Application Form

Date:10-06-2023

I. INTRODUCTION

1. This application form together with its annexure (“Loan Terms and Conditions”) appended hereto constitutes the loan
application (hereinafter referred to as the “Loan Application”.

2. The applicant (hereinafter referred to as the, “Applicant”which expression shall mean each one of them unless repugnant to
the context and shall also mean and include their legal heirs, representatives in interest, executors, administrators, successors
and permitted assigns as the context may admit or require) who wish to avail of the Loan (as defined hereinafter) from the Lender
(as defined hereinafter) may apply for the same by submitting the Loan Application complete in all respects along with
supporting documents to the Facility Agent (as defined hereinafter).

3. Request of the Loan by Applicant vide the Loan Application, sanction of the Loan by Lender, disbursement of the Loan,
repayment of the Loan and payment of interest thereon along with other monies payable, and other incidental and ancillary
matters in relation to the Loan shall be subject to and governed by the terms and conditions contained in the Loan Documents
(as defined hereinafter).

4. Submission of the Loan Application to the Facility Agent in electronic form by pressing the ‘APPLY’ button below this window
constitutes an expression of willingness to contract on the Loan Terms and Conditions made with an express intention that it is
to become binding on the Applicant irrevocably as soon as it is submitted to the Facility Agent and the Applicant hereby expressly
acknowledges that the disbursement of the Loan (or any part thereof) into the Disbursement Account (as defined hereinafter)
shall constitute such acceptance by the Lender resulting in formation of a binding contract between the Applicant and the Lender.
PROVIDED HOWEVER, the absolute discretion to accept or reject the Loan Application submitted by the Applicant shall be with
the Lender.

5.Neither the submission of the Loan Application by the Applicant to the Facility Agent nor the receipt of the Loan Application by
the Facility Agent constitutes any commitment from any Lender to lend (on either an express or implied basis) and does not
impose any obligations on any Lender.

6. All capitalised terms used but not specifically defined hereinabove shall have the respective meanings given to such terms in
the Loan Terms and Conditions.

II. DETAILS OF THE APPLICANT (INCLUDING CO-APPLICANT(S), IF ANY)

S.no Description Particulars

1. Name Mr Rohan Singh
2. Masked Aadhar Number XXXXXXXX3930
3. PAN number MUSPS8318D
4 Mobile 7003813114
5 Alternate mobile number NA
6 Email address [email protected]
7 Residential address S O Dhirendra Kumar Singh Kolkata Kolkata Cossipor, Khagendra
Chatterjee Road Cossipore Pincode 700002
8 Office address ROAD NO. 201, Dwarka sec 3, 110075, New Delhi West, DELHI
9 Particulars for Notice Name of Contact Person : Mr Rohan Singh
Address : S O Dhirendra Kumar Singh Kolkata Kolkata Cossipor, Khagendra
Chatterjee Road Cossipore Pincode 700002
Phone Number : 7003813114
Email id : [email protected]

1 of 24 Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
III. DETAILS OF THE LOAN AND OTHER CHARGES

As detailed in MITC below.

IV. DECLARATIONS BY THE APPLICANT

1. I declare that all the particulars and information and details given/filled in this Loan Application are true, correct, complete
and up to date in all respects and that I have not withheld any information whatsoever. I agree and confirm that the Loan
Details or the Loan Terms and Conditions appended hereto are deemed to be an integral part of the Loan Application.

2. I do hereby represent, warrant, make and confirm to Lender each of the representations, declarations, warranties and
confirmations set out in the Loan Application and do hereby further represent, warrant and confirm to Lender that each of
such representations, declarations, warranties and confirmations are, true, correct, valid and subsisting in every respect as of
the date of this Loan Application, and all such representations, declarations, warranties and agreements shall survive the
submission of this Loan Application, the provision of the Loan pursuant to this Loan Application and the repayment/payment
in full of the Loan and all monies in respect thereof.

3. I confirm that no insolvency proceedings or suits for recovery of outstanding dues or monies whatsoever or for attachment of
my assets or properties and/or any criminal proceedings have been initiated and/or are impending against me and that I have
never been adjudicated insolvent by any court or other authority. I have not taken any action and no other steps have been
taken or legal proceedings started by or against me in any court of law / other authorities for winding up, dissolution,
administration or re-organisation or for the appointment of a receiver, administrator, administrative receiver, trustee or similar
officer or for my assets.

4. I confirm that I shall use the Loan only for the end use specified in the Loan Details and the Loan shall not be used for any
improper or illegal or unlawful purposes/activities.

5. I have fully read and understood all the terms and conditions contained in this Loan Application (including but not limited to
the Loan Details and the Loan Terms and Conditions), copy of which has been provided to me.

6. I acknowledge and agree that the grant of the Loan by Lender to me shall be subject to compliance by me of the terms and
conditions contained in the Loan Application and other Loan Documents.

7. I confirm that all details and terms (including the amount of the Loan, rate of interest, default interest rate, charges and fees)
have been filled-in this Loan Application (including the Loan Details) prior to submission of the same to Facility Agent and that
there are no blanks.

8. I understand and acknowledge that the Loan if provided by Lender, based on this Loan Application submitted by me, is a
commercial transaction and I waive any defence under usury or other laws relating to the charging of the interest.

9. I understand and acknowledge that Lender shall have the absolute discretion, without assigning any reasons (unless required
by applicable law), to reject our application and not sanction/ disburse the Loan and that Lender shall not be responsible/
liable in any manner whatsoever to me for such rejection or any delay in notifying me of such rejection and any costs, losses,
damages or expenses, or other consequences, caused by reason of such rejection/non-disbursement or any delay in notifying
me of such rejection / non-disbursement.

10. This Loan Application has been duly and validly executed by me or on my behalf and when accepted/acted upon by Lender/
Facility Agent would constitute legal and valid obligations that are binding on and enforceable against me in accordance with
the terms and conditions contained in the Loan Documents. The disbursement of the loan to any third party on behalf of the
applicant shall be treated as the loan having been disbursed to the Applicant.

2 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
11. I understand and acknowledge that the rate of interest for the same product and tenor sanction by the Lender during same
period by different customers need not be the same. It could vary for different customers depending upon consideration of all or
combination of multiple factors including but not limited to the following:

• Credit and default risk in the related business segment

• Historical performance of similar homogeneous clients

• Profile of the applicant

• Industry segment

• Repayment track record of the applicant

• Nature and value of collateral security

• Secured Vs unsecured loan

• Loan ticket size

• Credit rating of the applicant

• Loan tenor

• Location delinquency and collection performance

• Other indebtedness of the applicant

12. I have exercised due care and caution and have made well informed independent decision (including if necessary, obtaining
of advise of tax/legal/accounting/financial/other professionals) prior to applying for the Loan and signing the Loan Documents.

