower in relation to the
Key Fact Statement :
Facility.
Means any one or more events, conditions or circumstances which, in the sole opinion of the Lender,
could reasonably be expected to adversely affect:
1.1.1 the realization of any rights and remedies of Lender under this Agreement;
1.1.2 the financial condition, business, operations, assets or business prospects of the Borrower(s);
Material Adverse Change :
1.1.3 the ability of the Borrower to observe or perform any of its obligations under the Agreement,
including but not limited to the payment obligations of the Borrower;
1.1.4 the legality, validity, enforceability, priority or effectiveness of this Agreement;
1.1.5 the ability of the Borrower to comply with the terms and conditions of this Agreement.
Means in relation to (a) an Installment, the date on or before which the Borrower shall make payment of
Payment Date : such Installment and (b) any other amounts payable under this Agreement, as and when such amounts
fall due for payment.
Means prepayment of one or more EMIs (but not all EMIs), along with applicable charges, prior to the
Prepayment :
designated Payment Date(s) and the term “ Prepay ” shall be construed accordingly.
Person : Means any individual, and shall include his/ her legal representatives, administrators, executors and heirs.
Means repayment instructions/ instrument(s) including but not limited to NACH, cheque, online
remittance, bank transfer and/ or any other payment instrument(s) recognized under Applicable Law
Repayment Instrument :
provided by the Borrower towards discharge of the due payment of the Installments is in the manner
specified in this Agreement.
Schedule/s : Means a schedule/s to this Agreement.
Means any and all present or future taxes, cess, levy, imposts, duty, stamp duty charge, fee, other
transaction tax, deduction or withholding in the nature of tax (together with any interest, penalties,
Taxes :
surcharges or fines relating to them) wherever imposed, levied, collected, due, withheld or assessed by
any Government Authority pursuant to the Applicable Laws.
Means the period commencing from the date hereof and ending with the date of the end of the period for
Tenure / Term of Facility :
which the last of the Installments are to be paid.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
1.2 Interpretations
In this Agreement, save where the context otherwise requires:
1.2.1 The singular includes the plural and vice versa.
1.2.2 References to the word “includes” or “including” are to be construed without limitation;
1.2.3 References to any law, statute or rules shall include references to such law, statute or rules as it may after the execution of this Agreement
be amended, supplemented or re-enacted from time to time;
1.2.4 A reference to “authorization” includes a consent, clearance, approval, permission, resolution, license, exemption, filing and registration;
1.2.5 The words 'hereof', 'herein', and 'hereto' and words of similar import when used with reference to a specific Section in, or Schedule to, this
Agreement shall refer to such Section in, or Schedule to, the Agreement, and when used otherwise than in connection with specific Sections
or Schedules, shall refer to the Agreement as a whole;
1.2.6 The words “other”, “or otherwise” and “whatsoever” shall not be construed ejusdem generis or be construed as any limitation upon the
generality of any preceding words or matters specifically referred to;
1.2.7 Words importing a particular gender include all genders;
1.2.8 The Sanction Letter, duly accepted by the Borrower shall be deemed to constitute an integral part of this Agreement. However, it is hereby
clarified that in the case of any inconsistency between the provisions of this Agreement and the provisions of the Sanction Letter, the
provisions of this Agreement shall prevail, to the extent of such inconsistency;
1.2.9 All cognate expressions relating to clause 1.1 shall be construed accordingly.
Headings and the use of bold typeface shall not be used in any way for purposes of interpreting this Agreement.

