PERSONAL LOAN (CO-LENDING)

Part A - Key Fact Statement

A) TERMS OF LOAN

PARTICULARS DETAILS
Name of the Co-Lenders Lender 1: Cholamandalam Investment and Finance Company Limited
Lender 2: Krazybee Services Private Limited
Name of the Borrower DINESH KUMAR
Name of the Lending Service Provider (LSP) Finnovation Tech Solutions Private Limited
Name of the Digital Lending Application (DLA) KreditBee
Personal reason (or such other purpose as may be approved by the
Purpose of the Loan
Co-Lenders from time to time)
Loan Amount (INR) Lender 1: 14400
Lender 2: 3600
Total Loan Amount:18000
Total interest chargeable during the entire tenure 1369
of the loan (INR)
Annualized Fixed Rate of Interest: 29.95%
(% Per Annum)
Annual Percentage Rate (% Per Annum) 69.06
Tenure of Loan (In Months) 5 months
Lender 1: 1060
Processing Fees (INR) Lender 2: 265
Total : 1325
Loan Documentation Fees (INR) 20
Optional: Insurance Charges (INR) 254 (inclusive of GST)
Optional: Credit Information Report Fees (INR) 50
Net Disbursed Amount (INR) 16103
Total Amount to be paid by the Borrower (INR) 20979.82
No. of Instalments 5
Repayment Frequency Monthly
Amount of EMI Payable (INR) 3874
Cooling-Off Period 3 days
Retained Processing Fee(INR) 360
(In case of Loan Closure during Cool Off Period)
Unless otherwise mentioned, all fees and charges mentioned herein are
exclusive of applicable taxes. All taxes including goods and services tax,
Taxes & Levies duties, cess and levies as per applicable law pertaining to the transaction
(including on the fees mentioned above) whether present or in future to be
borne by the Borrower.
NAME OF BANK: STATE BANK OF INDIA
BANK A/C NO: 33974898692
IFSC: SBIN0007273
Details of recovery agent authorized For the purpose of undertaking collection and recovery of the Loan,the Lender 2 will initially

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
 undertake the recovery of Loan. Subsequently, the Lender 2 may, through the Lending
Service Provider or through its Debt Recovery Agents, undertake collection or recovery of the
to approach the Borrower
Loan from the Borrower. For details of Lending Service Provider and the Debt Recovery
Agents please refer to https://www.kbnbfc.in/lsp-dla
May be applicable at the discretion of Lender(s).
If the Borrower chooses to foreclose the loan, the foreclosure charges will be applicable in the
following manner:
1. Loan Foreclosure date during the lock in period - If the loan is closed by the Borrower
during the lock in period, foreclosure charges, if charged, shall be the amount, being the
Loan Foreclosure Charges (INR) higher of, (i) 2% of the Principal amount remaining after the expiry of the Lock In period or (ii)
Rs. 25
2. Loan Foreclosure date after the lock in period - If the loan is closed by the Borrower after
the expiry of the lock in period, foreclosure charges if charged, shall be the amount, being the
higher of, (i) 2% of the Principal amount remaining as on the due date of the subsequent EMI
from the date of foreclosure or (ii) Rs. 25
This EMI Bounce charge will only apply on the first occurrence of the
EMI Bounce Charge (INR) EMI repayment default. It shall be calculated at the lower of: (i)4% of
the principal amount forming part of the bounced EMI or (ii) Rs.500
Penal Charges for a continuing default in repayment of EMI from day
2 and continuing for maximum of 180 days shall be calculated at an
Penal Charges (INR)
annualized rate of 36% p.a which will be applicable per day on
principal overdue* amount *round to nearest rupee.
No penalty charges will be levied beyond the period of 180 days if an
EMI continues to remain outstanding beyond such period of 180
days.
For the avoidance of doubt, it is hereby clarified that the EMI Bounce
Charges and Penal Charges will be calculated on the principal
overdue amount only and shall be levied distinctly and separately
from the components of the principal overdue amount and the loan
interest. These charges are not added to the rate of interest against
which the loan has been advanced and are also not subject to any
further interest. Please note that these charges are calculated in a
manner so as to be commensurate to the default and are levied in a
non-discriminatory manner for this loan product.

