Application ID - 304250728063878

CRM Application Number- 41055832

ARRANGEMENT LETTER
To be addressed to both 1st and 2nd applicant
Arrangement Letter
(For financing Two Wheelers / Cars)

To,
Mr. Sadu Srikanth
S O SRINIVASA RAO, S O SRINIVASA RAO, PODILI,
PRAKASAM, ANDHRA PRADESH, PIN- 523226

Ms. Achhakala Sumalika

2 121 DINNEPURAM STREET,
2 121 DINNEPURAM STREET, PODILI, PRAKASAM,
ANDHRA PRADESH,
PIN- 523226

Ref No: 304250728063878 Date: 28/07/2025

Dear Sir/Madam,
Personal Segment Auto Loan/SBI Car Loan
Loan for purchase of MARUTI, WAGONR, VXI, Term Loan of Rs. ₹ 800000.

With reference to your application dated 28/07/2025 ,we hereby sanction you a Term Loan of ₹
800000/- (Rupees eight lakh only) on the following terms and conditions:

1.Purpose :
The Loan is sanctioned to you for the purpose of puchase of MARUTI, WAGONR, VXI,2025

2.Margin : 9.73%

3.RATE OF INTEREST

*FIXED RATE OF INTEREST (FOR FIXED INTEREST CAR LOAN PRODUCT)

Interest on the loan will be charged at 9.25% p.a., on daily reducing balance at monthly rests which is
0.45% above the ONE-YEAR Marginal Cost of Funds Based Lending Rate (MCLR) which is at
present 8.80% p.a. The rate of interest viz, 9.25% p.a. will be valid for the entire tenor of the loan. In
the event of default in payment of any instalment or any irregularity in the loan account,penal charges
at following rate will be applicable:
a) Irregularity up to 60 Days: 2.40% per annum on the irregular portion for the period of irregularity.
b) Continuous irregular for a period beyond 60 days: 5% per annum on the outstanding for the period
of irregularity.
*(To be deleted where floating rate of interest is applicable)

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*FLOATING RATE OF INTEREST
Interest on the loan will be charged at % p.a. over the Marginal Cost of Funds Based Lending Rate
(MCLR) which is at present % p.a., the current effective rate being % p. a. calculated on daily balance
of the loan amount at monthly rests, subject to reset at the end of from the date of first disbursement
as per the prevailing MCLR. Future reset dates and interest rates shall be determinded accordingly.
The Marginal Cost of Funds based Lending Rate (MCLR) prevailing on the date of first disbursement,
shall be applicable till the next reset date, irrespective of the changes in the benchmark during the
interim. The Bank shall at any time and from time to time be entitled to vary the Margin (spread) and
MCLR at its discretion. Depending on variation of MCLR and spread, the effective rate of interest shall
vary periodically and the borrower shall be liable to pay the effective rate of interest as on the agreed
date of reset or change in the spread as the case may be. In the event of default in payment of any
instalment or any irregularity in the loan account, penal charges at following rate will be applicable:
a) Irregularity up to 60 Days: 2.40% per annum on the irregular portion for the period of irregularity.
b) Continuous irregular for a period beyond 60 days: 5% per annum on the outstanding for the period
of irregularity.
*(To be deleted where fixed rate of interest is applicable).
The Borrower/ Co-borrower shall be deemed to have notice of changes in the rate of interest
whenever the changes in the MCLR Rate are displayed / notified at / by the Bank / published in the
newspapers / in the website of the Bank/ made through entry of interest charged in the passbook /
statement of accounts sent to the Borrower/ Co-borrower etc. and you are liable to pay such revised
rate of interest. The Bank has option to reduce or increase the EMI or extend the repayment period
consequent upon changes in interest rate.

4. Repayment :
The borrower shall repay to the Bank, the amount of loan and interest thereon in equated monthly
instalment as under

Regular Repayment:
Equated Monthly Instalment of Rs 12973 each commencing from the month of AUG-2025 till the
entire loan with interest is fully repaid.

The first installment commences from the month following the month of disbursement of loan.
Whereever repayment is through post-dated cheques, the cheque should be dated prior to the EMI
Due date of every month.
The first due date for repayment of EMIs shall fall AUG-2025 and the subsequent instalments on or
before the same date of each succeeding month thereafter, till the entire loan is fully repaid with the
interest and other unpaid penalty, costs, charges and expenses.The tentative breakup between
principal and interest for the tenure of the loan shall be as under:

Repayment schedule:
Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

07-08-25 6806.33 6166.67 12973

07-09-25 6858.8 6114.2 12973

07-10-25 6911.67 6061.33 12973

07-11-25 6964.95 6008.05 12973

07-12-25 7018.63 5954.37 12973

07-01-26 7072.74 5900.26 12973

07-02-26 7127.26 5845.74 12973

07-03-26 7182.19 5790.81 12973

07-04-26 7237.56 5735.44 12973

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Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