Name of Applicant : Mr Rohan Singh

Signature of Applicant

Date : 10-06-2023

Digitally Signed by:

3 of 24 Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 Key Fact Sheet

Date10-06-2023

Name of the Regulated entity (Lender) : Northern Arc Capital Limited

Applicant Name: Mr Rohan Singh

S.no Parameter Details (given for illustrative computation purposes only)

(i) Loan amount (amount disbursed/to be disbursed A Credit-limit of Rs. 25000 amount to be drawn-down by the
to the borrower) (in Rupees) customer as per requirement.As an example, for a drawdown
of Rs 15000 the calculations are as below
(ii) Total interest charge during the entire tenor of the INR 1125 Total interest & Broken interest charges will be
loan (in Rupees) calculated on draw-down amount
(iii) Other up-front charges -
(a) Processing fees, if any (in Rupees) PF: INR 375 & GST: INR 149 Processing fee charges will
depend on the amount drawn
(b) Insurance charges, if any (in Rupees) NAInsurance charges will depend on the amount drawn
(c) Cost of documentation,verification and on- INR 450
boarding charges in INR
(iv) Net disbursed amount ((i)-(iii)) (in Rupees) INR 14026 Net disbursed amount will depend on the amount
drawn
(v) Total amount to be paid by the borrower (sum of INR 17099 Total amount will depend on the amount drawn
(i), (ii) and (iii)) (in Rupees)
(vi) Annual Percentage Rate - Effective annualized 87.72% Annual Percentage Rate will depend on the amount
interest rate (in percentage) (computed on net drawn
disbursed amount using IRR approach and
reducing balance method)
(vii) Tenor of the Loan (in months) 3 months Loan Tenor will depend on the amount drawn
(viii) Repayment frequency by the borrower Monthly
(ix) Number of instalments of repayment 3 EMIs Number of Instalments will depend on the type of loan
(x) Amount of each instalment of repayment (in INR 5375 Amount of each Instalment will depend on the
Rupees) amount drawn
Details about Contingent Charges
(xi) Rate of annualized penal charges in case of 36.5%
delayed payments (if any)
(xii) Rate of annualized other penal charges (if any); NA
Other disclosures
(xiii) Cooling off/look-up period during which borrower 3 days
shall not be charged any penalty on prepayment
of loan
(xiv) Details of LSP acting as recovery agent and Bhanix Finance and Investment Limited 5th Floor, Paville
authorized to approach the borrower House, Twin Tower Lane, Off Veer Savarkar Marg, Prabhadevi,
Mumbai – 400 025

Digitally Signed by:

Name:ROHAN KUMAR SINGH
4 of 24 Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 (xv) Name, designation, address and phone number of LSP
nodal grievance redressal officer designated For Bhanix Finance and Investment Limited
specifically to deal with FinTech/ digital lending (CASHe):
related complaints/ issues Name:Mrs. Pushpinder Kaur
Designation:Grievance Redressal Officer
Address:5th Floor, Paville House, Twin Tower Lane,Off Veer
Savarkar Marg, Prabhadevi, Mumbai – 400 025
Telephone No:022-46047350
Email ID:[email protected]

Lender
Name:Ms. Deepa Nair
Address: IndiQube Octagon, 1st Floor “Wing B”, No.643, 80
Feet Road, 4th Block, Koramangala, Bengaluru-560034
Toll free number: 1800 4198 766
Email ID:[email protected]
Grievance redressal mechanism of the lender, Northern Arc
Capital Limited can be accessed at
www.northernarc.com/grievance-redressal-mechanism
Privacy Policy:
https:// www.northernarc.com/ assets/ uploads/ pdf/ Privacy-
Policy.pdf

Recovery Mechanism:

In the event of any delay or default in payment of any amount due and payable by the obligor(s) in relation to the loan, the
obligor(s) may be reminded or given notice of demand to pay the overdue amounts by making telephone call(s), sending written
communications by letters and/ or electronic communications or by making personal visits. Personal visits may be to the
workplace and/or residence/ identified place of stay or work of the obligors as per their preference and in case such preference is
not communicated/ascertained, obligors will be contacted only at their residence/ identified place of stay and if unavailable at
residence, at the place of business/occupation/ identified place of work. Such personal visits shall ideally be between 7.00 am
and 7.00 pm. In case of personal visits, identity and authority of persons making such visit for follow up and recovery would be
made known to the obligors at the first instance.

Lender may utilise the services of the LSP, and the Lender and/ or the LSP may utilise the services of collection agents for
collection of amounts in relation to the loan. The LSP and the collection agents will be required to follow a code of conduct
covering their dealings with the obligors. All the practices adopted for follow up and recovery of dues and enforcement of
security will be inconsonance with the law.

In addition to the foregoing, the loan may be recalled, and recovery proceedings may be initiated in accordance with the terms
and conditions governing the loan.

5 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
For an example:
Detailed Repayment Schedule (Illustrative)

Please note that this Key Fact Statement and the repayment schedule is for the purpose of illustrative computation only as it is
issued before the formation of the loan contract. Depending upon the actual amount and date of disbursement after the
formation of the loan contract, there will be corresponding changes in the details of the parameters listed in the Key Fact
Statement and also the repayment schedule (including pre-EMI details, if applicable) that will be issued post loan disbursement.

Instalment No. Outstanding Principal (in Rupees) Principal (in Rupees) Interest (in Rupees) Instalment (in Rupees)
1 15000 4819 556 5375
2 10181 4998 377 5375
3 5183 5183 192 5375

6 of 24

Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 Credit Facility Sanction Letter
Date: 10-06-2023

CLN Number: 16414363

Name of the Applicant: Mr Rohan Singh

Address: S O Dhirendra Kumar Singh Kolkata Kolkata Cossipor, Khagendra Chatterjee Road Cossipore Pincode 700002

Phone No: 7003813114

Dear Sir/Madam,

Subject: Your application for Credit Facility from Northern Arc Capital Limited (the “Lender”, “us”, “we”)

We thank you for choosing Northern Arc Capital Limited as your financier for credit facility. We are pleased to inform you that with
reference to the above application, we have in-principle sanctioned you a credit facility ("Facility”), the details of which and the key
facts statement are given below:

1. Name of the Borrower (“Borrower”) Mr Rohan Singh

2. Lender Northern Arc Capital Limited
3. Facility and Collection Agent Bhanix Finance and Investment Limited
4. Type of Facility Credit Facility which can be used as a (a) Personal Loan
facility and/or (b) Buy Now Pay Later facility
5. Purpose Personal use and for purchase of goods. The Credit Facility
must not be used for any illegal purpose or purchase of any
illegal items or for immoral purpose.
6. Tenure/Availability Period 5 (Five) years, which means the Credit Facility can be used
within 5 (Five) years from the date of this sanction letter
and must be repaid within the said Tenure.
7. Credit Line Amount INR 25000 (Indian Rupees 25000)
8. Default Interest Rate If the Borrower fails to pay any amount due and payable
pursuant to this sanction letter or the loan agreement on
the relevant due date or within five days of grace period
from due date or in the event of occurrence of any other
event of default (as specified in the loan agreement to be
executed with respect to the Loan read with this sanction
letter), a default interest shall be payable by the Borrower
at the rate of 3% (3 percent) per month (36.5% (36.5
percent) per annum) on the amount of sum outstanding,
calculated for each day from the due date of the unpaid
amounts including grace period, or the date of occurrence
of the event of default, as the case may be, until the date
of actual payment of all outstanding amounts or
rectification of the event of default, if so permitted.
9. Sanction Letter Validity Valid for 5 years from the date of sanction letter
10. Interest Type Fixed
11. Basis of Interest Rate calculation Reducing Balance Method. i.e., the total interest to be paid
by the customer/Borrower shall be calculated based on the
outstanding loan amount after periodic repayments by the
customer/Borrower.