Lock In Period(In Months) 3

The Borrower agrees that he/she shall be

allowed to Foreclose the loan upon payment of
the Foreclosure charges as mentioned in these
Transaction Documents. Provided that such
foreclosure shall be subject to a Lock In period
of 3 months.

It is agreed by the Borrower that he/she will be

allowed to foreclose the loan before the Lock In
Period upon successful payment of the instalment
that would have been due by the Borrower during
the Lock In Period and any other conditions that
may be imposed upon the discretion of the
Co-Lenders.

B) GRIEVANCE REDRESSAL MECHANISM

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
Lender 1 Grievance Redressal Officer (GRO)
Mr KrishnaKumar K.P.
Contact: 044 - 40906114
Email: principalnodalofficer@chola.muruggapa.com
Lender-2 Grievance Redressal Officer (GRO)
Mr. Sauraw Kumar
Address: 3rd Floor, No. 128/9, Maruthi Sapphire, HAL
Airport Road Murgesh Palya, Bangalore,
Karnataka -560017
And also at:
KRD Gee Gee Crystal, No 91-92, 4th Floor,
RK Salai, Mylapore, Chennai 600004
Contact No. 080-44292555 / 080-68534555
Email: reachus@kbnbfc.in
The GRO may be reached on the number provided
above anytime between 10:00 to 19:00 from Monday
to Saturday except public holidays or through the
the e-mail address above. The GRO shall endeavor to
resolve the grievance within a period of
14 (fourteen) days from the date of receipt of a
grievance.
LSP Grievance Redressal Officer (GRO)
Ms. Meghna Shah
Address: 16/3, Adarsh Yelavarthy Centre, opp. to Frank
Anthony School Cambridge Layout,Jogupalya
Bangalore Karnataka- 560008
Contact: 080-44292200 / 080-68534522
Email: help@kreditbee.in
The GRO may be reached on the number provided
above anytime between 10:00 to 19:00 from Monday
to Saturday except public holidays or writing on
the e-mail address specified above. The GRO shall
endeavor to resolve the grievance within a period of
14 (fourteen) days from the date of receipt of
a grievance.
Grievance Redressal Policy: The links to access the grievance redressal policy of any of the Co-Lenders or the LSP are:
Lender 1: https://cholamandalam.com/grievance-redressal.aspx
Lender 2: https://www.kbnbfc.in/grievance-policy
LSP: https://www.kreditbee.in/grievance-redressal
C) TERMS & CONDITIONS OF RECOVERY MECHANISM
The Co-Lenders undertake the recovery practices considering the following terms;
a. In-house/Outsource Recovery
Nodal Officer
Mr. Ajeet Kumar
Address: 3rd Floor, No. 128/9, Maruthi Sapphire, HAL
Airport Road Murgesh Palya, Bangalore,
Karnataka -560017
Contact: 080-44292244 / 080-68534544
Email: grievance@kbnbfc.in
If the Borrower does not receive a response from the
GRO within 14 (fourteen) days of making a
representation or if the Borrower is not satisfied
with the response received from the GRO,
the Borrower may reach the Nodal Officer
anytime between 10:00 to 19:00 from Monday
to Saturday except public holidays or write to
the Nodal Officer at the e-mail address below.
Nodal Officer
Mr. Puneet Parihar
Address: 16/3, Adarsh Yelavarthy Centre, opp. to Frank
Anthony School, Cambridge Layout, Jogupalya
Bangalore Karnataka- 560008
Contact: 080-44292233 / 080-68534501
Email: grievance@kreditbee.in
If the Borrower does not receive a response from the
GRO within 14 (fourteen) days of making a
representation, or if the Borrower is not satisfied
with the response received from the GRO, the Borrower
may reach the Nodal Officer anytime between 10:00 to
19:00 from Monday to Saturday except public
holidays or write to the Nodal Officer. on the
e-mail address specified above.
Digitally signed by: Krazybee Services Private Limited
Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
b. Digital Recovery
c. Reminder Communication
d. Field Collection (if required)

