3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

Bajaj Finance Limited ("BFL") - Sanction Letter

Reference No.: SME000015357614

345267

Date: 16
30-03-2025
5

To,

BEJUGUM
BST BRICKSSANGEETKUMAR

Address: SY
H NO
NO 10 43 GANDHARI
73/21/3/2 -KAMAREDDY-
VENKATAPUR THANDA GANDHARI
KAMAREDDY-503114-TELANGANA
87

Contact No.: 8688809210

9440135380

Kind Attn.: BEJUGUM SANGEETKUMAR

BANOTH RAJESH

Subject: Sanction of Business Loan against property / Professional loan against property/ Salaried Loan Against Property
from Bajaj Finance Limited

Dear Sir/Madam,

We thank you for choosing Bajaj Finance Limited (“BFL”) which expression shall include our successors, transferers, novatees and
assigns) as your financial partner and look forward to an enduring relationship with you.

With reference to your loan application, we, are pleased to extend to you BusinessLoanAgainstProperty for an amount mentioned in
below table subject terms and conditions set out in this letter (“Sanction Letter”) and execution of the loan documents between you,
i.e. the “Borrower” and BFL and submission of other required documents detailed below, unless specifically waived by BFL.

This sanction is subject to the acceptance of the T&Cs mentioned herein and execution of the Loan Agreement and Security
documents and submission of other required documents detailed below, unless specifically waived by BFL.

For the purposes of this Sanction Letter, words and expressions used herein but not defined shall have the same meaning as assigned
to them in the Business Loan Against Property/ Professional Loan Against Property/Salaried Loan Against Property Agreement
executed/to be executed between the Borrower and BFL.

TERMS AND CONDITIONS

Name of Applicants(s) BEJUGUM

BANOTH SANGEETKUMAR
RAJESH

Name of Co-Applicant(s) SANKALP

BANOTH MULTISPECIALITY HOSPITAL
VEENA
/ Authorized Signatory
KOTHA KALPANA

1 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

Mortgagor(s)/Property 1. BANOTH
BEJUGAM SANGEET KUMAR
RAJESH
Owner(s)

Product PLSE
BLSE

Type of Loan NEW

Loan Variant Normal term loan

Gross Loan amount (In 7805464.00

₹ 17,00,698.00
₹) (includes approved
loan amount, VAS
Charge, Insurance
Premium, Documentation
charges, Flexi Facility
Charge, and Processing
Fees):

Balance Transfer/Top New Loan - ₹ NA (Rupees NA, only)

Up/Loan Conversion
Top Up/Renewal Case

*Total Loan Amount (A+B) – ₹ NA

*Amount to be paid in existing loan account No. NA (A) – ₹ NA

*Top Up loan amount to be paid to Borrower(B) - ₹ NA

*The loan amount may vary after including applicable interest till the date of closure of
existing loan(s) or payment of EMI(s) in existing loan(s) during the process of processing
Top-Up/conversion request. Exact amount will be communicated to you by welcome
letter/SMS/bitly communication.

Loan Tenure (in months) Term Loan/Flexi Term Loan - 180

Hybrid Flexi Loan-
a) Initial Tenure - 0
b) Subsequent Tenure -0

Purpose of Loan Construction/ Purchase of new units

Interest Type Fixed

Method of Interest Written Down Value

Rate of Interest per 11.0

14.00
annum (%)

2 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

Penal Charge Penal charge is applicable in the following scenarios:

a. Penal Charge: Any payment default shall attract penal charge of ₹ 36 per day for
period of such delay from the respective due date and continue to apply until the date
of receipt of amounts under the said default.
b. Covenant Perfection Charge: i) Rs. 800/- per day for non-submission of critical
documents after 90 days of disbursement. Levy from the date when due on non-
compliance of any one or all heads in the category. ii) Rs. 500/- per day for non-
submission of non-critical documents after 120 days of disbursement. Levy from the
date when due.

