_.

kdrkZ dks eatwjh i=

lanHkZ - Retail-00002981310-LMS LFkku - POLLACHI

fnukad- 21-11-2024

izfr,
MR. MANOJKUMAR R
44 KAMATCHIAMMAN STREET ,
MALAYANDIPATTANAM ,
KOTTUR ,
POLLACHI ,
MALAYANDIPATTINAM , COIMBATORE
TAMIL NADU - INDIA . 642114

fç; egksn;/ egksn;k]

fo"k; : cM+kSnk vkWVks _.k - Baroda Car Loan ds fy, vkidk #- 5,00,000.00/- dk vuqjks/k-

vkids vkosnu i= fnukad 20-11-2024 ds lanHkZ esa ge lg"kZ lwfpr djrs gSa fd fuEu fu;e o 'krksaZ ds v/khu
vkidks mijksä _.k lqfo/kk çnku dh xbZ gS

mRikn dk uke :cM+kSnk vkWVks _.k

_.k dk mís'; :pkSifg;k okgu
fo'ks"k ;kstuk dk uke :Baroda Car Loan
lqfo/kk :Term Loan
dqy ykxr : 8,04,213.00/-
vuqjks/k dh xbZ lhek :#- 5,00,000.00/-
Lohdk;Z lhek :#- 5,00,000.00/-
chek çhfe;e jkf'k :NA
okLrfod ekftZu :37.83 %
miyC/k C;kt nj 9.75% okf"kZd gS] tks fd vxzfyf[kr dk ;ksx gS
Hkk-fj- cSad jsiks nj : 6.50 % ¼orZeku esa½ ,
ekdZ vi : 2.65 % ¼orZeku esa½ ,
j.kuhfrd çhfe;e 0.25 % (at present),
ØsfMV LçsM : 0.30% ¼orZeku esa½ ,
and Risk Premium of 0.05 % (at present),
Concession in Rate of Interest 0.00 %
C;kt dk Hkqxrku ekfld varjky ij fd;k tk,xk- cSad dks ekfld vk
/kkj ij C;kt nj ¼mijksä esa ls fdlh Hkh la?kVd dks 'kkfey djrs gq,½
iqufuZ/kkZfjr djus dk vf/kdkj gksxk-
dqy vof/k :24 eghus
_.k LFkxu :0
leku ekfld fdLrksa esa pqdrk fd;k tkuk
:24eghuksa ls Equated Monthly Installment Hkqxrku
gS
¼b,evkbZ½ ns; :#- 23,015.00/-
pqdkSrh vkjaHk : ONE MONTH AFTER FIRST DISBURSEMENT
çkslsflax 'kqYd :#- 885.00/-
viÝaV 'kqYd :#- 0.00 /-
fopyu 'kqYd :#- 0.00 /-
laforj.k : :
tksf[ke jsfVax
vkarfjd jsfVax Ldksj : : 39
vkarfjd jsfVax xzsM : : CL4
flfcy C;wjks Ldksj :
vkosnd dk flfcy C;wjks Ldksj :735
vkSlr flfcy Ldksj :735

iznÙk izfrHkwfr;ksa dk fooj.k :

çkFkfed:

Hypothecation of vehicle TATA MOTORS LTD Altroz valued at Rs. 8,04,213.00 /-

dksysVjy: NA

izfrHkwfr nLrkost:

1. ,yMhvkslh 1 lR;kiu Kkiu

2. ,yMhvkslh 57 rRdky vnk;xh andapos;krZ ;qDr fdLr i=
3. ,yMhvkslh 72 fodzsrk dks lh/ks Hkqxrku djus laca/kh izkf/kdkj i=
4. eatwjh i=
5. Lokxr i=

fu;e o 'krsZa % :

1. This sanction is valid for Six months from the date of sanction

2. Equated monthly instalments are fixed for the convenience of the borrower, whereby interest
payable towards the loan is spread over the entire term of repayment fixed. The repayment of all
such equated monthly instalment will not be construed as full repayment /settlement of loan
account. On payment of all equated monthly instalments, residual amount if any, in the account
due to debiting of overdue / penal interest / additional interest as a consequence of revision in
interest rates, other incidental charges shall be paid separately by the borrower

3. Insurance (sum assured) should cover atleast 100% of Banks loan outstanding at all times.

4. Bank reserves the right to recall the concessions, if any, if the account is not conducted satisfactory
as per stipulated terms of sanction.