Digitally Signed by:

Name:ROHAN KUMAR SINGH
7 of 24 Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
12. Interest Rate 44.00% per annum As applicable at the time of
disbursement/ availment of Credit Facility and the same
shall be communicated to the Borrower
13. Annual Percentage Rate (APR)- Effective Upto 87.72% As applicable at the time of disbursement/
annualized interest rate (in percentage) availment of Credit Facility and the same shall be
(computed on net disbursed amount using IRR communicated to the Borrower
approach and reducing balance method)
14. Processing Fee applicable (plus applicable taxes) PF: Upto 5.5% As applicable at the time of disbursement/
availment of Credit Facility and the same shall be
communicated to the Borrowerr
15. Cost of Documentation, Verification, Onboarding Upto 4% as applicable at the time of disbursement
and other expenses in relation to the Facility
16. Insurance, if any NA
17. Other up-front charges, if any (in Rupees) NA
18. Repayment frequency by the borrower Monthly
19. Repayment Method As per the Credit Facility Agreement and other terms and
conditions
20. Rate of annualized penal charges in case of 36.5%
delayed payments (if any)
21. Rate of annualized other penal charges (if any); NA
22. Cooling off/look-up period during which borrower 3 days
shall not be charged any penalty on prepayment
of loan
23. Name, designation, address and phone number of Name: Ms. Deepa Nair
nodal grievance redressal officer of Northern Arc Designation: Grievance Redressal Officer
Capital Limited designated specifically to deal Address: IT M Research Park, Phase 1, 10th FloorNo. 1,
with FinTech/ digital lending related complaints/ Kanagam Village Taramani, Chennai – 600 113
issues
Toll free number.: 1800 4198 766
Email ID: [email protected]
24. Mandatory availment The first drawdown should be availed within a period of 3
days from the date of this Sanction Letter.
25. Privacy Policy https://www.northernarc.com/assets/uploads/pdf/Privacy-
Policy.pdf

8 of 24

Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
All the applicable taxes, duties and levies would be additionally charged as per law.

Broken interest period shall be applied for the period between the date of disbursement and the instalment start date and shall be
added to the principal and EMI will be calculated accordingly.

The processing fees, other costs and applicable charges will be collected at source at the time of disbursement. The total interest
will be apportioned across the tenure of the Credit Facility.

On your acceptance of the terms above, you will be eligible for a credit line of INR 25000, which can be utilised as per terms and
conditions of the sanction.

You are requested to go through the enclosed terms and conditions of the Credit Facility agreement and send us a signed
acceptance copy for us to proceed with your Loan disbursement.

Yours sincerely For the Lender

Northern Arc Capital Limited

Place: Chennai

Accepted the offer:

Name of Borrower : Mr Rohan Singh

Borrower Signatory

Date : 10-06-2023

9 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 MOST IMPORTANT TERMS AND CONDITIONS

1. The sanction of the amount and the applicable terms and conditions are subject to execution of Credit Facility Agreement and
other documents with the Lender. The terms and conditions of Credit Facility Agreement and/or other documents will prevail
over this letter in case of any contradiction/ conflict/ difference. The Lender shall have the right to require the Borrower to
provide such additional details and/ or documents as required by it at the time of actual disbursal of the Loan or issuance of
the credit line. This sanction letter intends to summarize certain fundamental and key terms of the Credit Facility and does not
reflect the complete agreement between the Lender and the Borrower in relation to the loan and credit line. No legally binding
obligations will be created, implied or inferred until the relevant Credit Facility documents are executed and delivered and
completion of Know Your Customer (“KYC”) and other regulatory checks with respect to the Borrower to the satisfaction of the
Lender.
2. The Credit Facility sanctioned shall be available to the Borrower during the Tenure. Notwithstanding any revocation,
cancellation or withdrawal of the sanction letter or the Credit Facility, the processing fees received is non- refundable. For
details of the various fees and charges applicable, please refer website.

3. The Borrower shall have the option to drawdown the Credit Facility under with of the two options, subject to the terms and
conditions mentioned hereunder: (a) Personal Loan and (b) Buy Now Pay Later (BNPL) loans.

4. If the Borrower avails a Personal Loan, then the Borrower cannot avail any further Personal Loan, notwithstanding any un-used
limit under the Credit Facility, till such time all amounts outstanding under the Personal Loan is repaid to the satisfaction of the
Lender.

5. Without prejudice to clause 4 above, the Borrower is allowed to available multiple BNPL loans within the limit sanctioned under
the Credit Facility.

6. Notwithstanding anything contained herein, all the outstanding amounts under the Personal Loan and every BNPL loans must
be repaid on or prior to the end of the Tenure.

7. The Lender shall be entitled to revoke the sanction and to add, to delete or modify all or any of the terms and conditions of the
Credit Facility with prior intimation to customer, inter alia, if:

a. There is any material change in the purpose for which the Credit Facility has been sanctioned.

b. In the sole judgment of the Lender, any material facts have been concealed and / or become subsequently known.

c. Any statement, declaration, undertaking or disclosure made by, or on behalf of, the Borrower in the application or /
otherwise is incorrect, inaccurate, incomplete or misleading.

d. There is a default or a breach of any terms and conditions of this sanction letter and the application form.

e. If there is any bankruptcy or insolvency proceeding filed or admitted against the Borrower.

f. Relevant Credit Facility documents are not executed by the Borrower in a form and manner satisfactory to the Lender.

g. There is any misuse of in terms of any suspicious and/ or fraudulent activities, funding to terrorist organisations or any
transactions amounting to AML or any activity prohibited by any Law governing the country.

8. If the Borrower does not submit duly accepted copy of this sanction letter to the Lender within stipulated period then, the
Lender’s decision shall be final and binding on the Borrower

10 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
9. The Borrower expressly recognizes and accepts that the entire Credit Facility to be extended by the Lender and shall also be
entitled at its discretion to engage/ avail of, at the risk and cost of the Borrower, services of any person/ third party service
provider/ agent/ agency, for anything required to be done for/ in relation to/ pursuant to the Credit Facility, including
disbursement, collections, recovery of dues, enforcement of security, getting or verifying any information of the Borrower(s)/
assets, and any necessary or incidental lawful acts/ deeds/ matters and things connected thereto, as the Lender may deem fit.
For the purposes as aforesaid, Lender shall be entitled to disclose to such persons/third party service provider/agent/agency all
necessary and relevant information pertaining to the Borrower(s), the Credit Facility and such other details as may be deemed
necessary by the Lender.

10. Disbursement of Credit Facility:

(a) For Personal Loan: In case the Borrower opts to avail all or any amount under the Credit Facility as a Personal Loan, the loan
amount after deduction of charges as per the sanction letter shall be deposited in the bank account of the Borrower.

(b) For BNPL loans: The Borrower can avail multiple BNPL loans within the limit available under the Credit Facility. Each BNPL
loans, net of charges and costs as mentioned in the sanction letter, will be directly credit in the bank account of the relevant
merchant.

11.Repayment of Credit Facility:

(a) For Personal Loan: In case the Borrower opts to avail all or any amount under the Credit Facility as a Personal Loan, the loan
amount after deduction of charges as per the sanction letter shall be deposited in the bank account of the Borrower.

(b) For BNPL loans: The Borrower can avail multiple BNPL loans within the limit available under the Credit Facility. Each BNPL
loans, net of charges and costs as mentioned in the sanction letter, will be directly credit in the bank account of the relevant
merchant.

(c) All such repayments shall be done through banking channel and should be done in the bank account of the Lender only
without any pass through account/ pool account of any third party.

12. The Lender may in its sole discretion and with prior intimation to customer alter the rate of interest suitably and prospectively
if unforeseen or extraordinary changes in the money market conditions take place

13. The rate of interest applicable to the Credit Facility shall be as prevailing on the date of disbursement and is fixed in nature.
The basis of interest rate calculation will be on reducing balance method. i.e., the total interest to be paid by the Borrower shall be
calculated based on the outstanding loan amount after periodic repayments by the Borrower.

14. The Loan Amount and terms sanctioned by the Lender, besides all other terms and condition, against applied amount and
tenure is final and binding on all the Borrowers. However, the Lender reserves its right to review and reappraise the Loan Amount
during its continuity in terms of the credit facility agreement to be executed towards disbursal of the Loan Amount.

