Office Copy
Key Facts Statement
Part 1 (Interest rate and fees/charges)
Issue Date 29 APR 2025 Validity Date 29/MAY/2025
1 Loan proposal/ MA/TW/550/29APR25/43333560/4 Type of Loan TWO WHEELER
account No.
2 Sanctioned Loan amount (in Rupees) 53751 ( RUPEES FIFTY-THREE THOUSAND SEVEN
HUNDRED FIFTY-ONE ONLY)
3 Disbursal schedule Upfront 100%
(i) Disbursement in stages or 100% upfront. Payee Name Type of Payee Amount
(ii) If it is stage wise, mention the clause of loan agreement having
relevant details PATEL DEALER 52938
MOTORS
4 Loan term (year/months/days) 30 Months
5 Instalment details
Type of ins ta lments Number of EPIs EPI (₹)* Commencement of repa yment, pos t s a nction*
MONTHLY 30 2389 29-MAY-2025
6 IRR (%)* and type (fixed or floating or hybrid) 23.53 % (Fixed)
7 Additional Information in case of Floating rate of interest
Reference Benchma rk Sprea d Fina l ra te (%) R = (B) + (S) Res et Impa ct of cha nge in the reference
Benchma rk ra te (%) (B) (%) (S) periodicity benchma rk
(Months ) (for 25 bps cha nge in ‘R’, cha nge in:)
B S EPI (₹) No. of EPIs
NA NA NA NA NA NA NA NA
8 Fee/ Charges***
Payable to the RE (A) Payable to a third party through RE
(B)
One-time/ Recurring Amount (in One- Amount (in ₹)
₹) or time/Recurring or Percentage
Percentage (%) as
(%) as applicable applicable 5
1. Processing fees One-time 295
2. Admin charges One-time
3. Stamping charges One-time 150
4. Documentation One-time
Charges
5. ECS charges One-time
6. Insurance charges One-time 368
7. Valuation fees** One-time 0
8. Credit assessment One-time
charges
9. RC Verification One-time
Charges
9 Annual Percentage Rate (APR) (%)* 24.85 %
10 Details of Contingent Charges*** (in ₹ or %, as applicable)
1. Penal charges (Late payment of EMIs or loan instalments) 1.5% per month(including GST)
2. Interest for defaulted period Interest on defaulted period will be charged at the
contracted IRR* basis for the default days and will be
compounded on month end (billing Date) if not collected
along with EMI.
3. Cheque bounce charges and NACH/ ECS/Mandate/ SI bounce ₹ 500 /- for each of cheque NACH/ECS/SI dishonoured. This
charges charge is in addition to the Penal Charge Fee as stated above.
(Including GST)
4. Prepayment charge** 4% of the principal outstanding in case foreclosure is within
one year of the financing otherwise 2% of the principal
outstanding. (Excluding GST)
6. Statement of Account charges ₹ 250 per SOA (Including GST)
7. Cheque swap charges ₹ 500 per instance (Including GST)
8. Loan cancellation charges ₹ 10000 (Including GST)
9. Loan re-booking charges NA
10. Duplicate NOC charges ₹ 500 per NOC (Including GST)
11. Duplicate repayment schedule ₹ 250 per schedule (Including GST)
12. Repossession charges ₹ 6500 (Excluding GST)
13. Incidental expenses for repossession All incidental expenses for repossession like crane charges,
fuel expenses, Police expenses, Battery charges, repairing
charges, tyre expenses, parking charges etc. as per actuals
will be debited to customer’s account
14. Legal charges LRN cost for applicant, co-applicant and guarantor each,
arbitration filing charge, stamp duty, interim order charge,
Sec 17 filing charge, property attachment fee, section 138
filing charge, EP filing charge, section 9 filing charge, private
complaint filing charge, section 451 (return of property) filing
charge, Company Against cases (consumer case, other cases),
Advocate professional charge, miscellaneous expenses
(warrant serve/ attachment expenses etc) will depend on
gravity of the case, case amount, Court, SRO office, State,
Advocate etc.
Part 2 (Other qualitative information)
1 Clause of Loan agreement relating to engagement of The Company may, at the risk and cost of the Borrower(s), engage
recovery agents one or, more person(s) to collect the Borrower(s) outstanding
and/or to enforce any security and may furnish to such person(s)
such information, facts and figures as the Company thinks fit and
may delegate to such person(s), the right and authority to
perform and execute all acts, deeds matters and things connected
therewith or incidental thereto as the Company thinks fit.