5. Insurance policy should be duly assigned in favour if Bank with Banks first charge.
 6. Insurance may be availed from any insurance provider ie our tie-up partenered companies as well
as other companies.

7. The Borrower shall be responsible for bearing Prepayment/Part payment charges at a rate of 2%
plus GST on amount pre-paid in case the cumulative pre-paid amount exceeds Rs. 40,000 within
the initial 1-year from the date of first disbursement of loan amount

8. The Borrower shall be responsible for bearing Prepayment/Part payment charges at a rate of 2%
plus GST on amount pre-paid in case the cumulative pre-paid amount exceeds Rs. 40,000 within
the initial 1-year from the date of first disbursement of loan amount

9. The Borrower shall be responsible for bearing Prepayment/Part payment charges at a rate of 2%
plus GST on amount pre-paid in case the cumulative pre-paid amount exceeds Rs. 40,000 within
the initial 1-year from the date of first disbursement of loan amount

10. The Borrower shall be responsible for bearing Prepayment/Part payment charges at a rate of 2%
plus GST on amount pre-paid in case the cumulative pre-paid amount exceeds Rs. 40,000 within
the initial 1-year from the date of first disbursement of loan amount

11. Penal interest @ 2% p.a. will be charged for non-payment / delayed payment / breach/violation
/non-compliance of any terms of the sanction on overdue amount for overdue period

12. The unified processing charges at the rate prescribed by the Bank and Service Tax and Education -
Cess thereon as prescribed by Government of India will be borne by the borrower .

13. Bank reserves the right to recall the concessions, if any, if the account is not conducted satisfactory
as per stipulated terms of sanction.

1. ;g Lohd`fr dh rkjh[k ls 6 eghus ds fy, oS/k gS-

2. leku ekfld fdLrksa bZ,evkbZ dk fu/kkZj.k _.kdrkZ dh lqfo/kk dks /;ku esa j[kdj fd;k tkrk gS] tgka iwjs
_.k ds fy, fy;k tkus okyk C;kt _.k dh iwjh vof/k esa foLrkfjr gksrk gS- ,slh lHkh leku ekfld fdLrksa
dk Hkqxrku _.k [kkrs dh iw.kZ pqdkSrh@ _.k dk fuiVku ugha ekuk tk,xk- lHkh leku ekfld fdLrksa bZ,
evkbZ dk Hkqxrku gks tkus ij [kkrs esa vfrns;@ n.M C;kt @ C;kt nj esa ifjorZu gksus ij vfrfjDr C;kt]
vU; vkdfLed izHkkj ds ukes fd, tkus ds dkj.k andapos;ksandquot;k jkfandapos;k] ;fn dksbZ gks] dk _.
kdrkZ }kjk vyx ls Hkqxrku fd;k tk,xk-

3. cSad ds _.k cdk;k dk de ls de 100 izfrandapos;kr chek chfer jkfandapos;k }kjk doj gksuk pkfg,-

4. fu/kkZfjr fu;e o andapos;krksaZ ds vuqlkj [kkrs ds larksandquot;ktud lapkyu u gksus ij [kkrs ij nh tk

jgh fdlh NwV dks lekIr djus dk vf/kdkj cSad ds ikl lqjf{kr gS-

5. chek ikWfylh dks cSad ds i{k esa igys izHkkj ds lkFk leuqnsfandapos;kr fd;k tkuk pkfg,-

6.
 6. fdlh Hkh chek iznkrk vFkkZr gekjh VkbZand;vi Hkkxhnkjh okyh daifu;ksa ds lkFkand;lkFk vU; daifu;ksa ls
chek dk ykHk fy;k tk ldrk gS-

7.
8.
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mYya?ku o vuqikyu u fd;s tkus ij 2 izfrandapos;kr okfandquot;kZd dh nj ls n.M C;kt dh olwyh dh
tk,sxh-

12. cSad }kjk fu/kkZfjr nj ij ,dhd`r izkslsflax andapos;kqYd ,oa Hkkjr ljdkj }kjk fu/kkZfjr lsok dj vkSj
fandapos;k{kkand;midj dk _.kdrkZ }kjk ogu fd;k tk,xk-

