Application Form

Name of the Applicant/ Address   :  S/O: Sunil Kumar, Himachal Pradesh, Ward
Borrower  :  Abhay Kahol Number 07, Una, Himachal Pradesh, 177204
Contact  :  +918894208415 Email  :  Abhaykahol666@gmail.com
Gender  :  Male Date of birth  :  11 Oct 2001
PAN  :  MSNPK3963R Job type  :  Self-employed
Treatment/ Services   :  Purpose of the Loan  :  Healthcare Requirement
Membership
SaveIN Partner name   :  SaveIN Partner address   :  Sco 45-48, Madhya Marg, Sector
Octane Fitness prime 8C, Chandigarh, 160009
Declarations
1. I declare that all the particulars and information and details given/filled in this application
form are true, correct, complete and up -to-date in all respects and that I have not
withheld any information whatsoever. I understand that certain particulars given by me
are required by the operational guidelines governing non-banking finance companies.
2. I hereby confirm that no insolvency proceedings or suits for recovery of outstanding dues
or monies whatsoever or for attachment of my assets or properties and/or any criminal
proceedings have been initiated and/or are pending against me and that I have never
been adjudicated insolvent by any court or other authority nor has any receiver,
administrator, administrative receiver, trustees or similar officer been appointed for my
assets.
3. I authorize Mamta Project Private Limited (hereinafter referred to as “Lender/MPPL”) and
SaveIN Fintech Private Limited (hereinafter referred to as “Agent/SaveIN”) and (as defined
in Loan T&C) (collectively referred to as “Parties”) and all its group companies and their
agents to exchange, share or part with all the information and details relating to my
existing loans and/or repayment history to other group companies, banks, financial
intuitions, credit bureaus, agencies, statutory and regulatory bodies etc. as may be
required or as they may deem fit and shall not hold (for any of its group companies or its
/their agents/representatives) liable for use/sharing of this information.
4. I understand and acknowledge that Mamta Project Private Limited shall have the
absolute discretion, without assigning any reasons (unless required by applicable law), to
reject my application and that shall not be responsible/liable in any manner whatsoever to
me for such rejection or any delay in notifying me of such rejection and any costs, losses,
damages or expenses, or other consequences, caused by reason of such rejection, or any
delay in notifying me of such rejection, of our application.
5. I hereby confirm and duly undertake that the loan is being taken for the purpose as stated
in the application form. I also confirm that the loan is not being used for investments
/trading in speculative activities/business.
6. The Parties /its Group Companies reserve the right to retain the photographs and
documents submitted with the application and will not return the same to the borrower.
7. I hereby consent to receive promotional/transactional information regarding my loan
through SMS / Mobile / Email / WhatsApp.
8. I hereby authorize SaveIN Fintech Private Limited as my authorized representative to
receive my credit information from any authorized credit Bureau.

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9. SaveIN Fintech Private Limited and Mamta Project Private Limited hold no liability
whatsoever for the completeness, accuracy, efficiency, outcome of the service taken
/medical treatment done and all additional/further expenses with reference to the service
/ medical treatment, that arise post the disbursement of this loan, has to be borne by the
Applicant / Patient themselves.
10. Irrespective of the completeness, outcome of the aforesaid service, treatment, I agree to
pay my monthly instalments regularly, without any delays (Refer to EMI payment
schedule).
11. I hereby declare that I have read and agree to the above terms & conditions.

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LOAN AGREEMENT
This Loan Agreement is made on the date and at the place as stated herein between the
Borrower(s) whose name and address are stated in Sanction Letter above, hereinafter called the
’Borrower(s)’ (which expression shall unless the context otherwise requires, include his/her
heirs, executors, administrators and permitted assignees) as First Party;

AND

Mamta Projects Private Limited, (CIN No. U23209WB1994PTC063940) a company

incorporated under the Companies Act, 1956 and registered as a non-banking financial
company under the Reserve Bank of India Act, 1934, having its registered office at EM03, Unit
1528, 15th Floor, Bengal Eco Intelligent Park, Sector V, Salt Lake, Kolkata, West Bengal - 700091
(hereinafter referred to as “the Lender/MMPL”, which expression shall, unless it be repugnant
to the context or meaning thereof, be deemed to mean and include its successors-in-business
and assigns) as Second Party;

The expressions "Borrower", and the "MMPL", unless repugnant to the context, shall include his
/her/their respective heirs, representatives, beneficiaries, successors, executors, administrators
and permitted assigns and shall individually be referred to as "Party" and collectively as "Parties"

WHEREAS

The Borrower(s) has/have requested for a loan for the purpose mentioned hereinabove. The
Lender has agreed to accede to the said request, subject to the Borrower(s) submitting /
executing such documents as may be required by the Lender from time to time.

