Business Loan Facility: Application Form

BUSINESS LOAN
FACILITY
Prospect No. SL5134283
Lendingkart Application ID LAI-119682517
Borrower Name ARIF ALI
Sanction Amount 10,28,000

Rate of Interest 25.98% per annum
Tenure 36 months
Branch / City NOIDA

www.iifl.com
version 01/2023
APPLICATION
Page 1 of 40
FORM
APPLICATION FORM
For Office Use Only CKYC No. : NA
Date of Application 21st September, 2023 Prospect No. / Loan ID: SL5134283 Tenure (Months): 36 months
Loan Amount : 10,28,000.00 Purpose: Business Expansion

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
Name of Borrower : ANAM AFREEN GARMENTS
Date of Incorporation: 21-01-2020 Registered since (MM/YYYY): 01/2020

Principal office address / Place of Business: A 08 SECTOR 58 NOIDA GAUTAM BUDDHA NAGAR UTTAR PRADESH 201301
Permanent office Address: A 08 SECTOR 58 NOIDA GAUTAM BUDDHA NAGAR UTTAR PRADESH 201301
Telephone (office): 8010687503
GST: 09DAWPA0123D1Z2
E-mail Address: Rudhragarv@gmail.com
PAN:
DETAILS OF PROPRIETOR / MANAGING PARTNER/ MANAGING DIRECTOR
Full Name: ARIF ALI

Relation with Applicant:Proprietor
Applying as Co-Borrower: Yes No

Father Name/ Spouse Name:SHER ALI
Date of Birth: 25th June, 1990
Gender:Male
Marital Status: Married
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
Current Residence Address: H NO 15 BISHANPURA SECTOR 58, NOIDA, UTTAR PRADESH - 201301
Permanent Residence Address : H NO 15 BISHANPURA SECTOR 58, NOIDA, UTTAR PRADESH - 201301
Mobile No: 8010687503

PAN:DAWPA0123D
This is a computer- generated document
Name: ARIF ALI

Signed Using: 8010687503
Date: 21st September, 2023
Borrower Signature
Page 2 of 40
DETAILS OF THE ACCOUNT FOR DISBURSEMENT
Name of Bank: UNION BANK OF INDIA

Account Holder Name: ANAM AFREEN GARMENTS
Account Number:697801010050360
AccountType: Current account
IFSC Code:UBIN0569780
Nature of Facility Business Loan
Loan Amount 10,28,000.00
Tenure (Month) 36 months
Rate of Interest (p.a.) 25.98%
Repayment Frequency/ Start Date 03/11/2023
Mode of Payment NACH/E-Nach/PDC
Processing Fees + GST (non-refundable) 43,117.00
Insurance Amount Incl. GST (in Rupees) NIL
SCHEDULE OF CHARGES
Cheque / ACH Return Charges 500/-
Penal/Default Interest/ Duplicate Amortization 24% p.a.
7 days
Cooling off/look-up period during which borrower shall not be
charged any penalty on prepayment of loan
Prepayment / Foreclosure Charges

1. In the event the Borrower wishes to voluntarily prepay the
Facility in part or in full, it shall make a written request to the
Lender at least 15 Business Days prior to the intended date of
prepayment. The Lender may, at its sole discretion, allow or
disallow the request of the Borrower.
2. The prepayments under the Facility shall be subject top
repayment charges as specified below:
Prepayment/ Foreclosure
Period
Charges
7% of the outstanding loan

Within 6 months from the
amount together with applicable
date of first drawdown
taxes.
On and from the 7th 5% of the outstanding loan

month and up till amount together with applicable
24th month from the date taxes.
of first drawdown
4% of the outstanding loan

after 24 months from date
amount together with applicable
of first drawdown
taxes.
Page 3 of 40
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
Page 4 of 40
DECLARATION
1. 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.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
7. 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.
8. 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).
This is a computer- generated document
Page 5 of 40
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.
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
Name: ARIF ALI

Borrower Signature
Key Fact Statement/Sanction Letter

Page 6 of 40
Key Fact Statement/Sanction Letter
To,
ARIF ALI
(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 con firmation 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.
Sr no Parameter Details (Amounts in INR)
i. Loan amount (amount disbursed/to be disbursed to the Borrower) 10,28,000.00
ii. Total interest charge during the entire tenure of the loan 4,62,687.97
iii. Other up-front charges (break-up of each component to be given below) 36,539.8
(a) Processing fees (Exclusive of GST) 30,839.8
(b) Insurance charges NIL
(c) Document charges (Exclusive of GST) 5,700.0
(d) Pre-EMI as applicable wrt disbursement date
(iv) Net Disbursed Amount ((i)-(iii)) 9,91,460.2
(v) Rate of Interest 25.98 % p.a
(vi) Total amount to be paid by the Borrower (sum of (i), (ii) and (iii)) 15,27,227.77
(vii) Annual Percentage Rate – Effective annualized interest rate (in percentage) (computed 28.74 %
on net disbursed amount using IRR approach and reducing balance method)
(viii) Charges/ fees for the other products availed by the Borrower 36,809.2
(a) Financial Health Report (FHR) 0
(b) Medibuddy 1,000
(c) Card Protection Plan (CPP) 1,599
(d) Insurance Premium 27,633.00
(e) Other Charges - GST on PF and Document Charges 6,577.200000000001
(ix) Disbursement amount ((iv) – (viii)) 9,54,651.0
(x) Tenor of loan (in months/days) 36
(xi) Repayment frequency by the borrower Monthly
(xii) Number of instalments of repayment 36
(xiii) Amount of each instalment of repayment 41,408.00
Details about the contingent charges
(xiv) Rate of annualized penal charges in case of delayed payments (if any) 24% p.a
(xv) NACH/e-mandate bounce charges 500/-
(xvi) Rate of annualized other penal charges (if any); (details to be provided) NA
Page 7 of 40
Other disclosures
(xvii) Purpose of loan Business Expansion
(xviii) Cooling off/look-up period during which borrower shall not be charged any penalty on 7 days
prepayment of loan
(xix) Details of LSP acting as recovery agent and authorized to approach the borrower Details available in below link
- https://www.lendingkart.com/wp-
content/uploads/2022/09/Recovery-
agents.pdf
(xx) Name, designation, address, and phone number of nodal grievance redressal officer Designation: Nodal Officer
designated specifically to deal with FinTech/ digital lending related complaints/ issues 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/finance/grievance-redressal-
procedure
Name: Ms. Ajitha K

