0% found this document useful (0 votes)
233 views27 pagesDeepak Application Form
Deepak Krishnarao has submitted a loan application to IDFC FIRST Bank for a Consumer Durable product, providing personal and residential details, employment information, and loan purpose. He authorizes the bank to conduct necessary checks and share information as needed, while confirming the accuracy of the information provided. The application includes terms and conditions related to the loan and Easy Buy EMI card, emphasizing the borrower's obligations and the bank's rights regarding the loan facility.
Uploaded by
abbasdream11xrCopyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
0% found this document useful (0 votes)
233 views27 pagesDeepak Application Form
Deepak Krishnarao has submitted a loan application to IDFC FIRST Bank for a Consumer Durable product, providing personal and residential details, employment information, and loan purpose. He authorizes the bank to conduct necessary checks and share information as needed, while confirming the accuracy of the information provided. The application includes terms and conditions related to the loan and Easy Buy EMI card, emphasizing the borrower's obligations and the bank's rights regarding the loan facility.
Uploaded by
abbasdream11xrCopyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF or read online on Scribd
to the I
Date:26 March, 2025
|, Deepak Krishnarao, request IDFC FIRST Bank Limited to grant me a loan for the purchase of Consumer Durable/
Consumption Finance product as follows:
Personal Details
Particular
Loan Application No
e
CRN No.
Gender
Date of Birth
Email ID
Marital Status
Rehgion
Mobile
Huctnnent tdentifiestion
PAN No,
‘Aadhar No.
Welcome
PC FIRST
Application Form
Details
101053580230
Deepak Krishnarao
5721074716
Male
15-10-1988
Married
HINDU,
9498148806
CDGPD7863K
$64000907347
sank fanny
LD/CD-Digital/Dec 2023'v2 Permanent Residential Details
Address
Landmark
City: State
Pincode
Residence Status
Current Residential Details
Same As Permanent Address
CRYC EKYC Details
Aadhaar Number
CKYC Number
Mother's Name
Father's Name
Spouse Name
Biometric Validation
49 E BLOCK A R POLICE QUARTERS,
Vellore, VELLORE TALUKA Vellore
NEAR BY ST MARY SCHOOL
VELLORE | TAMIL NADU
632001
Corporate Provided
Yes
XXXXXXXX7347
sae 99945705,
SUMATHI K
KRISHNARAO PS.
JHANSIRANI G
Yes Details
Type Of Employment
Designation
Company Name
Company Address
Other De
Director Of Bank
Director Of Any Other Bank
Relative To Bank Director
Relative To Other Bank Director
Relative To Senior Officer Of The IDFC FIRST Bank
Senior Officer Of IDFC FIRST Bank
Politically Exposed Persons (PEPs)
Reference |
Reference 2
Citizenship
Country OF Birth
Country Of Residence As Per Tax Laws
Foreign TIN
Purpose of Loan
Self Employed
NA
OTHERS
49 E BLOCK A R POLICE QUARTERS Vellore
VELLORE TALUKA Vellore
Landmark: NEAR BY ST MARY SCHOOL
City: VELLORE
State: TAMIL NADU
Pincode: 632001
No
No
No
No
No
No
No
Name: KRISHNARAO PS
Relation: PARENT
Contact No.: 9360204561
Name: JAYANTHI Y
Relation: RELATIVE
Contact No.: 9940881760
Indian
India
India
NA
PERSONAL USE
posh Authorisation
i. U hereby authorize IDFC FIRST Bank Limited (“the Bank"), to conduct credit checks, referenci
enquiries, in its sole discretion and also authorize the Bank and its agents to share and obtain information,
records from any agencies. statutory bodies, credit bureau, bank, financial institutions, or any third party in
respect of the application, as it may consider necessary, the Bank shall not be liable for use/ sharing of the
information
i. | authorize IDFC FIRST Bank and its represemtatives to communicate by way of E-mail, Call, SMS or
WhatsApp or through any other mode regarding my application, account activities, updates and offers from the
Bank. This consent overrides any registration for DNC / NDNC. I confirm that | am citizen and resident of
India. Further, U understand that the consent to receive calls / communications / offers shall be valid and shall
Prevail over my current or any subsequent registration of mobile number for DNC / NDNC and shall continue
to be treated as my consent/ acceptance,
'N The Bank reserves the right to retain the photograph and documents submitted with the application and shall
not returned back
8
g
3
2
3
s
By
=
z
bmitted by me to CERSAI. I hereby
Provide my consent to receive information from Central KYC Rexistry through SMS/mail on the above
CERT teeremail address The Borrower consents to receiving information from Central KYC Registry
CERSAI through SMS/Email on my registered number/email address. | hereby provide the consent to book
pull my KYC details from CERSAI & PAN details from Protean as and when required by the Bank for he
cambliance.The Borrower agrees to abide by and be bound by all applicable
ats jegulationsinstrution/guidelines including but not limited to those issued by the Reserve Bank of india,
including the Foreign Exchange Management Act, 1999 and Foreign Account Tax Compliance Act 2010 (to
the extent applicable to India) and the Common Reporting Standards (CRS), in force irom tine te vines
ser ne xing declared my status as per the rules applicable under section 285BA of the Ineome tan Act,
1961 (the Act) as notified by Central Board of Direct Taxes (CBDT) in this regard,
- [hereby provide the consent to bank to pull my KYC details from CERSAI & PAN details from Protean as
and when required by the Bank for the compliance
vi, [authorize the Bank to finance us/Borrower for the premium of any third-
Bank, taken by Borrowers as per Borrower's own wish from the said third.
