SANCTION LETTER

LOAN APPLICATION NUMBER: BL250307960423515

Date: 15-Mar-25
To,
RAJKUMAR TRADERS,
Current Address : 103/1B AGARAMEL, NAZARATHPETTAI TIRUVALLUR, CHENNAI, TAMIL NADU,
600123
Permanent Address: 103/1B AGARAMEL, NAZARATHPETTAI TIRUVALLUR, CHENNAI, TAMIL
NADU, 600123
Email id : [email protected]
Mobile Number : 8508888839
PAN : ACWPF3794L

FATHIMAMARY .
Current Address : PLT.NO.25 25, SARANYA NAGAR,,AGARAMEL,
NAZARATHPETTAI,CHENNAI,TAMIL NADU,600123
Email id : [email protected]
Mobile Number : 8508888839
PAN : ACWPF3794L

M L GUHAN
Current Address : PLT.NO.25 25, SARANYA NAGAR,AGARAMEL,
NASARATHPETTAI,CHENNAI,TAMIL NADU,600123
Email id : [email protected]
Mobile Number : 9884888839
PAN : AVMPG0979P

Current Address :
Email id :
Mobile Number :
PAN :

Current Address :
Email id :
Mobile Number :
PAN :

L&T Finance Limited

(formerly known as L&T Finance Holdings Limited)
Registered Office
Signature Not Verified
Brindavan, Plot no. 177, C.S.T Road, Signed by : DS L&T FINANCE LIMITED 1
Kalina, Santa Cruz (East) Reason : Sanction Letter T +91 22 6212 5000
Location : TAMIL NADU
Mumbai – 400098 Maharashtra, India Date : 2025-03-15 15:48:35 IST F +91 22 6212 7509
CIN: L67120MH2008PLC181833 E [email protected] www.ltfs.com
 INTERNAL

Current Address :
Email id :
Mobile Number :
PAN :

Current Address :
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PAN :

Current Address :
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PAN :

Current Address :
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Current Address :
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Dear Sir / Madam,

We are pleased to inform you that your loan application has been approved by L&T Finance Limited (formerly known as L&T
Finance Holdings Limited), and hereinafter referred as (“LTF/Lender”), subject to the following:

1) Key Facts Statement - Please find attached Annexure 1 which comprises of Key Facts Statement (“KFS”).
Annexure 1 further comprises of Schedule A i.e. Computation sheet of Annual Percentage Rate (APR), and
Schedule B i.e. Repayment Schedule.

2) Terms and Conditions - Please find attached Annexure 2 which comprises of Terms of Sanction.

Kindly note that any communication from the Lender to the Borrower shall be deemed to be a communication to be a
communication to the Co-borrower/s as well. It shall be the obligation of the Borrower to share all communication/documents
received from the Lender with the Co-borrower/s.

We look forward to a mutually beneficial and long-term relationship. We believe that our partnership will be built on the
principles of trust, transparency, and understanding. We are committed to providing you with the best possible service and support
to ensure that your loan experience is smooth and hassle-free.

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

By signing this sanction letter, you acknowledge that you have read, understood, and agreed to the terms and conditions outlined
above and in the Annexures. You also confirm that you have have/will provide all necessary information and documentation to
facilitate the disbursement of the loan.

We encourage you to reach out to us if you have any questions or concerns regarding your loan or any other matter. Our dedicated
customer service team is available at 1800-268-0000 or [email protected] to assist you at all times.

If you’re agreeable to the above terms and conditions, please sign and accept this sanction letter.

Regards,

L&T Finance Ltd.

(formerly known as L&T Finance Holdings Limited)

Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower

Authorised -2 -3 -4 -5 -6 -7 -8

Signatory

This is a system generated document. Therefore, the signature of L&T Finance Limited is not required.

