SANCTION CUM ACCEPTANCE LETTER

Application No FLLL001270
Fees Paid are
Non-Refundable
Loan Account No 110000000503
Fees Paid are Non-
Date Mar 31, 2024
Refundable

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MR. DILIP OHOL
Applicant`s Name
Ms. SWATI DILIP OHOL

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KOLSE WASTI, GUHA, TAL- RAHURI, GUHA, RAHURI FACTORY. AHMADNAGAR, MAHARASHTRA,
Communication Address
413706 ,RAHURI,MAHARASHTRA 413706
Dear Sir/ Madam,
With reference to the Loan Application submitted by you and are pleased to sanction the facility on ₹48,50,000( Forty eight

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lakhs fifty thousands Only ) , with the conditions given below
Nature Of Facility MSME / LAP TERM LOAN

Purpose Of Loan LAP-BT + top up

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Interest Type Fixed

FFPL PLR 15%

Rate Of Interest FFPL PLR + 3% = 18%

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Total Loan Amount Cersai Proprty Insurance Credit Shield Loan Amount
Loan Amount
Rs. 48,50,000 Rs. 1,180 Rs. 17,140 Rs. 2,08,603 Rs. 46,23,077
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Tenure (In Months) 120

EMI(Equated Monthly
Rs. 87,390
Instalment)
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EMI Due Date 10th of every month

Total Processing Fees

Rs. 1,14,460.00 ( One lakh fourteen thousands four hundred and sixty only )
(Inclusive Of Gst)
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Mortgaged property THE SITE PROPERTY IS RESTAURANT & PROPOSED LADGING ON GAT NO.534 /2, OPP.MATOSHRI
address CEMENT PIPIE COMPANY,MANMAD ROAD,MOUJE-GUHA, TAL-RAHURI,DIST-AHMEDNAGAR.413706

All Other Charges As per MITC

For Partially Disbursed Case: -

Pre-EMI will be levied from the next month starting from the first disbursement month until the loan is
completely disbursed or for a maximum period of 12 months from the first disbursement date.
Borrower is responsible for providing the required property documents to FFPL as mentioned in the
Repayment Sanction letter within a period of 2 months.
For First & Final Disbursement Case: -
Pre EMI will be charged for the first month & EMI (Equated Monthly Installment) thereafter
Borrower acknowledge that the payment of above mentioned loan will be made via customer dilip ohol
from Bank of Baroda account bearing the account number 97650100006274

Security 1st Charge by way of registered mortgage (in the form and manner as prescribed by FFPL)

______________________ ______________________
DILIP OHOL SWATI OHOL
Conditions To Loan Sanction

1. BOB bank Statement up to till date one year (Soft copy).

2. Coapplicant Bank Statement One year.
3. Food Licen updated.
4. FC(details of favouring),LOD,SOA of Loan BL Rs.10,50,000/- and Rs.26,80,000/- issued by AU Small Finance Bank to be held on
record before disbursement.
5. Revised Technical report with correction of Boundry and gut no

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6. Subject to approval on negative BGV report from Senior authority.

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Legal Conditions

1 . 7/12 extract of the Gat number 534/2 of village Guha.

2 . Relevant Mutation entries.

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3 . Order number व/एनएएसआर/01/ 2017 dated 17.03.2017 issued by the Tahasildar, Rahuri, regarding deemed permission for non-
agricultural use of the land for commercial purpose.
4 . Photocopy of approved layout.
5 . Deed of Reconveyance of Mortgage on 15.11.2022 done by Kogta Financial services to be held on record
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6 . NOC from AU Small Finance Bank to be held on record before disbursement
7 . Reconveyance deed from AU Small Finance bank to be held on record before disbursement
8 . Zone Certificate and Property Tax paid receipt to be held on record
9 . Affidavit to be held on record from the customer confirming that FFPL shall have a charge on the residential property as well
and can demand for sales proceed in case of default and the customer shall co operate by selling his residential property to a
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suitable buyer and settle the outstanding Dues of FFPL

Insurance

As per your interest expressed in the Application form for taking insurance cover furnished below the details of the insurance
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products/covers offered by the aforesaid Insurer

The premium amounts including GST of the insurance products/covers are included in the Total Loan Amount Sanctioned
1. Loan Shield Insurance from KOTAK LIFE INSURANCE COMPANY LTD/ICICI PRUDENTIAL LIFE INSURANCE- Premium amount
is ₹2,08,603
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2. Residential Property Insurance from KOTAK GENERAL INSURANCE COMPANY LTD - Premium amount is ₹ 17,140
For more information about the insurance cover, product and terms, please read the product features carefully. The offer is
forwarded to enable you to confirm, by signing the Application form for the above insurance covers.
As per process, you may be required to undergo a medical examination for policy issuance purposes.
While insurers have already estimated and accounted for the external risks to your life in the premium cost, your health is the
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only variable.If you have any pre-existing diseases in your current health condition, it only means your life carries more risk and
the insurer may modify your premium (increase in case of higher risk). In the event of a serious medical condition or poor results
from your life insurance medical exam, there tends to be a rejection of the policy. In those circumstances, the loan facility may be
cancelled.