2. TERMS OF FACILITY
2.1 Facility and application of proceeds
2.1.1 Subject to terms and conditions of the Agreement, the Lender, at the request of the Borrower agrees to provide to the Borrower, and the
Borrower agrees to accept a loan (“ Facility ”) as specified in Sanction Letter for the purpose for which it is granted in such tranches as
mentioned herein and, on such terms, and conditions mentioned herein.
2.1.2 All Disbursements under this Agreement shall:
2.1.2.1 be made only during the Availability Period;
2.1.2.2 not at any time exceed the Facility; and
2.1.2.3 be subject to the satisfaction (or waiver) of each applicable condition precedent set forth in this Agreement.
2.1.3 The Loan Amount may be disbursed by the Lender at the Lender’s discretion basis Borrower’s request or otherwise at such bank account/
favoring as mentioned in Schedule I hereinunder.
2.1.4 If the sanction/ enhancement is not disbursed at the end of the Availability Period, for any reason whatsoever, the sanction will stand
automatically withdrawn, unless extended by the Lender.
2.1.5 The Lender shall have the right to terminate all and/or any undrawn part of the Facility without giving notice to the Borrower. The Lender shall
intimate the Borrower of such termination of the undrawn Facility within a reasonable time period.
2.1.6 During the Cooling off Period/ Look-up Period the Borrower can exercise his/her option to exit from/cancel the Loan by paying the Principal
outstanding dues along with proportionate Annual Percentage Rate as mentioned in the Key Fact Statement.
2.2 Utilization of Facility
The Borrower agrees that unless permitted by the Lender in writing the Borrower will apply proceeds of each Disbursement under the Facility only
for the specified purpose approved by the Lender and subject to the terms, conditions and covenants contained in this Agreement. The Borrower
further agrees and undertakes not to utilize the Facility for any illegal purpose.
2.3 Interest
2.3.1 The Borrower agrees, undertakes, and covenants that until repayment of the entire Outstanding Balance, the Borrower shall pay Interest.
2.3.2 The Interest payable has been stipulated in the Schedule-I hereto and shall remain fixed during the Tenure. The Lender may in its sole
discretion with written notice to the Borrower revise upward(s)/ downward(s) the Interest suitably and prospectively, if unforeseen and
exceptional or extraordinary changes in the money market conditions take place or if required by regulatory or other authorities during the
period of this Agreement. The Lender shall be entitled to recompute the Repayment Installments if it varies/ revises the Interest. Such
variation shall be subject to the terms of the Sanction Letter and shall be communicated to the Borrower through notice and binding on the
Borrower.
2.3.3 The borrowing under this Agreement is a commercial transaction. The Borrower waives any defense under the usury/ moneylenders or other
laws relating to charging of Interest.
2.4 Conditions of making Disbursement.
2.4.1 The Lender shall not make any Disbursement until this Agreement has been provided and duly executed by the Borrower.
2.4.2 The Lender through such mode as may be mutually agreed between the Parties shall make the Disbursement to the Borrower. All
collection/remittance and/or other charges in relation to each Disbursement shall be borne solely by the Borrower. The Borrower agrees to
provide all necessary information and documents to the Lender to make the Disbursement(s).
2.4.3 Every Disbursement once made shall be irrevocable/non-cancellable unless otherwise consented by the Lender in writing.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
2.5 Mode and Terms of Payment.
2.5.1 Mode of Payment:
All payments required to be made by the Borrower to the Lender, including the payment of Installments along with all Taxes, charges, costs,
and expenses may be paid by way of Repayment Instrument or such other modes of settlement of financial obligations as may be required
by the Lender.
2.5.2 Repayment of Facility:
2.5.2.1 The Borrower shall repay the Facility in Installments during the Tenure, on each Payment Date as specified in the Sanction
Letter/Repayment Schedule or any other document related to the Facility.
2.5.2.2 If the Borrower fails to pay any amount due to the Lender under this Agreement, such unpaid amount shall bear Default
Charges from the date such amount is due until the date on which such amount is paid in full.
2.5.2.3 If the Payment Date falls on a day, which is not a Business Day, the immediately preceding Business Day shall be the due date for
such payment.
2.5.2.4 The Borrower agrees that it shall be entirely Borrower’s responsibility to ensure prompt and regular payment of all amounts due and
payable under this Agreement, including but not limited to Installments, all costs and expenses incurred under this Agreement and all
other amounts payable by the Borrower to the Lender, subject to such applicable guidelines as issued by the Reserve Bank of India
in respect of the Facility on the respective Payment Dates and in the manner provided in this Agreement.
2.5.2.5 The Borrower shall be required to pay all duties, Taxes, costs, imposts and statutory levies and such other charges, actual that may
be imposed by the statutory authorities from time to time pertaining to or in connection with all sums due under this Agreement. All
payments to be made by the Borrower under this Agreement shall be paid exclusive of any Tax and without any set-off or counter-
claim and free and clear of any withholding or deduction except as required by Applicable Law. If any deduction is made, the amount
of payment due shall be increased to an amount which, after making such deduction, leaves an amount equal to the payment which
would have been due if no deduction had been required. Within 30 (thirty) days of making a deduction, the Borrower shall deliver to
the Lender evidence reasonably satisfactory to the Lender that the deduction has been made to the concerned authority.
2.5.2.6 Borrower shall make all payments into a bank account as may be specified by the Lender and as the Lender may direct from time to
time.
2.5.2.7 The Borrower shall duly and punctually pay the representative expenses, collection expenses, compensation charges for late
payment, costs of legal proceedings, damages and any other charges taxes, surcharges, cess, levies and/or any other duties and
other sums that may be due and payable under this Agreement and perform and comply with all the other terms, conditions and
covenants contained in the Agreement.
2.5.2.8 The Borrower shall indemnify and keep the Lender indemnified from and against all liabilities, claims, losses, damages and
expenses whatsoever in respect of its obligations and liabilities in connection with the payment of amounts due under this
Agreement and the Borrower shall be liable to pay such amounts, including any Interest, Default Charges, charges, etc.
forthwith on demand.
2.5.2.9 The Borrower hereby undertakes not to withhold the repayment of loan or any part of interest, charges, fees or the Installment’s on
the grounds of defects in calculation, applicable rates of interest or any other matter or reason connected therewith.
2.5.2.10 The Borrower hereby agrees that the Borrower has submitted security Repayment Instrument and/or or any other similar security
instrument(s) recognized under Applicable Law by way of additional security towards due payment of the Outstanding Balance and
submission of security Repayment Instrument shall be deemed to be an unconditional and irrevocable authority given by the
Borrower to the Lender to present these security Repayment Instrument for realization on occurrence of an Event of Default or
otherwise.
2.5.2.11 The Borrower agrees and undertakes that (i) the Borrower shall ensure that the Repayment Instruments/security Repayment
Instruments are honored on the first presentation; and (ii) the Borrower shall not in any event and in any circumstances instruct the
Lender not to deposit the said Repayment Instruments/security Repayment Instruments or stop payment on presentation of any of
the Repayment Instruments/security Repayment Instruments, and any such stop payment instruction in violation of this clause shall
be considered as null and void (iii) the Borrower shall not do any act to affect the negotiability of the Payment Instruments in any
way whatsoever. In case the Borrower revokes their Repayment Instrument/security Repayment Instrument without obtaining the
prior written consent of the Lender, the same shall be deemed to be an Event of Default as mentioned in this Agreement and
without prejudice to other rights and remedies available to the Lender under this Agreement and/ or under any other applicable law
in force, the Lender shall have the right to recall the Loan by serving a notice to the Borrower in this regard and the Outstanding
Balance shall become immediately due and payable. Notwithstanding anything contained herein, in such case, the Lender shall
have the right to initiate criminal action under the laws applicable for the time being in force against the Borrower.
2.5.2.12 Any non-presentation of the Repayment Instrument/security Repayment Instrument due to any reason shall not affect the liability of
the Borrower to pay the Repayment Installments or Outstanding Balance. The Borrower agree/s to replace the said Repayment
Instrument/security Repayment Instrument, if required by the Lender and the replaced Repayment Instrument/security Repayment
Instrument shall also form Security for repayment of the Loan Amount.
2.5.2.13 The Borrower hereby acknowledges that he/ she/ it shall be liable for any action arising out of dishonor of any repayment
instrument(s) including security repayment instrument(s) and also for non-maintenance of balance in the bank account of the
Borrower to honor such Repayment Instrument(s), security Repayment Instruments in addition to being liable for charges as per the
Sanction Letter per instance by way of penalty .
2.5.2.14 Time shall be of the essence for payment of Installment or other sums due under this Agreement.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
2.6 Fees and Operating Expenses
The Borrower shall be liable to pay the Lender processing/enrolment fee and such other costs and expenses at the rate specified in the Sanction
Letter or any other document related of this Agreement (or as agreed between the Borrower and the Lender from time to time) on the amount of the
Facility. The Borrower hereby agrees and acknowledges that the Lender at its discretion has the right to waive or negotiate any and/or all charges
as mentioned in the Agreement during the tenure of the loan.
2.7 Absolute obligations of Borrower
2.7.1 The Borrower agrees that, unless agreed by the Lender in writing, obligations of the Borrower arising out of this Agreement are absolute,
unconditional, and non-cancellable and are distinct and separate from any other obligations of the Borrower towards the Lender, whether
under this Agreement or otherwise. The obligations shall not be affected in any manner for any reason whatsoever.
2.7.2 No part of the obligations arising from this Agreement is conditional on or shall stand vitiated by any set- off or claim for any reason,
including, but not limited to termination of this Agreement.
2.7.3 The Borrower shall provide all the documents including Repayment Instrument(s) and security Repayment Instrument(s) within 2 (two)
Business Day(s) as required by the Lender from time to time.
2.8 Appropriation
Unless otherwise agreed by the Lender, any payments due and payable under this Agreement and made by the Borrower, may be appropriated, in
respect of any of the Disbursement or dues arising there from, in the following order:
2.8.1 Firstly, towards Interest payable under this Agreement,
2.8.2 Secondly, towards Principal amount of the Loan under this Agreement,
2.8.3 Thirdly, towards Default Charges,
2.8.4 Lastly towards Costs, charges, expenses, incidental charges and other monies including applicable Taxes that may have been
expended by the Lender in connection with this Agreement,
2.9 Prepayment
The Borrower may prepay the Facility in full or part together with accrued Interest thereon prior to the Payment Date only after obtaining the prior
approval of the Lender. The Facility will be considered fully paid only after obtaining ‘no due certificate’ from the Lender if paid as per terms of the
Facility to the satisfaction of the Lender. The Prepayment/Foreclosure charges will be applicable as mentioned in the Sanction Letter.
2.10 Mandatory Prepayment
The Borrower shall mandatorily prepay the Facility together with all amounts in connection with this Agreement upon the occurrence of an Event of
Default as per clause 3 of this Agreement on the part of the Borrower.
2.11 Modifications
The Borrower hereby agrees and confirms that the Lender reserves the right to amend or modify any terms and conditions of the Facility, including
without limitation the right to modify the Repayment Schedule or increase/decrease the Facility, revise any applicable interest rate, applicable
charges of the Facility. Any such change in the interest rate and/or applicable charges shall be effected only prospectively. The Borrower hereby
agrees that any such revisions or modifications shall be at the sole discretion of the Lender and shall be binding on the Borrower, however the
Lender shall communicate the same to the Borrower in the manner as mentioned in clause 11.1 ( Notice ) of this Agreement.
2.12 Miscellaneous
The Parties may retain consultants as necessary, including outside legal counsel, at any time until all amounts accrued to be paid are indefeasibly
repaid in full. As of the date of this Agreement, the Parties have agreed to pay for their own out-of- pocket fees and expenses, including the fees
and expenses of each Party’s business consultants and outside legal counsel, incurred in connection with the negotiation, preparation, execution,
delivery, notarization, recordation, and implementation of the Agreement and the other documents, instruments, and approvals required to be
delivered thereunder.
If, further to a change of the Applicable Laws, regulations or of the interpretation of these rules, or further to a new decision made by any
Government Authority, it becomes unlawful for the Lender to perform any of its obligations as contemplated in this Agreement or to fund or
maintain the Facility, the Lender shall inform the Borrower as soon as possible upon becoming aware of that event. The Lender and the Borrower
shall then make his/her best efforts to find a solution satisfactory to each Party hereto during a ten (10) Business Days’ period as from the date of
the notice delivered by the Lender. Upon expiry of such period, the Lender shall declare all sums of principal, Interest, fees, costs and expenses
accrued or outstanding under this agreement immediately due and payable by the Borrower.
3. EVENTS OF DEFAULT
3.1 The following events and occurrences shall constitute an Event of Default for purposes of this Agreement:

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
3.1.1 Breach of representation or warranty or covenants: If there occurs a breach of any representation or warranty or covenant made or
deemed to be made by the Borrower in or pursuant to this Agreement.
3.1.2 Non-payment of Installment’s by the Borrower on the Payment Dates whether wholly or in part including dishonor of any Repayment
Instrument/ security Repayment Instrument issued by the Borrower (s).
3.1.3 Material Adverse Change: If there occurs any event or situation, such as and including but not limited to any Material Adverse Change as
solely determined by Lender in Borrower’s business or financial or other condition or operations or prospects, which in Lender’s sole opinion
is prejudicial to Lender’s interests or is likely to materially affect Borrower’s financial condition and/or Borrower’s ability to perform all or any
of Borrower’s obligations under this Agreement and to comply with any of the terms of this Agreement.
3.1.4 Failure by the Borrower to observe or perform any obligation contained in the Agreement and any such failure is not cured by the Borrower
within 15 (fifteen) days from the date of such failure.
3.1.5 All or substantially all of Borrower’s undertaking, assets or properties or its interests therein are seized, nationalized, expropriated or
compulsorily acquired by any Government Authority or there occurs any settlement or compromise or restructuring or any attempted
settlement or compromise or restructuring, in relation to any other credit facility availed by the Borrower from the Lender or any other
financial institution or bank.
3.1.6 Death of the Borrower;
3.1.7 Revocation of any Repayment Instrument/security Repayment Instrument by the Borrower without obtaining the prior written consent of the
Lender.
3.1.8 Litigation: Any pending or threatened litigation, investigation or preceding that may have a material impact on the business, condition
(financial or otherwise), operations, performance, properties or prospects of the Borrower or that purports to affect the Agreement, or the
transactions contemplated thereby.
3.1.9 Cross Default: (i) Where any indebtedness by way of any loan taken by the Borrower (other than the Facility under this Agreement) ( “
Other Indebtedness” ) becomes prematurely due and payable as a result of a default thereunder; or any event of default or event which,
with the giving of notice, lapse of time, determination of materiality or other condition, may constitute such an event of default occurs under
any contract or document relating to any Other Indebtedness; or any Other Indebtedness or any sum payable in respect thereof is not paid
when due; or (ii) any commitment for, or underwriting of, any Other Indebtedness is canceled or suspended as a result of an event of default
(howsoever described) under the document relating to such Other Indebtedness; or (iii) any other financial institution(s) or bank(s) with whom
the Borrower has entered into agreements for financial assistance have refused to disburse its/their loan(s) or any part thereof on account of
a Material Adverse Change; or (iv) there is any breach/default under any agreement by the Borrower or other party to such an agreement or
the Borrower or the other party to such an agreement does not comply with any term or conditions (whether financial, performance or
otherwise) of the agreement and such breach or non-compliance is, in the opinion of the Lender, likely to have a Material Adverse Change. If
at any time the said proceeds of the Facility are used for any purpose other than the purpose for which it was availed or are used for an
illegal or unlawful purpose.
3.1.10 Other Events of Default: In the sole opinion of the Lender, any other default, which adversely affects the fulfillment of obligations by the
Borrower under this Agreement and inability of the Borrower to cure any failure after the date on which Lender in writing notifies such failure
to Borrower as an Event of Default; Insolvency of the Borrower or any execution or distress or attachment or receiver or other process being
enforced or levied upon or against the whole or any part of the Borrower’s property. The Borrower abandons or threatens to abandon the
purpose for which the Facility was availed for. This Agreement becomes invalid, illegal or unenforceable; or is repudiated by the Parties to it
(save, the Lender) or ceases to be in full force and effect, or shall cease to give the Lender the interest, rights, powers and privileges
purported to be created thereby. If any information given by the Borrower in the reports and other documents and information furnished by
the Borrower from time to time in accordance with the provisions of this Agreement, the reporting system or the representations made or
warranties given/ deemed to have been given by the Borrower to the Lender is found to be misleading, untrue or incorrect at the date it was
made or deemed to have been made.
3.1.10.1 The Borrower or any other Person (other than the Lender) repudiates or disallows or takes any action or evidences to repudiate or
disallow or take any action to challenge the validity or enforceability of the Agreement.
3.1.10.2 If in the opinion of the Lender, any legal proceedings or other procedure or step is taken against the Borrower which may adversely affect
the Borrower’s ability financial or otherwise.
3.1.10.3 Any change in law which may in the sole opinion of Lender impact the Borrower’s ability to repay/pay the obligations.
3.1.10.4 The Borrower or any other Person (other than the Lender) repudiates or disallows or takes any action or evidences to repudiate or
disallow or take any action to challenge the validity or enforceability of the Agreement.
3.1.10.5 If in the opinion of the Lender, any legal proceedings or other procedure or step is taken against the Borrower which may adversely affect
the Borrower’s ability financially or otherwise.
3.1.10.6 Any change in law which may in the sole opinion of Lender impact the Borrower’s ability to repay/pay the obligations.
3.1.10.7 At any time, it becomes unlawful for the Borrower to perform or comply with any or all of its obligations under this Agreement.
3.1.10.8 The auditors when certifying any of the Borrower’s financial statements have made substantial qualifications or have refused to certify
them.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
3.2 In case of occurrence of an Event of Default as mentioned in clause 3.1.2 to 3.1.10 mentioned hereabove, without prejudice to any rights
of the Lender under this Agreement, any other finance documents, and Applicable Law, the Borrower shall pay the Default Charges as
set out in Schedule I.
3.3 Notice to Lender on the happening of an Event of Default
On occurrence of any Event of Default or any event which, after the notice, or lapse of time, or both, would constitute an Event of Default, the
Borrower shall, forthwith give notice to Lender in writing specifying the nature of such Event of Default, or of such event and the Lender shall
proceed to take any and/ or all actions, in no particular order, as it may deem appropriate.
3.4 Consequences of Default
If one or more of the Events of Default occur or are continuing, whether voluntarily or involuntarily, then, without derogation from the rights
mentioned in this Agreement and without prejudice to any other right or action that Lender may be entitled to under law or this Agreement against
the Borrower, Lender shall have the following rights:
3.4.1 Termination
The Lender may, at its sole discretion, terminate the Agreement, either wholly or partially, upon occurrence of any Event of Default.
3.4.2 Acceleration
The Lender, may by a notice in writing to the Borrower, declare the entire amounts payable under this Agreement, including
repayment instalments (due and payable) payable under this Agreement (“Amount Due”) as accelerated and payable forthwith
along with Interest, Default Charges, costs, charges, expenses etc.
(i) On receipt of any such notice, the Borrower shall immediately repay all Amounts Due as demanded by Lender pursuant to this clause in
entirety (or part thereof, if specified in such notice). The Borrower hereby waives any right it may have to further notice, presentment,
demand or protest in respect of any demand for immediate payment from the Lender.
3.4.3 In the event of Event of Default, Lender may, at their sole discretion, take such other legal remedial action as Lender may deem fit including
enforcing any rights available to the Lender under applicable laws, regulations or contract.
3.4.4 Notwithstanding the foregoing clauses, the Lender otherwise reserves its right to terminate the Agreement and to recall the Facility without
assigning any reasons, by providing a reasonable prior notice.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
4. REPRESENTATIONS, WARRANTIES AND INDEMNITIES
4.1 Representations and warranty of the Borrower
The Borrower hereby represents and warrants that:
4.1.1 The Borrower is resident citizen of India and has the competence and power to execute this Agreement and perform his/her obligations
under this Agreement;
4.1.2 The Borrower is financially solvent and has adequate net worth to be able to perform his/her obligations under this Agreement;
4.1.3 The Borrower has the competence and has obtained all authorizations (which are in full force and effect) to enter into and perform under this
Agreement and to carry on its business, operations or profession, as the case maybe;
4.1.4 The Facility once granted by the Lender under this Agreement shall constitute legal, valid and binding obligations of the Borrower
enforceable in accordance with its terms;
4.1.5 The execution and delivery of this Agreement and documents to be executed in pursuance hereof, and the performance of the Borrower’
obligations hereunder and thereunder does not and will not (i) contravene any Applicable Law, statute or regulation or any judgment or
decree to which the Borrower and/or its assets, businesses and/or undertakings is subject to, (ii) conflict with or result in any breach of, any
of the terms of or constitute default of any covenants, conditions and stipulations under any existing agreement(s) or contract(s) or binding to
which the Borrower is a party or subject, as the case may be;
4.1.6 The Borrower does not have, will not be entitled to, and will not claim any immunity for himself/ herself or any of his/ her respective assets
from suit, execution, attachment or other legal process in any proceedings in relation to this Agreement;
