Customer Copy

Serial No. : 292018861832415444 Regd. Office - HDFC Bank Limited,

Date : 2022-01-29 HDFC Bank House, Senapati Bapat
Marg, Lower Parel (West), Mumbai
400 013.
To,
Name : Ahmed arshad hussain
Address : NOBLE INFOTECH FLAT NO 204/B 2ND FLOOR MUSTAFA TOWERS BLDNG NO 11-4-658
LAKDIKAPOOL HYDERABAD 500004

Subject : SETTLEMENT OF HDFC Bank Credit Card # xxxxxxxxxxxx8614

Alternate Account Number (AAN) 0001014550008058618

Dear Ahmed arshad hussain,

We refer to your discussion with our bank representative regarding due of Rs. 135590.25 outstanding and payable
on your subject card account .We take note of your financial constraint towards repayment of the entire dues as
mentioned above. We like to state that the bank , after favorably considering your request as an exception , hereby
agrees to settle the card account at Rs. 61007.16(Amount in words.Rs. Sixty One Thousand And Seven ) payable in
Six instalments as detailed below

Repayment Schedule

Installment Payment Date Amount

1 29-Jan-2022 10167.86
2 28-Feb-2022 10167.86
3 29-Mar-2022 10167.86
4 29-Apr-2022 10167.86
5 29-May-2022 10167.86
6 29-Jun-2022 10167.86

This settlement is being granted on your undertaking to comply with the terms stated herein without setting any
precedence and purely as an exception and is valid and effective only till Jun-2022

Please sign the copy of settlement as a token of acceptance of the aforesaid mutually agreed terms of the settlement

Received ,Accepted and Signed by _ _ _ _ _ _ _ _ _ _ _ _ _

_______
On my own will free consent and volition
Authorised Signatory

(OR)
Retail Portfolio
Management - Credit
Received ,Accepted and Signed on behalf of Card Holder _
Cards _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ in capacity of _ _ _ _ _ _ _
________________
(relationship)

Date:
Signature :

Note : In Compliance to data security standards , Card Number will be masked and Alternate Account Number
(AAN) will be provided in Settlement letter.
This is a system generated settlement letter hence digital signature stays valid

Terms and conditions:

1. Your credit card account will be treated as Settled only after realization of agreed settlement amount within agreed
tenure. However the credit card account will continue to accrue Interest & Penal charges as per Bank's existing policy till
the entire settlement instalments are paid in full. In case, CIBIL clearance is requested by you in future, the following is
payable as per case maybe:

i) If settlement is done in 1 instalment, the entire waived off amount has to be paid for a clear CIBIL status.

ii) If settlement is done in multiple instalments, interest & charges will accrue until final instalment is paid. In this case, the
waived off amount along with the interest & charges accrued during the settlement tenure, remains payable in a single
shot

2. This settlement shall supersede all the previous settlement offers made on the said credit card,

3. In the event of the repayment schedule not being adhered and any cheque is not being honoured, the settlement offer
would be rendered null and void and the entire outstanding would stand payable.

4. All the transactions incurred on the credit card subsequent to the initiation of this settlement and prior to the issuance
of the settlement letter that is not a part of this settlement letter shall be payable separately by the card holder over and
above of this settlement amount. The bank reserves its rights to demand and recover any such amount from the card
holder regardless of this settlement

5. This settlement letter may be treated as a Settlement No Dues Letter, subject to payments made as per the laid down
terms and conditions of settlement within the specified tenure.

6. Upon fulfilment of the settlement as per the terms and conditions laid down in the settlement letter, the status of your
credit card will be, updated in CIBIL or any other credit information company as " Settled or Post written off settled as the
case may be as per the guidelines laid down by Reserve Bank of India or as per the provisions of the credit information
companies regulation act as amended from time to time. Please note that 'settled' is not the same as 'regular' and will
have negative impact on your credit score.

7. In the event payment is being made through a collection agency, kindly ensure you receive due receipt for the same.
Also check the ID of the agent. Any incorrect receipt may render your payment invalid.

8. Except for the first EMI that shall be payable by any mode of payment, you are requested to kindly issue Post- dated
cheques towards the rest of the monthly EMls as detailed in the repayment schedule. No payments will be accepted by
the bank in the Settlement terms post 25th of every calendar month except the first instalment.

9.The settlement terms detailed above are in addition to and not in derogation of, the card member agreement and the
Terms & Conditions governing the usage of the HDFC bank Credit Card.

10. It is unconditionally agreed between the parties that upon fulfilment of this settlement, all litigations initiated by the
parties hereto against the other in respect of the account under this settlement before any Court/tribunal or regulator will
be withdrawn by such initiating party.

11. Please be intimated that, in case you hold Premier Banking Relationship with us, this settlement will entail withdrawal
of such Benefits accorded to your account, post 30 days of initiation of settlement without any further reference or
intimation to you. However, the services available to your Savings Bank Account/ Current account /Term Deposit would
continue.

12. In case the customer has a Jumbo loan, the same will get pre- closed immediately once the settlement is agreed
upon the primary card account.

13 .Bank issues digital receipts through an sms near realtime for payments deposited to our authorised agent . You may
verify the authenticity of the agent by scanning the QR code imprinted on their identity card .