Designation: Senior Director - Customer
Service
Lendingkart Finance Limited, 6th Floor,
B Block, The First, The First Avenue
Road, Behind Keshavbaug Party Plot,
Vastrapur, Ahmedabad – 380 015.
Contact Number: +91- 6358874622
[CV|N2] - 10.30 am to 6.00 pm Monday
to Friday except National Holidays
Email ID: grievance.
redressal@lendingkart.com
*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: ARIF ALI

Borrower Signature
Page 8 of 40
1. In the event the Borrower wishes to voluntarily prepay the Facility

in part or in full, it shall make a written request to the Lender at least 15
Business Days prior to the intended date of prepayment. The Lender
may, at its sole discretion, allow or disallow the request of the Borrower.
2. The prepayments under the Facility shall be subject top repayment
charges as specified below:
Prepayment/
Period Foreclosure
Charges
7% of the
outstanding
loan amount
Within 6 months from the date of first drawdown together
with
applicable
taxes.
5% of the
outstanding
loan amount
On and from the 7th month and up till
together
24th month from the date of first drawdown
with
applicable
taxes.
4% of the
outstanding
loan amount
after 24 months from date of first drawdown together
with
applicable
taxes.
Page 9 of 40
ANNEXURE - I
S No. Date Opening Principal Rs. EMI Amount Interest Amount Rs. Principal Amount Rs. Closing Principal Amount Rs.
1 03/11/2023 10,28,000 41,408 22,257 19,152 10,08,848

2 03/12/2023 10,08,849 41,408 21,842 19,567 9,89,282
3 03/01/2024 9,89,282 41,408 21,419 19,990 9,69,292
4 03/02/2024 9,69,293 41,408 20,986 20,423 9,48,870
5 03/03/2024 9,48,870 41,408 20,544 20,865 9,28,005
6 03/04/2024 9,28,005 41,408 20,092 21,317 9,06,688
7 03/05/2024 9,06,688 41,408 19,630 21,778 8,84,910
8 03/06/2024 8,84,911 41,408 19,159 22,250 8,62,661
9 03/07/2024 8,62,662 41,408 18,677 22,732 8,39,930
10 03/08/2024 8,39,930 41,408 18,185 23,224 8,16,706
11 03/09/2024 8,16,707 41,408 17,682 23,727 7,92,980
12 03/10/2024 7,92,980 41,408 17,169 24,240 7,68,740
13 03/11/2024 7,68,741 41,408 16,644 24,765 7,43,976
14 03/12/2024 7,43,976 41,408 16,108 25,301 7,18,675
15 03/01/2025 7,18,676 41,408 15,560 25,849 6,92,827
16 03/02/2025 6,92,828 41,408 15,000 26,409 6,66,419
17 03/03/2025 6,66,419 41,408 14,429 26,980 6,39,439
18 03/04/2025 6,39,439 41,408 13,845 27,564 6,11,875
19 03/05/2025 6,11,875 41,408 13,248 28,161 5,83,714
20 03/06/2025 5,83,715 41,408 12,638 28,771 5,54,944
21 03/07/2025 5,54,944 41,408 12,015 29,394 5,25,550
22 03/08/2025 5,25,551 41,408 11,379 30,030 4,95,521
23 03/09/2025 4,95,521 41,408 10,729 30,680 4,64,841
24 03/10/2025 4,64,841 41,408 10,064 31,344 4,33,497
25 03/11/2025 4,33,497 41,408 9,386 32,023 4,01,474
26 03/12/2025 4,01,474 41,408 8,693 32,716 3,68,758
27 03/01/2026 3,68,759 41,408 7,984 33,425 3,35,334
28 03/02/2026 3,35,334 41,408 7,261 34,148 3,01,186
29 03/03/2026 3,01,187 41,408 6,521 34,888 2,66,299
30 03/04/2026 2,66,300 41,408 5,766 35,643 2,30,657
31 03/05/2026 2,30,658 41,408 4,994 36,415 1,94,243
32 03/06/2026 1,94,243 41,408 4,206 37,203 1,57,040
33 03/07/2026 1,57,041 41,408 3,401 38,008 1,19,033
34 03/08/2026 1,19,033 41,408 2,578 38,831 80,202
35 03/09/2026 80,202 41,408 1,737 39,672 40,530
36 03/10/2026 40,531 41,408 878 40,531 0
Name: ARIF ALI

Borrower Signature
Page 10 of 40
Loan Terms And Conditions
The person(s) named in the Key Fact Statement hereto (hereinafter referred to as the "Schedule" ) being borrowers and coborrowers,
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:
1. IS AT LEAST 18 YEARS OF AGE,

2. CAN UNDERSTAND, READ AND WRITE IN THE ENGLISH LANGUAGE,
3. HAS READ AND UNDERSTOOD THE LOAN TERMS AND CONDITIONS IN RELATION TO THE LOAN AND
4. THE BORROWER AGREES TO BE BOUND BY SUCH LOAN TERMS AND CONDITIONS CONTAINED HEREIN BELOW IN
RELATION TO THELOAN.
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 nonbusiness 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.
Page 11 of 40
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 speci fied 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 bene ficiary 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:
*Overdue amount means EMI Amount (Principal + Interest)
CLASSIFICATION DPD EXAMPLE

