Key Fact Sheet

Date : 08-Aug-2023
Lender Name: Accretive Cleantech Finance Private Limited
Applicant/Customer Name: AMAN PREET KAUR

S. No. Parameter Details

i. Loan Amount Sanctioned (in Rupees) 124775

ii. Interest type Fixed

iii. Total interest charge during the entire tenure 19796

of the loan (in Rupees)

iv. Other up-front charges (break-up of each 3443

component is given below) (in Rupees)
(a+b+c+d+e)

a. Processing fees (inclusive of GST, in Rupees) 1473

b. Documentation charges (inclusive of GST, in 1770

Rupees)

c. Stamp Duty (in Rupees) 200

d. Advance EMI (in Rupees) 0

e. Insurance charges (in Rupees) 0

v. Net disbursed amount ((i) - (iv))(in Rupees) 121332

vi. Total amount to be paid by the borrower 148014

(sum of (i), (iii) and (iv))-(d) (in Rupees)

vii. Rate of interest 14.66 % per annum

viii. Loan term (in months) 24 Months

ix. Repayment frequency by the borrower Monthly

x. Number of instalments of repayment 24

xi. Amount of each instalment of repayment (in 6030

Rupees)
S. No. Parameter Details

xii. Security/ collateral obtained Hypothecation of the asset

xiii. Annual Percentage Rate - Effective annual- 16.94 % per annum

ized interest rate (in percentage) (computed
on net disbursed amount using IRR approach
and reducing balance method)

Details about contingent charges

xiv. Rate of annualized penal charges in 24 % per annum

case of delayed payments (if any)

xv. Cheque Bouncing Charges Rs 250

xvi. Prepayment Charges (if any) 5 % per annum

xvii. Rate of annualized other penal charges 0

(if any)

Other Disclosure

xviii. Cooling off/look-up period during which bor- 3 days

rower shall not be charged any penalty on
prepayment of loan

xix. The recovery mechanism The collection team of the Lender working with the network
of authorized and empanelled agencies / recovery agents
shall interface with the Borrower, on the behalf of the
Lender assisting and servicing the customers / borrowers
related to their queries, issues and grievances in case of
due/outstanding loan instalments / amount not paid on due
date/ or customer’s/ borrowers not being able to pay due
date, in line with the regulatory framework and guidelines.
The complete collection process is facilitated through the col-
lection channels mentioned below :
1. Tele-Collections ( Call Center)

2. Outsourced Agencies driven collections

3. BOT Collections(Automated AI based calling)

xx. Details of the recovery agents authorized to NA

approach the borrower
S. No. Parameter Details

xxi. Name,designation,address, and phone num-

ber of nodal grievance redressal officer of Ac-
cretive Cleantech Finance Private Limited Name: Mr. Rishabh Jain
designated specifically to deal with FinTech/ Designation: Grievance Redressal Officer
digital lending related complaints/ issues
Address: Level 12, Birla Aurora, Century Bazaar, Dr.
Annie Besant Road, Worli, Mumbai - 400030
Email ID: [email protected]

xxii. Privacy Policy https://www.ecofy.co.in/assets/policies/Privacy-Policy.pdf

Detailed Repayment Schedule

Installment Repayment Outstanding Principal (in Interest (in Installment

No. Date Principal (in Rupees) Rupees) Amount (in
Rupees) Rupees)

1 2023-09-05 124775 4627 1403 6030

2 2023-10-05 120148 4582 1448 6030

3 2023-11-05 115566 4591 1439 6030

4 2023-12-05 110975 4693 1337 6030

5 2024-01-05 106282 4707 1323 6030

6 2024-02-05 101575 4765 1265 6030

7 2024-03-05 96810 4902 1128 6030

8 2024-04-05 91908 4886 1144 6030

9 2024-05-05 87022 4981 1049 6030

10 2024-06-05 82041 5009 1021 6030

11 2024-07-05 77032 5102 928 6030

12 2024-08-05 71930 5134 896 6030

13 2024-09-05 66796 5198 832 6030

14 2024-10-05 61598 5288 742 6030

Installment Repayment Outstanding Principal (in Interest (in Installment
No. Date Principal (in Rupees) Rupees) Amount (in
Rupees) Rupees)

15 2024-11-05 56310 5329 701 6030

16 2024-12-05 50981 5416 614 6030

17 2025-01-05 45565 5463 567 6030

18 2025-02-05 40102 5531 499 6030

19 2025-03-05 34571 5641 389 6030

20 2025-04-05 28930 5670 360 6030

21 2025-05-05 23260 5750 280 6030

22 2025-06-05 17510 5812 218 6030

23 2025-07-05 11698 5889 141 6030

24 2025-08-05 5809 5809 72 5881