RBI Reg NBFC: Digital Lending

CIN: U65100CT1985PLC002706

Off: G.E.Road, Opp RKC, Adjoining Petrol Pump, Raipur-492010(CG) IN

Sunita Finlease Limited - Loan Terms and Conditions (“Agreement”)

In the event, Sunita Finlease Limited ( “Company” ) agrees to grant a loan of amount as provided in
MOST IMPORTANT LOAN TERMS (“Loan”) to undersigned Applicant (“Borrower”).

1. Borrower shall repay Loan along with interest and charges approved by the Company and provided
in MOST IMPORTANT LOAN TERMS (“Payables”) in accordance with repayment schedule provided
therein (“Repayment Schedule”).

2. Platform means the application Cashearly (hereinafter referred to as “Platform”) powered by Sunita
Finlease Ltd., which is a NBFC registered with RBI

3. Company shall disburse entire/ part of Loan from its designated bank account to Borrower’s bank
account provided in loan application form submitted through this platform (“Platform”).

4. Company is committed to fair and transparent practices and accordingly:

a. abides by Fair Practice Code;

b. ensures preventing inappropriate staff behavior;

c. strives to educate Borrower on all aspects of Loan and the Agreement;

d. allows Borrower to pre-close Loan, by paying interest and processing fee as applicable for the
complete duration of the loan taken;

e. does not resort to undue harassment in Loan recovery and/or interferes in Borrower’s affairs
(unless required for recovery of Loan);

f. Adequate grievance redressal system is set up for addressing the queries;

g. Assures that the Privacy of the Borrower shall not be compromised subject to law of land;

h. does not charge penalty on delayed payment; however, in the event of any delay on re-payment of
Loan along with Interest, an over-due charge will be levied on the principal amount payable for the
delay period as mentioned in MOST IMPORTANT LOAN TERMS.

i. Changes in interest rates and charges are affected only prospectively.

j. And / or does not collect security deposit / margin.

5. Borrower represents, warrants and undertakes that he/she:

a. completely understands the Agreement and is financially and legally capable to perform his/her
obligations;

b. information and representations provided on Platform including LAF are true and he/she will inform
the company within three days in case of any change in information;

c. shall utilize Loan only for purpose mentioned in LAF and make repayment only through Company’s

Digitally Signed by:

Name:KIRAN V
Date:Thu Mar 16 11:46:18 IST 2023
approved methods; and

d. shall fully cooperate and abide by the Terms & Conditions (T&C) laid out by the Company.

6. Subject to law, Company may:

a. withhold and/or cancel the disbursement of Loan/its instalment upon breach of Agreement and/or
law by Borrower; and/or

b. Recall Loan without assigning any reasons, upon which Payables shall be paid by Borrower within 7
days from such recall.

c. Sole right and discretion to approve or disapprove the loan application, disbursement of loans and
collection of loans without specifying any reason whatsoever to the borrower.

7. Agreement’s term shall be from Effective Date to the time entire Payables is repaid to Company,
unless terminated earlier upon occurrence of any Event of Default (“EOD”). EOD shall be deemed to
have occurred if:

a. Borrower commits a breach or fails or neglects to perform, keep or observe any of the provisions of
Agreement including failure to repay for more than 45 calendar days;

b. Any covenant, representation, warranty of Borrower under Agreement and/or LAF are found/proved
to be incomplete, false or incorrect;

c. Borrower has an insolvency notice served on him; (ii) is declared insane; (iii) convicted of any
offence; and/or

d. an event, which in Company’s opinion, impairs Borrower’s ability to repay Payables, occurs.

e. Submission of any forged document by the Borrower.

f. Any other event which in the sole opinion of the Lender would endanger the repayment of the Loan
Amount.

8. Upon occurrence of any EOD, Company may:

a. terminate Agreement; and/or

b. declare all Payables (whether due or not), immediately repayable.

9. If Borrower fails to make payments (as provided above) within 7 days thereof, Company may at its
sole discretion:

a. require Borrower to pay liquidated damages equal to all unpaid payables; and/or

b. exercise any other right or remedy available under law while giving a prior notice of same.