the Loan and all the terms and conditions shall be additionally applicable th
{axes etc. as applicable on any such third-party product shall be incurred a
cise borrower has availed such product, then Bank will not be respo
-party product and or aficr sales service.
arly product available with the
Party of Borrower's choice under
iercto. All expenses, charges, fees,
nd paid by the Borrower, however,
sible for any cancellations of any
le Declaration
| declare that all the particulars and information given in the Application Form are true. correct. complete and up-to-date in
all aspect and I have not withheld any information whatsoever. | confirm that no suit for recovery of outstanding dues or
money whatsoever and or criminal proceedings have been initiated and/or pending against the Applicanvs. | hereby confirm
that no action or any steps have been taken or legal proceedings started by or against the Applicant in any court of law/other
authorities for winding up. dissolution, administration or re-organization or for the appointment of a receiver, administrator,
administrative receiver. trustee or similar officer or for Applicant(s) assets. | declare that I have not made any payment in
cash, bearer, cheque or kind along with or in connection with this Application except for the application fees mentioned for
or Processing fees or any other fees prescribed in the Application Forin to the executive collecting my/our application/and
1 Applicant shall not hold the Bank liable for any such payment made by us to the executive collecting this application. 1
further declare and confirm that the credit facilities if any enjoyed by the Applicant(s) with other banks/financial
institutions non- banking finance companies has been disclosed hereinabove. | hereby confirm that I am/are competent and
fully authorized to give declaration. undertakings etc, and to execute and submit this Application Form and all other
documents on behalf of the Applicant(s) for the purpose of availing loan, creation of security and representing generally for
all the purposes mentioned required to be done for these presents. I hereby agree to abide by and be bound by all applicable
rules regulations instruction guidelines including but not limited to those issued by the Reserve Bank of India, including the
FEMA Regulations 2000 Governing EEFC Accounts, the Foreign Exchange Management Act, 1999 and Foreign Account
Tax Compliance Act, 2010 (to the extent applicable to India) and the Common Reporting Standards (CRS), in force from
time to time. | confirm having declared our status as per the rules applicable under section 285BA of the Income Tax Act,
1961 (the Act) as notified by Central Board of Direct Taxes (CBDT) in this regard. | confirm that except to the extent
disclosed to the Bank, no director ot a relative (as specified by RBI) of a director of a banking company (as specified by
RBI) or a relative of a senior officer of the Bank (as specified by RBI) is - the applicant(s), or a partner, managing agent,
manager, employee. director of our concem. or of our subsidiary or our holding company. or a guarantor on my/our behalf,
‘or holds substantial interest in our concem or my/our subsidiary or holding company. W/myself declare/confirm that the
current residence address mentioned/shared with IDFC FIRST Bank, in my Consumer Durable Loan application, is correct
and I myself stay at the same address. 1 hereby submit voluntarily, at my/our own discretion, the physical copy of Aadhaar
cardiphysical e-Aadhaar / masked Aadhaar / offline electronic Aadhaar xml as currently issued or in any other/additional
form made available, from time to time, by UIDAI (Aadhaar), to IDFC FIRST Bank for the purpose of establishing my
identity . address proof and voluntarily give my consent in connection with me availing the Financial Facility from IDFC
and processing instructions for the said purpose and hereby give consent to IDFC FIRST Bank for verification of my
Aadhaar to establish its genuineness through any such acceptable manner stipulated by UIDAI or under any Act or law from
time to time. I have also been explained that submission of this document is not mandatory. | have the option to submit any
one of the document(s) as per the list of Officially Valid Documents (updated by the RBI from time to time). The consent
and purpose of collecting Aadhaar has been explained to me in local language. IDFC FIRST Bank has informed me that
am ate required to redacv blacken out the first eight digits of Aadhaar number so that only last four digits of the Aadhaar
number are visible; and in case | do not redact/ blacken out the first eight digits of Aadhaar number, | authorized IDFC
FIRST Bank to redacvblacken out the Aadhaar number through appropriate means on my behalf. IDRC FIRST Bank has
also informed me that this consent and my Aadhar will be stored with IDFC. myself declarc/confirm that the current
address mentionedshared with {DFC FIRST Bank, in my Consumer Loan application, is correct and limyself stay atthe
| undertake and declare that if there are any changes in the particulars and information given by me while availing the Loan
facility. I shall within 30 days from the date of any such change in the particulars and information shall disclose the details
of such changes to the Bank without withholding the same.
| have been read out and explained in the language known to me, the contents of the loan documents
| . 0% iments a sments
incidental to availing the loan from IDFC FIRST Bank Ltd, And | have provided the consent for the aA doves though
an OTP validation. hereby agree to abide by all the terms and conditions of the loun and the clauses of the same
sack Terms & Conditions
Easy Buy EMI Card
Below TRC shall be applicable to the Applicant for Easy Buy EMI card offer (Only applicable if EBC offer selected)
|. The non-refundable application fees for the Card is %530.00 (Including GST). The Card will be issued to the
Applicant in 45 days after the payment of 1/4/6 successful EMIs,
2. Applicant can also access the Virtual Easy Buy EMI Card through our IDFC FIRST Bank: MobileBanking App
3. The pre-qualified offer mentioned to the Applicant at the time of application of the Card is subject to change at the
Bank's discretion.