4.1.7 No litigation, investigation, arbitration, administrative or other proceedings are pending or threatened against the Borrower or his/ her assets,
which, if adversely determined, might have a Material Adverse Change in relation to the Borrower;
4.1.8 All clearances, permits, consents, acts, things or licenses necessary or appropriate for the execution and delivery of this Agreement and the
fulfilment of the Borrower’s obligations under this Agreement have been obtained from any Government Authority or from any existing
creditors of the Borrower or any other Person, as necessary, and are each in full force and effect;
4.1.9 No extraordinary circumstances shall have occurred which shall make it improbable for the purpose, for which the Facility is provided, to be
carried out and/ or for the Borrower to fulfil its obligations under this Agreement;
4.1.10 The Borrower is in compliance with and abides by all Applicable Laws and regulations;
4.1.11 The Borrower will not seek to claim or recover from Lender on any grounds whatsoever and/or in any circumstances whatsoever, any
purported damages or compensation, direct, indirect or consequential, for any acts or actions whatsoever of Lender hereunder and/or in
respect of the Facility, taken or omitted by Lender in terms hereof and/or pursuant hereto and/or the Borrower hereby expressly waives any
right to seek or make any such claim or recovery on any ground whatsoever;
4.1.12 The Borrower is not in arrears of any public demand such as income-tax, corporate tax and all other Taxes and revenues or any statutory
dues payable to the Government Authority and Borrower has complied in all material respects with all taxation laws in all jurisdictions in
which it is subject to taxation and has filed all tax returns;
4.1.13 Neither the Borrower, nor any Person acting on its behalf, has been engaged in (a) any corrupt/ fraudulent practices/ collusive/ coercive
practices in connection with the Borrower’s business or operations; or (b) money laundering; or (c) the financing of terrorism;
4.1.14 No Event of Default has occurred as on the date of execution of this Agreement;
4.1.15 The Borrower’s obligations under the Agreement rank at least pari passu with the claims of all its other unsecured creditors, except for
obligations compulsorily preferred by Applicable Law;
4.1.16 The Borrower or any other Person related to the Borrower do not figure in any Defaulter List;
4.1.17 The Borrower further acknowledges and confirms that the information or documents provided to Lender in connection with the Facility do
not contain any untrue statement of a material fact, nor do they omit to state a material fact necessary in order to make the statements
contained therein not misleading in light of the circumstances under which such statements were or are made.
Each of the representations set out in clause 4 above shall be deemed to be repeated on each day during the Tenure of the Facility.
4.2 Indemnity
The Borrower and his/her legal heirs, successors, executors, administrators shall fully indemnify and keep the Lender indemnified at all times
against all costs (including legal costs), liabilities, claims, losses, damages and expenses whatsoever in respect of its obligations and liabilities in
connection with the payment of amounts and the Borrower shall be liable to pay such amounts forthwith on demand. The certificate of costs,
charges and expenses, as certified by Lender shall be conclusive evidence against the Borrower for the amount due and payable under this clause.
4.3 Anti-Money Laundering and other laws
The Borrower hereby undertakes not to utilize the Facility for any money laundering or corrupt practices. The Lender may block or refuse to make a
payment under or in connection with the Facility and may refuse to permit a drawing under any Facility, if it believes on reasonable grounds that
making such payment or drawing may breach any Applicable Law including any law relating to anti-money laundering, anti-terrorism, anti-
corruption, anti-bribery. The Borrower shall ensure that any payment or drawing instruction will not cause or result in a breach of any Applicable
Law.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
5. COVENANTS
5.1 Positive Covenants
The Borrower covenants and undertakes that, during the Tenure of the Agreement, the Borrower will, unless Lender waives compliance in writing:
5.1.1 Utilize the Facility only for the purpose stated by it to Lender, and for no other purpose whatsoever;
5.1.2 Ensure payment of the loan instalment, Interest, Default Charges, charges and all monies owing to the Lender under this
Agreements per the schedule already confirmed and signed by the Borrower without claiming any deviation;
5.1.3 Obtain and comply with the terms of, and do all that is necessary to maintain in full force and effect, all authorizations, approvals, licenses
and consents required to enable it to enter into and perform its obligations under this Agreement, and to ensure the legality, validity,
enforceability and admissibility in evidence of this Agreement;
5.1.4 Promptly inform Lender of any material litigation, arbitration or other proceedings which can affect the Borrower, forthwith upon the same
being instituted or threatened by any Person whatsoever including if making a claim for money against the Borrower, or enforcing against the
Borrower any guarantee or indemnity given by the Borrower;
5.1.5 Promptly inform Lender of any occurrence, event or incident of which it becomes aware which might adversely affect the Borrower or affect
its ability to perform its obligations under this Agreement and/or in respect of the outstanding amount of the Facility, including without
limitation, any force majeure event or act of God such as earthquake, flood, tempest or typhoon, etc. as well as the happening of any labour
strikes, lockouts, shut-downs, fires or other similar happenings which could reasonably expected to adversely impact the day-to-day
functioning or the business of the Borrower;
5.1.6 Promptly inform Lender of the occurrence of any Event of Default or of the occurrence of an event which, with the passage of time or the
giving of notice would become an Event of Default, and also, where applicable, of the steps being taken to remedy the same, and will, from
time to time, if so requested by Lender, confirm to Lender in writing that save as otherwise stated in such information, no default has
occurred and/ or is continuing;
5.1.7 Pay regularly all Taxes, assessments, dues, duties, levies and impositions as may, from time to time, be payable to any Government
Authority;
5.1.8 Perform, on request of Lender, such acts as may be necessary to carry out the intent of this Agreement;
5.1.9 Give written notice of any other matter which has caused or might lead to a Material Adverse Change;
5.1.10 Promptly, upon the request of the Lender, supply or procure the supply of such documentation and other evidence in order for the Lender to
carry out all necessary ‘know-your-customer’ or other similar checks on the Borrower under all Applicable Laws for the purposes of the
transactions contemplated in this Agreement;
5.1.11 In case of any update in the documents submitted by the Borrower until the time of disbursement of loan or at any point of time thereafter,
the Borrower shall submit to the Lender the updated documents within 30 days of the update to such documents;
5.1.12 Authorize the Lender and its officers, nominees, agents, auditors and such other persons to inspect or audit such books of account,
registers, books and documents of the Borrower and shall have right to be furnished at such intervals as the Lender may direct from time-
to-time copy or copies of such documents;
5.1.13 Provide all information including information regarding other credit facilities enjoyed by the Borrower and when required by the Lender. The
information furnished to the Lender from time to time is and shall be true and correct;
5.1.14 During the term of this Agreement the Borrower hereby authorizes the lender to generate the bank statement and check the TU-CIBIL
Report of the Borrower as and when the Lender may deem fit.
5.1.15 Have no objection if the Lender or their agents share information pertaining to Lender’s Facility and repayment history of the Borrower to
any Financial Institutions/ TU-CIBIL/ Credit Bureaus/ Agencies/ Statutory Bodies as the Lender may deem fit;
5.1.16 Be liable to pay all the cost of collection of dues, legal expenses and other charges pertaining to the facility provided by the Lender; and
5.1.17 Comply with all the terms and conditions of the Lender already stipulated and/ or being stipulated from time to time henceforth.
5.2 Financial Covenants
The Borrower covenants and undertakes that, so long as any part of the Facility is outstanding and until full and final payment of all money owing
hereunder, the Borrower shall ensure that financial covenants under this Agreement or as otherwise notified by Lender from time to time, are met.
5.3 Negative Covenants
The Borrower covenants and undertakes that so long as any part of the Facility is outstanding and until full and final payment of all moneys owing
hereunder, the Borrower shall not, without the prior written consent of Lender having been obtained, do or omit to do and not permit any act, matter
or thing which would cause any of the representations and warranties, under this Agreement, if repeated immediately prior to any Disbursement, to
be untrue, inaccurate or misleading and immediately notify Lender in writing of any such fact or circumstance which might cause any of the
representations and warranties set forth in this Agreement to be untrue or misleading.
The Borrower further undertakes that in the event any information given in the loan application form is found false, the Lender in its sole discretion
may (i) refuse to advance/ further advance, and (ii) exercise its right to recall the loan facility, and the full loan amount advanced, if any, with interest
and other charges shall become immediately recoverable by the Lender.
6. TENURE OF THE AGREEMENT
This Agreement is binding on the Borrower on and from the date when the Borrower executes the Agreement and unless otherwise provided for in this
Agreement, shall be in force till all the Outstanding Balance due and payable to the Lender under this Agreement as well as monies due and payable
under all other agreement/s documents that may be subsisting between the Borrower and the Lender are discharged in full to the satisfaction of the
Lender.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
