a gp piel Shubtt POWER HOME SANCTION LETTER J PHLLNPHG_FLOATING_ ARE / 10862273 / RAC. AHMEDABAD RAG / 23 Approval No Axis Blank! a 30 JAN 2028 To, rns. KARPEETKUMAR BHANUPRASAD DARU 139.2 4 SHAKRIBEN Ni CHALI NR JUNA.NILKANTH MAHADEV TEMPLE RANIP,OPP RATOP NAGAR PANCHAYAT AHMEDABAD, GUJARAT-382480 OPP KHANA GHAJANA Maiing Aasress: Langman Dear SieMadam, We refer to the loan eppiications submitted by you and are pleased to sariction the facil as detailed below Raussen ROWER HOME VANILIA BRE Purpose ofan Ready Buitup Bulder nerest Rate TPE Floating Rate Inked 'o Repo Rae lene Rate 25% ate oft P60 abave Repo Rate Present Rae of mises] p=™ 585% ivan i with epety Kean th lf ony wih [witha rover linctrance with [propery (Lite Fe ce [evo \eeanes: [nauretes [insurance [Life insurance amu f Loan Fs _—[R Equated Monthy nstatmenEbjor tenure [1821061 fesszea_ie1a777_|te2s000 Saccang rae of interest eo Rs, 17099. |* IRs. 16318 |Rs. 17026 |Rs. 16244 a0 monte of EMI pls 30 months olpre EMI Note: Pre-EMlis only appcsbe for party disbursed loan amount trom the date of first disbursement of loan til the time loan is disbursed in ful or upto 30 months from the date of first disbursement of loan, whichever is earlier Monthly repayment of INo. of Monthly Instalimentis 1, For partly disbursed case From the date of first disbursement you will be required to pay Pre-EM| interest (at the rate applicable to your loan) on the Repayment [Monthly Instaliment(Ml) derived above is leased on sanctioned amount. The Mi may post completion of moratorium period lbased on loan outstanding amount. Please Inote that you have an option to convert the Mi on sanctioned amount by visiting the nearest loan center amount disbursed, till POWER HOME VANILLA BRE Loan is not fully disbursed of upto 30 months from the date of first disbursement, whichever is earlier 2, For first and final disbursement cases: From the date of first disbursement you will be required to pay Pre-EMI interest (at the rate applicable to your loan) for the first month and monthly installments as mentioned above thereafter [Processing charges INon- refundable Charges for CERSAI sper Charges merioned below IRs_ 1800 (Inclusive of goods and services tax) Mortgage of the property(in the form and manner prescribed by Asset Sale CNAME RES! Walk than Nea CN Vidayaloya Ar REGISTERED OFFICE : “Tishul” - 31d Floor Opp, Samartheswar Temple, Nea Law Garden, Etisondge, Ahmedabad - 380006, Telephone No, 079-26409322 Fax No. -079. 2640930) Gm L619 19837.C020769 Vee won cory huips://tinnonecas.axisb,com:8443/A XISCAS/SanetionLetter Jos? A ‘Gujarat rT jihad ankipdabad AXIS BANK yxPage 6 of 6 sxnowedgement We have read the terms & conlitons mentioned in this offer later & accept the same alongwith the option ticked below 1. Housing Loan Amount with Property & Life insurance ——— 2 Housing Loan Amount with only Property insurance —y 3. Housing Loan Amount with only Life insurance ——————ee 4 Housing Loan Amount without any insurance. SSS Sten KARPEETKUMAR IN HUKAMCHAND as BHANUPRASAD DARJI. NAMDEV on pean (CoAppteant) (Garang «(GOK ate Trenng You For AXIS BANK IMJTED thorized Signatdry potuilnstanding afyihing mentioned above, AXIS Bank can add, delete, modify all or any of the aforeseid terms & conditions without any reference to the applicants. * This may undergo a change and the interest sate at nc of disbursal shall be applicable Goods and Services tax (GST) will be charged extra as per the applicable rates, on all the charges and fees (wherever GST is applicable)Loanneciity sanctioned at any time during the currency of the Loanvtaciity. without any notice to the borrower, for any reason whatsoever a) 35. As per the provisions of Section 194-1A of the Income Tax Act. 1961, Any parson, being a transfe responsible for paying (ther than the person referred 10 in section 184LA) to a resident transferor any ‘sum by way of consideration for transfer of any immovable property (other than agricultural land), shall. at me of cre of wach sun ta ecco of re aatere or ot Rei of omen beet Pn a oar ‘ vever is earler, deduct an amount equal cash or by issue ofa choca or drat or by any other mode, whi Sone pt cotta euch eum an iexrrecfax hereon Tis apphosba treeees erin ine coeecaaton forthe tranetr of an invmovatle propery fe My lakh rupees or more. In view Ine same, he borrower gooey i geet ie TD & St ot dco of payment te tank pro urea As per Section 105 ofthe Income Tax Act. ary person who Is fesponsible {0 make payment fo @ non % fenert entra nay be rurpstie ibe Ws Solon eee Pee deduct Income Tax at the prevailing rates al the time of credit to the account of the non resident or at the time of payment thereon cash o by the lssue of cheque or drat or by any other mode, whichever Is eerie tn case the borrower is Further Section 195(0) rw rule 378B (2) and (1) of the Income Tax Rules states that any person 80 responsible for making payment as has been mentioned inthe aforesaid para Shall aso furieh information of any such sum payeble In form 1SCA along with a cariicate from a Ghortered Accountant inform 18 GB. Therefore in case the seller ofthe property being purchased is NRI seller, you are advised to comply with {he aforementioned provisions as your abligation shal be eated as Primary. No Gisbursement /drawis under the facility shall be permitted untl and unless the borrower has made its ) EMI: If service request (SR) for part payment is not created/received within 2 days of receipt of funds, the excess funds will be adjusted towards principal outstanding as part payment. ¢. Excess amount equal to (=) EMI: If service request (SR)/instructions for part payment is not created/received on same day of receipt of funds, excess amount will be refunded back to borrower's operative account. he loan 4 Excess amount less than (<) EMI: Excess amount will be kept unappropriated in the loa account for 15 days; post 15 days the excess funds shall be adjusted towards principal