PERSONAL LOAN

FACILITY
Prospect No. SL4777028
Borrower Name VICKY SWAIN
Sanction Amount ₹200000.00
Rate of Interest 27.75% Per Annum
Tenure 36 Months
Branch / City Betul

www.iifl.com version 01/2023

 APPLICATION FORM
For Office Use Only CKYC No.:

Date of Application: 20 May 2023 Prospect No. / Loan SL4777028 Tenure (Months): 36
ID:

Loan Amount ( ₹ ): 200000.00 Purpose: Family function

Application Type: New Updated

Account Type Normal Minor Aadhar based OTP E-KYC (in non-face to face mode)

(Please fill the form in BLOCK Letters. Any CANCELLATIONS to be counter SIGNED)

BORROWER DETAILS

Full Name of Borrower VICKY SWAIN

Father"s Name/ Mother"s / Spouse Vinod Swain

Name:

Date of Birth 21 Dec 1999 Gender: Male

Marital Status: Unmarried Citizenship: Indian

Residential Status: Resident Individual Non Resident India Foreign National Person of Indian Origin

Occupation type: Service: (Private Sector/ Public Sector / Govt. Sector)

Others: (Professional / Self Employed / Retired / Housewife/Student) Business Not categorized

Address as per proof of address / proof of identity

Permanent Residence Address: Housing board Colony, Plot, N. 185 Station road, Betul, Madhya Pradesh 460001

Current Residence Address: Housing board Colony, Plot, N. 185 Station road, Betul, Madhya Pradesh 460001

Mobile No: 9340361058 E-Mail Address: vickyswain129@gmail.com

PAN: JRRPS1855N Proof of Address: AADHAAR

Proof of Identity

DETAILS OF THE ACCOUNT FOR DISBURSEMENT

Name of Bank: State Bank of India

Account Holder Name: MR VICKY SWAIN

Account Number:: 00000040395331422

Account Type: savings

IFSC Code: SBIN0003957

Nature of Facility Personal Loan

Loan Amount 200000.00

Tenure (Month) 36

Rate of Interest (p.a.) 27.75%

Due date (Repayment Frequency/ Start Date) 3 Jul 2023

Mode of Payment NACH

Processing Fees + GST (non-refundable) 10030

Insurance Amount Incl. GST (in Rupees) 4442.23

SCHEDULE OF CHARGES

Cheque / ACH Return Charges ₹500/ + GST per instance

Penal/Default Interest/ Duplicate Amortization 24% p.a.

Cooling off/look-up period during which borrower shall not be charged any 7 days
penalty on prepayment of loan
 Loan Tenure <=6 <=12 <=24 >24

0-6 7% 7% - Allowed after 3 months. 7% - Allowed after 6 months. 7% - Allowed after 12 months.
FCL not allowed prior 3 months FCL not allowed prior 6 months FCL not allowed prior 12
months
Foreclosure/Prepayment
Charges (Excluding
7-12 6% 6% 6%
GST)
13-18 NA 5% 5%

19-24 NA 3% 3%

>24 NA NA 2%
DOCUMENTS CHECKLIST

You will need to submit the following documents for availing of a credit facility::
Proof of Identity- PAN Card
Proof of Address- (ANY ONE of these): Aadhaar, Voter"s ID, Passport, Driver"s License
Last 06 months bank statement of main operative account
Signed copy of Standard Terms (Term Loan Facility)
For list of acceptable documents kindly refer to KYC Documentation policy available on our website www.iifl.com
Additional document(s) as may be required for credit assessment

KEY LOAN FEATURES

Speedy approval
No collateral security required
Minimal paperwork
For Scheme Features and Policies, visit www.iifl.com
Rate of interest based on credit evaluation process. Applicable charges as per prevalent IIFL policy.

ROI Based on credit evaluation process

At IIFL we have adopted risk based pricing, which is arrived by taking into account, broad parameters like the customers financial and credit profile. Applicable
interest rates are arrived at taking into account the prevailing market rates at the time of sanctioning. Accordingly, the rate of interest may change from time to
time as may be intimated by IIFL. For fair practice code, scheme details, interest rate policy, etc. visit our website www.iifl.com

DECLARATION

The Borrower(s) confirm having read and understood terms of the Application Form which would apply to the Facility being requested under this Application Form.

The Borrower(s) understand that sanction of the Facility and any disbursement there under is at the sole discretion of India IIFL Finance Limited (IIFL) (Formerly known
as “IIFL Holdings Limited”) which reserves its right to reject the Application (with or without notice to the Borrower), and that IIFL shall not be responsible/liable in any
manner whatsoever for such rejection or any delay in notifying me of such rejection. The Borrower(s) understand and agree that IIFL reserve the rights to retain the
photographs and documents submitted with this application. The Borrower(s) undertake to promptly inform IIFL about any change in any of the information furnished.
The Borrower(s) further undertake to provide any further information/ documents that IIFL and/or its authorised service providers may require.

In case there are more than one Borrower(s), each Borrower(s) agrees and undertakes that each of the Borrower(s) shall be jointly and severally be liable to make
payments under the Loan.

The Borrower(s) represent that each Borrower, its directors/partners (if any) has not been declared insolvent nor have any insolvency/ bankruptcy proceeding been
initiated against them. Borrower(s) represent that information furnished in this application is true and correct. Borrower(s) represent that none of the applicants have
defaulted on any loan repayments with any of its creditors. Notwithstanding any changes in the rate of interest pursuant to regulatory requirements of RBI, all other
changes in rate of interest shall be subject to mutual consent of IIFL and Borrower.

The Borrower(s) have no objection to IIFL and/ or its group companies and/ or its agents providing me/us information on various products, offers and services provided
by IIFL and/ or its group companies through any mode (including telephone calls, SMSs/ emails, letters etc.) and authorize IIFL and/ or its group companies and/ or its
agents for the above purpose. The Borrower(s) confirm that laws in relation to the unsolicited communication referred in "National Do Not Call Registry" as laid down
by "TELECOM REGULATORY AUTHORITY OF INDIA" will not be applicable for such information/ communication to the Borrower.

Borrower(s) agrees and accept that IIFL may in its sole discretion, by itself or through authorised persons, advocate, agencies, bureau, etc. verify any information given,
check credit references, employment details and obtain credit reports to determine creditworthiness from time to time.

Borrower(s) acknowledges the consent given by the Borrower and such third parties (as required) to IIFL to obtain Borrower"s KYC and credit related
information/documents from third parties including Unique Identification Authority of India, Credit Information Bureau of India Ltd and other entities and also further
consents that IIFL may, by its self or through authorized persons, verify any information given, check credit references, employment details and obtain KYC related
documents or credit reports to determine genuineness of the Borrower and/or creditworthiness from time to time. The Borrower further acknowledges the consent to
Unique Identification Authority of India or such any other such third party consenting to sharing of information with respect to the Borrower with IIFL.

Borrower(s) have no objection to IIFL or any of its subsidiaries exchanging and sharing information with its affiliates, regulatory bodies, government and credit agencies
and other such authority as may be required.
 UNDERTAKING

I/We have applied for loan facility with IIFL. The application will be appraised and processed as per the internal policy of IIFL. The application may be rejected
in case I/we failed to comply with the internal policy of IIFL. IIFL has appraised me/us about the scheme in details including eligibility criteria, documentation,
etc.

In submitting the above application, I/We the undersigned, solemnly affirm that the details of loan terms / conditions inclusive of all charges have been read by
me / us in full / read out to me / us (in vernacular) is understood and do hereby accept by me / us by signing this Application physically and/or electronically
(through accessing the link and/or vide OTP confirmation, Electronic and Digital Signatures, Aadhaar authentication and such other and further means as it was
available and known to me/us by using my/our registered E-mail ID and the mobile number).

ACKNOWLEDGEMENT

This is to acknowledge the receipt of the above Loan Application Form. It is our endeavour to process the Loan Application within 30 days after considering all
the parameters deemed fit by us. This is however subject to furnishing of all the necessary documents by the Borrower as required by IIFL.

This is a computer- generated document

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09

FOR OFFICE USE ONLY Risk Categorization: Low Medium High

IIFL Finance Limited (IIFL) (Formerly known as "IIFL Holdings Limited")

CIN: L67100MH1995PLC093797 / RBI CoR No. N -13.02386
Regd. Office: IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle Estate, Thane - 400 604 • Tel: (91-22) 4103 5000 • Fax: (91-22)
2580 6654
Corporate Office: 802, 8 Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai - 400 069 • Tel: (91-22) 6788 1000 • Fax: (91-22) 6788 1010
 Key Fact Statement/Sanction Letter
To,
VICKY SWAIN
(collectively the “Borrower”)
1. We are, at your request, agreeable to extend to you the below mentioned credit facilities, subject to the terms and conditions set out hereunder.
2. The Borrower(s) understands that the Lender has adopted risk based pricing, which is arrived by taking into account, broad parameters like the customer"s financial
and credit profile. Notwithstanding any changes in the rate of interest pursuant to regulatory requirements of RBI, all other changes in rate of interest shall be
subject to mutual consent of IIFL and Borrower.
3. The Borrower(s) understands that all payment receipts are provided electronically only. However, if physical payment confirmation is required, please obtain the
same from our branch on paying nominal charges.
The following summary of terms and conditions provides indicative terms and conditions for the transaction contemplated herein. This Key
Fact Statement (KFS) is not meant to be, nor should it be construed as a commitment by IIFL for the transaction. The closing of any financial
transaction would be subject to various conditions precedent and internal approvals. This KFS contains a statement of present intention on
the part of the parties and it is not intended to create a legal, binding obligation until the specific documentation has been duly executed and
delivered.

