EXCLUSIVE LEASING AND FINANCE PRIVATE LIMITED

(Formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED)

|Regd. Off:- 321, 322 Narain Manzil Building, New Delhi -110001|
|Corp Off.: 87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-144001|
|WhatsApp No .: 7837078390| Toll Free no 18008907077 |E-mail: info@ezcapital.in|
Grievance officer Mail id : Mr. Hitesh Arora, Designation: Deputy. Manager
Contact Number: +011- 45576003, E-mail ID hitesh.arora@ezcapital.in
Company CIN: U65921DL1984PTC018746

Sanction Letter

Date : 27/02/2025

Loan Application Number : 1400004676

Branch : MEERUT,

Details of the Borrower : Mr. Surendra Sharma

Details of the Co-Borrowers : Mrs. Kashish Sharma

Details of the Guarantor :

Details of Lender : Exclusive Leasing and Finance Private Limited (Formerly known as Exclusive
Leasing and Finance Ltd.)(ELFPL)
Regd Office: # 321, 322 Narain Manjil 3rd Floor Connaught Place Barakhamba
Road,. New Delhi 110001
Corp Office: #87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-
144001
Dear

Sir/Madam

You are required to acknowledge the acceptance of the terms and conditions as communicated & specified herein
in respect of the Loan facility. The Sanction Letter is therefore sent to you in duplicate. You are requested to return
one copy duly signed at the relevant space in token of having accepted these terms and conditions of the sanction
letter. On receipt of the copy of Sanction Letter duly signed by you and your executing the required documents as
per the terms of this Sanction Letter we will arrange to disburse the facility amount.

Terms and conditions of the Loan:

Loan Category (Product ) (NITR) Secured Against Property

Purpose of Facility Customer wants funds for Balance Transfer

Loan Sanction Amount in INR 10,08,542.00/- (Ten Lakhs Eight Thousand Five Hundred Forty Two only)

Tenure (in months) 120

Type of Interest Fixed

Rate of Interest ( Reducing ) 20.00 % per annum

APR % 23.69

Equated Monthly Installment (EMI) Rs 19,491.00 /-

 EXCLUSIVE LEASING AND FINANCE PRIVATE LIMITED
(Formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED)
|Regd. Off:- 321, 322 Narain Manzil Building, New Delhi -110001|
|Corp Off.: 87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-144001|
|WhatsApp No .: 7837078390| Toll Free no 18008907077 |E-mail: info@ezcapital.in|
Grievance officer Mail id : Mr. Hitesh Arora, Designation: Deputy. Manager
Contact Number: +011- 45576003, E-mail ID hitesh.arora@ezcapital.in
Company CIN: U65921DL1984PTC018746

Security details Property Owner Name 1 : Kashish Sharma

Property Owner Name 2 :

Property Owner Name 3 :

Property Owner Name 4 :

Property Owner Name 5 :

Property Owner Name 6 :

Property address (with Pin code) : Commercial/residential Proerty Nagar

Nigam Old No-16 And Present No-18 At Punjabi Pura Meerut Meerut,
Meerut, Uttar Pradesh, India, 250002

Login Fees Rs 2360

Total Deduction Amount Processing Fees Rs 35299

(.............%) + GST Rs 41653 (Including GST)

Compliance Charges Rs 1000 (As Per MITC)

Legal and Technical Charges Rs 4000

Documentation Charges Rs 500 /- 500 (Including Gst )

other then saral Scheme
Other charges (if any) Rs……………………/-

Net Disbursal Amount** 892847.00/-

Penal Interest 3% per month on overdue amount, in addition to Interest charged on loan.

Validity of Sanction 30 days from date of Sanction Letter.

EMI Due Date 10th of every month

Repayment Mode Repayment of the Loan shall be paid monthly through NACH.