4. The non-refundable annual fee for Easy Buy EMI card
899). (Including GST).
5. Customer can use this card to apply for future loans with IDFC FIRST Bank. This is not a credit card. Any future
loans taken using the Easy Buy EMI card, may require additional checks at bank's end. The Facilities are
uncommitted facilities, ae reeallable by IDFC FIRST Bank at any time and may be cancelled and repudiated in part
or in entirely by IDFC FIRST Bank at any time without notice and without giving any reason. Sanction or part
Gisbursal ofthe facility should not be construed as giving rise to binding obligations on the part of IDFC FIRST Bank
to provide the facility. The facility mentioned aforesaid will be available solely at [DFC FIRST Bank's discretion and
DEC FIRST Bank will not be liable for any action taken by the borrower on the basis of this sanctioned facility.
©. Borrower hereby acknowledge and confirm that the Easy Buy Card (EBC) issued is perpetual in nature and remains
\alid indefinitely. The absence of an expiration date does not alter Borrower's obligations, including but not limited
to. timely payment of any fees, charges, or dues associated with the EBC card.
The NACH mandate issued in any loan can be utilized for payment of annual fees and any other charges as and when
communicated related to Easy Buy Card wherein Customer needs to maintain sufficient funds in his/her/their account
10 cover debit instructions,
- The Easy Buy Card issued shall remain valid and in effect unless terminated by Bank or revoked by Customer in
accordance with the terms and conditions herein.
% In case of revocation, Customer to provide written notice to Bank and revocation will take effect in 90 days from
receipt of notice/ as per Bank's internal policy.
{0, Termination of Card by Bank would be as per Terms and Conditions and updated from time to time.
{I- In case the Card is terminated/revoked, Customer shall surrender the Card to nearest Branch within 90 days. ‘Standard Conditions :
1. IDFC FIRST Bank constantly evaluates your credit score. Some of the parameters we check include: Performance of
your other loans. your repayment track record, discipline of payments, ete
2. Ensure that payment for your loans, with all lenders are always made on time, failing which your card may get
blocked
3. The Borrower understands, acknowledges, and agrees thatthe Facilities are uncommitted facilities, are recallable by
IDFC FIRST Bank at any time and may be cancelled and repudiated in part or in entirely by IDFC FIRST Bank at any
time without notice and without giving any reason. Sanction or part disbursal ofthe facility should not be construed as
giving rise to binding obligations on the part of IDFC FIRST Bank to provide the facility mentioned aforesaid. The
Facility mentioned aforesaid will be available solely at IDFC FIRST Bank's discretion and IDFC FIRST Bank will
not be liable for any action taken by the borrower on the basis of this sanctioned facility
4. The Borrower(s) hereby represents! warrants to /covenants/ undertakes that he/she shall utilize the loan for the
purpose for which it is granted and not for any improperiillegal/unlawful/spcculative/capital market related activities
neither for purchase of gold in any form including primary gold, gold bullion, gold jewelry, gold coins, units of Gold
Exchange Traded Funds(ETF) and units of yold Mutual Funds.
5. Borrower is aware that penal charges means the charges which the Bank shall impose upon the borrower for
‘non-compliance of loan terms and conditions by the borrower. Said charges shall be over and above the applicable
charges and interest rates as specified in the Schedule of Charges/Key Fact Statement and the same may be amended
from time to time by the Bank. It is further specified that penal charges as set out in the schedule are without prejudice
to the Bank's right to recall the entire loan orto initiate any recovery action.
(6. Borrower agrees that if he/ she avails any loan from the Bank then the PDC/SI/ ECS/NACH mandates issued under
the said loan shall continue and remain in force till such time all other dues under the Loan Agreement and in respect
‘of all other loan/facilty obtained/to be obtained by the Borrower from the Bank/group companies are fully discharged
and the Bank and/or its affiliates issue a eentficate of discharge. The PDC/SVECS/NACH mandate issued under any
Loan,
7. Agreement and the liability of the Borrower shall not be affected impaired or discharged, The Borrower covenants
that the PDC/SVECS/NACH provided by the Borrower shall remain valid for the balance due to the Bank, or any
‘ther financial benefits obtained by the Borrower from any of the affiliates of the Bank
8. The para banking services provided by the Bank to the Borrowers for financial products shall be strictly on a non-isk
participation basis
9 Borrower shall be lable to pay the Interest on outstanding loan balance for the duration it remains outstanding
Further, such Interest calculation shall commence from the actual date of disbursement of the said loan: In the event
of disbursement through cheque, Interest shall be calculated from the date of handover of the cheque
10. Notwithstanding anything to the contrary contained in this Agreement, Borrower is aware that insurance is
‘non-inandatory and offered only to customer who voluntarily choose to opt for the same and in case if the loan 8
Gancelled. the insurance policy will also get cancelled automatically by the Insurance Company and the eerifieate of
insurance (ireceivedssued) will remain cancelled revoked by the said Insurance Company. Bank may receive the
commission / fees for solicitation of insurance products (if any) and same will be available on below link
ap EMI:
In the event you fail to pay the EMI (along with any other fees oF charges that might have accrued) on the respective
EMI Due Date set out in the agreement, you shall be liable to pay additional EMI Bounce’ Penalty charges (Inelusive of
GST), levied on each delayed payment of EMI amount, Please refer the below summary:
1. A charge of €400/- (+ GST as applicable) will be levied against your account in case of EMI bouncing due to
insufficient balance.
