HDFC Bank: Disbursement Advice/Deiivery Order

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HDFC BANK

Disbursement Advice/DeIivery order


Date: 29/02/2021
To
Customor Account No: 85108794

SIDDHARTH AUTO ENGINERS PVT LTD


PLOT NO 48, SHIVPRASAD SOCIETY, P S

MAHARASHTRA

Dear Sir,

Sub: Disbursement advice cum Delivery Order


We have sanctioned COMMERCIAL EQUIPMENT RETAIL LOAN facility to our Customer AVINASH HANUMANT GADE
Pursuant to the agreement executed by the Customer in our favour, with respect to the Loan facility and on the basis of the instructions of the Customer, we have
disbursed the following amount in your favour.

Disbursement Amount Details are as follows:


Loan Amount: Rs.1759392
Payee Name(s) AVINASH HANUMANT GADE

Less:PROC FEE RECEIVABLE FROM DEALER Rs.6162

Less:CREDlT PROTECT PREMIUM NET OFF Rs.9392

Less:FRANKlNG CHARGES NET OFF Rs.7538

FINAL DESBURSEMENT AMOUNT ERs. 1736300


INTEREST RATE 10%

Beneficiary Details
Name of Beneficiary SIDDHARTH AUTO ENGINE-RS PVT LTD

Payment Mode . FUND TRANSFER

Bank Name HDFC BANK

Account No: 00070450001596


Particulars of Vehicles/Equipment are as follows:
Model Manufacture Name Sl Engine No Chassis No Registration Invoice value(Rs)
No
No
JCB 3DX-BACKHOE JCB INDIA LTD 1 2730000.00
LOADER

We hereby authorize you to deliver the equipment / vehicle of the customer whose details appended herewith•
The form 20 & 34 is also enclosed(as applicable For registerable asset case).
Invoice to be raised as mentioned below.
Sold To AVINASH HANUMANT GADE
Address to register Land AT POST ADHIV
Mark TAL PANDHARPUR
DIST SOLAPUR

SOLAPUR
COMMON
MAHARASHTRA
India
413304
NEAR BHAIRVANATH HIGH SCHOOL.

TCI no: 9130187828

Hypothecation HDFC BANK Ltd


Please send the following Documents to our office immediately on delivery of Vehicle/Equipment.
Sl.No Document

1 Original Tax Invoice

2 Photocopy of RC Book (For Registerable Asset)

3 Copy of Comprehensive Insurance Policy with hypothecation in favor of HDFC Bank Ltd.

Please acknowledge a copy of this letter. Please refer our Dealer Agreement signed with you for terms and conditions.

In case of cancellation of order by the customer, amount paid by bank, should be refunded only in favour of " HDFC Bank Ltd. Loan Account 85108794 and not to the
Customer.

Best Regards,

(Acknowledgement of Dealer/Supplier)

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