7. SHARING OF INFORMATION/ DISCLOSURE
For the purpose of the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011
and otherwise, the Borrower hereby authorizes Lender or its subsidiaries/ affiliates and their agents to exchange, share or part with all the information
relating to Borrower and/or the Facility and repayment history information and all information pertaining to and contained in this Agreement to affiliates /
Financial Institutions / Credit Bureaus / Agencies /Statutory Bodies/ Reserve Bank of India as may be required and undertakes not to hold affiliates /
Subsidiaries of Lender and its agents liable for use of the aforesaid information. The Borrower accepts that the Reserve Bank of India or the Credit
Bureaus or any other agencies mentioned herein may use, process, disseminate Borrower’s information and data disclosed by the Lender in such
manner as they may deem fit and the Borrower shall not hold the Lender responsible or liable in this regard.
In case of default in the repayment of the Facility/ Interest on Payment Dates/ maturity date, the Lender and/or the Reserve Bank of India will have an
unqualified right to disclose or publish the name of the Borrower as defaulter in such manner and through such medium as the Lender or the Reserve
Bank of India in their absolute discretion may think fit.
During the term of this Agreement the Borrower hereby authorize the Lender to check the TU-CIBIL Report of the Borrower as and when the Lender
may deem fit.
8. GOVERNING LAW AND DISPUTE RESOLUTION
This Agreement shall be governed by and construed and enforced in accordance with the laws of India. All disputes, differences, claims and questions
whatsoever between the Lender and/or its representatives and/ or its assigns and the Borrower touching and concerning these presents or anything
herein contained or in any way relating to or arising from these presents (“Dispute”) shall be referred to a Sole arbitrator to be appointed by the Lender
(“Arbitrator”).The arbitration proceeding will be governed by the provision of Arbitration & Conciliation Act, 1996 or any subsequent amendments as may
be made from time to time. The Parties further agrees and shall have no objection if such arbitration proceedings are conducted through digital mode.
The language of the Arbitration proceedings shall be in English. The Arbitrator shall have summary powers. The award of such Arbitrator so appointed
shall be final and binding on all the parties to this Agreement. The seat of arbitration proceedings contemplated herein will be at the sole discretion of
the Lender. The pronouncement of the award by the Arbitrator in a meeting of the parties fixed after the conclusion of the arbitration proceedings shall
deemed to be the publication of the award and shall be construed as the date of receipt of the award by the Borrower and the Lender. The Parties
hereto agree that their consent for resolution of Disputes through arbitration shall not preclude or restrain either of them from seeking suitable relief in
relation to the Disputes which are not arbitrable from the competent courts of Pune, India.
9. CONSENT TO DISCLOSURE OF INFORMATION
9.1 As a pre-condition, relating to grant of the Facility, the Borrower gives consent to the Lender for the disclosure by the Lender of information and
data relating to the Borrower, of the said Facilities to be availed of, obligations assumed/ to be assumed, by the Borrower, in relation thereto and
default, if any, committed by the Borrower, in discharge thereof. Accordingly, the Borrower hereby agree and give consent for the disclosure by the
Lender of all or any such:
9.1.1 information and data relating to the Borrower,
9.1.2 information/ data relating to any of the said Facilities to be availed of, and
9.1.3 default, if any, committed by the Borrower, in discharge of his obligation, as the Lender may deem appropriate and necessary, to disclose
and furnish to TransUnion CIBIL Limited and any other agency authorized in this behalf by RBI.
9.2 The Borrower further consents that:
9.2.1 The Credit Information Companies (CIC).
9.2.2 The TU-CIBIL/ CRIF High Mark Credit Information Services Ltd/ Equifax Credit Information Services Private Limited/ Experian Credit
Information Co. of India Pvt. Ltd. and any other agency so authorized may use, process the said information and data disclosed by the
Lender in the manner as deemed fit by them and the Credit Information Companies (CIC) and any other agency so authorized may furnish
for consideration, the processed information and data or products thereof prepared by them, to other banks/ financial institutions and credit
grantors or registered users, as may be specified by RBI in this behalf.
9.2.3 The Borrower authorizes the Lender to check the credit report of the Borrower as and when the Lender may deem fit during the term of this
Agreement.
Notwithstanding what is stated above, the Borrower further agree that the Lender has the right to disclose the above details to any of its
departments, subsidiaries, group companies for its audit, administrative, operational and business purposes.
10. ASSIGNMENT AND SECURITISATION
10.1 The Lender may (without the prior notice/ intimation to the Borrower), in whole or in part and in such manner and on such terms as the Lender
may decide, assign, transfer/ novate or discount any of its rights and obligations under this Agreement to another bank or financial institution or
to a trust, special purpose vehicle, fund or any other person(s). The Borrower shall do all such acts that are required in executing all such acts,
things, deeds, documents, or assurance for the effectuation of such assignment/ transfer/ novation/ discounting. The Borrower agrees to fulfil
and perform all their respective obligations to such transferee/ assigns.
10.2 If required, the Borrower hereby agrees to execute necessary documents to facilitate assignment, transfer and, or sale by the Lender from time
to time.
10.3 The Borrower shall not be entitled to transfer or assign any of his/her rights or obligations under this Agreement to any person directly or
indirectly without the prior written consent of the Lender.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
11. MISCELLANEOUS
11.1 Notices
Except as may be otherwise provided herein, all notices, requests, waivers and other communications made pursuant to this Agreement shall be
in writing and signed by or on behalf of the Party giving it. Such notice shall be served by sending it or delivering by hand, Email, post or courier
to the address set forth. In each case it shall be marked for the attention of the relevant Party. Any notice so served shall be deemed to have
been duly given (a) in case of delivery by hand, when hand delivered to the other Party; or (b) when sent by post, where 2 (two) Business Day(s)
have elapsed after deposit in the post; or (c) when delivered by courier on the second Business Day after deposit with an international overnight
delivery service, postage prepaid, with next Business Day delivery guaranteed, provided that the sending Party receives a confirmation of
delivery from the delivery service provider.
For the Lender: Poonawalla Fincorp Limited
Address : 201 and 202, 2nd floor, AP81, Koregaon Park Annex, Mundhwa, Pune - 411036
Toll free no. : 1800 266 3201
Email : [email protected]
Attention to : Customer Service Department
A Party may change or supplement the addresses, or designate additional address, for the purpose of this clause by giving the other Party
written notice of the new address in the manner as prescribed by Lender. However, that a notice or communication to any Borrower shall be
deemed to be a notice or communication to other Borrower.
11.2 Successors and Assigns
This Agreement binds and benefits the respective successors and assignees of the Parties and, in respect of the individuals who are parties,
their respective heirs, executors, administrators and legal representatives.
11.3 Entire Agreement
This Agreement shall supersede and override all previous communications, negotiations, commitments, agreements whether oral or written
excluding sanction letter between the Parties with respect to the subject matter of this Agreement.
11.4 Severability
Each and every obligation under this Agreement shall be treated as a separate obligation and shall be severally enforceable as such. To the
extent that if any provision of this Agreement, is invalid or unenforceable or prohibited by law, it shall be treated for all purposes as severed from
this Agreement and ineffective to the extent of such invalidity or unenforceability, without affecting in any way the remaining provisions hereof,
which shall continue to be valid and binding.
11.5 Covenants reasonable
The Parties agree that, having regard to all the circumstances, the covenants contained herein are reasonable and necessary for the protection
of the Parties. If any such covenant is held to be void as going beyond what is reasonable in all the circumstances but would be valid if amended
as to scope or duration or both, the covenant will apply with such minimum modifications regarding its scope and duration as may be necessary
to make it valid and effective.
11.6 Costs and Charges
11.6.1 The Borrower shall, during the Tenure of the Agreement, pay or cause to be paid, all Taxes, at actuals, as may be levied or imposed from
time to time by any statutory authorities, pertaining to or in connection with the payment of any and all amounts due under this
Agreement.
11.6.2 Where the Borrower is entitled in law to pay the said sums directly and such payment absolves Lender from Lender’s obligation to pay the
same, the Borrower agrees that the Borrower shall pay the same and deliver to Lender all the official tax receipts or certificates
evidencing payment (or certified copies of them) of the monies referred to in sub-section (a) above within 30 (thirty) Business Days of the
date of payment thereof.
11.6.3 The Borrower shall pay all costs, charges and expenses incurred by the Lender in any way, including advocate’s and external consultant’s
fees, travelling and other allowances of its officers, expenses incurred by Lender after an Event of Default has occurred, in connection
with collection or recovery of amounts due and or other rights/remedies arising out of this Agreement.
11.6.4 The Borrower shall, on demand, pay to the Lender such costs incurred by the Lender as a result of introduction of or change in the
Applicable Law or compliance with the Applicable Law made mandatory after the execution of this Agreement.