2. A charge of 300'- (+ GST as applicable) will be levied against your account in case of technical bounce.
3. A second attempt to recover EMI will be made | working day after the first presentation of every month. If sufficient
balance ts not maintained, by this second attempt, a further bounce charge of @400/- (+ GST as applicable) will be
levied.
+ It has been hereby clarified that EMI penalty charges will apply on each instance of failure to pay EMI on an EMI
Due date.
5. The EMI Penalty charges are levied only on the EMI amount under default in a non-discriminatory manner, Please
ake mote that non-payment of EMI within the calendar month will result in levy of penal charge. For any
clarifications of charges applicable to your account, refer Schedule of Charges: hip uivitn'eM" |"
Other Conditions:
'- Customer to maintain sufficient balance in your bank account from which EMI is to be debited. ‘The account should
be Funded at least 1-2 working days before the EMI due date.
1 2mm aware of the First EMI start date i.e. between 2nd and Sth of every month, depending upon the date of
disbursement. For No-cost EMI Schemes where the interest is subvented, | acknowledge thatthe effective interest rte
GRlculation shall start prior to the First EMI from the month of disbursement, notwithstanding the date of
disbursement,
*- Actul Rate of Interest may vary from that mentioned in the Sanction Letter which is due to system logics and
rounding off mechanism. However, your EMI amount will remain the same.
Customer
Name of Customer: Deepak Krishnarao
Sab tees Ea asin
ALWAYS YOU FIRST
Date: 26 March, 2025
To : MR. Deepak Krishnarao
Sanction Letter
Dear Sir Ma
Greetings from IDFC FIRST Bank.
We are pleased to inform you that basis your application, we have sanctioned your Consumer Durable /
Consumption Loan, subject to the terms & conditions & details mentioned hereinafter
1. Product Details
A Application 1D 101053580230
B Product Financed RESQ DEALER INSURANCE
c Model Number Dealerinsurances
D ‘Scheme Name BS_RESQOOFEB
E ROI % percentage per annum) 2. Loan Amount Break-bp ine
A Cost Of Product
B Margin Money paid by customer
J Wallet cashback given by the Bank
c Offers ctundled with the foan)
=A-BJ+C Bundled Loan Amount
Et Total Down Payment
FeA+C+E — Total Cost To Customer (exc. adv em wherever applicable)
G Gross | Net Tenor (months)
H Advance EMIs (no)
1 EMI Amount
Anne sure : Split OF Offers & Down Payment din 2
E Total Down-Payment
Facilitation Fee (ine! GST)
10549.00
1.00
0.00
0.00
10548.00
62.00
10611.00
919
0
172
62.00 Schedule OFC hates
Ist EMI Due \ Mode of y
Datecmm dd’yyyy) 5/03/2025 ke mento! — NACH/PBCISI/UPL
oan
Rane iton and £10001 oF 5% of loan amount (Exel EMI Bounce 15% of EMI Outstanding
Rebooking charges GST)-whichever is higher charges upto Rs, 750/- (Exel GST)
Tech Bounce fed os Facilitation 5 fin s
charges $300 (Exel GST) Ginga 199 (Including GST)
EMI Pickup) 5% of the balinee
’ Y 2350/- (Exel GS
Collection Charges *350/- (Exel GST) ‘outstanding (Exel G
; . Cheque Swap
ages UPI 2% per month of the overdue cheque Sw
Risial Charges nstalment or *300 whichever is higher SMA-0 | 01.02.2022 NA
| orolo2.2022 |
i ot Tally pan
nay 01.03.2022 abu | 29 SMA-O | 01.02.2022
due at LOD OL
; 3.2022,
ae eee Dues of 01.02.2022
fully paid , Due for
01.03.2022 not paid | | SMA | 01.05.2022)
at EOD 01.03.2022 ‘No payment of full
dues of 01.02.2022
and 01.03.2022 at
EOD 03.03.2022
3 SMA- I
1 02.2022
03.03.2022
Dues of 01.02.2022
fully paid , Due for
01.03.2022 not fully
paid at EOD
103.2022
1 SMA-O
01 03.2022
01
04.2022
No payment of dues
of 01 02.2022 ,01
03.2022 and amount
due on 01.4.2022 at
EOD 01 .04.2022
60 | SMAI
01 .02.2022
03.03.2022
‘No payment of dues
of 01.02.2022 till
61 | SMA2
01 .02.2022
102.04.2022
01
05.2022
‘No payment of dues
of OF .02.2022 till
01.05.22 at EOD 01
05.2022
90 | SMA2
ol
.02.2022/02.04,2022|
‘No payment of dues
of 01.02.2022 till
01.05.2022 at EOD
02.05.2022
91 NPA
NPA
02.05.2
022
01.06.2022}
(01.06.2022)
Fully Paid dues of
01.02.2022 at EOD
01 06.2022
93 | NPA
NA
}02.05.2
022
}01.07.2022}
07.2022
Paid entire dues of 01
03.2022 &
01.04.2022 at EOD
01 07.2022
62 | NPA
NA
NPA
02.05.2
022
on
08.2022
o1
08.2022
Paid entire dues of 01
05.2022 &
01.06.2022 at EOD
1 08,2022
NPA
02.05.2
022
SsAgek | | Paid entire dues of 1
| aoe | ae | 07 2922.6 01 08.2022] 1 peu
aise Le eee | at LOD 01.09.2022
\ | ai Paid entire dues of Standard STD
110 7 10.2022 | 01-99-2022 & 01 0 | NS from 01
“ 10.2022 h .10.2022|
! Overdues
Note- Examples are illustrative and not exhaustive in nature covering common scenarios and that the IRACP norms
and clanfications prowided by RBI on the subject will prevail.