07-05-26 7293.35 5679.65 12973

07-06-26 7349.57 5623.43 12973

07-07-26 7406.22 5566.78 12973

07-08-26 7463.31 5509.69 12973

07-09-26 7520.84 5452.16 12973

07-10-26 7578.81 5394.19 12973

07-11-26 7637.23 5335.77 12973

07-12-26 7696.1 5276.9 12973

07-01-27 7755.43 5217.57 12973

07-02-27 7815.21 5157.79 12973

07-03-27 7875.45 5097.55 12973

07-04-27 7936.16 5036.84 12973

07-05-27 7997.33 4975.67 12973

07-06-27 8058.98 4914.02 12973

07-07-27 8121.1 4851.9 12973

07-08-27 8183.7 4789.3 12973

07-09-27 8246.78 4726.22 12973

07-10-27 8310.35 4662.65 12973

07-11-27 8374.41 4598.59 12973

07-12-27 8438.96 4534.04 12973

07-01-28 8504.01 4468.99 12973

07-02-28 8569.56 4403.44 12973

07-03-28 8635.62 4337.38 12973

07-04-28 8702.19 4270.81 12973

07-05-28 8769.27 4203.73 12973

07-06-28 8836.86 4136.14 12973

07-07-28 8904.98 4068.02 12973

07-08-28 8973.62 3999.38 12973

07-09-28 9042.79 3930.21 12973

07-10-28 9112.5 3860.5 12973

07-11-28 9182.74 3790.26 12973

07-12-28 9253.53 3719.47 12973

07-01-29 9324.85 3648.15 12973

07-02-29 9396.73 3576.27 12973

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Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

07-03-29 9469.17 3503.83 12973

07-04-29 9542.16 3430.84 12973

07-05-29 9615.71 3357.29 12973

07-06-29 9689.83 3283.17 12973

07-07-29 9764.53 3208.47 12973

07-08-29 9839.79 3133.21 12973

07-09-29 9915.64 3057.36 12973

07-10-29 9992.08 2980.92 12973

07-11-29 10069.1 2903.9 12973

07-12-29 10146.71 2826.29 12973

07-01-30 10224.93 2748.07 12973

07-02-30 10303.75 2669.25 12973

07-03-30 10383.17 2589.83 12973

07-04-30 10463.21 2509.79 12973

07-05-30 10543.86 2429.14 12973

07-06-30 10625.14 2347.86 12973

07-07-30 10707.04 2265.96 12973

07-08-30 10789.57 2183.43 12973

07-09-30 10872.74 2100.26 12973

07-10-30 10956.55 2016.45 12973

07-11-30 11041.01 1931.99 12973

07-12-30 11126.12 1846.88 12973

07-01-31 11211.88 1761.12 12973

07-02-31 11298.31 1674.69 12973

07-03-31 11385.4 1587.6 12973

07-04-31 11473.16 1499.84 12973

07-05-31 11561.6 1411.4 12973

07-06-31 11650.72 1322.28 12973

07-07-31 11740.53 1232.47 12973

07-08-31 11831.03 1141.97 12973

07-09-31 11922.22 1050.78 12973

07-10-31 12014.12 958.88 12973

07-11-31 12106.73 866.27 12973

07-12-31 12200.06 772.94 12973

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Due Date Amount to be repaid*

Principal Due Projected Interest Total Repayment

07-01-32 12294.1 678.9 12973

07-02-32 12388.87 584.13 12973

07-03-32 12484.36 488.64 12973

07-04-32 12580.6 392.4 12973

07-05-32 12677.57 295.43 12973

07-06-32 12775.29 197.71 12973

07-07-32 12872.97 100.03 12973

* Based on existing interest rate.

Frequency of repayment: Monthly
Wherever repayment is through post-dated cheques, the cheque should be dated prior to the 07th of
every month.

Moratorium period for payment of principal and or interest.*

Date of commencement
Moratorium period Start Date End Date of repayment

NA

*This clause will be included wherever applicable.

5. Pre-payment charges :

(a).For Fixed Interest Rates under noted charges will be levied:

(i) Prepayment charges : NIL.

(ii)Foreclosure charges 2%+GST on the theo balance will be levied if, account closed within 2 year
from the disbursement of loan.

6. Security :

The loan will be secured by:

(a). Hypothecation of the aforesaid two wheeler/car purchased out of the loan amount in favour of the
Bank. Noting of Bank's hypothecation charge in the Books of the RTO and the Registration Book will
be essential in respect of finance for two/four wheeler vehicles. You will also be required to furnish a
copy of the Registration Book for Bank's record after recording Bank's hypothecation charge therein
by the RTO.
(b). Third party guarantee of ________________________________________________________*
(c). Pledge of the securities listed hereunder ___________________________________________*

7. Insurance:
i. New vehicle should be insured for 95% of Ex-showroom price irrespective of loan amount.
ii. In case of old/used vehicles, IDV (Insured Declared Value) as prescribed by IRDAI to be used for
insurance of vehicles.
Bank's hypothecation charge is to be noted on the insurance policy and a copy of the policy is to be
delivered to the bank.

