Sanction Letter – Consumer Durable/s Finance

To,
Customer Name: DEBA PRASAD MISHRA
Customer Address: - RAICHAKRADHARPUR SATYABADI BALAPUR RAI CHAKRADHARPUR PURI ODISHA 752014 INDIA
NEAR APPOLO PHARMACY PURI ODISHA BALAPUR 752014
Customer Mobile: 9437470391
Date:30-06-2025 Place:PURI

We are glad to inform you that your loan Application ID CDOR000682A00105992 has been sanctioned on the following
terms and conditions.

Loan Details
Type of Loan Term Loan
Loan Amount 31,539
Number of Installments 10
Count of EMIs contributing to Initial Instalment 0
Customer IRR 2.455 % Per Annum (monthly reducing balance method)
Business IRR 23.16 % Per Annum (monthly reducing balance method)

Product Details
Manufacturer OPPO
Asset Category MOBILE
Sub Category SMART PHONE
Model RENO13256GBCPH2689
Variant RENO13256GBCPH2689
IMEI No/Serial Number

Dealer Details
Dealer Code CDOR000682
Dealer Name OMM MAA TRADERS
Dealer Address PLOT NO-1310/3945 KHORDHA MANGALA SAHI
SAMANTARAPUR BHUBANESWAR ODISHA

Please read the following general terms and conditions for sanction of loan.