9. Amortization Schedule/Repayment Schedule:- The Amortization Schedule shall be provided
separately after the disbursement of loan and shall consist details pertaining to exact due dates for
tepayment of loan, breakup between principal and interest, in case of loan facilities with moratorium
‘on payment of principal and or interest, the exact date of commencement of repayment etc., shall also
be specified in the said amortization schedule. LDICD-Digitalidune 2024/ v3
ALWAYS YOU FIRST
Terms & Conditions
1. Loan
8) The fan (Loan) prided bythe Bank shall be am amount as stated in
‘he Sanctan Letter
bi The Borrower undertands and confirms the disbursement of Loan by
TDEC Furs Bank Linuted formerly know 36 1DFC Hank Limited (the Bank") on
‘he Borower's hell fo the Dealers scooun, a pet the deans provided by the
Borower The Loan may be disbursed one ian sum ori ansttients 3 may
fe decided hy the Hak andthe Loan shall be repaid by the Bomoncr an pt the
Cane Sanction Lees
©) The horowmer con sll he pct anti he loan aid fhe borrower
Intends sell the product then hs she should foreclose the Yo fit before selling
the pads
4b "The Sanction ltr shall be ran conjunstion withthe provisions ofthis
Terms and Conditions ("THC and i the event of any confit nthe terme of the
id sanction leer and thi Terms and Conditions, the te» of thn Terms
said Sanction Letter, also the Hank shall be
say mds the tems and conditions of this Agreement oF the
Sanction Let’ ar anytime by notice i writing 1 the Borower or nttyng the
Same os website either on at own accord or at may be Tequied by any
Statutes Auhonty
2 RATE OF INTEREST
Si The Bammer specifically apres tht the Loum shall arty interest tthe
fate spotted Sanction Leer
by The Hank shal be ested to revise the rate of ners fom time ote
2 pet policy and ar applicable Iaws and regulations, during the tenor of the
{Cassa is dsefetion the Bank wil fem the Horowervbout the vation whe
Rate cto fy
LF Any nompresenaion delayed presentation of the cheque due Yo any
feawn wll a affect the labiy of the Borrower to pay the EMIS on time. The
Botower shall replace the cheques sue fea cheques fu required by the tank
81 The Bamtowct ay swap the PDC with ds coment for the Bank and
oping the Bak cheque swap charges.
STANES
21 The Humor agrees o poy to the Bank, any and all ees ehares, dis
{> maybe levied cluding stump duty tlted tthe Pst T eC andthe Loan,
Te orroner aso atees that the ESM shall autumaialyanerease om account of
sa income ton ey
PAYMENTS
2) The Hemoserupiees tu tepaythe Lg t the Hank by EM av monthly
basi om the scheduled due date. pet the mode uf payimen, specified mn the
Sent Leter The Hurower agree tha ively payment of LMI he sachs of
the la
by the repayment ofthe Laan by Pant Dated Chyues PICS") ar et
mode st payment the Hoerumer undctiahes tr hana all payment the
Schedule due dates and shal nt nifat then aber To stp pyc The
Borrower shail be hale tu pay cheque bounce chatges far ‘aul chee
bounce dour er mide Hangs
ci The Burton! understand
Ete Meny Teta tes ts dispute the sane ty
fur im fata €) The Bi py oe
uri EMI 2 pei nthe Sancho bster OF arctic Puneing ee
sth upon EMMI shal be dedacted hy the Harkey Hh Honnoact hay enced by
vray fatal seul Daan Mattos Sete DPI fo Hn opp
Whe Manik td of eakutng
1) "Penal Charges” ~ Borrower i aware that penal charges means charges which
‘the Rank shall mpose for dela in payments by the Borrower. Sai charges shal
bbe aver and above the applicable charges and imerest aes a speefied a the
Schedule of Charge/Key Fat Statement a the same may be amended from time
to time by the Bank. It further specified tha penal charges as set out i the
Schedule we without prejgice to the Bank's right to recall the entire loan oF to
nian any recovery aeion
S.PRE-PAYMENT.
