Key Facts Statement

Date: 24.12.2024 Name of the lender: mPokket Financial Services Private Limited

Loan ref no.: MKV92BB6793ID159794613 Name of digital lending app: mPokket

Borrower Name: Saurabh Ashok Patel

Part 1 (Interest rate and fees/charges)

Loan proposal/ account

1 159794613 Type of Loan Unsecured Personal Loan
No.

Sanctioned Loan amount

2 ₹2000
(in Rupees)

Disbursal schedule
(i) Disbursement in
stages or 100% upfront.
3 (ii) If it is stage wise, 100% upfront
mention the clause of
loan agreement having
relevant details

4 Loan term (months) 6

5 Instalment details Refer Repayment Schedule

Commencement of
Type of instalments Number of EPIs EPI (₹) repayment, post
sanction

Non Equated Periodic

N/A N/A 30 days
Instalment

Interest rate (%) and

6 type (fixed or floating or 48.0% Fixed
hybrid)

Additional Information in
7 case of Floating rate of NA
interest

Payable to a third party through

8 Fee/ Charges Payable to the RE (A)
RE (B)
 Amount (in ₹) Amount (in ₹)
One- or Percentage One- or Percentage
time/Recurring (%) as time/Recurring (%) as
applicable applicable

(i) Processing fees One-time ₹71

(ii) Insurance charges One-time ₹50.00

(iii) Valuation fees N/A N/A N/A N/A

(iv) Any other (please specify)

(a) Loan Monitoring Fee One-time ₹0.00

(b) Repayment Fee One-time ₹2.23

(c) Repayment Convenience As per PG

One-time
Charges charges

9 Discount (INR) ₹0.00

10 Annual Percentage Rate (APR) (%) 65.7

11 Details of Contingent Charges (in ₹ or %, as applicable)

Penal charges, if any, in case of

(i) Refer to Annexure A
delayed payment

(ii) Other penal charges, if any N/A

Foreclosure charges
Instalment
Repayment Date if loan closed before
No.
due date

1 Jan 23, 2025 ₹100.8

2 Feb 22, 2025 ₹67.2

(iii) Foreclosure charges, if applicable
3 Mar 24, 2025 ₹45.9

4 Apr 23, 2025 ₹29.0

5 May 23, 2025 ₹10.0

6 Jun 22, 2025 ₹0.0

Charges for switching of loans

(iv) from floating to fixed rate and vice N/A
versa

Rs. 100.00/- per instalment plus GST at applicable rates

(v) Bounce Charges (exclusive of GST) - Bounce charge will be applicable only once for each installment
- If a payment is not made by the due date, bounce charges will be
charged on DPD2 (two days after due date) or any subsequent DPD

(vi) Any other charges (please specify) N/A

 Part 2 (Other qualitative information)

Clause of Loan
agreement relating to
1 Clause 4.4(d) of the loan agreement
engagement of recovery
agents

Clause of Loan
agreement which details
2 Clause 10.13 of the loan agreement
grievance redressal
mechanism

Phone number and email

Email: nodal@mpokket.com
3 id of the nodal grievance
Contact: 7605057586
redressal officer

Whether the loan is, or in

future maybe, subject to
4 yes
transfer to other REs or
securitisation (Yes/ No)

In case of lending under

collaborative lending
arrangements (e.g., co-
5 lending/ outsourcing), N/A
following additional
details may be
furnished:

Name of the originating

Name of the partner RE along with its
RE, along with its Blended rate of interest
proportion of funding
funding proportion

N/A N/A N/A

6 In case of digital loans, following specific disclosures may be furnished:

Cooling off / look-up

period*, in terms of RE’s
board approved policy,
(i) during which borrower 72 hours from the time of loan disbursal
shall not be charged any
penalty on prepayment
of loan

Details of LSP acting as

recovery agent and For details of service provider and its agents etc. please refer to
(ii)
authorized to approach https://www.mpokket.in/lsp-dla
the borrower

* A period provided to borrowers as an explicit option to exit from loan by paying the principal amount and the
proportionate APR without charging any penalty during this period. During the look-up period, the borrower has the
option to foreclose the Loan by paying the complete Loan Amount. In case of prepayment during the look-up period
the proportionate APR up to the time of repayment shall be charged to the borrower. The discount amount of ₹0.00
, shall not be available to the borrower for such prepayments made within the look-up period.

