We are pleased to inform you that your application for Personal Loan has been sanctioned.

Your
Personal Loan shall be governed by the Terms and Conditions stipulated in this document
including the terms and charges as specified in the Loan Details Section:

Terms and Conditions – Personal Loan Facility

(A) The Borrower ha s repres ented to the Lender tha t the Borrower i s i n need of i ni ti a l fi na nce fa ci l i ty from
the Lender a nd reques ted the Lender to provi de s uch i ni ti a l fi na nce fa ci l i ty. The Borrower ha s further
reques ted the Lender to provi de for a n a ddi ti ona l top -up fa ci l i ty a l s o.

(B) The Lender ha s a greed to gra nt the s a i d i ni ti al fi na nce fa ci l i ty for a n a mount s peci fi ed i n the Loa n deta i l s
s ecti on (“Initial Facility”) on the terms a nd condi ti ons conta i ned herei n a nd the Ma s ter Terms a nd
Condi ti ons regi s tered a s Document No. 8980 -2018 on November 6, 2018 wi th the Sub -Regi s tra r a t
Mumba i Ci ty - 3 (herei na fter s evera l l y referred to a s “Master T&Cs”). Ba s ed on the reques t of the
Borrower, the Lender ha s a greed, tha t, upon the compl eti on of 12 months from the da te of fi rs t
di s burs ement under the Ini ti a l Fa ci l i ty (“Peri od”) or s uch other peri od a s ma y be a greed, s ubject to the
Borrower meeti ng the credi t a nd other cri teri a of the Lender, the Borrower s ha l l be enti tl ed to a n
a ddi ti ona l fa ci l i ty not exceedi ng the a mount a s s peci fi ed i n the Loa n deta i l s s ecti on (“Additional
Facility”), wi thout further a ct or deed a nd the s a me ma y be di s burs ed to the Borrower a t a ny ti me a fter
the s a i d Peri od a t the di s creti on of the Lender on the terms a nd condi ti ons conta i ned herei n a nd the
Ma s ter T&Cs .

(C) The Lender s ha l l , a t i ts s ol e di s creti on, wi thout a s s i gni ng a ny rea s on, be enti tl ed to ca ncel or reduce th e
Addi ti ona l Fa ci lity. The term “Facility” s ha l l i nclude the Ini ti a l Fa cility a nd a l s o the Addi ti ona l Fa ci l i ty a nd
unl es s repugna nt to the context, references to the term ‘Fa ci l i ty’ i n the Ma s ter T&Cs s ha l l be rea d a nd
cons trued a ccordi ngl y.
(D) The Lender ha s a greed to extend the Fa ci l i ty to the Borrower, on the fa i th of the underta ki ngs ,
repres enta ti on a nd wa rra nti es ma de by the Borrower (a s more pa rti cul a rl y s ta ted i n the Fa ci l i ty
Documents ).

1. Definitions and Interpretation:

(a ) The ca pi ta l i s ed terms wherever us ed i n thes e Terms a nd Condi ti ons , unl es s the co ntext otherwi s e requi res ,
ha ve the mea ni ngs a s cri bed to them i n the Ma s ter T&Cs .
(b) The rul es of i nterpreta ti on a s s et out i n the Ma s ter T&Cs s ha l l a ppl y muta ti s muta ndi s to thes e Terms a nd
Condi ti ons .

2. Facility
(a ) The Borrower a grees to borrow a nd the Lender a grees to gra nt to the Borrower, the Fa ci l i ty, bei ng the
a mount s peci fi ed i n Loa n deta i l s s ecti on a nd on s uch terms a nd condi ti ons conta i ned herei n a nd i n the
Ma s ter T&Cs for the Purpos e a s menti oned i n the Fa ci l i ty Documents .
(b) The Borrower s ha l l not be enti tl ed to ca ncel or refus e to a ccept Di s burs ement of the Fa ci l i ty upon
a ccepta nce of thes e Terms a nd Condi ti ons except wi th pri or wri tten a pprova l of the Lender a nd upon
pa yment of s uch ca ncel l a ti on cha rges a s s et out i n the Loa n deta i l s s ecti on. Further, s uch ca ncel l a ti on s ha l l
ta ke effect onl y when the Borrower ha s pa i d to the Lender the Outs ta ndi ngs i n ful l to the Lender’s
s a ti s fa cti on.
(c) Borrower unders ta nds a nd a grees tha t no deferment of i ns ta l l ments or mora tori um on a ccount of Covi d -19
a s contempl a ted by the COVID-19 – Regul a tory Pa cka ge a nnounced by RBI or the rel eva nt pol i cy of Ta ta
Ca pi ta l s ha l l be a va i l a bl e for thi s l oa n a nd borrower s ha l l not a ppl y for the s a me.