The Borrower shall prepay the ene Loan amouet i ll, subject vo the payments
‘of prepayinnt charge onthe outstanding Blanes. wih prior writen request fom
the Wank. b) The Bank shall be at ibn To appropiate aout so prepaid towards
‘brepayinent of charges, intrest penal charges. other charges payable unde the T
‘& Cand then towards the Loan smnount or a any oer manner thatthe Bank may
‘dem find proper ints sole and absolute discretion.
6. CONDITIONS
‘The Borrower sal, prior to the dibursal ofthe Loan, have wilized hisher own
contribution 10 the cost of the Product less Loan availed from the Bank
‘The Horrower sll ot transfer the Prout to any thied party and maintain the
Product in Yood order and condition daring the currency ol the Loan
‘The Docrower tall upon change of residence immediatly mmate tothe Honk.
The Borrower stall ensure that no part of the Loans fled Tor any illegal
immoral activites. gambling, Joey, speclaiv atv nature
7. BORKOWER'S REPRESENTATIONS & WARRANTIES,
2} Allthe doumens provide hy the Borer vali nd bn
1 "The Worrower doesnot vite any tem and endinons ander a7
cstingasmen ened im by the Borrower wih any thr pany, by ming
the Loan from the Bank. reer
"There no ston, su, proceeding or estystion pening 10 the
owlede ofthe Harower before ay cout a aw or ay compet str
sich meh havea ater effest onthe Horrower far ls ono mg pat
ito quent vl, enorebiy or peormanceafthe TC
spe Te Rarer ares alae he ce ee othe Wansation
the Boruwee hd withthe Defer like nem perfomance, male. each a
Saran or supply of inferior ar damage Po
forthe same. th any such eventuality, the Bortwer
bused by the Hank wil be tt al unto,
2) The La wsrepayable om dein mad by the Wank wil al the accrued
Interest and ter harges
A SeCUIITY:
es. Hes atl other charges
‘tstatsbng payable to the Hank sal Bose
‘hall ate ist and exchnive charge
the Prada seh the
9. EVENTS OF DEFAULT
2) The Horwetsnmit any dei, breach, austepresemation under this T
1 Cand ota eter ta th the Bank
by he Mndct damaged, stolen, confiscate tached take i easedy
suet any proceeds, oY asec danger
thes, becaes olen compu wth ner cies
nat a cniseaton or wie proces agatha Ol hase
cepmiperts
osohro 18) Any eteumstances nthe opinion of he Bonk hat jeopardizes the Banh’
10, UNDERTAKING
2) The Borrow cr sal compl with apical ows
1) The Borrower shll ws the Prodvt for persona se only
1, REMEDIES
2) Upon he oxsurence of an Event of Default, the Borrowers outstanding
{Loan shall hth bscome pasabe othe Bank The Bank may real the Loan
Son additional charges The Bomower, undertake to forthwith surender to the
Banks oprescratives agencies, the Product ce any ether product of such value
tb applovcd by the Bank ‘The Banks fepreseniatives’ agencies shall be ete
fe ake poucssion andor dxpose the same and adjust the proceeds against the ttl
dus. Ir hore an dic the same shall be made good to the Bank by the
Borer
bye Bonk sal be emit to ake recourse o ether legal remedies (ei
and eriminal under appropate provsions of he Laws,
Ch The Borrower al be able fr payment of ll egal and other costs and
“Expenses inceed inthe excrise ofthe Ban's remedies, including repossession
‘tthe Pradust ay ase and ecovery of Loan amount
12, CLOSURE OF LOAN
{Upon the Borer’ paying tothe Bank all EMIS onthe de dates of Loan amount
lanl or ergo payable bythe Borower tothe Bank under this TAC
13. NOTICE
Any notice oF request required or permitted 10 be given or made under this
Aprooment tothe Bank of to Borrower shall be given in wring post. Such
otc or request shall be deemed t0 have Been July on made when it shall be
{sincred by hand. cml or any oer electrome mode clegrat othe party 10
‘shih ts reqored ot permed to be piven or made a sich pany's adresses.
11.1, CONSENT OF DISCLOSUREY PRIVACY
“The Horower have no objection forthe disclose by the Bank ofall or any such
{a} anformution, obligations and data relating othe Borrower, Loan, TC,
Praducts atc furmnied by the Borrower including other exe facliy gramedto
be grated the Bank.
