Date: 03-07-2024
Dear Anil Kumar Dhaked ,
It brings us immense pleasure in welcoming you to axio family and we would like to thank you for choosing us as your preferred
financial partner in growth.
This is to inform you that the loan application number: 36880048 has been sanctioned at our end.
Please find enclosed the loan details based on the below terms and conditions as specified under this welcome letter:
Key Fact Statement
Name of regulated entities: Vivriti Capital Limited (Formerly Vivriti Capital Private Limited)
Sl
Name Details
No.
1 Loan Amount ₹180000.0
2 Total interest charged during the entire tenure of the loan ₹47111.49
3 Other up-front charges ₹6086.8
a. Processing Fee, if any ₹5734.8
b. Insurance Charges, if any ₹0.0
c. Documentation Charges ₹118
d. Pre EMI ₹234
4 Net disbursed amount (1- 3) ₹173913.2
5 Total amount to be paid by the borrower (1 + 2 + 3) ₹233198.29
6 Annual Percentage Rate - Effective annualized interest rate (in percentage and reducing balance method) 27.06%1
7 Rate of Interest, (charged per annum, reducing) 23.4%
8 Tenure of the Loan (in months/days) 24 months
9 Repayment frequency by the borrower Monthly
10 Number of installments of repayment 24
11 Amount of each installment of repayment ₹9462.98
Details about contingent charges
Late fee charges:
12 2% p.m. is charged on the outstanding principal of the delinquent payments. E.g. if the outstanding principal of the
delinquent payment is ₹1500, then ₹1 is charged per day of delayed payment (2% * 1500/30)
Bounce Charges
13
A bounce charge of ₹800 will be charged per EMI cycle in case of bounce of auto-debit of EMIs via autorepayment mode
setup.
Pre-closure charges
14
Pre-closure charges of N/A% + GST @ 18% of outstanding principal apply up to the 12th EMI from the loan start date. Zero
pre-closure charges after that.
Other Disclosures
axio is the trade name of C apFloat Financial Services P rivate Limited 1 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Cooling off period during which borrower shall not be charged any penalty on prepayment of loan other than
15 3 days
the APR2
axio is the trade name of C apFloat Financial Services P rivate Limited 2 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Details of the LSP acting as a recovery agent and authorized to approach the borrower
Entity Name: Capfloat Financial Services Private Limited (Operating under the brand axio)
16
Contact No: 080-68075001
Email ID: ask@axio.co.in
Designated Grievance Redressal Officer / Principal Nodal Officer of the LSP designated specifically to deal with digital
lending related complaints / issues
Name: Aakanksha Singh
17 Office Address: New No. 3 (Old No. 211), Gokaldas Platinum, Upper Palace Orchards, Bellary Road, Sadashiva Nagar,
Bengaluru,Karnataka 560080
Telephone/Mobile: 080-68075001
Email ID: compliance@axio.co.in
1APR is the effective annualized
rate charged to the borrower of a digital loan. APR is based on an all-inclusive cost and margin including cost of funds, credit cost and operating cost, processing fee, verification
charges, maintenance charges, etc., and excludes contingent charges like penal charges, late payment charges, etc.
2A cooling off/look-up period is the time window which is given to borrowers for existing digital loans, in case a borrower decides not to continue with the loan.
Kindly refer to Annexure 1 and 2 for important information pertaining to actual loan disbursal details; We thank you for your
interest in axio and look forward to doing business with you.
This is a system generated welcome letter and does not require the signature of the lender(s).
Annexure - 1
Please note the following details pertaining to the loan to be availed by the Borrower that require further attention.
Mode of Repayment
Repayment will be via National Automated Clearing House (NACH) or in the manner satisfactory to the Lenders as and when
updated from time to time.
axio is the trade name of C apFloat Financial Services P rivate Limited 3 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Disbursal3
The loan amount of ₹174031.2 will be credited to your bank account or to the bank account as requested by you through a
written communication (pre-EMI and processing fee and/or the Insurance premium, if applicable, will be deducted from or added
to this amount according to the loan repay day if applicable). The repayment schedule is as follows:
Date Opening Balance Payment Principal Interest Ending Balance
1 05/08/2024 180000 9462.98 5952.98 3510 174047.02
2 05/09/2024 174047.02 9462.98 6069.06 3393.92 167977.96
3 05/10/2024 167977.96 9462.98 6187.41 3275.57 161790.55
4 05/11/2024 161790.55 9462.98 6308.06 3154.92 155482.49
5 05/12/2024 155482.49 9462.98 6431.07 3031.91 149051.42
6 05/01/2025 149051.42 9462.98 6556.48 2906.5 142494.94
7 05/02/2025 142494.94 9462.98 6684.33 2778.65 135810.61
8 05/03/2025 135810.61 9462.98 6814.67 2648.31 128995.94
9 05/04/2025 128995.94 9462.98 6947.56 2515.42 122048.38
10 05/05/2025 122048.38 9462.98 7083.04 2379.94 114965.34
11 05/06/2025 114965.34 9462.98 7221.16 2241.82 107744.18
12 05/07/2025 107744.18 9462.98 7361.97 2101.01 100382.21
13 05/08/2025 100382.21 9462.98 7505.53 1957.45 92876.68
14 05/09/2025 92876.68 9462.98 7651.88 1811.1 85224.8
15 05/10/2025 85224.8 9462.98 7801.1 1661.88 77423.7
16 05/11/2025 77423.7 9462.98 7953.22 1509.76 69470.48
17 05/12/2025 69470.48 9462.98 8108.31 1354.67 61362.17
18 05/01/2026 61362.17 9462.98 8266.42 1196.56 53095.75
19 05/02/2026 53095.75 9462.98 8427.61 1035.37 44668.14
20 05/03/2026 44668.14 9462.98 8591.95 871.03 36076.19
21 05/04/2026 36076.19 9462.98 8759.49 703.49 27316.7
22 05/05/2026 27316.7 9462.98 8930.3 532.68 18386.4
23 05/06/2026 18386.4 9462.98 9104.45 358.53 9281.95
24 05/07/2026 9281.95 9462.98 9281.95 181 0
3
The interest component is gross of Tax Deducted at Source (TDS)