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You shall indemnify Bank for any claim/loss that bank may suffer due to your failure to keep the
vehicle insured at all times during the term of the loan account.
The Borrower shall always be responsible to ensure that the insurance policy in respect of the
hypothecated assets remains valid till all the dues of the Bank are repaid and to keep such insurance
policy renewed each year. The Bank shall not be liable for any consequences arising from non-
renewal of insurance in any year, even if the bank has in any previous year renewed the insurance of
the hypothecated assets by debiting the borrower's account for failure of the borrower to renew such
insurance policy.

8. Inspection (for vehicles):

The Bank reserves its rights to inspect the vehicle and registration documents at regular intervals.

9.Legal and other expenses, etc. :

(a) All expenses like valuer's fees, insurance premia, stamp duty, registration charges,registration /
hypothecation verification charges, SMS and Tele-calling charges and other incidental expenses
incurred in connection with the loan are to be borne by you.
b) In the event you fail to repay any instalments at any point of time, the bank may send written
reminders or make tele-call/SMS, depute an official to meet the borrower personally, all the incidental
charges appurtenant there to such as postage, telephone, SMS charges, transportation charges, on
actual would be recovered from you.

c) Delay in registration of vehicle or noting of hypothecation:

(i) In the event of delay in registration / noting the hypothecation lien of the Bank with the Registering
Authority and non-submission of the same to the Bank within 120 days from the date of disbursement,
the Bank shall be entitled to charge Rs.2,500/- (plus Goods and Services Tax) per month till the date
of submission.
(ii) The above-mentioned charge of Rs. 2500/- + GST will be levied for next 8 (12 months from the
date of disbursement) months or up to the date of submission, whichever is earlier.
(iii) In case of non-submission after 12 months from the date of disbursement, the rate of interest will
be charged at prevailing interest rate as applicable over a Clean Overdraft account, as may be
prescribed by the Bank. Present Clean Overdraft rate of interest is 18.05% (8.8% above
EBLR(9.25%)).
(iv) In case of non-submission after 18 months from the date of disbursement, entire outstanding of
the loan shall become due and payable forthwith. In such case,the account may be recalled by the
Bank and legal action including recovery proceedings may be initiated against the borrower and
guarantors, if any.

d) Charges relating to Documentation, CIBIL check, Loan Cancellation, Cheque/ECS Swap,

Amortization schedule, NOC for conversion from Petrol to LPG/CNG, duplicate NOC, Revalidation of
NOC, Loan re-schedulement, conversion from floating to fixed interest rate or vice versa will be
recovered from you.
10.Processing charges:
Processing charges of ₹ 738 (Rupees seven hundred thirty eight only) are payable immediately.

11.Disbursement:
The loan amount will be disbursed by means direct to the account of the supplier/dealer after
execution of prescribed security documents. Please call on us on any working day to execute the
documents. The loan is also subject to other terms and conditions as mentioned in the documents(s)
executed/to be executed in connection with the loan/overdraft and as may be prescribed by the Bank
from time to time. The duplicate copy of this arrangement letter may please be returned to us duly
signed by you and guarantor(s) in token of acceptance of the terms and conditions detailed herein
within a period of 45 days from the date of this letter.

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12.Example of SMA/NPA Classification dates.
Loans other than revolving facilities
Basis of classification – Principal or interest
SMA Sub- categories payment or any other amount wholly or partially
overdue.

SMA-0 Up to 30 days

SMA-1 More than 30 days and up to 60 days

SMA-2 More than 60 days and up to 90 days

Example:
If due date of repayment of a loan account is March 31,2022, and full dues are not received before
the Bank runs the day-end process for this date, the date of overdue shall be March 31,2022.
If it continues to remain overdue, then this account shall get tagged as SMA-1 upon running
day-end process on April 30,2022 i.e., upon completion of 30 days of being continuously overdue.
Accordingly, the date of SMA-1 classification for that account shall be April 30,2022.
Similarly, if the account continues to remain overdue, it shall get tagged as SMA-2 upon running day-
end process on May 30,2022 and if continues to remain overdue further, it shall get classified as NPA
upon running-end process on June 29,2022

Yours faithfully,
Branch Manager

(* Delete whichever not applicable)

Received the original.