Where the Co-Lenders have failed to recover the money from the Borrower, they may rely upon the following legal recovery
mechanism:

a. Legal Notice
b. Arbitration & Conciliation
c. Court Case

D) REPAYMENT SCHEDULE

S.No. Principal (INR) Interest (INR) Fees (INR) Due Date Repayable(INR)
1 3425 449 0 3 Mar 2024 3874
2 3510 364 0 3 Apr 2024 3874
3 3598 276 0 3 May 2024 3874
4 3688 186 0 3 Jun 2024 3874
5 3779 94 0 3 Jul 2024 3873

Important Terminologies
1. Annual Percentage Rate (APR): APR is the effective annualized rate charged to the borrower of a digital loan. APR
shall be based on an all-inclusive cost and margin including cost of funds, credit cost and operating cost, processing fee,
verification charges, maintenance charges, etc., and exclude contingent charges like EMI Bounce Charges, Penal
Charges, etc.
2. Cooling-Off Period: A Cooling-Off Period is the time window being provided to the Borrower for exiting the Loan in case
the Borrower decides not to continue with the Loan. In such event, a one-time Processing Fee will be retained by the
Co-Lenders and an amount proportionate to the APR for the period until the closure of the Loan will be charged to the
Borrower. In case of cancellation of Loan during the Cooling-Off Period, the Borrower will not be required to pay any Loan
Foreclosure Charges. In order to know the amount payable, the Borrower has to click on the "Loan Foreclosure" tab on
the KreditBee app to know the full fees payable in respect of Loan Foreclosure. Upon determining the fees, the Borrower
has the option to pay either (i) directly via KreditBee app by pressing and processing with the "Loan Foreclosure" option
or (ii) use any alternate payment methods available on the KreditBee app to pay the corresponding amount such as,
including but not limited to post-dated cheques ("PDCs"), Electronic Clearing System ("ECS"), National Automated
Clearing House ("NACH") instructions/other mode/instrument ("Payment Instrument(s)"), as acceptable to the Co-Lenders
from time to time. In case of usage of any alternative methods of payment, the Loan will stand cancelled only upon actual
realization of the full fees payable in respect of Loan Foreclosure by the Co-Lenders. The Borrower must ensure that the
payment using alternative payment methods is realized by the Co-Lenders during the Cooling-Off Period, failing which
any request for Loan cancellation on account of usage of such alternative sources of payments will be dealt by the
Co-Lenders on a case to case basis.
3. EMI Bounce Charge: This is a Penal Charge levied by the Co-Lenders for non-repayment of an EMI on the scheduled
date.
4. Foreclosure: Foreclosure of loan refers to the early repayment of the entire outstanding loan amount before the
scheduled tenure ends.
5. Credit Information Report Fees: This is an optional charge deducted from the Loan only when the Borrower has

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
 requested to purchase the Credit Information Report via KreditBee app and has further requested the Lender to deduct
the Credit Information Report Fees from his Loan Amount.
6. Insurance Charge: This is an optional charge deducted from the Loan only when the Borrower hereby gives his/her
consent to purchase the insurance policy being offered by the insurance service provider via KreditBee app after he/she
has read and understood the terms of the insurance policy as disclosed to the Borrower during the process of application.
The Borrower is expected and advised to have read all the features, benefits, exclusions and claim process of the
insurance product and accordingly shall have voluntarily opted for the same. The Borrower is aware that in case of
non-disclosure of material facts or fraud, there would be no refund of insurance fee paid.
7. Loan Documentation Fees: This is the non-refundable stamp duty payable by the Borrower on Transaction Documents
in accordance with the applicable Laws. The stamp duty shall be deposited to the government at the time of execution of
the Transaction Documents. The Co-Lenders are merely acting as a facilitator to make the stamp duty payment on the
Borrower's behalf and the Loan Documentation Fees is the reimbursement by the Borrower to the Co-Lenders at cost.
8. Transaction Documents: The Transaction Documents comprise of the Key Fact Statement, the Sanction Letter issued
to the Borrower in relation to this Facility, the Borrower Details, the Loan Summary, General Terms and Borrower
Consents and the Loan Agreement including its annexures, the Most Important Terms and Conditions ("MITC") and other
such documents designated by Co-Lenders as Transaction Documents.

