IIFL HOME FINANCE LTD.

FINAL SANCTION LETTER

Date : 07/03/2025
Prospect No : IL11033071
Registered Address: 162 LIG , BHAG 1, PANKI GANGA GANJ, PANKI , KANPUR NAGAR, 208001,
UTTAR PRADESH, INDIA
Registered Mobile No.: 9170135120
MR. VISHAL VERMA
Mrs. PRITI VARMA

Dear Customer,

We thank you for choosing IIFL Home Finance Limited (IIFL-HFL). We are pleased to inform you that we
have in principal approved loan to you as per Terms & Conditions mentioned below & Overleaf

Product Home Loan

Total Loan Amount Sanctioned (₹)(Includes 1750881
Insurance Premium)*
Interest Type Adjustable Interest Rate(AIR)
Base Rate (IH-HPLR) 16.85%
Margin (+/-) -7.60%
Rate of Interest** 9.25%Adjustable Interest Rate (AIR)
Loan Tenor (in years) 20
Amount Of Each Installment On Monthly Rest (₹) 16036
Total Processing Fees/Other Charges (including 9930
GST) (₹)
Processing Fees Paid (₹) 1178.80
CERSAI fees (₹) 118
Transaction/Legal Handling Charges (₹) 0.00
Property Address E-142/150, EWS, RATANPUR COLONY, PANKI,
PANKI, PANKI, KANPUR NAGAR, UTTAR
PRADESH, INDIA, 208020,
Collateral Evaluation Charge 4956.00
Presentation Charges 523.92

Additional conditions to comply prior to disbursal:

Repayment to be done from BANK OF INDIA 695410110002923

Ltv norms to be met

DW norms to be met

Soft sanction subject to positive Legal Technical report

Own contribution proof to be checked

ST original KYC of App and coapp to vetted by bcm before fsl

IIFL HOME FINANCE LTD.

*Insurance Details:-

Mr.VISHAL VERMA has opted for the insurance from IPRU at a premium of Rs.50941.00/-
Mr.VISHAL VERMA has opted for the insurance from GODIGIT at a premium of Rs.16940.00/-

Note:-The insurance policy is issued by the respective insurance company. It is the sole discretion of the
insurance company to issue the policy. The policy terms and cover may change in case of change of the
fact, disclosures and/or medical conditions etc. of the proposer. The insured/Proposer may change the
policy by giving a written request in the prescribed format/Proposal form. Please read the policy
documents upon receipt of the same
Deduction from disbursement amount: The borrower(s)hereby authorizes IIFL HFL to debit processing fee
or any other charges including but not limited to the stamp duty, franking charges, statutory
charges/amount, service charges incurred by IIFL HFL for execution of E-Loan Agreement including other
documents from the disbursement of the Loan amount, and also agrees that the same may be treated as
charges due from the Borrower(s) or on demand of IIFL HFL, it shall be reimbursed by the Borrower(s) or
may be recovered along with the Loan amount.
**The interest rate is subject to periodic revisions due to changes in the base rate or other relevant
factors, such as market conditions, cost of operation, cost of funds, margin and risk premium etc. For
administrative convenience, IIFL HFL may maintain the Equated Monthly Installment (EMI) amount
constant irrespective of variations in the interest rate, thereby leading to variations in the loan tenure.
Borrower/s will be notified of any such changes and, within the stipulated timeline therein, has the option
to: (i) revise the EMI, loan tenure, or choose a combination of both options; (ii) make partial or full
prepayments at any time during the loan tenure. If no preference is indicated by the Borrower/s, the
decision of IIFL HFL shall be final and binding on the Borrower/s.Please take a note that upon revision in
rate of interest, IIFL HFL has the option to revise EMI, extend the repayment period, or both, in the cases
of negative amortisation (i.e., when EMI is insufficient to cover the full interest and/or the principal
component contained in the EMls is inadequate to repay the Loan within the loan tenure determined by
IIFL HFL). For further information, please refer to Clause 4 and 7 of the Loan Agreement and our website
https://www.iiflhomeloans.com, specifically the Standard Master Information and Terms & Conditions
(MITC).
For latest policy updates and to know applicable Prepayment charges and other charges, please refer IIFL
HFL official website www.iiflhomeloans.com/home-loans.
Kindly use the Prospect No. as mentioned above in all your further communications with us. Please put
your signature as a token of your acceptance of the above stated terms and conditions and retain a copy
with yourself. In case of any query or assistance please contact your sales manager Saurabh Seth at or
alternatively you can call us on Helpline Number: 1860-267-3000 . Your Base Branch address is India
Infoline Housing Finance Ltd., 306, 3rd Floor , Sai Square, Bhargava Estate, Civil Lines, Kanpur-208001

Thanking You,
IIFL HOME FINANCE LTD.