Terms and conditions accepted

Borrower(s)

Date:
Mr. Sadu Srikanth

S O SRINIVASA RAO, S O SRINIVASA RAO, PODILI, PRAKASAM,

ANDHRA PRADESH, PIN- 523226
Signature Not Verified Signature Not Verified
Digitally signed by SADU SRIKANTH Digitally signed by ACHHAKALA
Date: 2025.07.28 18:14:05 IST SUMALIKA
Terms and conditions
Reason: Agreement Executed accepted Date: 2025.07.28 18:16:28 IST
Location: Andhra Pradesh Reason: Agreement Executed
Location: Andhra Pradesh
Co-Borrower(s)
Date:

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Ms. Achhakala Sumalika
2 121 DINNEPURAM STREET,
2 121 DINNEPURAM STREET, PODILI, PRAKASAM,
ANDHRA PRADESH,
PIN- 523226
Terms and conditions accepted

Guarantor(s)
Date:

(All pages of this Arrangement Letter are required to be stamped and initialled by the Bank. All pages
of the copy returned by the borrower are required to be signed by borrower and is to be retained with
the document.)

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 e-Stamp
INDIAN – NON JUDICIAL
GOVERNMENT OF ANDHRA PRADESH
e-Stamp

Certificate No IN-AP12181776716538X

Certificate Issue Date 28-Jul-2025 06:06 PM

Account Reference No NESL (CR)/ APSHCIL10/ AP-KSN/ AP-VJW/APONLINENESLUSER

Unique Doc. Reference AP1159INESL2025209879720
Purchased by STATE BANK OF INDIA

Consideration Price (Rs) 800000.00

First Party STATE BANK OF INDIA
Second Party SADU SRIKANTH

Stamp Duty Paid By STATE BANK OF INDIA

Stamp Duty Amount (Rs) 4100.00

Description of Doc. Article RG7(b)(i) Agreement relating to pawn, pledge or hypothecation of

movable property where such pawn pledge or hypothecation has been made by
way of security for the repayment of money advanced or to be advanced by way
of loan or an existing or future debt if such loan or debt is repayable on demand
or more than three months from the date of the instrument, evidencing the
agreement

QR
 Certificate Number: IN-AP12181776716538X

Application ID - 304250728063878
LOAN -CUM- HYPOTHECATION AGREEMENT
(To be stamped as Deed of Hypothecation and Agreement in accordance with the Stamp Act of the
state in which the document is executed. Not to be attested.)
The State Bank of India having its Branch Office at KURNOOL ROAD BRANCH (Hereinafter called
the Bank which expression shall include its successors and assigns) having at the request of Shri /
Smt. / Kum Mr. Sadu Srikanth Son/Daughter/Wife of Mr. Srinivasa Rao at present aged around 35
Years 03 Months and residing at S O SRINIVASA RAO, S O SRINIVASA RAO, PODILI,
PRAKASAM, ANDHRA PRADESH, PIN- 523226 (hereinafter, called (the 1st applicant) which
expression shall include His / her respective heirs, executors, administrators and assigns)
and Shri / Smt. / Kum Ms. Achhakala Sumalika Son/Daughter/Wife of Ms. W/O S Srikanth Sumalika at
present aged around 28 Years 06 Months and residing at 2 121 DINNEPURAM STREET,
2 121 DINNEPURAM STREET, PODILI, PRAKASAM,
hereinafter referred to as borrowers, agreed to grant to the Borrowers a loan of ₹800000 (Rupees
eight lakh only) to enable the Borrowers to purchase a 2/4 wheeler vehicle more particularly specified
and described in Schedule-I hereto (hereinafter referred to as the vehicle) for his/her personal use as
set forth in the Borrower's application dated the 28-07-2025 a copy of which is annexed and forms
part of this Agreement, such loan to be secured as herein provided.

IT IS HEREBY AGREED AS FOLLOWS :

1. The request for grant of the loans by the Borrowers shall be deemed to constitute the basis of this
Agreement and the loan advanced/to be advanced the Bank to the Borrowers.

2. The Borrowers hereby agree that the loan shall, inter alia, be governed by the terms hereof.

3. The Borrowers expressly agree and undertakes to notify the Bank in writing of any circumstance,
affecting the correctness of any of the particulars set forth in his application immediately after the
occurrence thereof.

4. The Borrowers expressly agree and undertakes that the Loan shall be used exclusively for the
purposes set forth in his application and that no change shall be made therein without the written
consent of the Bank.
5. The Borrowers agree that the Loan shall be paid by the Bank to an authorized dealer of the vehicle
directly against their invoice on receiving information that the vehicle would be delivered to him on
payment/within _____ days of payment.
6(a).The borrower shall repay to the Bank, the amount of loan and interest thereon in equated
monthly instalment as under
Regular Repayment: :

Equated Monthly Instalment of ₹12973 each commencing from the month of AUG-2025 till the entire
loan with interest is fully repaid.

The equated monthly instalment(s) also includes interest component. The Bank has option to reduce
or increase the EMI or extend the repayment period consequent upon changes in interest rates. The
terms and condition of the arrangement/sanction letter shall form integral part of this agreement. In
case of any inconsistency between the terms of the arrangement/sanction letter and this Agreement,
the terms of arrangement/sanction letter shall prevail. The Bank has option to reduce or increase the
EMI or extend the repayment period consequent upon changes in interest rates.