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

ANNEXURE 1 - KEY FACTS STATEMENT

PART 1 (INTEREST RATE AND FEES/CHARGES)

1 Loan proposal/ account No. BL250307960423515 Type of Loan TERMLOAN

Purpose of Loan EXPAND
OPERATIONS FOR
BUSINESS
2 Sanctioned Loan amount (in Rupees) 2514981.00
Loan Amount to be disbursed 2514981.00
3 Disbursal schedule
(i) Disbursement in stages or 100% upfront. 100% upfront
(ii) If it is stage wise, mention the clause of loan
agreement having relevant details
4 Loan term (months) 36
5 Instalment details
Type of Number of EPIs EPI (₹) Commencement of repayment, post sanction
instalments
Monthly 36 90294.00 03-May-25
6 Interest rate (Annualized) 17.50 % p.a.
Type (fixed or floating or hybrid) Fixed

7 Additional Information in case of Floating rate of interest

Reference Benchmark Spread (%) (S) Final rate (%) R = Reset Impact of change in the
Benchmark rate (%) (B) (B) + (S) periodicity reference benchmark
(Months) (for 25 bps change in ‘R’,
change in:)
B S EPI (₹) No. of
EPIs
NA NA NA NA NA NA NA NA
8 Fee/ Charges
Payable to the Lender (A) Payable to a third party through the Lender (B)

One-time/ Amount (in ₹) or One- Amount (in ₹) or Percentage (%) as

Recurring Percentage (%) as time/Recurrin applicable5
applicable g
(i) Processing One-time 59353.55 NA NA
fees *
Non-
Refundable
(ii) Insurance NA NA One -time
charges 0.00
(i) Health
Insurance 14981.00
(ii) Life
Insurance

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

(iii) EMI Co-

Protect 0.00
Plan
(iii) Valuation NA NA NA NA
fees
(iv) Broken One-time 23032.00 NA NA
Period
Interest in
Rs.
(Tentative)
9 Annual Percentage Rate 20.36 % p. a.
(APR) (%)
10 Details of Contingent Charges (in ₹ or %, as applicable)
(i) Penal charges, if any, in case of delayed payment 2% p.m. on overdue amounts + applicable
taxes
(ii) Other penal charges, if any NA
(iii) Foreclosure charges, if applicable For Term Loan:
Foreclosure not allowed till payment of
the 6th EMI/ instalment. Post 6 th EMI:
5% + GST if applicable on outstanding
amount for Term Loan on the date of
such foreclosure
Prior to 6 months of disbursement: 10%
+ GST if applicable on outstanding
amount
For Dropline Overdraft / Hybrid
Overdraft:
Foreclosure not allowed till payment of
the 6th EMI/ instalment. Post 6 th EMI:
5% + GST if applicable on
Dropline/Hybrid limit amount on the
date of such foreclosure
Prior to 6 months of disbursement: 10%
+ GST if applicable on Dropline/Hybrid
limit amount on the date of such
foreclosure
(iv) Charges for switching of loans from floating to fixed rate and vice versa NA
(v) Part Prepayment charges Term Loan:
Part Prepayment not allowed till payment
of the 6th EMI
Post 6th EMI: 2% + applicable taxes, if
applicable on the amount prepaid
Dropline / Hybrid Overdraft:
No charges applicable.
Part prepayment of Loan will not amount
to limit reduction

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

(vi) Payment Mandate Dishonor /Bounce Charges

Loan sanction Charges in Rs.

amount in Rs.
< 5 lacs 500

5 – 50 Lacs 1000

>50 Lacs – 2 Cr 1500

>2 Cr 2000

(vii) Mandate Swap Charges Physical mandate at a charge of Rs.500/-

+ GST, if applicable No charges for
electronic mandates
(viii) Statement of account/ Repayment Schedule/ No Dues Certificate/ Interest Physical copy at a charge of Rs.500/- +
Certificate GST, if applicable, per
statement/letter/certificate. No charges
for digital copies
(viii) Annual Maintenance Charges for Dropline / Hybrid Overdraft Facility 0.5% +GST if applicable, on the
Dropline/ Hybrid limit
(starting from 13th Instalment and every
anniversary thereafter)

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

PART 2 (OTHER QUALITATIVE INFORMATION)

1 Clause of Loan agreement relating to engagement of In the event of default, the Lender shall communicate to the
recovery agents Borrower by the way of SMS or Email the details of
recovery agent who is authorised by the Lender to approach
the Borrower for recovery of Loan.
2 Clause of Loan agreement which details grievance The Lender has designated a grievance redressal officer to
redressal mechanism redress the grievances of the Borrower. The details of the
grievance redressal mechanism and the grievance redressal
officer will be provided in the Annexure 2 of the Sanction
Letter
For further details, refer to the GRO Link:
https://www.ltfs.com/grievance-redressal

