o nnn a 4 Conditions applicable to Persona! Loan The person(s) named in the Schedu'e-cum-Key Faet Statamant hereto (harainafter coterrad to 85 tho “Schodulo”) being borrowers and co-bowrewars, hereinaftes collectively relerred to 89 “Borrowor" which expression shal, unless it be repugnant ta the contoxt or meaning thereot, be doemed to mean and inchude hisiher heirs, administrators and executors. In favour of: HDFC BANK LIMITED.2 banking company incorporated under tha provisions Companies Act, 1956 having its roglstered office at HOFC dank House, Senapati Ba Lowar Porel (West), Mumbal 400 013 and @ branch office al the place mention Schedule hereto (hereinafar refarad to as the “Bank” which exaression shal, unibss/t OPS @ May repugnant to the context or meaning thereof, be deemed to mean and inclide Its successors OK je vansfereas and assign. In caso of tha‘e being more than one Borrowers (1.2. there delng co- Darrawars}, the roferance to the etm “Borrower” sha¥ be Gaemed to be as if i Were PIUTEI AR creas this document shall be read accordingly as if made and inbéitles undertaken by each of them Jointly and eavaraliy. Roferance to the masculine gander includes referance to the feminine and navier genders and vice versa, The Borrewar hereby irrevocably and unconditionally agreas to abide by the following terms and conditions: 1. Pursuant to the application made by the Gorrower in the Loan Application Form Application’), the Bank has sanclioned the nonrevohing foan not axcoeding tho amount mentioned in the Schedule hereto (hereinafter raferred to as “Loan’), and tho Borrower agraes to borrow the same, subject to and upon the terms and condivons ‘contained in the Application andi this document. The Bank may disburse the Loan or any part thereat (Disburscment’) af its awn diseraton. Notwithstanding anything oniained herein: {i) the Bank may at its sole discretion, suspend or cancel the Loan if the sama i not utiizoo within 15 days of the issuance of istrumenvinsvuction for Disbursement: or (i) the Borrower may cancel the Loan within 15 days of Disbursement: provided that in case of each () and (i) tho cancelation shall inko oMfect onty when the Borrawer has paid to the Bank in full the tola? Outstanding Balanca (defined hereinafter) inducing al th interest, and ali other charges. The Borrower shail usa tne Lean onty for the purpose stated in ihe Application and not for any other purpose Inctuding making invesiment in tha capital market or any speculative o° lege! or anti-social purpose. 2. The Loan, interest, compound interest. defautt interest. any athe: charges. dues and monies payable, costs and expenses reimbursable, as oustanding from tima to ime and whether eny of them duo oF not, are nercinafte: collectivety referred Io 8s “Outstanding Batance’. The Borrower shall pay interes! on the Loan, the unpaid due interest and all cothor outstanding charges and monies {axcept tha default intorost), a1 the rate of interest spotted in the Schedule hereto, on tha outstanding daily balance from the date of Cispursament, compoundable st monthly rests, The Bank in ks sole discraton woud be ented to change the szi¢ rate of interest from tima to time including on account of changes mado by tha Resorve Bank of Indio, which woud ba intimated to the Borrower(s) and would be binding upon the Borrower(s), The Borrowe: shail also pay and bear all interest tax, i any, a8 applicable from time to time, The Borrewes{s) salt repay the Loan ‘and pay the interes! tnat is due from time to tima by way of equated moninty Installments {EMIs) as specified in tho Schodule or 23 may be specified by the Bank from timo to timo {ume being the essence of the contuci), The Borawer has perused, understood and agreed to Bank’s methad ot calcutating EMls 8s iso the appropriation thereo! into péineépol and intarest. The payment of ai the monies by the Borrower induding EMls shall ba mada on os before the respecive due dates, at such placo as tho Bank may require, ‘wilnqut any set-off oF counterciaim o- wihhesding or deduction (save as required by taw in ‘which case the amount payabla by the Borower to the Bank shall be increased to the ‘amount which aftar making such deduction or withholding oquals the original due amount as if no withnokding of deduction were required), by way of one or more modes and instruments including pos'-dated chaques CPCS"), Standing Insvuctons (Sly Elecronic Clearing System (ECS) instructiony other modelinstrument. 