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Sanction Letter

DMI Finance Private Limited has sanctioned a loan of Rs. 573,000 to Haldoraj Dharmaraj with an interest rate of 15.99% per annum and a repayment period of 60 months. The processing fee is Rs. 11,460, and various charges apply for late payments and prepayments. This offer is valid for 30 working days from the date of the letter, January 24, 2025.

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36 views1 page

Sanction Letter

DMI Finance Private Limited has sanctioned a loan of Rs. 573,000 to Haldoraj Dharmaraj with an interest rate of 15.99% per annum and a repayment period of 60 months. The processing fee is Rs. 11,460, and various charges apply for late payments and prepayments. This offer is valid for 30 working days from the date of the letter, January 24, 2025.

Uploaded by

Naveen bca
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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DMI FINANCE PRIVATE LIMITED

SANCTION LETTER
Date:2025-01-24

Name: Haldoraj Dharmaraj

Co-Borrower/Guarantor: NA
Address Detail: 3/110, Thoratti/Katteridam, Athigaratti, The Nilgiris.
Dear Sir/Mam,

Please refer to your financial assistance application DMI0043397498 for a loan/line facility from DMI Finance
Pvt Ltd. We are happy to inform you that we have sanctioned a sum of Rs.175000/-against your application.
The following are the broad Terms & Conditions governing the financial assistance.

01 Sanction Amount 573000


02 Rate of Interest % P.A (Annualized) 15.99
03 Tenor (Months) 60
04 Processing Fees 11460
05 Insurance NA
06 Overdue Charges 2%PMonoverdueamount+GST
07 Prepayment Charges 4%+GST on balance Principal + Accrued Interest + Charges(if
any)
08 Late Payment Fees Rs650+GST
09 Sourcing Partner Ruloans

This offer is valid upto 30 working days from the date of issue.

Charges & deductions applicable to this loan are as mentioned in the application form and sanction letter.

DMI FINANCE PVT LTD.

This is a system generated letter and does not require any signature

Registeredoffice-ExpressBuilding,3rdFloor,9-10,BahadurShahZafarMargNewDelhi-110002
Website-www.dmifinance.in
CustomerPortal-https://portal.dmifinance.in/
WhatsApp-9350657100(https://bit.ly/DMIFINWA)

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