3 Phone number and email id of the nodal [email protected]

grievance redressal officer 1800 1020 476
4 Whether the loan is, or in future maybe, subject to Yes
transfer to other Lenders or securitization (Yes/ No)
5 In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing), following additional
details may be furnished:
Name of the originating Lender, Name of the partner Lender along with Blended rate of interest
along with its funding proportion its proportion of funding
NA NA NA

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

SCHEDULE A - COMPUTATION OF APR

Sr. No. Parameter Details

1 Loan amount (in Rupees) 2514981.00
2 Loan Term (months) 36
a) No. of instalments for payment of principal, in case of non -
equated periodic loans (dropline/hybrid OD) NA

b) Type of EPI
MONTHLY
Amount of each EPI (in Rupees) and
90294.00
nos. of EPIs
36
c) No. of instalments for payment of capitalised interest, if any NA
d) Commencement of repayments, post sanction 03-May-25
3 Interest rate type (fixed or floating or hybrid) Fixed
4 Rate of Interest 17.50 % p.a.
5 Total Interest Amount to be charged during the entire tenor of the
loan as per the rate prevailing on sanction date (in Rupees) 735603.00
6 Fee/ Charges payable (in Rupees) 97366.55
A Payable to the RE 82385.55
B Payable to third-party routed through RE 14981.00
C Total Outstanding from previous loan 0.00
7 Net disbursed amount (in Rupees) 2417614.00
8 Total amount to be paid by the borrower (in Rupees) 3250584.00
9 Annual Percentage rate- Effective annualized interest rate (in
percentage) 20.36% p.a.

10 Schedule of disbursement as per terms and conditions One-time disbursement

11 Due date of payment of instalment and interest 03-May-25 and monthly
thereafter

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

SCHEDULE B

REPAYMENT SCHEDULE

Instalment No. Outstanding Principal (in Interest (in Instalment (in Rupees)
Principal (in Rupees) Rupees) Rupees)
1 2461364.79 53616.21 36676.81 90293.01
2 2406966.68 54398.11 35894.90 90293.01
3 2351775.26 55191.42 35101.60 90293.01
4 2295778.97 55996.29 34296.72 90293.01
5 2238966.07 56812.90 33480.11 90293.01
6 2181324.64 57641.42 32651.59 90293.01
7 2122842.61 58482.03 31810.98 90293.01
8 2063507.72 59334.89 30958.12 90293.01
9 2003307.53 60200.19 30092.82 90293.01
10 1942229.42 61078.11 29214.90 90293.01
11 1880260.58 61968.83 28324.18 90293.01
12 1817388.03 62872.55 27420.47 90293.01
13 1753598.59 63789.44 26503.58 90293.01
14 1688878.89 64719.70 25573.31 90293.01
15 1623215.36 65663.53 24629.48 90293.01
16 1556594.24 66621.12 23671.89 90293.01
17 1489001.56 67592.68 22700.33 90293.01
18 1420423.15 68578.41 21714.61 90293.01
19 1350844.64 69578.51 20714.50 90293.01
20 1280251.44 70593.20 19699.82 90293.01
21 1208628.76 71622.68 18670.33 90293.01
22 1135961.59 73726.91 17625.84 90293.01
23 1062234.68 73726.91 16566.11 90293.01
24 987432.59 74802.09 15490.92 90293.01
25 911539.63 75892.95 14400.06 90293.01
26 834539.90 76999.73 13293.29 90293.01
27 756417.26 78122.64 12170.37 90293.01
28 677155.34 79261.93 11031.09 90293.01
29 596737.50 80417.83 9875.18 90293.01
30 515146.91 81590.59 8702.42 90293.01
31 432366.46 82780.45 7512.56 90293.01
32 348378.79 83987.67 6305.34 90293.01
33 263166.30 85212.49 5080.52 90293.01
34 176711.12 86455.17 3837.84 90293.01
35 88995.15 87715.98 2577.04 90293.01
36 0.00 88995.15 1297.85 90293.01
37
38
39
40
41
42
43