* Fixed Rate of Interest(FOR FIXED INTEREST CAR LOAN PRODUCT):

Interest on the loan will be charged at 9.25% p.a., on daily reducing balance at monthly rests which is
0.45% above the ONE-YEAR Marginal Cost of Funds Based Lending Rate (MCLR) which is at
present 8.80% p.a. The rate of interest viz, 9.25% p.a. will be valid for the entire tenor of the loan. In
the event of default in payment of any instalment or any irregularity in the loan account, penal charges
at following rate will be applicable:
a) Irregularity up to 60 Days: 2.40% per annum on the irregular portion for the period of irregularity.
b) Continuous irregular for a period beyond 60 days: 5% per annum on the outstanding for the period
of irregularity.

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 Certificate Number: IN-AP12181776716538X

*(To be deleted where floating rate of interest is applicable),

* FLOATING RATE OF INTEREST

Interest on the loan will be charged at ____% p.a. over the _____ Marginal Cost of Funds Based
Lending Rate (MCLR) which is at present ______% p.a., the current effective rate being ____% p. a.
calculated on daily balance of the loan amount at monthly rests, subject to reset at the end of _____
from the date of first disbursement as per the prevailing MCLR. Future reset dates and interest rates
shall be determinded accordingly. The Marginal Cost of Funds based Lending Rate (MCLR) prevailing
on the date of first disbursement, shall be applicable till the next reset date, irrespective of the
changes in the benchmark during the interim. The Bank shall at any time and from time to time be
entitled to vary the Margin (spread) and MCLR at its discretion. Depending on variation of MCLR and
spread, the effective rate of interest shall vary periodically and the borrower shall be liable to pay the
effective rate of interest as on the agreed date of reset or change in the spread as the case may be.
In the event of default in payment of any instalment or any irregularity in the loan account, penal
charges at following rate will be applicable:
a) Irregularity up to 60 Days: 2.40% per annum on the irregular portion for the period of irregularity.
b) Continuous irregular for a period beyond 60 days: 5% per annum on the outstanding for the period
of irregularity.

*(To be deleted where fixed rate of interest is applicable).

The Borrower/ Co-borrower shall be deemed to have notice of changes in the rate of interest
whenever the changes in the MCLR Rate are displayed / notified at / by the Bank / published in the
newspapers /in the website of the Bank/ made through entry of interest charged in the passbook /
statement of accounts sent to the Borrower/ Co-borrower etc. and you are liable to pay such revised

The Bank has option to reduce or increase the EMI or extend the repayment period consequent upon
changes in interest rate.
Besides, the Bank shall also charge a penalty, the rate of which shall be at the discretion of the Bank,
for every bounced cheque for any reason whatsoever in addition to the enhanced rate of interest as
applicable.,
6(b).Further, the Bank shall, at any time, be entitled to give notice to the Borrowers of its intention to
charge and may thereafter charge interest at such higher rate than the rate hereinbefore mentioned,
as the Bank may specify. The Equated Monthly Instalments will have to be paid till the entire loan and
the interest is fully repaid. Further, the amount of Equated Monthly Instalment may change/increase
as may be decided by the Bank.
6(c).Without prejudice to any other rights and remedies available to the bank under the loan
agreement, in case the borrower fails/defaults in making payment of any instalment/s or/and any other
amount/s comprising the borrower's dues to the bank on due dates, respectively, the borrower shall
be liable to pay the default interest at the rate that may be specified by the Bank from time to time
(including Interest tax, if any), charges, costs and expenses as applicable. The default interest and
charges thereupon shall be in addition to the other charges (such as SMS, Tele Calls, visits by an
authorised person/ employee) of the bank visit the Borrower's office/residence for recovering the
instalment.
7. On demand the Borrowers agree to deliver to the Bank post-dated cheques for the monthly
instalments and the Borrowers warrants that the cheques will be honoured on first presentation. Any
non-presentation of a cheque due to any reason will not affect the liability of the Borrowers to pay the
monthly instalments or any other sum. The Borrowers agree to forthwith replace the cheques/issue
fresh cheques, if required by the Bank. The Borrowers shall not be entitled to call upon the Bank to
refrain from presenting any cheque for payment and if the Borrowers does so, the Bank shall
nevertheless be entitled to present the cheque for payment and in the event of dishonour the
provisions under Chapter XVII of the Negotiable Instruments Act, 1881, shall apply.

