Chola LOAN AGAINST PROPERTY

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Application No: 10081105 Dale: 22/11/2021
To:
Ponnaganti Sumedha Reddy

Dear Sir/Madam,
Sub: Sanctlon Letter for Financial Facility
Thank you for choosing Cholamandalam Investment and Flnanco Company Llmlted ("the Company") for your loan requirements. We are pleased to inform you that
with reference to the above mentioned application, we have sanctioned an in-principlo loan facility, the details of which are given below, The facility is subject to the
terms
and conditions mentioned Processing charges (Non Refundable) Administrative charges (Non Refundable) CERSAI
overleaf: Registration fees
Natne of the Applicant Ponnaganti
Name Of the co •
Sumedha Reddy
Applicant
Name of the Guarantor Loan Against Property
Type of Loan Business use
Purpose of Loan 1,20,00,000
Amount Sanctioned (In Rupees) 120
Term (In Months) 120
Number of Equated monthly installments Floating Interest rate linked to the Chola Reference Rate
Type of Interest 8.99 % (per annum)
Chola Reference Rate as on date 10.99 1.99 % of spread = 8.99% (per annum)
Applicable interest rate as on date Not exceeding 36% per annum on the amount outstanding from tho due data to the date of actual payment
Rate of additional Intorost (in %) p.a. on
delayed 44318.00
payments ACH / ECS 1 RECS 1 EFT
Amount of each EMI (In Rupees) Cheque/D,D from the Applicant / Co-applicant's Bank Account only,
Mode of Repayment tucde cf Pre If any one of the Borrower/Co•Borrower Is a non-individual, the prepaymenV foreclosure charges shall be
Payment - Part. Full & Final applicable.
Charges on Prepayment - Part, Full & Final 2% or the amount being prepaid If paid through Own Funds.
4% of the amount being prepaid If pald Vla a balance transfer of the loan to any other financier,
Part/ Full Prepayment Part/ Full Prepayment will not be allowed till 12 months from Disbursement Date.
Rs. 12000.00 1' (Incluslvo of applicable tax and cess)
1.5 % of the loan amount — Rs- 44250,00 (Inclusive of applicable tax and cess)
Address of the Property (o be Mortgaged as security Property the financial assistance Special Conditions:

DTD will be Registered, Loan repaymen! will be from N no 7101 Indomnity bond for Technical Deviations.
Rs.118/' + Applicable Tax, as may be applicable (Per Property)

for I No.208 balaji layout MS Palya Vidyaranyapura, ,Bangalore North ,Bangalore • 560097 ,Karnataka
Availment of Chola MS Property and ICICI Life Insurance,
Affidavit to be document for Applicant father name mismatch.
Applicant Spouse SPDC Chque to be Obtained.
Applicant BSV proof to be document.
This Sanction letter forms an integral part of the Loan Agreement (Agreement) and shall be read in consonance with the Agreement. In case of any discrepancies
between the terms and conditions of this Letter and the Agreement, the terms and conditions of the Agreement shall prevail.
Kindly sign and return the duplicate copy of this letter within 30 days of issue of this offer letter to the Manager at theaddress mentloned below.
Municipal No.45, (Old Nos. 45& 45/1), Second Floor, Lalbagh Road, Bangalore • 560 027.
We look forward to a long lasting relationship with you.
Thanking you,
For Cholamandalam Investment and Finance Company Limited
Authorised Signatory

i I We accept the sanction of the loan by Cholamandalam Investment and Finance Company Limited along Whh the terms & conditio
ns mentioned herein.
Applicant CoApplicant 2
NAWAB JAN SUHANA BEGUM
Cholamandalam Investment and Finance Company Ltd.
House, 2, N.S.C. Bose Road, Parrys, Chennai 600001, India. Tel: 91.44.40907170
91.44.25349464 Website: www.cholamandalam.com I CIN — L65993TN1978PLC007576 murugappa

The Company's Branch DSA Manager Shoaib AK will assist you with respect to all your requirements to the above financial facility. You can also reach the Manager at
7022948922