General terms and conditions

1. This sanction is subject to execution of transaction documents in the format as may be prescribed and the disbursement shall be at the
sole discretion of Cholamandalam Investment and Finance Company Limited (CIFCL/the Company).
2. You may at your sole discretion opt any of the Retention Product Program as provided in the Annexure to the Loan terms and
conditions. If opted, the applicable fee for the Retention Product Program shall be payable by you/deductible from the loan
3. CIFCL may at any point in time require additional documents and reserves its right to amend the terms of the sanction before
disbursement under intimation.
4. Any advance payments made by you prior to the installment due dates for whatsoever reasons, shall be given credit to your
loan account. However, adjustments of such advance amount received against installment will be given for such payments
only on the installment due dates and manner as stipulated under the Loan terms and conditions. Such advance payments
received will not be eligible for any rebate in interest.
5. All payments should be made promptly on due dates and shall be made in favour of Cholamandalam Investment and Finance
Company Limited (CIFCL) vide ACH/ SI/ PDC/ NPDC or such other mode at the discretion of the Company.
6. In the event of any delay in the payment of any installment or other amounts due and payable on Due Date/s, the Borrowers
shall pay Penal Charges of Rs.590/- to the Company
7. Additional charges including service charges, documentation charges, outstation cheque charges etc., may be levied by CIFCL as
may be applicable to the Borrower.
8. The rates of interest will be different for different categories of borrowers based on the individual credit and risk profiles and based
on the interest rate model disclosed in the Company's website. Wherever there is/are special financial arrangements arising out of the
tie-up with manufacturer/dealer, the same is reflected in the above IRR.
9. As a precondition to the loan to be granted to the Borrower, the Borrower by accepting this Sanction letter authorize , consent and
agree for the disclosure and sharing of all or any information and data relating to the Borrower to the Reserve Bank of India (“RBI”)
and/or to the Credit Information Companies (CIC) and/or to any other agency authorized in this behalf by RBI/CIC, to the CIFCL’s
professional advisers and consultants, to its group companies, subsidiaries or any other person as CIFCL may deem fit.
10. List of applicable charges/fee leviable for the sanctioned loan are mentioned in the relevant key fact statement. All taxes, duties,
levies, surcharges and cess including but not limited to Goods and Services Tax (GST) shall be charged as may be applicable from
time to time.
11. Throughout the tenure of the loan, the Borrower shall keep the consumer durable/s comprehensively insured against risks of fire,
riots, civil commotions, floods, earthquake, tsunami, theft and all such risks to which the consumer durable/s is normally exposed.
12. Alteration and rescheduling of the installments: CIFCL reserves its rights to change or re-schedule the installments or any of the
terms and conditions, prospectively with the formal consent of the Borrower.
13. The Borrower can exit the loan transaction by paying the outstanding principal and the proportionate annual percentage rate ( refer
key fact statement) without paying any preclosure charge during the cooling off period (as specified in the key fact statement).
14. In the event of default, the Borrower shall surrender the consumer durable/s with CIFCL thereby enabling it to appropriate the sale
consideration of consumer durable towards the amounts due and payable under the loan facility. In the event of surrender of the
consumer durable/s by the Borrower or in case of expiry of the term of Loan specified in the loan terms and conditions or earlier by
notice by the Company the loan terms and conditions shall stand terminated. In such an event, the Borrower shall not be entitled to
the benefit of paying the loan in installments of the amounts remaining payable, which shall fall due immediately together with the
amount already in arrears and shall be liable to pay penal charges on the termination price until realization of the full payment.
15. The Company shall be at liberty to withhold the NOC on even completed loan accounts and to repossess and sell the secured assets,
without intervention of courts, hypothecated under any other agreements towards realization of dues payable under this loan account.
The Company shall be entitled to appoint third parties as it may deem fit and such third parties can carry out all or any of its
functions, rights and powers under this loan account.
16. Event of Default: The following shall be construed as events of default: If the Borrower fails to perform any of their obligations;
dishonours PDCs or mandates, becomes insolvent, bankrupt, winding up proceedings are initiated against them, convicted or charged
by any Court of law/Government authorities for any offence; violates any of the terms and conditions of the loan including act of
encumbering or sale of the consumer durable/s in any manner whatsoever without express consent of the Company in writing; if the
consumer durable/s is confiscated or is subjected to any execution proceeding; stolen or untraceable; or damaged or rendered unfit for
use
On the question whether any of the above events/circumstances has occurred, the decision of the Company shall be final, conclusive
and binding on the Borrower. The above terms are only gist of few important terms and the Borrower may refer to the loan terms and
conditions for the detailed version.
17. The Borrower may be required to provide one-time access to his/her mobile phone camera, microphone and location based on the
requirement of capturing his/her photo and identifying the location as the same will be necessary for the purpose of on-boarding/
KYC requirements. The Borrower can either give or deny consent for such access during the loan tenure. In the case of Borrower
denying consent, the on-boarding may fail and/or KYC requirements may not be fulfilled, resultantly, CIFCL will be forced to
withdraw this sanction letter.
18. This Sanction Letter forms an integral part of the loan documentation and shall be read in consonance with the loan terms and
conditions. In case of discrepancies between the loan terms and conditions and Sanction Letter, the loan terms and conditions would
override this Sanction Letter.
19. This sanction letter shall not be considered as a Delivery Order / Release letter.
20. You are solely responsible for getting delivery of the consumer durable/s from the manufacturer / dealer and verifying fitness,
quality, condition, etc. of the same and shall intimate us immediately upon taking delivery of the consumer durable/s. We shall not be
held liable for any defect of consumer durable/s or delay in delivery or any service issue concerning the manufacturer/ dealer/ insurer
or any intermediary involved in the transaction.
21. CIFCL reserves its right to amend/modify the charges/fee and terms prospectively with formal consent of the borrower.
22. CIFCL has entered into arrangement(s) with certain bank/s for the purposes of co-lending in line with the relevant circular/s of
Reserve Bank of India. This loan may also be subject to such co-lending arrangement.
23. The above sanction of finance facility is valid for 3 days from the date of this letter. In order to avail the loan, you may give your
acceptance of all the terms and conditions of the sanction within 3 days, at the expiry of which the sanction will lapse.

Thanking you & assuring you of best service at all times

This is a computer-generated letter. No signature is required.

To,
M/s. Cholamandalam Investment and Finance Company Limited
'Chola Crest', C 54 & 55 & Super B4, Thiru Vi Ka Industrial Estate, Guindy, Chennai - 600 032

I hereby confirm that I have read and understood all the terms and conditions of sanction of the loan facility extended to
me and give my unconditional acceptance for the sanctioned facility as per the said terms and conditions.

I may execute this Sanction Letter, KFS and loan documents in any electronic/digital form (where applicable) by affixing
digital/electronic signature or through an OTP (One Time Password) and/or e-link sent to me in the declared mobile
number or e-mail ID and/or by clicking ‘I Agree/Accept’ button or any other mode, which shall be a binding contract
between me and CIFCL.

All the terms and conditions of sanction of the above loan facility have been explained to me and I have understood the
same.