Hero FinCorp Limited

CIN: U74899DL1991PLC046774

Registered Office: 34, Community Centre,

Basant Lok
Vasant Vihar New Delhi-110057

Email: [email protected] Phone:

1800-102-4145

Website: www.herofincorp.com

Application Id: 57044001

Application Date: 2023-11-15 10:07:54.0

PERSONAL LOAN APPLICATION FORM

(FILL IN BLOCK CAPITAL LETTER & USE BLACK/BLUE BALL PEN ONLY)
Sourcing Details
Location Name GHAZIABAD
Source Type Digital
Sub Source Type
Sourcing Agent Name Paytm
Sourcing Agent Code
Login Date 2023-11-15 10:07:54.0
Existing Customer of HFCL (Y/N)
Manager Name
Manager Code
Loan Account Number 57044001
Programe Name STP
Scheme Name Personal Loan - Paytm
Documents Provided ID Proof
Type of ID Proof PAN
ID No LVHPS1314J
Applicant Details
Applicant's Name UJJAWAL SINGH
Father's/Husband's Name Mr Shatrudhan Singh
Mother's Name
Date Of Birth 2000-10-31
Gender Female
Number of dependents
Marital Status NOT_KNOWN
PAN LVHPS1314J
Residence Type
Contact Details
Mobile Number 9654495336This document is digitally signed
Personal Email Id [email protected]
Landline (Home) SAJIN PURUSHOTHAMAN MANGALATHU
Wed, Nov 15, 2023 10:32:53 IST
Delhi
Landline (Office)
Direct line
Extension
WhatsApp No
Mailing Address
842, SHANTI KUNJ KHARA KUAN ARTHALA
Address
GHAZIABAD
Nearest Landmark
Pincode 201007
City/Village GHAZIABAD
District
State UP
Years at current Address
Years in current City
Please indicate if this is equal to Permanent
YES
Address
Address
842, SHANTI KUNJ KHARA KUAN ARTHALA
Address
GHAZIABAD
Nearest Landmark
Pincode 201007
City/Village GHAZIABAD
District
State UP
Employment Details
Occupation Types Self Employed/ Business
Name of the Organization
Office/ Business Address
Nearest Landmark
Pincode
City/Village
District
State
Company Type
Office Phone Number
Official Email Id
Designation (Salaried)
Designation (Self-Employed)
Nature of Business
Industry Type
Total Work Business Experience
Year of current Job/Business
Net Monthly Salary
Last Yr ITR Amount
Proposed Loan Details
Scheme Name Personal Loan - Paytm
This document is digitally signed

Requested Loan Amount 75000

SAJIN PURUSHOTHAMAN MANGALATHU
Requested Tenure 12 Wed, Nov 15, 2023 10:32:53 IST
Delhi
Purpose of Loan Personal use
EMI Amount (Estimated) 7460
Repayment Mode NACH Mandate or through Paytm APP
Approved Loan Amount 75000
Approved Tenure 12
Processing Fees 4867
Other Charges None
Insurance Amount
Rs. 69858. The final disbursement amount may
Disbursed Amount change on the basis of broken period interest
accrued on the disbursal date.
Bank Details
Name of the Bank PAYTM PAYMENTS BANK LTD
Branch Name
Account Number 919654495336
IFSC Code PYTM0123456
Account Holder Name (As per bank record) : UJJAWAL SINGH
Mobile Digital Usage Details
Type of Vehicle
Wallet App
Banking App
Streaming App
UPI App
UPI No
E-Commerce App
Reference Details
Reference 1
Name
Contact no
Relationship with Applicant
Reference 2
Name
Contact no
Relationship with Applicant
Insurance Details
General Insurance Details
Nominee Name
Relationship with Nominee
Nominee Gender
Nominee Contact Details
Life Insurance Details
Nominee Name
Relationship with Nominee
Nominee Gender
Other disclosures
Cooling off/look-up period during which borrower shall This document is digitally signed
Within 3 days from date of loan disbursement
not be charged any penalty on prepayment of loan
SAJIN PURUSHOTHAMAN MANGALATHU
Details of LSP acting as recovery agent and authorized to Yes - One97Wed, Nov 15, 2023 10:32:53
Communications
Delhi
IST For details, please
Limited;
approach the borrower click here.
Privacy Policy of Lending Service Provider (“LSP”)
namely, One 97 Communications Limited: You can read
LSP’s Privacy Policy here , as updated from time to time.
Mr. Rajib Sen,
Hero FinCorp Ltd.,
Name, designation, address and phone number of nodal
A-44, Mohan Co-Operative Industrial Estate,
grievance redressal officer designated specifically to deal
Mathura Road,
with FinTech/ digital lending related complaints/ issues
New Delhi – 110044
(RE)
Email: [email protected]
Contact Number: 0124-3633945 (9:30 am to 6:30 pm)
Name: Aditya Ranade
Address: Skymark One, Shop No.1, Ground Floor, Tower-
Name, designation, address and phone number of nodal
D,
grievance redressal officer designated specifically to deal
Plot No. H-10B, Sector 98, Noida, UP-201301
with FinTech/ digital lending related complaints/ issues
Email: [email protected]
(LSP)
Phone number: 0120-5083345
Designation: Nodal Grievance Redressal Officer

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

LIST OF DOCUMENTS TO BE SUBMITTED BY THE APPLICANT

This is to confirm that the Applicant has/have submitted the below mentioned self attested documents
along with the Loan Application Form to Hero FinCorp Limited.

1. One Passport Size Photograph

2. Permanent Account Number (PAN)
3. Proof of Identity (Voter'92s Identity Card, PAN Card Indian Passport, Driving License, Aadhar
Number, NREGA Job Card, letter issued by the National Population Register containing details
of name and address)
4. Proof of Address (PAN Intimation letter, Proof of possession of Aadhar Number, Indian
Passport, Voter Identity Card, Driving License, NREGA Job card, Letter issued by the National
Population Register containing details of name and address, Latest House tax receipt, Bank
statement/Passbook, Gas Bill Connection / Receipt, Rent Agreement)
5. Date of Birth Proof (PAN Card, Aadhar Card, Indian Passport, Voter Identity Card, Driving
License, High school mark sheet / certificate, Senior This
citizen id card issued by Government
document is digitally signed
body)
SAJIN PURUSHOTHAMAN MANGALATHU
6. Any self declaration, if required Any other document,Wed,
as Nov
may be required
15, 2023 10:32:53 IST by Hero FinCorp
Delhi
 Limited from time to time