Sanction Conditions
1. Subject to lender's internal underwriting criteria being met.
2. Loan agreement execution and satisfactory verification of original KYC documents.
3. Repayment Bank Account details to be available and verified.
Annexure - 2
Updated Current Residence Address
axio is the trade name of C apFloat Financial Services P rivate Limited 4 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Customer Name Anil Kumar Dhaked
Current
Plot no.101, Village Nanusar hathoj road, Vaishali vihar sirsi road, Near kedias kothi, Hathod, Jaipur,
Residence
Rajasthan, 302012 Kedia's kothi Jaipur RAJASTHAN 302012
Address
Details of Repayment Bank Account
Bank account details if NACH/ Direct debit / Standing Instruction / PDC / Undated Cheque
Account Holder Name Mr. ANIL KUMAR DHAKED
Bank Name State Bank of India
Account Number 61240876397
axio is the trade name of C apFloat Financial Services P rivate Limited 5 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
Annexure - 3
Legal
Please note that in the event of your acceptance of the T&Cs, axio and the Borrower shall enter into a separate loan
agreement ("Loan Agreement") to set forth the detailed terms in relation to the grant of loan by axio to the Borrower and
accordingly,the grant of loan by axio and the availing of such loan by the Borrower shall be governed by and at all times, be
subject to, the terms of the said Loan Agreement. It is clarified that in the event of a conflict between one or more terms of
this letter and the Loan Agreement, the terms of the Loan Agreement shall prevail to the extent of such conflict.Nothing in this
letter obligates axio to advance any loan to the Borrower till such time that the Loan Agreement has been executed and the terms
of such Loan Agreement fulfilled to the satisfaction of axio.
axio shall be at liberty to syndicate / completely assign, without the consent of the Borrower, the whole of or any part of the loan,
including all rights, benefits and interests thereunder, to any other third party, in accordance with applicable law.
This sanction shall stand revoked and cancelled without any notice, if there are material changes in the Borrower's financial
performance, Any material facts concerning the Borrower's profits or its ability to make repayments under the loan agreement or
any relevant aspects of its request for loan facility are withheld, suppressed, concealed, or are found to be incorrect or untrue.
Except to the extent disclosed to CapFloat Financial Services Private Limited (operating under the brand name "axio"), no director
or a relative (as specified by RBI) of a director of a banking company (as specified by RBI) or a relative of a senior officer of
CapFloat Financial Services Pvt Ltd is - the applicant(s), or a partner, managing agent, manager, employee, director of our
concern, or of our subsidiary or our holding company, or a guarantor on my/our behalf, or holds substantial interest in our
concern or my/our subsidiary or holding company.
Contact details:
In the case of any queries or assistance required, you can write to us at ask@axio.co.in or call us at 080 6807 5001.
Important Links:
To know more about the Interest Rate Policy, please use the link:
https://www.vivriticapital.com/pdf/policies/Interest%20Rate%20Disclosure%20Policy.pdf
Grievance Redressal Policy
Lender:
To refer our policy on Grievance Redressal Mechanism, please click:
https://www.vivriticapital.com/Greivance_Redressal_Mechanism.pdf
LSP
To refer our policy on Grievance Redressal Mechanism, please click here: https://axio.co.in/Axio-
Grievance%20Redressal%20Policy-V.2.2.pdf
Customer Service
For any queries/grievances please contact the LSP at : ask@axio.co.in or call us at 080 6807 5001.
axio is the trade name of C apFloat Financial Services P rivate Limited 6 of 6
No.136, Shyamala Towers, 6th Floor, East Wing,Arcot Road, Saligramam, C hennai-600093, Tamilnadu
Registered office at, New No. 3 (Old No. 211) Gokaldas P latinum, Upper P alace Orchards, Bellary Road, Sadashivnagar, Bangalore Karnataka - 560080
C all: 080 6807 5001 | Email: ask@ axio.co.in
To be stamped appropriately as per stamp duty act applicable on the execution date of this agreement and party/parties paying the stamp duty should mention the acknowledgement
details in Schedule I of this agreement.