Customer Service: Customers can also contact through mail addressed to customercare@finaleap.com OR visit our nearest
branch office:

Customer care number +91-9511912883 / 91-20-29517282

Official working hours 9.30 AM – 6.30 PM : Monday – Friday

10.00 AM – 1.30 PM : Saturday (Except 2nd and 4th Saturday )

______________________ ______________________
DILIP OHOL SWATI OHOL
Terms And Conditions

1) The loan amount will be disbursed only after FFPL has thoroughly examined and verified the property documents. In case the
loan has been partially disbursed at the borrower's request, it will be the borrower's responsibility to provide the necessary
documents as requested by FFPL within 60 days from the first partial disbursement.
2) The borrower must pay the EMIs and Pre-EMI depending on whether it is partial or Full disbursement by the 10th day of each
month. It is mandatory for the borrower to submit an ECS / NACH mandate form for the payment or repayment of Pre-EMI / EMI to
the FFPL. The ECS/NACH mandate has to be registered before the disbursement is made. In case of failure of registration of the

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ECS/NACH mandate the customer shall have to submit additional 12 PDC’s and get the ECS/NACH mandate registered within the
next 15 days.

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3) The borrower agrees to provide the original title deeds of the property to FFPL upon execution of the mortgage deed. The title
deeds will serve as security for the loan, ensuring FFPL’s interest in the property as a surety. This will be in accordance with the
terms and conditions agreed upon between the borrower and FFPL in said clause.
4) In case of additional limits, the existing mortgaged property shall be extended to cover the proposed additional limit and / or as

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per the sanctioned conditions mentioned in FFPL policy.
5) Borrowers shall be liable to inform in writing & along with documentary evidence to FFPL about any changes below mentioned
i) Address
ii) Employment
iii) Job or Termination in Job
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iv) Business or location changes
v) Professional
vi) Loss/Damage to Property
vii) Additions/Alterations to the property
The borrower shall submit all mentioned changes within 30 days of the occurrence of the corresponding incident.
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6) This letter of Sanction shall stand revoked and cancelled and shall be - null and void if:
a. any material changes that occur in the data and facts provided will sanctioning the proposal.
b. any material changes concerning income, or ability to repay or any other relevant aspect of the proposal or application for
loan is withheld, suppressed, concealed or not made known at the time of availing the loan.
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c. any information provided in the loan application - found to be incorrect or untrue

d. found any major litigation cases.
7) Stamp duty, Registration Charges or any charges as applicable from time to time, on the loan and security documents or any
other document/s must be executed by borrower including other charges to be paid to CERSAI for Creation/Modification of
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Charge/Satisfaction of Charge & MITC (Most Important Terms Conditions) charges applicable from time to time as per MITC.
8) The issuance of this Sanction, does not give/confer any legal rights and FFPL has full liberty to revoke this said sanction, due to
any of the reasons mentioned above or otherwise.
9) This Letter of Sanction is valid for a period of 60 days from date of issuance.
10) Processing and Other Fees paid by borrower which shall be non-refundable.
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11) If you require any further clarification on your sanctioned loan amount, please feel free to contact at
customercare@finaleap.com.
12) The closure of the loan facility shall be initiated post receipt of request from the Borrower(s), subject to no overdue as on the
day of receipt of request for closure. FFPL shall share NOC within 30 days of closure of amount.
13) The original security document(s), if any, shall be handed over to the borrower(s) within 30 days from the date of receipt of
closure request, subject to no cross defaults / cross collaterals within FFPL.
14) Borrower(s) shall intimate FFPL on clearance of cross default / cross collateral, if any, and place fresh request for release of
security document(s), if any.
15) Post closure of the facility, the borrower shall collect the original security document(s), if any, from the FFPL’s branch / outlet
where the loan account was serviced or any other branch /outlet of the FFPL as per the borrower(s) preference communicated to
the service desk of the FFPL with mail Id customercare@finaleap.com.
For Finaleap Finserv Private Limited
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Dayanand Sake ,

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Credit Manager
Employee ID - FR000019
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I/We accept the terms and conditions of this letter of offer

Name Signature Date

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DILIP OHOL

SWATI OHOL
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