Date Lender"s Name: IIFL Finance Limited Applicant Name: VICKY SWAIN

S.no Parameter Details

(i) Loan amount (amount disbursed/to be disbursed to the borrower) (in Rupees) 200000.00

(ii) Total interest charge during the entire tenure of the loan (in Rupees) 96840.99

(iii) Other up-front charges (break-up of each component to be given below) (in 16601.23
Rupees)

a) Processing Fees Incl. GST (in Rupees) 10030

b) Insurance charges Incl. GST (in Rupees) 4442.23

c) *Pre EMI 2129

(iv) Net disbursed amount ((i)-(iii)) (in Rupees) 183398.77

(v) Total amount to be paid by the borrower (sum of (i), (ii) and (iii)) (in Rupees) 313442.22 #

(vi) Rate of interest (P.A) 27.75%

(vii) Annual Percentage Rate - Effective annualized interest rate (in percentage) 34.51
(computed on net disbursed amount using IRR approach and reducing balance
method)

(viii) Tenor of the Loan (in months/days) 36 months

(ix) Repayment frequency by the borrower Monthly

(x) Number of instalments of repayment 36

(xi) Amount of each instalment of repayment (in Rupees) 8246

Details about Contingent Charges

(xii) Rate of annualized penal charges in case of delayed payments (if any) 24% p.a

(xiii) NACH/e-mandate bounce/duplicate no dues certificate/swapping charges 500.00

(xiv) Foreclosure Charges Refer Table Below

Other disclosure

(xv) Cooling off/look-up period during which borrower shall not be charged any 7 days
penalty on prepayment of loan

(xvi) Purpose of loan Family function

(xvii) Details of Lending Service Provider/Entity acting as recovery agent and IIFL Finance Limited
authorized to approach the borrower

(xviii) Name, designation, address and phone number of nodal grievance redressal
officer designated specifically to deal with FinTech/ digital lending related
complaints/ issues
Designation - Nodal Officer
Address: IIFL Finance Limited, IIFL House, Sun Infotech Park, Road No.16V, Plat
No. B-23, Thane Industrial Estate Area, Wagle Estate, Thane - 400 604
Contact No: +91 22 4520 5810 / +91 22 6817 8410
Email ID: nodalofficer@iifl.com
Grievance redressal-https://www.iifl.com/nbfc/grievance-redressal-procedure

*May vary subject solely to any change in the disbursement date.

#
The difference in repayment amount calculated from the total of EMI Amount given under the detailed repayment schedule (Annexure I below) (excluding other up-
front charges) vis-à-vis the amount mentioned under (v) is due to rounding off the EMI Amount under the detailed repayment schedule.

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09
 Loan Tenure <=6 <=12 <=24 >24
(months)

0-6 7% 7% - Allowed after 3 months. 7% - Allowed after 6 months. 7% - Allowed after 12 months.
FCL not allowed prior 3 months FCL not allowed prior 6 months FCL not allowed prior 12
Foreclosure/Prepayment months
Charges (Excluding
GST)
7-12 6% 6% 6%

13-18 NA 5% 5%

19-24 NA 3% 3%

>24 NA NA 2%

Cheque / ACH Return ₹500/ + GST per instance

Charges

ROI Based on credit evaluation process

At IIFL we have adopted risk based pricing, which is arrived by taking into account, broad parameters like the customers financial and credit profile. Applicable
interest rates are arrived at taking into account the prevailing market rates at the time of sanctioning. Accordingly, the rate of interest may change from time to
time as may be intimated by IIFL. For fair practice code, scheme details, interest rate policy, etc. visit our website www.iifl.com
 ANNEXURE - I

S No. Date Opening Principal EMI Amount Interest Amount Principal Amount Closing Principal
₹ ₹ ₹ ₹ Amount
₹

1 3 Jul 2023 ₹ 200000.00 ₹ 8246.00 ₹ 4625.00 ₹ 3621.00 ₹ 196379.00

2 3 Aug 2023 ₹ 196379.00 ₹ 8246.00 ₹ 4541.26 ₹ 3704.74 ₹ 192674.26

3 3 Sep 2023 ₹ 192674.26 ₹ 8246.00 ₹ 4455.59 ₹ 3790.41 ₹ 188883.86

4 3 Oct 2023 ₹ 188883.86 ₹ 8246.00 ₹ 4367.94 ₹ 3878.06 ₹ 185005.80

5 3 Nov 2023 ₹ 185005.80 ₹ 8246.00 ₹ 4278.26 ₹ 3967.74 ₹ 181038.05

6 3 Dec 2023 ₹ 181038.05 ₹ 8246.00 ₹ 4186.51 ₹ 4059.49 ₹ 176978.56

7 3 Jan 2024 ₹ 176978.56 ₹ 8246.00 ₹ 4092.63 ₹ 4153.37 ₹ 172825.19

8 3 Feb 2024 ₹ 172825.19 ₹ 8246.00 ₹ 3996.58 ₹ 4249.42 ₹ 168575.77

9 3 Mar 2024 ₹ 168575.77 ₹ 8246.00 ₹ 3898.31 ₹ 4347.69 ₹ 164228.09

10 3 Apr 2024 ₹ 164228.09 ₹ 8246.00 ₹ 3797.77 ₹ 4448.23 ₹ 159779.86

11 3 May 2024 ₹ 159779.86 ₹ 8246.00 ₹ 3694.91 ₹ 4551.09 ₹ 155228.77

12 3 Jun 2024 ₹ 155228.77 ₹ 8246.00 ₹ 3589.67 ₹ 4656.33 ₹ 150572.44

13 3 Jul 2024 ₹ 150572.44 ₹ 8246.00 ₹ 3481.99 ₹ 4764.01 ₹ 145808.42

14 3 Aug 2024 ₹ 145808.42 ₹ 8246.00 ₹ 3371.82 ₹ 4874.18 ₹ 140934.24

15 3 Sep 2024 ₹ 140934.24 ₹ 8246.00 ₹ 3259.10 ₹ 4986.90 ₹ 135947.35

16 3 Oct 2024 ₹ 135947.35 ₹ 8246.00 ₹ 3143.78 ₹ 5102.22 ₹ 130845.13

17 3 Nov 2024 ₹ 130845.13 ₹ 8246.00 ₹ 3025.79 ₹ 5220.21 ₹ 125624.92

18 3 Dec 2024 ₹ 125624.92 ₹ 8246.00 ₹ 2905.08 ₹ 5340.92 ₹ 120284.00

19 3 Jan 2025 ₹ 120284.00 ₹ 8246.00 ₹ 2781.57 ₹ 5464.43 ₹ 114819.57

20 3 Feb 2025 ₹ 114819.57 ₹ 8246.00 ₹ 2655.20 ₹ 5590.80 ₹ 109228.77

21 3 Mar 2025 ₹ 109228.77 ₹ 8246.00 ₹ 2525.92 ₹ 5720.08 ₹ 103508.68

22 3 Apr 2025 ₹ 103508.68 ₹ 8246.00 ₹ 2393.64 ₹ 5852.36 ₹ 97656.32

23 3 May 2025 ₹ 97656.32 ₹ 8246.00 ₹ 2258.30 ₹ 5987.70 ₹ 91668.63

24 3 Jun 2025 ₹ 91668.63 ₹ 8246.00 ₹ 2119.84 ₹ 6126.16 ₹ 85542.46

25 3 Jul 2025 ₹ 85542.46 ₹ 8246.00 ₹ 1978.17 ₹ 6267.83 ₹ 79274.63

26 3 Aug 2025 ₹ 79274.63 ₹ 8246.00 ₹ 1833.23 ₹ 6412.77 ₹ 72861.86

27 3 Sep 2025 ₹ 72861.86 ₹ 8246.00 ₹ 1684.93 ₹ 6561.07 ₹ 66300.79

28 3 Oct 2025 ₹ 66300.79 ₹ 8246.00 ₹ 1533.21 ₹ 6712.79 ₹ 59587.99

29 3 Nov 2025 ₹ 59587.99 ₹ 8246.00 ₹ 1377.97 ₹ 6868.03 ₹ 52719.97

30 3 Dec 2025 ₹ 52719.97 ₹ 8246.00 ₹ 1219.15 ₹ 7026.85 ₹ 45693.12

31 3 Jan 2026 ₹ 45693.12 ₹ 8246.00 ₹ 1056.65 ₹ 7189.35 ₹ 38503.77

32 3 Feb 2026 ₹ 38503.77 ₹ 8246.00 ₹ 890.40 ₹ 7355.60 ₹ 31148.17

33 3 Mar 2026 ₹ 31148.17 ₹ 8246.00 ₹ 720.30 ₹ 7525.70 ₹ 23622.47

34 3 Apr 2026 ₹ 23622.47 ₹ 8246.00 ₹ 546.27 ₹ 7699.73 ₹ 15922.74

35 3 May 2026 ₹ 15922.74 ₹ 8246.00 ₹ 368.21 ₹ 7877.79 ₹ 8044.95

36 3 Jun 2026 ₹ 8044.95 ₹ 8231.00 ₹ 186.04 ₹ 8044.95 ₹ 0.00

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09
 Loan Terms And Conditions
The person(s) named in the Key Fact Statement hereto (hereinafter referred to as the "Schedule" ) being borrowers and co- borrowers,
hereinafter which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include his/her heirs,
administrators and executors.