(b)afonmaton, dats relating to default any. committed bythe Bortower
tn dinchatge of ss obligations tothe Credit Information Company ("CIC") or
‘agency authonzed bythe Reserve Bank of India. CIC and of ae agency 50
Duthotied may use andr proces the aforesaid information and data in any
Imanser as deemed ft by them CIC andor ather agency may furish for
csdcraton. the proceed afomaton and data or product here prepared by
them. to the Bank and other ere guarantors Feisiered users. 28 may be
spied by RIL
(Gy "The Boroucr agocs thatthe Bank may share its mobile number and
‘ater perma nfrtation withthe Borrower's mobile network operator and thet
td pany agencies for venation, evaluation and assessment of the Borrower
sand neither the motile network operator nor ther third party agencies shall be
respunsble for abiaming a Separate consent for eollecung. processing or storing
toch mformatiom The Botower specifically grants hiker consent wo such mobile
fviwotk operates and thet apes to share the tela of such assesment with
the Bank for pacesing ofthe Htaers Loa aplestion,
(61 The Borrower father acknowledges that the Dank may undctake
Pee assessment and monitonng ofthe Hortower during te tr of the Hat
andthe Horror grants hier expt cnsent othe Bank for reetng pve
Infortion trom the mable network epersor and thsi rd pany ageaies for
ths perp
1a igh Esco of Defaul the Bank sll au be
fn any. manner st may deem Til tor with any pean wr pets ls
fants, peri pein relerence to loan, wath 4 view to pacere spoon of
Such person or persons im recovering the defaulted snouts inclng but ol
lite v wsting the property and or any place of work ofthe Borrower. Im ese
of default in payinen of EMIs len upetator may. up eee glace
{rx Bank, ssconnue data and oxgoing call service of yout mobile conection
Ghul ave payments ste rogsareed Upon incontinistion of apc
{Skcommanctionsesies, icecom operator may aeeate peal
Stnouncemenis on your mobile cofnection.Dorower wil may be noid
through any stable meane sch at SMS, naifestons ‘and utbound. als
teporieg Ihe conseqonee of dncooimton of telecommnkavanssersces
rower conor combine or aval any ther banded tclcommnicaton oer
Shang th cation a soeisten of Telcom OTe ten
Tae The Boromer auies tat the Bank may be required t dcone
Bomower personal and inane infomation tthe any ators
Connection with any Tegal rocess tat may Be ited by such auhorves im
Sccordance wih apptieable ws
Trt Shc Bank discourages the Borowe fom sending or posting to the
{Bank's web ste any information thatthe Borrower consider tobe confident or
Fropetary.Ploe foe ta ithe Borrower So snd or post ay such information
{rinaerl the Bank wil asme that tf nt cone. By Sending or posting
Sy infraton or maa the Borower pant the Bank an envied,
imevocable eve to ae reproduce, dpsy. perfor, mod, transit and
{Tint thee marl efoto, athe Brower apes ta the Banks
fit ase any wen concep. traw-how or eshngues that he Borower ends
cron Tray pupa om hs web
Te” Te Borrower specr thatthe Bank may abo share Borower
‘nvomanon o provide Borowcrs wih superior sviss and a age of offs. The
Bunt may un the fonmtn o adv Borers abot produ ses and
bier marketing mstra which tn ak hk may be of rere fo Brower
‘Tank tre excrete np none the mfrmation oy hid prt if
the dacoure af the same forgoing any aional serie, products which
Ita be bail ote Horowch 2s per the tole ssesent and Jssstion of
The tank
146. The Bak wil init the collston and ws of Bowe iafomation only
tna netornow to delves beter Serco the Barower The Bank may
‘he and share he nternsten provided y the oxowers wth At and
thd pores for proving serves and any servicevelae aces sich
alloca stsenpn fee for sch tees, and niying or coming
Blonomets ering ay robles wih or the cxpiraon of ach services InN
tmp nay be ascetlny lo dacive te Borer inkoration Wo on of OTE
{Spem and contest of the Dak and ther wb-contacior, bt such agen
acon, and subcontractors wil be required to agosto we the infomation
‘tare fom the Bank only forthe td purposes, The Bertowersueracs he
Banko exchange, shar, pat wth all tnormaion related fo ihe Gets and
tamsacton hry of the Borrower tos Aa” ofr banks fame
Itt eet reat ages’ paepation i ny elesommnieston a
leone cleargoetwork a ay be que by law. eso practi cet
tepring sani any and eres serng, ection rae angen OF
{ny of tc forced porpons and shall nat hold the Bank Table for une
‘sowre of hs nfamation The Bank valssrlaioship vith Borower and
sella ues swe oem Borrower prnacy
127 Borower berhysutherncs the Bank o apps recovery agents and
thereby consents ad ares thatthe Bask hall be eile to dsclone wo uch
reeoety agent pce ll necessary and leven iframe 1
the Borfowersand the lan andthe oréwersbercy conse uth Ola
by the Bank. Notwsbstanding anything contained sn ths Agrecmont, ts
Sommers) expressly seeps ad arcs te nk (and ay ch covey
arent pry the Bank may apo o eam Bore and ses ll
‘rear ant ccant rm peng the omer
TSiserovtand en
2) Wahout prejudice 1© what és stated here, the Borrower Deteby expressly
gree and nis at the event of the Borowcefnting wo pay the amount
futstanding unde ‘ahuther as borower o¢
[srr terse a 1 ehh the
fr any of ws subsiryaflates may be ent By La, the Dark sal, wath
rcudice to any of is specific rights under any other agrees with the
Bostower. sok Uscrtion and without matic othe Horror, Bea it
snply any ice money or amounts standing te the credit Of the Hoersker ny
{ccount incline ike deposi account) af the Bortower (whether singly oF
Joi wal snother or others} wh the Bak or any of subst at
towards payment of the money ae tow the Borrower Te ngs of
Under this Agreement ate addtion to othe rights and remedies (nc
‘thot mation ater right a et oT wich the Bank may hare
les by In event of any third pay. imag any sattory muthorty or cour of In
fsseniny any nghis over any ofthe deposi, memes. secuntes and ase paced
‘wih the Bat. the Bank shall be ene to exereise ts nghts of hen and set-off
Fespect of the same and he roguired to preside 10 och thind pay aly ch
epost, moms. ste and secunties placed wih the Bank as wold be availa
ter seine ende depos, moms, secures and assets cc owas the sand dues
feu) whether any par eC a all of the said dues are By then
Snsen. crear not and whether actual contingent
6) Hany ofthe Borower Emits have more thn one areement with of have
Stared am ter fait fm the Bank of whaaccser ind and fn any of he
esac ov apc they Reve commed a reach ot deta then he Bank
far nega hen andthe gt chad on othe Vee Hypothecated Asst as
Secon fo ll ach Tutus ofthe Borer Ents perions rncdig under
{hand ether apreements and 16 act according) all he weet nr al the
freemen ever mam a he agreement the Borower hs pai of a es
fo heen have bere fe fom ay charge unde uch a a.