13. fu/kkZfjr fu;e o andapos;krksaZ ds vuqlkj [kkrs ds larksandquot;ktud lapkyu u gksus ij [kkrs ij nh tk
jgh fdlh NwV dks lekIr djus dk vf/kdkj cSad ds ikl lqjf{kr gS-
 LETTER OF SANCTION TO THE BORROWER

Ref: ADV/ Retail-00002981310-LMS Place: POLLACHI

Date: 21-11-2024

To,
MR. MANOJKUMAR R
44 KAMATCHIAMMAN STREET ,
MALAYANDIPATTANAM ,
KOTTUR ,
POLLACHI ,
MALAYANDIPATTINAM , COIMBATORE
TAMIL NADU - INDIA . 642114

Dear Sir / Madam,

RE: Your request for Baroda Auto Loan - Baroda Car Loan of Rs. 5,00,000.00/-

With reference to your application dated 20-11-2024, we are pleased to inform you that we have
sanctioned you the above credit facility, on the terms and conditions as under:

TERMS AND CONDITIONS:

NAME OF PRODUCT :Baroda Auto Loan

PURPOSE OF LOAN :@VEHICLES FOUR WHEELER
NAME OF THE SPECIFIC SCHEME :Baroda Car Loan
FACILITY :Term Loan
TOTAL COST : 8,04,213.00/-
LIMIT REQUESTED :Rs. 5,00,000.00/-
PERMISSIBLE LIMIT :Rs. 5,00,000.00/-
Insurance Company : NA
Insurance Scheme: NA
INSURANCE PREMIUM AMOUNT: NA
ACTUAL MARGIN : 37.83 %
Applicable Rate of Interest is 9.75% , per annum ,
which is a sum of RBI Repo Rate : 6.50 % (at present),
Mark Up of : 2.65 % (at present),
Strategic Premium 0.25 % (at present),
Credit spread of 0.30% (at present) ,
RATE OF INTEREST
and Risk Premium of 0.05 % (at present),
Concession in Rate of Interest 0.00 %
The Interest shall be payable at monthly rests. The Bank shall be
entitled to reset the Interest rate (including any of its components
mentioned above) on monthly basis.
TOTAL PERIOD :24months
MORATORIUM :0
REPAYBLE IN :24 months by Equated Monthly Installment Payment
EMI :Rs. 23,015.00/-
COMMENCING FROM : ONE MONTH AFTER FIRST DISBURSEMENT
Installment Commencement Date(DD
: 04-01-2025
/MM/YYYY)
PROCESSING CHARGES : Rs. 885.00/-
UPFRONT CHARGES :Rs. 0.00 /-
DEVIATION CHARGES :Rs. 0.00 /-
DISBURSEMENT :
RISK RATING
INTERNAL RATING SCORE : 39
INTERNAL RATING GRADE : CL4
CIBIL BUREAU SCORES:
CIBIL BUREAU SCORE OF
:735
APPLICANT
AVERAGE CIBIL SCORE :735

Details of Securities offered:

Primary:

Hypothecation of vehicle TATA MOTORS LTD Altroz valued at Rs. 8,04,213.00/-

Collateral : NA

SECURITY DOCUMENTS:

1. Key Facts Statement

2. LDOC 1 Attestation Memo
3. LDOC 144 C Loan Agreement
4. LDOC 57 Letter of instalment with accelaration clause
5. LDOC 72 Letter of authority to make payment directly to the dealers
6. Sanction Letter
7. Welcome Letter

Terms &Conditions :

1. This sanction is valid for Six months from the date of sanction

2. Equated monthly instalments are fixed for the convenience of the borrower, whereby interest
payable towards the loan is spread over the entire term of repayment fixed. The repayment of all
such equated monthly instalment will not be construed as full repayment /settlement of loan
account. On payment of all equated monthly instalments, residual amount if any, in the account
due to debiting of overdue / penal interest / additional interest as a consequence of revision in
interest rates, other incidental charges shall be paid separately by the borrower
 3. Insurance (sum assured) should cover atleast 100% of Banks loan outstanding at all times.

4. Insurance policy should be duly assigned in favour if Bank with Banks first charge.

5. Insurance may be availed from any insurance provider ie our tie-up partenered companies as well
as other companies.

6. The Borrower shall be responsible for bearing Prepayment/Part payment charges at a rate of 2%
plus GST on amount pre-paid in case the cumulative pre-paid amount exceeds Rs. 40,000 within
the initial 1-year from the date of first disbursement of loan amount

7. Penal interest @ 2% p.a. will be charged for non-payment / delayed payment / breach/violation
/non-compliance of any terms of the sanction on overdue amount for overdue period

8. The unified processing charges at the rate prescribed by the Bank and Service Tax and Education -
Cess thereon as prescribed by Government of India will be borne by the borrower .