S. No Type of Name of the Insurer Name Total sum Premium Tenure Insurance
Insurance insured person Assured (in Amount (in Financed by
Rs.) Rs.)
1 Life Insurance Surendra Digit Life 940000.00 37387.00 10 NBFC
Sharma

2 Medical Surendra ICICI Lombard 940000.00 2407.00 1 NBFC

Insurance Sharma

3 Medical Kashish ICICI Lombard 940000.00 2407.00 1 NBFC

Insurance Sharma

4 Medical Surendra ICICI Lombard 940000.00 20240.00 2 NBFC

Insurance Sharma
 EXCLUSIVE LEASING AND FINANCE PRIVATE LIMITED
(Formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED)
|Regd. Off:- 321, 322 Narain Manzil Building, New Delhi -110001|
|Corp Off.: 87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-144001|
|WhatsApp No .: 7837078390| Toll Free no 18008907077 |E-mail: info@ezcapital.in|
Grievance officer Mail id : Mr. Hitesh Arora, Designation: Deputy. Manager
Contact Number: +011- 45576003, E-mail ID hitesh.arora@ezcapital.in
Company CIN: U65921DL1984PTC018746
5 Property Kashish ICICI Lombard 940000.00 6101.00 10 NBFC
Insurance Sharma
Sharma

Prepayment/Part payment and Prepayment allowed only after 6 months of loan disbursement
Foreclosure Charges date. Part Prepayment will be allowed upto Twenty Five Percent of
loan outstanding amount without any charges in a year. In case
part prepayment exceeds Twenty Five Percent, then Three
Percent penalty will be charged on part prepayment amount.
Foreclosure Charges

Term for which the account has Pre-payment Charges in %

Up to 1 year 8% of loan outstanding amount

Between 1 to 3 years 5% of loan outstanding amount

After 3 years 3% of loan outstanding amount

Amendment Charges If any condition of sanction is sought to be charged post

disbursement, then a charge of 0.25% of loan outstanding
amount + GST or Rs. 5000 + GST whichever is lower/.

Cheque Bouncing/ NACH 1000/- plus applicable GST

Failure/Bouncing
Legal & Technical to be positive and complete property papers as per the same

Sanction Conditions

1 Loan will be disbursed subject to Legal and Technical Clearance

2 Disbursement is subject to providing the latest bank statements of all accounts

3 All original documents to be self-attested by Applicant

4 All original documents to be self-attested by Co-applicant

5 All original documents to be provided for verification before disbursement

6 6 PDCs required

7 We would take repayment from Applicant Mr. Surendra Sharma State Bank of India Saving
Ac-'34541651400,

8 4% Roi waiver to be documented in file before disbursement

 EXCLUSIVE LEASING AND FINANCE PRIVATE LIMITED
(Formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED)
|Regd. Off:- 321, 322 Narain Manzil Building, New Delhi -110001|
|Corp Off.: 87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-144001|
|WhatsApp No .: 7837078390| Toll Free no 18008907077 |E-mail: info@ezcapital.in|
Grievance officer Mail id : Mr. Hitesh Arora, Designation: Deputy. Manager
Contact Number: +011- 45576003, E-mail ID hitesh.arora@ezcapital.in
Company CIN: U65921DL1984PTC018746
9 Latest Electricity Bill to be documented in file before disbursement,

10 3-year-old residence stability proof documented in file before disbursement

11 Applicant & Co applicant positive cibil and Crif to be documented in file before disbursement,

12 LTV to be restricted on 50% on SORP property,

13 MSME certificate should be documented in file before disbursement,

14 Affidavit cum undertaking to be documented from customer will not bounce any single emi next 12
months, other wise 5% ROI will be increase from approved ROI.

15 This is a BT Case so SOA, LOD and Forcloser should be documented in file before disbursement,

16 This Is a BT Case so we will disbursed in 2 Tranch .

17 Applicant closes his 55000 & 38000 Loan Before Disbursement.

18 Loan is offered subject to positive Legal, Technical

 EXCLUSIVE LEASING AND FINANCE PRIVATE LIMITED
(Formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED)
|Regd. Off:- 321, 322 Narain Manzil Building, New Delhi -110001|
|Corp Off.: 87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-144001|
|WhatsApp No .: 7837078390| Toll Free no 18008907077 |E-mail: info@ezcapital.in|
Grievance officer Mail id : Mr. Hitesh Arora, Designation: Deputy. Manager
Contact Number: +011- 45576003, E-mail ID hitesh.arora@ezcapital.in
Company CIN: U65921DL1984PTC018746

General terms and Conditions

· Loan shall be disbursed only after satisfactory Verification reports as per Exclusive Leasing and Finance Private
Limited (Formerly known as Exclusive Leasing and Finance Ltd.) (ELFPL).