10. If the borrower requires additional time for repayment, the borrower can apply for extension of
loan tenure for repayment provided the borrower has already cleared the overdue charges if any
before applying for extension on the application before the due date. On approval of the request:

a. the borrower agrees to pay the applicable processing fee for the extension of loan tenure

b. a confirmation mail/sms will be sent to borrower stating the new due date

11. Borrower shall indemnify, defend and hold Company harmless from and against any loss arising
out of or in relation to breach of terms of Agreement by Borrower.

12. Agreement shall be subject to the exclusive jurisdiction of the courts of Bengaluru. Complaints of
Borrowers in relation to Agreement would be addressed in accordance with the Complain Redressal
Mechanism.

13. Borrower’s information shall be collected/used only in accordance with terms of Agreement,
privacy policy on Platform (for use of information) and applicable law.

14. Borrower understand and agrees that:

Digitally Signed by:

Name:KIRAN V
Date:Thu Mar 16 11:46:18 IST 2023
a. Company may share Borrower’s, credit history and defaults to inter-alia its affiliates, RBI and such
organizations as Company may deem fit including for the purpose of fraud checks, submission of
performance data to bureaus and self-regulatory organizations;

b. Company may call for appropriate credit report, loan history and other information with respect to
Borrower from Credit Bureaus, Statutory Bodies, Tax authorizes, Central Information Bureau,
research Merchants and such other organizations as Company may deem fit; and/or

c. Company and RBI may publish or disclose details of Borrower upon default in payment of Payables,
as they may deem fit

d. Borrower shall not hold Company liable for use of this information and/or for undertaking any such
background checks and verification.

e. Borrower has provided any false information in the loan application and/or misrepresent any facts
under this transaction, then the lender has every right to pursue criminal action under the applicable
laws, against borrower.

15. Subject to law, Company may assign / delegate any or all of its rights, powers and functions under
this Agreement to third party/ies. Borrower hereby provides his unqualified consent for the same.

16. Company may modify any terms of Agreement provided it is communicated to Borrower.

17. Any communication in relation to Agreement shall be at:

a. Borrower: address provided in LAF and/or on Platform;

b. Company: Registered Office.

18. Agreement, LAF and terms of Platform (including Borrower’s consent for use of information) shall
constitute the entire agreement between parties. If any provision of this Agreement is held invalid,
other provisions shall remain unaffected.

Name of the Lender: Sunita Finlease Limited

Date: 01/01/1970

Authorized Signatory: Rakesh Gupta

Name of the Borrower: KIRAN V

Date: 01/01/1970

Signature:

Loan Agreement

I hereby agree and provide consent to abide by the provisions of Loan Agreement (as provided
herein). I understand, agree and acknowledge that the validity and enforceability of this Loan
Agreement is contingent upon approval of my Loan Application submitted through this Platform.

I further agree and understand that in the event Loan Application is approved by Company, my
consent (provided herein) along with submission of my Loan Application Details (on this Platform)
should constitute a legally enforceable agreement between Company and I. No further action for
executing and/or concluding Loan Agreement would be required by either Company or I.

I understand that the Lender has adopted risk-based pricing, which is arrived by taking into account,
broad parameters like the customers financial and credit profile. Further, I acknowledge and confirm
that the Lender shall have the discretion to change prospectively the rate of interest and other
charges applicable to the Loan.

hereby as the borrower i authorize Sunita Finlease Limited as the lender to retrive my credit data
from credit beuru such as experian/CIBIL/equifax/CRIF etc and report my data to the relevent

Digitally Signed by:

Name:KIRAN V
Date:Thu Mar 16 11:46:18 IST 2023
authorities.