Interest Rate Please refer Section 2 Para 1 of Loan Application and iterated in Clause 2.30 in the Loan
Methodology Agreement

Monthly Instalment / Term Loan/Flexi Term Loan –88717

Equated Monthly
Hybrid Flexi Loan
Instalment (EMI)* (In ₹)
EMI for initial tenure – 0
EMI for subsequent tenure - 0

Loan Repayment Detailed loan repayment schedule covering EMI dates with bifurcation of principal and
Schedule interest component will be shared in Welcome Letter and same can be accessed through
customer portal –‘Experia’. Welcome Letter will be shared post creation of loan account.

Deductions (Inclusive of
applicable taxes) Documentation Charges : ₹ 2360

Processing Fees : ₹ 92104

Stamp duty charges : ₹ 200

Broken Period Interest : ₹ 7057

Mortgage Origination Fees : ₹ 6000

Fees & Charges Applied Pre-Payment Charges

by Lender
FULL PRE-PAYMENT CHARGES:

Refer Annexure A below

PART PRE-PAYMENT CHARGES:

Refer Annexure A below

3 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

Broken period interest / Pre EMI-Interest

Method of recovery of "Broken Period Interest/Pre monthly instalment Interest" would be as

follows:
Scenario 1: If Loan is disbursed on 1st or post 10th of the month:

For Term Loan: BPI amount will be capitalised, i.e added to Principal amount on
Due date / Deducted from disbursement
For Flexi Loans: BPI amount will be capitalised, i.e added to Principal amount on
Due date / Added to first instalment
QDP process: BPI amount will be capitalised, i.e added to Principal amount on Due
date / Added to first instalment
Scenario 2: If Loan is disbursed between 3rd and 10th of the month:

First instalment will consist of interest for actual number of days.

Stamp Duty (As per respective state):

Payable as per state laws

Annual Maintenance Charges:

Term Loan:

Not Applicable

Flexi Term Loan (Flexi Dropline):

Not Applicable

Flexi Hybrid Loan:

Initial Tenure:
0.295% (Inclusive of applicable taxes) of the Total Withdrawable Amount during Initial
Loan Tenure.

Subsequent Tenure:
Not Applicable

Bounce charges

4 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

₹ 1500 per bounce.

“Bounce charges” shall mean charges for (i) dishonour of any payment instrument; or
(ii) non-payment of instalment (s) on their respective due dates due to dishonour of
payment mandate or non-registration of the payment mandate or any other reason

Penal Charge

Penal charge is applicable in the following scenarios:

a. Penal Charge: Any payment default shall attract penal charge of ₹ 36 per day
for period of such delay from the respective due date and continue to apply until
the date of receipt of amounts under the said default.
b. Covenant Perfection Charge: i) Rs. 800/- per day for non-submission of critical
documents after 90 days of disbursement. Levy from the date when due on non-
compliance of any one or all heads in the category. ii) Rs. 500/- per day for non-
submission of non-critical documents after 120 days of disbursement. Levy from
the date when due.

Legal Charges

Recovery of charges

Repossession & Incidental charges

Recovery of charges

Additional cess/taxes, if any, will be applicable on all charges as per the respective State
Laws as may be applicable from time to time.

The aforementioned charges/fees may be modified by Bajaj Finance Limited from time to
time upon prior intimation via Acceptable Means of Communication from Bajaj Finance
Limited in this regard. To view the updated charges, please visit:
https://www.bajajfinserv.in/all-fees-and-charges Further, unless otherwise specified by the
Lender in writing, all fees/charges paid by the Borrower to the Lender in furtherance of
disbursement of the Loan shall be non-refundable, irrespective of cancellation

Sanction Letter Validity The sanction is valid for a period of 90 days from the date of this sanction letter.

Property / Collateral Property Address Line 1 BEARING

H NO 1 67 H NO 10 43 SY NO 11 SITUATED AT
Security Details)
- Full property Property Address Line 2 GANDHARI VILL
VENKATAPUR AND GANDHARI
THANDA MDL
description together with Property Address Line 3 KAMAREDDY DIST 503114

5 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

Survey no. door no. etc. Pin code 503114

503187
(Property 1)

Return of Property Upon full and final settlement for the loan, you should collect the original documents of immovable
documents property, from KAMAREDDY Branch (click here to locate branch) of BFL within 30 days of loan
closure