· The Loan shall be repaid by way of Equated Monthly Installments (EMI), which comprises of both principal and
interest component. Repayment commences from the month in which final disbursement of the loan is availed.This
interest on the amount disbursed is called Pre-EMI.
· The loan shall be disbursed by ELFPL in its absolute discretion and in such manner as may be considered
appropriate by ELFPL.
· The loan shall be secured by creation of security interest as may be considered appropriate by the Lender.
ELFPL shall have the right to decide the place, timing and type of security including manner and form of its
· ELFPL has a right to reduce the loan amount or withdraw the Loan Approved, if any adversity is found in of the
any documents provided after sanction of the loan.
· The Sanction Letter Shall be revoked or canceled and shall be null and void if
· Any statement made in the loan application is found to be incorrect or False /Misleading.
· There are material changes in the proposal for which the loan is sanctioned.
· Any material fact concerning your income or ability to repay the loan of any other relevant information which
may materially affect the proposal submitted in your loan application for the loan is withheld, suppressed,
concealed or not made known to ELFPL

· Processing fee shall be non-refundable, in case of revocation of the Sanction Letter for any reason as specified
above.
· ELFPL shall have at its discretion, the right to change/reset/revise the applicable charges, at any time and from
time to time as per its policy, if any. The new charges will be displayed on ELFPL website.
· The disbursement of Term Loan, if needed to be done in phases, shall be done as per stipulations of sanction
letter/disbursement schedule worked out. In case any amount remains pending after the expiry of the disbursement
period as worked out in the schedule, the same shall not be disbursed and the loan shall be reduced to the amount
already disbursed. Any change in the disbursement schedule, if required after sanction, is totally at the discretion of
the ELFPL.

· ELFPL shall be at liberty to take any action to recover the amount due to it, in case the borrower fails to repay the
due amount in time.
· ELFPL reserves the right to conduct search on web portal of CERSAI/any other authority as per extant internal
ELFPL guidelines.
· The Borrower and Guarantor(s) shall be deemed to have given their express consent to ELFPL to disclose the
information and data furnished by them to ELFPL and also those regarding the credit facility/ies enjoyed by
borrower, conduct of account and guarantee obligations undertaken by guarantors to the Credit Information Bureau
(India) Ltd.(“CIBIL”), or RBI or any other agency/agencies specified by RBI who are authorized to seek and publish
such information.
 EXCLUSIVE LEASING AND FINANCE PRIVATE LIMITED
(Formerly known as EXCLUSIVE LEASING AND FINANCE LIMITED)
|Regd. Off:- 321, 322 Narain Manzil Building, New Delhi -110001|
|Corp Off.: 87, Radio Colony, Mahavir Marg, Near BMC Chowk, Jalandhar-144001|
|WhatsApp No .: 7837078390| Toll Free no 18008907077 |E-mail: info@ezcapital.in|
Grievance officer Mail id : Mr. Hitesh Arora, Designation: Deputy. Manager
Contact Number: +011- 45576003, E-mail ID hitesh.arora@ezcapital.in
Company CIN: U65921DL1984PTC018746

· You shall inform ELFPL in writing about the change in address, job, business, profession as the case may be
immediately after such change.
· You are prohibited from using the loan amount or any other part, thereof for any purpose other than for which it
has been sanctioned.
· In the event of default, ELFPL shall in its absolute discretion have the right to Attached off the security (Via
Concerned Legal Authority ) /property to be mortgaged / charged or already mortgaged / charged with ELFPL in
such manner as prescribed by ELFPL and agreed to by you to secure the loan/credit facilities on "As is where is"
basis with seeking the intervention of court of law and/or applying for foreclosure of the mortgage and / or initiating
any other legal action. ELFPL shall be deemed to have been authorized by you, to sell or dispose off the
security/property as your agent and attorney in the event of your default to repay the outstanding dues payable to
ELFPL as per terms and conditions of loan/credit facilities

· ELFPL will not accept any responsibility nor liability for any amount paid by customer to third party and any
Employee of ELFPL during the loan process
· ELFPL will not accept any Cash Dealing, Customer must not to pay any amount (Whether in Cash or otherwise) to
any third party or any employee of ELFPL to influence the Lone Sanction, ELFPL will not accept any responsibility
or liability.
· ELFPL may recevie Fees / prepay closure fees from the Insurance Company.

· In case of early closure/BT of the loan ELFPL will not be oblijed to return the pro rata insurance premium paid by
the client, if any waiver taken by the customer on charges including Bouncing fee, foreclosure charges etc.

Accepted By Authorized Signatory

Exclusive Leasing and Finance Private Limited

(Lender)

Name Signature

Surendra Sharma

Kashish Sharma