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
 Part B - Sanction Letter

Date: 03/02/2024
Dear DINESH KUMAR,
C/O: Ram Parsad, # 141 - B, PANDAV STREET, PARTAP NAGAR, Patiala
Patiala, Patiala, Patiala, Punjab, India,

We refer to your Loan ID. KB240203GPBSU and are pleased to advise the sanction of the loan as per following terms and
conditions. Please note that all fees and charges mentioned below will either be payable upfront or deducted from the Loan
Amount.:
PARTICULARS DETAILS
Name of the Co-Lenders Lender 1: Cholamandalam Investment and Finance Company Limited
Lender 2: Krazybee Services Private Limited
Name of the Borrower DINESH KUMAR
Name of the Lending Service Provider (LSP) Finnovation Tech Solutions Private Limited
Name of the Digital Lending Application (DLA) KreditBee
Personal reason (or such other purpose as may be approved by the
Purpose of the Loan
Co-Lenders from time to time)
Loan Amount (INR) Lender 1: 14400
Lender 2: 3600
Total Loan Amount:18000
Total interest chargeable during the entire tenure 1369
of the loan (INR)
Annualized Fixed Rate of Interest: 29.95%
(% Per Annum)
Annual Percentage Rate (% Per Annum) 69.06
Tenure of Loan (In Months) 5 months
Lender 1: 1060
Processing Fees (INR) Lender 2: 265
Total : 1325
Loan Documentation Fees (INR) 20
Optional: Insurance Charges (INR) 254 (inclusive of GST)
Optional: Credit Information Report Fees (INR) 50
Net Disbursed Amount (INR) 16103
Total Amount to be paid by the Borrower (INR) 20979.82
No. of Instalments 5
Repayment Frequency Monthly
Amount of EMI Payable (INR) 3874
Cooling-Off Period 3 days
Retained Processing Fee(INR) 360
(In case of Loan Closure during Cool Off Period)
Unless otherwise mentioned, all fees and charges mentioned herein are
exclusive of applicable taxes. All taxes including goods and services tax,
Taxes & Levies duties, cess and levies as per applicable law pertaining to the transaction
(including on the fees mentioned above) whether present or in future to be
borne by the Borrower.
NAME OF BANK: STATE BANK OF INDIA
BANK A/C NO: 33974898692