2 Clause of Loan agreement which details grievance redressal The Customer Services Cell (CSC) in Head Office will be the nodal
mechanism point for dealing with customer-related grievances
3 Phone number and email id of the nodal 04873050238
grievance redressal officer 0487 3050112
18004202233 (Toll Free)
crm@manappuram.com
4 Whether the loan is, or in future maybe, subject to transfer Yes
to other REs or securitisation (Yes/ No)
5 In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing), following additional details may be
furnished:
Na me of the origina ting RE, a long with its Na me of the pa rtner RE a long with its proportion of Blended ra te of interes t
funding proportion fundingÂ
NA NA NA
Illustration for computation of APR for Retail and MSME loans
Sr. No. Parameter Details
1 Sanctioned Loan amount (in Rupees) 53751
2 Loan Term (in years/ months/ days) MONTHLY
a) No. of instalments for payment of principal, in case of non- _
equated periodic loans
b) Type of EPI MONTHLY
Amount of each EPI (in Rupees) and 2389
nos. of EPIs (e.g., no. of EMIs in case of monthly instalments) 30
c) No. of instalments for payment of capitalised interest, if any _
d) Commencement of repayments, post sanction* 29-MAY-2025
3 Interest rate type (fixed or floating or hybrid) Fixed
4 Rate of Interest-IRR 23.53 %
5 Total Interest Amount to be charged during the entire tenor of 17919
the loan as per the rate prevailing on sanction date (in Rupees)
6 Fee/ Charges payable7 (in Rupees) 813
A Payable to the RE 295
B Payable to third-party routed through RE 518
7 Net disbursed amount (1-6) (in Rupees) 52938
8 Total amount to be paid by the borrower (sum of 1 and 5) (in 71670
Rupees)
9 Annual Percentage rate- Effective annualized interest rate (in 24.85 %
percentage)8
10 Schedule of disbursement as per terms and conditions Upfront 100%
11 Due date of payment of instalment and interest* 29th of every month
* Repayment Schedule under Equated Periodic Installment
Installment No. Due Date Installment Amount (INR) Principal Amount (INR) Interest Amount (INR)
1 29-05-2025 2389.0 1315.0 1074.0
2 29-06-2025 2389.0 1341.0 1048.0
3 29-07-2025 2389.0 1401.0 988.0
4 29-08-2025 2389.0 1396.0 993.0
5 29-09-2025 2389.0 1424.0 965.0
6 29-10-2025 2389.0 1482.0 907.0
7 29-11-2025 2389.0 1482.0 907.0
8 29-12-2025 2389.0 1540.0 849.0
9 29-01-2026 2389.0 1542.0 847.0
10 28-02-2026 2389.0 1599.0 790.0
11 29-03-2026 2389.0 1656.0 733.0
12 29-04-2026 2389.0 1638.0 751.0
13 29-05-2026 2389.0 1694.0 695.0
14 29-06-2026 2389.0 1705.0 684.0
15 29-07-2026 2389.0 1760.0 629.0
16 29-08-2026 2389.0 1774.0 615.0
17 29-09-2026 2389.0 1809.0 580.0
18 29-10-2026 2389.0 1863.0 526.0
19 29-11-2026 2389.0 1883.0 506.0
20 29-12-2026 2389.0 1936.0 453.0
21 29-01-2027 2389.0 1959.0 430.0
22 28-02-2027 2389.0 2011.0 378.0
23 29-03-2027 2389.0 2061.0 328.0
24 29-04-2027 2389.0 2080.0 309.0
25 29-05-2027 2389.0 2130.0 259.0
26 29-06-2027 2389.0 2164.0 225.0
27 29-07-2027 2389.0 2213.0 176.0
28 29-08-2027 2389.0 2251.0 138.0
29 29-09-2027 2389.0 2296.0 93.0
30 29-10-2027 2389.0 2346.0 43.0
Total(INR) 71670.0 53751.0 17919.0
* The EMI presentation date, IRR and repayment schedule will depend on the date of disbursement of loan.
**GST will be extra as applicable.
***The company retains the right to revise and/or alter the rates at it’s own discretion, by publishing them on its website and such rates shall be binding on the
borrower
Signature of Applicant: ___________________________
Name of Applicant: _____________________________
