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Sanction Letter DMI0052413592

DMI Finance Pvt Ltd has sanctioned a loan of Rs. 13,496 to customer Sailaja with a fixed interest rate of 0% for a period of 8 months. The loan comes with a processing fee of Rs. 399 and various charges for late payments and overdue amounts. The loan must be used for consumer purposes only and is contingent upon the completion of required documentation and verification.

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Athul p Jithu
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0% found this document useful (0 votes)
23 views2 pages

Sanction Letter DMI0052413592

DMI Finance Pvt Ltd has sanctioned a loan of Rs. 13,496 to customer Sailaja with a fixed interest rate of 0% for a period of 8 months. The loan comes with a processing fee of Rs. 399 and various charges for late payments and overdue amounts. The loan must be used for consumer purposes only and is contingent upon the completion of required documentation and verification.

Uploaded by

Athul p Jithu
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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DMI FINANCE PRIVATE LIMITED

SANCTION LETTER
Date: 2025-07-06

Customer Name- . Sailaja

Co-Borrower/Guarantor:- NA

Address details-
pavuthodi,PAVUTHODI,VAKKODE,ERANHIMANGAD,Akampadam,Malappuram,Kerala,India,679329 Nilambur
KERALA India 679329

Dear Sir/Madam,

Please refer to your loan application DMI0052413592 for a loan facility from DMI Finance Pvt Ltd. (“Lender”).

We are happy to inform you that we have sanctioned a sum of Rs. 13496/- against your application.

We are happy to provide the loan on the following broad terms.

1 Sanction /Loan Amount INR 13496

2 Rate of Interest % p.a. (fixed on reducing balance) 0%

3 Tenor/Validity Period/ Availability Period (Months) 8

4 Processing Fees (Including GST) (One time) INR 399

5 Insurance (Including GST) (One time) NA

6 Overdue Charges 1.5% PM on overdue amount

7 Pre closure Charges NA

8 Late Payment Fees INR 550+GST

9 Nach Rejection Charges INR 500 +GST

10 Purpose of Loan Consumer Loan

11 Sourcing Partner Name Samsung

Registered office - Express Building, 3rd Floor, 9-10, Bahadur Shah Zafar Marg New Delhi-110002
Web - www.dmifinance.in | Portal - https://portal.dmifinance.in/ | WhatsApp - 9350657100 (https://bit.ly/DMIFINWA)
DMI FINANCE PRIVATE LIMITED

This offer is valid up to 30 working days from the date of issue.

Charges & deductions applicable to this loan are as mentioned in the application form and sanction letter.

For understanding DMI's approach for gradations of risk and rationale for charging different rate of interest to different
categories of borrowers, please refer to DMI’s Policy on Interest Rate and Charges available on
https://www.dmifinance.in/investor-relations/policies/

The sanction letter does not vest in you or entitle you or give any right to you or anyone to claim any damages against the
Lender for any reason. Once the sanction letter is accepted, you also need to accept / execute general terms and conditions
of loan, key fact statement and other required documents, as applicable, for availing disbursal of loan.

The disbursement of the loan amount is contingent upon the successful completion of all required documentation and
verification processes. You must provide all necessary documents and information as requested by the Lender. The Lender
reserves the right to withhold the disbursement of the loan until all documentation is duly completed and verified to the
Lender’s satisfaction.

The Loan shall not be utilized for any purpose other than as may be permitted by the Lender at the time of issuance of the
key facts statement in particular the loan shall not be used for any of the following:(a) any investments in capital markets,
which includes stocks, bonds, and other financial securities (b) purchase of gold in any form including primary gold, gold
bullion, gold jewellery, gold coins, units of exchange traded funds (ETF) and units of gold mutual fund or (c) any
speculative investments or speculative purpose or (d) for any activity which is illegal or prohibited by law or in respect of
which the use of loan funds is restricted by law.

DMI FINANCE PVT LTD.

This is a system generated letter and does not require any signature

Registered office - Express Building, 3rd Floor, 9-10, Bahadur Shah Zafar Marg New Delhi-110002
Web - www.dmifinance.in | Portal - https://portal.dmifinance.in/ | WhatsApp - 9350657100 (https://bit.ly/DMIFINWA)

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