Disbursement Terms

DISBURSEMENT TERMS
CASH LOAN
CUSTOMER/BORROWER INFORMATION
PARTICULARS DETAILS
ACCOUNT TYPE/ PURPOSE: Personal
NAME: MADHUMITHA MADHUMITHA
FATHER/SPOUSE NAME: Santhosh Kumar
DATE OF BIRTH: 1998-08-09
GENDER: Female
MARITAL STATUS: Married
OCCUPATION: Engineer
NATIONALITY: INDIAN
RESIDENTIAL STATUS: INDIAN
PAN: FYOPM5551H
PROOF OF ADDRESS/IDENTITY: PAPERLESSAADHAAR
ADDRESS TYPE: PERMANENT

C/O Santhosh Kumar, 8/337, Indhira Nagar, Athupalayam, Somanur
Coimbatore, Somanur, Tamil Nadu, India,
ADDRESS: Coimbatore 641668
TAMIL NADU
C/O Santhosh Kumar, 8/337, Indhira Nagar, Athupalayam, Somanur
Coimbatore, Somanur, Tamil Nadu, India,
CURRENT ADDRESS: Coimbatore 641668
TAMIL NADU
PHONE NUMBER: 9566342716
EMAIL: madhusree989@gmail.com
NAME OF BANK: CANARA BANK
Signed By: MADHUMITHA MADHUMITHA

Reason: Availing loan
Signed using: 9566342716 Digitally signed by: Krazybee Services Private Limited
Device ID: d2e0ebba94ae4fc9 Reason: Loan sanction
IP Address: 110.224.88.193 Date: 2022-12-11 13:50:43 IST
Timestamp: 2022-12-11 13:50:43
BANK A/C NO: 3453120000149
IFSC: CNRB0003453
RELATED PERSON TO BE CONTACTED WHEN BORROWER IS UNREACHABLE
NAME OF RELATED PERSON: Santhosh Kumar
PHONE NUMBER OF RELATED PERSON: 7358889746

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CUSTOMER IDENTIFICATION NUMBER
S. No. Particulars Details
1 LOAN ID/ SERIAL ID KB221211ZHILL
2 CITY Coimbatore
I hereby acknowledge to have read, understood and accepted the terms & conditions of the loan
( "Loan" ) as sanctioned by the following lenders:
i) Kisetsu Saison Finance (India) Private Limited , a company incorporated under the Companies
Act , 2013 ( CIN: U65999KA2018FTC113783 ) having its Registered Office at IndiQube
Lexington Tower, First Floor, Tavarekere Main Road, Tavarekere, S.G. Palya, Bengaluru, Karnataka
- 560029 and registered with Reserve Bank of India as a Non-Banking Financial Company
(NBFC) bearing Registration No: 02.00320 dated 27.09.2019. Website: https://creditsaison.in/
("Lender-1") ; and
ii) Krazybee Services Private Limited, a company incorporated under the Companies Act, 2013
(CIN: U65100KA2016PTC086990) having its Registered Office at 3rd Floor, No. 128/9, Maruthi
Sapphire, HAL Airport Road, Murgesh Palya, Bangalore, Karnataka -560017 and registered with the
Reserve Bank of India as a Non-Banking Financial Company (NBFC) bearing Registration No:
N 02.00281 dated 25.05.2017. Website: https://www.kbnbfc.in/ ("Lender-2")
(hereinafter jointly referred as "Co-Lenders" ) as per their respective internal policies, procedures and
applicable law, as specified below:
SUMMARY OF LOAN TERMS ("LOAN SUMMARY")
Lender 1: Kisetsu Saison Finance (India) Private Limited

Name of the Co-Lenders
Lender 2: Krazybee Services Private Limited
Name of the Borrower MADHUMITHA MADHUMITHA
Name of the Lending Service Provider (LSP) Finnovation Tech Solutions Private Limited

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Name of the Digital Lending Application (DLA) KreditBee
Purpose of the Loan Medical expenses