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
IFSC: SBIN0007273
Details of recovery agent authorized For the purpose of undertaking collection and recovery of the Loan,the Lender 2 will initially
undertake the recovery of Loan. Subsequently, the Lender 2 may, through the Lending
Service Provider or through its Debt Recovery Agents, undertake collection or recovery of the
to approach the Borrower
Loan from the Borrower. For details of Lending Service Provider and the Debt Recovery
Agents please refer to https://www.kbnbfc.in/lsp-dla
May be applicable at the discretion of Lender(s).
If the Borrower chooses to foreclose the loan, the foreclosure charges will be applicable in the
following manner:
1. Loan Foreclosure date during the lock in period - If the loan is closed by the Borrower
during the lock in period, foreclosure charges, if charged, shall be the amount, being the
Loan Foreclosure Charges (INR) higher of, (i) 2% of the Principal amount remaining after the expiry of the Lock In period or (ii)
Rs. 25
2. Loan Foreclosure date after the lock in period - If the loan is closed by the Borrower after
the expiry of the lock in period, foreclosure charges if charged, shall be the amount, being the
higher of, (i) 2% of the Principal amount remaining as on the due date of the subsequent EMI
from the date of foreclosure or (ii) Rs. 25
This EMI Bounce charge will only apply on the first occurrence of the
EMI Bounce Charge (INR) EMI repayment default. It shall be calculated at the lower of: (i)4% of
the principal amount forming part of the bounced EMI or (ii) Rs.500
Penal Charges for a continuing default in repayment of EMI from day
2 and continuing for maximum of 180 days shall be calculated at an
Penal Charges (INR)
annualized rate of 36% p.a which will be applicable per day on
principal overdue* amount *round to nearest rupee.
No penalty charges will be levied beyond the period of 180 days if an
EMI continues to remain outstanding beyond such period of 180
days.
For the avoidance of doubt, it is hereby clarified that the EMI Bounce
Charges and Penal Charges will be calculated on the principal
overdue amount only and shall be levied distinctly and separately
from the components of the principal overdue amount and the loan
interest. These charges are not added to the rate of interest against
which the loan has been advanced and are also not subject to any
further interest. Please note that these charges are calculated in a
manner so as to be commensurate to the default and are levied in a
non-discriminatory manner for this loan product.

Lock In Period(In Months) 3

The Borrower agrees that he/she shall be

allowed to Foreclose the loan upon payment of
the Foreclosure charges as mentioned in these
Transaction Documents. Provided that such
foreclosure shall be subject to a Lock In period
of 3 months.

It is agreed by the Borrower that he/she will be

allowed to foreclose the loan before the Lock In
Period upon successful payment of the instalment
that would have been due by the Borrower during
the Lock In Period and any other conditions that
may be imposed upon the discretion of the
Co-Lenders.

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
Particulars Lender 1 Lender 2 LSP

Fair Practices Code https://www.cholamandalam.com/investors/fair-practices-code https://www.kbnbfc.in/fair-practice-code

Privacy Policy https://files.cholamandalam.com/chola_one_terms_and_conditions_21b5ca77e3.pdf https://www.kbnbfc.in/privacy-policy https://www.kreditbee.in/privacy-policy

Terms & Conditions https://cholamandalam-inputs.s3.ap-south-1.amazonaws.com/cholamandalam/csel_d2c_privacy_policy_cd674e5c8a.pdf https://www.kbnbfc.in/terms-and-conditions https://www.kreditbee.in/terms-and-conditions

Terms & Conditions:

I, DINESH KUMAR acknowledge that:
* These are the Key Facts /Most Important Terms & Conditions of the aforesaid Loan, and all other terms and conditions of
the Loan shall be as specified in these Transaction Documents.
* The fees and charges accepted by me under the Transaction Documents may be modified by the Co-Lenders in case of
any directions/ notification by any of the regulatory authorities and with due notice or intimation following the
communication process mentioned in the Transaction Documents.
* The Co-Lenders, acting on their respective sole discretion, shall be entitled to revoke this Sanction Letter, if:
o There is any material change in the purpose for which the Loan has been sanctioned.
o In the sole judgment of Co-Lenders, any material facts have been concealed by me and / or become subsequently
known to the Co-Lenders.
o Any statement, declaration, undertaking or disclosure made by me, or on my behalf in the application or otherwise is
incorrect, inaccurate, incomplete or misleading.
o There is a default or a breach of the terms and conditions of this Sanction Letter and the Transaction Documents.
o If there is any bankruptcy or insolvency proceeding filed or admitted against me.
o Relevant documents are not executed by me as per respective Co-Lender's policy and format.
* I declare that I am aware that the Key Fact Statement, Sanction Letter, Transaction Documents and other Loan
Documents executed or accepted / to be executed or accepted by me integrate all the conditions mentioned herein or
incidental thereto, and supersede all negotiations or prior writings, except for those provisions specified herein. In the
event of any conflict between the terms, conditions and provisions of the sanction letter/ Transaction Documents /other
Loan Documents executed incidental thereto with the terms mentioned herein, then in such an event the terms,
conditions and provisions mentioned in the Transaction Documents shall prevail.
* In case I wish to foreclose the Loan before the Due Date, such prepayment will be subject to the Loan Foreclosure
Charges as mentioned in the Loan Summary along with other conditions, as applicable to such prepayment.
* I declare that I can read and understand the terms in English and agree to receive all documents/ correspondence in
English.
* I understand that the identical products with identical tenor and availed during the same period may attract different
interest rates for different borrowers. Interest rates could vary depending upon consideration of all or combination of
multiple factors including but not limited to the following: historical performance of similar homogeneous clients; profile of
the applicant; repayment track record of the applicant; unsecured loan; loan ticket size; credit rating of the applicant; loan
tenor; location delinquency and collection performance; other indebtedness of the applicant.
* The Borrower understands that the Co-Lenders have adopted risk-based pricing, which is arrived by considering, broad
parameters like the my financial and credit risk profile. Hence, the rates of Interest will be different for different categories
of borrowers based on the Interest rate model disclosed in the Interest Rate Policy on the respective Co-Lender's
website.
* The sanction of the above-mentioned Loan and all the terms and conditions mentioned in this Sanction Letter are subject
to the execution of the Transaction Documents in writing in physical or digital form as the Co-Lenders may specify in the
prescribed formats. This Sanction Letter intends to summarize certain basic terms of the Loan and does not reflect the
complete agreement between the Co-Lenders and me in relation to the Loan which is ultimately reflected in the Loan
Agreement.
* The Transaction Documents shall contain additional terms and conditions which have not been set out in this Sanction
Letter and the Transaction Documents shall be read together with the terms and conditions specified in this Sanction
Letter.
* Disclosure: As a precondition to the Loan to be granted to me by the Co-Lenders , the Borrower by accepting this

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
 Sanction Letter authorizes, consents and agrees for the disclosure and sharing by the Co-Lenders of all or any
information and data relating to the Borrower to the Reserve Bank of India ("RBI") and/or to the Credit Information
Companies (CIC) and/or to any other agency authorized in this behalf by RBI / CIC, to the Co-Lenders respective
professional advisers and consultants, to their respective affiliates/ subsidiaries, agents, and to their respective service
providers. In case of default in the repayment of the loan/advances/interest on due dates, Co-Lenders and/or the RBI /
CIC will have an unqualified right to disclose or publish my name as a defaulter in such manner and through such medium
as prescribed under applicable Laws.
* All correspondence shall be sent to the permanent address provided by me unless I have provided any alternate
correspondence address. In the event of any change of my correspondence address, any change in the job/ profession,
the same needs to be intimated by me to the Co-Lenders no later than 7 (seven) days from the date of such change. In
the event I am not reachable at my correspondence address, all correspondence and interaction will be undertaken at the
permanent address provided by me.
* Confidentiality: This Sanction Letter and its content are intended for my exclusive use and shall not be disclosed by me to
any person other than my legal and financial advisors for the purposes of the availing the Loan unless prior written
consent of the Co-Lenders have been obtained in writing.
* Representations and Warranties: Usual and customary for transactions of this nature, including but not limited to
maintenance of existence; notices of default, material litigation; compliance with applicable laws and decrees; payment of
taxes; maintenance and insurance. Further, I hereby also represent and warrant that I am qualified to enter into this
Sanction Letter and the terms and conditions of those Representations and Warranties which are set out in the
Transaction Documents.
* Notwithstanding the issuance of this Sanction Letter and the acceptance thereof, Co-lender(s) may jointly or
severally decide not to disburse the entire or part of the Loan, repudiate and rescind this Sanction Letter
unilaterally. In case any Co-Lender decides not to disburse the Loan and the other Co-Lender decides to
disburse the Loan, the Loan will be disbursed by the participating Co-Lender on the terms agreed by the
Borrower under this Sanction Letter and the Transaction Documents and I will not be required to sign
Transaction Documents afresh. However, the Co-Lender disbursing the Loan will share the amended Transaction
Documents with me upon disbursement of the Loan.