3. Repaym ent and Interest

IP Address:47.29.167.64:53180 Date & Time: 22-08-2022 15:46:28

(a ) The Ins ta l ments a nd a l l other Outs ta ndi ngs from ti me to ti me wi th res pect to the Ini ti a l Fa ci lity s ha ll be pa i d /
repa i d by the Borrower on or before the res pecti ve Due Da tes i n a ccorda nce wi th the Repa yment Schedul e
a s s et out i n the Loa n deta i l s s ecti on . The deta i l s of tenure, repa yment etc. i n res pect of the Addi ti ona l
Fa ci l ity s ha l l be provi ded to the Borrower a t the ti me of a va i l i ng the Addi ti ona l Fa ci l i ty a nd s ha l l be pa ya bl e
by the Borrower on or before thei r res pecti ve Due Da tes .
(b) W i thout prejudi ce to the ri ghts of the Lender under the Fa ci l i ty Documents , the Interes t s ha l l be computed
a t a fi xed ra te a nd s ha l l be pa ya bl e a t s uch ra te a s s et out i n the Loa n deta i l s s ecti on a nd the Interes t s ha l l be
computed on the a ctua l da i l y outs ta ndi ng pri nci pa l ba l a nce of the Fa ci l i ty on the ba s i s of a 360 da ys ’ yea r
a nd a ctua l number of da ys el a ps ed a nd compounded wi th monthl y res ts on the outs ta ndi ng ba l a nce of the
Fa ci l i ty a t the end of every ca l enda r month.

4. Additional Interest

In ca s e of defa ul t by the Borrower i n the repa yments of the Fa ci l i ty on the rel eva nt Due Da te or a ny other
del a y/ defa ul t/ brea ch commi tted by the Borrower, the Lender s ha l l ha ve a ri ght a t i ts opti on to cha rge
Addi ti ona l Interes t a s s et out i n the Loa n deta i l s s ecti on, over a nd a bove the preva i l i ng i nteres t ra te for the
peri od duri ng whi ch s uch defa ul t conti nues .

5. Prepaym ent

The Borrower ma y be permi tted to ma ke pa rt or ful l prepa yment of the Outs ta ndi ngs on the terms a nd
condi ti ons conta i ned i n the Ma s ter T&Cs a nd by ma ki ng pa yment of a ppl i ca bl e Prepa yment / Forecl os ure
cha rges a s s et out i n the Loa n deta i l s s ecti on a nd a s ma y be revi s ed by the Lender from ti me to ti me a t i ts
s ol e di s creti on.

6. Costs and Expenses

The Borrower s ha l l be l i a bl e to pa y Di s honour Cha rges a nd s uch other cha rges , cos ts , expens es rel a ted to
a nd a ri s i ng out of the Fa ci l i ty a s s et out i n the Loa n deta i l s s ecti on . The Lender i n i ts s ol e a nd a bs ol ute
di s creti on res erves the ri ght to peri odi ca l l y revi ew, revi s e, re-negoti a te, wa i ve a ny s uch cha rges or l evy a ny
new cha rges whi ch s ha l l be upda ted by the Lender on i ts webs i te ( www.ta ta ca pi ta l .com) or otherwi s e
i nti ma ted to the Borrower. The Borrower s ha l l be l i a bl e to pa y s uch cha rges wi thout a ny demur or del a y a nd
s ha l l not be enti tl ed to ra i s e a ny objecti ons . The Borrower s ha l l be l i a bl e to pa y the Proces s i ng Fee s et out i n
the Loa n deta i l s s ecti on i n res pect of the Ini ti a l Fa ci l i ty a s a l s o the Addi ti ona l Fa ci l i ty.

