Date: 26th Jan, 2023

Name of the Borrower: DIPAK BAGADE

Address of the Borrower: Survey No 135, Shelar Chawl, Paud Road, kothrud,
Pune 38, Ex. Serviceman Colony, Pune City, Pune City, PUNE CITY WEST,
MAHARASHTRA, 411038.

Dear Sir/Madam,

Sub: Sanction Letter

With reference to your application dated on 26th Jan, 2023 for availing a loan
for an amount of ₹1000, we are pleased to sanction the same subject to the
terms and conditions as mentioned below and in the loan agreement to be
executed.

Particulars

Nature of Loan Personal Loan

Principal Amount(INR) ₹1000

Annualized Fixed Rate of

48.7
intrest(% Per Annum)

Interest Amount(INR) ₹40

Loan Term 30+90 days

1
It is clarified that where there is only a single
Number of Repayment
bullet repayment envisaged, the term shall
Installment
refer to such single repayment, on Repayment
Date.

Repayment Installment The Repayment Installment amount is ₹1040

Amount (INR) and the term is 30+90 days .

Fees and Charges (Inclusive of GST)

Processing Fee
₹59
+GST(INR)

Loan Management Fee

₹0
+GST(INR)

₹15
Usage Fee(INR) *
Usage Fee will be waived off

Insurance
charges+GST(if ₹4
applicable)(INR)

Repayment Fee(INR) ₹1.04

Repayment Convenience
As per payment gateway charges
Charges

Fees for additional

services or events such
NA
as a change in
NACH/bounce

Annualized Default For up to 20 months -292% capped to 100% of

Interest Rate for the Installment amount. After 20 Months :
overdue loans 58.4% .

For up to 20 months from Repayment Date, the

Borrower shall be liable to pay an amount of
₹8 per day on the corresponding Repayment
Installment following the expiry of the relevant
Repayment Date up to the date of actual
payment, up to a 100% of the corresponding
Default Interest Amount Repayment Installment.
for overdue loans
After 20 months from Repayment date the
Borrower shall be liable to pay an amount of
₹1.6 per day on the corresponding
Repayment Installment following the expiry of
the relevant Repayment Date up to the date of
actual payment.

Net Disbursal
₹937
Amount(INR)

Discount Amount(INR) ₹0

Total Repayable
₹1104.04
Amount(INR)

Annualized Percentage
129.3
Rate(APR) %

Repayment Date 24th Feb,2023

Look Up Period 72 hours from time of loan disbursal

Number of installments :
Repayment Repayment
S No
Date Installment

1 24th Feb,2023 1040

Final Repayment Date
2 25th May,2023 15

Total 1055

*2nd repayment installment to be waived off

Governing Law and

Kolkata, West Bengal
Jurisdiction
 * 1. payable in the manner as mentioned in the loan agreement to be
executed.
2. The Borrower understands that the Lender has adopted risk-based
pricing, which is arrived by considering, broad parameters like the
borrowers 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 Lender's
website available at mPokket Financial

Please note that this communication should not be construed as giving rise to
any obligation on the part of mPokket Financial Services Private Limited unless
the loan agreement and the other documents relating to the above assistance
are executed by you in such form and manner as may be required by mPokket
Financial Services Private Limited.

We look forward to your availing of the sanctioned loan and assure you our
best service always.

Thanking You,
For mPokket Financial Services Private Limited