Date: 28-FEB-2023
SRL No.280220231509/345043/S  
 
LETTER OF SETTLEMENT

 
Dear DIPAK KACHARU DONGARE  
A/P DAPUR NEAR VITTHAL MANDIR  
TAL SINNAR SINNAR  
SINNAR - NEAR VITTHAL MANDIR  

Subject: Settlement for Loan Number :4S5RPLEA654941

In view of the exceptional circumstances stated by you, we confirm the acceptance of Rs.11,100.00 in full & final
settlement on the loan number 4S5RPLEA654941

Details of your outstanding amount are as follows:

Total outstanding amount : Rs.86,710.00  

 
Amount waived off : Rs.75,610.00  
 
Net Payable : Rs.11,100.00

Terms of your settlement are as follows:

1. The afore-mentioned settlement offer shall be valid up to 28-FEB-23. Accordingly, the payment for the said
settlement amount must be made on or before 28-FEB-23, as per the below mentioned schedule. In case, if
the payment for the settlement amount is not received on or before the aforementioned date, this settlement
offer will stand automatically cancelled without further notice and will be treated as null & void. The payment
schedule for the settlement program is as follows:  
 
Date Amount(Rs.)

28-FEB-2023 11,100.00

 
2. Please note that any legal action already initiated by Bajaj Finance Ltd. will continue till closure of the loan
through payment of settlement amount as mentioned in this letter.  
 
3. Any legal proceedings, claims and demands initiated by you or on your behalf against Bajaj Finance Ltd. and/
or its employees, officials and representatives pertaining to this loan shall be withdrawn unconditionally with
immediate effect from the date of acceptance of this offer.  
 
4. In case you do not comply terms and conditions of Settlement post partial payment of settlement amount,
then the amount paid by you under settlement shall not be refunded or returned to you, it will be appropriated
towards outstanding dues of your loan at the discretion of Bajaj Finance Ltd.  
 
5. On receipt of the settlement amount in full, Bajaj Finance Ltd. will treat the said loan account as settled and
closed for all purposes. Any payment is considered valid, only after credit of the sum in your loan account.  
 
6. The regular EMI presentation, levy of applicable interest and penal charges shall continue to be debited in
your loan account till all dues are paid as per the agreed settlement terms.  
 
7. Please note that based on the settlement offered for your loan, it will be treated as a stressed asset and same
shall be updated in credit bureau record as a Non-Performing Asset (NPA). As per RBI guidelines, every month
Bajaj Finance Ltd. updates the credit bureaus with latest loan account status.  
 
 

Bajaj Finance Ltd Customer's Signature

 
*This is system generated 'Letter of Settlement' hence, needs no signature.  
 
 
 
Printing date: 28-FEB-2023

 
BAJAJ FINANCE LTD

Registered Office: Mumbai-Pune Road,

Akurdi,Pune-411035, Maharashtra, INDIA Corporate ID No: www.bajajfinserv.in
Corporate Office : 4th Floor, Bajaj Finserv, L65910MH1987PLCO42961
Off Pune Ahmednagar Road, Viman Nagar,
Pune-411014, Maharashtra, INDIA
Email id- wecare@bajajfinserv.in
Phone no +91 – 8698010101