Most Important Loan Terms

1. Term : 15 days

2. Loan purpose : Personal

3. Principal Amount : ₹3000

4. Loan Start Date : 01/01/1970

5. Rate of Interest : 25-36% per annum

6. Processing Fees (incl GST) : ₹945

7. Over-Due charges : As mentioned in the Sanction Letter

8. Delayed Interest :0.1% per day after the due date of repayment

9. Late Penalty : 3.025% per day after the due date of repayment

Loan Application Form

1. Name : KIRAN V

2. Proof of Identity : PAN

3. PAN # : JAAPK6654R

4. Proof of Address : KARNATAKA

5. Phone Number : 8880501513

6. Bank Account Number : 918880501513

7. IFSC : PYTM0123456

8. Email ID : iamkiran041997@gmail.com

Name of the Borrower: KIRAN V

Date: 01/01/1970

Signature:

APPLICANT’S UNDERTAKING

Applicant hereby agrees, represents and confirms that:

1. He/she understands that submission of LAF does not confirm grant of Loan by the Company;

2. Company shall decide on grant of Loan based on merits of the application at its absolute discretion;

3. information provided in LAF is complete and accurate and he/she shall promptly inform the
Company in case of any change;

4. He/she has understood each and every term of Loan and is financially and legally eligible to avail
Loan; Loan Amount shall be disbursed to the bank account, the details of which are furnished by the
applicant;

5. Company shall have the right to exchange and share all of the Applicant’s loan information
including credit history and defaults to affiliate organizations of inter alia Company, the Reserve Bank
of India, Banks, Financial Institutions, Credit Bureaus, Statutory Bodies, Tax authorizes, Central
Information Bureau, Research Merchants and such other organizations as Company may deem fit.
Applicant shall not hold Company liable for use of this information;

Digitally Signed by:

Name:KIRAN V
Date:Thu Mar 16 11:46:18 IST 2023
6. The applicant shall be solely, absolutely and unconditionally liable for the repayment of all Amounts
Due, from time to time, which includes the extension request/provision for repayment, and shall make
such payment notwithstanding any remainder, demand, notice sent or issued by Sunita Finlease
Limited or Service Provider in this regard;

7. The applicant shall not, under any circumstances, withhold the payment of monies to Sunita
Finlease Limited under these T&Cs; and have no objection in relation to any updates, messages or any
other form of communication which the applicant may receive, from time to time, on the registered
mobile number or email Id from Sunita Finlease Limited or the Service Provider.

8. The applicant shall not have the right to assign, sell, transfer in any manner the rights and
obligations under this T&Cs to any other person without the prior approval of Sunita Finlease Limited
or Service Provider;

9. Company reserves the right to reject the LAF and retain the form along with the photograph of
Applicant;

10. Applicant has not availed of a credit facility from any other other than the one expressly
mentioned by it in the LAF;

11. He/she will provide Company with any additional documents and do such deeds as is required by
the Company pursuant to submitting this LAF.

I UNDERTAKE THAT I HAVE READ AND UNDERSTOOD PROVISIONS OF LAF INCLUDING

DECLERATIONS, T&C AND UNDERTKAINGS MADE HEREIN AND I AGREE TO ABIDE BY THEM.

Name of the Borrower: KIRAN V

Date: 01/01/1970

Signature:

Key Fact Statement

1.Loan amount : 3000

2.Loan term : 15 days

3.Interset type(fixed or floating) : Fixed

4.Interest chargeable

(1)In case of Floating Rate Loans : 0.08% (BASE RATE+0.02%)

(2)In case of Fixed Rate Loans : 0.1 %/day

5.Date of reset of interest : 01/01/1970

6.Mode of communication of changes in interset rates : E-mail notification

7.Fee payable

(1)On application (Pl individually specify all type of fee) : 0

(2)During the term of the loan (Pl individually specify all type of fee) :

(a)Service charge : 945 (including tax)

(b) Interest : 45

Digitally Signed by:

Name:KIRAN V
Date:Thu Mar 16 11:46:18 IST 2023
 (3)On foreclosure (PI individually specify all type of fee) : 0

(4)Fee refundable if loan not (sanctioned/disbursed) : 0

(5)Conversion charges for switching from floating to fixed interest and vice-versa : 0

(6)Penalty for delayed payments :

(a)Delayed Interest : 0.1%/day

(b)Late Penalty : 3.025%/day

8.EMI payable : 1 structured installments.

9.Details of security/collateral obtained : None

10.Date on which annual outstanding balance statement will be issued : it will available for customer
to download the statement from notification email on real time basis

Digitally Signed by:

Name:KIRAN V
Date:Thu Mar 16 11:46:18 IST 2023