BUCKET
RANGE
Standard
SMA – 0 Upto 30 If due date of a loan amount is March 31, 2021 and full dues are not received before the
days 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 Continuing from above, if the account continues to remain overdue, then it shall get
30 days & tagged as SMA – 1 upon running day-end process on April 30, 2021 i.e. upon completion
Upto 60 of 30 days of being continuously overdue
days
SMA – 2 More than Continuing from above, if the account continues to remain overdue, it shall get tagged as
60 days & SMA – 2 upon running day-end process on May 30, 2021 i.e. upon completion of 60 days
Upto 90 of being continuously overdue
days
Non-Performing More than Continuing from the above, if it continues to remain overdue further, it shall get classified
Asset (NPA) 90 days as NPA upon running day-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.
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 e ffect 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:
Page 12 of 40
Security:
9. The Borrower shall furnish and create such security from time to time in favour of or for the bene fit 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. he 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 e ffect 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
Page 13 of 40
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,:
a. 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 forthwiththereupon, in which event the Borrower shall be liable to forthwith pay to IIFL the entire Outstanding
Balance;
b. 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 treatyor public auction or otherwise, with or without the intervention of any Court/ tribunal;
c. to exercise, initiate and pursue any action, rights, notices, remedies, any proceedings (including litigation), whether civil, criminal or
otherwise in nature, and includingfor 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 di
fferent 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 di fferent 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 speci fic 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 fi
rst 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:
Page 14 of 40
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/ a ffiliates/ 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 veri fication, 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. It shall be the sole responsibility of the Borrower to provide IIFL with the correct GST registration number at the time of on-boarding. Further,
IIFL will not be responsible for the verification of GSTIN and loss of credit arising on account of furnishing incorrect GST registration number
to IIFL. In case the Borrower fails to furnish a GST registration number, the Party will be treated as "Unregistered"
23. 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 serviceprovider, 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/herresidence 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.
24. 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.
Page 15 of 40
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:
25. 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 e ffect 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
26. 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.
27. 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.
28. 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.
29. 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.
30. 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/finance/grievance-redressal-procedure
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/finance/grievance-redressal-procedure
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)
Page 16 of 40
Accepted by IIFL (This is a system generated Letter and does not need any signature by authorised signatory)
Borrower/Co-Borrower/Guarantor
accepted, confirmed and declared all the clauses 1 to 30 of "Loan Terms
Name: ARIF ALI and Conditions" document, the Schedule, all and have affixed their
Signed Using: 8010687503 signatures/e-signatures at the end of the Schedule.
Borrower Signature
Page 17 of 40
Loan Details
Sr no Parameter Details (Amounts in INR)
i. Loan amount (amount disbursed/to be disbursed to the Borrower) 10,28,000.00
ii. Total interest charge during the entire tenure of the loan 4,62,687.97
iii. Other up-front charges (break-up of each component to be given below) 36,539.8
(a) Processing fees (Exclusive of GST) 30,839.8
(b) Insurance charges NIL
(c) Document charges (Exclusive of GST) 5,700.0
(d) Pre-EMI as applicable wrt disbursement date
(iv) Net Disbursed Amount ((i)-(iii)) 9,91,460.2
(v) Rate of Interest 25.98 % p.a
(vi) Total amount to be paid by the Borrower (sum of (i), (ii) and (iii)) 15,27,227.77
(vii) Annual Percentage Rate – Effective annualized interest rate (in percentage) (computed 28.74 %
on net disbursed amount using IRR approach and reducing balance method)
(viii) Charges/ fees for the other products availed by the Borrower 36,809.2
(a) Financial Health Report (FHR) 0
(b) Medibuddy 1,000
(c) Card Protection Plan (CPP) 1,599
(d) Insurance Premium 27,633.00
(e) Other Charges - GST on PF and Document Charges 6,577.200000000001
(ix) Disbursement amount ((iv) – (viii)) 9,54,651.0
(x) Tenor of loan (in months/days) 36
(xi) Repayment frequency by the borrower Monthly
(xii) Number of instalments of repayment 36
(xiii) Amount of each instalment of repayment 41,408.00
Details about the contingent charges
(xiv) Rate of annualized penal charges in case of delayed payments (if any) 24% p.a
(xv) NACH/e-mandate bounce charges 500/-
(xvi) Rate of annualized other penal charges (if any); (details to be provided) NA
Other disclosures
(xvii) Purpose of loan Business Expansion
(xviii) Cooling off/look-up period during which borrower shall not be charged any penalty on 7 days
prepayment of loan
Page 18 of 40
(xix) Details of LSP acting as recovery agent and authorized to approach the borrower Details available in below link
- https://www.lendingkart.com/wp-
content/uploads/2022/09/Recovery-
agents.pdf
(xx) Name, designation, address, and phone number of nodal grievance redressal officer Designation: Nodal Officer
designated specifically to deal with FinTech/ digital lending related complaints/ issues 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/finance/grievance-redressal-
procedure
Name: Ms. Ajitha K

Designation: Senior Director - Customer
Service
Lendingkart Finance Limited, 6th Floor,
B Block, The First, The First Avenue
Road, Behind Keshavbaug Party Plot,
Vastrapur, Ahmedabad – 380 015.
Contact Number: +91- 6358874622
[CV|N2] - 10.30 am to 6.00 pm Monday
to Friday except National Holidays
Email ID: grievance.
redressal@lendingkart.com
*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: ARIF ALI
Borrower Signature
Page 19 of 40

1. In the event the Borrower wishes to voluntarily prepay the Facility
in part or in full, it shall make a written request to the Lender at least 15
Business Days prior to the intended date of prepayment. The Lender
may, at its sole discretion, allow or disallow the request of the
Borrower.
2. The prepayments under the Facility shall be subject top repayment
charges as specified below:
Prepayment/
Period Foreclosure
Charges
7% of the
outstanding
loan amount
Within 6 months from the date of first drawdown together
with
applicable
taxes.
5% of the
outstanding
loan amount
On and from the 7th month and up till
together
24th month from the date of first drawdown
with
applicable
taxes.
4% of the
outstanding
loan amount
after 24 months from date of first drawdown together
with
applicable
taxes.
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)
Application for disbursement through RTGS/NEFT