1. DEFINITIONS AND INTERPRETATION: The following words and expressions shall have the
meaning ascribed to them throughout these terms and conditions, unless there is
anything repugnant to the subject or context thereof:

1. "MMPL" means Mamta Project Private Limited or the Lender and shall include its
successors and assigns.
2. "Aggregator" shall mean SaveIN Fintech Private Limited, who has using its lending
platform introduced / referred the Borrower/s to MMPL for sanction and disbursal of Loan.
3. "Application Form" means, as the context may permit or require, the Credit Loan
Application Form submitted by the Borrower, as the context may permit or require, to
MMPL for applying for and availing of the Loan, together with annexures and addenda
and all other information, particulars, clarifications, letters and undertakings and
declarations, if any, furnished by the Borrower/s or any other persons from time to time in
connection with the Loan.
4. "Borrower/s" means and refers to jointly and/or severally to the Applicants (more
particularly described in the Application Form) who has/have been sanctioned/granted
/disbursed the Loan by MMPL pursuant to the relevant Application Form submitted by
such applicants to MMPL for availing of the Loan and depending upon the nature of the
Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to
include his/her legal heirs, executors and administrators
5. "Borrower/s’ Dues" means and includes the outstanding principal amount of the Loan,
interest on the Loan, all other interest, all fees, costs, charges, expenses, stamp duty and

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 all other sums whatsoever payable by the Borrower/s to MMPL in accordance with the
Loan Terms, as well as all other monies whatsoever stipulated in or payable by the
Borrower/s under the Loan Terms and loan documents.
6. "Charge" means the aggregate amount payable by the Borrower to the MMPL as per the
details provided in the Sanction Letter towards the documentation fee, servicing fee, loan
processing fee and the registration fee and such other fee as mentioned or notified by
MMPL to the Borrower from time to time.
7. "Due Date" means the date(s) on which any amounts in respect of the Borrower/s’ Dues
including the principal amounts of the Loan, interest and/or any other monies, fall due as
specified in the Application Form and/or the Loan Terms and/or the Loan documents.
8. "Effective Date" means unless specified otherwise, the date of disbursement of the Loan
to the Borrower.
9. "Event of Default" means and includes the occurrence of any one or more of the events
of default as stipulated in Clause V.
10. "Loan" or "Personal Loan" means the loan/financial assistance sanctioned by the MMPL
to the Borrower pursuant to receipt of a duly filled in Application Form for the purposes
mentioned in the Application Form.
11. "Loan Documents" mean the Application Form, Loan Agreement, Demand Promissory
Note, Declaration and include all writings and other documents executed or entered into
or to be executed or entered into, by the Borrower/s or as the case may be, in relation, or
pertaining to the Loan and each such Loan Documents as amended from time to time.
12. "Loan Terms" means and refers collectively to (a) all the terms and conditions set out in
the Application Form, (b) Sanction Letter, (c) Loan Agreement and (d) all terms and
conditions specified in the other Loan Documents
13. "Partner" shall mean a third party who has or would refer its customer(s) or prospective
customer(s) to SaveIN / MMPL for availing the Loan facility.
14. "Pre EMI" means the amount payable by the Borrower at the interest indicated on the
Loan from the Effective Date to the date immediately prior to the date of
commencement of instalment.
15. "Rate of Interest" means the rate of interest applicable for the Loan as specified.
16. "RBI" means Reserve Bank of India.
17. "Tenure" means the duration for which Borrower has opted for repayment of Loan
excluding the Pre EMI.
18. "Website" means www.arthmate.com and www.savein.money

2. BORROWER

1. Borrower confirms and undertakes that it has seen, read, verified and accepted the loan
offer before acceptance of the terms and conditions of this Agreement. Terms and
conditions of this Agreement are tied to the loan offer accepted by the Borrower with
Mamta Project Private Limited (MMPL) applied through either its mobile-based app if any,
or Website or through its Partners. The loan offer terms (agreement execution date, loan
sanction date, amount sanctioned, tenure of loan, interest rate applicable and EMI) would
be same as those mentioned or displayed on Mobile App, Website or in the documents
provided by MMPL in physical or electronic mode and Borrower’s identity would be same
as retrieved through KYC. Further, for any notices, Borrower’s residential address would be
utilized as per KYC.