In favour of:  
IIFL Finance Limited (IIFL) (Formerly known as “ IIFL Holdings Limited ”), a Finance company incorporated under the provisions of the
Companies Act, 1956 having its Regd .  Office: IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, Thane Industrial Area, Wagle
Estate, Thane - 400 604 • Corporate Office: 802, 8 th  Floor, Hub Town Solaris, N.S. Phadke Marg, Vijay Nagar, Andheri East, Mumbai - 400
069 and a branch office at the place mentioned in the Schedule hereto (hereinafter referred to as the "IIFL"  which expression shall, unless
it be repugnant to the context or meaning thereof, be deemed to mean and include its successors, transferees and assign.

In case of there being more than one Borrowers (i.e. there being coborrowers), the reference to the term "Borrower"  shall be deemed to be
as if it were plural and this document shall be read accordingly as if made and liabilities undertaken by each of then) jointly and severally.

Reference to the masculine gender includes reference to the feminine and neuter genders and vice versa.
PLEASE READ THE FOLLOWING LOAN TERMS AND CONDITIONS CAREFULLY. IT CONTAINS VERY IMPORTANT INFORMATION
ABOUT YOUR RIGHTS AND OBLIGATIONS AS WELL AS LIMITATIONS AND EXCLUSIONS THAT MAY APPLY TO THE BORROWER. THIS
DOCUMENT CONTAINS A MANDATORY DISPUTE RESOLUTION CLAUSE.

BY ELECTRONICALLY EXECUTING AT THE END OF THE LOAN TERMS AND CONDITIONS, THE BORROWER HEREBY AGREES AND
ACKNOWLEDGES THAT YOU/BORROWER:
(I) IS AT LEAST 18 YEARS OF AGE,
(II) CAN UNDERSTAND, READ AND WRITE IN THE ENGLISH LANGUAGE,
(III) HAS READ AND UNDERSTOOD THE LOAN TERMS AND CONDITIONS IN RELATION TO THE LOAN AND
(IV) THE BORROWER AGREES TO BE BOUND BY SUCH LOAN TERMS AND CONDITIONS CONTAINED HEREIN BELOW IN RELATION
TO THE LOAN.

The Borrower hereby irrevocably and unconditionally agrees to abide by the following agreement:

Application & Disbursement:

1. Pursuant to the application made by the Borrower in the Loan Application Form ("Application"), IIFL has sanctioned the non-revolving loan not exceeding the
amount mentioned in the Schedule hereto (hereinafter referred to as "Loan"), and the Borrower agrees to borrow the same, subject to and upon the agreement
contained in the Application and/or this document. IIFL may disburse the Loan or any part thereof ( "Disbursement" ) at its own discretion. Notwithstanding
anything contained herein: (i) IIFL may at its sole discretion, suspend or cancel the Loan if the same is not utilized within 45 days of the issuance of
instrument/instruction for Disbursement; or (ii) the Borrower may cancel the Loan within the Cooling-off Period. The Borrower shall use the Loan only for the
purpose stated in the Application and not for any other purpose including making investment in the capital market or any speculative or illegal or anti-social purpose
and restricted by RBI from time to time.
Repayment:
2. The Loan, interest, compound interest, default interest, margin dues, monies payable, costs and expenses reimbursable, and any other charges, as maybe specified
herein or communicated as per the terms of the Transaction Documents, as maybe outstanding from time to time and whether any of them are due or not, are
hereinafter collectively referred to as "Outstanding Balance". The Borrower shall pay interest on the Loan, the unpaid due interest and all other outstanding charges
and monies, at the rate of interest specified in the Schedule hereto, on the outstanding daily balance from the date of Disbursement, compoundable at monthly
rests. The Borrower shall also pay and bear all interest tax, if any, as applicable from time to time. The Borrower(s) shall repay the Loan and pay the interest that is
due from time to time by way of Equated Monthly Installments (EMIs) as specified in the Schedule or as may be specified by IIFL from time to time (time being the
essence of the contract). The Borrower has perused, understood and agreed to IIFL"s method of calculating EMIs as also the appropriation thereof into principal and
interest. The payment of all the monies by the Borrower including EMIs shall be made on or before the respective due dates, at such place as IIFL may require,
without any set-off or counterclaim or withholding or deduction (save as required by law in which case the amount payable by the Borrower to IIFL shall be
increased to the amount of such deduction or withholding making it equal the original due amount as if no withholding or deduction were required), by way of one
or more modes and instruments including post-dated cheques ("PDCs"), Electronic Clearing System ("ECS"), National Automated Clearing House ("NACH")
instructions/ other mode/ instrument ("Payment Instrument(s)") , as acceptable to IIFL from time to time. If any due date falls on a non-business day of IIFL, the
payment shall be made by the Borrower on the immediately preceding business day of IIFL. In case of cheques/ other instrument,the payment shall be deemed to
have been made by the Borrower only at the point of time the sum is credited and realized fully in IIFL"s account irrespective of the date of instrument or time of
receipt or presentation of instrument. In case of any default, the Borrower shall without prejudice to IIFL"s other rights and remedies, pay additional /default
interest at the rate mentioned in the Schedule hereto/ Application or as may be prescribed by IIFL, over and above the then applicable rate of interest till full
payment is made/default is cured. This liability shall not act as justification for any default.
3. The Borrower(s) shall pay to IIFL, the charges, fees, commissions, etc, specified in the Schedule hereto/ Application(subject to such amendment, if any, from time to
time),within such time or upon occurrence of such events as specified and if not specified then forthwith upon demanded by IIFL. All other present and future costs
and expenses, taxes (as applicable from time to time), any related levy, stamp duty, in all jurisdictions, in relation to the this/other documents/any transaction
pursuant thereto, irrespective of who the beneficiary is, shall be borne and payable solely by the Borrower, including for creation, enforcement, preservation of
security, recovery, initiating/defending/pursuing any legal proceedings/ actions by IIFL. In case of any such sums if paid or incurred by IIFL, the Borrower shall be
liable to reimburse the same to IIFL in full forthwith.
4. The Borrower confirms and agrees that they have understood the contents of the Transaction Documents and, on request, have been read to and explained in
vernacular language.
5. IIFL shall share the copy of the documents executed digitally between the IIFL and Borrower including Application form, Standard Terms and Conditions, Sanction-
cum-Key Fact Statement, etc. to the Borrower"s registered/verified email address/SMS to the registered mobile number of the Borrower.
6. Any payments made by/on behalf/for the Borrower or any realisations in relation to the Loan, security shall be appropriated towards the Outstanding Balance
and/or Liabilities (as defined hereinafter) in the following order: (a) Firstly, towards principal amount(s); (b) Secondly, towards interest; (c) Thirdly, towards
additional/default interest and (d) Fourthly, towards cost, expenses, charges, commissions, fees, taxes and levies (wherever applicable) incurred by IIFL. Any
statement of account furnished by IIFL shall be accepted by and be binding on the Borrower(s) and shall be conclusive proof of the correctness of the amounts
mentioned therein except for any manifest error therein. Notwithstanding any of the provisions of the Indian Contract Act, 1872 or any other applicable law or
anything contained in this Section, IIFL may, at their absolute discretion, appropriate any payments made by the Borrower in any manner and/or appropriate the
same towards any other dues payable by the Borrower under any other arrangements entered into between the Borrower and IIFL and or its associates.
Notwithstanding anything stated in any document, the continuation of the Loan shall be at sole and absolute discretion of IIFL and IIFL may at any time in its sole
discretion and without assigning any reason call upon the Borrower to pay the Outstanding Balance and upon such demand by IIFL, the Borrower shall, within 48
hours of being so called upon, pay the whole of the Outstanding Balance to IIFL without any delay or demur. Pursuant to the Reserve Bank of India vide their
Notification on "Prudential norms on Income Recognition, Asset Classification and Provisioning pertaining to Advances - Clarifications" dated 12th November 2021
you/ the Borrower shall note the following loan classification structure:
CLASSIFICATION DPD BUCKET EXAMPLE
RANGE

Standard

SMA – 0 Upto 30 days If due date of a loan amount is March 31, 2021 and full dues are not received before the day-end process for this
date, the date of overdue shall be March 31, 2021. It shall get tagged as SMA – 0 on March 31, 2021

SMA – 1 More than 30 Continuing from above, if the account continues to remain overdue, then it shall get tagged as SMA – 1 upon
days & Upto 60 running day-end process on April 30, 2021 i.e. upon completion of 30 days of being continuously overdue
days

SMA – 2 More than 60 Continuing from above, if the account continues to remain overdue, it shall get tagged as SMA – 2 upon running
days & Upto 90 day-end process on May 30, 2021 i.e. upon completion of 60 days of being continuously overdue
days

Non-Performing More than 90 Continuing from the above, if it continues to remain overdue further, it shall get classified as NPA upon running day-
Asset (NPA) days end process on June 29, 2021. Once an account becomes NPA, i.e. remains continue overdue amount* and its DPD
becomes 0. Any partial payments made will not change the NPA status.