APR Computation

No. Parameter Details

1 Sanctioned Loan amount (in Rupees) ( Sl no. 2 of the KFS template – Part 1) ₹2000

2 Loan Term (in months) (Sl No.4 of the KFS template – Part 1) 6

No. of instalments for payment of principal, in case of non-equated periodic

a. 6
loans

b. Type of EPI N/A

Amount of each EPI (in Rupees) N/A

Nos. of EPIs (e.g., no. of EMIs in case of monthly instalments) (Sl No. 5 of the
N/A
KFS template – Part 1)

c. No. of instalments for payment of capitalised interest, if any -

Commencement of repayments, post sanction (Sl No. 5 of the KFS template –

d. 30 days
Part 1)

Interest rate type (fixed or floating or hybrid) (Sl No. 6 of the KFS template –
3 Fixed
Part 1)

4 Rate of Interest (Sl No. 6 of the KFS template – Part 1) 48.0%

Total Interest Amount to be charged during the entire tenor of the loan as per
5 ₹224
the rate prevailing on sanction date (in Rupees)

6 Fee/ Charges payable (in Rupees) ₹73.23

a. Payable to the RE (Sl No.8A of the KFS template-Part 1) ₹ 71

b. Payable to third-party routed through RE (Sl No.8B of the KFS template – Part 1) ₹2.23

7 Net disbursed amount (in Rupees) ₹1,879.00

8 Discount Amount (INR) ₹0.00

9 Total amount to be paid by the borrower (sum of 1 and 5 minus 8) (in Rupees) ₹2224

Annual Percentage rate- Effective annualized interest rate (in percentage) (Sl
10 65.7%
No. 10 of the KFS template-Part 1)

11 Schedule of disbursement as per terms and conditions 100% upfront

12 Due date of payment of instalment and interest Jan 23, 2025

 Repayment Schedule

Outstanding
Principal (in Interest (in Discount (in Instalment (in
Instalment No. Principal (in
Rupees) Rupees) Rupees) Rupees)
Rupees)

1 2000 ₹800 ₹80 ₹0 ₹880

2 1200 ₹240 ₹48 ₹0 ₹288

3 960 ₹240 ₹38 ₹0 ₹278

4 720 ₹240 ₹29 ₹0 ₹269

5 480 ₹240 ₹19 ₹0 ₹259

6 240 ₹240 ₹10 ₹0 ₹250

Annexure A

Annualized Penal Charge for Overdue Loans

An amount to be payable by borrower on repayment post due date for each instalment as
tabled below:

Amount in Rs

Installment Due Penal Charges

DPD DPD DPD DPD DPD DPD DPD

1-10 11- 21-30 31- 41-50 51-60 61
20 40 and
on Maximum Maximum
Lower Upper
wards Penal No of Annualised%
Limit Limit
(For Charges days
every
10
days)

1 100 4 3 3 2 2 2 1 40 460 32%

101 250 10 8 8 5 5 5 2 100 460 32%

251 500 20 15 15 10 10 10 3 200 460 32%

501 1000 40 30 30 20 20 20 6 400 460 32%

 1000 1500 60 45 45 30 30 30 9 600 460 32%

1501 2000 80 60 60 40 40 40 12 800 460 32%

2001 2500 100 75 75 50 50 50 15 1000 460 32%

2501 3000 120 90 90 60 60 60 18 1200 460 32%

3001 3500 140 105 105 70 70 70 21 1400 460 32%

* The above annualized % is computed based on the maximum Penal Charges on the
upper limit and considering the maximum no of days upto which it shall apply.

GST will be levied on the above penal charges as applicable to be payable by

borrower
In case of payment after due date, the Annualised Rate of Interest 48.0% shall be
charged till the actual date of payment.

Thanking You,
For mPokket Financial Services Private Limited

Digitally Signed by mPokket Financial Services Private Limited

Date: 24/12/2024, 13:21:52