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2. The expression "Instant Loan", unless repugnant to the context, shall mean and include
Personal Loan Disbursement within 36 (thirty-six) working hours from the time of final
sanction of Loan/facility by MMPL.
3. The Borrower(s) have agreed and consented to this Standard Terms and Conditions for
availing the loan facility. The terms and conditions set out herein shall be applicable to the
Facility/Loan provided/ to be provided by MMPL to the Borrower(s).
4. Upon the representation and information provided by the Borrower in the Application
Form for the loan made to the MMPL , the MMPL hereby agrees to lend to the Borrower
the Sanctioned Amount for the purpose herein above.
5. The MMPL shall have the right to recall the Loan at any time at its discretion, without
assigning any reasons for such recall, and upon such recall, the Loan and all other
amounts stipulated by the MMPL shall be payable forthwith. The Borrower shall be liable
for all amounts due and all costs, interest, additional interest, duties, levies etc. incurred
for enforcing this Terms of this Agreement or for undertaking any recovery proceedings
with respect to the Loan. The Borrower acknowledges that stamp duty is applicable to
this Loan Agreement and accordingly has paid the same, in case of any deficit the
Borrower shall be liable for the same.
6. COOLING OFF PERIOD : The Borrower is allowed a Cooling Off period of 7 days during
which the Borrower shall have the option to decide to either continue with Loan or repay
the same by paying the entire outstanding Loan amount including interest, charges or
any other charges as mentioned in the Sanction Letter post which no request for the
cancellation of loan shall be entertained by the Lender
7. The Borrower shall repay the Loan, and the interest payable thereon, in monthly
instalments as per the as agreed, which instalments are hereinafter referred to as "The
Equated Monthly Instalments" or "EMI''. Any dispute, including that relating to the interest
computation, shall not entitle the Borrower to withhold payment demanded by the
MMPL and/or payment of any EMI. The repayment schedule for the Loan is without
prejudice to the rights of the MMPL to re-compute the interest, in case of any variation of
the same. On such re-computation, payments shall be made by the Borrower in
accordance with such amended repayment schedule(s), as may be intimated by the
MMPL to the Borrower. Borrower agrees that the decision of MMPL on computation of
EMI or interest computation is final and legal binding upon the Borrower and the
borrower shall pay the EMI or interest along with principal amount without any protest or
demure.
8. The Borrower agrees to issue Cheques/SI/NACH (referred to as "Repayment Instructions")
for the repayment of the Loan and is fully cognizant that dishonour of the repayment of
the Loan is a criminal offence under the law. Additionally, the MMPL will also accept
payment through NEFT/ RTGS/ Po-UPI and the Borrower can choose to avail such options
when required to make payment towards the loan account. The Borrower further agrees
that it shall provide NACH document to MMPL, in original and/or in copy form either
through physical or electronic mode or as such manner as MMPL may direct from time to
time.
9. Borrower agrees and confirms that he/she shall repay the Loan only from his/her own
account, third party payment shall not be made by the Borrower. If MMPL establishes
third party payment made on behalf of the Borrower on any outstanding dues for his/her
loan, then Borrower will need to provide a detailed consent letter in writing to MMPL
within 30 days from MMPL’s communication to the Borrower.
10. The Borrower acknowledges that the Cheques/ SI/NACH/ Po-UPI mode of repayment is
issued in favour of the MMPL, in advance for the payment of the EMIs. The MMPL may at
any time at its sole discretion, with prior notice to the Borrower, make a demand for the

