Key Fact Sheet on Pricing of Digital Loans

SMFG India Credit

Company Limited
(Formerly Fullerton GAJANAN
27/07 Lender's Applicant
Date: India Credit DILIPSING
/2024 Name: Name:
Company Limited) RAJPUT
(SMFG India
Credit)
Sr. No Parameter Details
1 Facility amount (Total Limit to the borrower) 200000.0
41092
Total interest charged for the facility (in Rupees)
Forty One
2 (Interest is calculated for entire tenure considering full limit is utilised. Actual amount may
Thousand Ninety
differ and will be calculated basis the utilisation)
Two Only
Upfront Deductions (This will be deducted from the Loan amount upfront and break-up of
3 each component is given below) 14140
(Amount will vary basis the utilisation)
(a) Processing fees (in Rupees) 14140
(b) Insurance charges (as opted by customer) (in Rupees) NA
(c) Others (if any) (in Rupees) NA
4 Net amount available for drawdown ((1)-(3)) 185860.0
241092.0
Total amount to be paid by the borrower (sum of (1) and (2)) Two Lakh Forty
5
(Amount will vary basis the utilisation) One Thousand
Ninety Two Only
Annual Percentage Rate (APR) - Effective annualised interest rate (in percentage) (computed
6 50.99%
on net disbursed amount using IRR approach and reducing balance method)
Tenure of the Facility (in month)
7 Tenure of the drawdown - Up to maximum of 24 months. (Exact tenure will be as per the 12 months
drawdown requested)
8 Repayment frequency by the borrower Monthly
Number of instalments of repayment
9 12
Up to maximum of 24 months. (Exact instalments will be as per the drawdown requested)
5th of Every
10 Date of Repayment
Month
20091.00
Twenty
11 Amount of each instalment of repayment (in Rupees).
Thousand Ninety
One Only
Total Principal -
Break up between Principal and Interest
INR 200000.0
Interest is accumulated on your loan account from the day of disbursement, hence values
12
mentioned in the corresponding table are indicative.
Total Interest -
Actual values will be available in repayment schedule.
INR 41092
Details of LSP acting as recovery agent and authorized to approach the One MobiKwik
13
borrower Systems Ltd
Details about Contingent Charges / Schedule of Charges
Cooling off/look-up period during which borrower shall not be charged any penalty on
14 prepayment of loan (Borrower can exit loan in 3 days by paying the principal and the 3 Days
proportionate APR)
15 Loan Cancellation charges (Loan cancelled during cooling off period) NIL
Foreclosure Charges (in % or Rupees) 3% plus
*Foreclosure charges/pre-payment penalties would not be charged on floating rate term loans applicable taxes
 16 sanctioned for purposes other than business to individual borrowers, with or without co- on Principal
obligant(s) Outstanding
3% per month of
overdue amount
calculated on
17 Late Payment Charges in case of delayed payments (in %)
day to day basis
plus applicable
taxes
NACH / E-NACH Mandate re-presentation or Cheque / ECS dishonor charge (in Rupees)
To be applied once a month on first NACH bounce / Cheque presentation / ECS Mandate
(Note: The Cheque/ECS/NACH dishonour Charges as referred to above are not
compensatory and/or to be construed as any form of consideration towards the act of
dishonour and in no ways should the same be construed as fees recovered under this
Rs. 590 (once
18 facility. It is abundantly clarified that SMFG India Credit does not tolerate dishonour of
per EMI)
instruments and/or deposit of an invalid, fake or unworthy instrument issued towards
meeting payment obligations under this facility and any Charges collected thereof are
not intended to compound such acts of dishonour. Notwithstanding any Charges
collected hereof SMFG India Credit reserves its right to invoke appropriate civil and
criminal laws.)
Details of Nodal Officer:
SMFG India Credit Company Ltd. (Formerly Fullerton India Credit Company Ltd.)
SMFG India Credit Co. Ltd.
(Formerly Fullerton India Credit Co.
Name: Ritesh Saxena
Address Ltd.), B Wing, 6th Floor, Supreme
Designation: Grievance Redressal Officer
Business Park, Powai, Mumbai -
400076
Phone: 022-42241220 Email: gro@smfgindia.com
Lending Service Provider / Digital Lending App (Mobikwik)
One MobiKwik Systems Limited
Unit No. 102, 1st Floor, Block-B,
Name: Prashant Gandhi
Address Pegasus One, Golf Course Road,
Designation: Nodal Grievance Redressal Officer
Sector-53, Gurugram, Haryana,
India
Phone: +91-8069898317 Email: grievance@mobikwik.com
Digital Lending App of the LSP
One MobiKwik Systems Limited
Unit No. 102, 1st Floor, Block-B,
Name: Prashant Gandhi
Address Pegasus One, Golf Course Road,
Designation: Nodal Grievance Redressal Officer
Sector-53, Gurugram, Haryana,
India
Phone: +91-8069898317 Email: grievance@mobikwik.com
Note: "SMFG India Credit Company Ltd. (Formerly Fullerton India Credit Company Ltd.) as the Lender has appointed One MobiKwik
Systems Ltd as an agent of SMFG India Credit who carries out one or more of lender's functions or part thereof in customer acquisition,
underwriting support, pricing support, servicing, monitoring, recovery of specific loan or loan portfolio on behalf of SMFG India Credit."