General Terms & 1. Bajaj Finance Limited reserves the right to amend any of the terms and conditions or cancel or
Conditions recall or accelerate the loan facility as per the terms & conditions more particularly stated in
Loan Agreement. BFL shall not be obliged to grant and continue any credit facility, if it is
apprehended that the sanction terms are not or may not be met to the satisfaction of BFL.
2. Further, BFL may, absolutely and unconditionally, reduce, revoke, cancel and/or modify any
undrawn amount (in whole or part), if any, from the sanctioned amount, at its discretion, at any
time, without giving any prior notice to the Applicant(s) or without assigning any reasons
thereof.
3. The aforesaid sanction of the loan facility is subject to clear legal title and technical valuation
clearance of the property provided as security for the loan sanctioned by BFL.
4. In addition to these terms, you shall be bound by the terms of the Loan agreement and other
documents and writings as BFL may specify, from time to time
5. The Applicant(s) agrees and understands that any and all applicable stamp duty payable on Loan
Documents, Security documents and other related documents, registration costs and penalty, if
any, shall be borne by the Applicant(s)
6. The Applicant(s) shall be liable to pay Broken Period Interest/Pre-EMI Interest, if any, on the
Loan sanctioned by BFL. Rate of Interest mentioned does not include impact of advance
EMI/Security deposit, if any paid by the Applicant(s) to BFL. BFL shall be entitled to adjust any
advance Monthly Instalment and/or security deposit/initial payment made by the Applicant(s)
towards any Outstanding Dues in its sole discretion.
7. The Applicant(s) understands, confirms and agrees that sufficient funds shall be made available
in the bank account to honour the loan repayment commitment, else, BFL shall be entitled to
present such the NACH mandate or any other electronic payment mandate on multiple dates till
realisation of loan dues. Further, return of the Payment Mandate will result in Bounce Charges
being added to the outstanding dues payable by the Applicant(s) /Co-Applicant(s)
8. Insurance is the subject matter of solicitation. Insurance is optional and premium as agreed by
Applicant (s) on the Insurance enrolment form will be deducted upfront from disbursed loan
amount, Applicant(s) acknowledge that Applicants may need to undergo medical test for
insurance depending upon the information furnished in the medical questionnaire in the
insurance enrolment form.
9. Insurance, Taxes, Stamp Duties or Cesses including but not limited to GST on processing
charges, Sales Tax, VAT, Customs Duty, stamp duty, and/or all other levies and imposts, by
whatever name called, in relation to the Loan and the Loan Documents, Security Documents
shall be borne by Applicant(s).

6 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

10. Borrower agrees that, the timely repayment of loan as per the EMI due date is important and
necessary to be adhered by borrower without exception else, the loan account shall be flagged as
overdue as per Regulatory guidelines and the same is detailed below, for ease of your
understanding:
11. “The Borrower(s) hereby agree and acknowledge that the Loan documents and communications
relating to Loan shall be shared in the language as selected by the primary Borrower.

The vernacular translation version of the documents/communication is done on a best effort

basis. In case of any inconsistencies between the English version and the vernacular version of
this Agreement/communication, the contents in English version shall prevail.”
REGULATORY REQUIREMENT ILLUSTRATION

Classification as Criteria for classification of Loan Date of payment of Loan

Special Mention account, is based on Non-receipt of Dues (January 07, 2022) &
Account (SMA) / principal or interest payment or any its classification upon non-
Non-Performing other amount wholly or partly payment
Asset (NPA) overdue (shortly referred below as
“Loan Dues”)

SMA-0 Non-receipt of Loan Dues till 30 SMA-0: Upto February 05,

days from the Due Date. 2022

SMA-1 Non-receipt of Loan Dues for more SMA-1: On February 06,

than 30 days and upto 60 days from 2022, it shall be classified as
the Due Date. SMA-1 if complete loan dues
are not paid to BFL.

SMA-2 Non-receipt of Loan Dues for more SMA-2: On March 08, 2022,
than 60 days and upto 90 days from it shall be classified as SMA-
the Due Date. 2 if complete loan dues are
not paid to BFL.

NPA Non-receipt of Loan Dues as of NPA: On April 07, 2022, it

91st day from the Due Date. shall be classified as NPA if
complete loan dues are not
paid to BFL.

