STERLING MOTORS AHMEDNAGAR. Sir, Ref :- Supply of One TATA ACE HT HD We have been approached by Mr VIKAS BALASAHEB NAVTHAR To Extend a loan facility of Rs 560000/-(FIVE LAKHS SIXTY THOUSAND Rs only ) we have sanctioned the same. The vehicle is / are subjected to a loan agreement between Shriram Transport Finance Co. Ltd & . Mr VIKAS BALASAHEB NAVTHAR Total Cost of the asset :- 446680/- Adv Amt :- 250000/-
Add:-Margin Money :- 196680/- (MMR NOT RECEIVED)
LESS:-DISCOUNT :- 0 NET PAY TOTAL :- 2,50000/-- _______________________________________________________
TOTAL PAYABLE TO DEALER :- 2,50000 /-
We request you to kindly arrange to deliver the vehicle and ensure that the vehicle (s) are comprehensively insured during transit/delivery and send the following documents as 1. Original Invoice duly raised as
Sold to: - Mr VIKAS BALASAHEB NAVTHAR
Under loan agreement with SHRIRAM TRANSPORT FINANCE CO. LTD.
2. Insurance policy. 3. Original RC Book. 4 Stamped receipt 5. Sale Letter 6. Duplicate key/Delivery receipt duly signed by party
We hereby inform you that the payment against the above invoice will be made subsequent to completion of documentation.