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

ANNEXURE 2

TERMS AND CONDITIONS

The Lender offers various schemes of the loan, being Term Loan, Dropline Overdraft and Hybrid Overdraft (referred to as “the
Loan” where the context so required). The terms applicable to each scheme are provided below:

a) Term Loan: If the Borrower avails the loan by way of a term loan, then:

1. the Lender shall disburse entire amount of the Loan to the Borrower in lumpsum the repayment of which will be
in form of EMIs comprising of both principal and interest as stated in the repayment schedule being Schedule B
of Annexure 1.
2. the interest shall be calculated upon the outstanding amount of the Term Loan at the rate specified in the
Annexure 1.
3. foreclosure or part prepayment of the Term Loan can be made only after the payment of the 6th EMI along with
the payment of the entire balance amount or part prepayment amount, as applicable and the foreclosure or part
prepayment charges as set out in the Annexure 1. However, foreclosure may be allowed prior to payment of the
6th EMI on a case-to-case basis subject to the applicable charges as set out in Annexure 1.
4. in case of part prepayment, the maximum amount which can be prepaid at a time shall not exceed 20% of the
outstanding amount of the Term Loan, and such part prepayment can be done only once on the dates falling
between each anniversary of the date of disbursement of the Term Loan. Such part prepayment will reduce the
EMI amount and not the tenure of the Term Loan.
5. An amount towards interest for period between the date of disbursement of the Loan and the first date of interest
start date as mentioned in the Repayment Schedule (hereinafter “Broken Period Interest/BPI”) shall be
deducted at the time of disbursement along with a simultaneous credit adjustment of the interest calculated on
the BPI amount for period between the date of disbursement of the Loan and the BPI due date.

b) Dropline Overdraft: If the Borrower avails the loan by way of a dropline overdraft, then
1. the Lender shall disburse entire amount of Loan in lumpsum, with the maximum permitted outstanding limit of the
Loan reducing on a month-to-month basis (“the Dropline Limit”).
2. the interest, calculated on the daily maximum outstanding amount of the Loan and billed monthly, will be at the rate
specified in the Annexure 1.
3. Repayment Instalment shall comprise of the Interest payable on the entire outstanding amount of the Loan. In the
event of the outstanding loan exceeding the Dropline Limit, the repayment terms will be adjusted accordingly. If the
outstanding amount of the Loan exceeds the Dropline Limit, the repayment installment shall include the principal
amount exceeding the Dropline Limit and the entire interest payable on such due date, payable by the Borrower. The
Dropline Limit shall be reset on the last day of the previous month.
4. During the tenure of the Loan, the Borrower is entitled to multiple withdrawals and repayments such that the
maximum amount of Loan outstanding at any time does not exceed the Dropline Limit applicable for that month.
Any such repayments shall not amount to reduction of the Loan / Dropline Limit. Further, part prepayment shall not
be allowed on the same day on which the Borrower has made a withdrawal of the Loan.
5. for providing the above facility of multiple withdrawals, repayments, and further withdrawals, the lender will charge
an annual maintenance charge to the borrower, as per terms set out in the Annexure 1. Further, part prepayment shall
not be allowed on the same day on which the Borrower has made a withdrawal of the Loan.
6. the Repayment Schedule shall be redrawn after every withdrawal and repayment of the Loan.
7. the Dropline Limit can be foreclosed only after the payment of the 6th Instalment, upon payment of the entire
balance amount, and the foreclosure charges as set out in the Annexure 1. However, foreclosure may be allowed on
an exception basis prior to payment of the 6th EMI subject to the applicable charges as set out in Annexure 1.

c) Hybrid Overdraft: If the Borrower avails the loan by way of a Hybrid Overdraft, then