7. Disclosure

The Borrower hereby a gree a nd cons ent for di s cl os ure a nd s ha ri ng of the i nforma ti on a nd da ta a nd for bei ng
conta cted vi de va ri ous communi ca ti on modes notwi ths ta ndi ng thei r na mes a nd / or numbers a ppea ri ng i n
the Do Not Ca l l or Do Not Di s turb regi s try, a s per the terms a nd condi ti on s conta i ned i n the Ma s ter T&Cs .

8. Lien, Set-off, Cross Default

Any defa ul t by the Obl i gors or by a ny Affi l i a te of the Obl i gors or a ny enti ty rel a ted to or connected wi th the
Obl i gors under a ny a greement, a rra ngement, gua ra ntee, a nd/or under a ny of i ts /thei r i ndebtednes s
(whether a ctua l or conti ngent, or whether pri ma r y or col l a tera l , or whether joi nt a nd/ or s evera l ), wi th the
Lender or i ts s ubs i di a ri es /fel l ow s ubs i di a ri es /Affi l i a tes /a ny other enti ty formi ng pa rt of Ta ta Group, s ha l l
cons ti tute a n Event of Defa ul t under the Fa ci l ity a nd vi ce-vers a . The Lender, i ts Affi l i a tes a nd enti ti es /pers ons
i n the Ta ta Group s ha l l ha ve a pa ra mount l i en a nd ri ght of s et-off on/a ga i ns t a l l other, pres ent a s wel l a s
future moni es , s ecuri ti es , depos i ts of a ny ki nd a nd na ture, a l l other a s s ets a nd properti es bel ongi ng to the

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 Obl i gors ’ credi t (whether hel d s i ngl y or joi ntl y wi th a ny other pers on), whi ch a re depos i ted wi th/under the
control of the Lender i ts Affi l i a tes a nd/or enti ti es /pers ons i n the Ta ta Group purs ua nt to a ny contra ct
entered/to be entered i nto by the Obl i gors i n a ny ca pa c i ty, notwi ths ta ndi ng tha t s uch depos i ts ma y not be
expres s ed i n the s a me currency a s the i ndebtednes s . The Lender, i ts Affi l i a tes a nd enti ti es /pers ons i n the
Ta ta Group s ha l l be enti tl ed a nd a uthori zed to exerci s e s uch ri ght of l i en a nd s et -off a ga i ns t a l l s uch
a mounts /a s s ets /properti es for s ettl ement of a ny a mounts due or l i a bi l i ti es owed to them or a ny of them
wi th or wi thout a ny further noti ce to a ny Obl i gor. In thi s rega rd, a ny di s cha rge gi ven by the Lender to i ts
Affi l i a tes a nd/or enti ti es /pers ons i n the Ta ta Group s ha l l be va l i d a nd bi ndi ng on the Obl i gors . It s ha l l be the
Obl i gors ’ s ol e res pons ibility a nd l i a bility to s ettl e a l l di sputes /objecti ons wi th s uch joi nt a ccount hol ders . If s o
requi red, the Lender, i ts Affi l i a tes a nd enti ti es /pers ons i n the Ta ta Group s ha l l be wel l wi thi n thei r ri ghts to
exerci s e the ri ght of s et-off a ga i ns t the money l yi ng i n the joi nt a ccount(s ) or i n a ny depos i t/bond/other
a s s ets hel d joi ntl y, for s ettl ement of a ny a mounts due or l i a bi l i ti es owed to them or a ny of them. Fu rther, the
Obl i gors hereby a uthori ze the Lender to ma ke pa yments to the Lender’s Affi l i a tes a nd/or enti ti es /pers ons i n
the Ta ta Group, for a ny a mounts owed by a n Obl i gor to s uch Affi l i a tes of the Lender a nd/or enti ti es /pers ons
i n the Ta ta Group, out of a ny exces s moneys recei ved/recovered by the Lender from the Obl i gors .