DECLARATION
I/We UJJAWAL SINGH" Son/Wife/Daughter of Mr Shatrudhan Singh Authorized Representative of. Date of
Birth 2000-10-31 and residing/having registered office/place of business at GHAZIABAD hereby confirm and
warrant that: (a) I/We am/are citizen(s) of India and that all the information furnished by me/us is true and
accurate and up to date in all respects and that I/We have not withheld any information whatsoever. I/We
authorize Hero FinCorp Limited ("HFCL”) to make any enquiries in this regard. (b) I would like to know
through telephonic calls, or SMS on my mobile number mentioned in the Loan Application Form as well as
in this undertaking, or through any other communication mode, various HFCL Loan offer schemes or any
other promotional schemes and hereby authorize HFCL, its employees, agent, associate to do so. (c) I
confirm that laws in relation to the unsolicited communication referred in "National Do Not Call Registry"
(the NDNC Registry) as laid down by Telecom Regulatory Authority of India will not be applicable for such
communication/calls/SMSs received from HFCL, its employees, agents and/or associates. (d) I/We shall
submit, sign and execute all such loan agreements and other documents as may be prescribed and
required by the HFCL at any point of time and the applicable stamp duty shall be payable by me/us. (e)
I/We fully acknowledge that the Application fees given by me is non-refundable and in case of rejection of
my application, I shall not seek refund of the same from HFCL (f) We authorize/ give consent to HFCL or its
agent, its service providers, or any third party, as HFCL may deem fit, to carry out CIBIL/other bureau
enquiries/reports, to carry out the KYC and other requisite checks, share my/our data information
(including my/our personal data), make references and carry out any other third party vendor
checks/verifications relating to information in this application form which HFCL considers necessary. (g) We
shall indemnify HFCL, its affiliates, directors, employees, representatives, agents from and against any and
all losses, damages, claims, demands, costs, expenses, or any other loss of any kind whatsoever, which
HFCL may suffer or incur as a result of any action/claim raised by any institutions or any third party for
making reference, conducting investigations and/or making disclosures in terms of the preceding clause.
(h) I/We have no objection to give the documents required as per KYC guidelines issued by RBI. (i) No
insolvency/bankruptcy/winding up proceeding or recovery suit of the outstanding dues/monies whatsoever
or for attachment of my/our assets or properties and/or criminal proceedings have been initiated and/or
pending against me/us and we have never been adjudicated insolvent by any court or authority. (j) I/We
hereby confirm that there has/was never been an award or an order or proceeding or adverse judgment or
decree in a Court case involving breach or contract, tax malfeasance or other serious misconduct which
shall adversely affect my/our ability to repay the Loan. (k) I/We have never been a defaulter with HFCL or
any bank or any other financial institution or any non-banking financial company. (l) I/We shall keep
informed HFCL, in writing, of any change in my/our contact information or residential/office
address/change in job. (m) HFCL is authorized to make enquiries with any finance
company/bank/registered credit bureau etc. for KYC information verification, credit risk analysis, or for
other related purposes that HFCL may deem fit and that my/our privilege of privacy and privity of contract
with regards the subject matter of my/our arrangement is expressly waived. I/We also confirm that HFCL
reserves the right to retain photograph(s) and document(s) submitted. (n) I/We will not hold HFCL or its
agents or representatives responsible under any circumstances whatsoever in case my application is
rejected. (o) I/We confirm having received read & understood the terms and conditions of the loan applied
for, including the terms relating to repayment, interest & other fees and unconditionally agree to
abide/perform the same & also hereby accept that the terms and conditions may be changed by HFCL at
any time. I/We also agree to abide by all the terms and conditions of all the related agreement(s). I/We also
confirm that all my questions, doubts and queries with regards This the loanis digitally
document have signed
been answered to my
satisfaction and properly explained to me/us; which fact I/We shall no question, doubt or dispute at any
SAJIN PURUSHOTHAMAN MANGALATHU
future date/event. (p) I/We confirm & agree that by signing this application form,
Wed, Nov 15, 2023 I/We
10:32:53 ISTam/are deemed to
Delhi
have accepted, read, understood and agreed to be bound by the terms (including amendments thereof)
governing the loan facility, I/We confirm and agree that I/We have no objection to HFCL sending us offers of
their products or service of its subsidiaries, affiliates or associates companies of HFCL. (q) I/We hereby
accepts, confirms and consents for the disclosure and sharing of information in relation to my Loan by
HFCL to any third party including but not limited to private entities, government or regulatory bodies or
any other body as HFCL may decide, from time to time. (r) The use of above information shall not amount
to violation of any of my/our privacy or confidentially rights or privileges. (s) I/We confirm that no
cash/blank cheque has been given by me along with this application, nor have I been promised any free
gifts/inducement to apply for this loan. (t) In addition to the above, I/We shall indemnify the HFCL to make
the loss good in the event of any loss damage that may arise on account of false/incorrect declaration by
me/us. (u) I/We acknowledges that HFCL adopts interest rate/pricing methodology based on various risks
associated with the type of Loan, cost of funds, tenure of the Loan, type & value of security, loan amount
etc. Further HFCL periodically reviews the rate of interest and product features offered by it with those
offered by its competitors. For a borrower an additional risk premium may be included in the pricing based
on the credit risk associated with the borrower which is a function of the borrower's credit history, credit
information, internal rating along with other factors like the borrower's source of income, professional
experience etc. Accordingly, the applicable rate of interest may be different for different categories of
borrowers and may differ from one loan to other loan.I/We shall utilize the loan proceeds only for the
purpose of Personal use" I am opting for group term life insurance from HDFC Life Insurance Yes No Group
Credit Life Insurance to be provided by the insurance company and Hero FinCorp Limited will only act as
group insurance manager and will have no liability for any claim under the policy The claim under the
insurance policy shall be processed as per the procedures of the Insurance Company I/We hereby
authorize Mr/Ms___________for processing this Loan Application Form with Hero FinCorp Limited on my/our
behalf and undertake to provide all papers in original required for any clarification, to HFCL.

VERNACULAR DECLARATION
The Content of the Loan Application Form has been explained by me(the witness) to the Application
in___________(name of the language in which the application has signed)and the same has been understood
by the applicant.The applicant further confirms that he/she is acceptable to receive all the future
correspondence in relation to this loan in English language.
Name of the Witness________________
Signature of the Applicant in his language Name___________ (to be written in Applicant's handwriting)
Address of the Witness________________
Signature of the Witness Name:___________ (to be written in Witness's handwriting)

Acknowledgement Receipt
Date : 2023-11-15 10:07:54.0
We acknowledge the receipt of your Loan Application Form bearing no.57044001.We will get back to you
within 14(fourteen) working days either in writing (including via email,letter or telephone) with respect to
the status of your Loan applied with Hero FinCorp Limited. This is subject to furnishing of all the necessary
documents by you, as mentioned in the Loan Application Form or communicated to you by Hero FinCorp
Limited during the loan appraisal process. Wherever any additional information/documents is required to
process the loan. All loans will be sanctioned at the sole discretion of Hero FinCorp Limited

Applicant's Name : UJJAWAL SINGH This document is digitally signed

Name of the Relationship Manager:___________________
Mobile Number of the Relationship Manager: ____________________ SAJIN PURUSHOTHAMAN MANGALATHU
Wed, Nov 15, 2023 10:32:53 IST
Delhi
Signature of the Relationship Manager: __________________________________

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

Personal Loan Agreement

BORROWER'S NAME: UJJAWAL SINGH
APPLICATION ID: 57044001
LOCATION: GHAZIABAD

This document is digitally signed

SAJIN PURUSHOTHAMAN MANGALATHU

Wed, Nov 15, 2023 10:32:53 IST
Delhi
For: Personal Loan Facility
UJJAWAL SINGH
This document is digitally signed
(Customer Name)
2023-11-15 10:07:54.0 SAJIN PURUSHOTHAMAN MANGALATHU
(Acceptance Date and Time)
Wed, Nov 15, 2023 10:32:53 IST
Delhi
 42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

PERSONAL LOAN AGREEMENT

This Personal Loan Agreement ("Agreement") is made at the place and on the day, month and year as set
out in Schedule-I hereto, by and between: The person(s) named in Schedule-I hereto as the Borrower and
Co-Borrower (hereinafter collectively referred to as the "Borrower", which expression shall, unless it be
repugnant to the subject or context thereof, include his/her heirs, nominees, legal representatives,
executors, administrators, successors and permitted assigns) of the ONE PART.
AND
Hero FinCorp Limited, a company incorporated under the provisions of the Companies Act, 1956, a Non
Banking Financial Company registered under the provisions of the Reserve Bank of India and having its
registered office at 34, Community Centre, Basant Lok, Vasant Vihar, New Delhi-110057, India, (hereinafter
referred to as "Lender" or " HFCL which expression, unless repugnant to the context, shall deemed to
include its successors and assigns) of the OTHER PART.
The Borrower and Lender are hereinafter individually referred to as Party" and jointly referred to as the
Parties.
In case of there being more than one Borrower (i.e. there being Co-Borrowers), the reference to the term
Borrower shall be deemed to be as if it were plural and this document shall be read accordingly as if made
and liabilities taken by each of them jointly and severally. Reference to the masculine gender includes
reference to the feminine and neuter genders and vice versa.

The Borrower hereby irrevocably and unconditionally agrees to abide by the following terms and
conditions:

1. Pursuant to the application made by the Borrower in the Loan Application Form (" Application"),
Lender has sanctioned a loan facility not exceeding the amount mentioned in the Schedule I ("
Loan") and the Borrower agrees to borrow the same, subject to the terms and conditions contained
in the Application sanction letter, this Agreement and all other documents executed or entered into
or to be executed or entered into by the Borrower in relation to the Loan (hereinafter collectively
referred to as " Loan Documents"). The Borrower shall deliver to the Lender a duly completed and
executed Disbursement Request Form as set out in Schedule II to this Agreement. Lender may
disburse the Loan or any part thereof (" Disbursement") at its own discretion. Borrower shall use
the Loan only for lawful purpose stated in the Application and not for any other purpose including
making investment in the capital market or any speculative or illegal or immoral or anti-social
purpose Notwithstanding anything contained herein, Lender may at its sole discretion and without
assigning any reason, suspend or cancel or terminate the Loan and recall the entire Outstanding
Dues, without prior Intimation to the Borrower
2. The Outstanding Dues shall collectively mean and include the all amounts payable by the Borrower
to the Lender pursuant to the Loan Documents including but not limited to the present and future
obligations and liabilities of the Borrower to pay repay including without limitation the principal
amount of the Loan, Interest, default interest, default charges, Indemnities, any other charges,
dues and monies payable, costs and expenses reimbursable, as outstanding from time to time and
all such expenses in respect of or incidental to the borrowing
This documentor its recovery
is digitally signed or realisation.
Borrower shall pay interest on the Loan the unpaid due Interest and all other outstanding charges
and monies at the rate of Interest specified in Schedule I SAJIN
hereto, on the outstanding
PURUSHOTHAMAN daily balance
MANGALATHU
Wed, Nov 15, 2023 10:32:53 IST
from the date of Disbursement compoundable at monthlyDelhi rests. Lender in its sole discretion would
 be entitled to change the said rate of interest (prospectively) including on account of changes made
by the Reserve Bank of India ( "RBI"), on account of changes in the lending rates, prevalent market
practice, money market changes, reserve requirements, provisioning norms, or changes in
Applicable law, which would be intimated to the Borrower and binding. Any revision in the rate of
interest shall be applicable on the Borrower prospectively from the date of communication. The
Borrower acknowledges that such revised interest shall be deemed to form part of Outstanding
Dues. Applicable rate of interest may be different for different categories of borrowers and may
differ from one loan to other loan. Borrower shall also pay and bear all interest tax, if any, as
applicable from time to time. Borrower shall repay the Loan and pay the interest that is due from
time to time by way of equated monthly installments (EMIs) as specified in the Schedule-I or as may
be specified by Landers, from time to time (time being essence of contract). Borrower has perused,
understood and agreed to Lender's method of calculating EMIs as also the appropriation thereof
into principal and interest
3. Payment of all the monies by the Borrower including EMIs shall be made on or before the
respective due dates, at such place as Lender may require, without any set-off or counterclaim or
withholding of deduction by way of one or more modes and instruments including post-dated
cheques (" PDCs ")/Standing instruction (" SI")/National Automated Clearing House (" NACH")/any
other mode/instrument as may be acceptable to Lender. If any due date falls on a non-Business
Day of Lender, payment shall be made by the Borrower on the immediately preceding business day
of Lender. It is hereby clarified that "Business Day" shall mean a day (other than Sunday, bank
holiday, public holiday) on which the branch/office of the Lenders open for normal business
transactions. In case of cheques/other instruments, the payment shall be deemed to have been
made by the Borrower only at the point of time the sum is credited and realized fully in Lender's
account irrespective of the date of instrument or time of receipt or presentation of instrument. In
case of any default by Borrower in the repayment of the Outstanding Dues, the Borrower shall
without prejudice to Lender's other rights and remedies, pay default/additional/penal interest at
the rate mentioned in the Schedule I hereto or as may be prescribed by Landers, over and above
the then applicable rate of interest till full payment is made/default is cured. The Borrower
acknowledges that any Sums, Interest, default amounts including but not limited to the Default
Interest under this Agreement are reasonable and represent a genuine pre-estimate of the loss in
the event of non-payment by the Borrower and/or non-compliance with the terms of the Loan
Documents. Further, the Borrower waives any defence available under usury or other Applicable
Laws relating to the charging of Interest/Default Interest
4. Borrower shall pay Lender the charges, fees, commissions, etc, as specified in the Schedule-
I/Application or as specified by Lender, within such time or upon occurrence of such events as
specified and if not specified then forthwith upon demanded by Lender. All other present and
future costs and expenses, taxes (as applicable), any related levy, stamp duty, in all jurisdictions, in
relation to the this/other documents/any transaction pursuant thereto, irrespective of who the
beneficiary is, shall be borne and payable solely by the Borrower, including for creation,
enforcement, preservation of security, recovery, initiating/defending/pursuing any legal
proceedings/actions by Lender. In case of any such sums if paid or incurred by Lender, the
Borrower shall be liable to reimburse the same forthwith to Lender in full.
5. Any Payment made by/on behalf/for the Borrower or any realisations in relation to the Loan,
security, shall be appropriated towards Outstanding Dues in the following order: (a) towards costs
and expenses incurred by Lender; (b) towards any charges, commissions, fees, taxes, levies
(wherever applicable); (c) towards additional/default interest; (d) towards interest; and (e) towards
principal amount(s). Any statement of account furnished by Lender shall be accepted and be
binding on Borrower and shall be conclusive proof of correctness
This documentof amounts
is digitally mentioned therein
signed
except for any manifest error therein.
6. Notwithstanding anything stated in any document, the continuation of the LoanIST
SAJIN PURUSHOTHAMAN MANGALATHU
Wed, Nov 15, 2023 10:32:53 shall be at sole and
Delhi
 absolute discretion of Lender and Lender may at any time in its sole discretion and without
assigning any reason call upon the Borrower to pay Outstanding Dues and upon such demand,
Borrower shall pay the whole of Outstanding Dues to Lender without any delay or demur.
7. Borrower's liability shall not be affected, terminated or prejudiced by death, insolvency, bankruptcy
of Borrower, but shall continue in full force, effect and shall be binding on Borrower's successors,
heirs etc.
8. Lender at its sole discretion shall have the right to (i) revise or reschedule the repayment terms; or
(ii) store financial, identity and other data/information of the Borrower; or (iii) inspect books of
accounts and other records maintained by the Borrower; or (iv) recall the entire Outstanding Dues
of the Borrower at any time.
9. The Borrower shall be entitled to prepay the Loan: (i) only if Lender permits the same upon at least
15 (fifteen) days' written notice from Borrower communicating intention to prepay the said Loan
and (ii) subject to such conditions as Lender may prescribe including payment of the prepayment
charges as mentioned in the Schedule I hereto or as specified from time to time by Lender. There
shall be no prepayment or foreclosure charges on floating rate term loans sanctioned for purposes
other than business to an individual borrower with or without co-borrower.
10. Lender may at its own discretion and upon Barrower's request, also finance the Borrower for the
insurance premium of insurance policy taken by Borrower as per Borrower's own wish from any
insurance company of Borrower's choice, which sum shall be added to the principal amount under
the Loan and all the terms and conditions shall be additionally applicable thereto. All expenses,
charges, fees, taxes etc as applicable on any such insurance shall be incurred and paid by
Borrower, however, in case paid by Lender on Borrower's behalf, Borrower shall reimburse the
same to Lender within 24 (twenty four) hours of Lender's demand. The Borrower shall instruct the
insurance company to add Lender as loss payee in any such insurance policy.
11. Disbursement under the Loan shall be subject to Borrower having been provided the following
documents as per Lender's satisfaction: (a) duly executed counterpart of this Agreement and such
other documents as per the sanction letter and/or as required by Lender including without
limitation, the Disbursement Request Form (as set out in Schedule II); (b) latest financial
statements, bank statements, ITR, KYC documents including proof of identity, proof of address,
date of birth proof of Borrower, as requested by Lender ; (c) PDC, NACH mandate forms, security
post dated cheques (SPDC), as may be required by the Lender.
12. Each of the Borrowers represent(s) and warrant(s) that (which shall be deemed to have been
repeated to Lender on the date of the Disbursement and on each date thereafter): (a) Borrower is a
citizen of India and a major (in terms of age) and is of sound mind and is competent to contract and
enter into and perform his/her obligations contemplated under this Agreement/Other Loan
Documents in respect of the Loan; (b) There is no impediment or restriction, whether under law,
judgement order, award contract or otherwise, for any of the Borrower entering into and/or
performing any of the transactions contemplated by this Agreement/other Loan Documents in
respect of the Loan and all approvals and consents, wherever necessary have been duly obtained
and are and will continue to be in full force; (c) The execution hereof constitutes legal, valid and
binding obligations of Borrower; (d) There is no event of default existing or continuing; (e) All
declarations made by Borrower are true and complete and no information has been
suppressed/withheld; (f) There are no arrears on taxes or other statutory dues and has completed
all necessary filings; (g) The "Know Your Customer" (" KYC") requirements of the lender have been
and shall be fulfilled and all other terms and conditions as maybe prescribed by RBI or by the
Lender from time to time have been and shall be complied with; (h) No suit, litigation, proceeding,
investigation, corporate action, creditor's process etc. by any government authority or any court or
tribunal or any other person is ongoing or pending orThis threatened against
document is digitally the Borrower or in
signed
respect of its assets
13. Borrower covenants and agrees that, except with prior SAJIN specific
Wed, and2023express
PURUSHOTHAMAN MANGALATHU
Nov 15, 10:32:53 ISTwritten consent of
Delhi
 Lender, Borrower shall not (a) create, assume or incur any indebtedness to any person or
lend/advance any amount to any person or undertake any guarantee/security obligation; (b) go
abroad for employment/business or long term stay; (c) change/cease/retire from/terminate/resign
from present employment/profession/business disclosed in the Application. The Borrower
undertakes that in case Borrower changes its name, address, employment, place of employment,
main bank account, nationality, citizenship etc. Borrower shall intimate the same to Lender in
writing immediately
14. If the PDC/SPDC delivered to Lender by the Borrower pursuant to this Loan or this Agreement, is
lost, destroyed or misplaced while in the custody of Lender becomes non encashable due to death,
insolvency, lunacy, expiry of validity, termination of authority, then in any of such events, the
Borrower or its heirs shall within three (3) days of intimation of the same, from Lender or
immediately on the said PDC/SPDC being non encashable due to the reasons mentioned herein or
for any other reason, deliver to Lender such numbers of PDC/SPDC as may be required by the
Lender (in place of those that have been lost, destroyed, misplaced or become non encashable).
15. The Borrower shall sign and execute all documents, applications and provide requisite information
and documents as required for affecting the transfers through NACH/SI/Direct Debit by Lender
with which the Borrower's account is maintained. The NACH/Direct Debit Mandate Form delivered
to Lender by Borrower pursuant this Loan, shall not be changed, modified, countermanded without
the prior written permission of Lender.
16. The Borrower undertakes and agrees to Indemnify, keep indemnified and hold harmless Lender, its
affiliates, representatives, agents, officers, directors, employees and assigns (each an "Indemnified
Party") from and against any and all losses, claims, actions, proceedings, demands, damages, costs
and expenses incurred including attorneys' and accountants' fees (collectively "Losses") to which
any Indemnified Party may become subject to, insofar as such Losses arise out of, in any way relate
to, or result from: (i) any information provided or approved by the Borrower being misleading or
deceptive in any respect;(ii) failure by the Borrower to comply with/fulfil any obligation,
undertaking, covenant or condition contained in this Agreement or any other Loan Documents; (iii)
Breach by the Borrower of any representation and warranty; (iv) any act or omission that
constitutes a violation of Applicable Law by the Borrower; (v) occurrence of any Event of Default or
any cause thereof; (vi) any default made by the Borrower in the repayment of the Outstanding
Dues or in the performance of its obligations in accordance with this Agreement or any other Loan
Documents; (vii) any delay in payment of any sums payable or reimbursable by the Borrower to
Lender under or pursuant to this Agreement. Further, Borrower acknowledge the inherent risks
involved in sending the instructions/communications/documents to or by Lender via facsimile,
emails or any other electronic mode and hereby agree and confirm that all risks shall be fully borne
by the Borrower and the Borrower hereby assumes full responsibility for the same, and undertakes
to indemnify Lender and keep Lender indemnified and harmless at all times from and against any
and all Losses including any claims and demands by any third party or any other actions (including
legal fees on a full indemnity basis) and howsoever arising which may be brought or preferred
against Lender or that Lender may or may have to suffer, Incur or sustain by reason or on account
of Lender having so acted whether wrongly or mistakenly or not, or of Lender failing to act wholly
or in part in accordance with the instructions so received which could be a result of any
miscommunication, or technological error beyond the control of Lender considering the mode in
which the same was conveyed.
17. The following non exhaustive events shall constitute events of default (each an "Event of Default"),
and upon the occurrence of any of them the entire Outstanding Dues shall become Immediately
due and payable by the Borrower and further enable Lender inter alia to recall the entire
Outstanding Dues and/or enforce any security and transfer/sell the same
This document and/or
is digitally signed take, initiate and
pursue any actions/proceedings as deemed necessary by Lender for recovery of the Outstanding
Dues: (a) Failure on Borrower's part to perform any of the Wed,obligations or terms
SAJIN PURUSHOTHAMAN MANGALATHU
Nov 15, 2023 10:32:53 IST or conditions or
Delhi
 covenants applicable in relation to the Loan under this Agreement/other Loan Documents; (b) non
payment in full of any part of the Outstanding Dues when due or when demanded by Lender; (c)
any misrepresentation or misstatement by the Borrower or any commencement of material
Information or document or event by the Borrower; or (d) occurrence of any circumstance or event
which adversely affects Borrower's ability/capacity to pay/repay the Outstanding Dues or any part
thereof or perform any of the obligations; (e) if any attachment distress, execution or other process
against the Borrower/its assets; or (f) In the event of death, unsound mind, Insolvency, failure in
business, commission of an act of bankruptcy of the Borrower, or change or termination of
employment/profession/business for any reason whatsoever; or (g) Submission of any forged
document by the Borrower; or (h) for any regulatory or other reasons, Lender is unable or unwilling