Declaration:-

I/we hereby declare that all the clauses of above agreement were read over to me/us and explained to me/us in my/our vernacular language and after
reading and understanding the entire provision and contents of the loan facility applicable to me/us, all the clauses and implication, and agreeing to abide
by all the terms and conditions thereof I/we have signed the agreement intentionally and knowingly without any force or undue influences upon me/us.

I/we request you to disburse the Facility amount of Personal Loan under the aforesaid Facility Agreement and the Sanction Letter.

Signed and delivered by the Borrower in token of and in witness of them having read (and/ or being explained), verified, understood, irrevocably agreed to,
accepted, confirmed, and declared all the clauses of this Agreement, the Schedule, all contents thereof including all the terms and conditions contained
therein, and having authenticated accuracy and correctness of the same.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
SCHEDULE - I

Sr.
Particulars Details
No.
Place: Pune, Maharashtra
1. Place and Date of Agreement
Date: 12 Apr 2024
KOSTAM RAMANJI REDDY, 2-71A, landmark:, Nuzendla Mandalam,
2. Name and Address of the Borrower
Guntur, Lingamukkapalli, Andhra Pradesh 522659
3. A. Loan Amount Sanctioned: Rs. 52,000/-
B. Details of Insurance Premium
I) General Insurance Rs. 0/-
II) Life Insurance Rs. 0/-
Total amount (I+II) Rs. 0/-
C. VAS/Cross Sell Amount
Rs. 1999/-
i. DocOnline

1. Total Loan Amount (Rs.) 52,000/-


2. Interest Amount (Rs.) 16,505/-
3. *Indicative total Amount Payable (Rs.) 73,776/-
4. Total Loan Amount
4. Interest Type: Fixed

*Note: Amounts are indicative and are not inclusive of other applicable
charges, charges payable in the event of delay/default in repayment.
5. Tenure (in months) 24 months

1. EMI Amount: Rs. 2,854/-


2. EMI Frequency: Monthly
6. Repayment Instalment / EMI 3. EMI Due Date: 5 of every English Calendar Month
4. EMI Start Date: 5 Jun 2024 (Post completion of Principal and/or
Interest Moratorium, if any, applicable).

7. Purpose of the Loan Health and Wellness


Name: KOSTAM RAMANJI REDDY
Bank Account no: 3712247664
8. Disbursement to be made in favour of
Bank Name: Kotak Mahindra Bank
IFSC Code: KKBK0007859
9. Rate of Interest on Loan 28 % per annum (on reducing balance)
10. Broken Period Interest (in Rupees) INR 931/-
11. Processing Fees (Non-Refundable) INR 1,560/- (plus applicable Taxes)
12. Documentation Charges INR 0/- (plus applicable Taxes)

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809

1. If Foreclosure or Prepayment is done from own funds of the


Borrower- Nil charges
13. Foreclosure/ Prepayment Charges 2. If Foreclosure or Prepayment is done by balance transfer from
another bank/financial institution- 4% on amount being prepaid plus
applicable Taxes

Repayment Instrument/ Security Repayment Instrument Bounce


14. INR 500/-
charges per instance
Repayment Instrument/ Security Repayment Instrument
15. INR 500/- plus applicable Taxes
cancellation & re-issue/ swapping charges
16. Document retrieval charges INR 0/- plus applicable Taxes
24% per annum
Default Charges shall be levied in the circumstances specified below
and in case of occurrence of multiple events; the same shall be higher
of the charges specified below:
17. Default Charges/Penal Charges Sr. Description Levy of charges
In case of nonpayment of any amount 24% per annum on
1.
on the Due Date overdue amount
In case of any Event of Default as 24% per annum on the
2.
mentioned in clause 3.1.3 to 3.1.10 outstanding principal
18. Duplicate No objection certificate INR 500/- plus applicable Taxes
Soft copy of Statement of Account Rs. [250/- plus applicable Taxes]
19.
Soft copy of Foreclosure Statement charges Rs. [550/- plus applicable Taxes]
Cash collection/ cash handling charges*:

*Applicable for cash collection done via Lender’s


20. Rs. 500/- (plus applicable Taxes) per instance.
employees/personnel as well as Cash deposited in Lender’s branch
by the Borrower or any of their representative, applicable on
prospective basis.
21. Stamp Duty INR 500/- (plus applicable Taxes, if any)

*Repayment Schedule

As provided in the Key Fact Statement.

Privacy Policy of Poonawalla Fincorp Limited

Privacy Policy

This Privacy Policy ( " Privacy Policy " ) describes the practices and policies of Poonawalla Fincorp Limited ( " PFL " " We " " Our " or " Us " , as the
context may require) in relation to collection, use, processing, storage, retrieving, disclosure, or transfer of your information, including personal information
and sensitive personal data or information that PFL may receive through your access, interaction or use of Our website, namely
https://poonawallafincorp.com and the associated android and iOS mobile application, mobile site or any other medium, including the call-centre facility
through which We offer Our Services (as defined under the Terms and Conditions ) to you through the Portal (as defined under the Terms and Conditions ).

In order to facilitate and provide you (and co-applicants, members, nominees, if any) with the Services through the Portal, PFL and third parties as
authorised under the Terms need to collect various data and information from you with your prior and explicit consent.

All terms and conditions regarding usage of the Portal and availing Our Services as set out in the Terms and Conditions are incorporated in this Privacy
Policy by reference.

Capitalised terms not defined in this Privacy Policy will have the meaning as set out in the Terms and Conditions.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
User acceptance

By accessing or using the Portal or by availing Our Services, you agree to the terms of this Privacy Policy. The collection, use, processing, storage,
retrieving, disclosure, or transfer of your information, including personal information and sensitive personal data or information (collectively, " Information "
) will be in accordance with this Privacy Policy and as required or permitted under applicable laws, including but not limited to the Information Technology
Act, 2000 and the rules framed thereunder, as may be amended from time to time ( " IT Laws " ) and the regulations, directions, circulars, guidelines or
other mandates issued by the Reserve Bank of India ( " RBI " ) and as applicable to the Services (collectively, " Applicable Laws " ).