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 repayment of the loan and dues thereto. The Borrower shall not revoke the Cheque/SI
/NACH/ Po-UPI mode for payment of the EMIs during the tenure of this Loan, except with
the prior approval of the MMPL unconditionally and irrevocable authorize and confirm the
authority of the MMPL to fill in the date and the amount on the said cheques/SI/NACH/ Po-
UPI and to present the same for the payment. In case the Borrower revokes his/her
consent to participate in the SI/NACH/ Po-UPI mode without obtaining the prior written
consent of the MMPL, the same shall be deemed to be an 'Event of Default', as defined in
this Loan Agreement and the MMPL shall have the right to forthwith recall the Loan
without giving any notice to the Borrower, Notwithstanding anything contained herein,
the MMPL shall have the right to initiate criminal action or take any other action/remedy
available under the applicable laws against the Borrower.
11. MMPL agent/representative shall never demand for cash repayment of the Loan and the
Borrower agrees that any cash repayment made by the Borrower to any person in such
regard is at his/her own risk and not adjustable from Loan amount/interest or Charges
/fees associated with the Loan, further MMPL shall not be held liable for the same.
12. The Borrower may prepay the entire outstanding balance of the Loan. In such an event,
MMPL shall be entitled to charge pre-payment charges as specified in the Sanction Letter
on the outstanding dues. Pre-Payment amount will get adjusted towards interest, other
charges and principal amount outstanding. Pre-payment shall take effect only if the
standard Cheques /ECS/Po-UPI payment for the month or alternate payment made
through NEFT/RTGS has been cleared and proceeds thereof realized by MMPL in clear
funds.
13. The amount pre payable shall be determined by MMPL and subject to prepayment
/foreclosure charge of 0% of Loan outstanding.
14. The records maintained by the MMPL shall be conclusive proof of the amounts
outstanding from and due and by the Borrower. A certificate issued by the MMPL stating
the amount due at any particular time shall be conclusive evidence as against the
Borrower. However, nothing herein shall prejudice the MMPL’s interests or rights if there
is any clerical or arithmetical error in the interest calculations due and payable by the
Borrower.
15. MMPL shall have the right to recall the Facility at any time at its discretion, without
assigning any reasons for such recall, and upon such recall, the Loan and all other
amounts stipulated by the MMPL shall be payable forthwith
16. MMPL shall have a right to sell or transfer (by way of assignment, securitization or
otherwise) whole or part of the outstanding amounts under the Facility or any other
rights under this Agreement or any other document pursuant hereto to any person in a
manner or under such terms and conditions as MMPL may decide in its sole discretion,
with or without notice to the Borrower. The Borrower hereby specifically consents to the
right of MMPL to such sell or transfer. The Borrower shall not transfer or assign his/her
rights under the aforesaid Loan.
17. Borrower hereby gives his / her consent for deduction of the Pre EMI amount from the
loan amount being disbursed.
18. Borrower hereby agrees and confirms that in case wherein the Borrower avails any third-
party services through MMPL then the fees/ charges applicable for the said third party
services shall be deducted from the Loan amount and MMPL shall not be held liable for
the services provided by such third party and the Borrower shall be liable to repay such
fees / charges to the MPPL even if the services are properly rendered by the such Third
Party to the Borrower or not. It shall be the sole discretion of the Borrower to opt for such
third-party products and services and for any changes/cancellation on booking of such

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 products will need to be done through relevant third party as per their product T&C.
MMPL shall not be liable for any claims and damages arising out of or in relation to third
party product and services availed by the Borrower.
19. The Borrower/s shall pay Charges, non-refundable upfront transaction/processing fees,
and other charges as and when applicable.
20. The Borrower hereby consent to the MMPL or its Authorized Agents and third party
service providers to use information/data provided by the Borrower to contact him
through any channel of communication including but not limited to email, telephone,
sms, etc. and further authorize the disclosure of the information contained herein to its
affiliates/group companies or their Authorized Agents or Third Party Service Providers in
order to provide information and updates to the Borrower on various financial and
investment products and offering.
21. Personal Loan (If applicable) – undertaking for salaried loan applicants. The Borrower
undertakes, in such case, that he may be asked to provide his salary account bank
statement for the past one month and any other details as required by Mamta Project
Private Limited post disbursal of the loan. All information provided by him about his
demographics, employment and salary account is true. The Borrower undertakes to
foreclose the loan immediately in case any of the above provided information is found to
be false by Mamta Project Private limited
22. AGENT: The Borrower acknowledges and agrees that SaveIN Fintech Private Limited is
the Agent of the Lender for the purpose of disbursement, collection, recovery and such
other matters incidental to the Loan and the Agent shall act in accordance with the
instructions of the Lender