15. Recovery of Overdue/Bad debts: It is duty of the Borrower to repay Loan amount with applicable interest along with all dues/
charges/fees levied as per agreed terms of Loan Agreement. However, in the event of default in re -payment of any of the above,
the Lender reserves the right to recover overdue by resorting to legal and permissible means.

16. The details of the Designated Grievance Redressal Officer and the procedure for redressal of grievances are provided on our
website, www.northernarc.com.

17. The Credit Facility in terms of the credit facility agreement to be executed towards disbursal of the Credit Facility amount
and terms sanctioned by the Lender, besides all other terms and condition, against applied amount and tenure is final and binding
on the Borrower. However, the Lender reserves its right to review and reappraise the Credit Facility at any time during the Sanction
Letter Validity.

11 of 24

Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
18. Lender may suggest Borrower an insurance company through whom Borrower can avail insurance as per the options
available; however, Lender would like to make it very clear that it is not mandatory to avail insurance from such insurance
provider. If Borrower have not paid any charges, fees, premium which becomes due to Lender or its affiliates or Lender has made
payment of same to any third party or an insurance company on Borrower’s behalf, Lender shall deduct such fees from
Borrower’s Credit Facility being disbursed and Borrower shall be liable for the entire Credit Facility irrespective of such deduction.
Further, for the avoidance of doubt, the Lender’s role will be limited to a facilitator while recommending name of any such
insurance company. The Borrower hereby assign the claim amount payable in the event of any total loss claim as covered under
the policy issued by the Insurer against the Credit Facility due to the Lender and the Borrower further declares that this receipt
shall be sufficient evidence for discharge of claim to the Insurer.

19. The Borrower hereby acknowledges that:

a. This sanction letter captures the most important terms of the aforesaid Credit Facility, and all other terms and conditions of
the Credit Facility shall be as specified in the Credit Facility Agreement and to be read with the other Credit Facility documents
executed amongst the Borrower and Lender.

b. The sanction of the abovementioned Credit Facility and all the terms and conditions mentioned in this sanction letter are
subject to the execution of Credit Facility Agreement and such other Credit Facility documents between the parties, which shall
be the final, binding and superseding document for all purposes for this relationship between you and the Lender, in physical or
digital form as the Lender may specify in the prescribed formats.

c. This Sanction Letter is not intended to be and does not constitute a legally binding obligation on Lender’s behalf to disburse
the Loan Amount.

d. Confidentiality: The sanction letter and its content are intended for the exclusive use of the Borrower and shall not be
disclosed by the Borrower to any person unless the prior written consent of the Lender is obtained.

e. This sanction letter and all transactions arising hereunder shall be governed by Indian Laws and subject to the jurisdiction of
the exclusive courts of Chennai.

For any further query/complaint, please write to customer care at [email protected]

[email protected]

Accepted the offer

Mr Rohan Singh

S O Dhirendra Kumar Singh Kolkata Kolkata Cossipor, Khagendra Chatterjee Road Cossipore Pincode 700002

12 of 24 Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 CREDIT FACILITY AGREEMENT
This Credit Facility Agreement ("Agreement") has been made at Chennai and on the date as mentioned in Annexure I hereto, by
and between:

Northern Arc Capital Limited, a company incorporated under the Companies Act, 1956 and a non- banking finance company
registered with the Reserve Bank of India, having its registered office at 10th Floor-Phase 1, IIT-Madras Research Park, Kanagam
Village, Taramani, Chennai – 600 113, India (hereafter referred to as "Lender", which expression shall unless repugnant to the
context or meaning thereof, include its successors and assigns) of the First Part.

AND

Mr/Ms. Mr Rohan Singh, residing at S O Dhirendra Kumar Singh Kolkata Kolkata Cossipor, Khagendra Chatterjee Road Cossipore
Pincode 700002, Kolkata, Kolkata, WB, 700002 , having permanent account no Pan_XXXXXX son/ daughter of Parent_XXXXXX ,
hereinafter referred to as the "Borrower", (which expression shall, unless repugnant to the context or meaning thereof, include its
heirs, executors, administrators and permitted assigns) of the second Part

Lender and Borrower shall together be referred to as the “Parties” and individually as “Party.

WHEREAS:

a. CASHe is a mobile app ("Mobile App") which facilitates the provision of credit facilities which includes personal loans and
other shopping products, based on the details provided by the Borrower in the mobile application form, and through other modes
of communication, ("Mobile Application Form") available on the Mobile App.

b. Whereas the Borrower has approached the Lender, through the Mobile App, for a Credit Facility of INR 25000 /- (the "Credit
Facility") and Lender has agreed to extend the Credit Facility to the Borrower and Borrower hereby accepts the same as per the
terms of this Agreement and the sanction letter dated 10-06-2023 issued by the Lender ("Sanction Letter”), including Annexure
attached hereto.

c. Whereas the Borrower understands that every Credit Facility request shall be assessed individually, at the Lender’s sole
discretion and the final disbursement amount shall be based on the Lender’s internal policies and eligibility criteria applicable to
the Borrower.

d. Whereas the Borrower understands that this Agreement shall remain valid till the Borrower discharge all its obligation to the
Lender.

e. Whereas the Borrower understands that on approval of Credit Facility by the Lender, the terms between the lender and
borrower are materialized by entering into this binding agreement..

NOW THE PARTIES PRESENT HERETO HEREBY AGREES AS FOLLOWS:

1. COMMENCEMENT AND VALIDITY

a.This Agreement shall come into effect from the date of this Agreement and will be valid till all amount payable under the Credit
Facility is repaid in full to the satisfaction of the Lender or for a period of Five (5) years from the effective date, whichever is later.
Notwithstanding the aforesaid, this Agreement shall stand cancelled upon cancellation of the Credit Facility in entirety provided
there is no outstanding amounts owed by the Borrower to the Lender. This Agreement shall be read together with the terms of the
Sanction Letter and the Sanction Letter shall be an integral part of this Agreement. Any capitalised terms used herein but not
defined in this Agreement, shall have the meaning ascribed to them in the Sanction Letter.

b. The Lender has reserved the right to cancel this Credit Facility, at its own discretion at any point of time or to increase the
sanction of the Credit Facility amount at its own discretion at any point of time subject to an explicit consent taken from the
Borrower. The Borrower can drawdown for loan multiple times under this Credit Facility subject to availability of limit and the
validity of this Agreement.

Digitally Signed by:

13 of 24 Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
2. DISBURSAL OF THE LOAN

The Loan Amount can be availed by the Borrower under two product categories as detailed below:

(a) For Personal Loan:In case the Borrower opts to avail all or any amount under the Credit Facility as a Personal Loan, the loan
amount after deduction of charges as per the sanction letter shall be deposited in the bank account of the Borrower.

(b) For BNPL loans:The Borrower can avail multiple BNPL loans within the limit available under the Credit Facility. Each BNPL
loans, net of charges and costs as mentioned in the sanction letter, will be directly credit in the bank account of the relevant
merchant

3. PURPOSE

(a) For Personal Loan:The loan can be utilised for any purpose other than for any illegal purpose or immoral activities.

(b) For BNPL loans:The loan can be utilised to purchase any item or services online other than any illegal item or illegal service
or immoral service.

The Borrower hereby confirms that the amount borrowed shall be used solely for the purpose as agreed by the Borrower in the
Mobile Applicable Form and as specified in the Sanction Letter ("Purpose”).

4. REBORROWING

(a) At any point of time, the Borrower is not entitled to avail more than one Personal Loan, even if there is unutilised limit
available under the Credit Facility.

(b) The Borrower is however, allowed to avail any number of BNPL loans within the overall limit under the Credit Facility.