9. Bank reserves the right to recall the concessions, if any, if the account is not conducted satisfactory
as per stipulated terms of sanction.

Conditions for Reset of EMI on account of Rate of Interest Revision (If applicable)

A. For Floating Rate Loans:

a) Rate of Interest applicable in the loan is floating in nature. EMI and / or tenor or both will be adjusted
for change in benchmark interest rate.

b) The effect of change in rate of interest will be given according to options given. Customer to give his /
her choice within a time period stipulated by the Bank from time to time after change of benchmark
interest rate.

c) Customer will have the following options at the time of reset of interest rate-

(i) Enhancement of EMI keeping tenor of loan unchanged.

(ii) Elongation of tenor (subject to compliance of scheme guidelines) and keeping EMI at existing level.

(iii) Combination of above both options.

(iv) to prepay, either in part or in full, at any point during the tenor of the loan along with options
available above

d) In case, option is not given by the customer, the effect will be given as under-

(i) As per option given at the time of sanction / option given at the time of immediate preceding rate rise.
Else

(ii) First period will be increased to the extent possible as per Bank’s guidelines. Thereafter, EMI amount
will be increased (if required) so that loan is closed within revised period.

e) Customer will also have option to switch over to fixed rate. Fixed rate will be reset at periodic level as
per Bank’s guidelines. Charges as applicable at the time of exercising this option are to be borne by the
customer. This option can be exercised maximum -3- times or as decided by the Bank from time to time
during the entire loan tenor.

B. For Fixed Rate Loans:

a) Fixed Rate will be reset every -3- years.

b) Borrower can switch in either of the option at any time once in every 3 years. A borrower can switch
from fixed to floating or floating to fixed maximum 3 times during entire tenure of the loan (i.e.
Presently a Floating rate customer can move to fixed rate, then again to floating rate and then to fixed
rate. Thereafter no change allowed).

c) Charges as decided by the Bank from time to time will be levied for exercising such option. d) Rate
applicable at the time of switching from floating rate to fixed rate will remain fixed for -3- years.

d) Option can be exercised at the time of EMI resetting in case of increase in ROI, within 15 days from
the date of change in ROI.

e) Rate applicable at the time of switching from floating rate to fixed rate will remain fixed for -3- years.

f) Under fixed rate regime, ROI will be reset after -3- years based on the then applicable spread thereon.

g) Lock-in-period for fixed rate loan will be -3- years i.e. borrower can switch to floating rate only after
expiry of lock-in-period.

h) If customer requests for switchover from fixed to floating, undertaking will be obtained that he / she
will not takeover the account to other bank within next 12 months.

In view of above, due to reset of EMI-

a) Loan period of the borrower may increase subject availability of the room for elongation of the period.

b) As a consequence of elongation of loan tenor, GCLI cover obtained, if any, may not be available for
extended period.

c) Further, Fixed Rate comes with different stipulation w.r.t. reset of interest rate, charges etc.

Terms and Conditions - Penal Charges

For Borrowers -
S.No Nature of Non-Compliance Quantum of Penal Charges
Sanction Amount Penal Charges
Up-to Rs.25000/- NIL
Delayed payment of dues including Principal
1 Interest, Service charges etc. in case of Above Rs.25000/- and up to 1% p.a. on the
Priority Sector Loans Rs.2.00 Lakhs amount of default.
2% p.a. on the
Above Rs.2 Lakhs
amount of default.
Sanction
Penal Charges
Delayed payment of dues including Principal Amount
2 Interest, Service charges etc. in case of other Up-to Rs.10000/- NIL
than Priority Sector Loans. Above Rs. 2% p.a. on the amount of
10000/- default.
Loan/
Limit Amount of charges
(FB+NFB)
Not
exceeding NIL
Rs.10 Lakhs
Above Rs.
1% p.a. on the outstanding balance of
10 Lakhs
credit facilities of borrower up to the
but not
due date of renewal and thereafter
Penal charges for non – submission of all the exceeding
1.50% p.a. till the date of
required financial papers/ other documents/ Rs.7.50
3 submission.
any relevant information before one month crore
review due date of the borrower’s account/s. 1% p.a. on the outstanding balance of
Above Rs. credit facilities of borrower up to the
7.50 crore due date of renewal and thereafter
2% p.a. till the date of submission.
If a borrower has submitted the required financial
papers/documents/information required for renewal
/review of the account within the specified
timeline and the renewal / review is pending at the
Bank’s level, no penal charges will be imposed in
such circumstances.