8s acoentable to the Bank from time to time, Ifany dus data fo#s on 6 non-business day af tho Bank, the payment Page tot i4w NNN (aasoem=—] shall be made by tno Sorrawer on the immediately preceding business day of tre Bank, in casa of cheques/other instrument, the payment shail be deemed 10 have bean mada by the Borrower only at the point of time the sum is ciedited end realized fully in Bank's account irrespective of the date of instrument or time of receipt or presentation of instrument. In ease of ony detauit, the Borrawer shall without projudioa to Bank's other rights anc remedies, pay addidonal default interest at the rate mentioned in the Schedula hereto” Application of as may be prescribed by the Gank. over and above the then applicable rate of interest ui ful payment is madesdetaut is cured. Tis Uabilty shall nt act as justicaion for any data. 2. The BoraRBrfa) shall pay 10 Bank, tne charges, fees, commissions, etc, spacited inthe Schedule hereto Applicaliof of as specified by ihe’ Bank from time to time. within Such time or upon occurrence of such ‘events as specified and if not specified than forthwith upon demanded by tho Bank. All ethor protont and future costs and expenses, taxes (as applicable from ime to tme), any celated levy, sterp duty, in all jurisdietions, in telation to the Inisother documenisiany vansaction pursuant thereto, irespecive of wha the beneficiary is, shall be boms and payable solely by tha Borrower, including for creation, enforcement, \. preservation of security, recovery, initiating/detanding/pursuing any tagal procaadings/ actions by Bank. In +, 6250 Of any such sums If pele or incurred by he Bank, the Gomqwer shal be liable to relmburea tho sama fa the Bank in full forthwith, oe 4, Any payments made byfon behall far the Boruwer or any realisations In relation to the Loan, seautity, shall be appropriated towards the Outstanding Balance end/ or Liabilities (as defined hereinafter) in the follawing onder: (a} Firstly, towards costs and expenses incairted by the Bank: (b) Secondly, towards any chorgos, commissions, focs, taxes, lovies (wherever opplicablo}: (c) Thindly. towarde udditonaY default imerest, (8) Fourthly, towards interest, (e) Fihly, towards principal amount(s). Any statement of account furnished ty tn Bank stall be accepted by and be binding on the Bomuwer(s) and shal! be conctusiva proof of the esreciness of the amounts mentioned therein except for any manifast erro: therein. 5. Notwithstanding anything stated in any document, the cominuatcn of the Loan shai be at sole and absolute diseration of the Bank and the Bank may ot any time in its sole discretion and without assigning ‘any reasan call upoa tha Borewer to pay the Outstanding Balance ané upon such demand by tha Bankthe Borrower shetl, wiltin 48 hours of being so called upon, pay the whole of the Outstanding Balance io the Bank without any delay or demur. 6. Tho Borrower shall be entitlod to prepay tho Loan: (i) only if Bank parrnlts the sama upon at feast 15 days" wiitten notice from Borrower communicating Inention 10 prepay at Bank's lending Granch; and (i) only after expiry of 12 EMis trom Disbursement date: and (ii) sublect to such conditions as tha Bank may prescribe inchiding payment of the prepayment charges as mentioned in the Schadule hereto! Application ‘or a8 specified from tima to timo by tho Bank. Such prepayment shall take effect only when entire ‘Ouistanding Batance has been paid to and razllzed by ine Bank. 7. The Bank may at its own discretion end upon Borrower's requast, also finance ina Gorewer for tho insurance premium of insurance policy Laken by Borrower as per Borower's own wish from any insurance ‘company of Borower’s choica, which sum{s) shall be added to lho principal amount under tha Loan end ail the terms and conditions shall be additlonally applicable thereto All expenses, charges. fees, taxes ‘ate.08 applicable on any such Insurance shall be incurred and paid by tho Borrower, howover in case paid by tha Bank on Borrower's behall, the Borrower shall reimburse tho same to the Bank within 24 hours cf the Bank's demand, Tha Borrower shail Instruct the insurance company to add ihe Bank as joss payee In any such insurance policy. 8, The Borrower shall furnish and create such security trom ume to tia in favour of oF tor tne benefit of the Bank, of such valve, in such form and in such manner, as may be deemed fit by tho Bank, farthwith upon a required by the Bank. The Bank shall also have the ght to stipulate any other and further terms ond sondidons that it may deem fit st any time pcr to or after the grart of tho Loan, which shall be binding on the Borrower. 