(c) The Borrower may reborrow any part of the Credit Facility which is fully repaid subject to the condition the total amount of
the monthly installments amount under the Credit Facility is not exceeding the thirty five percent of the net take home salary of
the Borrower (“Limit”). At any point of time if the aggregate amount of outstanding amounts under the Credit Facility goes below
the Limit, then the Borrower may be eligible for additional utilization under this Credit Facility.

5. TRANSACTION CATEGORIES

The Borrower may utilize or draw down the Credit Facility towards the below mentioned transactions.

1.Personal Loan:The Borrower can transfer the credit limit assigned in parts or in full to the Borrower’s bank account using the
Mobile App.

2.Buy Now Pay Later (BNPL): : The Borrower can make purchases by opting for payment through this Credit Facility at the
checkout on any merchant platform. At the time of checkout, the Borrower can convert the outstanding bill due into equated
monthly instalments (EMI) of various tenures specified therein.

6. INTEREST AND CHARGES

(a) The Borrower shall pay interest, default interest (if any), along with late payment fees, ECS/NACH/cheque bounce charges
and roll over fees (collectively “Charges”) at the rate as detailed in Annexure I herein and as per the time frame agreed in the
Mobile Application Form. The interest shall be calculated as per the terms and conditions agreed by the Borrower and available in
the Mobile App and in the web site of CASHe.

(b) The loan availed shall carry interest at the rate specified in the Annexure I thereto, on the Credit Facility amount sanctioned
throughout its tenure. The rate of interest charged by the Lender is fixed in nature. However, the basis of interest rate calculation
will be on reducing balance method. i.e., the total interest to be paid by the Borrower shall be calculated based on the outstanding
loan amount after periodic repayments by the customer/Borrower.

(c) The Lender shall have at its absolute discretion the right to prospectively vary the rate of Interest/ commission/ other charges
(including default interest rates) applicable to the Credit Facility from time to time.

14 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
Broken interest period shall be applied for the period between the date of disbursement and the instalment start date and shall be
added to the principal and EMI will be calculated accordingly. The Borrower will not be charged any interest in transactions
categorized as ‘Pay Later’ provided the Borrower pays the amount in full within the billing cycle.

(d) If the Borrower fails to repay the relevant equated monthly instalment or any other amounts as may be due under Credit
Facility, within 5 (five) days grace period for Personal Loan and within 4 (four) days grace period for BNPL then, without prejudice
to any other rights available to the Lender hereunder or under applicable laws, the Default Interest Rate shall apply at such rate
as specified in the Annexure/ Sanction Letter hereto on the amount of sum overdue, from the due date of instalment, including
grace period and shall be payable as delayed interest and will continue till full and final payment of the unpaid amounts. Further,
such default interest shall be payable in the event of occurrence of any other Event of Default from the date of occurrence of such
Event of Default until rectification thereof to the satisfaction of the Lender (if so permitted) or repayment in full of all outstanding
amounts by the Borrower to the satisfaction of the Lender.

7. BILLING CYCLE & PAYMENT DUE DATE:

The Lender will bill the borrower the outstanding Amount in a cycle of 28-31 days depending upon the days in the calendar
month. The first day of the next billing cycle will be the due date. Borrower will be given 5 days to make payment either in full or
convert into EMI of the chosen tenure with applicable interest & charges.

8. REPAYMENT AND PREPAYMENT OF THE LOAN

(a) The Borrower agrees to repay the amount outstanding and/or loan instalments(s) together with interest, default interest (if
any) or the Charges, dues and taxes (as applicable) (“Amount Due”) on agreed due dates/ within the periods as indicated in the
repayment schedule specified in the credit confirmation email.

(b) The Cooling off/look up period is 3 days from the date of disbursal, wherein the Borrower has the right to prepay the total
outstanding loan (along with proportionate APR) in full without any penalty. The Borrower can any time post the Cooling off/look
up period, on such terms and conditions as may be imposed by the Lender, prepay the Loan. Post, the Cooling off/look up period
prepayment can be done in part or full.

(c) The Borrower has agreed to provide Electronic Clearing System “ECS/ NACH mandate/ UPI Instruction” or issued a
Promissory Note (collectively “Repayment Instrument”) in favor of the Lender for the repayment of the amount utilized under
Credit Facility andcharges now or hereafter. The Borrower hereby unconditionally and irrevocably authorizes the Lender and/ or
any other enforcing agency to present for payment/ enforce the Repayment Instruments towards payment of the Amount Due.
The Borrower shall ensure availability of funds in the account on which such Repayment Instrument(s) have been drawn and the
Borrower shall not at any time close his/ her account and/ or issue any notice instructing the Lender not to present any such
Repayment Instrument(s) for encashment or instruct his/her bank to stop payment on any such Repayment Instrument(s) and
also confirmed that the repayment instrument remains valid for all payments and Loans along with interest (including default
interest) and other charges, if any.

9. EVENT OF DEFAULT

An event of default shall be deemed to have arisen if the Borrower does not comply with his/her obligations as mentioned in this
Agreement and also on the happening of one or more of the following events (each an "Event of Default" and collectively "Events
of Defaults"):

a) The death/lunacy or other disability of the Borrower.

b) If the Borrower is unable to pay his debts as and when they arise or there is an apprehension of such inability or if the
Borrower has admitted such inability in writing.

c) If a default has occurred in the repayment of the utilized amount of the Credit Facility or any instalment thereof along with
interest, default interest or the Charges on the due date(s) of such amounts or on demand.

d) A Repayment Instrument in respect of any payment under the Loan is dishonoured

15 of 24

Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
e) If the Borrower has:
(i) breached any provisions, or failed to fulfil any obligations, undertakings and covenants under this Credit Facility Agreement.

or
(ii) breached any statement, representation, warranty or confirmation made herein or otherwise by the Borrower.

f) The Borrower is or becomes a party to any litigation, arbitration, administrative or other action, investigation by any
governmental entity, claim, suit or proceedings which would have a material adverse effect on the performance of terms of this
Agreement.

g) Any instruction being given by the Borrower to stop the payment of any loan ECS/ NACH mandate for any reason whatsoever.

h) The Borrower fails to furnish any information or documents or/and furnished fraudulent documents.

i) There exist any other circumstances at which may jeopardize the Lender’s interest.

j) The Borrower utilises the proceeds of the Credit Facility for any purpose other than the Purpose mentioned in the Sanction
Letter.

k) Any default arising in relation to any other agreement entered into by the Borrower with the Lender, default under any other
loan availed from the Lender or any other bank and/ or financial institution including the Lender shall constitute an event of
default under this Agreement.

Upon occurrence of an Event of Default, the outstanding amount of the Credit Facility shall forthwith become payable to Lender,
without any notice to the Borrower.

10.CONSEQUENCES OF EVENTS OF DEFAULT

If one or more of the events specified in Clause 6 (Events of Default) occur(s), then the Lender at its discretion, shall be entitled
to: -

a) place the Credit Facility on demand or declare all amounts payable by the Borrower in respect of the Credit Facility to be due
and payable immediately, including default interest and other charges including penal charges due to bouncing of the Repayment
Instrument(s), from the Borrower.

b) take any other remedy which may be available under law during the pendency of the Credit Facility including without
limitation the remedy under section 138 of the Negotiable Instruments Act, 1881 and under section 25(1) of Payment of
Settlement System Act, 2007.

c) make disclosure of details pertaining to the Borrower to RBI or any other credit information companies.

d) charge default interest on the entire outstanding amounts under the Credit Facility as specified under the Sanction Letter.

e) suspend further access to/ drawls by the Borrower of the Credit Facility.

f) Appoint a collection agent to recover all outstanding due amounts from the Borrower.

g) exercise and enforce all rights and remedies available to the Lender under this Agreement.

