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Inprinciple Letter

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0% found this document useful (0 votes)
36 views2 pages

Inprinciple Letter

letter

Uploaded by

a
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 2

Congratulations!

Your In-principle approval Letter


Application No. CW-ATL-83628-1950113

To , SHIRISHA ENTERPRISES
Approved on : 29-09-2023
We are pleased to inform that you have received an in-principle approval for Term Loan
Mudra loan of Rs.200,000/- This will be subject to satisfactory submission of various
documents etc. by you and satisfactory Due Diligence and other Reports as per
requirements of the Bank.

Product MUDRA Loan - CB MUDRA TL UPTO 2LACS WITHOUT ITR

Loan amount Rs 200,000

Interest rate 9.3 %

Loan Tenure 4 years

Processing Fees 0.0 % (Min Rs.0 Max Rs.0)

EMI Rs5,006

Category Kishor

Bank Branch Details

Branch Name BORIVALI WEST

Branch Code 0126

IFSC Code CNRB0000126

Contact No. -

Address MUMBAI Mumbai Maharashtra

Page : 1
The Bank representative will contact you soon for further proceedings. Now all you need to
do is to keep the documents ready in original along with a copy of this letter for swift
proceedings and processing. These documents/papers/enclosures (copies and originals) will
be required for appraisal and processing of loan.

Note:
• The Banker will have the option to request shifting of existing facilities / limits to their Bank
OR ask for pari-passu charges / exclusive charges as the case
• Applicant will also be liable to bear the actual expenses pertaining to Stamp duty,
Registration Charges, Government & Other charges and taxes as and when applicable. In
addition to this, Legal fee, Valuation fee, and other actual costs pertaining to the
processing of loan may be borne by the applicant.

Indicative list of documents: Refer attached sheet


The document requirements mentioned above are indicative and Bank reserves the right to
call upon additional documents at its discretion based on credit, risk, compliance, loan and
other applicable policies/guidelines of the Bank.

Disclaimer:
The in-principle approval for the loan is subject to the accuracy and correctness of information and data provided by you, its successful
verification and satisfactory completion of comprehensive due diligence as per Banks standards and regulations. This letter shall stand
unilaterally revoked and cancelled by us and shall be absolutely null and void, if any discrepancies are found in the information and data
you have provided based on which the said loan is in -principally approved by the Bank. Please note that availability of Loan/ Finance shall
be at the sole discretion of the Bank. The Bank reserves the right to approve /reject any loan application without assigning any reason
whatsoever.

PSBLOANSIN59MINUTES merely acts as an online platform for availing Loan from the Bank & does not make any loan offer or does not
guarantee any loan on its own behalf as well as on the behalf of the Bank. There will be no liability of the platform with respect to the
Products rolled out by any Bank on the Platform.

Please note that, the Platform/Company or any authorized person of it’s never ask you to pay or authorized someone to give any services
on behalf of you post issuance of this in-principle approval. Kindly refrain from giving any information or money to such person.
Platform/Company will not be responsible for any such dealing by you.

Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual
property owners. Display of such IP along with the related products information does not imply the Platform’s partnership with the owner of
the Intellectual Property or issuer of such products.

Page : 2

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