3. BORROWER'S REPRESENTATIONS, WARRANTIES, COVENANTS AND UNDERTAKINGS

With a view to induce MMPL to grant the Facility/Loan to him/her, the Borrower, hereby
represents/warrants to/ covenants/ undertakes with MMPL that he/she-

1. Has given complete and correct information and details in the application form about
himself/herself.
2. MMPL’s associates, the Partner, agencies, Credit Information Companies and/or any other
agency so authorized may use the said information and data disclosed to MMPL in the
manner deemed fit by them
3. Has no pending claims, demands, litigation or proceedings against him/her before any
court or authority (public or private);
4. Shall ensure that the purpose for the Loan is advanced by MMPL is fulfilled in all respects
and produced to MMPL, the necessary documents, as may be required by MMPL;
5. shall in addition to the income/ financial statement/s required by MMPL furnish such
other information/ documents concerning his/her employment, trade, business,
profession or otherwise as MMPL may require from time to time;
6. Shall promptly and without requiring any notice or reminder from MMPL, repay the
Facility in accordance with the terms mentioned herein;
7. Shall (in case of more than one borrower) be jointly and / or severally liable to repay the
Facility, interest and all other sums due and payable under this Loan Agreement and to
observe its terms and conditions;
8. Where applicable, shall inform MMPL of any likely change in his/her employment;
9. Shall not stand surety or guarantor for any third-party liability or obligation;

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10. Being a resident in India, shall not leave India for employment or business or long stay
without first fully repaying the Facility then outstanding due and payable with interest
and other dues, including prepayment charges, if any;
11. Borrower shall, in case the Borrower is a company/firm/body corporate, notify MMPL at
least 30 days in advance of any intended a) change in business, constitution or
constitution documents or b) closure of its business or c) change in address.
12. The Borrower hereby undertakes to keep the MMPL informed of any change in the
Borrower's e-mail ID, Telephone number, Mobile number and Address. The Borrower
authorizes the MMPL to update the contact information change that the MMPL may be
informed of and hereby authorizes the MMPL to contact the Borrower at the updated
contact details, by post, phone, e-mail, SMS/text messaging.
13. (xiii) the Borrower agrees and undertakes not to, and warrants and represents to the
MMPL that the Borrower shall not, utilize the Facility for any antisocial, unlawful, or
speculative purposes and/or capital market.
14. The Borrower agrees that the MMPL shall send any notice/letter/other document meant
for the Borrower at the address last intimated by the Borrower and shall be deemed to
have been delivered within 48 hours after it has been sent by registered post, under
certificate of posting, ordinary post or courier or email at the discretion of the MMPL. All
writings from the Borrower to the MMPL must be received from the Borrower at the
address specified in the Facility application.

4. INTEREST AND APPORTIONMENT OF PAYMENT

1. Applicable Interest shall accrue on the Loan/Facility at the rate prescribed herein
mentioned above from Effective Date and shall be payable as provided for herein
mentioned above.
2. The Borrower agrees to pay Interest on the Facility as mentioned herein above and which
shall be fixed at all times and calculated on the daily balance of the outstanding Facility.
3. MMPL or its authorized representatives shall be entitled to debit all other amounts due
and payable by the Borrower under this Agreement (including but not limited to interest
tax, fees, stamp duty, processing fee, login fees, costs, service/Prepayment and other
charges, claims and expenses including expenses which may be incurred by the MPPL in
recovery proceedings) to the Borrower Loan account, unless separately reimbursed to
MMPL by the Borrower. Such amounts shall form part of the Facility.
4. It is understood, by the Borrower that for default in repayment of interest/principal as it
may fall due as per Facility terms, additional default/penal interest as mentioned
hereinabove are applicable on principal outstanding including interest overdue from the
day of default for the period the amount is in default.
5. Without prejudice to any other term of this Agreement , the Parties expressly agree that
any payment made by the Borrower to MMPL under this Agreement shall be
appropriated by MMPL in the following order (i) Interest; (ii) Principal amount of the Loan
and (iii) Costs, charges and expenses that MMPL may expend to service and recover the
Loan, Interest, Default Interest and all sums due and payable by the Borrower to MMPL
under this Agreement.