8. As security for the repayment of Loan together with interest at the rates stipulated above and any
other charges, costs and expenses payable to or incurred by the Bank in relation thereto, the
Borrowers hereby creates a first charge in favour of the Bank by way of hypothecation of the vehicle
together with all its components, accessories, attachments etc. specified and described in the
Schedule below, purchased/to be purchased by the Borrowers with the Loan wherever it shall be
kept. The borrowers hereby agree that the vehicle shall be registered in the name of borrower (1st
applicant) only.

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 Certificate Number: IN-AP12181776716538X

9. The Borrowers shall not during the continuance of this security create any charge or encumbrance
of any kind over the hypothecated vehicle nor shall dispose of the same without repaying in full the
Loan amount, interest, costs, charges and expenses secured here under.

10.(a) The Borrowers shall keep the hypothecated articles in good working order, repair and condition
and shall permit the officers and other persons deputed by the Bank to have access to and inspection
of it if required by the Bank.
10.(b) In case of hypothecation of vehicles the Bank's charge shall be registered with appropriate
Road Transport authority and the Borrowers undertakes to get such hypothecation to the Bank
marked in Registration book of the vehicle immediately after purchase of the vehicle.
11. The Borrowers will intimate immediately after purchase of the vehicle the location where the
vehicle will be garaged. Any change in address/location of the garage will be intimated forthwith.

12. The Bank its agents and nominees shall be entitled at all times to enter any place where the
hypothecated vehicle is garaged, and on the occurrence of either of (i) default in payment of more
than one instalments or of bouncing of more than one post dated cheques, or (ii) any other event
which in the opinion of the Bank will adversely affect the security available to the Bank, they will be
authorized to take possession of/seize the vehicle and eventually sell it off in auction/private treaty for
satisfaction of the Bank's dues.
The Bank shall be entitled at all times to apply any other money or moneys in its hand stand to the
credit of or belonging to the Borrowers in or towards payment of any amount for the time being
payable to the Bank and recover at any time from the Borrowers by suit or otherwise the balance
remaining payable to the Bank.
The Bank also preserves the right to note lien on other deposits of the Borrowers as additional
security for the loan.
13. Where ever a vehicle has been purchased out of the aforesaid loan, the Borrowers shall ensure
that;
i. New vehicle should be insured for 95% of Ex-showroom price irrespective of loan amount.
ii. In case of old/used vehicles, IDV (Insured Declared Value) as prescribed by IRDAI to be used for
insurance of vehicles.
And the Bank's interest as a hypothecatee should be noted in the certificate of insurance and the
insurance policy.

The Borrowers shall produce to the Bank from time to time relevant Policy or Policies for its inspection
and also proper evidence to the satisfaction of the Bank and the Borrowers hereby undertakes
punctually to pay the premium due for such insurance and to produce the receipts for the premium
paid to the Bank for its inspection from time to time and if the Borrowers should fail to keep insured
the said vehicle or to produce such policy or policies and receipts to the Bank on demand, the Bank
shall be at liberty but not bound to effect such insurance and pay such premium at the expense of the
Borrowers and all expenses to be incurred by the Bank in this connection will be made by debit to the
Borrower's loan account and will form part of the Borrowers indebtedness to the Bank and secured
fully by the hypothecation hereby created. The Borrowers agree that any such sum received under
any such insurance shall be applied in or towards liquidation of the amount due to the Bank on
account of the said Loan interest and other charges as aforesaid and in the event of there being a
surplus the same shall be refunded to the Borrowers.
13(a) The borrower (s) hereby further agree that as precondition of the loan advances given to me/us
by the Bank, that in case of default in repayment of the loan/advances or in the repayment of the
interest thereon or any of the agreed instalment of the loan on due date/s, the Bank and/or the
Reserve Bank of India will have an unqualified right to disclose or publish my/our name(s) as defaulter
in such manner and through such medium as the Bank or Reserve Bank of India in their absolute
discretion may think fit.

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 Certificate Number: IN-AP12181776716538X

13(b) The borrowers hereby agree and give consent for disclosure by the Bank all or any (a)
information and data relating to the borrower/s (b) information or data relating to any credit facility
availed or/to be availed by the borrower/s and default, if any, committed by the borrower/s in
discharge of his/their such obligation as the Bank may deem appropriate and necessary, to disclose
and furnish to Credit Information Bureau (India) Ltd., and any other agency authorized in this behalf
by RBI. Further, the borrower/s declare that the information and data furnished by him/them to the
Bank are true and correct and also agree that the Credit Information Bureau (India) Ltd. and any other
agency so authorized may use, process the said information and data disclosed by the Bank in the
manner as deemed fit by them and further that the Credit Information Bureau (India) Ltd. and any
other agency so authorized may furnish for consideration, the processed information and data or
products thereof prepared by them to Banks/Financial Institutions and other credit grantors or
registered users, as may be specified by the Reserve Bank in this behalf.