*Overdue amount means EMI Amount (Principal + Interest)

Prepayment
7. Subject to the cooling off period specified under the Schedule/ Sanction Letter, the Borrower shall be entitled to prepay the Loan in part or in full : (i) only if IIFL
permits the same upon at least 15 days written notice from Borrower communicating intention to prepay in part or full at IIFL"s lending branch; and (ii) subject to
such conditions as IIFL may prescribe including payment of the prepayment charges for part or full prepayment as mentioned in the Schedule hereto/ Application or
as specified from time to time by IIFL. Full prepayment shall take effect only when entire Outstanding Balance has been paid to and realized by IIFL. The Prepayment
charges are clearly defined in the Schedule of Charges.
Insurance:
8. IIFL may at its own discretion and upon Borrower"s request, also finance the Borrower for the insurance premium of insurance policy taken by Borrower as per
Borrower"s own wish from any insurance company of Borrower"s choice, which sum(s) shall be added to the principal amount under the Loan and all the terms and
conditions shall be additionally applicable thereto All expenses, charges, fees, taxes etc as applicable on any such insurance shall be incurred and paid by the
Borrower, however in case paid by IIFL on Borrower"s behalf, behalf, the Borrower shall reimburse the same to IIFL within 24 hours of IIFL"s demand. The Borrower
shall instruct the insurance company to add IIFL as loss payee in any such insurance policy.
Security:
9. The Borrower shall furnish and create such security from time to time in favour of or for the benefit of the, IIFL, of such value, in such form and in such manner, as
may be deemed fit by IIFL, forthwith upon so required by IIFL. IIFL shall also have the right to stipulated to any other and further terms and conditions that it may
deem fit at any time prior to or after the grant of the Loan, which shall be binding on the Borrower.
Borrower"s Representations and Warranties:
10. Each of the Borrowers represent(s) and warrant(s) that (which shall be deemed to have been repeated to IIFL on the date of the Disbursement and on each date
thereafter till entire repayment, to the satisfaction of IIFL):
a. The Borrower is a citizen of India and a major (in terms of age) and is of sound mind and is competent to contract and enter into and perform his/her obligations
contemplated under this document/ other document/in respect of the Loan;
b. There is no impediment or restriction, whether under law, judgement, order, award, contract or otherwise, for any of the Borrowers entering into and/or
performing any of the transactions contemplated by this/other documents/ in respect of the Loan and all approvals and consents, wherever necessary have
been duly obtained and are and will continue to be in full force;
c. The execution hereof constitutes legal, valid and binding obligations of the Borrower.
d. That there is no Event of Default existing;
e. All declarations made by Borrower are true and complete and no material information has been suppressed / withheld.
f. The Borrower shall give Payment Instrument (s) for the complete repayment of the Loan being fully aware of the fact that dishonor of any Payment Instrument is
a criminal offence under the Negotiable Instruments Act, 1881/The Payment and Settlements Act, 2007 (as may be applicable). No notice reminder or intimation
will be given regarding the presentation of the Payment Instruction(s) by IIFL. Such Payment Instrument shall be drawn from such bank and such location as
agreed to by IIFL.
g. The Borrower shall at all times abide by the laws in India, and in particular, provisions of the Prevention of Money Laundering Act, 2002.
h. The Borrower hereby covenants that (i) it shall observe and perform all its obligations under the Loan Terms and Conditions and transaction documents; (ii)
immediately deliver to IIFL all documents/information, including bank account statements as may be required by IIFL from time to time. The Borrower also
authorizes IIFL to communicate independently with Borrower"s bank and / or employer and/or debtors and/or creditors of Borrower. (iii) immediately notify IIFL
of any litigations or legal proceedings against any Borrower; (iv) notify IIFL of any Event of Default; (v) notify IIFL in writing of all changes in the location/
address of office / place of business (viii) it shall be the Borrower"s obligation to keep being acquainted with the rules of IIFL, in force from time to time (ix) to
make regular repayments to IIFL as per the agreed terms; and (x) the Borrower has paid all public demands such as income tax and all the other taxes and
revenues payable to the Government of India or to the government of any state or to any local authority and that at present there are no arrears of such taxes
and revenues due and outstanding.