Page 20 of 40
Application for disbursement through RTGS/NEFT
(Real Time Gross Settlement / National Electronic Fund Transfer)

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:

Bank Account Details
Bank's Account Holder Name ANAM AFREEN GARMENTS
Account Number 697801010050360
Bank Name UNION BANK OF INDIA
Branch KHODA COLONY
IFSC Code UBIN0569780
Yours Sincerely,
Name: ARIF ALI

Borrower Signature
*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 /
Page 21 of 40
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)
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.
Name: ARIF ALI

Borrower Signature
Confirmation of Mailing Address

Page 22 of 40
Confirmation of Mailing Address
To
IIFL Finance Limited (IIFL)
Branch
Subject: Confirmation of mailing address for

I ARIF ALI 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) (Current address)
A 08 SECTOR 58 NOIDA GAUTAM BUDDHA NAGAR UTTAR PRADESH 201301
Permanent address (Provide full address)
HAIDAR ALI ADARSH COLONY KHORA GHAZIABAD GAUTAM BUDDHA NAGAR UTTAR PRADESH 201309
Further I declare that I do not have any proof of my current address. I am submitting as 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.
Name: ARIF ALI

Borrower Signature
BORROWER ACKNOWLEDGMENT AND CONFIRMATION:

Page 23 of 40
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.
Page 24 of 40
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.
28. The Customer has submitted true and correct Identity document/s clearly stating the Full Name and Signature for availing a loan facility from the
Company;
29. The Customer has submitted true and correct Identity document/s clearly stating the Date of Birth and Signature for availing a loan facility from
the Company.
30. The Customer shall promptly inform and intimate the Company in case of any change or inaccuracy in the information and/or the Identity
document/s provided to the Company and shall furnish the correct documents, if any.
31. The Customer has submitted Identity document/s specifying two different Names and solely assumes full liability and responsibility for the
same;
32. The Customer has submitted Identity document/s specifying two different Date of Birth and solely assumes full liability and responsibility for the
same;
33. Further, the Customer is solely liable for any disputes or litigation arising in this regard and irrevocably undertakes to indemnify the Company in
such event
34. This declaration undertaking shall be applicable and binding on the Customer, their heirs, successors, legal representatives, assigns, agents and
who so ever derives the title through us.
35. 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.
Name: ARIF ALI

Borrower Signature
Page 25 of 40
ANNEXURE - I
S No. Date Opening Principal Rs. EMI Amount Interest Amount Rs. Principal Amount Rs. Closing Principal Amount Rs.
1 03/11/2023 10,28,000 41,408 22,257 19,152 10,08,848

2 03/12/2023 10,08,849 41,408 21,842 19,567 9,89,282
3 03/01/2024 9,89,282 41,408 21,419 19,990 9,69,292
4 03/02/2024 9,69,293 41,408 20,986 20,423 9,48,870
5 03/03/2024 9,48,870 41,408 20,544 20,865 9,28,005
6 03/04/2024 9,28,005 41,408 20,092 21,317 9,06,688
7 03/05/2024 9,06,688 41,408 19,630 21,778 8,84,910
8 03/06/2024 8,84,911 41,408 19,159 22,250 8,62,661
9 03/07/2024 8,62,662 41,408 18,677 22,732 8,39,930
10 03/08/2024 8,39,930 41,408 18,185 23,224 8,16,706
11 03/09/2024 8,16,707 41,408 17,682 23,727 7,92,980
12 03/10/2024 7,92,980 41,408 17,169 24,240 7,68,740
13 03/11/2024 7,68,741 41,408 16,644 24,765 7,43,976
14 03/12/2024 7,43,976 41,408 16,108 25,301 7,18,675
15 03/01/2025 7,18,676 41,408 15,560 25,849 6,92,827
16 03/02/2025 6,92,828 41,408 15,000 26,409 6,66,419
17 03/03/2025 6,66,419 41,408 14,429 26,980 6,39,439
18 03/04/2025 6,39,439 41,408 13,845 27,564 6,11,875
19 03/05/2025 6,11,875 41,408 13,248 28,161 5,83,714
20 03/06/2025 5,83,715 41,408 12,638 28,771 5,54,944
21 03/07/2025 5,54,944 41,408 12,015 29,394 5,25,550
22 03/08/2025 5,25,551 41,408 11,379 30,030 4,95,521
23 03/09/2025 4,95,521 41,408 10,729 30,680 4,64,841
24 03/10/2025 4,64,841 41,408 10,064 31,344 4,33,497
25 03/11/2025 4,33,497 41,408 9,386 32,023 4,01,474
26 03/12/2025 4,01,474 41,408 8,693 32,716 3,68,758
27 03/01/2026 3,68,759 41,408 7,984 33,425 3,35,334
28 03/02/2026 3,35,334 41,408 7,261 34,148 3,01,186
29 03/03/2026 3,01,187 41,408 6,521 34,888 2,66,299
30 03/04/2026 2,66,300 41,408 5,766 35,643 2,30,657
31 03/05/2026 2,30,658 41,408 4,994 36,415 1,94,243
32 03/06/2026 1,94,243 41,408 4,206 37,203 1,57,040
33 03/07/2026 1,57,041 41,408 3,401 38,008 1,19,033
34 03/08/2026 1,19,033 41,408 2,578 38,831 80,202
35 03/09/2026 80,202 41,408 1,737 39,672 40,530
36 03/10/2026 40,531 41,408 878 40,531 0
Name: ARIF ALI