13(c). Notwithstanding anything contained herein above, I/We confirm having agreed that the Bank
reserves the absolute right to cancel the limits (either fully or partially) unconditionally without prior
notice (a) in case the limits/part of the limits are not utilised by me/ us, and/ or (b) in case of
deterioration in the loan accounts in any manner whatsoever, and/or (c) in case of non-compliance of
terms and conditions of sanction.

14. The Borrowers agree that if any instalment due hereunder shall not be paid on due date in the
manner set out in clause 6/7 here in above the agreement of the Bank to accept repayment of the
said loan by instalments shall at the option of Bank forthwith determine and the whole balance of the
said loan unpaid at the date of such default shall immediately thereupon become payable to the Bank.
The borrower further agrees that the bank shall be entitled to recover the costs, charges and any
other incidental expenses incurred in connection with the recovery of dues in the event of default in
repayment of dues/instalments at any point of time.

15. This Agreement shall operate as a continuing security for all monies, indebtedness and liabilities
aforesaid due by the Borrowers to the Bank. It is agreed between the parties that at the written
request of the Borrowers the Bank may transfer the account to any of the branches within India from
time to time provided sufficient notice in advance is given by the Borrowers to the Bank. The Bank
shall also be entitled to transfer the loan account to any other branch of the Bank after due notice to
the Borrowers.
16. The Borrower declares and undertakes that the Borrower has not paid/shall not pay any
commission to any person/s for furnishing guarantees, counter guarantees or indemnities or for
undertaking any other liability with respect to the aforesaid loans.

17. The borrowers hereby agree and undertake that his/her salary account will not be shifted to other
bank till the currency of the loan (applicable in case of SBI Salary Package customers).

18. Nothing contained in this Agreement shall be construed as excluding the general lien of the Bank
for any balance due to the Bank of any account or in respect of any liability of the Borrowers to the
Bank.
19. Nothing herein contained shall prejudice any rights or remedies of the Bank in respect of any
other present or future security guarantee obligation or decree for any indebtedness or liability of the
Borrowers to the Bank.

SCHEDULE REFERRED TO ABOVE

(Details of article(s) /vehicle to be purchased)

MARUTI, 2025, WAGONR, VXI

Dated : 28/07/2025

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 Certificate Number: IN-AP12181776716538X

Key Facts Statement

Part 1 (Interest rate and fees/charges)

Loan proposal/account
1 30823135134 Type of Loan Term Loan
No.
2 Sanctioned Loan amount (in Rupees) ₹ 800000

Disbursal schedule 100% upfront

(i) Disbursement in stages or 100% upfront.
3
(ii) If it is stage wise, mention the clause of
loan agreement having relevant details

4 Loan term (year/months/days) 84 Months

5 Instalment details
Commencement of repayment,
Type of instalments Number of EPIs EPI (₹)
post sanction

Monthly 84 ₹ 12973 AUG-2025

6 Interest rate (%) and type (fixed or floating or hybrid) 9.25% pa and Fixed

7 Additional Information in case of Floating rate of interest

Final Reset Impact of change in the reference

Reference Benchmark Spread(%) rate(%) periodicity benchmark (for 25 bps change in
Benchmark rate(%) (B) (S) R = (B) (Months) ‘R’, change in:)
+ (S)
B S EPI (₹) No. of EPIs

NA NA NA NA NA NA NA NA

8 Fee/ Charges
Payable to a third party through
Payable to the RE (A)
RE (B)

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

Processing fees (Incl

(i) One-time ₹738.00 NA NA
GST)

(ii) Insurance charges NA NA NA NA

(iii) Valuation fees NA NA NA NA

Any other (please

(iv) NA NA NA NA
specify)
9 Annual Percentage Rate (APR) (%) 9.28 %

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 Certificate Number: IN-AP12181776716538X

10 Details of Contingent Charges (in ₹ or %, as applicable)

(i) Penal charges, if any, in case of delayed In the event of default in payment of any
payment instalment or any irregularity in the loan account,
penal charges at following rate will be applicable:
a) Irregularity up to 60 Days: 2.40% per annum on
the irregular portion for the period of irregularity.
b) Continuous irregular for a period beyond 60
days: 5% per annum on the outstanding for the
period of irregularity.
(ii) Other penal charges if any NIL

(iii) Charges for switching of loans from floating NA

to fixed rate and vice versa
(iv) Vehicle Search Fee Rs 50/- + GST

(v) SI/ECS/PDCs Failure Charges If the EMI/instalment(s) is not credited in the loan
account of the borrower within 7 days from the
date of ECS/SI/PDCs, Rs 500 / + Goods and
Services Tax will be recovered.
(vi) Penalty for Non-Registration /Non- Rs 2500/- + GST per month to be recovered from
Hypothecation of Vehicle borrower till Bank’s hypothecation charge is noted
by RTO after 120 days from date of
disbursement.
(vii) Pre-payment penalty NIL
In case of Certified Pre-Owned Car Loan: 1% of
the pre-payment amount plus GST, quarterly, in
case prepayment within 2 years from the
disbursement of loan.