9, Each of the Borrawars represent{s) and warrant(s} that (which shall be ceamed :o have been repeated to we Bank on the date of tne Disbursement end on each date thareattar til antica repayment) (a) The Borower is a citizen of India and 9 major {in terms of age) and is of sound mind and is competent to contract and enter into and perform hisiher obligations contemplated under this document’ other dooumanivin respect of the Loan; (b) There is no impediment or rastiiedon, whether under law, judgement, order, award, contract or otherwise, for any of tha Borrowers entering into andior performing any of tha transactions contemplated by this/other documents! in respeet of the Loan and all approvals an¢ consents, Page Zot 14ag. wheraver necessary hava been duty obtained and aro and will continue to be in full forco; (¢) Tho execution hereot constitutes legal, valid and binding obligations of the Borrower. (d) That thare is no Event Of Defauit existing: (e) All Geciarations mad2 by Borrower are tue and complote 290 no material information has been suppressed / withheld. 10, Negative Covenanis: The Borrower covenants and agrees that, save and excepi with ine prior, spacitic and express writtan consant of the Bark. the Borower shall not: (a) create, assuma or ineur any furthor indabtedness to eny person: of tend or advance any amounts to any parson, or undertake any guarantee ‘or security obligation; (b) except in favour of the Bank, sel, Kcense, lel, tease, vansfer, alianato, dispase of in any manner whatsoever, surender or otherwise encumber any of its assets, rights, tia or interest, recaivables, or any part thereof: or create, faciliate or permit to exist any charge, encumbrance or lien of any Kind whatsoever over any of its property of grant any option or other right to purchase, tease oF otherwise soquire, any such asseis oF part thereat, (c) permit oF affect any direct or indirect change in the tegal or bene’cial ownershio or control: (¢} Change/ case! retire (racy terminates resign from the present employment professionvbusinoss discissad in ihe Application: or change, terminate or open any bank account, 41.The following events shall constitute events of default (each an “Event of Default"), and upon the ‘occurence of any of them the entire Outstanding Batance shel becomo immediately duo and payable by the Borrower and further enatfe the Bank iniet alia to recat! the entire Outstanding Balance andior en‘orce any security and transfe:isel tho same andor take, initiate and pursue any actionsinroceedings as doomed nacessary by tho Bank for rovevery af the ducs: (a} Faire on Borrower's part to parton any of the obligations or terms or conditions or covenants appiicate in relation to the Loan induding under thisfoiner documents inctuding non-payment in full of any part of the Outstanding Baiance when due or when damanded by Bank: (b} nny misropresentations of misstatement by tha Borrower: or (c) occurrence Of any croumstence or event which adversely afiacts Borrower's abiliy/capacity to paylrepay the ‘Outstanding Balanca or any pan thereo! oF perform any of the obligations; (d) If any attachment, distress, ‘execution oF othar process against the Bomowerfits asse's of any of the security is threatened. enforced or loviod upon by any person: oF {0} fall, reduction oF decrease, in the opinion of the Bank, in value of any security lower tran the value required by the Bank; (F) the event of daath, insolvency, taslure in business, commission of an act of bankruptcy of the Gorower, or change or teminaton of emplaymantiprotessiorvbusiness for any reason whatsoever. 12.Notwithstanding anything to tha contrary in this document or any other ocumanvanangement: ()) in respect of all and any of Borrower's present and future liabilities to tha Bank. its affiiates, group entiuas, ossocinte entities, parent, subsidiaries, any of their branches {coloctivety “Ralovant Entitles"), whothor under this document or under any other abiigatlonioaviacHiliesfborowings/document, whether such labiiles arefve crystalised, actual or contingent, primary of coatera! o: several or jointy with others, whether in sama currency or different currencies, whather as principal debtorandior a5 guarantor andior aihenvise howsoever (collectively ‘Liabllitlos"), each of te Bank and tha Relevant Enitics shall in addition to any general Len or siritar right to which ony of them as bankers may Do entilled by law, practice, custom or otherwise, have a spacifc and special fien on all the Borrower's present and future siocks, shares, securities, property, book dobis, ak monays in all secourts whether current, savings, ‘overdraft, fixed or other deposits, held with or tn custody. legal or constructive, with the Bank andior any Ralovant Entities. now or in future, whelher in same or different capatity of lhe Borrower, and whether savorally of jointly with others, whether for any banking relationship. safe custody, collection, or olhenwise, whether in same currancy or different currencies; and (i) separately, cach of the Gank and tha Relevant Eniilias shal have the specie and express rig! to, without nouce to and without