to continue the Loan; or (i) any event or circumstance arises which has or, in the reasonable
opinion of Lender, may cause material adverse change; or (j) if the Borrower is convicted under any
applicable law; or (k) any instruction is given by the Borrower for stop payment with respect to any
of the repayment cheques and/or payment through NACH/Direct Debit for any reason whatsoever;
or (l) any proceeding or imminent threat of proceeding initiated against the Borrower, by any party
under laws of insolvency (m) if the Borrower opts to discontinue his/her profession or close down
his/their business/trade for any reason whatsoever, (n) if the Loan or any part thereof is utilized for
any purpose other than the purpose for which it is sanctioned by Lender; (o) If the Borrower fails to
give NACH/I/PDC's or submit additional documents to Lender as provided herein; (p) any other
event which in the sole opinion of Lender would endanger the repayment of the Loan;(q) if the
Borrower acts fraudulently or dishonestly.
18. Without prejudice to the rights available to Lender under applicable law, on the occurrence of an
event of Default, Lender shall be entitled to exercise any of the following rights (whether
simultaneously or otherwise), at its sole discretion:(i) declare Outstanding Dues immediately and
payable; (ii) declare all undrawn amount of the Loan as cancelled forthwith; (iii) stipulate such other
conditions of terms in relation to this Agreement or Loan Documents, as Lender considers
necessary; (iv) initiate appropriate civil or criminal proceedings against the Borrower, including but
not limited to under Section 138 of the negotiable Instrument Act, 1881 (v) enforce Lender's rights
under this Agreement/any other Loan Document/applicable law.
19. For all or any of the aforesaid purposes, on the occurrence of an Event of Default, the Borrower
hereby irrevocably appoints Lender as its attorney or attorneys, and in the name and on behalf of
the Borrower, to execute and do all acts, deeds and things which the Borrower is authorized to
execute and do under the covenants and provisions herein contained and generally to use the
name of the Borrower in the exercise of all or any of the powers under this Agreement and the
Loan Documents or by law conferred upon Lender and also to execute on behalf of the Borrower
at the cost of the Borrower, the powers hereunder or by law conferred on Lender and also to
execute on behalf of the Borrower at the cost of the Borrower, such documents and deeds as may
be necessary to give effect to the provisions referred to hereinabove. The Borrower covenants with
Lender to ratify and confirm all acts or things made, done or executed by any attorney as
contemplated in this clause.
20. Lender shall at any time, without any consent of or notice to the Borrower be entitled to securitise,
sell, assign, or transfer all or any part of Lender's rights and obligations under the Loan, this
Agreement or any other Loan Document, to any persons(s) and in such manner and on such terms
as Lender may decide. The Borrower shall not be entitled to directly or indirectly assign or in any
manner transfer, whether in whole or part, any rights, the benefit or obligation under the Loan, this
Agreement/other Loan Document without prior written consent of Lender.
21. Lender shall be entitled at its discretion to engage/avail of, at the risk and cost of Borrower,
services of any personal/third party service provider/agent/agency,
This document is for anything
digitally signed required for/in
relation to/ pursuant to the Loan, including collections, recovery of Outstanding Dues, enforcement
of security, conducting credit in investigation of the Borrower, getting
15, 2023or verifying
SAJIN PURUSHOTHAMAN MANGALATHU
Wed, Nov 10:32:53 IST any information
Delhi
 of Borrowers/asset analyzing the bank statement of the Borrower, and any necessary or incidental
lawful acts/deeds/matters/things connected.
22. Lender shall, without notice to or without any consent of the Borrower, be absolutely entitled and
have full unqualified right power and authority to make disclosure of any information relating to
Borrower (including personal sensitive data or information and any information that requires
consent under the Information Technology Act, 2008 and/or any other statute), details in relation to
this Agreement, Loan Documents, Loan, defaults, security, obligations of Borrower, to the
Transunion CIBIL Limited ("CIBIL") and/or any other government/regulatory/statutory of private
agency/entity, credit bureau, RBI, Lender's other branches/subsidiaries/affiliates/rating agencies,
service providers other banks/institutions, and third parties, any assignees/potential assignees or
transfers. In this connection the Borrower waives the privilege of privacy and privity of contract.
Lender shall have the right, without notice to or without any consent of the Borrower, to approach,
make enquiries, obtain information, from any person including other banks/finance entities/credit
bureaus, Borrower's employer/family members, any other person related to the Borrower to
obtain any Information for assessing track record, credit risk, or for establishing contact with the
Borrower or for the purpose of recovery of Outstanding Dues from the Borrower. CIBIL and/or any
other agency so authorized may use and/or process the aforesaid information and data disclosed
by the Lender in any manner as deemed fit by them. CIBIL and/or any other agency so authorized
may furnish for consideration, the processed information and data or products thereof prepared
by them, to Lender/Financial institutions and other credit grantors other registered users, as may
be specified by RBI in this behalf. RBI and/or CIBIL shall have an unqualified right to
disclose/publish the details of default and name of the Borrower, its directors, partners, as the case
may be, as defaulters, in such manner and through such medium as RBI/CIBIL in their absolute
discretion may think fit.
23. Lender may set off any matured Outstanding Dues due from the Borrower under this Agreement
(to the extent beneficially owned by Lender) against any matured obligation owed by Lender to that
Borrower.
24. All amounts payable by Borrower shall be paid on or before the relevant due date(s) as mentioned
in Schedule I for such payment without any delay or demur and without any deduction whatsoever
by way of Set off or counterclaim or otherwise of any amount due or alleged to be due or
outstanding from Lender or any other Person and notwithstanding any legal limitation, disability or
incapacity of the Borrower
25. Any default by the Borrower under any agreement, arrangement, guarantee, and /or under any of
its indebtedness (whether actual or contingent or whether primary or collateral, or whether joint
and/or several), with Lender or its holdings/subsidiaries/affiliates/group companies, shall constitute
an Event of Default under the Loan and vise-versa.
26. The Borrower hereby provide consent to Lender to carry out the KYC and other requisite checks by
such processes as may be permissible under Applicable Law including authentication/verification of
documents or details submitted for KYC purpose, accessing and procuring data from databases
maintained by statutory or other government authority. The Borrower expressly authorize/ consent
to Lender, its various service providers or agents, including for marketing, collection and recovery
agents to contact the Borrower telephonically, through e-mails telephones, messages, SMS
Whatsapp or other applications or otherwise even if the names of the Borrower appear in the Do
Not Call or Do Not Disturb Register to inform the Borrower about the marketing schemes, various
financial and/or investment products and/or offerings of other services, Outstanding Dues under
the Loan Documents or any other aspect pertaining to any loan facilities availed or to be availed by
the Borrower. The Borrower also expressly declare that such e-mails, telephonic calls, messages,
SMS, Whatsapp messages etc. from the tele-callers, agents Thisand/or
documentservice
is digitallyprovider
signed of Lender and
its associates, affiliates and/or group companies will not cause any inconvenience to them and/or
their family members. The Borrower expressly and irrevocably
Wed, Novconsent that for
SAJIN PURUSHOTHAMAN MANGALATHU
15, 2023 10:32:53 ISTany claim against
Delhi
 the service providers, Lender shall not be liable and the claim of the Borrower on this account shall
be against the service provide and/or tele-callers. The Borrower agree to the use of emails,
messages, SMS, Whatsapp and/or other applications for Communication or sharing of information
or document, agree to abide by the and conditions of such applications and agree to the associated
with such applications or sharing of information through them.
27. This Agreement, Loan Documents, all obligations arising out of or in connection with them, shall be
governed by and shall be construed in accordance with the laws of India. Subject to clause 28
below, the Parties hereto agree that all disputes arising out of and/or relating to the Loan, this
Agreement or 27. 28. 29. 30. 31. 32. 33. 34. 35. 36. 37. 38. 39. 40. 41. 42. any other Loan Document
shall be subject to the exclusive jurisdiction of the courts at New Delhi only. Notwithstanding the
aforesaid, the Borrower acknowledges and agrees that Lender may, however, in its absolute
discretion commence any legal action or proceedings arising out of this Agreement or any other
Loan Document against the Borrower in a court tribunal or any other appropriate forum situated in
any part of India.
28. All disputes, claims, controversy or difference or questions between Parties arising out of or
relating to the Loan, this Agreement, other Loan Documents shall be referred to arbitration by a
sole arbitrator to be appointed by Lender only. The arbitration proceedings shall be conducted in
accordance with the Arbitration and Conciliation Act, 1996, including the statutory amendments.
The venue, place and seat of arbitration shall be New Delhi and the language of the arbitration
shall be English. The award including interim award(s) for the arbitral tribunal shall be final,
conclusive and binding on all the parties concerned. The arbitral tribunal may, from time to time,
lay down the procedure to be followed in conducting the arbitration proceedings and shall conduct
the arbitration proceedings in such manner as it considers appropriate.
29. Interest, taxes, other fees, Stamp duties, processing fees, upfront fees, NOC fees, prepayment
charges, insurance charges, enforcement expenses, assignment cost, legal expenses and other
charges, as may be applicable from time to time on the Loan shall be borne solely by the Borrower.
Such amounts shall from part of the Outstanding Dues. Lender may at any time and from time to
time without prior notice to the Borrower, add to, withdraw or otherwise vary the fees and charges
payable in connection with the loan. Any changes in the charges shall be effected only
prospectively.
30. All payments to be made by the Borrower to the Lender under the Loan Documents shall be made
free and clear of taxes and without any tax deduction, unless a tax deduction required under the
applicable Law.
31. Lender reserves the right to alter, amend or revise any of these terms and conditions and may
notify the Borrower of any changes to terms and conditions in any manner it consider appropriate.
32. The Parties agree that damages may not be an adequate remedy and Lender shall be entitled to an
injunction, restraining order, right for recovery, specific performance or such other equitable relief
to restrain the Borrower from committing any violations or enforce the performance of the
covenants, Warranties or obligations contained in this Agreement. The Parties agree that any delay
or omission by Lender in exercising any of its rights, powers or remedies under this Agreement and
other documents pursuant hereto shall not impair the right, power or remedy or be construed as
its waiver or acquiescence by Lender.
33. Each of the provisions of this Agreement are intended to be and shall be construed as independent
and several of each other. Invalidity, illegality or unenforceability of any provision (in whole or part)
of the terms and conditions of this Agreement in any jurisdiction shall not affect such provision in
any other jurisdiction or invalidate or affect the remaining provision (including in Case of partial
invalidity, the valid part of the affected provision) of this Agreement. Lender's remedies under this
Agreement or applicable law including termination ofThis this Agreement
document shall be several and
is digitally signed
cumulative and not in the alternative.
34. Any notice, demand, request or other communication to SAJIN be given
Wed, Nov 15,or made
2023 by IST
PURUSHOTHAMAN MANGALATHU
10:32:53 a Party to the other
Delhi
 shall be in writing unless otherwise stated and shall be deemed to duly given and served if send by
personal delivery, courier, speed post, registered post, email, facsimile at the address as
mentioned in Schedule 1. Such notice and service shall be deemed to take effect on the third
business day following the date of posting thereof in case of courier, speed post, registered post; at
the time of delivery, if given by personal delivery; upon receipt of transmission report if given by
facsimile; upon sending the email if given by email. The Borrower undertakes to keep Lender
informed at all the times in writing of any changes in the residential/official address, email Id,
phone number, mobile number, fax.
35. As regards the Borrower, this Agreement shall be in full force and effect and shall not be
terminated, in any situation except with the written consent of Lender to the effect that the entire
Outstanding Dues under this Agreement have been paid in full by the Borrower.
36. In the event any changes are required to be made in any of the Loan Documents based on
guidelines/ directives issued by the RBI to non-banking financial companies from time to time, such
changes shall be deemed to be incorporated in the Loan Documents as if the same were part of
the documents since inception and thereafter such amended terms and conditions will thereupon
apply to and be binding on the Borrower. Without prejudice to the aforesaid, Lender may in its sole
discretion as the Borrower to co-operate with the Lender to make these changes in the Loan
Documents and the Borrower shall be bound by the same.
37. Notwithstanding any suspension or termination of the Loan, all rights and remedies of the Lender
as per the Loan Documents shall continue to survive until the receipt by the Lender of the
Outstanding Dues in full to its satisfaction.
38. This Agreement, Sanction Letter, Application and other Loan Documents have been exposed to the
Borrower in their respective vernacular language known to the Borrower and the Borrower has
read and understood the same and thereafter Schedule(s) to this Agreement were duly filled in and
understood by the Borrower and the signatures of the Borrower were taken on this Agreement.
39. The Application, Sanction Letter, Schedule hereto and any amendments thereof shall be deemed to
be an integral part of this Agreement as if the provisions thereof were set out herein in extension.
40. The terms of the Sanction Letter are in addition to this Agreement. If there is any inconsistency
between the Sanction letter and this Agreement, then the latter shall prevail.
41. The Borrower further agrees that this Agreement may be executed physically or electronically by
Parties, as deemed appropriate to Lender.
42. This Agreement may to executed in any number of counterparts by either handwritten or
electronic signature, each of which when executed shall constitute a original, but all the
counterparts shall together constitute the one agreement, and each of which counterparts may be
delivered by emailing the signed scanned document or electronically signed portable document
format (pdf) version of this Agreement (as applicable). The Borrower agrees to the execution of this
Agreement in this manner, and the Borrower acknowledges that execution in this manner creates a
binding contract between the Parties. Further, upon the request of the Borrower, this Agreement
may be executed in a vernacular language; however, the English version of this Agreement shall
prevail. In addition, the Obligors agree that the details required for the purposes of this Agreement
, which are unavailable or note of this Agreement, shall be deemed incorporated and considered as
a part of this Agreement, as and when such details and information are made available. The
Borrower has read, understood, agrees and accept all the above terms and conditions of this
Agreement, from Clause no 1 to 42 on page nos. ____to____. The Agreement has been explained to
the Borrower in vernacular language and Borrower has understood the entire meaning and also
the Borrower has been served a copy after execution.

