Can Fin Homes Ltd.

,
Branch Address
CIN No. L85110KA1987PLC008699

Date:

To,
Mr. /Ms. (Borrower(s) and Co-borrower(s) Full Name and complete Address)

Sub: Your Housing/Non-Housing Loan Account no. (s) ___________________ – Rescheduling of

Payments under ‘Resolution Framework 2.0 for COVID-19 related stress’

You have availed the subject Loan(s) from Can Fin Homes Ltd., [“Company”] on the terms and
conditions as mentioned in the Loan Agreement(s), Loan Sanction Communication Letter(s) and
acceptance letter(s) executed by you.

Presently you have requested the Company to reschedule the repayment of the Pre-EMI interest/
EMI of the Loan(s) in terms of `Resolution Framework 2.0 for COVID-19 related stress’ as
introduced by RBI in light of COVID-19 Pandemic. As such, it has been permitted to reschedule
payment of Pre-EMI / EMI of your loan(s), in terms of the guidelines of the Reserve Bank of India
in the following manner:

Sl. No. Loan No. * Restructured ROI Revised Tenure Revised Installment
Amount
1.
2.
3.
4.
Sl. No. Loan No. Moratorium Step up EMI 75%
From Date To Date From Date To Date
1.
2.
3.
4.
* This may vary based on the actual outstanding amount(s) in your loan(s) as on last date of previous
month of Implementation.

Other conditions:

1. All the securities given by you, and collateral security, if any, shall continue.
2. The securities and documents executed by you in favor of the Company shall hold good and be
available for the restructured debt also.
3. All other sanction terms and conditions as stipulated in the Loan Agreement, Loan Sanction
Communication Letter & other Loan documents executed by you at the time of availing the
original and subsequent sanction of your subject loan(s) shall continue to remain unchanged.
4. This sanction shall form an integral part of the documents executed by you while availing the
said loan(s).

Signature of the Borrower and Co-borrowers Signature of Branch Manager

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 Can Fin Homes Ltd.,
Branch Address
CIN No. L85110KA1987PLC008699

5. The Company shall be entitled to charge penal interest at applicable rate as per the terms &
condition stipulated in the Loan Agreement(s) for any failure to pay the rescheduled loan.
6. Restructuring charges at 0.1% of the outstanding loan amount eligible for resolution subject to
a minimum of Rs. 1000/- and Maximum of Rs. 5000/- plus applicable GST for each loan
account shall be debited to the loan account(s).
7. After completion of the above resolution plan, EMI/Pre-EMI will be revised on account of
variation in interest rate and outstanding liability (excluding over dues if any).

Signature of Branch Manager

Acknowledgment&Acceptance

I/We have read and understood the RBI Scheme Guidelines for `Resolution Framework 2.0 for
COVID-19 related stress’ and the terms of Sanction dated ___________ and I/we hereby
undertake, agree and covenant as follows:

1. As the borrower(s), I/We are eligible for the benefits under the RBI scheme, I/we have
invoked and shall abide by the terms and conditions of the scheme for rescheduling of
payments offered by the Company.
2. I / We accept unconditionally the above referred terms of Sanction and undertake to make
the repayment as per the revised payment schedule.
3. I/We understand and agree that except for the revised payment schedule as mentioned in
the above sanction, all other terms and conditions stipulated in the loan agreement(s),
security documents(s) and loan documents executed by me/us earlier with and in favour
of the Company, shall remain unchanged and binding on us till closure of the all the
loan(s) liabilities and foreclosure or redemption of mortgage created by us in favour of the
Company. The above sanction letter and our acceptance shall form part of the loan
documents earlier executed by us with the Company.
4. I/We hereby agree to indemnify the Company for any loss or damages incurred due to
failure on my/ our part to adhere to the agreed terms and conditions of reschedulement.
5. I/We understand that Interest will continue to accrue to my loan account during the period
of deferment and this could result in increase in the amount of EMI.
6. I also authorise you to recover the stipulated installments/EMIs in future through NACH.
7. I/We undertake that:
 CIBIL and any other agency so authorized may use, process the said information and
data disclosed by the company in the manner as deemed fit by them; and
 CIBIL and any other agency so authorized may furnish for consideration, the
processed information and data disclosed or product there of prepared by them, to
Bank/Financial Institution and any other Credit Grantors or Registered Users, as may
be specified by RBI in this behalf.

Signature of the Borrower and Co-borrowers

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