Name of the Borrower: GAJANAN DILIPSING RAJPUT

Name of Authorised Signatory (for Proprietorship, Partnership and Companies)

Signed with DeviceId: 4D641DABDF2A40EA78C5CC905E42C3FF7666022C at 27/07/2024 18:14:31

Name of the Co-Borrower:

Name of Authorised Signatory (for Proprietorship, Partnership and Companies)

----------------------------------

Illustrative Repayment Schedule (can be accessed on following link):https://www.smfgindiacredit.com/digital-lending-partner.aspx

Privacy policy of SMICC (can be accessed on following link): https://www.smfgindiacredit.com/policies/privacy-policy.aspx

Please refer to Mobikwik Privacy Policy (can be accessed on following link): https://www.mobikwik.com/privacypolicy
SMFG India Credit Company Ltd. (Formerly Fullerton India Credit
Company Ltd.)

Corporate Office: No. 101, 102 & 103, 10th floor, North Avenue, Maker Maxity,

Bandra Kurla Complex, Bandra(E), Mumbai - 4000051, Maharashtra | Toll Free No: 1800 103 6001

Email: namaste@smfgindia.comwebsite: www.smfgindiacredit.com Registered Office: Megh Towers, 3rd Floor, Old No. 307, New No. 165,

CIN number: U65191TN1994PLC079235 | IRDAI COR No : CA0098 Poonamallee High Road, Maduravoyal, Chennai - 600 095, Tamil Nadu
 Sanction Letter
Please read carefully

Date: 27/07/2024
Dear GAJANAN DILIPSING RAJPUT,
Krida Sankul Road Solanke Lay Out Annasaheb Patil N, agar Buldana, , BULDHANA, Buldhana, MH, IN

We refer to your application and are pleased to advise the sanction of Facility as per following terms and conditions:

Date of Application/Renewal 27/07/2024

Lead ID 25091237

Name of the Borrower/Co-borrowers ("Borrower") GAJANAN DILIPSING RAJPUT

Nature of Facility Credit Line

Purpose of Facility Personal Use

Facility Limit 200000.0

Rate of Interest (fixed) (Per Annum on Reducing Max 35.99% per annum (The company may offer rate as mentioned in sanction
Balance Applied monthly) letter or lesser rate at the time of drawdown)

Frequency of
Tenure of the Facility (Months) 12 Monthly
repayment

Break up between Principal and Interest (Interest is

accumulated on your loan account from the day of
Total Principal : INR 200000.0 Examples of SMA As mentioned in
disbursement, hence values mentioned in the
/NPA classification Annexure A to this
corresponding table are indicative, repayment
Total Interest : INR 41092 dates Agreement
schedule with actual values will be shared
subsequent to disbursement