This document is digitally signed

IN WITNESS WHEREOF, the Parties, have duly executed this Agreement, as of the day, month and year
SAJIN PURUSHOTHAMAN MANGALATHU
first aforesaid Wed, Nov 15, 2023 10:32:53 IST
Delhi
 SIGNED AND DELIVERED SIGNED AND DELIVERED within SIGNED AND DELIVERED by Hero
within named Borrower named Co-Borrower FinCorp Limited
UJJAWAL SINGH _________________________ ______________________
Name: Name: Name: Designation:

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

CHEQUE SUBMISSION FORM

Important Instructions:

• Cheque Should be crossed as "Account Payee Only"

• The Cheque should be drawn in favour of " Hero FinCorp Limited " only
• HFCL does not take responsibility for cheques left blank or drawn in favour of any name other
than "HERO FINCORP LIMITED"
• Please ensure that amount in words and figure are the same without any correction/alteration
• Installment/EMI cheques to be dated as per your Repayment Schedule

Customer Details
Name of the Borrower : _____________________
Application No : _____________________
LAN No.: _______________________________________

CHEQUE DETAILS

Cheque Date of Name of

Sr No. of A/C Type Account Purpose
Numbers Cheque Bank &
No Cheques (Savings/Current) No. (EMI/PEMI/SPDC)
Ranging Ranging Branch