Negative Covenants:
11. The Borrower covenants and agrees that, save and except with the prior, specific and express written consent of IIFL, the Borrower shall not: (a) create, assume or
incur any further indebtedness to any person; or lend or advance any amounts to any person; or undertake any guarantee or security obligation; (b) except in favour
of IIFL, sell, license, let, lease, transfer, alienate, dispose of in any manner whatsoever, surrender or otherwise encumber any of its assets, rights, title or interest,
receivables, or any part thereof; or create, facilitate or permit to exist any charge, encumbrance or lien of any kind whatsoever over any of its property or grant any
option or other right to purchase, lease or otherwise acquire, any such assets or part thereof; (c) permit or effect any direct or indirect change in the legal or
beneficial ownership or control; (d) Change/ cease/ retire from/ terminate/ resign from the present employment/ profession/business disclosed in the Application;
or change, terminate or open any IIFL account.
Event of Default:
12. The following events shall constitute events of default (each an "Event of Default" ), and upon the occurrence of any of them the entire Outstanding Balance shall
become immediately due and payable by the Borrower and further enable IIFL inter alia to recall the entire Outstanding Balance and/or enforce any security and
transfer/sell the same and/or take, initiate and pursue any actions/proceedings as deemed necessary by IIFL for recovery of the dues:
a. Failure on Borrower"s part to perform any of the obligations or terms or conditions or covenants applicable in relation to the Loan including under this/other
documents including non-payment in full of any part of the Outstanding Balance when due or when demanded by IIFL;
b. Any misrepresentations or misstatement by the Borrower; or
c. Any Payment Instrument issued by the Borrower/s in favour of IIFL is dishonoured by the Borrower"s bank;
d. Occurrence of any circumstance or event which adversely affects Borrower"s ability/capacity to pay/repay the Outstanding Balance or any part thereof or
perform any of the obligations;
e. If any attachment, distress, execution or other process against the Borrower/its assets or any of the security is threatened, enforced or levied upon by any
person; or
f. If the Borrower commits any act of bankruptcy or makes assignment for the benefit of creditors or consents to the appointment of a trustee or receiver or
insolvency proceedings, whether voluntary or otherwise, are instituted against the Borrower;
g. If any application is filed by the creditors of the Borrower under the Insolvency and Bankruptcy Code, 2016
h. Fall, reduction or decrease, in the opinion of IIFL, in value of any security lower than the value required by IIFL;
i. The event of death, insolvency, failure in business, commission of an act of Bankruptcy of the Borrower, or change or termination of
employment/profession/business for any reason whatsoever
 Consequence of Default
13. Notwithstanding the aforestated, upon happening/occurrence of any Event of Default, without prejudice to IIFL"s rights and remedies under contract or law, and
without necessity of any demand upon or notice to the Borrower, all of which are hereby expressly waived by the Borrower, and notwithstanding anything to the
contrary contained herein or in any of the security documents (as the case may be), IIFL may at its absolute discretion, pursue any or all of the following, and
whether simultaneously or independently or otherwise,:
 i) declare the entire Outstanding Balance and all of the obligations of the Borrower to IIFL hereunder, to have become due and payable by the Borrower to IIFL
forthwith thereupon, in which event the Borrower shall be liable to forthwith pay to IIFL the entire Outstanding Balance;
 ii) to enforce the Security (if any) or any part thereof, including by selling, transferring or disposing of the assets/ some or any part thereof either by means of
private treaty or public auction or otherwise, with or without the intervention of any Court/ tribunal;
 iii) to exercise, initiate and pursue any action, rights, notices, remedies, any proceedings (including litigation), whether civil, criminal or otherwise in nature, and
including for recovery of Outstanding Balance.
Notice:
14. IIFL may however without being obligated to do so, in its sole and absolute discretion, on occurrence of any Event of Default or any event which after the notice or
lapse of time or both would constitute an Event of Default, give notice to the Borrower in wring specifying the nature of such Event of Default or of such event and
where the Event of Default is capable of being cured or remedied, specify a time period within which such Event of Default or event is to be cured to the satisfaction
of IIFL, failing which IIFL shall be entitled to pursue all or any of the actions as contemplated hereunder.
15. Notwithstanding the actions undertaken by IIFL pursuant to clause, all the provisions of these Loan Terms and Conditions shall continue in full force and effect as
herein specifically provided till the Final Settlement Date.
Securitization/ Assignment:
16. IIFL shall at any time, without any consent of or notice to the Borrower(s) be entitled to securitize, sell, assign, discount, or transfer all or any part of IIFL"s rights
and obligations under the Loan, this document or any other document, to any person(s) and in such manner and on such terms as IIFL may decide. Borrower shall
not be entitled to directly or indirectly assign or in any manner transfer, whether in whole or part, any rights, the benefit or obligation under the Loan, this/any
other document.
17. IIFL shall be entitled at its discretion to engage/ avail of, services of any person/third party service provider/agent/agency, for anything required to be done for/ in
relation to/ pursuant to the Loan, including collections, recovery of dues, enforcement of security, getting or verifying any information of the Borrower/ assets, and
any necessary or incidental lawful acts/ deeds/ matters and things connected thereto, as IIFL may deem fit. The Details of such person/third party service
provider/agent/agency is specified in the Schedule hereto/ Application.
18. Set Off, Counter Claim & General Lien
a. In respect of all and any of Borrower"s present and future liabilities to IIFL, parent, subsidiaries, any of their branches (collectively "Relevant Entities") ,
whether under this document or under any other obligation/loan/facilities/borrowings/document, whether such liabilities are/be crystallised, actual or
contingent, primary or collateral or several or jointly with others, whether in same currency or different currencies, whether as principal debt or and/or as
guarantor and/or otherwise howsoever (collectively "Liabilities") , each of IIFL and the Relevant Entities shall in addition to any general lien or similar right
to which any of them as NBFC may be entitled by law, practice, custom or otherwise, have a specific and special lien on all the Borrower"s present and future
stocks, shares, securities, property, book debts, all moneys in all accounts whether current, savings, overdraft, fixed or other deposits, held with or in
custody, legal or constructive, with IIFL and/or any Relevant Entities, now or in future, whether in same or different capacity of the Borrower, and whether
severally or jointly with others, whether for any other relationship, safe custody, collection, or otherwise, whether in same currency or different currencies;
and
b. Separately, each of IIFL and the Relevant Entities shall have the specific and express right to, without notice to and without consent of the Borrower, set-off,
transfer, sell, realize, adjust, appropriate all such amounts in all accounts (whether prematurely or upon maturity as per IIFL"s discretion), securities,
amounts and property as aforesaid for the purpose of realizing or against any of dues in respect of any of the Liabilities whether ear-marked for any
particular Liability or flat, combine or consolidate all or any of accounts of the Borrower and set-off any monies, whether of same type or nature or not and
whether held in same capacity or not including upon happening of any of the events of default mentioned in any of the documents pertaining to the
respective Liabilities or upon any default in payment of any part of any of the Liabilities. IIFL and the Relevant Entities shall be deemed to have and hold and
continue to have first charge on any assets including any security that has been/ will be created in respect of the Loan, as security also for any of the other
Liabilities and all the rights and powers vested in IIFL in terms of any security or charge created for the Loan shall be available to IIFL and/or the Relevant
Entities also in respect of such other Liabilities irrespective of the fact whether the Loan is at any time outstanding, repaid or satisfied or not and even after
the Loan has been repaid or prepaid.
 Miscellaneous:
19. All the information shared by the Borrower with IIFL will be retained and thereafter destroyed as per the guidelines formulated by IIFL in accordance with Applicable
Laws. IIFL shall, without notice to or without any consent of the Borrower, be absolutely entitled and have full right, power and authority to make disclosure of any
information (except personal information of the Borrower) including, details in relation to documents, Loan, defaults, security, obligations of Borrower, to the Credit
Information Bureau of India (CIBIL) and/or any other governmental/regulatory/ statutory or private agency/entity, credit bureau, RBI, IIFL other branches/
subsidiaries/ affiliates/ group companies/ rating agencies, service providers, other IIFLs / financial institutions, any third parties, any assigns/ potential assignees or
transferees, who may need the information and may process the information, publish in such manner and through such medium as may be deemed necessary by the
publisher/ IIFL/ RBI, including publishing the name as part of willful defaulter"s list from time to time, as also use for KYC information verification, credit risk
analysis, or for other related purposes. Any disclosure of the personal information, other than as maybe laid in this Loan Terms and Conditions, of the Borrower shall
be with the prior consent of the Borrower.
20. In this connection, the Borrower waives the privilege of privacy and privity of contract. IIFL shall have the right, without notice to or without any consent of the
Borrower, to approach, make enquiries, obtain information, from any person including other IIFLs/ finance entities/ credit bureaus, Borrower"s employer/family
members, any other person related to the Borrower, to obtain any information for assessing track record, credit risk, or for establishing Contact with the Borrower
or for the purpose of recovery of dues from the Borrower. Further Borrower shall also be interested in receiving any other information about various products of IIFL
through calls/ mails/ leers or any other communication mode and Borrower shall waive its privilege under the guidelines of TRAI or any other such similar statutory
authority.
21. The Borrower hereby gives specific consent to IIFL for disclosing/submitting the "financial information" as defined in Section 3 (13) of the Insolvency and Bankruptcy
Code, 2016 ("Code") read with the relevant regulations/rules framed under the Code, as amended and in force from time to time and as specified thereunder from
time to time, in respect of the Credit/Financial facilities availed from IIFL, from time to time, to any "Information Utility" ("IU") as defined in Section 3 (21) of the
Code, in accordance with the relevant regulations framed under the Code, and directions issued by RBI to banks from time to time and hereby specifically agree to
promptly authenticate the financial information submitted by IIFL as and when requested by the concerned IU.
22. Recovery Mechanism: i) IIFL/service provider authorized by IIFL, as maybe applicable, shall undertake the below mentioned steps towards the recovery of the
Loan. IIFL shall disclose the details of the relevant service provider to the Borrower:
 a) The Borrower may be reminded regarding the due date and payment of the due amount either through a telecall or SMS or by a visit by an officer of IIFL or
the service provider, as the case maybe. In case of a tele call the same shall be made to the Borrower between 8 am to 7 pm;
 b) In case of a personal visit, the Borrower would be contacted ordinarily at the place of his/her choice and in the absence of any specified place at the place
of his/her residence and if unavailable at his/her residence, at the place of business/occupation.
In the event the Borrower defaults in their repayment despite the aforementioned reminders, IIFL may enforce the securities provided, or deposit the post-
dated cheques submitted or initiate any other legal remedy as may be stipulated in these Loan Terms and Conditions or may be available under the applicable
laws.

23. Electronic Execution:

a. For ease of operation of the Borrower, the Loan is being sanctioned and provided using an electronic secure platform (”Platform”) and the Borrower has
consented to accept the Loan and the terms of such Loan (including the Sanction Letter and these Loan Terms and Conditions ) through a one-time password,
access code or other forms of secure authentication.
b. The Borrower acknowledges and accepts that on receipt of the one-time password, access code or other forms of secure authentication, IIFL shall assume
that such authentication has been provided by the Borrower and it is the sole responsibility of the Borrower to ensure that the one-time password, access
code or other forms of secure authentication is not compromised or shared with any unauthorized users.
c. IIFL shall have no obligation to verify the authenticity of any transaction or instruction received or purported to have been received from the Borrower
through the Platform or purporting to have been sent by the Borrower other than by means of verification of the one-time password, access code or other
forms of secure authentication. All the records of IIFL with respect to the online request for Loan arising out of the use of the Platform and arising out of the
use of the one-time password, access code or other forms of secure authentication shall be conclusive proof of the genuineness and accuracy of the
transaction and shall be binding on the Borrower.
d. The Borrower is aware that electronic communications involve certain risks including unauthorized alteration of data and/ or unauthorized access by third
parties thereof. IIFL may (but shall not be obliged to) act as aforesaid without inquiry as to the identity or authority of the Borrower giving or purporting to
give any electronic instruction or as to the authenticity of any electronic message and may treat the same as fully authorized by and binding on the Borrower.
The Borrower hereby further agrees to indemnify the IIFL and keep them at all times indemnified from and against all actions, suits, proceedings, costs,
claims, demands, charges, expenses, losses and liabilities howsoever arising in consequence of or in any way related to the IIFL having acted or omitted to act
in accordance with or pursuant to any electronic instruction.
e. The IIFL shall share the copy of the documents executed digitally between the Parties including Schedule-Cum-Key Fact Statement, summary of products,
sanction letter, terms and conditions, account statements, privacy policies of any third party appointed by the IIFL to the Borrower"s registered/verified email
address/SMS to the registered mobile number of the Borrower.

