COPY FOR ZONAL OFFICE Ret. No Aia|uora] Any sme tow Lom] arancn KO? Reo.ol Gols pate. AB.01 UP Dear Sir/ Madam, Sanction of Loan under Allahabad Bank Car Finance & ALL BANK MO-BIKE Scheme With reference to your appicaton dated... 8.» @.1s.1.4 for a loan vader the Scheme memes sbpve wea pleaed, je sancvon you iat oh RsA600,000(Rupees.. [OVRn Petras... 0U4oniy) for purcpase of a hen?” ESS. Tone ty n> Pre-owned Vehicle/Two wheeler apd total gost, 4. (Rupees fans tony Wind i Pe BA MAH be Wend Nl i per Profétma Invoice dated afi Ton from (seller) under the faliowing terms and conditions} 1es~ ~ = 1) Margin Reto Michi... Bad... of costof...L 9, as, les tixed) or 75 %p.a Tale which is at 2) Rate of interest a. with, rests, below/atiovér Allahabad Bank's present .....0..29.%p.a. with Months rests 3) Moratorium Period td ie 4) Repayment In equated.....3.G.... monthly instalments of Rs..& TO. OC | _ each, the fret such instalment ating due on... Marek .Aory 5) Security a) Hypothecation of the Car / Vehicle / Two Wheeler to be purchased. b) Pledge of FOR’ NSC / KVP/ assignment of Life insurance 5 olicy ‘Guarantee (For third party secures only) nm Mara" 4) Equitable Mortgage of house property. 4 aqune' 6) a) Processing Charges & 1) Nil: for Car loan for Salaried persons. Documentation Fees: } il) 1 %ofloanamount (min Rs, 2000 n Car Loan (Other ii) Lumpsum Rs, 250/- in-Two wheeler Loan Ni lL— esti val Bonanza ) Upfront Fee (if applicable)» Rs. $000/-(For Carlos)” “C4, JTS ale ‘The Car/ Vehicle / Two Wheeler will be registered with the Road Transport Authority in joint names of the Bank and yourself, the name of the Bank as financer._,éet Nehicie | Two Wheeler will be insured for full value against comprehensive asks of (Mice, thett, riot, burglary etc. at your cost, which may be debited from your SB. Ave. with wii ‘The duplicate copy of the Blue Book/Registration will be retained by the Bank during the pendency of the loan + A letter of authorisation will be obtained from you, authorising your employers M/s to deduct the amoupt of monthly instalment from your salary every month and to remit the same to the Bank for credit of your loan account iin case you fail to pay the Bank’s dues within the stipulated time and/or the account becomes non performing asset as per RBI norms, the Bank will be at liberty to publish your name and address alongwith details of outstanding dues payable by you to the Bank and also other relevant details in newspapers and other publicity media Please sign the subjoined form as a mark of your acknowledgement of the terms and conditions of sanction and return the same to us for our record Please acknowledge receipt Yours faithfully Thief Manager/Senior Manager ‘Manager Note : Applicable for salaried persons only. OTHER TERMS & CONDITIONS «The above terms & conditions shall be subject to modification by the Bank as may be considered necessary at any point of time at the sole discretion of the Bank «The bank may recover in part or in full or withdraw/stop financial assistance at any stage without notice or giving any reason for any such purpose whatsoever «The sanction does not vest in any one the right to claim any damage against the Bank for any reason whatsoever. s The immovable properties mortgaged to the Bank will be valuedirevalued from time to time, «The Borrowers will submit a certificate that he/she/they is / are not related to any executive of the Bank. «All fegal expenses and cost of stamp paper for completion of the documentation formalities will be borne by the borrower (s), apart from the processing & documentation Charges mentioned against item no.6 above ae With 2 om Base Re of fe. Bork, Pmt wll dn elegy Asfoned » ff amount Aemertss dh af ke Pages . cn on forhent oboe , home ww Lge ae fost Em?_,e6t! Vehicle / Two Wheeler will be insured for full value against comprehensive nsks of yal Tire, theft, rot, burglary ete. at your cost, which may be debited from your SB. A/c. with The duplicate copy of the Blue Book/Registration will be retained by the Bank during the pendency of the loan * A letter of authorisation will be obtained from you, authorising your employers M/s to deduct the amoupt of monthly instalment from your salary every month and to remit the same to the Bank for credit of your loan account in case you fail to pay the Bank’s dues within the stipulated time and/or the account becomes ron performing asset as per RBI norms, the Bank will be at liberty to publish your name and address alongwith details of outstanding dues payable by you to the Bank and also other relevant details in newspapers and other publicity media Please sign the subjoined form as amark of your acknowledgement ofthe terms and conditions of sanction and return the same to us for our record Please acknowledge recéipt Yours faithfully Ghief Manager/Senior Manager ‘Manager * Note : Applicable for salaried persons only. OTHER TERMS & CONDITIONS «The above terms & conditions shail be subject to modification by the Bank as may be considered necessary at any point of time at the sole discretion of the Bank «The bank may recover in part or in full or withdraw/stop financial assistance at any stage without notice or giving any reason for any such purpose whatsoever ‘e_ The sanction does not vest in any one the right to claim any damage against the Bank for any reason whatsoever. «The immovable properties mortgages to the Bank will be valuedirevalued from time to time «The Borrowers will submit a certificate that he/shelthey is / are not related to any executive of the Bank «Ail legal expenses and cost of stamp paper for completion of the documentation formalities will be borne by the borrawer (s), apart from the processing & documentation Charges mentioned against item no.6 above ae With 2 ae Bese Re of Me Bark, Fmt will dre ecoealy Asfued i Barocas eeernaass wd afte Page 4 emal au, frepert ober , Some wel Lge colin ae Uke fost Em?