Borrower Signature
Page 26 of 40
Insurance Declaration
The Customer Declares, Affirms and Undertakes that:
I ANAM AFREEN GARMENTS do hereby authorize you to pay directly to Master Policy Holder towards my outstanding dues against the
loan borrowed vide loan account no SL5134283 from Master Policy Holder out of the claim proceeds or premium refunds under Policy
issued against Customer ID respective Insurance Company.
Name: ARIF ALI

Borrower Signature
Page 27 of 40
Page 28 of 40
Annexure - Aegon Life Group Credit Protection Insurance Plan
A Non-linked Non-Participating Group Pure Risk Premium Credit Life Insurance Plan
(UIN: 138N079V01)
Channel Code: _________________________ Policy No: LENDQA000000002

Regulated Other
Type of Entity Entity Entity
MEMBER ENROLMENT FORM
IMPORTANT NOTES to the Borrower/Joint-Borrower
1. Please fill this form in BLOCK LETTERS and disclose all facts. Any correction or overwriting in this
form must be authenticated by you.
2. You are required to disclose ALL material facts and circumstances in this form, which shall form the
basis of the contract, otherwise the cover shall stand void at the option of the Company. If you are in
doubt, as to whether any of the facts and circumstances are material or not, you must disclose them
3. If the Borrower/Joint-Borrower signs this proposal in vernacular or puts their thumb impression upon
it, then the respective declaration must be completed
4. Answers should be legible. Questions should be answered in ‘Yes’ or ‘No’. (Strokes / Dots / Dashes /
leaving the questions unanswered will not be accepted). Details need to be provided in case of
affirmative answers.
5. All details marked with (*) are mandatory
SECTION A. PERSONAL DETAILS
Personal Details Borrower Joint Borrower
First Name _ARIF ALI____________ First Name _____________
A.1. Name* Last Name __ARIF____________ Last Name ______________
A.2. Gender* Male Female Transgender
A.3. DOB* 25/06/1990 DD/MM/YYYY
A.4. Marital status Single Married Widow (er) Single Married Widow (er)
Indian NRI Others Indian NRI Others
A.5. Nationality* (Specify)__________________ (Specify)__________________
A.6. PAN DAWPA0123D
Line 1 H NO 15 BISHANPURA Line 1
SECTOR 58
Line 2________________
A.7. Line 2________________
City
Communication CityNOIDA
Address Pin Code
Pin Code201301
State
State UTTAR PRADESH
Tel/Mobile No
Tel/Mobile No8010687503
Page 29 of 40
SECTION B. NOMINEE DETAILS
Beneficiary Relationship with
Name (First, Last) Date of Birth Age Gender % share
Type Borrower
B.1. Nominee
1
B.2.
Appointee(If
Nominee is
Minor)
Nominee 2
Appointee 2
(If Nominee
is Minor)
SECTION C. PLAN DETAILS

C.1. Loan 697801010050360
Account No
Home loan Auto Loan Personal Loan Education
C.2. Loan Type Loan
Others (Please specify: Business Loan)
C.3. Lives Single Life Joint Life
Covered
1. Life Cover
2. Life Cover plus Terminal Illness
3. Life Cover plus Terminal Illness plus Accidental Death
4. Life Cover plus Terminal Illness plus Accidental Total and Permanent Disability
C.4. Cover Type
5. Life Cover plus Terminal Illness plus Accidental Death plus Accidental Total
and Permanent Disability
6. Life Cover plus Terminal Illness plus Critical Illness
7. Life Cover plus Terminal Illness plus Critical Illness plus Accidental Death
C.5. Loan Amount Rs.10,28,000.00 C.6. Loan Term 3 yrs.
C.8. Interest
C.7. Moratorium Period ___________ yrs. accumulation during Yes No
Moratorium period
C.9. Cover Amount C.10. Instalment
Rs. 10,28,000.00 Rs. ____
(Initial Sum Assured) Premium (incl. GST)
C.12. Premium Payment __ Yrs __ Months
C.11. Policy term 3 years Term
Level Sum Assured
C.13. Frequency C.14. Sum Assured Type: Decreasing Sum
Assured
Note: Premium Payment Term, Premium Frequency and Type of Sum Assured is as per the scheme rules,
which is available with the policyholder.
Page 30 of 40
SECTION D. Other personal details (Required as per the plan chosen)
Personal Details Borrower Joint-Borrower

Business Service
Business Service
Professional Farmer
Professional Farmer
A.1. Occupation Student Salaried
Student Salaried
Others (Please
Others (Please specify)
specify) Business ___________
A.2. Education
A.3. Annual Income Rs. ___________ Rs. ___________
SECTION E. Questions on Health Declaration: (To be filled in, basis the board approved
underwriting policy)
Part A and/or B and/or C will be applicable as per our Board Approved Underwriting Policy:
Part A:
Questions Borrower Joint Borrower
Are you in sound health, are suffering/have not ever suffered
from any illness/disease (other than minor conditions like
common cold, flu etc.) and do not have any physical defect, Yes No Yes No
deformity or disability and that you are able to perform all
your routine activities independently?
Have you suffered from/diagnosed of COVID 19 disease Yes No Yes No
anytime in the past?
Have you been quarantined or been in close contact with
anyone who has been diagnosed positive for COVID-19 in the Yes No Yes No
last 14 days from the date of this proposal
Part B:
1)HEALTH and LIFESTYLE PARTICULARS Borrower Joint Borrower
1.1 Height ---- feet --- inches ---- feet --- inches
1.2 Weight ------ Kg ------ Kg
1.3.a) Do you consume alcohol? Yes No Yes No
If yes, please provide details
1.3.b) Have you smoked cigarettes/bidis or used any other
products containing tobacco/nicotine in last 1 year? If yes, Yes No Yes No
please provide details
Page 31 of 40
2.MEDICAL HISTORY OF THE LIFE TO BE INSURED
2.1Have you ever suffered/Are you suffering from any illness
/disease (other than minor conditions like common cold, flu Yes No Yes No
etc.) for which you had to seek/are currently undertaking
medical advice/treatment?
2.2 During the past 3 years, have you been advised or
undergone any surgery (other than dental, caesarean and
cosmetic surgery) or required treatment with an admission in Yes No Yes No
hospital/clinic for more than 3 days in continuation or
undergone any medical tests with abnormal results?
2.3 Are you taking/Have you been prescribed any regular
(daily/weekly/fortnightly/monthly) medication/treatment
/diagnosis for Cancer, elevated Blood pressure, elevated Blood Yes No Yes No
Sugar, elevated Cholesterol, Asthma, Chest Pain, HIV/AIDS,
Heart/Liver/Kidney disorders, Alcoholism, or any physical or
mental disability?
2.4 Have you suffered from/diagnosed of COVID 19 disease Yes No Yes No
anytime in the past?
2.5 Have you travelled outside of India in the last 45 days Yes No Yes No
from the date of this proposal
2.6 Have you been quarantined or been in close contact with
anyone who has been diagnosed positive for COVID-19 in the Yes No Yes No
last 14 days from the date of this proposal
*If the answer to any question above is “YES” then please give details ____
Part C:
Following questions will be applicable as per our Board Approved Underwriting Policy.
Block 1. PERSONAL DETAILS OF LIFE TO BE INSURED