Notices:
24. Any notice, approvals, instructions, demand and "other communications given or made by IIFL shall be deemed to be duly given and served if sent by normal post,
courier, registered Post, facsimile, electronic mail, personal delivery, sms or by pre-paid registered mail addressed to the Borrower"s address, phone/ mobile
number, fax number or email as given in the Application (or at the address changed on which IIFL"s acknowledgment is duly obtained as hereinafter mentioned) and
such notice and service shall be deemed to take effect on the third working day following the date of the posting thereof in case of normal post, courier, registered
post, at the time of delivery if given by personal delivery, upon receipt of a transmission report if given by facsimile, upon sending the electronic mail or sms if given
by electronic mail or sms. The Borrower undertakes to keep IIFL informed at all means in wring of any change in the mailing address, email id, phone and mobile
number(s) as provided in the Application and to obtain IIFL"s written acknowledgment on the information given to IIFL for any such change.
Jurisdiction & Arbitration
25. The Loan, this document/other documents, shall be governed by the laws of India. The parties hereto expressly agree that all disputes arising out of and/or relating
to the Loan, this or any other Relevant document shall be subject to the exclusive jurisdiction of the court/tribunal of the city/place in which the branch of IIFL from
where the Disbursement has been made is situate, provided that the exclusivity aforesaid shall bind the Borrower and IIFL shall be entitled to pursue the same in
any other court of competent jurisdiction at any other place; such dispute shall be referred to arbitration in accordance with the provisions of the Arbitration and
Conciliation Act, 1996 as may be amended, or its re- enactment, by a sole arbitrator appointed by IIFL. The arbitration proceedings shall be conducted in English
language and held at Mumbai or any other place as maybe decided by IIFL. The costs of such arbitration shall be borne by the losing Party or otherwise as
determined in the arbitration award If a party is required to enforce an arbitral award by legal action of any kind, the party against whom such legal action is taken
shall pay all reasonable costs and expenses and attorney"s fees, including any cost of additional litigation or arbitration taken by the party seeking to enforce the
award.
26. This document, Application and other documents have been explained to the Borrower in the language known to the Borrower and the Borrower has read and
understood the same.
27. Severability: If any provision of these Loan Terms and Conditions is held by a court of competent jurisdiction to be contrary to Law, then the remaining provisions of
this Loan Terms and Conditions, shall remain in full force and effect.
28. Any future changes in the rate of interest or any charges with respect to the Facility shall only be made prospectively, unless provided otherwise as per any
applicable laws or regulations.
29. Grievance Redressal Mechanism: It is our constant endeavor to provide the Borrower with the best possible service and care. In case of any grievances (including
concerns about staff behavior), the Borrower may reach out to the representatives below at any time between 09.30 AM and 6.00 PM Monday to Friday except
public holidays. IIFL is committed to providing grievance redressal in a timely manner.
Grievance Redressal Official cum Nodal Officer
You are requested to address all their grievances at the first instance to the Grievance Redressal Official cum Nodal Officer ("GRO/NO"). The contact details of the
GRO/NO are as provided below. Other details related to the grievance redressal mechanism are available at https://www.iifl.com/nbfc/grievance-redressal-
procedure
Designation: Nodal Officer
Address: IIFL Finance Ltd , IIFL House, Sun Infotech Park, Road No.16V, Plot No B23, Thane Industrial Estate Area, Wagle Estate, Thane 400604
Contact Number: +91 22 4520 5810 / +91 22 6817 8410
Email ID: nodalofficer@iifl.com
Grievance redressal - https://www.iifl.com/nbfc/grievance-redressal-procedureThe GRO/NO shall endeavor to resolve the grievance within a period of one month
from the date of receipt of a grievance.

Principal Nodal Officer

If the customer is not satisfied with the resolution received or if the customer does not hear from us in 30 days, we request customer to write to our Principal Nodal
Officer / Grievance Redressal Officer
Designation: Principal Nodal Officer
Address: IIFL Finance Ltd , IIFL House, Sun Infotech Park, Road No.16V, Plot No B23, Thane Industrial Estate Area, Wagle Estate, Thane 400604
Contact Number: +91 22-41035099
Email ID: pno@iifl.com
Grievance redressal - https://www.iifl.com/nbfc/grievance-redressal-procedureThe GRO/NO shall endeavor to resolve the grievance within a period of one month
from the date of receipt of a grievance.
Complaints to Ombudsman
In case no response is received from the GRO/NO within one month from the date of making a representation to the Lender, or if the Borrower is not satisfied with
the response so received, a complaint may be made in accordance with the "The Ombudsman Scheme for Non-Banking Financial Companies, 2018"/ The Banking
Ombudsman Scheme 2006/ The Reserve Bank - Integrated Ombudsman Scheme, 2021, as amended from time to time, ("Ombudsman Scheme") to the Ombudsman
in whose jurisdiction IIFL"s office is located. For contact details of the Ombudsman and for salient features of the Ombudsman Scheme and Fair Practices Code
adopted by IIFL please visit our website at www.iifl.com. A copy of the Ombudsman Scheme is available on the website of the Reserve Bank of India at
www.rbi.org.in and is also available with our GRO/NO.

Accepted by IIFL (This is a system generated Letter and does not need any signature by authorised signatory)

Borrower/Co-Borrower/Guarantor

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09

accepted, confirmed and declared all the clauses 1 to 29 of "Loan Terms and Conditions" document, the Schedule, all and have affixed their
signatures/e-signatures at the end of the Schedule.
 Loan Details

Date Lender"s Name: IIFL Finance Limited Applicant Name: VICKY SWAIN

S.no Parameter Details

(i) Loan amount (amount disbursed/to be disbursed to the borrower) (in Rupees) 200000.00

(ii) Total interest charge during the entire tenure of the loan (in Rupees) 96840.99

(iii) Other up-front charges (break-up of each component to be given below) (in 16601.23
Rupees)

a) Processing Fees Incl. GST (in Rupees) 10030

b) Insurance charges Incl. GST (in Rupees) 4442.23

c) *Pre EMI 2129

(iv) Net disbursed amount ((i)-(iii)) (in Rupees) 183398.77

(v) Total amount to be paid by the borrower (sum of (i), (ii) and (iii)) (in Rupees) 313442.22 #

(vi) Rate of interest (P.A) 27.75%

(vii) Annual Percentage Rate - Effective annualized interest rate (in percentage) 34.51
(computed on net disbursed amount using IRR approach and reducing balance
method)

(viii) Tenor of the Loan (in months/days) 36 months

(ix) Repayment frequency by the borrower Monthly

(x) Number of instalments of repayment 36

(xi) Amount of each instalment of repayment (in Rupees) 8246

Details about Contingent Charges

(xii) Rate of annualized penal charges in case of delayed payments (if any) 24% p.a

(xiii) NACH/e-mandate bounce/duplicate no dues certificate/swapping charges 500.00

(xiv) Foreclosure Charges Refer Table Below

Other disclosure

(xv) Cooling off/look-up period during which borrower shall not be charged any 7 days
penalty on prepayment of loan

(xvi) Purpose of loan Family function

(xvii) Details of Lending Service Provider/Entity acting as recovery agent and IIFL Finance Limited
authorized to approach the borrower

(xviii) Name, designation, address and phone number of nodal grievance redressal
officer designated specifically to deal with FinTech/ digital lending related
complaints/ issues
Designation - Nodal Officer
Address: IIFL Finance Limited, IIFL House, Sun Infotech Park, Road No.16V, Plat
No. B-23, Thane Industrial Estate Area, Wagle Estate, Thane - 400 604
Contact No: +91 22 4520 5810 / +91 22 6817 8410
Email ID: nodalofficer@iifl.com
Grievance redressal-https://www.iifl.com/nbfc/grievance-redressal-procedure

*May vary subject solely to any change in the disbursement date.

#
The difference in repayment amount calculated from the total of EMI Amount given under the detailed repayment schedule (Annexure I below) (excluding other up-
front charges) vis-à-vis the amount mentioned under (v) is due to rounding off the EMI Amount under the detailed repayment schedule.

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09
 Loan Tenure <=6 <=12 <=24 >24
(months)

0-6 7% 7% - Allowed after 3 months. 7% - Allowed after 6 months. 7% - Allowed after 12 months.
FCL not allowed prior 3 months FCL not allowed prior 6 months FCL not allowed prior 12
Foreclosure/Prepayment months
Charges (Excluding
GST)
7-12 6% 6% 6%

13-18 NA 5% 5%

19-24 NA 3% 3%

>24 NA NA 2%

Cheque / ACH Return ₹500/ + GST per instance

Charges

ROI Based on credit evaluation process

At IIFL we have adopted risk based pricing, which is arrived by taking into account, broad parameters like the customers financial and credit profile. Applicable
interest rates are arrived at taking into account the prevailing market rates at the time of sanctioning. Accordingly, the rate of interest may change from time to
time as may be intimated by IIFL. For fair practice code, scheme details, interest rate policy, etc. visit our website www.iifl.com

Do not sign this agreement if it is BLANK. Please ensure all relevant sections and columns are completely filled to your satisfaction and
then only sign the agreement.