Amount of EMI Payable 20091.00

EMI Due date 5th of every month

Insurance Premium NA

Pre Instalment Interest will be computed from date of disbursement to the due date
of the next month as mentioned in the Loan Agreement. It will fall due on the due
date falling on the next month, however, will be charged separately on the due date
of the subsequent month following the next month along-with First EMI (For the
purpose of illustration -the loan is disbursed on 15th of October, and the due date
Pre Instalment Interest
is 4th of every month and the First instalment date is 4th December. Pre-instalment
interest in this case would be computed from 15th October till 3rd of November and
will fall due on 4th November. However, the Pre-EMI will be collected on 4th of
December, along with the first EMI). Pre-Instalment Interest is not applicable in
case of subvention/no cost EMI or subsidized interest
 Validity of the Sanction Letter 30 days from date of sanction

Fees and Charges

a) Processing Fee: Max 7.07 % of loan amount at the time of disbursal. (The
company may charge PF as mentioned in sanction letter or lesser PF at the time of
On application drawdown)

b) Agreement franking charges as per actuals

Bounce charges - Rs. 590 (once per EMI)

(Note: The Cheque/ECS/NACH dishonour Charges as referred to above are not

compensatory and/or to be construed as any form of consideration towards the act
of dishonour and in no ways should the same be construed as fees recovered
During the term of the loan under this facility. It is abundantly clarified that SMFG India Credit does not tolerate
dishonour of instruments and/or deposit of an invalid, fake or unworthy instrument
issued towards meeting payment obligations under this facility and any Charges
collected thereof are not intended to compound such acts of dishonour.
Notwithstanding any Charges collected hereof SMFG India Credit reserves its right
to invoke appropriate civil and criminal laws.)

Foreclosure Fee: 3% plus applicable taxes on Principal Outstanding

Cancellation Fee: NIL (Loan cancelled during cooling off period)

Fees
(Note: No foreclosure charges/ pre-payment penalties will be applicable on any
floating rate term loan sanctioned for purposes other than business to individual
borrowers)

Late Payment Charges in case of delayed 3% per month of overdue amount calculated on day to day basis plus
payments (in %) applicable taxes

Other Conditions No Part Prepayment is allowed in this loan.

All taxes including goods and services tax, duties and levies as per applicable law
Taxes and Levies pertaining to the transaction (including on the charges mentioned above) whether
present or in future to be borne by the Borrower.

PLEASE DO NOT PAY CASH / OTHER EQUIVALENT FORM TO ANYONE FOR THE PROCESSING OF YOUR LOAN, IF PAYMENTS MADE
TO ANY REPRESENTATIVE OF SMFG India Credit TOWARDS ANY FEE / CHARGES, PLEASE ASK FOR VALID RECEIPT.
IN CASE ANY DEMAND FOR CASH IS MADE PLEASE REFUSE AND CONTACT NEAREST SMFG India Credit BRANCH OR CALL THE
CONTACT CENTER NUMBER MENTIONED BELOW.
IF ANY VERBAL COMMUNICATION MADE TO YOU IS IN CONTRADICTION TO THE ABOVE TERMS & CONDITIONS OR IF YOU HAVE
ANY GRIEVANCE REGARDING THE CREDIT FACILITY, PLEASE CONTACT US AT 1800 103 6001 (MON-SAT 9:00 A.M. TO 7:00 P.M.
(except public holidays and fourth (4th) Saturday of the month) OR WRITE TO US AT namaste@smfgindia.com ,
SMFG India Credit Fair Practices Code web link for Grievance Redressal Mechanism - https://www.smfgindiacredit.com/policies/fair-practices-
code.aspx .
All charges mentioned above will either be payable upfront or deducted from disbursal amount.

Example for SMA and NPA in accordance with RBI

Method of calculation of Special Mention Account (SMA) and Non-Performing Asset (NPA) account, in case of default by any customer, shall be as
follows:

Few important definitions and concepts:

 SMFG India Credit shall classify any account as SMA or NPA after running day-end process.