5. OTHER CONDITIONS

1. MMPL shall, at its discretion, obtain a confidential credit report on the Borrower from its
other lenders

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2. MMPL reserves the right to appoint qualified accountants’ management consultants of its
choice to examine the books of accounts and operations of the Borrower or to carry out a
full concurrent/statutory audit. The cost of such inspection shall be borne by the Borrower
3. In case any condition is stipulated by any other lender that is more favorable to them than
the terms stipulated by MMPL , MMPL shall at its discretion, apply to this Facility such
equivalent conditions to bring its Facility at par with those of the other lenders
4. The Loan shall be utilised for the purpose for which it is sanctioned and it should not be
utilised for
Subscription to or purchase of shares/debentures
Extending loans to subsidiary companies/associates or for making inter-corporate
deposits
Any speculative purposes
Pay-off another loan taken from MMPL / any other lender
5. The Borrower will keep MMPL informed of the happening of any event which is likely to
have an impact on their income, profit or business and more particularly, if the monthly
income, production or sale and profit are likely to be substantially lower than already
indicated to MMPL. The Borrower will inform accordingly with reasons and the remedial
steps proposed to be taken
6. The Borrower shall be deemed to have given their express consent to MMPL to disclose
the information and data furnished by them to MMPL and also those regarding the credit
facility/ies enjoyed by the Borrower, conduct of accounts and guarantee obligations
undertaken by the Borrower to the Credit Information Companies in India or Reserve
Bank of India (RBI) or any other agencies specified by RBI who are authorised to seek and
publish information.
7. The Borrower will keep MMPL advised of any circumstances adversely affecting their
financial position including any action taken by any creditor, government authority
against them.
8. The obligation of MMPL to make disbursements out of the Loan shall be subject to the
Borrower complying with all the conditions to the satisfaction of MMPL in its sole
discretion. The Borrower shall complete all documentation as stipulated, to the
satisfaction of MMPL.

6. EVENT OF DEFAULT
The following events and occurrences including but not limited to, shall constitute an
Event of Default for purposes of this Agreement

1. The Borrower fails to pay to MMPL any amount when due and payable under this
Agreement
2. The Borrower fails to pay to any person other than MMPL any amount when due and
payable or any person other than MMPL demands repayment of the loan or dues or
liability of the Borrower to such person ahead of its repayment terms as previously agreed
between such person and the Borrower;
3. The Borrower defaults in performing any of its/his/her obligations under this Agreement
or breaches any of the terms or conditions of this Agreement;
4. The Borrower revokes his/her consent to participate in the SI/NACH/ Po-UPI mode
without obtaining the prior written consent of the MMPL or changes its signature in the
respective Bank Accounts or closes the Bank Account without any written intimation and
approval from the MPPL

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5. The Borrower, in case of individual, opts to resign or retires from the employment prior to
the age of superannuation or is discharged or removed from service before such date for
any reason whatsoever
6. Any of the information provided by the Borrower to avail the Loan or any of its/his/her
Representations, Warranties herein being found to be or becoming incorrect or untrue;
7. Any person other than MMPL commencing proceedings to declare the Borrower
insolvent or if the Borrower shall become bankrupt or insolvent or commit act of
insolvency or initiating criminal proceedings against the Borrower;
8. The Borrower is found to have fraudulent history or found or alleged to have been
involved in document misrepresentation/fraud or is proven to be involved in any sort of
money laundering activities or any other
9. Any default by the Borrower or its/their promoters/ affiliates/ agents/ associates/ group
companies/ directors (independent or executive)/ subsidiaries /assigns, under this or any
other agreement or other writing between the Borrower(s) (including its/their promoters/
affiliates/ agents/ associates/group companies/ directors (independent or executive)/
subsidiaries/ assigns) and MMPL or its promoters/ affiliates/ subsidiaries, assigns or any
group company, or under any other agreement or writing of indebtedness of the
Borrower or its/their promoters/ affiliates/ agents/associates/group companies/ directors
(independent or executive) /subsidiaries/ assigns, or in the performance of any covenant,
term or undertaking thereunder, or any indebtedness of the Borrower or its/their
promoters/ affiliates/ agents/associates/group companies/ directors (independent or
executive)/subsidiaries /assigns, not being paid when due or any creditor of the Borrower
or its/their promoters/ affiliates/agents/associates/group companies/ directors
(independent or executive)/subsidiaries /assigns becoming entitled to declare any
indebtedness due and payable prior to the date on which it would otherwise have
become due or any guarantee or indemnity or collateral given or other support
agreement entered into by the Borrower or its/their promoters/ affiliates/ agents/
associates/group companies/ directors (independent or executive)/subsidiaries /assigns
not being honoured when due and called upon
10. Change or closing or changing the signature in the relevant bank account by the
Borrower without prior intimation and permission of the Lender