Important Terminologies
1. Annual Percentage Rate (APR): APR is the effective annualized rate charged to the borrower of a digital loan. APR
shall be based on an all-inclusive cost and margin including cost of funds, credit cost and operating cost, processing fee,
verification charges, maintenance charges, etc., and exclude contingent charges like EMI Bounce Charges, Penal
Charges, etc.
2. Cooling-Off Period: A Cooling-Off Period is the time window being provided to the Borrower for exiting the Loan in case
the Borrower decides not to continue with the Loan. In such event, a one-time Processing Fee will be retained by the
Co-Lenders and an amount proportionate to the APR for the period until the closure of the Loan will be charged to the
Borrower. In case of cancellation of Loan during the Cooling-Off Period, the Borrower will not be required to pay any Loan
Foreclosure Charges. In order to know the amount payable, the Borrower has to click on the "Loan Foreclosure" tab on
the KreditBee app to know the full fees payable in respect of Loan Foreclosure. Upon determining the fees, the Borrower
has the option to pay either (i) directly via KreditBee app by pressing and processing with the "Loan Foreclosure" option
or (ii) use any alternate payment methods available on the KreditBee app to pay the corresponding amount such as,
including but not limited to post-dated cheques ("PDCs"), Electronic Clearing System ("ECS"), National Automated
Clearing House ("NACH") instructions/other mode/instrument ("Payment Instrument(s)"), as acceptable to the Co-Lenders
from time to time. In case of usage of any alternative methods of payment, the Loan will stand cancelled only upon actual
realization of the full fees payable in respect of Loan Foreclosure by the Co-Lenders. The Borrower must ensure that the
payment using alternative payment methods is realized by the Co-Lenders during the Cooling-Off Period, failing which
any request for Loan cancellation on account of usage of such alternative sources of payments will be dealt by the
Co-Lenders on a case to case basis.

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST
3. EMI Bounce Charge: This is a Penal Charge levied by the Co-Lenders for non-repayment of an EMI on the scheduled
date.
4. Foreclosure: Foreclosure of loan refers to the early repayment of the entire outstanding loan amount before the
scheduled tenure ends.
5. Credit Information Report Fees: This is an optional charge deducted from the Loan only when the Borrower has
requested to purchase the Credit Information Report via KreditBee app and has further requested the Lender to deduct
the Credit Information Report Fees from his Loan Amount.
6. Insurance Charge: This is an optional charge deducted from the Loan only when the Borrower hereby gives his/her
consent to purchase the insurance policy being offered by the insurance service provider via KreditBee app after he/she
has read and understood the terms of the insurance policy as disclosed to the Borrower during the process of application.
The Borrower is expected and advised to have read all the features, benefits, exclusions and claim process of the
insurance product and accordingly shall have voluntarily opted for the same. The Borrower is aware that in case of
non-disclosure of material facts or fraud, there would be no refund of insurance fee paid.
7. Loan Documentation Fees: This is the non-refundable stamp duty payable by the Borrower on Transaction Documents
in accordance with the applicable Laws. The stamp duty shall be deposited to the government at the time of execution of
the Transaction Documents. The Co-Lenders are merely acting as a facilitator to make the stamp duty payment on the
Borrower's behalf and the Loan Documentation Fees is the reimbursement by the Borrower to the Co-Lenders at cost.
8. Transaction Documents: The Transaction Documents comprise of the Key Fact Statement, the Sanction Letter issued
to the Borrower in relation to this Facility, the Borrower Details, the Loan Summary, General Terms and Borrower
Consents and the Loan Agreement including its annexures, the Most Important Terms and Conditions ("MITC") and other
such documents designated by Co-Lenders as Transaction Documents.

Digitally signed by: Krazybee Services Private Limited

Reason: Loan sanction
Date: 2024-02-03 11:48:17 IST