Accepted by IIFL (This is a system generated Letter and does not need any signature by Authorised Signatory)
 Application for disbursement through RTGS/NEFT (Real Time Gross Settlement/National Electronic Funds Transfer)

Date: 20 May 2023

To

IIFL,
Retail Assets.
With reference to my application for Loan, I hereby request IIFL to credit the disbursement proceeds of the said Loan directly into my Bank Account (details of my Bank
Account as given below) through the Real Time Gross Settlements (RTGS)/ National Electronic Funds Transfer (NEFT) facility offered by RBI.

My/ Our Bank Details:

Beneficiary Name MR VICKY SWAIN
(Account Title as held with your Bank)

Bank Account No.       00000040395331422

Name of the Bank     State Bank of India

SBIN0003957
* IFSC Code (Contact your Bank and obtain the same)    
Yours Sincerely,

Borrower
Signature

Name of the Borrower VICKY SWAIN

Date 20 May 2023

*Indian Financial System Code (IFSC) is an alpha numeric code designed to uniquely identify the respective bank branches in India. This is 11-digit code with first 4
characters representing the Banks code, the next character reserved as control character (Presently 0 appears in the fifth position) and remaining 6 characters to
identify the branch.
 Consent from customers submitting voluntarily at their own discretion their physical/soft Aadhaar/Driving License/Voter ID as identity /
address proof
To,
The Branch Manager
IIFL Finance Limited (IIFL)
Betul Branch

Dear Sir/Madam,

I/We hereby submit voluntarily at my/our own discretion, the physical/soft copy of Aadhaar card/physical  e-Aadhaar / masked Aadhaar / offline electronic Aadhaar
xml as issued by Unique Identification Authority of India (UIDAI) / Voter ID Card / Driving License, to IIFL Finance Limited (IIFL) for the purpose of establishing my/our
identity/address proof while obtaining loan from IIFL and voluntarily give my/our consent for the said purpose with IIFL in my/our names/s individual capacity/ies using
my/our Aadhaar or as an authorized signatory in non-individual accounts and hereby consent to IIFL for verification of my/our Aadhaar to establish its genuineness through
Quick Response (QR) code embedded in the Aadhaar card or through such other acceptable manner as per UIDAI or under any Act or law from time to time. IIFL has
informed me/us that my/our Aadhaar submitted to IIFL herewith shall not be used for any purpose other than mentioned above, or as per requirements of law.

IIFL has informed me/us that this consent and my/ our Aadhaar will be stored along with my/our other details within IIFL.

I/We hereby declare that all the information voluntarily furnished by me/us is true, correct and complete. I/We will not hold IIFL or any of its officials responsible in case of
any incorrect information provided by me/us.

Signature of the Borrower/s) Names/s:

Mobile No: 9340361058

Email:   vickyswain129@gmail.com
 Confirmation of Mailing Address

To
IIFL Finance Limited (IIFL)
Betul Branch

Subject: Confirmation of mailing address for

I VICKY SWAIN the undersigned desirous of availing loan from IIFL Finance Limited (IIFL) hereby declare that my mailing (current) address is as below:
Mailing address (Provide full address)
Housing board Colony, Plot, N. 185 Station road, Betul, Madhya Pradesh 460001

Permanent address (Provide full address)

Housing board Colony, Plot, N. 185 Station road, Betul, Madhya Pradesh 460001

Further I declare that I do not have any proof of my current address. I am submitting  AADHAARas  proof of my permanent address, the said property is owned by me / my
parents / my relative __________________________________ (name and relationship) and ___________________ (Parents / relative) is living on said property  presently.
I have submitted I want IIFL to send all communications regarding my loan account to my above mentioned mailing address.
 
I have no objection IIFL conducting verification of my present and permanent address.

The above information is true and can be updated by IIFL in its records.

Borrower
Signature

Name of the Borrower VICKY SWAIN

Date 20 May 2023
BORROWER ACKNOWLEDGMENT AND CONFIRMATION:
1. The Borrower agree to be bound by such Loan terms and conditions contained herein and in the Transaction Documents in relation to the Loan.
2. The Borrower is competent to contract and enter into and perform obligations contemplated under the Transaction Documents in respect of the Loan.
3. There is no impediment or restriction, whether under law, judgement, order, award, contract or otherwise, from entering into and/or performing any of the
obligations contemplated under the Transaction Documents with respect of the Loan and all approvals and consents, wherever necessary have been duly obtained
and are and will continue to be in full force;
4. The Borrower further understand that during the cooling-off period an exit from the sanctioned digital loan can be availed, by paying the principal and the
proportionate Annual Percentage Rate, without any penalty.
5. The Borrower further agree that the Borrower has been sufficiently informed by IIFL about other alternative documents that can be submitted for establishing proof
of identification and address.
6. The Borrower hereby declare that all the information voluntarily furnished by the Borrower is true, correct and complete. The Borrower will not hold IIFL or any of
its officials responsible in case of any incorrect information is provided by the Borrower.
7. The Borrower agrees to receive all present and future documents/ correspondence in English language.
8. The Borrower declares that acceptance of these Transaction Documents is not in and will not result into any contravention of any applicable laws including any
notifications/directions issued by any governmental or statutory authority from time to time.
9. That there are no insolvency proceedings or suits for recovery of outstanding dues have been initiated and / or are pending against the Borrower.
10. The Borrower gives explicit consent to IIFL and authorize IIFL to exchange or share information, documents and details relating to my Loan to the Lending Service
Provider, which may be required to carry out their operations as may be required or deemed fit, during and after disbursal of the Loan and/or related offerings or
other products / services that Borrower may apply to Lender from time to time.
11. The Borrower represent that the information and details provided by me and the documents submitted by the Borrower are true, correct and that the Borrower
have not concealed any information and undertakes to inform the Lender of any changes therein, immediately and have not suppressed any information that might
affect the Lender"s decision. In case any of any information submitted by the Borrower is found to be false or untrue or misleading or misrepresenting, the Borrower
is aware that they may be held liable for it in accordance with the Transaction Documents.
12. IIFL may offer an increase in credit limit, and an option will be provided to the Borrower to accept the increased credit limit. Further, the increase/decrease in the
credit limit will be on the basis of IIFL"s internal credit policy. Such revised loan amount being duly intimated before disbursing the Loan amount. However, the IIFL
is not obligated to provide any such increase in sanction amount.
13. That IIFL has the absolute discretion, to refuse the disbursal of the Loan despite issuing the Sanction cum Key Fact Statement.
14. That IIFL shall have the right to make disclosure of Borrower"s personal information as required under applicable law.
15. The Borrower agree and accept that IIFL may in its sole discretion, by its self or through authorised persons, advocate, agencies, bureau, etc. verify any information
given, check credit references, employment details and obtain credit reports to determine creditworthiness from time to time.
16. The Borrower acknowledge and understand that acting under due authorisation, IIFL has performed Borrower"s credit checks on their behalf and obtained credit
report while issuing the Sanction cum Key Fact Statement for the purpose of assessing Borrower"s credit worthiness through a credit information company or
otherwise.
17. The Borrower have not taken any loan from any other bank/ finance company unless specifically declared to IIFL.
18. The Borrower represent and agrees that the funds shall be used for the Purpose specified in the Transaction Documents and will not be used for any illegal,
speculative or antisocial purpose.
19. The Borrower hereby confirm that no representative of IIFL has induced me directly / indirectly to apply for the Loan.
20. The Borrower consents that the reference contacts provided may be contacted for verification of Borrower identity, repayment capability and/or to make collection
efforts in case of breach of the Transaction Documents by the Borrower including failure to make the repayments on the due date.
21. The Borrower understands and accept that any moratorium or deferment of EMI that is provided by IIFL on the Loan shall be at their sole discretion and there shall
be no demur or protest by the Borrower in this regard.
22. The Borrower is neither directly nor indirectly related to IIFL"s director/s as contemplated under the provisions of Companies Act 2013 and I am not a politically
exposed person as per KYC guidelines of RBI.
23. The Borrower hereby gives explicit consent that the relevant Lending Service Provider is authorized to obtain my Credit Information Report (CIR) from the Credit
Information Companies and the fees of buying the CIR will be deducted from the loan disbursed/sanctioned amount, if the option of buying the CIR is availed during
the application of the Loan.
24. The Borrower hereby gives explicit consent to IIFL to deduct the insurance related fees, if applicable, from the sanctioned Loan amount and pay the amount to the
Insurance Service Provider as disclosed to the Borrower during the process of application.
25. The Borrower hereby declare that they have read all applicable features, benefits, exclusions and claim process of the insurance product and have voluntarily opted
for the same (as applicable). The Borrower is aware that in case of non-disclosure of material facts or fraud, there would be no refund of premium paid.
26. The Borrower agree to abide by the terms & conditions of the product and provide my explicit consent to share my personal details/KYC information, as required
and as legally permissible for opting aforementioned insurance policies/products/facilities.
27. Provisions for Declaration of Intent to Use Electronic Signature / Digital Signature
a. The Borrower(s), have signed the Transaction Documents by means of electronic signature, which is defined under Section 2(1) (ta) of the Information
Technology Act, 2000 as “authentication of any electronic record by a subscriber by means of the electronic technique as specified under the Second Schedule
and also includes a digital signature.” and executed or adopted with the intent to sign the Transaction Documents;
b. The Borrower understand that they are not only agreeing to the foregoing document(s) but certifying that I/we have put my e-signature/digital signature on
the document/instrument for availing of Loan out of their free will and, and have executed the Transaction Documents with free and voluntary act for the
purposes therein expressed, and that each of the individuals, in the presence of the witnesses or was at the time eighteen or more years of age, of sound
mind and under no constraint or undue influence. Any wilful falsification of any information contained herein is grounds for initiation of legal action against
the Borrower in accordance of law;
c. The Borrower(s), understand and affirm that the Transaction Documents are admissible under Section 65-B of Evidence Act or any other corresponding
provision or law for the time being in force;
d. The Borrower(s), affirm that their e-signature/digital signature has been affixed/scanned on the Transaction Documents as mentioned under the schedule, by
them and during that relevant period the computer/device/system used for affixation of my e-signature/digital signature was in the lawful control of the
Borrower;
e. The Borrower(s) hereby undertakes to indemnify and keep indemnified IIFL and each of their respective directors, officers and employees (the “Indemnified
Parties”), and to hold Indemnified Parties harmless from and against any and all claims, damages, losses, liabilities, penalties and expenses (including all fees
and charges of internal or external counsel with whom Indemnified Parties may consult and all expenses of litigation and preparation therefor) which
Indemnified Parties may incur (i) on account of breach of any of the terms of this Undertaking furnished hereto, or, (ii) which may be asserted against
Indemnified Party by any person, entity or governmental authority;
f. The Borrower(s), solemnly declare that the use of the electronic signature/digital signature was not done for any illegal or fraudulent purposes. Further,
affirmed that the contents of the foregoing document are true to best of Borrower"s knowledge, information, and belief.