1.1Habits and Personal details Borrower Joint Borrower
1.1a) Do you consume alcohol? Yes No Yes No
If yes, please provide details __________________
1.1b) Have you smoked cigarettes/bidis or used any other
products containing tabacco/nicotine in last 1 year? Yes No Yes No
If yes, please provide details___________________
1.2 Do you engage or intend to engage in any aerial flight
other than a fare- paying passenger on a commercial airline, Yes No Yes No
sports, races, business or occupation or any hobby of a
hazardous nature?
1.3 Has any of your applications for reinstatement for life,
health or accident insurance with Aegon Life Insurance
company, or any other insurance company, ever been declined, Yes No Yes No
deferred, withdrawn or accepted at extra premium or reduced
cover?
1.4 Has the life to be insured remained absent from his/her
place of work for more than 7 days, on health grounds or Yes No Yes No
claimed against his/her health insurance policies?
Page 32 of 40
2.Family History: did more than one of your biological
parents or siblings suffer from any medical condition before
they were 60 years? (E.g. diabetes, high blood pressure, Yes No Yes No
Angina, heart attack, any heart disorder, polycystic kidney
disease, cancer, etc.) If yes, please give details
3.Residential Status:
NRI/PIO
Resident Indian /OCI Yes No Yes No
If NRI/PIO/OCI please provide the city and
country of residence
Foreign Travel : Do you have any plans to Travel abroad? Yes No Yes No
Block 4. MEDICAL HISTORY OF THE LIFE TO BE INSURED

4.1. Height____________________ cms. Weight____________________kgs.
4.2. Have you ever been diagnosed, tested, consulted a doctor, hospitalized, treated or experienced
any of the below conditions?
Type of disorders Details Borrower Joint Borrower

/related to
High blood pressure/ Hypertension,
High cholesterol/Lipids, Heart attack
a) Blood Pressure /Chest pain, Heart disease, Heart
/cholesterol/Heart murmur, Palpitation, Rheumatic fever, Yes No Yes No
Disease any other disease or abnormality of
heart, Pulse or Arteries, Coronary
Bypass, Valve replacement, Angioplasty
Cancer, Tumor, Abnormal Growths,
b) Cancer/ Tumors Cyst, enlarged Lymph nodes, Leukemia,
Lymphoma, Polyp, or undergone
/Enlarged Lymph chemotherapy Yes No Yes No
or radiotherapy, Thyroid
Node / Cyst Disorder/Goiter, Pituitary Tumors or
other hormonal disorders
Disease of Kidney, Bladder, Urinary
system, Reproductive organs,
c) Kidneys Enlargement of Prostate, Renal Calculi
/Bladder/ Prostate /Stone, Gastrointestinal or liver
/Liver disorders, like Ulcer, Colitis, Chronic Yes No Yes No
/Reproductive Diarrhea, Piles, Fistula, Jaundice
organs disorder /Hepatitis, Hernia , Cirrhosis, Recurrent
indigestion, Other disease of liver,
stomach and bowels
d) Diabetes Diabetes/ Raised blood sugar/ Sugar in
/Elevated Blood Yes No Yes No
urine
Sugar
Page 33 of 40
Respiratory disorders like Asthma,
Tuberculosis/Shortness of breath
e) Respiratory or /Chronic cough/ Chronic Bronchitis, Yes No Yes No
Lung disorders Emphysema, Pneumonia, Other Chest
and lung complaints
Rheumatic Arthritis, Polio, Gout, Slip
f) Bone and Spine Disc, Osteopenia, Osteomyelitis or any
Disorder/Physical disease of the joints, bones, spine or Yes No Yes No
Deformity/Defects. muscles, Physical deformity/defect,
Congenital and Genetic disease
Nervous system disorders/ailments
related to Brain, Stroke, Transient
ischemic attack, Epilepsy, Paralysis,
g) Nervous or Fits/ Seizures, Coma, Head injury, dizzy
Psychiatric or fainting spells, Multiple sclerosis, Yes No Yes No
Disorder Any mental illness including Psychiatric
Disorder, Schizophrenia, Depression,
Anxiety, Stress, Nervous Breakdown or
Insomnia
Any disease or disorder of ear, nose,
h) ENT eyes or throat, including defective sight Yes No Yes No
or hearing and discharge from ears?
During last three years, has the life to be
insured consulted a Medical Practitioner
i) Yes No Yes No
for any ailment /injury requiring
treatment for more than 7 days?
During last three years, has the life to be
insured undergone any cardiological /
j) pathological or radiological tests, other Yes No Yes No
than routine testing for insurance or
employment?
HIV/AIDS/Hepatitis B or C/Sexually
k) Transmitted Diseases (applicable to you Yes No Yes No
and your spouse)
Any Other Illness/Disorder / Symptom
l) Yes No Yes No
not mentioned above
Have you suffered from/diagnosed of
COVID 19 disease anytime in the past?
Have you travelled outside of India in
the last 45 days from the date of this
m) Covid proposal Yes No Yes No
Questions Have you been quarantined or been in
close contact with anyone who has been
diagnosed positive for COVID-19 in the
last 14 days from the date of this
proposal
Page 34 of 40
n) FEMALE LIVES TO BE INSURED ONLY
i) Is the life to be insured pregnant now? Yes No Yes No
Has the life to be insured had any
ii) abortion or miscarriage or caesarian Yes No Yes No
section
If the answer to a) or b) above is “YES”
iii) Yes No Yes No
then please give details
*If the answer to any question above is “YES” then please give details ____
Declaration by the Borrower/Joint-Borrower