I/We declare that I/We have not given any cheques other than the ones mentioned above and all cheques
are drawn in favour of "Hero FinCorp Limited",
Thanking you
Yours faithfully
Name of the Borrower __________________ This document is digitally signed

Signature of Borrower ____________________

SAJIN PURUSHOTHAMAN MANGALATHU
Name of the Co-Borrower ____________________ Wed, Nov 15, 2023 10:32:53 IST
Delhi
Signature of Co-Borrower ____________________
Account Holder Name ________________
Account Holder Signature ____________________
Place:_________________
Date: _____________________
Received By: Sales representative's name & signature with date: _____________________________

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

SCHEDULE I
[This Schedule forms an integral part of the Personal Loan Agreement]

Particulars
Date & Place of Execution 2023-11-15 10:07:54.0, New Delhi
Registered Office: 34, Community Centre, Basant
Address of Lender
Lok Vasant Vihar New Delhi-110057
Borrower's Details
a) Name: UJJAWAL SINGH
b) Father / Husband's Name: Mr Shatrudhan Singh
c) Mother's Name:
842, SHANTI KUNJ KHARA KUAN ARTHALA
d) Address:
GHAZIABAD
e) Occupation: Self Employed/ Business
f) Email: [email protected]
g) Phone Number: 9654495336
h) PAN: LVHPS1314J
4. Co-Borrower's Details:
a) Name:
b) Father's/Husband's Name:
c) Mother's Name:
d) Address:
e) Occupation:
f) Email:
g) Phone Number:
h) PAN: This document is digitally signed
5. Loan Details:
a) Loan Application Form Date & No.: 2023-11-15 10:07:54.0,
SAJIN 57044001
PURUSHOTHAMAN MANGALATHU
Wed, Nov 15, 2023 10:32:53 IST
Delhi
 b) Loan Account Number: 57044001
c) Sanction Letter Date with Reference No. 2023-11-15 10:07:54.0, 57044001
d) Sanction Loan Amount: 75000
e) Loan Type Personal Loan
f) Purpose of Loan Personal use
g) Tenure 12
h) Moratorium Period(if any)
6. Interest Details
a) Annualised ROI 35.892
b) Rate of Interest 34 % per annum
c) Interest Type Reducing
d) Lender Prime Lending Rate
7. Repayment Details
a) EMI Amount 7460
b) Mode of Repayment NACH Mandate or through Paytm APP
c) Total No. of EMIs 12
If loan disbursement date is <=15th then 5th of
d) Date of Commencement of First EMI
next month else 5th of next to next month
e) Due date of each of the EMI 5th of every month
8. Other Details
a) Processing Fees 4867
4.72% of POS (Foreclosure of the loan shall be
allowed only on or after the first EMI due date. At
b) Prepayment/Foreclosure the time of loan foreclosure, total due amount
including EMI and foreclosure charges shall have to
be paid by the customer.)
c) Default Charges NA
Rs. 200, 3% p.m. of overdue EMI (36% p.a. of
d) Cheque/NACH Bounce, LPP
overdue EMI)
e) Cheque Swap Charges NA
f) Advance EMI NA
g) Documentation Charges NA
h) Legal & Incidental Charges NA
i) Insurance Premium (if applicable) NA
j) Other Charges NA
GST and all other applicable taxes statutory levies, if any will be charged additionally
Classification & Upgradation of Special mention
accounts (SMA)/ Non-Performing Asset (NPA): If Basis of Classification:
Principal or interest or any other amount remain SMA Sub-Categories : Principal or Interest wholly or
overdue (wholly or partly) then borrower loan partly overdue
account shall reflect the asset classification
(SMA/NPA) status of an account at the day-end of SMA-0 : Upto 30 days
that calendar date. Loan accounts classified as SMA-1 : More than 30 days and upto 60 days
NPAs may be upgraded as '91Standard'92 asset SMA-2 : More than 60 days and upto 90 days
only if entire arrears of interest and principal are NPA : More than 90 days
paid by the borrower.
This document is digitally signed

Signature of Borrower ________________________________ SAJIN PURUSHOTHAMAN MANGALATHU

Wed, Nov 15, 2023 10:32:53 IST
Delhi
Signature of Co-Borrower __________________________________

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

SCHEDULE II
Disbursement Request Form

Date:2023-11-15 10:07:54.0

To,
Hero FinCorp Limited
34,Community Center,
Basant Lok,Vasant Vihar,
New Delhi-110057

Dear Sir,
I/We have been sanctioned a personal Loan of Rs.75000" by Hero FinCorp Limited("Lender").I/We wish to
take the disbursement of my loan and request you to disburse the following amount by a Demand
Draft/Cheque/Electronic transfer to the following.

Amount to be
Account Holder Account Bank Number
Sr.No. IFSC Code disbursed (In
Name Number & Branch
INR)
Rs. 69858. The
final
disbursement
amount may
UJJAWAL
919654495336 PYTM0123456 change on the
SINGH
basis of broken
period interest
accrued on the
disbursal date.

I/We hereby confirm/declare that:

(a) INR __________ of the aggregate Loan amount has already beenThis
disbursed
document to us. signed
is digitally
(b) All the representations and Warranties contained in the personal Loan Agreement are true and correct
on the date hereof as if each was made with respect to the facts existing on2023
Wed, Nov 15, such date; IST
SAJIN PURUSHOTHAMAN MANGALATHU
10:32:53
Delhi
(c) No Event of Default or potential Event of Default has occurred or is continuing and further, no such
event has happened which would result in a material adverse effect;
(d) All the necessary certificates and documentation required by Lender is attached herewith or has
already been made available to Lender.
(e) The Proceeds of the proposed disbursement shall be used for the purposes as stated in the Personal
Loan Agreement;
(f) This disbursement shall be subject to credit limit fixed by Lender from time to time and we shall not
protest the decision of Lender in this regard;
(g) We agree and undertake to repay the disbursed amount of the loan facility as per the repayment
schedule and in accordance with the Personal Loan Agreement and further agree and acknowledge that
Lender shall be entitled to demand immediate repayment of the disbursed amount if any installment of
interest/principal installment remain unpaid on the due date for payment thereof;
(h) This Disbursement Request Form is irrevocable.

Name Signature
Borrower UJJAWAL SINGH
Co-Borrower

ACKNOWLEDGEMENT
I/We, ______________ S/o / D/o / W/o ___________________ R/o __________________have received the copy of all the
Loan Documents including Sanction Letter Personal Loan Agreement dated ____________ along with its
Schedules attached there to. I/We also hereby confirm that the contents of the copy of Loan Documents
have been explained to me in the language understandable by me/us. I/We have understood the meaning
of all the provisions/contents of the Loan Documents and have voluntarily executed the said Loan
Documents upon understanding the content therein.
Signature of Borrower_______________________

Signature of Co-Borrower________________________________

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

BORROWER'92S DECLARATION UNDER ESG FRAMEWORK

Date: 2023-11-15 10:07:54.0
To,
Hero FinCorp Limited This document is digitally signed

34, Community Centre,

SAJIN PURUSHOTHAMAN MANGALATHU
Basant Lok, Vasant Vihar, Wed, Nov 15, 2023 10:32:53 IST
Delhi
New Delhi-110057
Name of the Borrower: UJJAWAL SINGH
Purpose for which loan is taken: Personal use
Dear Sir,
UJJAWAL SINGH has applied / received a loan of Rs. 75000 from Hero FinCorp Limited (hereinafter referred
to as '93Lender'94) on 2023-11-15 10:07:54.0
I/We declare that utilization of the loan received from the lender, for the said purpose, Personal use will be
in compliance with the applicable State and National level Environmental, Social and Governance (ESG)
Regulations.
I/ we will also ensure compliance with any amendments in the existing ESG regulations during the lending
period.
Name of the Borrower: UJJAWAL SINGH

Signature:_______________________

Name of the authorized Signatory:________________________________

*Please read the contents of the Declaration carefully before signing
For: Personal Loan Facility
UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

Hero FinCorp Limited

CIN: U74899DL1991PLC046774

Registered Office: 34, Community Centre,

Basant Lok
Vasant Vihar New Delhi-110057

Email: [email protected] Phone:

1800-102-4145

Website: www.herofincorp.com

SANCTION LETTER
Ref No.: 57044001 Date: 2023-11-15 10:07:54.0

To,
Borrower'92s Name: UJJAWAL SINGH
Address:842, SHANTI KUNJ KHARA KUAN ARTHALA GHAZIABAD GHAZIABAD UP 201007
Email Id: [email protected] This document is digitally signed
Subject: Your Loan Application Form dated 2023-11-15 10:07:54.0 ('93Application'94)
Dear Sir/ Madam, SAJIN PURUSHOTHAMAN MANGALATHU
Wed, Nov 15, 2023 10:32:53 IST
Delhi
Hero FinCorp Limited ('93HFCL'94) is pleased to inform you that basis the Application submitted by you,
HFCL approved your Personal Loan as per below mentioned terms and conditions:
S. No. Particulars Description
1. Nature of Loan Personal Loan
2. Name of the Borrower UJJAWAL SINGH
3. Name of the Co-Borrower (if applicable)
4. Name of the Guarantor (if applicable)
INR 75000 /-
5. Sanctioned Loan Amount Indian Rupees (in words)Seventy Five
Thousand only
6. Purpose of Loan Personal use
7. Term 12 months
8. Rate of Interest
i. Annualised ROI 35.892
ii. Interest Rate 34 % p.a.
iii. Interest Type Reducing
9. Repayment Schedule
i. Repayment Mode NACH Mandate or through Paytm APP
INR 7460
ii. Equated Monthly Installment (EMI) Amount Indian Rupees Seven Thousand Four
Hundred Sixty only
iii. Total No. of EMIs 12
If loan disbursement date is <=15th then 5th
iv. Date of Commencement of First EMI
of next month else 5th of next to next month
v. Due date of each of the EMI 5th of every month
vi. Repayment Account No. and Bank Name 919654495336, PAYTM PAYMENTS BANK LTD
10. Charges
i. Processing Fees 4867
ii. Transaction Charges NA
iii. Default Charges NA
Rs. 200, 3% p.m. of overdue EMI (36% p.a.
iv. Cheque/NACH Bounce, LPP
of overdue EMI)
v. Cheque Swap Charges NA
vi. Retrieval of Loan Documents NA
4.72% of POS (Foreclosure of the loan shall be
allowed only on or after the first EMI due
date. At the time of loan foreclosure, total
vii. Prepayment/Foreclosure Charges
due amount including EMI and foreclosure
charges shall have to be paid by the
customer.)
viii. Legal and Incidental Charges NA
ix. Loan Cancellation Charges 0
x. Taxes and Other Levies NA
11. Other Conditions, if any NA
30 (thirty) days from the date of Sanction
12. Validity of the Sanction Letter
Letter
This document is digitally signed

SAJIN PURUSHOTHAMAN MANGALATHU

Wed, Nov 15, 2023 10:32:53 IST
Instl. No. Opening Instl. Instl. Delhi Instl. Balance
 Principal Amount Principal Interest Principal
1 75000.0 7460 6043 1417 68957.0
2 68957.0 7460 5506 1954 63451.0
3 63451.0 7460 5662 1798 57789.0
4 57789.0 7460 5822 1638 51967.0
5 51967.0 7460 5987 1473 45980.0
6 45980.0 7460 6157 1303 39823.0
7 39823.0 7460 6331 1129 33492.0
8 33492.0 7460 6511 949 26981.0
9 26981.0 7460 6695 765 20286.0
10 20286.0 7460 6885 575 13401.0
11 13401.0 7460 7080 380 6321.0
12 6321.0 6501 6321 180 0.0

*The Repayment Schedule will be amended depending upon the actual date of Disbursement and as
communicated by the Lender to the Borrower, from time to time.

**For loan disbursed till 15th of the month, EMI would be presented on 05th of the subsequent month.
Thereafter, for loan disbursed from the 16th of the month till 15th of next month, EMI would be presented
on 5th of next to next month.

*** Repayment Schedule will be shared separately after Loan Disbursement.

GENERAL TERMS AND CONDITIONS

1. The sanction of the abovementioned Personal Loan and all the terms and conditions mentioned in
this Sanction Letter are subject to the execution of a Personal Loan Agreement and other
documents in writing ('93Loan Documents'94) as HFCL may specify in the prescribed formats. This
Sanction Letter forms an integral part of the Personal Loan Agreement. This Sanction Letter intends
to summarize certain basic terms of the Loan and the Loan Documents and does not reflect an
agreement between HFCL and the Borrower in relation to the Loan.
2. The 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.
3. All the Charges including processing fees, legal, incidental expenses, inspection, legal search,
insurance expenses, stamp duty, Taxes and out of pocket expenses in connection with the
proposed Loan shall be borne by the Borrower.
4. Notwithstanding anything contained in this Sanction Letter or otherwise, the sanction of the Loan
mentioned overleaf is at the sole discretion of HFCL and the terms and conditions in relation to the
Loan are subject to modification and / or cancellation and / or repayment to HFCL, at the sole
discretion of HFCL, on demand without assigning any reasons for the same.
5. The Sanction of the Loan is subject to the Borrower having provided all such information and
documents to HFCL as set may be required by HFCL from time to time or as may be required under
the Loan Documents.
HFCL, at its sole discretion, shall be entitled to revoke this sanction upon occurrence of any of the
following events:
1.There is any material change in the purpose(s) for which the Loan has been sanctioned.
This document is digitally signed

2.In the sole judgment of HFCL, any material facts have

SAJIN been concealedMANGALATHU
PURUSHOTHAMAN and / or become
subsequently known. Wed,
Delhi
Nov 15, 2023 10:32:53 IST
 3.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.

4.There is a default or a breach of the terms and conditions of this Sanction Letter, the Loan
Documents or any other loan offered by HFCL or its group company to the Borrower/Co-Borrower.

5.If there is any bankruptcy or insolvency proceeding against the Borrower.

6.Relevant documents are not executed by the Borrower as per HFCL'92s policy and format.
6. HFCL reserves the right, at its sole discretion and without assigning any reason and with such
notice as HFCL may deem reasonable to the borrower, to modify, vary, delete or add to the terms
and conditions, or to terminate the said Loan and Loan Documents, at any time, and to recall the
entire Outstanding Dues under the Loan. All amounts due in respect of the said Loan shall become
payable forthwith on such demand.
7. HFCL adopts interest rate/ pricing methodology based on various risks associated with the type of
Loan, cost of funds, tenor of the loan, type & value of Security, Loan amount etc. Further, HFCL
periodically reviews the rate of interest and product features offered by it with those offered by its
competitors. For a Borrower, an additional risk premium may be included in the pricing based on
the credit risk associated with the Borrower which is a function of the Borrower'92s credit history,
credit information, internal rating along with other factors like the Borrower'92s source of income,
professional experience etc. Accordingly, the applicable rate of interest may be different for
different categories of borrowers and may differ from one loan to other loan.
8. PEMI amount, if applicable shall be at the rate at which the EMI has been calculated, may be
charged, at the sole discretion of HFCL, from the date of loan booking/disbursement till the date of
commencement of first EMI.
9. The Borrower shall obtain and keep valid all approvals required in connection with the Loan.
10. The Borrower hereby accepts that, there may be a time lag between disbursement of the Loan and
the payment being received by them. The Borrower further agree & undertake that they will pay
the interest and charges as set out in the Loan Documents on the disbursed Loan Amount for such
period & the Borrower will not claim for any type of refund.
11. The Processing Fees is a non refundable fee and is collected by HFCL for the purpose of appraising
the Loan Application form for the Loan and the same is independent of the outcome/result of such
appraisal.
12. The Borrower shall immediately intimate HFCL in the event of any change in the repayment
capacity of the Borrower, loss / change of job / profession, etc. and also any change in any
information stated in the application or under any Loan Documents.
13. No amount under the Loan shall be disbursed until and unless the Borrower has executed the
required agreements, documents and writings and performed such other acts and deeds as HFCL
may require.
14. The Loan sanctioned to the Borrower shall be subject to HFCL'92s rules as well as the directives
issued by Reserve Bank of India, from time to time.
15. HFCL may at its sole discretion disclose information regarding the Loan, Loan Documents or the
Borrower, its Guarantors etc. to any Person including government authority, RBI, CIBIL or any third
party etc.
16. HFCL may in its sole discretion on such terms as to pre-payment charges, etc. as it may prescribe,
permit, prepayment / acceleration in the payment of EMIs at the request of Borrower, provided
that HFCL may, in permitting such prepayment, also specify fromis time
This document digitallyto time, the minimum
signed
amount of prepayment / amounts payable on account of acceleration of EMI. In the event HFCL
permits any prepayment / acceleration, the repayment schedule for2023
the10:32:53
Loan IST
SAJIN PURUSHOTHAMAN MANGALATHU
Wed, Nov 15, shall be amended /
Delhi
 altered by HFCL for giving effect to such prepayment/ acceleration, and such amended / altered
repayment schedules shall be binding upon the borrower. In case any amount is prepaid by the
Borrower, the same shall be adjusted first towards, incidental charges, additional interest, PEMI
Interest, outstanding EMIs, EMI of the current month and balance towards the principal dues.
17. TDS Deduction '96 Gross Interest would be paid on the Loan to HFCL. Borrower shall provide a TDS
certificate on a quarterly basis to HFCL and only upon receipt of such TDS certificate shall HFCL be
required to refund any TDS amounts to the Borrower within 10 (ten) Business Days. In the event
the Borrower is paying the net amount, an undertaking, to the effect that the Borrower will provide
TDS certificates to HFCL on a quarterly basis, shall be provided by the Borrower. However, in event
a TDS certificate not been provided within agreed time frame of 3 (three) months, HFCL reserves
the right to debit the amount to Borrower'92s Loan account and same shall stand as outstanding
and recoverable along with Default Interest (where applicable).
18. Notwithstanding the issuance of this Sanction Letter and the acceptance thereof, HFCL may decide
to not disburse the Loan, repudiate and rescind this Sanction Letter unilaterally without assigning
any reasons.
19. This Sanction Letter is confidential and the property of HFCL and neither this document nor the
contents hereof shall be communicated to or used without the HFCL'92s prior written consent.
20. This sanction is available to the Borrower for the period specified in the letter (which period shall
not exceed 30 (thirty) days from the date of the Sanction Letter) provided the Borrower deposits
with HFCL the processing fees mentioned overleaf along with a copy on this Sanction Letter
accepted and delivered by the Borrower to HFCL.
21. This Sanction Letter shall be governed by the laws of India and the Borrower and the Lender shall
be subject to the exclusive jurisdiction of New Delhi. Notwithstanding the aforesaid, the Borrower
acknowledges and agrees that HFCL may, however, in its absolute discretion commence any legal
action or proceedings arising out of this Sanction Letter and Loan Agreement against the Borrower
in a court, tribunal or any other appropriate forum situated in any part of India.
22. "Repayment Schedule/Amortization Schedule'94 shall mean the schedule for payment of
interest and repayment of the principal component of the Facility by the Borrower to the Lender
and attached as Schedule/Annexure hereto, as amended depending upon the actual date of
Disbursement and communicated by the Lender to the Borrower, from time to time.

