Date: 06-12-2023
Dear Rao Visweswara Mohan,
It brings us immense pleasure in welcoming you to axio family and we would like to thank you for choosing us as your preferred
financial partner in growth.
This is to inform you that the loan application number: 32928519 has been sanctioned at our end.
Please find enclosed the loan details based on the below terms and conditions as specified under this welcome letter:
Key Fact Statement
Name of Regulated Entities: Capfloat Financial Services Private Limited (Operating under the brand axio) and Vivriti Capital
Limited.
Sl
Name Details
No.
1 Loan Amount ₹150000.0
Capfloat Financial Services Private Limited (Operating under the brand axio) ("Lender 1") ₹30000.0
Vivriti Capital Limited ("Lender 2") ₹120000.0
2 Total interest charged during the entire tenure of the loan ₹56765.01
3 Other up-front charges ₹6102.0
a. Processing Fee, if any ₹3717.0
b. Insurance Charges, if any ₹0.0
c. Pre EMI ₹2385
4 Net disbursed amount (1- 3) ₹143898.0
5 Total amount to be paid by the borrower (1 + 2 + 3) ₹212867.01
6 Annual Percentage Rate - Effective annualized interest rate (in percentage and reducing balance method) 20.68%1
7 Rate of Interest, (charged per annum, reducing) 19.08%
8 Tenure of the Loan (in months/days) 42 months
9 Repayment frequency by the borrower Monthly
10 Number of installments of repayment 42
11 Amount of each installment of repayment ₹4922.97
Details about contingent charges
Late fee charges:
12 Additional interest rate of 24 % per annum over and above ROI agreed will be levied in case of delay in payment of
principal and/or interest.
Bounce Charges
13
A bounce charge of ₹500 will be charged per EMI cycle in case of bounce of auto-debit of EMIs via auto repayment mode
setup.
Other Disclosures
axio is the trade name of C apFloat Financial Services P rivate Limited 1 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Cooling off period during which borrower shall not be charged any penalty on prepayment of loan other
14 30 days
than the APR2
axio is the trade name of C apFloat Financial Services P rivate Limited 2 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Details of recovery agent and authorized to approach the borrower:
Entity Name: Capfloat Financial Services Private Limited (Operating under the brand axio)
15
Contact No: 080-68075001
Email ID: ask@axio.co.in
Designated Grievance Nodal Redressal Officer of Capfloat Financial Services Private Limited (Operating under the brand
axio) to deal with digital lending related complaints / issues:
Name: Aakanksha Singh
16 Office Address: New No. 3 (Old No. 211), Gokaldas Platinum, Upper Palace Orchards, Bellary Road, Sadashiva Nagar,
Bengaluru,Karnataka 560080
Telephone/Mobile: 080-68075001
Email ID: customersuccess@axio.co.in
1 APR is the effective annualized
rate charged to the borrower of a digital loan. APR is based on an all-inclusive cost and margin including cost of funds, credit cost and operating cost, processing fee, verification
charges, maintenance charges, etc., and excludes contingent charges like penal charges, late payment charges, etc.
2A cooling off/look-up period is the time window which is given to borrowers for existing digital loans, in case a borrower decides not to continue with the loan.
Kindly refer to Annexure 1 and 2 for important information pertaining to actual loan disbursal details; We thank you for your
interest in axio and look forward to doing business with you.
This is a system generated welcome letter and does not require the signature of the lender(s).
Annexure - 1
Please note the following details pertaining to the loan to be availed by the Borrower that require further attention.
Mode of Repayment
Repayment will be via National Automated Clearing House (NACH) or in the manner satisfactory to the Lenders as and when
updated from time to time.
axio is the trade name of C apFloat Financial Services P rivate Limited 3 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Disbursal3
The loan amount of ₹143898.0 will be credited to your bank account or to the bank account as requested by you through a
written communication (pre-EMI and processing fee and/or the Insurance premium, if applicable, will be deducted from or added
to this amount according to the loan repay day if applicable). The repayment schedule is as follows:
Date Opening Balance Payment Principal Interest Ending Balance
1 05/02/2024 150000 4922.97 2537.97 2385 147462.03
2 05/03/2024 147462.03 4922.97 2578.32 2344.65 144883.71
3 05/04/2024 144883.71 4922.97 2619.32 2303.65 142264.39
4 05/05/2024 142264.39 4922.97 2660.97 2262 139603.42
5 05/06/2024 139603.42 4922.97 2703.28 2219.69 136900.14
6 05/07/2024 136900.14 4922.97 2746.26 2176.71 134153.88
7 05/08/2024 134153.88 4922.97 2789.92 2133.05 131363.96
8 05/09/2024 131363.96 4922.97 2834.28 2088.69 128529.68
9 05/10/2024 128529.68 4922.97 2879.35 2043.62 125650.33
10 05/11/2024 125650.33 4922.97 2925.13 1997.84 122725.2
11 05/12/2024 122725.2 4922.97 2971.64 1951.33 119753.56
12 05/01/2025 119753.56 4922.97 3018.89 1904.08 116734.67
13 05/02/2025 116734.67 4922.97 3066.89 1856.08 113667.78
14 05/03/2025 113667.78 4922.97 3115.65 1807.32 110552.13
15 05/04/2025 110552.13 4922.97 3165.19 1757.78 107386.94
16 05/05/2025 107386.94 4922.97 3215.52 1707.45 104171.42
17 05/06/2025 104171.42 4922.97 3266.64 1656.33 100904.78