consert of the Borower, set-off, wanster. sel. realize, aviust, approprinte af such amounts in alt accounts {whether prematurely oF Upon maturity as per tha Bant's discretion), securiiea, amounts and property os aforesaid for the pumose 0 realizing or ageinst any of dues io respect of any of the Liabillies whether ear-marked for any particular Unbilty or not, combine of consolidate aH or eny of accounts of the Borrower and sai-off any monies, whether of same type or nature or not and whether held in same capacity or net inetuding upon happening cof ony of tho avents af datault mentioned in any ef the dacurvants pertaining to the respoctive Llabuties oF Upon any default in payment of any pant of any of Ure Liabiits. (ki) The Bank and tia Relevant Entities shall be deemed to have and hold and continue to have first charge on any asseis incaxting any cepost ‘on which security has boaniwil’ be crested in respeet af the Loan, as security also for any of tha other Uabilties and ell the nights and powers vested in tho Bank in terms of any sacurity or charge ereated for the Loan shat be availade to tne Bank and/or tha Relevant Entilles also in respect af such other Liatwities, imespective of iha fact whether the Lozn is at any time outstanding, repaid or satisfied or nat and even after the Loan has boon repaid or prepaid, Page 208143 tL a 13. The Bank shail at any time, without eny consent of or notice to the Borrower(s) be entiled to sacurtise, sail assign, discount or tansfer all or any pert of the Bank's rights anc obligations under the Loan, this document or any other document, to any person(s) and in such manner and on such terms as ine Bank may docde. Bonower shall net be entilad 0 directly or indiectly assign or in any manner transfer. ‘whether in whole of pant any dights, the benef: or obligation undar tha Loan, this/other document, 44, Bank shall be entitled at i's discretion to engage’ avail of, at the risk snd east of tha Borrower, servicas of ‘any person\third party service provider/agenVagency, for anyining required to ba done fod in relation tof ursvant to the Laan, inctuding collections, recovery of dues, enforcament af security, geting or verifying any information of the Borrowar! assets, and any necessary or inexentzl lawtul acts deeds! matters end Giings connected thereto, as the Bank may deem ft. 16, The Bank shall have the righ! to not retum the Appiicaton, the photographs, information and documents submitted by the Borrower. The Bank shall, without notice to or without any consant of tha Barrower, be absolutely entitled end have full aght, power anc authority to make disclosure of any information rolating to Borrewar induding persona) information, deiziis in relation to cocuments, Loan, defaults, secumty, obligations of Borrower, to the Credit Information Bureau of India (CIBIL} and/or any other govermentalreguiatory/statutory or petrate ageney/entiy, credit bureau, REL, tho Bank's ether branches! Subsidiaries / affilaies / rating agencies, service providers, athar barks / financial institutions, any third cares. any essignesipotential assignees or trans‘erees, who may need the information and may process the information, publish in such manner and through such madium a5 may be deemed necessary by the publisher! Ban RBI, inckiding publishing the name 2s part of wilful defauiters lst from tire to time, as also use for KYC iniormaion veriication, credil risk analysis, of for otner related purposes. In this connection the Borrower waives the privilege of privacy and privity of enntract. The Bank shall hava the ight, without notice to or without any consent of the Bomower, to approach, maka enquities, obtain information, from any person induding omer banks/finance entilesicredit bureaus, Borrower's employerttanly mambars, any other person related to the Borrower. to abtain sny information for assessing track record, credit ‘isk, oF for establishing contact with the Berrower or for the purpose ct recovery af dues from the Borrower. 16. Any nolice, approvals, instructions, demand and other communications given or made by the Bank shall be deemed t be duly given and served if sent by normal post, courler. registered Post, facsimile, electronkt mail, personal dellvery, sms or by pro-paki ragisiecad mall adcresséd to ihe Borrower's address, chone/ mobits number, fax qumber or emit as given in the Application (or at tha address changed on which Bank's acknowtedgement is duty obtained as herainafter mentionod} and such natice ond service Shall be caomed to take effect on tha thire working day following the date of the posting thereat in case of ‘normal post, courte’, registered post, at the time of delivery if given by personal delivery. upon receipt of a transmission report if given by facsimile, upan sending the electronic rrali or sms if ghven by electronic mail ‘or sms, Tha Borrower undertakes to keop the Bank Informed at all times in wring of any change in the mailing address, email id, phone and mobia number(s) 2s provided in the Application and to obiain Bank's vwnitten acknowledgement on the intimation given to Bank for any such change. 