KEY FACT SHEET
This forms part of the loan cum hypothecation agreement dated 20/11/2023* executed online by with HDFC BANK LIMITED. For the purpose of
stamp duty, this statement of key terms is to be the principal document executed between the Parties The Borrower hereby confirms and agrees
that he has executed loan cum hypothecation agreement dated 20/11/2023 with HDFC Bank Limited through an online acceptance and one time
pin generated by the Bank, which Agreement has the below mentioned key terms and conditions and confirms that he is fully bound by the said
Agreement and the below mentioned key terms.
SCHEDULE
Loan Agreement No. 1090606170 Agreement Date (DD/MON/YYYY) 20/11/2023
Place of Agreement HDFC Bank Limited Borrowers Constitution Self Employed
Borrowing Purpose (Personal / Personal Borrower Registered Email ID SHAIKSARFARAJ353@GMAIL.COM
Commercial User)
Name & Address of the Borrower SK SARFARAJ H NO 5-754/1 - TADKAL MEDAK . . MEDAK TELANGANA 502287
VEHICLE DETAILS
Vehicle MaKe SHINE Model HONDA SHINE DRUM BSVI
Engine Number Chasis Number
Vehicle Registration No. Year of Manufacture
Asset cost Rs. 99127/-
Dealer Name and Location SAI SRK MOTORS
LOAN DETAILS & CHARGES
Details (given below for illustrative computation purposes only)
i) Loan amount (amount
disbursed/to be disbursed to the Rs. 95273/-
borrower) (in Rupees)
Pre mature closure charges Post Cooling Period of 3 Days:
ii) Total interest charge during the -- Upto 12 months - 6% of principal outstanding
entire tenor of the loan (in Rupees) 8995 --13-24 months from 1st EMI - 5% of principal outstanding
--Post 24 months from 1st EMI - 3% of principal outstanding
iii) Other up-front charges, if any --NIL Pre mature closure Charges for Fixed rate loan facility up to Rs. 50
(break-up of each component to Rs.2190.00/- Lakh availed by Micro & Small Enterprises and Closure from Own
be given below) (in Rupees) Source
a) Processing fees, if any (in Rs. 500/-
Rupees)
b) Collateral / PDD Charges Rs. 590/-
c) Documentation Charge Rs.600/- Upto 2% of Loan Amount
d) Stamp Duty & Other statutory As per applicable laws of the state
charges :
e) Others (if any) (in Rupees) Loan Cancellation Post cooling period of 3 Days:
(details to be provided) NIL (However client would be charged interest for the interim period
between date of loan disbursement to loan cancellation and Processing
iv) Total Insurance Rs. 1102.00/- fees, Documentation charges, Stamp duty, other statutory charges and
GST which are non-refundable charges would not be waived/ refunded)
a) Sarv Surkasha, If any (in Rs.718/-
rupees)
b) Credit Protect Rs.384/-
c) Extendend Warranty No Due certificate /No objection
certificate: NIL
d) Any other Insurance
e) Motor Insurance, if any (in Rs.0/-
Rupees)(From Bank)
Duplicate NOC : Rs. 500/- Per request
f) Motor Insurance, if any (in
Rupees)(From Dealer)
v) Net disbursed amount ((i)-(iii)- Rs. 91981.00/-
(iv)) (in Rupees)
vi) Total amount to be paid by the Special NOC : Rs. 250/-
borrower/dealer (sum of (i), (ii), (iii) Rs.107560.00/-
and (iv) ) (in Rupees)
vii) Customer Rate of Interest 16.99
viii) Annual Percentage Rate -
Effective annualized interest rate Amortization Schedule Charges / Rs. 50/-
(in percentage) (computed on net Repayment Schedule Charges
disbursed amount using IRR
approach and reducing balance
method)
ix)Tenor of the Loan (in Months
months/days)
Repayment mode change charges Rs. 500/-
x) Installment Frequency Monthly
Monthly / Bi-Monthly/ Differential
xi) Number of instalments of 12
repayment / EMI's
xii) Amount of each instalment of CIBIL Charges Rs. 50/- per request
repayment (in Rupees) / EMI Rs.8689/-
Amount
xiii) EMI Start Date 05-Dec-2023
xiv) EMI End Date 05-Nov-2024 Loan Rebooking / Reschedulement Rs. 525/-
charges
xv) EMI scheme (Advance / Arrears
Arrears)
xvi) Advance EMIs (No's) 0 Legal / Collection/ Repossession
and Other incidental charges At Actual
xvii) Advance EMI amount Rs. 0/-
DETAILS ABOUT CONTINGENT CHARGES
Delayed Instalment payment 18 % p.a. Plus applicable Payment Return Charges
charges government taxes on overdue Rs. 450 Per Instance
instalment amount
Details of security/collateral obtained Hypothecation of vehicle
Date on which annual outstanding 31st May
balance statement will be issued
* Govt Taxes & Levies and other government levies, as applicable would be charged additionally.
*Loan Processing fees, Documentation charges & Stamp Duty is non-refundable.
*Collateral Charges / PDD Collection charges are refundable in case of loan cancellation
*Zero Processing Fees for loan facility up to Rs. 5 Lakh availed by Micro & Small Enterprises
*10% Discount to senior citizen on all the service charges.
OTHER DISCLOSURES
Cooling off/look-up period during
which borrower shall not be
charged any penalty on
prepayment of loan and can exit
digital loan by paying the principal 3 Days
and the proportionate APR.
Stamp duty and other statutory
charges which are non-refundable
charges would not be
waived/refunded.
In the event of default, the details of authorised associate to approach for recovery of dues will be intimated to
Details of LSP acting as recovery you through a payment reminder communication and any change in details would be intimated to you thereon.
agent and authorized to approach List of authorised associates empanelled for handling collections are updated on the bank’s website
the borrower (https://www.hdfcbank.com/content/bbp/repositories/723fb80a-2dde-42a3-9793-7ae1be57c87f/?
path=/Common%20Overlays/Feedback/PDFS/Banking%20Ombudsman%
20Scheme/list_of_recovery_agency.pdf) for reference.
Name, designation, address and
phone number of nodal grievance
redressal officer designated https://www.hdfcbank.com/personal/need-help/grievance-redressal-digital
specifically to deal with FinTech/
digital lending related complaints/
issues
Privacy Policies of the HDFC Bank https://www.hdfcbank.com/personal/useful-links/privacy
Name of Customer: SK SARFARAJ
Signature of Borrower:
SIGNED BY THE HDFC BANK SIGNATORY