16 of 24

Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
11.CONDITIONS PRECEDENT

The following shall be conditions precedent for disbursal of the Loan: -

a) The Borrower shall furnish the duly executed Agreement and any other loan documents in favour of the Lender.

b) The Borrower shall have completed "Know your customer" (or similar requirements) checks satisfactory to the Lender.

c) The Borrower shall submit the Repayment Instruments in a form and manner acceptable to the Lender.

d) No Event of Default shall have occurred.

e) No extraordinary or other circumstances shall have occurred which shall make it improbable for the Borrower to fulfill his
obligations under this Agreement.

12. REPRESENTATIONS AND WARRANTIES OF BORROWER

Borrower represents and warrants to Lender as follows, and states that the same are true, correct, valid and subsisting in every
respect unless otherwise disclosed by the Borrower to the Lender and deemed to be repeated as on each date until repayment in
full of all outstanding amounts under the Credit Facility to the satisfaction of the Lender that:

a) upon execution by the Borrower, this Agreement and the Sanction Letter shall constitute a valid, enforceable and legally
binding obligation of the Borrower.

b) the Borrower is competent to contract under The Indian Contract Act, 1872.

c) the Borrower has the legal right and full power and authority to enter into, perform and deliver its obligations under this
Agreement.

d) all the necessary approvals for availing of the Credit Facility have been obtained and that the Borrower will at all times till
the amounts due to the Lender are paid in full a, keep all such permissions valid and subsisting.

e) there is no litigation, proceedings or disputes pending or threatened against the Borrower, the adverse determination of
which might substantially affect the Borrower's ability to repay the Credit Facility or have a materially adverse effect on the
financial condition of the Borrower.

f) the Borrower has disclosed to the Lender all information (financial or otherwise) relating to it and no information has been
withheld which is material to be known to the Lender.

g) all factual information provided in the Mobile Application Form and in connection with the Loan is true, complete and
accurate, valid, in full force and effect in all respects as at the date it was provided or as at the date (if any) at which it is stated
and is not misleading in any respect

h) all information and documents furnished by or on behalf of the Borrower in connection with obtaining the Credit Facility,
whether prior to the date hereof or contemporaneously with the execution of this Agreement and all information furnished
hereinafter, is and will be true, correct and complete in all respects as on the date on which such information is provided or
certified and throughout the tenor of the Credit Facility.

i) no proceedings have been initiated and no events have occurred in connection with insolvency, bankruptcy, liquidation
protection against creditors or declaration as a relief undertaking or other similar matters in relation to the Borrower, and there is
no order for the appointment of a receiver, administrator, liquidator or other similar Person or authority in relation to the business,
undertaking or assets of the Borrower.

Digitally Signed by:

17 of 24 Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
j) nothing contained herein conflicts with any applicable laws, regulations or bye laws of the Central or a State Government or
any local, revenue, tax or statutory authority, including the Securities and Exchange Board of India, the Reserve Bank of India,
stock exchange or any other authority, which is binding on the Borrower.

k) the Borrower is not in arrears of any demand including income tax, corporate tax and any other taxes, rates or levies or any
other statutory dues payable to the Central or State Governments or any local, statutory or other authority.

l) the Borrower has not been included in the list of defaulters by any regulatory/ statutory authority and/ or banks and/ or
financial institutions and/or Non-Banking Financial Companies etc.

13. Lender may suggest Borrower an insurance company through whom Borrower can avail insurance as per the options
available; however, Lender would like to make it very clear that it is not mandatory to avail insurance from such insurance
provider. If Borrower have not paid any charges, fees, premium which becomes due to Lender or its affiliates or Lender has
made payment of same to any third party or an insurance company on Borrower’s behalf, Lender shall deduct such fees from
Borrower’s Credit Facility being disbursed and Borrower shall be liable for the entire Credit Facility irrespective of such
deduction. Further, for the avoidance of doubt, the Lender’s role will be limited to a facilitator while recommending name of any
such insurance company. The Borrower hereby assign the claim amount payable in the event of any total loss claim as covered
under the policy issued by the Insurer against the Credit Facility due to the Lender and the Borrower further declares that this
receipt shall be sufficient evidence for discharge of claim to the insurer.

14. SUSPENSION OR CANCELLATION BY LENDER

The Lender may, by notice to the Borrower, suspend the right of the Borrower to disbursements or cancel the undisbursed portion
of the Loan in whole or in part:

a) if any Event of Default has occurred and is continuing or if the Event of Default is, in the reasonable opinion of Lender,
imminent; or

b) if any event or condition has occurred which has or can be reasonably expected to have a material adverse effect on the
Borrower; or

c) if the total Credit Facility is not availed within the time period stipulated

15. COVENANTS

The Borrower hereby covenants that the Borrower shall:

a) ensure timely payment of the Amount Due and ensure that Repayment Instrument(s) will be honored on presentation and
shall not default or delay in the repayment of outstanding amount along with any Loan amount and interest, default interest or
the Charges and dues beyond the respective due dates

b) notify the Lender in writing if it becomes aware that any representation or warranty given by it in connection with the Lender
has or will become incorrect or misleading (including by omission);

c) use the Credit Facility for the Purpose (as stipulated in the Sanction Letters) for which the Credit Facility was sanctioned and
for no other purpose whatsoever

d) the Borrower shall repay the entire Amounts Due as applicable under the Credit Facility without any failure.

e) the Borrower shall pay the collection charges, if any, incurred by the Lender on its behalf.

f) the Borrower shall bear the cost incurred by the Lender for initiating legal proceedings.

g) undertakes to repay the Credit Facility/EMI on the Repayment Date along with interest, delayed interest as applicable

h) ensure that any break in access to the Mobile App does not release the Borrower from the obligation to pay the amount due
or repay the loan at its maturity date.
Digitally Signed by:
18 of 24 Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
i) check the date of payment of amount due and/or Loan repayment and current Loan repayment amount logging into the user
account.

j) be liable to the Lender for correctness and accuracy of the above representations and also data provided in the Loan
Application.

k) agrees to perform without any objection any obligations under the Loan and in relation to performance of such obligations,
after receipt of the Credit Facility, accepts liability for any consequences related to late payments and consequential risk.

l) ensure for abide and follow all the terms and conditions agreed through the Mobile App and also in the website of CASHe
pertaining to any change in address, mobile no and any other details.

m) ensure that in case of a change of the mobile telephone number, residential address, employment address, the Borrower is
obligated to immediately inform such Changes to the Lender.

n) read and understand the terms and conditions of Credit Facilitythoroughly before acceptance of Credit Facility.

o) promptly inform the Lender in writing if the Borrower voluntarily or involuntarily becomes the subject of any insolvency or
bankruptcy law or proceedings

p) inform the Lender if a receiver, administrator, liquidator or other similar Person or authority is appointed or sought to be
appointed in relation to the Borrower or his assets

16. DISCLOSURE AND CONSENT

a) The Borrower acknowledges and authorises the Lender to deduct processing fees, other costs, insurance charges (including
any other charges), on behalf of Lender from the disbursement amount.

b) The Borrower expressly recognizes and accepts that the entire Credit Facilityis being extended by the Lender and shall also
be entitled at its discretion to engage/ avail of, at the risk and cost of the Borrower, services of any person/third party service
provider/ agent/ agency, for anything required to be done for/ in relation to/ pursuant to the Credit Facility, including
disbursement, collections, recovery of dues, enforcement of security, getting or verifying any information of the Borrower(s)/
assets, and any necessary or incidental lawful acts/ deeds/ matters and things connected thereto, as the Lender may deem fit.
For the purposes as aforesaid, Lender shall be entitled to disclose to such persons/ third parties all necessary and relevant
information pertaining to the Borrower(s), the Credit Facility and such other details and the Borrower hereby expressly consents
to such disclosure.