1. I/ We confirm that the answers I have given are, to the best of my knowledge, true, and that I have not
withheld any material information that may influence the assessment or acceptance of this application
2. I/ We understand that the information provided by me will form the basis of the insurance policy, is
subject to the Board approved underwriting policy of the Company and that the policy will come into
force only after full payment of the applicable premium .
3. I/ We further declare that I will notify in writing any change occurring in my occupation or general
health or financial position after the proposal has been submitted but before communication of the risk
acceptance by the Company.
4. I/ We declare and consent that the Company seeking medical information from any doctor or hospital
who/which at any time has attended on the person to be insured/proposer or from any past or present
employer concerning anything which affects the physical or mental health of the person to be insured
/proposer and seeking information from any insurer to whom an application for insurance on the person
to be insured /proposer has been made for the purpose of underwriting the proposal and/or claim
settlement.
5. I/ We authorize the Company to share information pertaining to my proposal including the medical
records of the insured/proposer for the sole purpose of underwriting the proposal and/or claims
settlement and with any Governmental and/or Regulatory authority.
6. I/We understand that any mis-statement or suppression or non-disclosure of material information
submitted or where the Company is not notified of any change as mentioned above, the Company
reserves the right to repudiate the claim or declare the policy void in accordance with Section 45 of the
Insurance Act.
7. I agree that the Insurance protection shall only be provided effective from the date of acceptance of
risk by the Company.
8. I declare that the premiums paid have not been generated from the proceeds of any criminal activities
/offences and I shall abide by and conform to the Prevention of Money Laundering Act 2002 or any
other applicable laws.
9. I declare that the Company has disclosed and explained all the information related to this product to
me and I declare that I have understood the same before signing this proposal form.
10. I hereby confirm that I have voluntarily provided my Contact details, including my telephone
number and Email address to the Company and I hereby consent to receiving information related to this
proposal and resulting policy, through SMS/Email as updated by me from time to time.
11. I hereby agree and authorize the Company that my contact details or other information may be
shared on confidential basis, with any service provider/third party agency with whom the Company has
tie- ups/arrangements for processing of this proposal or servicing of the resulting policy.
Page 35 of 40
12. I understand that The Company reserves the right to accept, decline or offer alternate terms on this
application for life insurance.
Signature/ Thumb Impression of Borrower Signature / Thumb Impression of Joint-Borrower
Signature/ Thumb Impression of Witness

Place
Date
Declaration to be submitted if the form is signed in vernacular or bears the thumb impression of
the Borrower/Joint-Borrower
Vernacular Declaration (applicable if Proposal form is signed in Vernacular language)
"I hereby declare that I have fully explained the above questions to the Life Insured and I have truthfully
recorded the answers given by the Life Insured."
Name of the Declarant:

Signature:
Date:
Declaration from Life to be Insured

"I certify that the contents of the form and documents have been fully explained to me by (Name,
Designation, occupation) Mr. / Mrs.: ARIF ALI and I have understood the significance of the proposed
contract.
ARIF ALI
Signature or thumb impression of the person whose life is proposed to be Insured
Extract of Section 41 of Insurance Act, 1938 as amended from time to time: “No person shall allow
or offer to allow, either directly or indirectly as an inducement to any person to take out or renew or
continue an insurance in respect of any kind of risk relating to lives in India, any rebate of the whole or
part of the commission payable or any rebate of the premium shown on the policy, nor shall any person
taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in
accordance with the published prospectus or of the insurer."
Extract of Section 45 of Insurance Act, 1938 as amended from time to time: In case of fraud,
misstatement and suppression of material facts the policy contract shall be treated in accordance with the
Sec 45 of Insurance Act,1938 as amended from time to time
Page 36 of 40
Authorisation From Borrower/Joint-Borrower (Only for Regulated Entities)
I hereby authorise Aegon Life Insurance Company Limited or its successors, assignees to pay out of the
claim proceeds, the Outstanding Loan Balance upon occurrence of insured event directly to
LENDINGKART FINANCE LIMITED (name of the Master Policyholder) in discharge of the
Outstanding Loan Balance as on the date of Insured Event.
Signature/Thumb impression of Borrower Signature/Thumb impression of Joint-Borrower

ARIF ALI _________________________________
Place: NOIDA Date___________
Signature / Thumb Impression of Witness