Any Information, which is the subject matter of this Privacy Policy, provided by you or otherwise collected by Us is collected and retained by Poonawalla
Fincorp Limited that has the registered office at 201 and 202, 2 nd floor, AP81, Koregaon Park Annex, Mundhwa, Pune – 411036

Please read this Privacy Policy carefully to make sure you understand how any Information you provide to Us will be handled. If you use any of Our
Services, you will be regarded as having read and accepted this Privacy Policy. By accessing or using the Portal, you expressly consent to Our collection,
processing, storage, transfer, use, disclosure and handling of your Information in accordance with this Privacy Policy. If you do not agree with the practices
described in this Privacy Policy, please do not provide Us with your Information, or use, access or interact with the Portal and/or avail Our Services.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
You hereby represent to PFL that:

1. The Information you provide to PFL from time to time, is and shall be authentic, correct, current and updated and you have all the rights,
permissions and consents as may be required to provide such Information to PFL.
2. Your providing the Information as well as PFL's consequent storage, collection, usage, transfer, access or processing of the same shall not be in
violation of any agreement, laws, charter documents, judgments, orders and decrees.

If you disclose to Us any Information relating to other people, you represent that you have the authority to do so and to permit Us to use such Information in
accordance with this Privacy Policy.

You must ensure that the Information you provide Us remains accurate and up-to-date at all times.

Your Information will primarily be stored in electronic form however certain data can also be stored in physical form. We may enter into agreements with
third parties to store or process your Information or data. These third parties may have their own security standards to safeguard your Information or data
and We will, on reasonable basis, require such third parties to adopt reasonable security standards to safeguard your Information.

Information We collect

PFLs uses the Information collected from you or about you to enable you to receive Services on the Portal. You expressly consent for Us to collect the
Information in accordance with and for the purposes set-out in this Privacy Policy. If you choose not to provide Us any of your Information, you may not be
able to access the Portal or take benefit of some or all of Our Services. PFL may collect the following Information and you hereby explicitly consent to the
following:

1. Account Information : When you set up your account on the Portal, We collect your Information, such as your first and last name, referral code
used (if any), address details, photo, email addresses, and telephone numbers.
2. Identity : For certain Services, We may collect identity and Know Your Customer (" KYC ") related Information to verify your identity and comply
with the customer identification procedures and customer due diligence requirements prescribed under Applicable Laws, such as Permanent
Account Number (PAN), photo, Aadhaar related Information (including Aadhaar number, demographic details or Virtual ID) for the purposes of e-
KYC authentication with the Unique Identification Authority of India (“ UIDAI ”) and One Time Password / Pin (OTP). Please note that e-KYC
authentication and submission of Aadhaar information is not mandatory, and you may submit other identity documents in place of Aadhaar
information, to verify your identity as stipulated under KYC Directions, 2016 issued by the RBI.
3. Information to assess credit worthiness :
1. Students : Education related Information, such as name of college, year of graduation, college ID card, fee receipt;
2. Salaried individuals : Employment related Information, such as name of the employer, salary, offer letter, employment ID, and email
address issued by the employer;
3. Self-employed : Information related to the self-employment, such as profession, social media links related to your work, work location and
income.
4. Financial Information : We may collect certain financial Information (such as bank account details or other payment instrument details),
rental/lease agreement, gas bill, service or transaction related communications for providing the Services.
5. Device : We may collect Information related to the electronic device you use to access the Portal, such as your devices’ internet protocol (IP)
address, browser type, operating system, software, device type, device ID, device international mobile equipment identity (IMEI) and date and time
at which you visit the Portal or avail the Services. This helps Us learn about and verify your identity as well as detect and prevent fraud.
6. Usage of the Portal : We may collect Information that you may electronically submit when you post on message boards, or information contained
in searches, reviews, ratings or comments that you submit or Information about you from other persons or sources, or the details of your visits of
the Portal or usage behaviour on the Portal. Such Information may be used by Us to administer the Portal and compute general statistics regarding
the use of the Portal. We may also use this Information to share important or relevant updates and information through email and/or SMS, and also
prevent communication that might not interest you.
7. SMS : We may need access to the SMS functionality in your device for the purposes of onboarding you in relation to certain Services on your
device. We may periodically collect transactional SMSs for the purpose of provision of Services. You may have restricted access to the Portal or
the Services available through the Portal, if you disable, withdraw or do not provide this access.
8. Camera and microphone : We may require access to your device's camera and microphone for a seamless experience, for clicking your selfie, to
upload photos, or recording your audio/video, for verification or onboarding / KYC purposes, or for uploading any other necessary documents on
the Portal.
9. Location : We may collect and monitor your location to verify your current address, offer you customized promotions, ensure and check
serviceability of Services and to prevent any fraudulent activity. We collect the location data from you in two ways: (i) when you add your pin code
on the Portal; or (ii) when you enable such access from your mobile device. We collect this data only when Our Portal is being used. You may have
restricted access to the Portal and/or Services available through the Portal, if you disable/withdraw/do not provide this access.
10. Installed Apps : We may periodically collect metadata information of apps installed on your mobile device which includes the application’s name,
package name, installed time, updated time, version name and version code of each installed application on your device to assess and provide
personalized offers to you. You may have restricted access to the Portal or Services available through the Portal, if you disable, withdraw or do not
provide this access.
11. Storage : We may require permission so that your documents can be securely downloaded and saved on your phone, and so you can upload any
required documents as part of using the Services. This helps in providing a smooth and seamless experience while using the Portal.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
12. Feedback Data and Other Data : We may access and save Information in the following instances:
1. When you contact Us or We contact you, We may record Information provided by you during such communications or record calls for
quality and training purposes;
2. When you participate in Our referral programs or use any discount codes offered on the Portal and input such data;
3. When you provide any feedback or comments to Us on the Portal or any other platform.
13. Third Party Information : We may also work closely with Affiliates ( defined below ), third party business partners, technical sub-contractors,
analytics providers, search information providers, credit information companies, account aggregator etc. and may lawfully receive Information
about you from such sources. Such Information may be combined with Information collected on the Portal and such other Information as provided
in this Policy.
14. Other Information : We may also collect your Information via other sources, such as delivery address or contact Information from Our Affiliates
and partners, Information from Our payment service providers, public records, publicly available sources or internet sites, vendors, data suppliers
and service providers, commercially available marketing lists or registries, telephone directories, social network, news outlets and other related
media.

Use of your Information

We may use your Information that We collect in accordance with this Privacy Policy and for the following purposes:

1. To enable you to access the Portal;


2. To avail the Services We offer to you, including any associated services;
3. To facilitate payments for the transactions you make using the Services;
4. To create, maintain or update your account and verify your identity;
5. To conduct due diligence and KYC and/or such other verifications as mandated under Applicable Laws;
6. To validate, process and share your KYC Information, nominee details, and other legally mandated Information with other regulated entities,
financial institutions, or service providers (including lending service providers) engaged by Us to facilitate the Services or for verification by such
financial institution for enabling/providing services.
7. To facilitate or confirm payments made by you in relation to the Services;
8. To enhance your user experience in relation to the Portal or the Services, including customisation of the Portal or the Services;
9. To conduct credit checks, screenings, assess your credit worthiness, credit scoring and obtain credit information;
10. To conduct audits, market research, project planning, troubleshooting;
11. To identify and/or detect security breaches or attacks, errors, fraud, money laundering, abuse and other criminal activities, and investigating and
taking appropriate remedial action;
12. To provide relevant offers or rewards to you, based on your consumption patterns;
13. To enforce Our Terms and Conditions or this Privacy Policy and resolve any disputes;
14. To provide functionality, analyse performance, fix errors, bugs, and improve the usability and effectiveness of the Portal;
15. To deliver any administrative notices, alerts, advice, notifications and communication relevant to your use of the facilities on the Portal, through
social media (including WhatsApp), SMS and other media;
16. To recommend products or promotional offers to you that might be of interest to you, identify your preferences. We may also use your preferences
or details regarding your usage of the Portal for marketing and other promotional activities;
17. To comply with Applicable Laws or requests received from regulators, government, law enforcement or judicial authorities under Applicable Laws
or Our contract with a third party;
18. To disclose to Affiliates, Our and their employees, agents and representatives on a need-to-know basis to facilitate provision of Services;
19. To carry out Our obligations and enforcing rights arising from any contracts between Us;
20. To help improve quality and design of Our Portal, including to create new features, promotions, functionality and services;
21. To help improve the Services; or
22. To fulfil any other purpose for which you provide Us the Information and/or for any other purpose with your consent.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Sharing of your information