c) The Borrower authorizes Lender to engage or appoint one or more person(s) to verify any fact or information furnished by,
concerning and pertaining to the Borrower and/ or to collect any and all Borrower information or activities relating to the
administration of the Credit Facility including the rights and authority to collect and receive on behalf of Lender all dues and
unpaid instalments and other amounts due by Borrower under this Agreement. The Borrower expressly accepts and authorizes
Lender (and/or any such third party as Lender may appoint from time to time).

d) The Borrower also authorizes Lender and any third party (authorized by the Lender) to collect data from Credit Information
Companies ("CIC”s).

e) The Borrower authorizes the Mobile App and Lender to capture all the data, details, information, mobile phone data, etc.
("Data") provided by the Borrower in the Mobile Application Form. The Borrower hereby confirms that it has read and understood
the all the polices (including privacy policy) of the Lender and its agents (including the lending service providers, recovery agents
and the digital lending application) as available on their respective websites and applications, as the case maybe. The Borrower
hereby confirms that it has consented to collection of Data as mentioned in such privacy policies. The Lender, its agents
(including lending service providers) and their respective digital lending applications may collect and record such Data, till the
withdrawal of consent from the Borrower, for purposes of this Agreement. The Borrower, in addition to authorising the collection,
storage, disclosure and sharing of Data as mentioned the privacy policies, hereby gives consent to the Lender and its agent for
access to the camera, microphone, location or any other facility necessary for the purpose of on-boarding of the Borrower and the
KYC requirements of the Borrower. The Borrower also hereby provide its consent for disclosure of its personal information to
such third parties as mentioned in the privacy policies of the Lender and its agent.

19 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
f) Notwithstanding any other provisions of the Agreement, the Lender may at any time, without the consent of the Borrower
assign its rights to any person without notice to the Borrower, or charge, assign or otherwise create security in or over, any or all
of its rights or obligations under the Agreement to any person by written notice to the Borrower. The Borrower cannot assign or
transfer any of its rights and obligations under the Agreement without the Lender's prior consent.

g) The Borrower hereby irrevocably agrees and consents to execution of this Agreement by the Lender by way of digital
signature including by way of Aadhaar OTPor OTP or such other mode(s).

h) The Borrower hereby irrevocably agrees, consents and accepts to the Lender/ CASHe or of /through any vendor/s appointed
by the Lender, for accepting terms and conditions, relating to the facility/ security, executing and, transacting facility / security
documents, e-stamping data storage etc.

i) The Borrower hereby irrevocably agrees, accepts and consents, to receive and/or send any communication from and to the
Lender/Platform /third party vendors/agents etc. appointed by the Lender/Platform, whether by way of an SMS, email etc. on the
personal mobile numbers/ email id(s) of Borrower/ the authorised signatories and/ or on the registered mobile numbers/ email
id(s) of the Borrower with the Lender and the same shall be valid and binding upon the Borrower.

j) That the Borrower hereby irrevocably agrees, consents and authorizes the Lender, to use the Borrower(s)/ authorized
signatories Aadhaar details and core biometric information to authenticate and verify the Borrower/ authorize signatories. The
Borrower also hereby consents to the execution and stamping of documents through Lender.

k) That the Borrower hereby irrevocably agrees and consents that by entering the OTP of the Borrower, it shall be imply consent
and be treated as a voluntarily consent of the Borrower / authorized signatories, to validate the PAN No. and use the Aadhaar
details, for Aadhaar authentication and the Borrower hereby authorizes the Lender, to fetch the Borrowers/ Authorised signatories
personal details from NSDL and for UIDAI respectively.

l) The Borrower hereby irrevocably agrees and consents to the Lender availing services of third-party vendors for payment of the
stamp duty and/or electronic or digital execution of the Agreement through use of electronic or digital technology as available
under the law.

m) The Borrower hereby upfront provides its consent for the any increment and/or reduction of the amount of Loan extended by
the Lender.

17. INDEMNITY

The Borrower hereby accepts that e-signature effected by Borrower is unequivocally binding and further indemnify the Lender for
any claims that may arise on the Lender due to utilisation of the process of e-signature.

Without prejudice to the other rights of the Parties under this Agreement or applicable law, the Borrower(s) (each an
“Indemnifying Party”) agree and undertake to, jointly and severally, indemnify, defend and hold the Lender , their respective
Affiliates and each of their respective directors, officers, employees, attorneys, associates or agents (each an “Indemnified Party”)
harmless and indemnified to the fullest extent permitted by law, from and against any and all losses, liabilities, claims, damages,
proceedings, penalties, judgments, taxes and expenses (including fees, disbursements and other charges of counsel which may
be incurred by the Indemnified Party in any action between the Indemnifying Party and the Indemnified Party or between the
Indemnified Party and the governmental authority or between the Indemnified Party and any person), incurred or suffered by the
Indemnified Party (collectively, “Losses”) arising in connection with or as a result of:

a. Any representations or warranties of the Indemnifying Party being or becoming incorrect, or any undertakings or covenants
as contained in this Agreement being breached by such Indemnifying Party;

b. Any non-compliance, with the provisions of this Agreement.

18. LIMITATION OF LIABILITY

Borrower expressly understands and acknowledges that the Lender shall not be liable for any direct, indirect, incidental, special,
consequential or exemplary damages, including but not limited to, damages for loss of profits, goodwill, use, data or other
intangible losses, even if the Lender has been advised of the possibility of such damages
Digitally Signed by:
20 of 24 Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
19. DISPUTE RESOLUTION AND GOVERNING LAW

19.1 Each of the parties hereto agrees that the courts in Chennai, on an exclusive basis, shall have jurisdiction to settle any
disputes which may arise out of or in connection with this Agreement. The Lender may, however, in its absolute discretion in order
to protect their rights and interests hereunder commence any legal action or proceedings arising out of this Agreement against
the Borrower in any competent forum in India. To the extent that the Borrower may in any jurisdiction claim for itself or its assets
immunity from suit, execution, attachment (whether in aid of execution, before judgment or otherwise) or other legal process and
to the extent that in any such jurisdiction there may be attributed to itself or its assets such immunity (whether or not claimed),
the Borrower hereby irrevocably agrees not to claim and hereby irrevocably waives such immunity.

19.2 This Agreement and the rights and obligations of the Parties hereto shall be construed in accordance with and be governed
by the laws of India

20.GRIEVANCE REDRESSAL MECHANISM

21.The details of the Designated Grievance Redressal Officer and the procedure for redressal of grievances for the Lender have
been placed on the website https://www.bhanixfinance.com https://www.northernarc.com/ MISCELLANEOUS a) Except as
otherwise provided herein, all fees and expenses incurred in connection with or related to this Agreement shall be paid solely by
the Borrower. The Borrower shall be solely liable to pay any tax, stamp duty, stamp duty penalties, registration fees, penalties as
may be incurred by the Borrower or the Lender, for performance or enforcement of this Agreement. It is hereby clarified that any
tax, stamp duty, stamp duty penalties, registration fees, penalties which are paid by Lender, shall form part of the overall
obligations of the Borrower under this Agreement and the Borrower shall pay such amounts to the Lender.

a) Except as otherwise provided herein, all fees and expenses incurred in connection with or related to this Agreement shall be
paid solely by the Borrower. The Borrower shall be solely liable to pay any tax, stamp duty, stamp duty penalties, registration fees,
penalties as may be incurred by the Borrower or the Lender, for performance or enforcement of this Agreement. It is hereby
clarified that any tax, stamp duty, stamp duty penalties, registration fees, penalties which are paid by Lender, shall form part of the
overall obligations of the Borrower under this Agreement and the Borrower shall pay such amounts to the Lender.