(viii) Foreclosure Charges 2% + GST on Theo-balance, in case foreclose

within 2 years from the date of disbursement of
loan.
In case of Certified Pre-Owned Car Loan: 3% +
GST on Theo-balance, in case foreclose within 2
years from the date of disbursement of loan.

(ix) Seizure Charges If Bank has to seize the vehicle, the actual
charges incurred by bank towards seizure and
parking fees.

# NA- Not Applicable

Part 2 (Other qualitative information)

1 Clause of Loan agreement relating to Upon occurrence of any Event of Default, the
engagement of recovery agents Bank shall be entitled at its absolute discretion to
inter alia:
a) Call upon the Borrower to pay forthwith the
outstanding balance of the Loan together with
interest and all sums payable by the Borrower to
the Bank;
b) Hand over the case to Recovery/ Resolution
agents empaneled by the Bank for said purpose.
The details of recovery agent authorized to
approach the borrower has been published on
Bank website at
https://.sbi/web/sbi-in-the-news/list-of-
empanelled-agencies

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 Certificate Number: IN-AP12181776716538X

2 Clause of Loan agreement which details Grievance Redressal Mechanism is placed on

grievance redressal mechanism Bank’s website at
https://sbi.co.in/web/customer-care/customer-
service-policies.
3 Phone number and email id of the nodal The Name, designation, address, and phone
grievance redressal officer number of nodal grievance redressal officer has
been published on Bank website at
https://bank.sbi/web/customer-care/addresses-
andhelpline-nos-ofgrievances-redressal-cell.

4 Whether the loan is, or in future maybe, No

subject to transfer to other REs or
securitisation (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 RE, along Name of the partner RE along Blended rate of interest
with its funding proportion with its proportion of funding

NA NA NA

6 In case of digital loans, following specific disclosures may be furnished:

(i) Cooling off/look-up period, in terms of RE’s board NA

approved policy, during which borrower shall not be
charged any penalty on prepayment of loan

(ii) Details of LSP acting as recovery agent and The details of recovery agent authorized
authorized to approach the borrower to approach the borrower has been
published on Bank website at
https://bank.sbi/web/sbi-in-the-news/list-
of-empanelled-agencies

Borrower : Mr. Sadu Srikanth S/O D/O W/O Mr. Srinivasa Rao
S O SRINIVASA RAO, S O SRINIVASA RAO, PODILI, PRAKASAM,
ANDHRA PRADESH, PIN- 523226
Signature

Date : 28/07/2025

Co-Borrower : Ms. Achhakala Sumalika S/O D/O W/O Ms. W/O S Srikanth
Sumalika
2 121 DINNEPURAM STREET,
2 121 DINNEPURAM STREET, PODILI, PRAKASAM,
ANDHRA PRADESH,
PIN- 523226
Signature
Date : 28/07/2025

Signature Not Verified Signature Not Verified

Digitally signed by SADU SRIKANTH Digitally signed by ACHHAKALA
Date: 2025.07.28 18:14:05 IST SUMALIKA
Reason: Agreement Executed Date: 2025.07.28 18:16:28 IST
Location: Andhra Pradesh Reason: Agreement Executed
Location: Andhra Pradesh

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 Letter of Request for Standing Instruction

The Branch Manager,

State Bank of India,
Branch Name : KURNOOL ROAD BRANCH

Dear Sir,

Please pay by debit to my Account No. 30823135134 (SB/CA), the installment amount 12973as
mentioned below towards the repayment of Car/Two-wheeler loan availed by me/us (loan account No.
)

Purpose Credit Loan Amount to be Date of Period for SI Start SI End Date
Account remitted monthly SI which Date
Number Instalment
s are to be
made
Towards EMI– Rs. 12973 of Rs. August 84 AUG-2025 AUG-2032
Car/Two- (Rupees twelve 2025
Wheeler loan thousand nine hundred
repayment seventy three only)
monthly

The necessary service charges in this connection may be recovered, if applicable, from my account
no. 30823135134. (SB/CA) each time as applicable irrespective of whether the instruction is carried
out or not depending on the availability of funds in the account.

I/We, note and understand that, the balance remain outstanding in the above mentioned loan account
as on SI End Date will become payable immediately.

In undertaking to make these remittances it is expressly understood that the Bank is relieved from all
claims for loss which may accrue through error, omission, or delay in making such remittances.

Yours faithfully,

Borrower Name
SADU SRIKANTH

Signature Not Verified Signature Not Verified

Digitally signed by SADU SRIKANTH Digitally signed by ACHHAKALA
Date: 2025.07.28 18:14:05 IST SUMALIKA
Reason: Agreement Executed Date: 2025.07.28 18:16:28 IST
Location: Andhra Pradesh Reason: Agreement Executed
Location: Andhra Pradesh

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