THE BORROWER HEREBY CONFIRM THAT THEY HAVE READ AND UNDERSTOOD THE LOAN TERMS AND CONDITIONS AND HAVE
ACCEPTED THIS AFTER HAVING READ, ANALYSED, UNDERSTOOD LOAN TERMS AND CONDITIONS FOR DISBURSAL OF THE LOAN.

Borrower
Signature

Name of the Borrower VICKY SWAIN

Date 20 May 2023
 ANNEXURE - I

S No. Date Opening Principal EMI Amount Interest Amount Principal Amount Closing Principal
₹ ₹ ₹ ₹ Amount
₹

1 3 Jul 2023 ₹ 200000.00 ₹ 8246.00 ₹ 4625.00 ₹ 3621.00 ₹ 196379.00

2 3 Aug 2023 ₹ 196379.00 ₹ 8246.00 ₹ 4541.26 ₹ 3704.74 ₹ 192674.26

3 3 Sep 2023 ₹ 192674.26 ₹ 8246.00 ₹ 4455.59 ₹ 3790.41 ₹ 188883.86

4 3 Oct 2023 ₹ 188883.86 ₹ 8246.00 ₹ 4367.94 ₹ 3878.06 ₹ 185005.80

5 3 Nov 2023 ₹ 185005.80 ₹ 8246.00 ₹ 4278.26 ₹ 3967.74 ₹ 181038.05

6 3 Dec 2023 ₹ 181038.05 ₹ 8246.00 ₹ 4186.51 ₹ 4059.49 ₹ 176978.56

7 3 Jan 2024 ₹ 176978.56 ₹ 8246.00 ₹ 4092.63 ₹ 4153.37 ₹ 172825.19

8 3 Feb 2024 ₹ 172825.19 ₹ 8246.00 ₹ 3996.58 ₹ 4249.42 ₹ 168575.77

9 3 Mar 2024 ₹ 168575.77 ₹ 8246.00 ₹ 3898.31 ₹ 4347.69 ₹ 164228.09

10 3 Apr 2024 ₹ 164228.09 ₹ 8246.00 ₹ 3797.77 ₹ 4448.23 ₹ 159779.86

11 3 May 2024 ₹ 159779.86 ₹ 8246.00 ₹ 3694.91 ₹ 4551.09 ₹ 155228.77

12 3 Jun 2024 ₹ 155228.77 ₹ 8246.00 ₹ 3589.67 ₹ 4656.33 ₹ 150572.44

13 3 Jul 2024 ₹ 150572.44 ₹ 8246.00 ₹ 3481.99 ₹ 4764.01 ₹ 145808.42

14 3 Aug 2024 ₹ 145808.42 ₹ 8246.00 ₹ 3371.82 ₹ 4874.18 ₹ 140934.24

15 3 Sep 2024 ₹ 140934.24 ₹ 8246.00 ₹ 3259.10 ₹ 4986.90 ₹ 135947.35

16 3 Oct 2024 ₹ 135947.35 ₹ 8246.00 ₹ 3143.78 ₹ 5102.22 ₹ 130845.13

17 3 Nov 2024 ₹ 130845.13 ₹ 8246.00 ₹ 3025.79 ₹ 5220.21 ₹ 125624.92

18 3 Dec 2024 ₹ 125624.92 ₹ 8246.00 ₹ 2905.08 ₹ 5340.92 ₹ 120284.00

19 3 Jan 2025 ₹ 120284.00 ₹ 8246.00 ₹ 2781.57 ₹ 5464.43 ₹ 114819.57

20 3 Feb 2025 ₹ 114819.57 ₹ 8246.00 ₹ 2655.20 ₹ 5590.80 ₹ 109228.77

21 3 Mar 2025 ₹ 109228.77 ₹ 8246.00 ₹ 2525.92 ₹ 5720.08 ₹ 103508.68

22 3 Apr 2025 ₹ 103508.68 ₹ 8246.00 ₹ 2393.64 ₹ 5852.36 ₹ 97656.32

23 3 May 2025 ₹ 97656.32 ₹ 8246.00 ₹ 2258.30 ₹ 5987.70 ₹ 91668.63

24 3 Jun 2025 ₹ 91668.63 ₹ 8246.00 ₹ 2119.84 ₹ 6126.16 ₹ 85542.46

25 3 Jul 2025 ₹ 85542.46 ₹ 8246.00 ₹ 1978.17 ₹ 6267.83 ₹ 79274.63

26 3 Aug 2025 ₹ 79274.63 ₹ 8246.00 ₹ 1833.23 ₹ 6412.77 ₹ 72861.86

27 3 Sep 2025 ₹ 72861.86 ₹ 8246.00 ₹ 1684.93 ₹ 6561.07 ₹ 66300.79

28 3 Oct 2025 ₹ 66300.79 ₹ 8246.00 ₹ 1533.21 ₹ 6712.79 ₹ 59587.99

29 3 Nov 2025 ₹ 59587.99 ₹ 8246.00 ₹ 1377.97 ₹ 6868.03 ₹ 52719.97

30 3 Dec 2025 ₹ 52719.97 ₹ 8246.00 ₹ 1219.15 ₹ 7026.85 ₹ 45693.12

31 3 Jan 2026 ₹ 45693.12 ₹ 8246.00 ₹ 1056.65 ₹ 7189.35 ₹ 38503.77

32 3 Feb 2026 ₹ 38503.77 ₹ 8246.00 ₹ 890.40 ₹ 7355.60 ₹ 31148.17

33 3 Mar 2026 ₹ 31148.17 ₹ 8246.00 ₹ 720.30 ₹ 7525.70 ₹ 23622.47

34 3 Apr 2026 ₹ 23622.47 ₹ 8246.00 ₹ 546.27 ₹ 7699.73 ₹ 15922.74

35 3 May 2026 ₹ 15922.74 ₹ 8246.00 ₹ 368.21 ₹ 7877.79 ₹ 8044.95

36 3 Jun 2026 ₹ 8044.95 ₹ 8231.00 ₹ 186.04 ₹ 8044.95 ₹ 0.00

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09
 Insurance Declaration

The Customer Declares, Affirms and Undertakes that:

I VICKY SWAIN do hereby authorize you to pay directly to Master Policy Holder towards my outstanding dues against the loan borrowed vide loan account no
SL4777028 from Master Policy Holder out of the claim proceeds or premium refunds under Policy issued against Customer ID FI_XUDIZP_tTXrbuAeHI by Care
Health Insurance Limited.

Name: VICKY SWAIN

Signed Using: 9340361058

Date: 20 May 2023

Borrower IP: 157.34.6.99

Signature Time: 20 May 2023 17:08:09