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

1 The Lender shall disburse entire amount of Loan in lumpsum. The Loan shall comprise of a maximum permitted
outstanding limit which shall remain static during the initial tenure and shall reduce on a month-to-month basis
for the Subsequent Tenure (these limits being “the Hybrid Limit”). The Hybrid Limit for the Loan shall be set
out in the Repayment Schedule.
2 The interest, calculated on the daily maximum outstanding amount of the Loan and billed monthly, will be at the
rate as set out in Annexure 1 of the Sanction letter.
3 Repayment Instalment shall comprise of the Interest payable on the entire outstanding amount of the Loan. In
the event that the outstanding amount of the Loan exceeds the Hybrid Limit, the repayment Instalment payable
by the Borrower shall include the principal amounts exceeding the Hybrid Limit and the entire Interest payable
on such due date. The Hybrid Limit shall be reset on the last day of the previous month.
4 during the entire Tenure of the Loan, the Borrower is allowed to multiple withdrawals, repayments, and further
withdrawals such that the maximum amount of Loan outstanding at any time does not exceed the Hybrid Limit
applicable for that month. Any such repayments shall not amount to reduction of the Loan/ Hybrid Limit.
Further, part prepayment shall not be allowed on the same day on which the Borrower has made a withdrawal of
the Loan.
5 for providing the above facility of multiple withdrawals, repayments, and further withdrawals, the lender will
charge an annual maintenance charge to the borrower, as per terms set out in the Annexure 1.
6 The Hybrid Limit applicable for each month will be set out in the Schedule B of Annexure 1.
7 If the outstanding loan balance exceeds the Hybrid Limit at any time, the borrower must repay the principal
amount exceeding the Hybrid Limit, plus the interest accrued on that amount.
8 the repayment schedule shall be redrawn after every withdrawal and repayment of Loan.
9 In case of Hybrid OD, the actual instalment amount shall be the instalments due for the payment due dates of the
subsequent tenure.
10 the Hybrid Limit can be foreclosed only after the payment of the 6th instalment upon payment of the entire
balance amount, and the foreclosure charges as set out in the Annexure 1. However, foreclosure may be allowed
on an exception basis prior to payment of the 6th EMI subject to the applicable charges as set out in the table
above.

The Borrower agrees and confirms that the Borrower understands the features of scheme / Loan as applicable to the
Borrower and shall comply with terms thereof.

3) Classification of Assets & Example of SMA/NPA classification

Notwithstanding any other provisions of the sanction letter or the Loan Agreement and any rights available to the Lender under the
applicable laws, the Lender shall, in compliance with RBI’s Clarification on Prudential norms on Income Recognition, Asset
Classification and Provisioning pertaining to Advances dated November 12, 2021 as amended from time to time and /or as required/
directed by RBI (“RBI IRACP Norms”), classify and notify the Loan as an overdue account under day-end processes on the due
date as per Lender’s internal processes.
Additionally, subject to the RBI IRACP Norms and applicable laws, as per the RBI IRACP Norms and applicable laws, the Lender
shall classify the Loan as SMA or NPA on the relevant due date in accordance with the day-end process followed by the Lender.
The SMA or NPA classification date and asset classification status of the Loan shall be as on the date of the Lender’ day-end
process for the said Loan.

For the purpose of clarity, an example is provided below:

“If the due date of a loan account is March 31, 2021, and full dues are not received before the lending institution runs the day-
end process for this date, the date of overdue shall be March 31, 2021. If it continues to remain overdue, then this account shall
get tagged as SMA-1 upon running the day-end process on April 30, 2021, i.e., upon completion of 30 days of being continuously
overdue. Accordingly, the date of SMA-1 classification for that account shall be April 30, 2021. Similarly, if the account continues
to remain overdue, it shall get tagged as SMA- 2 upon running day-end process on May 30, 2021, and if it continues to remain
overdue further, it shall get classified as NPA upon running day-end process on June 29, 2021."

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

Upgradation of the account classified as NPA - loan accounts classified as NPAs may be upgraded as ‘standard’ asset only if the
entire arrears of interest and principal are paid by the Borrower.

4) Schedule of Charges - To get information on the fees & charges applicable for your loan account, you can also click on
https://bit.ly/Updated_SOC

5) Privacy Policy

This is the Data privacy Policy. For more information, kindly refer to the link provided - https://www.ltfs.com/docs/default-
source/default-document-library/data-privacy-policy.pdf?sfvrsn=729aba03_1

6) Repayment Schedule and Repayment Instalment

The repayment Schedule is drawn based on the terms and provided in Annexure 1 and is shared with the Borrower along with the
welcome kit after disbursement of the Loan. The frequency of the repayment is on monthly basis.

The Borrower may voluntarily choose to pay the EMI(s) in advance/any amount prior to the due date. If such amount is equal to
or more than the EMI, the same shall be appropriated by the Lender towards the next EMI/charges. In case, such amount is lesser
than the EMI amount, the same shall be appropriated by the Lender towards the charges due, if any. In case no charges are due,
such amount will be refundable to the Borrower. The Lender shall not be liable to pay any interest on any such amounts paid in
advance.

