DMI FINANCE PRIVATE LIMITED
SANCTION LETTER
Date: 2025-02-03
Customer Name- Namdev Abhishek
Co-Borrower/Guarantor:- NA
Address details- S/O Vishnu Prasad Namdev,BAJARANGA WARD,Kandeli,Narsimhapur,Madhya Pradesh,India,487001
Narsimhapur Madhya Pradesh India 487001
Dear Sir/Madam,
Please refer to your loan application DMI0051390647 for a loan facility from DMI Finance Pvt Ltd. (“Lender”).
We are happy to inform you that we have sanctioned a sum of Rs. 10000/- against your application.
We are happy to provide the loan on the following broad terms.
1 Sanction /Loan Amount INR 10000
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 + GST 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)
