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Si Creva Capital Services Pvt Ltd Welcome Letter Date: 20-Aug-22 Dear: Santosh Pawar Thank you for using Ring. You are our valued customer and we treasure the relationship that you have with ust Your Pre-Approved Ring Limit is approved by S| CREVA CAPITAL SERVICES PVT LTD, 3 RBI registered NBFC. Please find the limit details for your reference: User Reference Number IDEP6515235281731SJC Pre-Approved Limit Start Date 23-Jun-22 Pre-Approved Limit Amount 11000 Validity of Limit ‘24 months since frst drawdown date kindly refer Annexure 1 - Schedule of Pricing and charges'for details. ‘The Bill Cycle & the Due Date shall be communicated to the Borrower through the Platform, Refer to the lender's terms & condi- tions in the agreement for more details. ‘We value your relationship with us and assure you of our best service always. Best Regards Thisis a system generated letter and does not require any signature SICREVA CAPITAL SERVICES PVT LTD. Registered Office: 10/2, loor-Grd, Plot 9A/9B, New Sion CHS, Swami Vallabhdas Marg, Road No. 24, Sindhi Colony, Sion, Mumbai -400022, Maharashtra Email: care@paywithring.com |02241434302 | 02068135496 https://paywithring.com/ Borrower Agreement Please read carefully and ACCEPT to continue UWe: ‘hereby give my consent and specifically confirm thatthe online application form submitted by me to the Site salle vali effective and legally enforce- able against me though isnt electroizally signed by me. For the purpose hereof. a document shall be deemed to be"Electroicaly Signed” ifit hasbeen tencrypted/ authenticated by using an electronic method or procedure in accordance with the pravisions of the Information Technology Aet.2000 ar in any tother manner /method/ procedure / technique asis recognized / envisaged as valid method of encryption / authentication under the provisions ofthe Information Technology Act. 2000, We agree and confirm: GENERAL TERMS AND CONDITIONS OF FACILITY “These General Terms and Conditions "GC"? shal govern the general terms and conditions applicable tothe Faclity (cefined below) tobe provided to Borrower (dened below) by the Lender. a company as defined inthe Companies Act, 2013, hereinafter referred to asthe Lender’ which expression shal, unless eepugnant tothe subject, context or meaning thereat, be deemed to include its executors is successors-ininterest and any assigns and’ ‘or any finance partner(s} with whom Lender has entered into a co-lending agreement or an arrangement where the loans are reflected in Lender's own boot This creat Facility has been facilitated by our loan sourcing agent 1. DEFINITIONS (1. The terme and expressions cantained in this GC and the Loan Application Form are defined as under: 2. “Available Faclity Amount” means at any point of tine the undrawn amount of the Facility, Including any amaunt of the Facity which becomes available pursuant to any repayment or prepayment ofall or par of any previous Drawdown: “Borrower” means and refers jinty and severally tothe applicant(s) who has /have been sanctioned/granted the Facility by the Lender (as defined hereunder) based on the duly filed in Loan Application Form submitted by such applicant) to the Lender for availing of the Feaclty means and refers jolnty and severally othe applicant(s) who has /nave been sanctioned/granted the Facility by the ender based on the dul filed in Loan Application Form submitted by such applicants tothe Lender for availingof the Facility; “Platform shall refer to all website (including ll associated site links) and/or mobile based application/platform namaly "Ring" and/or ‘such other website and/or mobile based aplication/lattorm, used by the borrower to apy fr imit/ean 4, “Borrower's Dues” meansall sums payable by the Borrower to Lender including outstanding Facility, interest, allother charges, costs and expenses: & “Drandown’ shall mean each érandown of the Facility within the Availablity Period and as per the terms of the Financing Documents (asdefned hereunder} including drawdown of any amount which becomes available against the Facility, pursuant to prepayment! repayment of any earlier Drawdown; “Bil|Cycle" means the time duration between two Billing Dates) & “Due ate"in respect of any payment means the date on which any amount due from the Borrower to Lender and such date as ‘changed by the Lender from time to time upon intimation tothe Borrower through written means. “Facility” also referred tos Total Limit or valabe limit on Piatform).meansthe amount sanctioned to the Borrower as per the ‘Agreement ors displayed onthe website ots mobile apolcaion, which will be or has been made avaliable tothe extent the same's not cancelled, reduced or transferred by the Lender as per the terms of Financing Documents |. “Financing Documents’ means these GC. the Loan Applicaton. the Sanction Letter issued), including the annexures hereto and any documents executed by the Borrower or as required by Lender, as amended from time to time: |i “Loan Application’ means the application inthe prescribed form as submitted from time to time by the Borrower to Lender fr seeking Financing k. “Material Adverse Effect” means any event which in Lender's opinion would have an adverse effect on () Borrower's ability to pay the Borrower's Dues or (i recoverability of the Borrower's Dues; |. “Purpose” means the utilization ofeach Drawdown as mentioned inthe Agreement or as displayed on the website. i. on https: pay- -ithring.com or its mobile application including for purchase of any product from Vendors ‘SI CREVA CAPITAL SERVICES PVT LTD Registered Office: 10/2, Floor-Grd, Plot 9A/9B, New Sion CHS, Swami Vallabhdas Marg, Road No. 24, Sindhi Colony, Sion, Mumbai -400022, Maharashtra Email: care@paywithringcom |02241434302 | 02068135496 https://paywithring.com/ ‘m_"Product"shall mar, f applicable, a product purchased by the Borrower fom any Vendor and inline with the Purpose: 18, “Vendor” shall mean the vendors, inclucing e-commerce website a approved by Lender from time totime in respect of which fnanclng would be provided by Lender for purchase of any Products, (02. inthis Agreement, (a) the singular includes the plural (and vice versa and (reference to a gender shall include references tothe female, sale and neutral genders, DISBURSEMENT (1, Subject to the provisions of the Financing Documents the Borrower may a any time during the Availability Period, request the Lender for

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