IIFL Home Finance Limited (IIFL- Acceptance by borrower(s):

HFL)
Authorized Signatory I/We the Borrower(s) hereby declare that I/We have read (and/or
being read over and explained), verified, understood and irrevocably
(This a computer generated agreed the terms and conditions of this Sanction Letter by signing
document and does not require IIFL this Letter physically or/and electronically (through accessing the link
HFL’s signature) and/or vide OTP confirmation, Electronic and Digital Signatures,
Aadhaar authentication and such other and further means as it was
available and me/us by using my/our registered E-mail ID and the
mobile number, and/or completing online forms constitute electronic
communications shall be deemed to be the acceptance of this Letter.
I/We, the Borrower(s) consent to receive the electronic
communications, and agree that all communications, notices,
disclosures, and other communications provided to us electronically,
via email and on the Site, satisfy any legal requirement that such
communication be in writing and legally bound.
IIFL HOME FINANCE LTD.

Sanction Letter- Terms & Conditions

1 The Applicant/s are required to sign this Sanction Letter towards acceptance of all its terms and
conditions.
2 This Sanction Letter is valid for the period of 60 days from the date of issue, subject to compliance of
all sanction conditions, including but not limited to payment of applicable processing fee (non
refundable), other charges and approval terms. In case, the Borrower fails to pay any fees due, IIFL
Home Finance Limited (IIFL-HFL) shall have the right to deduct, such fees payable, from the loan
amount at the time of disbursal.
3 The Sanction of Loan Amount and its terms & conditions are subject to execution of Loan Agreement
& other documents and writings with IIFL Home Finance Limited (IIFL-HFL) The terms & conditions of
Loan Agreement and/or other transaction documents will prevail upon this letter in case of any
contradiction/ conflict/ difference/ inconsistency.
4 The Loan will be disbursed by Lender in its absolute discretion, at the request of the Borrower, in one
or more tranches. IIFL HFL further reserves the right to modify, reduce, suspend or cancel the Loan
Facility, in whole or part. The notice of such actions will be communicated to the Borrower(s).
5 The loan shall be secured in such manner as may be required by IIFL Home Finance Limited (IIFL-
HFL). The security offered towards compliance of terms of the loan facility and repayment of the loan
amount, shall have clear and marketable title free from all encumbrances.
6 The loan facility will be disbursed in lump sum or in suitable periodic installments as may be decided
by IIFL Home Finance Limited (IIFL-HFL), considering the need and request of the applicants based
on terms of the application, as the case may be, as determined by IIFL Home Finance Limited (IIFL-
HFL) and not necessarily as per the terms of the Borrower/s agreement with the builder/contractor.
7 The applicable interest rate in case of any unforeseen or extraordinary circumstances or sudden
changes in market conditions is subject to change by IIFL Home Finance Limited (IIFL-HFL) at its sole
discretion. Applicable Interest rate is a summation/difference of the Base rate and the margin at the
time of origination & thereafter. The margin between the Base rate and your Adjustable rate of interest
will be determined by factors such as your credit grading, quality of security, risk profile of the
industry/sector, product level allocable costs etc.
8 The sanction of the loan shall stand revoked and cancelled in any of the following circumstances :
i If any statement in the application or in loan and any other document(s) given by the Borrower or
otherwise is found to be misleading or incorrect and/or If there is any material change in the process
on the basis of which the loan has, in principle, been offered and/or,
ii If any material fact concerning the Borrower’s income, employment, or ability to repay or any other
relevant aspect of the Borrower’s proposal for the loan is suppressed or concealed and/or
iii If document(s) submitted by the Borrower and the information contained in the document(s) are not in
confirmation with the information provided in the application form submitted by the Borrower and/or
iv Any other reason whatsoever, at the sole discretion of IIFL Home Finance Limited (IIFL-HFL)
v If Borrower fails to submit the documents as required by IIFL Home Finance Limited (IIFL-HFL) within
specified time
9 The loan shall bear processing fees, prepayment charges and such other charges as specified in the
Schedule of Charges and the Applicant/s/Borrower/s confirms that he/she/they has/have perused and
understood the same
10 For Schedule of Charges, please refer to the company’s official website:
https://www.iiflhomeloans.com/schedule-of-charges. For Most Important Terms & Conditions, please
refer to company’s official website: https://www.iiflhomeloans.com/terms-and-condition/most-
important-terms-and-condition. The mentioned charges / fees are as on date of the Loan Agreement
and are subject to change from time to time.
11 The Borrower/s agree to provide details to the IIFL Home Finance Limited (IIFL-HFL), from time to
time, to comply with the various laws including but not limited to the guidelines of Prevention of Money
Laundering Act, 2002. The Borrower’s confirm that he/she/they are the beneficial owner of the
property mortgaged/securities pledged in favour of IIFL Home Finance Limited (IIFL-HFL) as a
security.
12 In case the applicant/s have opted for Adjustable Rate of Interest :
IIFL HOME FINANCE LTD.

