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Education Loan Sanction Letter

The document confirms the sanction of an educational loan of INR 25,00,000 to applicant Mangesh Suresh Date. The loan has a 14.60% interest rate, a tenor of 60 months, and monthly installments of INR 58,951. It also includes a non-refundable processing fee of INR 5,900.

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82 views1 page

Education Loan Sanction Letter

The document confirms the sanction of an educational loan of INR 25,00,000 to applicant Mangesh Suresh Date. The loan has a 14.60% interest rate, a tenor of 60 months, and monthly installments of INR 58,951. It also includes a non-refundable processing fee of INR 5,900.

Uploaded by

cagopalofficebackup
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
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Branch Code: 08043

Bank's PAN: AAACS8577K

TO WHOMSOEVER IT MAY CONCERN

Loan Account No : 48854164476


Applicant : Mangesh Suresh Date

Co-Applicant: None

Address: S/O Suresh Date, 14, NEAR MARUTI TEMPLE, AT- GONDEGAON,
TAL- NIPHAD, PIMPALAS, NASHIK

Dear Customer,

Subject: Sanction of Educational Loan of INR 25,00,000.00 ( Twenty Five Lakh Only )

We are pleased to communicate the sanction of the loan, subject to the terms and conditions
mentioned here under.

Terms & Conditions of Sanction


Type of Loan Educational Loan
Loan amount sanctioned INR 25,00,000.00 (Twenty Five Lakh Only)
Rate of Interest 14.60% p.a.
Tenor 60 Months
Installment amount INR 58,951.00 ( INR Fifty Eight Thousand Nine Hundred Fifty One
Only ) due on 10th of every month
Processing Fees (Non INR 5,900 (Inclusive of GST)
Refundable)

** This is a system generated certificate and does not require a signature **

Classification: Confidential

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