9. Other Conditions

(a ) The Borrower s ha l l a bi de by a l l terms a nd condi ti ons a s s peci fi ed i n the Ma s ter T& Cs i ncl udi ng wi thout
l i mi ta ti on genera l a nd s peci a l covena nts menti oned therei n, whi ch s ha l l form a n i ntegra l pa rt of thes e
Terms a nd Condi ti ons a s i f i ncorpora ted herei n. In ca s e of a ny i ncons i s tency or repugna ncy between the
terms of thes e Terms a nd Cond i ti ons a nd the Ma s ter T&Cs , the terms of thes e Terms a nd Condi ti ons s ha l l
preva i l . It i s hereby cl a ri fi ed tha t Cl a us e 1.1(v) a nd Cl a us e 11 a s a ppea ri ng i n the Ma s ter T&Cs s ha l l be
deemed to be del eted from the Ma s ter T&Cs .
(b) Nothi ng conta i ned herei n s ha l l l i mi t the ri ghts of the Lender to enforce thes e Terms a nd Condi ti ons
i ndependentl y a nd i n excl us i vi ty to the Fa ci l i ty Documents .
(c) The Borrower hereby s ta te tha t the Borrower ha s rea d a nd unders tood the Ma s ter T&Cs , a copy of whi ch i s
a va i l a bl e on the webs i te (i .e. www.ta ta ca pi ta l .com), a nd hereby a gree to be bound by the terms a nd
condi ti ons a s conta i ned i n the Ma s ter T&Cs rea d wi th thes e Terms a nd Condi ti ons .
(d) The Borrower s ha l l a dhere to the ti mel i nes s et out i n the Loa n deta i l s s ecti on.
(e) Notwi ths ta ndi ng a nythi ng conta i ned i n the Fa ci l i ty Documents , the Lender ma y a t i ts s ol e a nd a bs ol ute
di s creti on, wi thout a s s i gni ng rea s ons , a nd wi thout noti ce to the Borrower, ca ncel the Fa ci l i ty or a ny pa rt
thereof a nd/or dema nd i mmedi a te repa yment of a l l Outs ta ndi ngs under/i n rel a ti on to the Fa ci l i ty. The
Lender s ha l l i nti ma te the Borrower rega rdi ng s uch ca ncel l a ti on .

10. Arbitration

If a ny di s pute, di fference or cl a i m a r i s es between a ny of the Borrower a nd the Lender i n connecti on wi th the

Fa ci l i ty or a s to the i nterpreta ti on, va l i di ty, i mpl ementa ti on or effect of the Fa ci l i ty Documents or a s to the
ri ghts a nd l i a bi lities of the pa rti es under the Fa ci l i ty Documents or a l l eged brea ch of the Fa ci l i ty Documents or
a nythi ng done or omi tted to be done purs ua nt to the Fa ci l i ty Documents , the s a me s ha l l be s ettl ed by
a rbi tra ti on by a s ol e a rbi tra tor to be a ppoi nted by a ny of the fol l owi ng i ns ti tuti ons :

(a ) The Counci l for Na ti ona l a nd Interna ti ona l Commerci a l Arbi tra ti on ha vi ng i ts offi ce a t Uni t No.208,
2nd Fl oor, Beta W i ng, Ra heja Towers , Nos .113 -134, Anna Sa l a i , Chenna i – 600002
(b) Centre for Onl i ne Res ol uti on of Di s putes ha vi ng i ts offi ce a t F -14, 3rd Cros s , Ma nya ta Res i dency,
Ma nya ta Tech Pa rk, Benga l uru – 560045
(c) The Centre for Al terna ti ve Di s pute Res ol uti on Excel l ence ha vi ng i ts offi ce a t 107C,Mul berry W oods ,
Ja na tha Col ony, Ca rmel era m Sta ti on Roa d, Dodda ka nnel i , Benga l uru -560035.
(d) ADR E-Sa rva tra Pri va te Li mi ted ha vi ng i ts offi ce a t 63, Pa l a ce Roa d, Va s a nth Na ga r, Benga l uru -
560052
(e) Any a rbi tra l i ns ti tuti on des i gna ted under the provi s i ons of the Arbi tra ti on or Conci l i a ti on Act, 1996
(“the Act”) or a ny pa nel of a rbi tra tors ma i nta i ned under the provi s i ons of tha t Act.
Herei na fter referred to a s (“Institution”) i n a ccorda nce wi th the rul es of the Ins ti tuti on a s preva i l i ng a nd
a s a mended from ti me to ti me.

