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Key Fact Statement - Final PDF
Key Fact Statement - Final PDF
Place of
1)
Execution Mumbai
Date of
2)
Execution
26-07-2023
Name of
3) Regulated Tata Capital Financial Services Limited
Entity
Details of b) Constitution:
the
4) Borrower/s c) Address
& Co- a) Name:
Borrower/s
b) Constitution:
c) Address
a) Name:
b) Constitution:
c) Address
a) Name
b) Constitution
c) Address
5) Purpose Business Working Use
a. Amount
of the Initial 673000
Rs. _______________________ /-
Facility/
Loan SIX LAKH SEVENTYTHREE THOUSAND
(Rupees ______________________________________________________________ only)
Amount
6)
Processing 2.50
7)
Fees
________% of the Loan Amount/ Facility amount Rs. 16825
a) Insurance & Third-Party Product Charges Rs. 4685
b) Stamp Duty Rs. 0
c) Documentation Charges 1999
Other Broken Period Interest
8) (Broken Period Interest amount and 1st EMI date depend on the date of disbursal and the final figures
Deductions d) Rs. 4206
would be mentioned in the Welcome Letter)
Type of
10) Facility Term Loan Facility: ✔
48
or Revolving Facility: Tenure (in Months): _____________
opted
Dropline Facility
b)
Flexi Facility (Combination of Fixedline + Dropline) of which Fixedline tenure of ___________ months.
Amount by which Maximum Credit Line shall be reduced on the frequency specified in (c) Maximum Credit Limit
d)
above: Remaining Tenure
a) First EMI due on 05/09/2023
b) Last EMI Date 05/08/2027
c) Instalment Due Date 5th of every month
Repayment
11) d) No. of Instalments of Repayment 48
Schedule
Monthly Instalment payable (including insurance in case of insurance provision) under term 22315
Rs. ______________
e)
loan facility per month
f) Repayment frequency by the Borrower Monthly
Moratorium
12) period (if
any)
For default in payment of interest and/ or principal amounts – 3% per month on overdue amount (Annualized
a)
penal charge of 36%)
Additional
14)
Interest
For delay or non-submission of the financial statements or such other documents as required under the Facility
b)
Documents - 3% per month (Annualized penal charge of 36%)
Note: (GST, other government taxes and levies as applicable, will be levied on all fees and charges in this document)
Jurisdiction
Relevant
Sr.
Conditions Provisions Timelines
No. in T&Cs
Clause
a) End use certificate shall be provided by the Obligors to the Lender Within 30 days
2(C)(i)
Clause
5.14 and/or
b) Fresh Payment Instruments shall be delivered by the Obligors to the Lender Within 7 days
Clause
5.18
Within 45 days from the
end of the relevant
TDS certificate in the Form No. 16A of the IT Act downloaded from the TDS quarter in which tax is
Clause
c) Reconciliation Analysis and Correction Enabling System (“TRACES”) website deducted and within 75
5.25.5
shall be provided by the Obligors to the Lender days from the end of the
last quarter of the
financial year
22) Timelines
An amount equivalent to the TDS amount paid by the Obligors shall be
refunded to the Borrower by the Lender upon receipt of the TDS certificate and Clause
d) Within 90 days
subject to compliance with the conditions stipulated in the relevant provision of 5.25.5
the T&Cs.
Joint and several liability of the Obligors to indemnify and keep the Indemnified within 15 days from the
g) Clause 11
Person(s) indemnified and harmless. date of demand
https://www.tatacapital.com/content/dam/tata-capital/pdf/footer/Privacy_Commitment.pdf