outstanding as a part payment ; a 34. The Bank reserves an unconditional right to cancel the undrawn/unused/unavailed portion of thePage 3 of 6 wt woe Ais Bank Lid has & nalorwide Ue Up. In case f you ae interested in avaing the Lie {agit toty aough te Bank you ean Go eo; However, we wid Wate eked canvases that hs rua fac ae te aervoes of heve insurance provers, = reime 8 condivon applicable fr under-constricton cases +, ‘Deourvement of ak under conaluction heme loene (Sel canetueton Lisne J Runa Purchos / Pkt DaeurEa pun conduction Loahs) sll be ished wth the slaye af eonemocton of the property 2. Approved Pion & Gonatucon eatinata fo bs submited fr Sh urwer constuction home leans (Sell GSrervenon Loans / Buller Purchase / Plot Loens / Plot pls constuction Loans) and, construction Should be done as per approved plan In case OF undet constuction home jan in the category of Plat plus contruction Leans Sell Conetucton Loans, approved plan i he name of applicant / Borrower from Eomostont auhorty end consiuchon estate fom hoereed arcitecisngineet must Ba submited oF oF before disbursement of loan * Other terms and consitons The Borrower(s) hereby agree(s) and confirms that AXIS Bank shall have the absolute right to levy such mited to cheque bounce / return and any other penal interest charges as it may deem fl including but not for the delayed! late payment or otherwise. The Borrower(s) agree(s) that in the event of such a levy, the Borrower(s) shall forthwith pay the said amount without demur or protest and that it shall not object to such levy nor claim waiver of or make a claim or a defense that the same was no! brought to his/her! their notice. The Borrower(s) is / are aware of the fact that i is not mandatory for AXIS Blank fo inform either in ‘advance or subsequently of the said levy and/or change in the levy or introduction of such levy. It shall be the responsibilty of the Borrower(s) to enquire or avail from AXIS Bank the details thereof Non-refundable charges levied by Central Registry of Securitization of Asset Reconstruction and Security Interest of india ‘2 For Registration of Security created in favour of AXIS Bank: i. When facilty emount is equal to Rs 5 lacs or lesser: Rs 50 plus goods and services tax ji When feciity amount is great than Rs § Lacs: Rs 100 plus goods and services tax The charges for modification and satisfaction of security created in favour of the Lender, if and when applicable, shall be levied as per applicable law. For current charges and any revisions thereof, kindly refer to the applicable rules. regulations notifications, etc issued by CERSAI The CERSAI charges mentioned above are non-refundable, statutonly regulated and are subject to change as per applicable law. You will pay the EMI's through National Automated Clearing House (NACH)in all centres where this facility is available You are requested to give requisite 1 cheque/s towards Pre-EMI, & 1 undated cheque not exceeding the loan amount as Security Cheque for NACH/ Standing Instruction(S!) mode of repayment You can also Open a Savings Bank Account with Axis Bank Ltd., and issue Auto Debit instructions Or issue @ Standing Instruction from your existing Axis Bank Account. To open a Savings Bank Account or to issue a Standing Instruction, please visit the nearest Retail Asset Centre. The loan shall be used only for the purpose for which itis sanctioned The Loan is subject to satisfactory compliance of all terms and conditions as stipulated in the legal opinion report the title of which should be clear and marketable given by the bank's approved lawyer. The quantum of loan will be based on a satisfactory valuation report from the bank's approved valuer No amount shall be disbursed under the facility for Power Home until and unless the borrower has contributed his contribution towards the purpose(s), executed the required agreements, documents and ings and performed such other acts and deeds and created such security as AXIS Bank may require & All the floating rate mortgage loans disbursed in a particular month shall be linked to the (Repo rate) prevailing for that month. The Repo rate will be reset once in three months . The applicable Repo Rate for the mortgage cans shall be displayed on Axis bank's website. 9. The Repo Rate and the applicable rate of interest for the loan facility as mentioned in the final sanction letter shall be the one prevailing as on date of disbursement which is construed to be the final sanction terms and as mentioned in the schedule to the Loan Agreement. The Repo Rate prevailing on the day the loan is disbursed will be applicable till the next reset date, irrespective of the changes in the Repo Rate during the interim period 11. Bank shall have absolute right to decide and apply the spread over the Repo Rate, “Spread” shall Consist of credit risk premium (which is subject to change in case there is substantial change in the Borrower's credit assessment as agreed in the Loan Agreement), operating costs and other costs, The same will be reset periodically once in three years from the date of disbursement The credit risk premium of the borrower shall be reviewed by the bank at regular intervals and shall undergo a revision in case of a substantial change in the borrower's credit assessment 13. Bank can change the reset frequency for the mortgage loans on a later date at its sole discretion | 14. In the event of any change of address for communication, any change in job, profession by you Or ¥" borrower or the guarantor, the sarne should be intimated to the bank, immediately fe Back erie 15. The Borrower agrees to extend the mortgage over the property, already mortgaged with at Spare lanl existing parent foan availed by the Borrower from the Bank, to secure the due repayment of Net Sr, and that the mortgage may be enforced by the Bank to recover any outstanding’s due 4 12, 2973... 31-01-2023 https://finnonecas.axisb.com:8443/AXISCAS/SanetionLetter.los?APPID=188>,