You hereby explicitly consent to share your Information for the following purposes: -

1. With financial institutions and Financial Partners (including but not limited to banks and Non-Banking Financial Companies), credit information
companies, RBI or other regulatory agencies, to facilitate provision of Services, or as may be required under Applicable Laws;
2. With vendors or service providers (including lending service providers), business partners, co-lending partners/financial partners of PFL, Affiliates,
to provide you with the Services, facilitate account creation, provide technical or customer support, synchronization of your contacts with the Portal
or other software applications, send you communications via emails, messages or tele-call to inform you about the Services, or products, offers or
services that may be of interest to you, push notifications to your electronic device on Our behalf, and collect, process and settle payments. We
may also use other third parties for activities such as conducting surveys for Us, and may share your information with such third parties;
3. With Our holding companies, subsidiaries, affiliates and other body corporates in Our group (collectively, " Affiliates "), which operate under
common ownership or control, subject to Applicable Laws;
4. With a buyer or other successor in the event of a merger, restructuring, reorganization, dissolution or other sale or transfer of some or all the
assets, whether as a going concern or as part of bankruptcy, liquidation or similar proceeding, in which your Information may be amongst the
assets transferred.
5. With law enforcement agencies, courts, regulators and/or other governmental organizations which have jurisdiction, to ensure compliance with
orders or government directives;
6. To enforce or apply the Terms and Conditions, this Privacy Policy and other agreements entered with you; or
7. In any other circumstances where We have your consent for any other purpose disclosed by Us when you provide the Information.

Third party policies

We may work with different third parties in connection with the Portal or for providing the Services. Please be aware that any information provided to any
third-party or when you click through or are routed to third-party links while using the Portal, Our Privacy Policy no longer will apply and that We are not
responsible for the privacy practices of these third parties.

In general, the third-party service providers used by Us will only collect, use and disclose your information to the extent necessary to allow them to perform
the services or activities they provide Us. In such cases, We share the Information securely and use commercially reasonable efforts to ensure that all
recipients comply with confidentiality, fidelity and secrecy obligations and sign covenants in this regard.

However, certain third-party service providers (such as banks, financial institutions, co-lending partners, payment aggregators or credit information
companies), have their own privacy policies in respect to the information We are required to provide to them. We recommend that you read their privacy
policies to understand the manner in which your Information will be handled by them. In particular, remember that certain third-party service providers may
be located in or have facilities that are located in a different jurisdiction. So, if you elect to proceed with a transaction that involves the services of a third-
party service provider, then your information may become subject to the laws of the jurisdiction(s) in which such service provider is or its facilities are
located. Once you leave the Portal or are redirected to a third-party website or application, you are no longer governed by this Privacy Policy or the Portal’s
Terms and Conditions and in such circumstances the privacy policy of such other website will apply. We will not be liable for any acts or omissions of the
third-party service provider.
The list of third-parties collecting Information through the Portal is available at this link , which will be updated from time to time, for your reference.

Our security practices and policies

PFL cannot ensure or warrant the security of any Information you transmit to it and thus, you provide Information at your own risk. Once it receives your
transmission, PFL shall endeavour to make reasonable efforts to ensure security on its systems. PFL uses standard security practices and procedures
such as secure server software and firewalls to protect your Information from unauthorized access, disclosure, alteration or destruction.

PFL has policies and procedures in place to protect information. All technical and operational security operations are governed and managed through
policies. We adhere to all industry good practices on Information and cyber security.

By implementing these Security Practices and Policies, PFL is deemed to have complied with reasonable security practices and procedures. However, this
is not a guarantee that such Information will not be accessed, disclosed, altered or destroyed by breach of such firewalls and secure server software. To
the extent permissible by law, PFL disclaims any liability related to a security breach or loss of your Information.

In no event, shall PFL be liable for any special, direct, indirect or consequential damages, including, without limitation, lost profits, loss of business
opportunity, loss of data in the event of misuse of the Information provided.

PFL makes significant efforts to protect against the loss, misuse, and alteration of the collected information. These measures may include the use of secure
server technology. The User must be aware that the internet is not completely secure. Therefore, PFL cannot ensure the security of any Information
transmitted to PFL over the internet, and PFL does not accept any liability for any unintentional disclosure of Information.

Products and Website are password ‐ protected. The Users must not share the passwords with anyone. You shall not undertake any act which amounts to
breach of security, and you shall not try to access password-protected area of the Products and Website without proper authorization.

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com
Document ID: MR202GH789 Stamp Sr. No.: CH 973809
Retention of data, Withdrawal of Consent & Rectification

You can access and review the Information shared by you, after fulfilling the pending contractual obligations, by getting in touch with Us. You can also
withdraw, or revoke consent given to Us to process any Information given by you to Us, by writing to Us at [email protected]_ . Also,
you can request deletion of your account on the Portal.

You shall have the right to deny consent for use of specific data on the Portal.

We shall not retain your Information and delete the same if it is no longer required by Us and when there is no legal requirement to retain the same. Do
note that multiple legal bases may exist in parallel, and We may still have to retain certain Information as may be required for audit purpose and/or in
accordance with applicable law.

In the event any Information provided by you is inaccurate, incomplete or outdated then you should provide Us with the accurate, complete and up to date
Information and have Us rectify such Information at Our end immediately. We urge you to ensure that you always provide Us with accurate and correct
Information to ensure your use of Our Services is uninterrupted.

Information of Children

We do not knowingly solicit or collect Information from children under the age of 18 years. Use of the Portal is only available for persons who can enter into
a legally binding contract under Applicable Laws.

Modifications

We reserve the right to change, modify, insert, or delete any provision of this Privacy Policy, from time to time, in Our sole discretion, without any prior
notice to you.

We encourage you to periodically review this Privacy Policy for the latest information on Our privacy practices. Your use of the Portal or availing the
Services after an updated Privacy Policy becomes effective will indicate your acceptance of the updated Privacy Policy.

Cookies

When you visit the Portal, one or more cookies will be sent to the device being used by you to access the Portal. The cookies are either used to improve
the quality of the Portal or for storing your preferences as a user, improving search results and tracking user trends. You have the option of disabling
cookies via your browser preferences on your device. However, if you disable cookies on your browser, some parts of the Portal may not function
effectively.

Contact Us

If you would like to ask about, make a request relating to, or complain about how We process your information, please contact or email Our grievance
officer, at one of the addresses below. Our grievance officer will attempt to expeditiously redress your grievances.

For any request, complain, feedback or grievances, please contact: -

Principal Nodal Officer

Name: Arnab Das

Address: 201 and 202, 2nd floor, AP81, Koregaon Park Annex, Mundhwa, Pune - 411 036

Email id: [email protected]

Contact Number: 020 67808090

Grievance redressal Policy : https://poonawallafincorp.com/pdf/Grievance-Redressal-Policy.pdf

Personal Loan (STP)/ Sanction Letter cum Loan Agreement/ March 2024/
V3.0
Poonawalla Fincorp Limited
CIN: L51504PN1978PLC209007
Registered Office: 201 and 202, 2nd floor, AP81, Koregaon Park Annex,
Mundhwa, Pune - 411036
Toll Free No.: 1800 266 3201 | E: [email protected]
W: www.poonawallafincorp.com

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