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Branch Office: GARAUTHA, DT JHANSI, UP
Ref No: PNB-529043
Date:04-07-2025
Name of the Borrower: POONAM NAYAK
Address:GARAUTHA ,
JHANSI,
UTTAR PRADESH,
India, PIN: 284204
Dear Sir/Madam,
Sanction of Term Loan facility of Rs. 50000 under KRISHI TATKAL RIN
In reference to your loan application no. PNB-529043 dated 04-07-2025 , we are pleased to communicate our sanction of Term
Loan of Rs. 50000 (Rs. Fifty Thousand) under KRISHI TATKAL RIN on terms and conditions given here under and the terms
and conditions of the bank contained in the standard loan documents of the bank for such loans.
You are requested to go through the terms & conditions of the sanction carefully.
Particulars Terms & Conditions
Nature of Facility Term Loan
Sanction Limit Rs.50000
Purpose of Loan Immediate Credit need for crop production
Security Primary: Hypothecation of crops
Margin NIL
MCLR (1 year) + 1.25% i.e. 10.15 % P.a.
Rate of interest
(Presently MCLR (1 year) is 8.90%)
The borrower shall be deemed to have notice of changes in the rate of interest
whenever there are changes in MCLR either increase or decrease in the interest. By
Intimation of change in Interest display of MCLR on the Website of the Bank or published in newspaper or made
Rate through entries of the interest rate charged in the passbook, statement of account
furnished to the Borrower and the Borrower is liable to pay such revised rate of
interest.
2% over & above the applicable rate shall be charged for the irregular amount and for
Penal Interest
the period of irregularity
Service Charges CIR Charge – Rs. 100 + GST
Repayment Period 5 Years; Yearly Installment.
a. The arrangement may be cancelled immediately on written notice to that effect given
by the Bank to you without prejudice to any liability under the arrangement.
b. Undertaking to abide by the terms and conditions stipulated and/or may be
stipulated from time to time for loan under KRISHI TATKAL RIN.
c. The Bank will be free to verify the information submitted in your loan application
form from any source about your land holding, borrowing or any other aspect
Other terms & conditions
considered necessary by the bank.
d. Disbursement of the credit facilities will be made in existing KCC or Saving account of
the customer.
e. A Standing Instruction (SI) will be marked in the linked Kisan Credit Card
(KCC)/Saving Fund account for the debit of installment due for this loan.
f. The Rate of Interest is subject to change from time to time.
In case, any clarification is needed, kindly bring the matter the notice of the undersigned.
Yours Faithfully,
Digitally Signed by:
(Authorized Signatory – PNB)
Branch Office: GARAUTHA, DT JHANSI, UP
KEY FACT STATEMENT
Date: 04-07-2025
Applicant Name: POONAM NAYAK
Part 1: Interest Rate and Fees/Charges
1. Loan proposal No. 529043 Type of Loan Term Loan
2. Sanctioned Loan amount (in Rupees) Rs. 50000
Disbursal schedule
One time Disbursal
(i) Disbursement in stages or 100% upfront.
3.
(ii) If it is stage wise, mention the clause of loan
Rs. 50000
agreement having relevant details
4. Loan term (Year) 5
5. Instalment details
Commencement of repayment, post
Type of instalments Number of EPIs EPI (₹)
sanction
YEARLY 5 Rs. 10000+ Interest < One year from the a/c open date >
Interest rate (%) and type (fixed or floating or
6. Floating 10.15 %
hybrid)
7. Additional Information in case of Floating rate of interest
Impact of change in the reference
Reset periodicity
Reference Benchmark Spread Final rate (%) R = (Months) benchmark (for 25 bps change in ‘R’,
Benchmark rate (%) (B) (%) (S) (B) + (S) change in: )
B S EPI (₹) No. of EPIs
MCLR 8.9 1.25 10.15% 12 NA xxxxx xxxxxx
8. Fee/ Charges
Payable to the RE (A) Payable to a third party through RE (B)
One- Amount (in ₹) or
One- Amount (in ₹) or Percentage (%) as
time/ P e r c e n t a g e (%) as
time/Recurring applicable
Recurring applicable
Processing
(i) NA
fees
Insurance
(ii) NA
charges
Valuation
(iii) NA
fees
Any other
CIC
(iv) (please Rs. 118 One Time
Charge
specify)
9. Annual Percentage Rate (APR) (%) 10.15 %
10. Details of Contingent Charges (in ₹ or %, as applicable)
(i) Penal charges, if any, in case of delayed payment 2%
(ii) Other penal charges, if any NA
(iii) Foreclosure charges, if applicable NA
Charges for switching of loans from loating to ixed rate and vice
(iv) NA
versa
(v) Any other charges (please specify) NA
Part 2 (Other qualitative information)
Clause of Loan agreement relating to engagement of
1. Not Applicable
recovery agents
Clause of Loan agreement which details grievance redressal
2.
mechanism
Sh. Upender Kumar; Assistant
General Manager;
Head Office: Agriculture Division,
Phone number and email id of the nodal grievance Fourth Floor, West Wing, Sector-
3.
redressal officer 10,
Dwarka, New Delhi-110075
Email:upender.kumar@pnb.co.in;
Phone: 011-28044177
Whether the loan is, or in future maybe, subject to transfer
4. Yes
to other REs or securitization (Yes/ No)
In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing),
5.
following additional details may be furnished:
Name of the originating
Name of the partner RE along with its proportion of
RE, along with its Blended rate of interest
funding
funding proportion
Not Applicable Not Applicable Not Applicable
6. In case of digital loans, following specific disclosures may be furnished:
Cooling off/look-up period, in terms of RE’s board
(i) approved policy, during which borrower shall not be 15 Days
charged any penalty on prepayment of loan
Details of LSP acting as recovery agent and authorized to
(ii) None
approach the borrower
Digitally Signed by:
(Authorized Signatory – PNB)
Annex B
Computation of APR
Sr.
Parameter Details
No.
1 Sanctioned Loan amount (in Rupees) Rs 50000
2 Loan Term (Years) 5
a) No. of instalments for payment of principal, in case of non-equated periodic loans NA
Type of EPI Yearly
b) Amount of each EPI (in Rupees) and Rs. 10000+ Interest
nos. of EPIs (e.g., no. of EMIs in case of monthly instalments) 5
c) No. of instalments for payment of capitalised interest, if any -
< One year from the a/c
d) Commencement of repayments, post sanction
open date >
3 Interest rate type (fixed or floating or hybrid) Floating
4 Rate of Interest 10.15 %
Total Interest Amount to be charged during the entire tenor of the loan as per the rate
5 Rs. 15225
prevailing on sanction date (in Rupees)
6 Fee/ Charges payable (in Rupees) Rs 118
A Payable to the RE NA
B Payable to third-party routed through RE 118
7 Net disbursed amount (in Rupees) 49882
8 Total amount to be paid by the borrower (in Rupees) Rs. 65225
9 Annual Percentage rate- Effective annualized interest rate (in percentage) 10.15%
10 Schedule of disbursement as per terms and conditions One time Disbursement
< One year from the a/c
11 Due date of payment of instalment and interest
open date >
Annex C
Illustrative Repayment Schedule under Equated Periodic Instalment for the hypothetical loan illustrated
in Annex B
Instalment No. Outstanding Principal (in Rupees) Principal (in Rupees) Interest (in Rupees) Instalment (in Rupees)
1 NA
2 NA
3 NA
4 NA
5 NA
Digitally Signed by:
(Authorized Signatory – PNB)
Digitally signed by
PNB_KRISHITAT
KALRIN
Date: 2025.07.04
21:13:36 +05:30
