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Sanction Letter

DMI Finance Private Limited has sanctioned a loan of Rs. 95,000.00 to Vishal Sharma, with an interest rate of 26% per annum and a repayment period of 18 months. The processing fee is Rs. 3,363.00, and the offer is valid for 30 working days from the date of the letter. Additional charges include a bounce charge of INR 450 plus GST and overdue interest of 3% plus GST on the outstanding principal.

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vishal sharma
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54 views1 page

Sanction Letter

DMI Finance Private Limited has sanctioned a loan of Rs. 95,000.00 to Vishal Sharma, with an interest rate of 26% per annum and a repayment period of 18 months. The processing fee is Rs. 3,363.00, and the offer is valid for 30 working days from the date of the letter. Additional charges include a bounce charge of INR 450 plus GST and overdue interest of 3% plus GST on the outstanding principal.

Uploaded by

vishal sharma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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DMI FINANCE PRIVATE LIMITED

SANCTION LETTER
Date: 2023-07-21

Customer Name: Vishal Sharma


Co-Borrower/Guarantor: NA
Address Detail: 358, Budina Kalan Muzaffarnagar Uttar Pradesh India
251301

Dear Sir/Mam,

Please refer to your financial assistance application DMI0037805533 for a loan/line facility from DMI Finance
Pvt Ltd. We are happy to inform you that we have sanctioned a sum of Rs. 95000.00/- against your application.

The following are the broad Terms & Conditions governing the financial assistance.

01 Sanction Amount 95000.00


02 Rate of Interest % P.A (Annualized) 26.00
03 Tenor (Months) 18
04 Processing Fees 3363.00
05 Insurance NA
06 Overdue Interest Rate/ Penal Charges 3%+GST of principal outstanding
07 Prepayment Charges 0
08 Bounce Charges INR 450 +GST
09 Sourcing Partner Gpay Merchant

This offer is valid up to 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

Registered office - Express Building, 3rd Floor, 9-10, Bahadur Shah Zafar Marg New Delhi-110002
Website - www.dmifinance.in
Customer Portal - https://portal.dmifinance.in/
WhatsApp - 93506 57100 (https://bit.ly/DMIFINWA)

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