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 The a rbi tra ti on proceedi ngs s ha l l be ba s ed on documents onl y whi ch s ha l l be conducted through
excha nge of e-ma i l a nd/or a ny other mode of el ectroni c communi ca ti on a s permi tted by the rul es of the
Ins ti tuti on or through a n onl i ne di s pute res ol uti on by the web porta l offered by the Ins ti tuti on. The
pa rti es hereby a gree tha t the a rbi tra l proceedi ng s ha l l be conducted i n el ectroni c mode a nd a l l pl ea di ngs
a nd documents wi l l be excha nged el ectroni ca l ly. There s ha l l be no i n -pers on a nd/or ora l hea ri ngs except
i n certa i n excepti ona l ci rcums ta nces a s the s ol e a rbi tra tor ma y deem fi t upon the reques t of ei ther of the
pa rti es . In s uch i ns ta nces , the hea ri ngs s ha l l be conducted vi rtua l l y a t the s ol e di s creti on of the a rbi tra tor.
The s ea t of a rbi tra ti on for a l l purposes s ha l l be a t Chenna i . The l a ngua ge of a rbi tra l proceedi ngs s ha l l be
Engl i s h.
In the event the a rbi tra tor to whom the ma tter i s ori gi na lly referred, res i gns or di es or i s una bl e to a ct for
a ny rea s on, the Ins ti tuti on s ha l l a ppoi nt a nother pers on i n hi s /her pl a ce to a ct a s a rbi tra tor who s ha l l
proceed wi th the reference from the s ta ge a t whi ch i t wa s l eft by hi s /her predeces s or.
The a rbi tra tor s o a ppoi nted s ha l l ha ve the power to pa s s a n a wa rd a nd a l s o to pa s s i nteri m
orders /di recti ons a s ma y be a ppropri a te to protect the i nteres t of the pa rti es pendi ng res ol uti on of the
di s pute. A certi fi ed copy of the a wa rd pa s s ed by the a rbi tra tor, a di gi ta l l y s i gned copy of the s a me or a
s ca n copy of the s a me s ha l l be s ent to the pa rti es through e-ma i l or a ny other el ectroni c mode i ncl udi ng
the web porta l a s the Ins ti tuti on deems fi t whi ch s ha l l be cons i dered a s a s i gned copy.
Al l noti ces , proces s es a nd communi ca ti ons between the pa rti es wi th res pect to the a rbi tra ti on
proceedi ngs s ha l l be through e-ma i l or a ny other mode of communi ca ti on permi tted by the Ins ti tuti on
notwi ths ta ndi ng the noti ce cl a us e conta i ned i n the Agreement whi ch s ha l l conti nue to a ppl y to a l l other
communi ca ti ons between the pa rti es .
It s ha l l be the res pons i bi l i ty of the Lender a nd Borrower(s ) to ma i nta i n s uffi ci ent s pa ce i n the e-ma i l
a ccount a nd/or i n a ny other mode of el ectroni c a ccount(s ) a nd a l s o to ha ve s upporti ng
a ppl i ca ti ons /s oftwa re i n thei r computer/mobi l e/a ny other el ectroni c devi ce to a cces s the el ectroni c
documents s ent to them. It s ha l l a l s o be the res pons i bi l i ty of the Lender a nd Borrower(s ) to s a ve the
ema i l s i n the a ddres s book. The del i very of ema i l s to s pa m, prom oti on, etc., s ha l l a l s o be a deemed
del i very.
The courts a t Chenna i s ha l l ha ve excl us i ve juri s di cti on i n res pect of ma tters a ri s i ng under thi s Agreement
i ncl udi ng a ny a ppl icati on for s etti ng a s i de the a wa rd/a ppea l a nd the Lender/ Borrower(s ) s ha l l not object
to s uch juri s di cti on. The a rbi tra ti on s ha l l be conducted under the provi s i ons of the Arbi tra ti on a nd
Conci l i a ti on Act, 1996 together wi th i ts a mendments , a ny s ta tutory modi fi ca ti ons or re -ena ctment
thereof for the ti me bei ng i n force. The a wa rd of the a rbi tra tor s ha l l be fi na l a nd bi ndi ng on a l l pa rti es
concerned. The cos t of a rbi tra ti on s ha l l be borne by the Borrower.