Penal charges are to be applied solely to overdue payments (instalments and / or interest/service charges
etc.), for the period they remain unpaid beyond their due date and are to be calculated based on the actual
number of days of default but will be debited on a monthly basis.

Penal Charges @ 2% p.a. on the outstanding balance of credit facilities of the borrower for the default
period will be levied in case of following:

Delay in Creation of Mortgage / Extension of Mortgage (except permitted in sanction).

Breach in Financial Covenants as per sanction terms and condition

 Non-Submission of documents as per sanction terms

Non-Closure of Current Accounts as per sanction terms

Non-compliance in security perfection as per sanction terms

Any other breaches / non-compliance in material terms of sanction

Delay in submission of Audited Financial Statements. (if applicable)

Non-compliance in carrying out of External Credit Rating of our eligible exposure. (if applicable)

Other conditions

GST on penal charges will be applicable as per the extant guidelines of the Bank.

If penal charges remain uncollected in respect of Non-Performing Asset (NPA) accounts, penal
charges shall be reversed to the extent it remains uncollected for the specific purpose of non-
recognition of income. However, the same shall be part of the total liability of the borrower to the
Bank

Penal charges shall not exceed 2% of the outstanding balance of credit facilities of borrower,
irrespective of the number of non-compliance instances.

Additional penal charges cannot be levied on the earlier outstanding amount of penal charges.

There shall be no capitalization of penal charges i.e. no further interest shall be computed on such
charges. However, this will not affect the normal procedures for compounding of interest in the
loan account. Bank may charge interest on unpaid interest (including on unpaid EMI) at the
contracted Rate of Interest till the date of repayment.

;g lqfo/kk vkidks okf"kZd leh{kk ds v/khu 24 ekg dh vof/k ds fy;s çnku dh xbZ gS- cSad ds ikl ;g
vf/kdkj lqjf{kr gksxk fd og bl lqfo/kk dks okil ys ys vFkok vius fu;e o 'krksaZ esa dHkh Hkh ifjorZu dj lds-
cSad dks ;g Hkh vf/kdkj gksxk fd fdlh fu;e o 'krksaZ dk vuqikyu u djus ;k mYya?ku djus] dksbZ lwpuk@fooj.k
ds xyr ik;s tkus vFkok ,sls fLFkfr ds mHkjus ftlesa cSad dh jk; esa _.k@ lqfo/kk dks tkjh j[kuk cSad ds fgrksa
ds fo#) gksxk] cSad }kjk fcuk dksbZ dkj.k crk, lqfo/kk@_.k dks can djus dk vf/kdkj gksxk-

The facility is granted to you for a period of 24 months, subject to annual renewal, the Bank reserves the
right to recall the facility or alter the terms and conditions at any time, during the currency of the facility.
Bank also reserves the right to discontinue the facility/advance and to with-hold/stop any disbursement,
without giving any notice in case of non-compliance/breach of any of the terms and conditions stipulated
herein, or any informations / particulars furnished to us found to be incorrect or in case of any
development or situations wherein in the opinion of the Bank, its interest will be/ is likely to be
prejudicially affected by such continuation or disbursements.

;fn vkidks mi;qZä fu;e o 'krsaZ Lohdk;Z gSa rks —i;k bl i= ij bl vk'k; ds vius gLrk{kj ds ckn bls gesa
okil dj nsa fd vkidks bl Loh—fr ds lHkh fu;e o 'krZ Lohdk;Z gS- If the above terms and conditions are
acceptable to you, kindly arrange to return a copy of this letter duly signed, for having found acceptable
/accepted the terms and conditions of sanction

Hkonh;
Yours faithfully,

'kk[kk çca/kd
Branch Manager

Lohdkj fd;k x;k

Accepted

( MR. MANOJKUMAR R )
_.kdrkZ /Borrower

LFkku Place
fnukad Date