17. The Loan, this documen¥other documents, shall be govemed by the laws of India, The parties herato expressly agres that all disputes arising out of and/or relating to the Loan, this or any other ralevant document shall ba subject to tha exctusive jurisdiction of the courtiribunal of the citylplace in which the bbranch of the Bank from whore the Disbursement has been made is situate, provided [hat the excushity aforesaid shall bind the Borrewer and the Bank shail be enilied to pursue the Same in any other court of ‘compotent jurisdiction at any other place: and provided further that if sny dispute is below the pecuniary jurisciction limit of the Oebts Recovary Tibunale established under the Recovery of Dabts Dus to Banks ‘ond Financial Institutions Act, 1993, then such dispute shall be referred to arbitration in accordance with ‘mo provisions af the Arbitrauicn and Conciliation Act, 1996 as may be amended, oF fs re-anaciment, by & sole arbitrator, appointed by the Bank. The costs of such arbitration shall be bom by the losing Party or ‘etherwise as determined in the arbitration award # a party Is required to enforce an arbitral award by logo! ‘action of any kind, the perty against whom such legal acéon 's ken shell pay all reasonable casts and ‘expenses end attomey’s fees, including any ccst of additions! litigation oF arbitration taken by the party seeking to enforce the award. 18, This document, Application and other dacumeris have been expialhed to tie Borrower in cha language known to the Borrawer and the Borrower has read and understood the same. Poge detai IMM [ow 209575 Borrowers) have affied their signatures after veritying and understanding the contents ofthis document, at wend ofthe Schedule. SCHEDULE-CUM-KEY FACT STATEMENT ° ~ 7 . eed loan Account No EEL DE 5-9 Fe Pace of sianina CHEN WT, Jate of Signing a sry | 2912 Jip | serksranen CHE vw me of the Borrower ALA]? _M 1 Npme of the Co-Borrower a 1 i 2” toaw peau - wa tan Amount RD yoore Loan Tenor 4-E months | Installment EMI Scheme | iatetnen Monthly (Advance / Arrears) | Arrears | Interest Rate : EMI Start Date Jo. Jb! (mbathly reducing) Bg 7, Per enum fe i (ikea Rate) EMI End Date a“ 9 20 Adifance EMI (No's) ae Advance EMI Amount] Rs. eerHEe My (No's) Ee EMI Amount ® bss 7) CHARGES tal charges aré narelundable & applicable post aisbursement ofan) Pee Probessing TS Service Tax on Processing Charges = Rs gO Chatges (Amount) | > As specified by Government of india. 2 Chehue / ECS 7 SI Return Charges: Rs (+) Service tax. (without prejudice | Cheque/ECS/ S| Rs. 500/- nk's. civil and criminal rights and | Swepping Charges yx 1 at actuals, applicable presently Fin future for thle over- due period on EMI / rincipal overdue) befall interest Late Payment charges - 2% per month Date on which annual outstanding balance statement will be issued :- 3ist May Loan Cancellation Charges: NIL Note: Interest would be charged for the interim period between date of disbursement & date of loan cancellation Lan 18-24/Months of EMI repayment: 4%; 25 - 36 >|36 Months of EMI repayment : 2% Note: [Prepayment not allowed repayment Charges: (Mentioned as percentage of Outstanding Balance) Months of EMI repayment: 3% to payment of 12 EMI allowed Service tax as applicable, would be charged additionally Part Prepayment not I Charges CIBIL Report Copy Che -Rs.50/- Legal Collection & Incidental Peers ee At Actuals Other Gharges, commissions, fees- As Btamp Duty & Other Statutory Charges = pet Application or as may be specified [As per applicable laws of the State Borrower bythe Bank Details $f Security/ Duplicate Amortization / Repayment [Coljatergl Schedule chargaas Re, 200/ fe) Co-Borrower é é 2 2 £ £ 2 : contents there z 5 : 3 5 3 2 ; 3 : : 8 i i understood, inevocably agreed to, accepted, confirmed and de Conditions of Persona! Loan’ document, the Schedule, including all the terms and conditions contained therein, and authenticated accuracy and correctness of the same, BONN oe weno eur mame? noael FcR ant RAR) Page 5 offpa on enHMALIMMNT [rewt809575 r WITNESS DECLARATION BORROWER (S) SIGNS IN VERNACULAR LANGUAGE: The contents of the Loan Application Form, Terms and Conditions, have been explained by me tothe Borrower in (name of language in which Borrower have signed) end the same have besn understood by the Borrower Name of Witness “Address of Witness EE ‘Signature of Witness Page 6of 14