7. CONSEQUENCES OF THE EVENTS OF DEFAULT

Upon the occurrence of an Event of Default under the above Clause, the MPPL or any
agent of the MPPL authorized in this behalf shall serve a notice to the Borrower to remedy
such Event of Default, where the same is remediable, and if the Borrower fails to remedy
the Event of Default within a period of 15 days from the date of such notice, the MPPL shall
have the right to initiate one or all of the actions as specified below:

1. MPPL may, at its sole discretion, terminate the Agreement, either wholly or partially, upon
occurrence of any Event of Default
2. MPPL, may by a notice in writing to the Borrower, declare the entire amounts payable
under this Agreement, including Repayment Instalments (due and payable) payable
under this Agreement (“Amount Due”) as accelerated, and payable forthwith..
3. On receipt of any such notice, the Borrower shall immediately repay all Amounts Due as
demanded by the MPPL pursuant to this Clause in entirety (or part thereof, if specified in
such notice). The Borrower hereby waives any right it may have to further notice,
presentment, demand or protest in respect of any demand for immediate payment from
the Lender

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4. Enforcement of Security, if any: MPPL shall have the right to enforce either in whole or
in part all or any Security if available with the MPPL under this Agreement and/ or take
possession or transfer/deal with/dispose of the security by way of assignment, or sale, and
/or exercise all or any of its rights in respect thereof in such other manner as it may deem
fit.
5. (v) MPPL shall, without prejudice to any of its specific rights under any other agreements
with the Borrower, at its sole discretion, be at liberty to apply any other money, amounts,
securities and other property of the Borrower (whether singly or jointly with another or
others) in possession of the MPPL or any of its subsidiary/ affiliate/ associate company in
or towards payment of the Amount Dues under Facility granted under this Loan
Agreement.
6. The Lender shall be entitled at the sole risk and cost of the Borrower to engage one or
more person(s) to collect the Borrower’s dues and shall further be entitled to share such
information, facts and figures pertaining to the Borrower as the MPPL deems fit. MPPL
may also delegate to such person(s) the right and authority to perform and execute all
such acts, deeds, matters and things connected herewith, or incidental thereto, as MPPL
may deem fit. The Borrower recognizes, accepts and consents to such delegation
7. MPPL shall have the right to disclose any information regarding the Borrower and any
information and documents that they might possess from time to time to: (a) any of its
branches or with other banks, financial institutions, Credit Information Bureau of India
Limited, credit reference or rating agencies/bureaus or other individuals/entities either in
response to their credit inquiries directed to the Lender or in the event of the Borrower
not complying with any terms and conditions herein or otherwise (b) the Reserve Bank of
India and/or any other statutory authority or official of the Government of India or that of
any other state.

8. INDEMNITY
The Borrower / Borrowers shall, jointly and severally, without prejudice to any other right
of MPPL, indemnify and keep indemnified and hold MPPL and its agents harmless against
any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
costs expenses or disbursements of any kind or nature whatsoever (including without
limitation, fees and disbursements of lawyers) which may be imposed on, incurred by, or
asserted against MPPL or its agents in any claim, litigation, proceeding or investigation
instituted or conducted by any governmental agency or instrumentality or any person or
entity, and which are related directly or indirectly to this Agreement or any document
executed pursuant hereto, whether or not MPPL or its agents is a party thereto, and shall
pay and reimburse to MPPL, without any dispute or demure any losses, costs, charges or
expenses which MPPL shall certify as sustained or suffered or incurred by MPPL as a
consequence of occurrence of an Event of Default, or any other breach of obligations by
the Borrower under this Agreement or otherwise in connection with this Agreement
(including any interest or fees incurred in funding any unpaid sum).