12. The Borrower shall provide access to and permit officers and designated representatives of the
Lender (including its auditors and / or management consultant) to inspect, examine and make
copies of the books of record and accounts of the Borrower and discuss the affairs, finances and
accounts of the Borrower and be advised of such matters, by the Borrower’s officers. The
Borrower shall extend all assistance and co-operation to enable such persons to conduct the
above inspection and audit. The stock / book debt audits (if required) of the Borrower may be
undertaken by the Lender at annual frequency. The cost (including any out-of-pocket expenses)
for the inspection and audit shall be borne by the Borrower.

7 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

*The initial and subsequent instalment amounts indicated herein are computed based on formula of 30/360 days or 12 equal
months basis. However, in the case of flexi loans, instalment amounts during the initial period may fluctuate based on interest
computed basis the formula of, actual number of days of utilisation taking base days as 365 days in case of non-leap year (or
366 days in case of leap year). The instalment amount levied on your Loan may vary considering interest computed based on
the formula for actual number of days.

ANNEXURE A

FORECLOSURE AND PART-PREPAYMENT CHARGES

The Borrower understands and agrees that Pre-Payment Charges will be applicable to the Loan/s availed by the Borrower as per
the details mentioned below, and the Borrower agrees that the same is subject to change at the discretion of the Lender and the
revised charges as updated on the Website be applicable on the Borrower.

Fixed Rate Loans: All Borrowers (including individuals)

Flexi Term Loan

Term Loan Hybrid Flexi Loan
(Dropline Flexi)

Time Period
>1 >1 >1
(Months)

4.72% (Inclusive of 4.72% (Inclusive of applicable 4.72% (Inclusive of applicable

Full Pre
applicable taxes) on the taxes) of the total withdrawable taxes) of the total withdrawable
Payment /
outstanding loan amount as amount as per the repayment amount as per the repayment
Foreclosure
on the date of such full pre- schedule as on the date of such full schedule as on the date of such full
Charges
payment. prepayment. prepayment.

4.72% (Inclusive of
Part Pre applicable taxes) of the
Payment principal amount of Loan Not Applicable Not Applicable
Charges prepaid on the date of such
part Pre-Payment.

CONDITIONS FOR PRE-PAYMENT IN CASE OF TERM LOANS:

Amount of part Pre-Payment has to be equal to or greater than at least 1 EMI.
The above part Pre-Payment charges are not applicable to Flexi Term Loans availed by the Borrower, unless communicated by
the Lender to the Borrower at a subsequent date.

By clicking the 'I Agree' button at the end of this Sanction Letter or by affixing physical signature , I, the Borrower or authorized
signatory of the Borrower (non-individual) hereby agrees and acknowledge that the I, the Borrower or authorized signatory of the
Borrower:

8 of 47
3/30/25, 7:00 PM BLSE PLSE Sanction Letter and Agreement

(i) is at least 18 years of age, (ii) can understand, read and write in the English language. (iii) has read and understood the terms
and conditions contained in this Sanction Letter (iv) is duly authorized by the borrowing entity to accept the terms and conditions
under this Sanction Letter on behalf of the borrowing entity through valid Board Resolution/ Authority Letter/Power of Attorney
or such other authorization document recognized under law and accepted by the Lender, as the case may be and (v) I agrees to be
bound by such terms and conditions contained herein below in relation and as may be communicated from time to time by the
Lender and pertaining to the Loan.

I, The Borrower or authorized signatory of Borrower agrees that my/our action of entering the one-time password sent by the
Lender and clicking the 'I Agree' button constitutes my valid acceptance of the Terms and Conditions contained herein and creates
a binding and enforceable contract.

We request you to please acknowledge and return the duplicate copy of this sanction terms, duly signed, as a token of
having accepted the terms and conditions mentioned above and overleaf.
Your faithfully, Accepted
For Bajaj Finance Limited (Borrowers, Co-Borrowers, Guarantor(s), to sign below)

Authorized 1.
Signatory
2.
Name:
3.
Designation:
4.
Date: 16-05-2025 30-03-2025

9 of 47