_________________________________
Place: ____________________________________________ Date___________
Benefits Payment
In case of claim payment to the members of Regulated Entities: Upon the occurrence of Insured
Event, during the Policy Term and Member’s authorization received from Policyholder, the Company
will pay Outstanding Loan Balance to the Master Policyholder and Balance Claim Amount, if any
directly to the Nominee or Beneficiary as the case may be. Benefits will be payable only if the Policy is
in-force on date of occurrence of Insured Event and in accordance with the terms and conditions hereof,
subject to receipt of the appropriate Premiums and documents specified by the Company from time to
time. We will send complete details of the claim amount settled to the Member/Nominee/Beneficiary as
the case may be.
In case of claim payment to the members of Other Entities Upon the occurrence of Insured Event,
during the Policy term, the claim amount will be payable to the Member or the Nominee/Beneficiary.
Page 37 of 40
Enrollment Form
APPLICATION DETAILS
Loan Application No: LAI-119682517
Loan amount: 10,28,000.00 Loan Tenure: 3 years
INSURED DETAILS (PROPOSER DETAILS)
Name: ARIF ALI Gender: Male
UTTAR
Address: NOIDA PRADESH
City: NOIDA State: UTTAR PRADESH Pincode: 201301
Date of Birth: 25/06/1990 Marital Status: Landline No:
Mobile No: 8010687503 Email ID: Rudhragarv@gmail.com
Pan: DAWPA0123D Occupation:
Page 38 of 40
NOMINEE DETAILS
Name
Date of Birth: Relationship with Proposer:
POLICY DETAILS
(For Insured age between 18-45 Years)
Critical illness Sum Assured:Upto Loan Amount Personal Accident Sum Insured:Upto Loan Amount
EMI Protection Sum Insured: Monthly 3 EMIs Hospital Daily Allowance:
(For Insured age between 46-60 Years))
Personal Accident Sum Insured:Upto Loan Amount EMI Protection Sum Insured:Upto Loan Amount
Hospital Daily Allowance:
FOR CLAIMS AND REFUND PURPOSE
Assignment
I / We ARIF ALI hereby authorize you to pay directly to the Loan Provider towards my outstanding dues
against the loan borrowed vide loan application no. LAI-119682517 from the Loan Provider out of the claims proceed or
premium refund under policy issued against loan application no. LAI-119682517 by Acko General Insurance Limited.
PREMIUM PAYMENT
I/we ARIF ALI do hereby authorise you to disburse amount of Rs 10588.4 on my/our behalf to “Acko General Insurance
Limited” as premium towards insurance of policy against the loan application number : LAI-119682517 for Group
Health Accident Care product offered by Acko General Insurance Limited.
Page 39 of 40
DECLARATION
I hereby declare that all proposed members are in good health and entirely free from any mental or physical impairment
or deformities and neither any of the proposed members suffers from any Pre-Existing Critical Illness which are covered
under the policy.
Place: NOIDA ARIF ALI

Date: _______________ Signature/Thumb Impression of the Proposer
ACKO GENERAL INSURANCE LTD.

F Wing, 3rd Floor, Lotus Corporate Park, Off Western Express Highway, Goregaon (E), Mumbai –
400063
E-mail: hello@acko.com | Toll-f ree: 1860 266 2257 | www.acko.com
IRDAI Reg No: 157 | CIN: U66000MH2016PLC287385
Page 40 of 40

Business Loan Facility: Application Form

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Business Loan Facility: Application Form

Uploaded by

Copyright:

Available Formats

BUSINESS LOAN

Lendingkart Application ID LAI-119682517

Borrower Name ARIF ALI

Sanction Amount 10,28,000

Branch / City NOIDA

Loan Amount : 10,28,000.00 Purpose: Business Expansion

Name of Borrower : ANAM AFREEN GARMENTS

Date of Incorporation: 21-01-2020 Registered since (MM/YYYY): 01/2020

DETAILS OF PROPRIETOR / MANAGING PARTNER/ MANAGING DIRECTOR

Full Name: ARIF ALI

Applying as Co-Borrower: Yes No

Marital Status: Married

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

Mobile No: 8010687503

Name: ARIF ALI

Name of Bank: UNION BANK OF INDIA

Nature of Facility Business Loan

Loan Amount 10,28,000.00

Tenure (Month) 36 months

Rate of Interest (p.a.) 25.98%

Repayment Frequency/ Start Date 03/11/2023

Mode of Payment NACH/E-Nach/PDC

Processing Fees + GST (non-refundable) 43,117.00

Insurance Amount Incl. GST (in Rupees) NIL

Cheque / ACH Return Charges 500/-

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

Prepayment / Foreclosure Charges

7% of the outstanding loan

On and from the 7th 5% of the outstanding loan

4% of the outstanding loan

KEY LOAN FEATURES

No collateral security required

For Scheme Features and Policies, visit www.iifl.com

ROI Based on credit evaluation process

This is a computer- generated document

FOR OFFICE USE ONLY Risk Categorization: Low Medium High

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

Name: ARIF ALI

Key Fact Statement/Sanction Letter

Sr no Parameter Details (Amounts in INR)

i. Loan amount (amount disbursed/to be disbursed to the Borrower) 10,28,000.00

(a) Processing fees (Exclusive of GST) 30,839.8

(b) Insurance charges NIL

(c) Document charges (Exclusive of GST) 5,700.0

(d) Pre-EMI as applicable wrt disbursement date

(iv) Net Disbursed Amount ((i)-(iii)) 9,91,460.2

(v) Rate of Interest 25.98 % p.a

(a) Financial Health Report (FHR) 0

(b) Medibuddy 1,000

(c) Card Protection Plan (CPP) 1,599

(d) Insurance Premium 27,633.00

(e) Other Charges - GST on PF and Document Charges 6,577.200000000001

(ix) Disbursement amount ((iv) – (viii)) 9,54,651.0

(x) Tenor of loan (in months/days) 36

(xi) Repayment frequency by the borrower Monthly

(xii) Number of instalments of repayment 36

(xiii) Amount of each instalment of repayment 41,408.00

Details about the contingent charges

(xv) NACH/e-mandate bounce charges 500/-

(xvii) Purpose of loan Business Expansion

Name: Ms. Ajitha K

Name: ARIF ALI

1. In the event the Borrower wishes to voluntarily prepay the Facility