Day-end process: At the end of every calendar day, SMFG India Credit shall run a process to determine whether an account will be treated as overdue
or not. In case of NACH/ e-NACH mandates/ standing instructions, if by the time the day-end process is run, the dues from the customer are not
received into the designated bank account of SMFG India Credit, the amount would be considered as not received and therefore will be treated as
overdue. In case of collection by cash, the date of issuance of money receipt by SMFG India Credit shall be treated as the date when the amount has
been duly received by SMFG India Credit. In case of collection by cheques, the value date shall be considered as the date when the amount has been
received by SMFG India Credit, unless the cheque is subsequently returned as dishonoured by SMFG India's Credit bank(s), in which case the
instalment/ EMI amount shall be considered as overdue at the end of day on the value date, i.e. the due date of such payment.

Special Mention Account (SMA): RBI guidelines require a lender like SMFG India Credit to immediately recognize incipient stress in borrower account
by classifying them as SMA. RBI prescribes three levels for SMA recognition, viz., SMA-0, SMA-1 and SMA-2. For definition of SMA and grading
mechanism, you may want to refer RBI circular no. DBR.No.BP.BC.45/21.04.048/2018-19 dated June 7, 2019 on ‘Prudential Framework for Resolution
of Stressed Assets'.

Illustration:

In case the due date for an account is 4th calendar day of every month (say, 4th July 2021). The SMA and NPA classification in such cases shall be as
follows:

If the EMI/ entire dues of a particular account are not received into the bank account of SMFG India Credit before the day-end process is run on
the 4th calendar day, i.e. the due date, the account shall be treated as overdue after day-end process. Accordingly, this account shall be
classified as SMA-0.
If this account remains continuously overdue even after the completion of day-end process on 30th day from the initial due date, after its
classification as SMA-0, the account shall be classified as SMA-1, immediately after running of day-end process, if the full dues are not received
before day-end process is run on the 30th day.
If the account continues to remain overdue for 60 days, it shall be classified as SMA-2 upon running day-end process on the 60th day from the
initial due date.
If the account remains continuously overdue for 90 days, it shall get classified as NPA upon running day-end process on the 90th day from the
initial due date.
Once an account is classified as NPA, it may be upgraded as ‘standard' only after the entire arrears/ overdue of interest and principal are paid
fully.

The above illustration has been further explained in the table below:

Day-end Process on DPD Scenario Classification

If full dues are not received before the day-

04.07.2021 1 SMA 0
end process

If full dues are not received before the day-

03.08.2021 31 SMA 1
end process

If full dues are not received before the day-

02.09.2021 61 SMA 2
end process

If full dues are not received before the day-

02.10.2021 91 NPA
end process

Name of the Borrower: GAJANAN DILIPSING RAJPUT

Name of Authorised Signatory (for Proprietorship, Partnership and Companies)

Signed with DeviceId: 4D641DABDF2A40EA78C5CC905E42C3FF7666022C at 27/07/2024 18:14:31

Name of the Co-Borrower:

Name of Authorised Signatory (for Proprietorship, Partnership and Companies)

----------------------------------
SMFG India Credit Company Ltd. (Formerly Fullerton India Credit
Company Ltd.)
Corporate Office: No. 101, 102 & 103, 10th floor, North Avenue, Maker Maxity,

Bandra Kurla Complex, Bandra(E), Mumbai - 4000051, Maharashtra | Toll Free No: 1800 103 6001

Email: namaste@smfgindia.comwebsite: www.smfgindiacredit.com Registered Office: Megh Towers, 3rd Floor, Old No. 307, New No. 165,

CIN number: U65191TN1994PLC079235 | IRDAI COR No : CA0098 Poonamallee High Road, Maduravoyal, Chennai - 600 095, Tamil Nadu
Terms and Conditions:
I/We acknowledge that:

These are the most important terms of the aforesaid Facility, and all other terms and conditions of the Facility shall be as specified in the Loan
Agreement.
There shall be no refund of Processing Fee paid to SMFG India Credit in any case whatsoever.
The above charges may be modified by SMFG India Credit without notice in case prescribed by any of the regulatory authorities and with due notice
or intimation in any other scenarios through any of the communication process mentioned in the Agreement
SMFG India Credit, at its sole discretion, shall be entitled to revoke this sanction upon occurrence of any of the following events:
There is any material change in the purpose(s) for which the Facility has been sanctioned.
In the sole judgment of SMFG India Credit, any material facts have been concealed and / or become subsequently known.
Any statement, declaration, undertaking or disclosure made by, or on behalf of, the Borrower/Customer in the application or otherwise is
incorrect, inaccurate, incomplete or misleading.
There is a default or a breach of the terms and conditions of this Sanction Letter, the Loan Documents or any other loan offered by SMFG
India Credit or its group company to the Borrower/Co-Borrower.
If there is any bankruptcy or insolvency proceeding filed or admitted against the Borrower/Customer.
Relevant documents are not executed by the Borrower as per SMFG India Credit's policy and format.
I/We are aware that the Sanction Letter, Loan agreement and other incidental documents executed by me/us integrate all the conditions mentioned
herein or incidental thereto, and supersede all negotiations or prior writings, except for those provisions specified herein. In the event of any conflict
between the terms, conditions and provisions of the Sanction Letter/Loan agreement/ documents executed incidental thereto with the terms
mentioned herein, then in such an event the terms, conditions and provisions mentioned in the Loan agreement shall prevail.
The sanction of the abovementioned Credit Facility and all the terms and conditions mentioned in this Sanction Letter are subject to the execution of
a Loan Agreement and other documents in writing in physical or digital form ("Loan Documents") as SMFG India Credit may specify in the
prescribed formats. This Sanction Letter intends to summarize certain basic terms of the Facility and the Loan Documents and does not reflect the
complete agreement between SMFG India Credit and the Borrower in relation to the Facility.
The Sanction Letter shall contain additional terms and conditions which may have not been set out in the Loan agreement shall be read together
with the terms and conditions specified in the Loan Agreement.
Notwithstanding the issuance of this Sanction Letter and the acceptance thereof, SMFG India Credit may decide to not disburse the entire or part of
the Facility, repudiate and rescind this Sanction Letter unilaterally without assigning any reasons.
Disclosure: As a precondition to the Credit Facility to be granted to the Borrower by the SMFG India Credit, the Borrower by accepting this Sanction
Letter authorize, consent and agree for the disclosure and sharing by the SMFG India Credit of all or any information and data relating to the
Borrower to the Reserve Bank of India ("RBI") and/or to the Credit Information Bureau (India) Ltd ("CIBIL") and/or to information utilities ("IUs") and
/or to any other agency authorized in this behalf by RBI / CIBIL, to the SMFG India Credit's professional advisers and consultants, to its affiliates/
subsidiaries and to its service providers. In case of default in the repayment of the loan/advances/facility/interest on due dates, the SMFG India
Credit and/or the RBI / CIBIL will have an unqualified right to disclose or publish the name of the Borrower and its directors / partners as defaulter in
such manner and through such medium as the bank or the Reserve Bank of India in their absolute discretion may think fit.
In the event of any change of address for communication, any change in the job/ profession of the Borrower, the same needs to be intimated by the
Borrower to SMFG India Credit, within one month.
Confidentiality: The Sanction Letter and its content are intended for the exclusive use of the Borrower and shall not be disclosed by the Borrower to
any person other than the Borrower's legal advisors for the purposes of the proposed transaction unless the prior written consent of the Lender is
obtained.
Representations and Warranties: Usual and customary for transactions of this nature, including but not limited to maintenance of existence; notices
of default, material litigation; compliance with applicable laws and decrees; payment of taxes; maintenance and insurance.

SMFG India Credit Company Ltd. (Formerly Fullerton India Credit

Company Ltd.)

Corporate Office: No. 101, 102 & 103, 10th floor, North Avenue, Maker Maxity,

Bandra Kurla Complex, Bandra(E), Mumbai - 4000051, Maharashtra | Toll Free No: 1800 103 6001

Email: namaste@smfgindia.comwebsite: www.smfgindiacredit.com Registered Office: Megh Towers, 3rd Floor, Old No. 307, New No. 165,

CIN number: U65191TN1994PLC079235 | IRDAI COR No : CA0098 Poonamallee High Road, Maduravoyal, Chennai - 600 095, Tamil Nadu