If the terms of this Sanction Letter are acceptable to you, you may sign the duplicate copy of this Sanction
Letter as a token of your acceptance and return it to the above-mentioned address.
Thanking you,
For Hero FinCorp Limited

Authorized Signatory
Name:
Designation:
Employee Code:

Read, understood, agreed and accepted by the Borrower & Co-Borrower

I/We confirm that I/we understand and accept the terms and conditions of the Sanction Letter, as laid
out in English/ have been explained to me in a vernacular language of my/our understanding and I/we
accept the Loan on the terms set above. I/We authorize HFCL to collect information about me/us as may
be required for evaluating the proposed financing Loan, including without limitation, gathering
information from credit bureaus like CIBIL. I/We also authorize HFCL to share my information, and my
This document is digitally signed

personal data at any point of time, with credit bureaus, statutorySAJIN

agency or any third party as HFCL may
PURUSHOTHAMAN MANGALATHU
deem fit. Wed, Nov 15, 2023 10:32:53 IST
Delhi
 ________________________________ ________________________________
(Signature of the Borrower) (Signature of the Co-Borrower)

For: Personal Loan Facility

UJJAWAL SINGH
(Customer Name)
2023-11-15 10:07:54.0
(Acceptance Date and Time)
42.111.120.89
(Customer IP)
28.673258 77.392028
(Customer Lat/Long)

This document is digitally signed

SAJIN PURUSHOTHAMAN MANGALATHU

Wed, Nov 15, 2023 10:32:53 IST
Delhi
 Hero FinCorp Limited
CIN: U74899DL1991PLC046774

Registered Office: 34, Community Centre,

Basant Lok
Vasant Vihar New Delhi-110057

Email: [email protected] Phone:

1800-102-4145

Website: www.herofincorp.com

Key Facts Statement (KFS)

Date of 2023-11-15 UJJAWAL

Applicant Name
execution 10:07:54.0 Lender’s Name: Hero SINGH
FinCorp Limited Applicable Loan Personal
Application ID 57044001
Type Loan

Sr.
Parameter Details
No.
75000 /-
(i) Loan amount (in Rupees)
Seventy Five Thousand
Total interest charge during the entire tenor
(ii)(a) 14520
of the loan (in Rupees) (rounded off)
BPI (Broken Period Interest) if any
(b) 0
(in Rupees)
Other up-front charges (break-up of each
(iii) component to be given below) (in Rupees) 5142
(this includes BPI, if any)
(a) Processing fee (Value) (INR) 4867
(b) Insurance charges (in Rupees) (if applicable) NA
(c) Stamp Duty (in Rupees) - 275
(iv) Net disbursed amount ((i)-(iii)) (in Rupees) 69858
Total amount to be paid by the borrower
(v) (sum of (i), (ii) and (iii)) (in Rupees) 94662
(including BPI)
Effective annualized interest rate (in
percentage) (computed on net disbursed
(vi) 48.46
amount using IRR approach and reducing
balance method)
Annualised Interest Rate (%) (on This document is digitally signed
(vii) 34
reducing balance on Loan Amount)
SAJIN PURUSHOTHAMAN MANGALATHU
(viii) Loan term (in months) 12 months Wed, Nov 15, 2023 10:32:53 IST
Delhi
(ix) Repayment frequency by the borrower Monthly
(x) Number of installments of repayment 12
Amount of each instalment of repayment (in 7460
(xi)
Rupees) Seven Thousand Four Hundred Sixty
Details of Contingent Charges
Rate of annualized penal charges in case
(xii) 36 % p.a. on Overdue Amount
of delayed payments
Rate of annualized other penal charges (if
(xiii) -
any); (details to be provided)
INR 200
Mandate re-presentation /
(xiv) To be applied once a month on first Mandate/NACH
dishonor charge Rs)
Bounce
4% + 18% GST (4.72% of POS (Foreclosure of the loan shall be
Pre-closure/foreclosure allowed only on or after the first EMI due date. At the time of
(xv)
Charges loan foreclosure, total due amount including EMI and
foreclosure charges shall have to be paid by the customer.)
Other disclosures
Cooling off/look-up period during which
borrower shall not be charged any penalty Within 3 days from date of loan disbursement
on prepayment of loan
Yes - One97 Communications Limited; For details, please click
Details of LSP acting as recovery agent and here. Privacy Policy of Lending Service Provider (“LSP”)
authorized to approach the borrower namely, One 97 Communications Limited: You can read LSP’s
Privacy Policy here , as updated from time to time.
Mr. Rajib Sen,
Name, designation, address and phone Hero FinCorp Ltd.,
number of nodal grievance redressal officer A-44, Mohan Co-Operative Industrial Estate,
designated specifically to deal with FinTech/ Mathura Road,
digital lending related complaints/ issues New Delhi – 110044
(RE) Email: [email protected]
Contact Number: 0124-3633945 (9:30 am to 6:30 pm)
Name: Aditya Ranade
Name, designation, address and phone
Address: Skymark One, Shop No.1, Ground Floor, Tower-D,
number of nodal grievance redressal officer
Plot No. H-10B, Sector 98, Noida, UP-201301
designated specifically to deal with FinTech/
Email: [email protected]
digital lending related complaints/ issues
Phone number: 0120-5083345
(LSP)
Designation: Nodal Grievance Redressal Officer

Opening Instl. Instl. Instl. Balance

Instl. No.
Principal Amount Principal Interest Principal
1 75000.0 7460 6043 1417 68957.0
2 68957.0 7460 5506 1954 63451.0
3 63451.0 7460 5662 1798 57789.0
This document is digitally signed
4 57789.0 7460 5822 1638 51967.0
5 51967.0 7460 5987 Wed, 1473
Nov 15, 2023 10:32:5345980.0
SAJIN PURUSHOTHAMAN MANGALATHU
IST
Delhi
 6 45980.0 7460 6157 1303 39823.0
7 39823.0 7460 6331 1129 33492.0
8 33492.0 7460 6511 949 26981.0
9 26981.0 7460 6695 765 20286.0
10 20286.0 7460 6885 575 13401.0
11 13401.0 7460 7080 380 6321.0
12 6321.0 6501 6321 180 0.0

*The Repayment Schedule will be amended depending upon the actual date of Disbursement and as
communicated by the Lender to the Borrower, from time to time.

**For loan disbursed till 15th of the month, EMI would be presented on 05th of the subsequent month.
Thereafter, for loan disbursed from the 16th of the month till 15th of next month, EMI would be presented
on 5th of next to next month.

*** Repayment Schedule will be shared separately after Loan Disbursement.

Debt recovery T&C

Lender shall be entitled at its discretion to engage/avail of, at the risk and cost of Borrower, services of any personal/third
party service provider/agent/agency, for anything required for/in relation to/ pursuant to the Loan, including collections,
recovery of Outstanding Dues, enforcement of security, conducting credit in investigation of the Borrower, getting or
verifying any information of Borrowers/asset analyzing the bank statement of the Borrower, and any necessary or incidental
lawful acts/deeds/matters/things connected.

The Borrower expressly authorize/ consent to Lender, its various service providers or agents for collection and recovery to
contact the Borrower telephonically, through e-mails telephones, messages, SMS WhatsApp or other applications or
otherwise even if the names of the Borrower appear in the Do Not Call or Do Not Disturb Register to inform the Borrower
about the Outstanding Dues under the Loan Documents or any other aspect pertaining to any loan facilities availed or to be
availed by the Borrower.

The Borrower also expressly declares that any modes of communication as detailed above from service provider of Lender
and its associates, affiliates and/or group companies will not cause any inconvenience to them and/or their family members.
The Borrower expressly and irrevocably consent that for any claim against the service providers, Lender shall not be liable
and the claim of the Borrower on this account shall be against the service provider and/or tele-callers.

This document is digitally signed

SAJIN PURUSHOTHAMAN MANGALATHU

Wed, Nov 15, 2023 10:32:53 IST
Delhi