9. VALIDITY OF THE AGREEMENT

1. This Agreement is binding on the Parties hereto on and from the Date of Execution of this
Agreement and shall be in force and effect till all the monies due and payable under this
Agreement are fully paid by the Borrower
2. Unless otherwise agreed between the Parties, this Agreement shall terminate on the date
when all the obligations of the Borrower are irrevocably and unconditionally paid or in the
manner set out in the Agreement pursuant to occurrence of an Event of Default on behalf

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 2.

of the Borrower, in which case MPPL may, notwithstanding anything contained

elsewhere in this Agreement, at its sole discretion terminate the Agreement

10. FORCE MAJEURE

MMPL shall not be held liable for any delay of or failure to comply with any of the terms of
this Agreement, nor shall any such delay or failure be deemed a default when such delay
or failure has been caused primarily by any circumstances beyond the reasonable control
and without the fault of MMPL affected, including but not limited to fire, war, insurrection,
government restrictions, act of terrorism, pandemic, computer system failure or act of
God or such other event which is beyond the control of MMPL ("Force Majeure Event"),
provided that such affected Party uses due diligence to mitigate the effects of the Force
Majeure Event on the performance of its obligations under this Agreement.

11. SETTLEMENT OF DISPUTES AND GOVERNING LAW

Any differences or disputes arising out of or touching this Agreement shall be settled
solely between MMPL and the Borrower, amicably in the first instance. Unresolved
disputes or differences shall be referred to a sole Arbitrator, who shall be appointed by
MMPL only and the Borrower shall have no objection to the same. The Arbitration shall be
governed by the Arbitration and Conciliation Act 1996 or any statutory modification or re-
enactment thereof and the Rules made there under and for the time being in force. The
award of the Arbitrator shall be final, conclusive and binding on the parties. The venue of
such arbitration proceedings shall be Delhi and shall be conducted in the English
language only. Laws of India shall govern this Agreement , the documentation pursuant
hereto and Courts in the City of New Delhi having exclusive jurisdiction over all aspects
governing the interpretation and enforcement of the Terms of this Agreement and other
documentation pursuant hereto.

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Repayment Schedule
Instalment Outstanding Principal Amount Principal (in Interest (in Instalment (in
no. (in Rupees) Rupees) Rupees) Rupees)

1 9000 3000 0 3000

2 6000 3000 0 3000

3 3000 3000 0 3000

Signature: Digitally accepted document

Borrower IP address: 169.149.229.69
Place: Chandigarh
Date: Mon 26 Jun 2023 20:52:25 IST

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 ADDENDUM TO THE LOAN AGREEMENT
This loan has been facilitated by SaveIN Fintech Private Limited (hereafter referred to as SaveIN)
in partnership with Mamta Project Private Limited.

The borrower has applied for this loan for use at a SaveIN partner location- Octane Fitness prime
Chandigarh and understands that the proceeds shall be credited directly to the SaveIN Partner’
s verified bank account as listed in this agreement.

SaveIN has been authorised by the borrower to act as a loan facilitator for the purpose of
obtaining, servicing, collection, Reccovery of this loan facility. The borrower has understood all
terms as listed on https://savein.money/privacy-policy and https://savein.money/terms-of-use

Additionally, SaveIN has been appointed by the Lender to act as authorized representative for
application processing, customer service, engagement and collection of dues pertaining to this
loan facility.

The borrower agrees to discharge all obligations pertaining to this loan through SaveIN and its
platform www.savein.money including repayment of applicable/outstanding loan amount.

Signed by: DS MAMTA PROJECTS PRIVATE LIMITED 1

Signed at :Tue Jun 27 04:45:03 UTC 2023
Remarks: Authorised Signatory - Surendra Gupta, Loan Id - AMLSFLSFP100000022972

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