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Sanction Letter

Kotak Mahindra Bank has approved your loan application for a refrigerator from S K ENTERPRISES_DB ROAD, Jamshedpur, with a loan amount of ₹38,000 at an interest rate of 4.00% over 10 months. The loan will be disbursed upon submission of required documents including a signed NACH form and down payment receipt. The loan details and terms can be accessed through the provided link.

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MANISH KUMAR
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31 views1 page

Sanction Letter

Kotak Mahindra Bank has approved your loan application for a refrigerator from S K ENTERPRISES_DB ROAD, Jamshedpur, with a loan amount of ₹38,000 at an interest rate of 4.00% over 10 months. The loan will be disbursed upon submission of required documents including a signed NACH form and down payment receipt. The loan details and terms can be accessed through the provided link.

Uploaded by

MANISH KUMAR
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Dear Manish Kumar ,

11/01/2025

Congratulations! We thank you for choosing Kotak Mahindra Bank as your preferred loan provider.

We are pleased to inform you that your Loan Application, to purchase a consumer durable product from S K ENTERPRISES_DB ROAD, Jamshedpur, is in principally
approved by Kotak Mahindra Bank limited. Your loan details are as follows.

Loan Details
Consumer Finance Application no. CD22982390
Product Category Refrigerator
Invoice Price 38000.00
Product Loan Amount 38000.00
Discounted Invoice Price
Gross Loan tenure (in Months) 10
No. of Advance EMI (in Months) 1
KGI Hospicash Taken Yes
KGI Hospicash Amount 1500
Net Loan tenure (in Months) 9
EKYC & KYC Verification Charges (J) 0.00
Advance EMI Amount 3927
Loan Amount Less Advance EMIs (A-F) 34073.00
Processing Fees collected from customer 589.00
Stamp Duty & Other charges 100.00
Rate of Interest 4.00%
EMI 4094
Manufacturer Scheme Validity Date 31/01/2025
Sanction Letter Validity Date 31/01/2025
Extended Warranty No
Kotak KGI Hospicash Yes
Kotak KGI Hospicash Amount 1500
Kotak KGI Hospicash EMI 166.67
Total Suraksha Health Insurance No

Your loan will be disbursed once the scheme and product is finalised by you subject to submission of following documents.

a. Signed NACH/SI form


b. Down Payment Receipt
c. Canceled cheque or bank details for IMPS
d. Invoice
e. One Identity proof scanned

We thank you for choosing Kotak Mahindra Bank Limited for your loan requirement.
All Fees for preparation and registration of documentation including stamp duty on the execution of all the documents to be paid by the borrower.

Yours sincerely
Kotak Mahindra Bank Limited.

CC :- S K ENTERPRISES_DB ROAD .
This is a system generated letter and does not require any signature.

Incase of any queries related to loan/EMI please write to cdservice@kotak.com. Please mention your Loan Application Number and Registered Mobile Number in all email communication

You may access the terms & conditions governing this loan on
https://www.kotak.com/content/dam/Kotak/Customer-Service/Important-Customer-Information/mitc-consumer-bank/KMBL-CD-MITC.pdf.

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