11. Jurisdiction

Subject to Cl a us e 10 a bove, the Pa rti es hereto a gree tha t a l l di s putes a ri s i ng out of a nd/or i n rel a ti on to
thes e Terms a nd Condi ti ons , s ha l l be s ubject to excl us i ve juri s di cti on of the courts /tri buna l s a t Chenna i . The
Lender ma y, however, i n i ts a bs ol ute di s creti on commence a ny l ega l a cti on or proceedi ngs a ri s i ng out of
thes e Terms a nd Condi ti ons i n a ny oth er court, tri buna l or other a ppropri a te forum a nd the Borrower hereby
cons ents to tha t juri s di cti on.

12. Miscellaneous Term s

(a ) Thi s Terms a nd Condi ti ons i s the Speci fi c Agreement a s referred to i n the Ma s ter T&Cs .
(b) The Borrower hereby a gree tha t thi s i s a l ega l l y bi ndi ng document between the Borrower a nd the
Lender.

Loan details section

Type of Charges Charges

Non Refunda bl e Proces s i ng
____% of the Fa ci l i ty a mount
Cha rges
Pa yment Ins trument Rs . 550/-
s wa ppi ng

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Di s honour Cha rges
Ma nda te rejecti on s ervi ce
cha rges
Annua l Ma i ntena nce
Cha rges (Dropl i ne fa ci l ity)
Ca ncel l a ti on cha rges
Dupl i ca te Repa yment
Schedul e
Dupl i ca te NOC
Outs ta ti on col l ecti on
cha rges
Sta tement of Account (SOA)
Forecl os ure Letter Cha rge
Addi ti ona l Interes t /Pena l
i nteres t/ Overdue cha rges /
l a te pa yment cha rges
Lega l cha rges
Part Prepaym ent /
Prepaym ent / Foreclosure
Charges
IP Address:47.29.167.64:53180 Date & Time: 22-08-2022 15:46:28
Rs . 600/- for every Cheque/ Pa yment Ins trument Di s honour
Rs . 450/-
(Cha rges wi l l be l evi ed i f new ma nda te form i s not regi s tered wi thi n 30 da ys from
the da te of rejecti on of previ ous ma nda te form by Borrower’s ba nk for a ny
rea s ons wha ts oever.)
0.25% or Rs .1000/- whi chever i s hi gher per yea r wi l l be l evi ed a t the end of the
th
13 month a nd a nnua l l y therea fter.
2% of the Fa ci l i ty a mount
OR
Rs . 5750/-
W hi chever i s hi gher
Rs . 550/-
Rs . 550/-
Rs .100 /- + GST per repa yment i ns trument
Cus tomer porta l – Ni l
Bra nch wa l k i n – Rs . 250 /-
Cus tomer porta l – Ni l
Bra nch wa l k i n - Rs 199/-
Up to 2.00% per month over a nd a bove the preva i l i ng i nteres t ra te
As per a ctua l s
Lock-in Period: 12 months from the da te of fi rs t di s burs ement
Part Prepaym ent:
(a ) Pa rt Prepa yment i s a l l owed once per yea r a nd the mi ni mum ga p
between two pa rt prepa yments to be s i x months .
(b) A ma xi mum of 25% of the pri nci pa l outs ta ndi ng i s a llowed by wa y of pa rt
prepa yment duri ng a s i ngl e yea r.
(c) A pa rt prepa yment cha rges of 2.5% + a ppl i cable ta xes s ha l l be a ppl i ca ble
on a mount over a nd a bove 25% of pri nci pa l outs ta nding
(d) No pa rt pa yment i s a l l owed duri ng the Lock-i n peri od
(e) Mi ni mum Pa rt prepa yment a mount to be grea ter tha n or equa l to 2
months EMI.
Foreclosure charges on the Initial Facility:
(a ) 4.5% on the pri nci pal outs ta nding a t the ti me of forecl os ure + GST
(b) In ca s e the Borrower forecl os es the Fa ci l i ty wi thi n 12 months a fter doi ng
pa rt prepa yment, forecl os ure cha rges of 4.5% + Appl i ca bl e ta xes wi l l be
l evi ed on the pri nci pal outs ta nding pl us pa rt prepa yment a mount.
(c) Any prepayment/foreclosure made during the Lock-in period will
attract additional 2% over and above the prepayment/foreclosure
charges mentioned in (a) above + applicable taxes on the principal
outstanding a t the ti me of forecl os ure
 Foreclosure charges on Top Up/Additional Facility:

(a ) 2.50% on the pri nci pa l outs ta ndi ng a t the ti me of forecl os ure + GST
(b) Forecl os ure cha rges s ha l l be l evi ed onl y i f new ra te i s l ower tha n exi s ti ng
ra te.
(c) Any prepayment /foreclosure made during the Lock-in Period will
attract prepayment/foreclosure charges of 4.5% + applicable taxes
on the principal outstanding
Foreclosure Charges in Dropline Facility:
(a ) 4.5% on the Dropped down l i mi t a mount + GST
(b) Any prepa yment /forecl os ure ma de duri ng the Lock -i n Peri od wi l l a ttra ct
a ddi ti ona l 2% over a nd a bove the prepa yment/forecl os ure cha rges
menti oned i n (a ) a bove + a ppl i cable ta xes on the Dropped down l i mi t
Other cha rges As s ti pulated i n th e Mo st I mp ortant Te rms & Co n d itions a nd as a men ded fro m tim e to
ti m e
(GST, other Government taxes and levies as applicable, will be levied on all fees and charges)

Sr. No. Conditions Relevant provisions Timelines

of the T&Cs
(a) End use certificate shall be Clause 2(C)(i) Within 30 days
provided by the Borrower to the
Lender
(b) Fresh Payment Instruments shall Clause 5.14 and/or Within 7 days
be delivered by the Borrower to Clause 5.18
the Lender
(c) TDS certificate in the Form No. 16A Clause 5.25.5 Within 45 days from
of the IT Act downloaded from the the end of the relevant
TDS Reconciliation Analysis and quarter in which tax is
Correction Enabling System deducted and within 75
(“TRACES”) website shall be days from the end of
provided by the Borrower to the the last quarter of the
Lender financial year
(d) An amount equivalent to the TDS Clause 5.25.5 Within 90 days
amount paid by the Borrower shall
Ti mel i nes be refunded to the Borrower by
the Lender upon receipt of the TDS
certificate and subject to
compliance with the conditions
stipulated in the relevant provision
of the T&Cs

(e) TDS refund claim will not be Clause 5.25.6 after the 30 days of the
entertained by the Lender succeeding financial
year
(f) Credit of the TDS amount may be Clause 5.25.9 not later than 60 days
requested by the Borrower by of the succeeding
furnishing of the TDS certificate financial year
(g) Joint and several liability of the Clause 11 within 15 days from the
Borrower to indemnify and keep date of demand
the Indemnified Person(s)
indemnified and harmless

Notes

 The fees /cha rges i ndi ca ted a bove a re s ubject to revi s i on a t Lender’s di s creti on from ti me to ti me.
 In ca s e of Fi xed Loa ns , the Forecl os ure/ Pa rt pa yment norms wi l l be a ppl i ca ble a s per the s ta tus of
the l oa ns a s on da y.
 In ca s e of Semi -Fi xed Loa ns (fi xed for i ni ti a l peri od a nd then fl oa ti ng), the Forecl os ure/ Pa rt
pa yment norms wi l l be a ppl i ca ble a s per the s ta tus (fi xed/fl oa ti ng) of the l oa ns a s on da y.

IP Address:47.29.167.64:53180 Date & Time: 22-08-2022 15:46:28