b) English shall be used in all correspondence and communications between the Parties.

c) Notwithstanding anything stated in this Agreement, it is expressly agreed by the Borrower that the Lender shall not be bound
to continue the Loan or make any disbursement, and the Lender may, in its sole and exclusive discretion, at any time, without
assigning any reason, decline to make a disbursement or otherwise discontinue the Loan consequently recalling the entire Loan,
which decision shall be binding on, and shall not be questioned by, the Borrower, and the Lender shall not be liable for any
damages or other consequences to the Borrower or any other Person by reason thereof. English shall be used in all
correspondence and communications between the Parties.

d) If the Borrower authorizes any other person to transact with the Lender, then such act of the authorized person shall be
binding on the Borrower.

e) The Borrower expressly agrees and acknowledges to have read and understood the terms applicable for availing the Loan
and be bound by such terms and conditions (as amended by the Lender from time to time) at all times during the tenure of the
Loan.

f) The Parties hereto confirm and acknowledge that this Agreement, the sanction letter issued to the Borrower in relation to the
Loan, Mobile Application Form, Privacy Policy, Terms and Conditions mention in Mobile App and website of CASHe and the
Annexure(s) herein, constitute the entire Agreement between them and shall supersede and override all previous
communications, either oral or written, between the parties with respect to the subject matter of this Agreement, and no
agreement or understanding varying or extending the same shall be binding upon any Party hereto unless arising out of the
specific provisions of this Agreement.

g) Notwithstanding anything to the contrary contained in the Agreement, the Lender shall have the right (in full or in part) to
assign and/ or transfer and/ or novate its rights or obligations under this Agreement and/ or the outstanding amount or other
arrangement for risk sharing, whether with or without recourse to the Lender, to one or more banks or any other entity, trust, any
association, without any reference or notice to the Borrower.

21 of 24 Digitally Signed by:

Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
h) Notwithstanding any provision of this Agreement, Lender will not be liable for loss (whether direct, consequential or loss of
profit, data or interest) or damage suffered by any Party arising out of:

i. Any delay or failure by the Lender in performing any of its duties under this Agreement or other obligations caused in whole or
in part by any steps which the Lender, in its sole and absolute discretion, considers appropriate to take in accordance with all
such applicable laws and regulations; or

ii. The exercise of any of the Lender’s rights under this Agreement.

i) Any delay or failure by the Lender in performing any of its duties under this Contract or other obligations caused in whole or in
part by any steps which the Lender, in its sole and absolute discretion, considers appropriate to take in accordance with all such
applicable laws and regulations

j) Notwithstanding any suspension or termination of this Agreement, all the provisions of this Agreement for the benefit or
protection of the Lender and its interests shall continue to be in full force and effect as specifically provided in this Agreement.

The Borrower hereby confirms that he/ she has received copy of the Application Form, Sanction Letter and Key facts statements,
this Agreement and the Terms and Conditions applicable for Facility and have understood the terms and conditions contained
therein.

IN WITNESS WHEREOF the Parties have executed this Agreement on the day and the year as mentioned in the Annexure.

SIGNED AND DELIVERED by the within named Borrower

Signature of the Borrower

Northern Arc Capital Limited

Date: 10-06-2023

Place: Chennai

22 of 24
Digitally Signed by:
Name:ROHAN KUMAR SINGH
Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 ANNEXURE I

Date of Credit Facility 10-06-2023

Agreement.
Borrower: Mr Rohan Singh
CLN: 16414363
Credit Facility amount: 25000
Type of loan products (a) Personal Loan: The various Personal Loan shall be known by the following product name:

CASHe 90 days Payable within 90 days from disbursement

CASHe 180 days Payable within 180 days from disbursement
CASHe 270 days Payable within 270 days from disbursement
CASHe 360 days Payable within 360 days from disbursement
CASHe 540 days Payable within 540 days from disbursement
CASHe 90 (Google Pay Spot) Payable within 90 days from disbursement
CASHe 180 (Google Pay Spot) Payable within 180 days from disbursement
CASHe 270 (Google Pay Spot) Payable within 270 days from disbursement

(b) BNPL loans: The various BNPL loans shall be known by the following product name:

CASHe Shopping Products 90 days Payable within 90 days from disbursement

CASHe Shopping Products 180 days Payable within 180 days from disbursement

Repayment Schedule Upon the choosing of the loan product by the Borrower, the repayment schedule shall be generated
and will be provide to the Borrower by the Mobile App and also communicated vide email.
Illustration with respect The Borrower acknowledges that any delay or default in payment of any amount due and payable
to SMA/ NPA under the Facility might adversely affect the Borrower’s credit score. The Borrower further
Classification acknowledges that the Facility might be classified in the Lender’s books as a special mention
account (SMA) if any amount due and payable thereunder is overdue. For example, if any principle,
interest, or any other amount is scheduled to be paid on the 31st day of a given month ("Scheduled
Date") and such amount is not fully paid on or before such day, then the relevant loan account will
be classified as SMA-0 as of such day. If the overdue continues for more than 30 days from the
Scheduled Date up to 60 days from the Scheduled Date, then the account will be classified as
SMA-1. If the overdue continues for more than 60 days from the Scheduled Date up to 90 days from
the Scheduled Date, then the account will be classified as SMA-2. If the overdue continues for more
than 90 days from the Scheduled Date, then the account will be classified as Non-Performing Asset
(NPA). Once a loan is classified as NPA, it shall remain as such till the time all overdue amounts are
paid.
Please refer the below illustration.
Illustration:
Scheduled Date: March 31, 2021
Classification Date of classification Condition for classification
SMA-0 Scheduled Date If the amount(s) scheduled to be paid on the Scheduled Date is not paid on
the Scheduled Date.
SMA-1 April 30, 2021 If any amount remains overdue for more than 30 days from the Scheduled
Date.
SMA-2 May 30, 2021 If any amount remains overdue for more than 60 days from the Scheduled
Date.
NPA June 29, 2021 If any amount remains overdue for more than 90 days from the Scheduled Date.
Digitally Signed by:
Name:ROHAN KUMAR SINGH
23 of 24 Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023
 ANNEXURE II

RECOVERY MECHANISM

The Lender has authorised Bhanix Finance and Investment Limited (CASHe) to collect the monies due from the Borrower. The
Lender shall inform the Borrower upon appointment of any other person for the purpose of collection of dues from the Borrower.
As on the date of this Agreement, the Lender has authorised Bhanix to appoint the following persons/entities for collection of
dues:

DETAILS OF THE RECOVERY AGENT(S)

SR NO. Vendor Name

1. GLOBAL ASSOCIATES
2. MICRO MANAGEMENT ASSOCIATES
3. S V ENTERPRISES
4. UR CREDIT SOLUTIONS
5. VISESH CREDIT SERVICES
6. DIALLO
7. PRERNA ENTERPRISES
8. XPLORE TECH SERVICES PVT LTD ( FUSION BPO)
9. DG CONSULTANCY
10. ALL SET BUSINESS SOLUTION
11. UNIQUE BUSINESS SOLUTION
12. KONEXIONS BACK OFFICE SERVICES PVT LTD
13. SAVIOUR MANAGEMENT SERVICE
14. VIVADI MANAGEMENT SERVICES PVT LTD (B W CREDIT)
15. MANASVI ENTERPRISE
16. ASL ENTERPRISE
17. INDIA LENDS

Digitally Signed by:

Name:ROHAN KUMAR SINGH
24 of 24 Location:Delhi
Reason:Loan Agreement for NACL
Date:Sat Jun 10 19:53:58 IST 2023