i IIFL Home Finance Limited (IIFL-HFL), Adjustable Interest Rate shall mean and include variable /
floating rate of interest with reference to the Base Rate (as applicable) of IIFL Home Finance Limited
(IIFL-HFL) together with margin, if any, as specified by IIFL Home Finance Limited (IIFL-HFL) on the
date of disbursal and on the beginning of first month of next quarter, in which the base rate is
changed.
ii Base Rate shall mean and include the Prime Lending Rates of IIFL Home Finance Limited (IIFL-HFL)
being offered by IIFL Home Finance Limited (IIFL-HFL) and agreed by the Applicants, more
particularly referred in this Sanction Letter. The Current Prime Lending Rates of IIFL Home Finance
Limited (IIFL-HFL) are IH – HPLR and IH – LPLR.
13 Borrowers are strictly advised not to deal in cash and/or advance/hand over cash to any
employee/agent/ person representing on behalf of IIFL HFC on any pretext/ground including but not
limited to processing of the loan application. IIFL HFC does not subscribe to any such practice(s)
14 The borrower company will not induct on its Board any person whose name appears in Willful
Defaulters list of any Credit Information Companies / Financial Institutions and that in case such a
person is found to be on its Board, it would take expeditious and effective steps for removal of the
person from its Board.
15 We have entered /shall enter into co-lending arrangement with various bank in terms of the guidelines
issued by regulators, from time to time. In case your loan qualifies under co-lending arrangement and
is accepted by the partner bank, you will be intimated by IIFL-HFL through SMS and/or Email and/or
any other suitable means.
16 The borrower/s hereby authorizes IIFL HFL to debit processing fee or any other charges including but
not limited to the stamp duty, franking charges, statutory charges/amount, service charges incurred by
IIFL HFL for execution of Loan Agreement and other documents, from the disbursement of the Loan
amount. All these or any part of them shall be treated as charges due from the Borrower(s) which may
be recovered along with the Loan amount, in case not deducted from disbursements and/or shall be
paid on demand to IIFL HFL, as legally recoverable dues
17 Cersai and Collateral Evaluation charges for the property has been received in Linked LAN No .
18 The Property Owner/Borrower(s) may collect their original title documents from the branch where the
loan has been/is being serviced within 30 days from the full repayment and closure of loan
account/repayment/settlement of the loan account.
19 In case of part disbursement of the sanctioned Loan Amount, the Borrower/s shall pay the Pre EMI
Interest on the disbursed amount . The Pre EMI Interest shall be paid upon the disbursed loan
amount and the EMI will become due and payable upon full disbursement of the sanctioned Loan
Amount.

Borrower is required to avail full disbursement within a stipulated period of time, failing which IIFL HFL
reserves the right to reduce the loan amount to the extent of disbursed amount and start payment of
EMI on the disbursed amount under the following conditions:
i In case of Home Loan for purchase and acquisition of residential plot with or without construction
thereon, the stipulated period is 36 months from the date of first disbursement;
ii In case of Home Loan other than purchase and acquisition of residential plot with or without
construction thereon, the stipulated period is 48 months from the date of first disbursement;
iii In case of Loan Against Property the stipulated period is 12 months from the date of first
disbursement.

You can now Pay your EMI, view your Loan Account details and amortization schedule from:

Login into your Account | Download IIFL LOANS Mobile Application

IIFL HOME FINANCE LTD.

IIFL Home Finance Limited

Corporate Identity number - U65993MH2006PLC166475
Registered Office - IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC,Thane
Industrial Area, Wagle Estate, Thane – 400604
Helpline Number: 1860-267-3000 | Tel: 022 - 6788 1000 | Fax- 022 - 6788 1010 | Website:
www.iifl.com
Corporate Office - Plot No. 98, Udyog Vihar Phase IV, Sector 18, Gurgaon, Haryana 122016