16) The bank has the excunve ght and soe discretion to appropriate all amounts
fecevsed from the Borower towards any of the agreements thatthe Borrower ot
fans of the Borer ents as entered nto notwithstanding the structions fom
1F5 of them vo the Bank to appropiate the money o'agaunst a particular agreement
rab thereunder
«1 The Bank shal! have ngh to apply ander appropriate andor set off any’ credit
balance of the Bertowerts) of any moms asses (ieluding but not
proper). assets secures. shaes. socks. and the
borrowers} coming inthe hands o the Bank towards repayment of Tosh under this
agreement of ay. other agreement upon occurence of the even! of defaul
Exeresc of any such night shal be binding onthe Borowerts.
1S. Force Majeure
‘The Borrower shall be lable te perform ofall its obligations at all pont of ine
tnd shall no delay postpone performance, its obligations in whole or in part even
fn the ground of any force majeure cvent such a acts of God, foods, cyclones
fariguakes tes. wat hl, stkes, order of governmental or other statory
Suthoriies national emergency. o any oer smilreauses,
16. GENERAL,
8) T&Cs binding onthe Borrower andthe Bank on and from the date
‘mentanes i te Sanction Leer
1) The Borower, shes legal lei, excewor, administrators and successors
stl be Bound by ths T &.© Incase of death ofthe Borower, the DPN given By
‘he Borrower wil be wvaked aga! hsher legal heirs and succes,
1 The Bury shal not be ented to asign fr rights and obligations
(tema ths Te © The Bank shall be ented to sell transfer atig, any oF
Aas ght. beneis, dates and obligations unclding. tights to receive
‘asullments and loan balance co oiber ent) and for such assignment, the
‘Bortowe shal perfur: obligations under Us TC to sch assignee
4) "The Bontowers undemabe’s to warrant and keep the Bank insused i
respec of breach of any ofthe TC. Sanction Leter, Appictim Form and any
ther documents submated by humiher (eolletely teferted av the Leen
©) The Bonower apres to eaccuc, deliver and perform, any and al further
{cb oF documents whic the Bask may teasonably tequire Wo effectuate the
Purponc of tin TC
fin cae the su oan is sourced tough Business Conespondent (BC),
‘Bank shall be responsi w addres the grievances of the Honowet ia slation o
act of commons und witout ofthe aid Bune falter coven
8) The orrower understands achnuledges and ages thatthe Fai le
‘commuted fasts. ate recallable by IDFC Bath on demand and may be
‘ancclled and fepudiatd shot a ehiely by IDF Bank atte thot
otice and wathout ang why Teason. Sanwa or part dinbutal of the fact
sould not be conaucd a pig tse wo Binding ug onthe pan of IDF
FIRST Bank provide the faciy enone utoerad, The Fact) mentioned
aforesaid wil be availble solely a IDC FIRST Bank's discretion und IDF
FIRST Bank will ot be habe for any ac taken bythe Boruc un the Basis of
ths sanctioned fay
1) The Borrower agrees. declare and confrme that, not
the prossion ofthe Indhan Contact Act 1872 ot any oer Law, amy terms and
‘condone to the contrary contained herein, the Bank may. at ie svelte
ereton. ape any payments made bythe Borrower under tht Terme 3nd
‘Conditions ar ethersie, towards the dues payable By the Borrower tothe Bank
‘unde this Terms and Conditions andr ether agreements entered into Between the
BBreower and the Bank nnd ia any manner whattoever
» Thereby provide the conten te pull my KYC details trom
‘CERSAI & PAN details from NSDL a8 and when required by the Bank for the
‘compliance
J) "TWe undenake and declare that there are any changes in the particulars
‘nd information given by me's while availing the Loan facility. We shall within
530 days from the date of any such change in the particulars and information shall
disclose the details of such changes tothe Bank without withholding the same
Ky Nom- Waiver: = Any onision or delay on the par of the Bank shall not be