18 05/07/2025 100904.78 4922.97 3318.58 1604.39 97586.2
19 05/08/2025 97586.2 4922.97 3371.35 1551.62 94214.85
20 05/09/2025 94214.85 4922.97 3424.95 1498.02 90789.9
21 05/10/2025 90789.9 4922.97 3479.41 1443.56 87310.49
22 05/11/2025 87310.49 4922.97 3534.73 1388.24 83775.76
23 05/12/2025 83775.76 4922.97 3590.94 1332.03 80184.82
24 05/01/2026 80184.82 4922.97 3648.03 1274.94 76536.79
25 05/02/2026 76536.79 4922.97 3706.04 1216.93 72830.75
26 05/03/2026 72830.75 4922.97 3764.96 1158.01 69065.79
27 05/04/2026 69065.79 4922.97 3824.82 1098.15 65240.97
28 05/05/2026 65240.97 4922.97 3885.64 1037.33 61355.33
29 05/06/2026 61355.33 4922.97 3947.42 975.55 57407.91
30 05/07/2026 57407.91 4922.97 4010.18 912.79 53397.73
axio is the trade name of C apFloat Financial Services P rivate Limited 4 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
31 05/08/2026 53397.73 4922.97 4073.95 849.02 49323.78
32 05/09/2026 49323.78 4922.97 4138.72 784.25 45185.06
33 05/10/2026 45185.06 4922.97 4204.53 718.44 40980.53
34 05/11/2026 40980.53 4922.97 4271.38 651.59 36709.15
35 05/12/2026 36709.15 4922.97 4339.29 583.68 32369.86
36 05/01/2027 32369.86 4922.97 4408.29 514.68 27961.57
37 05/02/2027 27961.57 4922.97 4478.38 444.59 23483.19
38 05/03/2027 23483.19 4922.97 4549.59 373.38 18933.6
39 05/04/2027 18933.6 4922.97 4621.93 301.04 14311.67
40 05/05/2027 14311.67 4922.97 4695.41 227.56 9616.26
41 05/06/2027 9616.26 4922.97 4770.07 152.9 4846.19
42 05/07/2027 4846.19 4922.97 4845.92 77.05 0.3
3 The interest component is gross of Tax Deducted at Source (TDS)
Sanction Conditions
1. Subject to lender's internal underwriting criteria being met.
2. Loan agreement execution and satisfactory verification of original KYC documents.
3. Repayment Bank Account details to be available and verified.
Annexure - 2
Updated Current Residence Address
Customer Name Rao Visweswara Mohan
Current Residence Address 2-14, Repuru Road, Kovvada, Kakinada Rural NA East Godavari ANDHRA PRADESH 533006
Details of Repayment Bank Account
Bank account details if NACH/ Direct debit / Standing Instruction / PDC / Undated Cheque
Account Holder Name RAO VISWESWARA MOHAN
Bank Name ICICI Bank
Account Number 029101522356
axio is the trade name of C apFloat Financial Services P rivate Limited 5 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Annexure - 3
Legal
Please note that in the event of your acceptance of the T&Cs, axio and the Borrower shall enter into a separate loan
agreement ("Loan Agreement") to set forth the detailed terms in relation to the grant of loan by axio to the Borrower and
accordingly,the grant of loan by axio and the availing of such loan by the Borrower shall be governed by and at all times, be
subject to, the terms of the said Loan Agreement. It is clarified that in the event of a conflict between one or more terms of
this letter and the Loan Agreement, the terms of the Loan Agreement shall prevail to the extent of such conflict.Nothing in this
letter obligates axio to advance any loan to the Borrower till such time that the Loan Agreement has been executed and the terms
of such Loan Agreement fulfilled to the satisfaction of axio.
axio shall be at liberty to syndicate / completely assign, without the consent of the Borrower, the whole of or any part of the loan,
including all rights, benefits and interests thereunder, to any other third party, in accordance with applicable law.
This sanction shall stand revoked and cancelled without any notice, if there are material changes in the Borrower's financial
performance, Any material facts concerning the Borrower's profits or its ability to make repayments under the loan agreement or
any relevant aspects of its request for loan facility are withheld, suppressed, concealed, or are found to be incorrect or untrue.
Except to the extent disclosed to CapFloat Financial Services Private Limited (operating under the brand name "axio"), no director
or 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
CapFloat Financial Services Pvt Ltd is - the applicant(s), or a partner, managing agent, manager, employee, director of our
concern, or of our subsidiary or our holding company, or a guarantor on my/our behalf, or holds substantial interest in our
concern or my/our subsidiary or holding company.
Contact details:
In the case of any queries or assistance required, you can write to us at ask@axio.co.in or call us at 080 6807 5001.
Important Links:
For details on axio's Grievance Redressal Mechanism please read through the policy: https://axio.co.in/wp-
content/uploads/2022/11/Grievance-Redressal-Policy-Website-V.1.8.pdf
To know more about the Interest Rate Policy, please use the link: https://axio.co.in/wp-content/uploads/2022/07/axio-_-Interest-
Rate-Model-Policy.pdf
Link to our Schedule of charges: https://axio.co.in/wp-content/uploads/2022/08/Schedule-of-Charges.pdf
Link to Privacy Policy: https://axio.co.in/privacy-policy
Link to Terms and Conditions : https://axio.co.in/terms-conditions
Link to FAQ: https://axio.co.in/faq/#nav-personal-loans
For information on the Recovery Agents , please refer to link: https://axio.co.in/wp-content/uploads/2023/03/Axio-List-of-
Recovery-Agents.pdf
For CapFloat Financial Services Pvt Ltd.
Sashank Rishyasringa
Executive Director
axio is the trade name of C apFloat Financial Services P rivate Limited 6 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