7) Consent

The Borrower hereby provides its consent to the Lender, its employees, representatives and/or its agents: (i) to share, the
information and details of the Borrower, including repayment history, for the purposes of customer verification, personalization of
products or services, credit rating, data enrichment, marketing or promotion of the Lender’s or related products, with its group
companies, service providers, partners, banks, financial institutions, credit bureaus, statutory authorities and regulatory bodies,
etc., (ii) to download and use its “Central Know Your Customer” (CKYC) record from the Central KYC Records Registry using
its KYC Identifier for fulfilling KYC requirements, (iii) to process the personal information, including when obtained via KYC/e-
KYC process, images and video data and images of my surroundings captured therein, for a period of 5 (five) years or as per the
applicable law from the date of termination or expiry of this Agreement, and (iv) to call/ SMS/Email/ WhatsApp/Telegram, etc.
the Borrower in relation to this Loan and/or other products/ services offered by the Lender and/or its partners. This consent
overrides/ cancels the registration of the Borrower with the & National Do No Call Registry (NDNC) or “Do Not Disturb” (DND)
service, with respect to the Lender, its employees, representatives and/or its agents. This consent is subject to the Lenders’ privacy
policy published/revised/amended on our website www.ltfs.com.

The Borrower authorizes the Lender to destroy the cheque(s) (if any) in the possession of the Lender upon repayment of the Loan
together with all costs, charges and expenses, by the Borrower to the satisfaction of the Lender.

8) Insurance (This clause shall be applicable only if the Borrower has opted for insurance)

The Borrower has opted to buy insurance from the Lender's insurance partner(s) with funding from the Lender as stated herein.

9) Legal Entity Identifier (LEI)

Legal Entity Identifier (“LEI”) code shall be submitted by applicable Borrowers as per regulatory guidelines. In case the
Borrower fails to obtain LEI codes, such Borrowers shall not be sanctioned any new exposure nor shall be granted any
renewal/enhancement of existing exposure and non-availability of LEI code shall lead to cancellation of undrawn limit.

10) Interest Rate Determination

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
 INTERNAL

To get information on the Interest rate model and gradation of risk, click https://bit.ly/LTF_InterestRateModel

11) Compliance

The disbursement of the loan shall be subject to acceptance of the terms mentioned herein including the annexures hereof, the
execution of Loan Agreement, or any other documents as advised by the Lender and compliance of the terms and conditions
therein. Further, the Lender reserves the right, without assuming any liability and without any prior notice, to cancel the loan if the
requisite compliance (including documents) as communicated by the Lender are not complied with.

12) Disbursement

The loan will be disbursed subject to the execution of a Loan Agreement or other documents as advised by us. Please submit your
post sanction documents for disbursement. It is also agreed between the parties that the Annualised Percentage Rate (APR) may
vary by +2% depending on actual date of disbursement.

13) Customer Service

For any service-related requirement, you may reach out to our dedicated customer service help desk at 1800-268-0000 or
[email protected].

14) Grievance Redressal

In case you are not satisfied with the resolution offered, you may further reach out to us at https://www.ltfs.com/grievance-
redressal.

15) Validity of Sanction Letter

The sanction letter is valid for 30 Days from the date of first login i.e. 15-Mar-25 of application no. BL250307960423515.

DISCLAIMER: Please note that Lender never asks for payment of any commission/charges for applying for any type of loan.
Neither of the employees, or its agents or any other person are in any way AUTHORIZED to ask for cash/ online payment for
applying loan. Please do not make any payment to any personal QR codes or links without receipt from authorized staff of the
Lender. Please note the Lender shall not be responsible for any such payment transactions made to any personal QR codes or links
if they are not received from any authorized staff.

Terms and Conditions apply. Credit is at the sole discretion of L&T Finance Limited.

Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower Co-Borrower

Authorised -2 -3 -4 -5 -6 -7 -8

Signatory

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST
INTERNAL

Signature Not Verified

Signed by : DS L&T FINANCE LIMITED 1
Reason : Sanction Letter
Location : TAMIL NADU
Date : 2025-03-15 15:48:35 IST