Lender 1: 9450
Loan Amount (INR) Lender 2: 1050
Total: 10500
Annualized Fixed Rate of Interest: 29.95%
(% Per Annum)
Total interest charge during the entire 799
tenure of the loan (INR)
Tenure (In Months) 5 months
No. of Instalments 5
Principal:1998
Amount of EMI Payable (INR)
Interest: 262
Fees and Charges (Below charges are exclusive of GST)
Processing Fees (INR) 684
One Time Onboarding Charges
(INR): 118
Loan Document Signing Charges 25
(INR):
Credit Reassessment Fees (INR): NIL
Document Collection Fees (INR): NIL

May be applicable at the discretion of Co-Lender(s). If charged, the prepayment
Part Prepayment/ charges shall be levied on the interest chargeable by the Co-Lender(s) and will be
equal to the total interest payable on the principal amount being prepaid,
such interest being calculated for the duration between the date of prepayment and
Pre-closure Charges (INR) the date on which such interest would have become due and payable under these
Disbursement Terms.
For UPI and Bank transfer modes: NIL
Repayment Convenience Charges (INR) For Biller payment mode: 9 (inclusive of GST)

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For other modes: As per payment gateway charges
Insurance Facilitation Charges (INR) NIL
Credit Information Report NIL
Charges (INR):
Penalty charges applicable on repayment post due date per day
Annualized Late Payment Charges (INR): for each instalment:
First Overdue Day penalty charges 2 % of principal overdue*
Penalty charges for 2-30 days 0.2 % of principal overdue*
Overdue interest at an annualized interest rate of 29.95% p.a will
be applicable per day on principal overdue
*round to nearest rupee
NACH/ECS Dishonor Charges
100
(INR)
Banking Details for disbursal of Loan As specified in the Customer Information section above.
All taxes including goods and services tax, duties, cess

and levies as per applicable law pertaining to the
Taxes & Levies
transaction (including on the charges mentioned above)
whether present or in future to be borne by the Borrower.
Net disbursed amount (INR) 9524
Total amount to be paid by the Borrower 11299
Annual Percentage Rate (% Per Annum) 65.11
Cooling-Off period* 3 days
Lock-In Period 5 months
A period of time from the date of disbursement of loan within which the borrower can change her/
his mind with return or cancellation of the loan, by paying the principal and the proportionate APR
without any prepayment charges.
The Privacy Policy and Terms & Conditions of the Co-Lenders and the LSP can be viewed at:
Lender-1: https://regulatory.creditsaison.in/privacy-policy
Lender-2: https://www.kbnbfc.in/privacy-policy & https://www.kbnbfc.in/terms-and-conditions
LSP: https://www.kreditbee.in/privacy-policy & https://www.kreditbee.in/terms-and-conditions
I agree to submit the following documents for availing of Loan:

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1 PAN Card or Form 60 PAN
2 Passport/Voter ID/Masked Aadhaar/Driver License paperlessAadhaar
3 Last 3 months bank statements or other income proof No
4 Any other document requested by the Co-Lenders NA
CUSTOMER ACKNOWLEDGMENT:
o I acknowledge, understand and agree that the Co-Lenders have adopted risk-based pricing, which is
arrived by taking into account, broad parameters like the customers financial and credit profile and
presently, my financial and credit profile.
o I also understand all the terms listed above along with certain fees/ charges (as may be applicable)
apply for the said Loan from the Co-Lenders.
o I also understand all the terms listed above along with certain fees/ charges (as may be applicable)
apply for the said Loan. from the Co-Lenders. All implicit and explicit cost relating to the loan, payable
by the borrower, has been specified in the aforesaid "loan summary"/ KFS. Any fees, charge, etc.,
which is not mentioned in this "loan summary"/ KFS will not be charged by the co-lenders to the
borrower, at any stage during the Loan Tenure.
Consent of customer for submission of copy of Aadhaar (applicable only in the event of a
customer/guarantor submitting a copy of Aadhaar card as an identity/address proof):
I, not being a minor, hereby submit voluntarily at my own discretion, the physical copy of Aadhaar letter or
downloaded Aadhaar (e-Aadhaar) or Aadhaar secure Quick Response (QR) code or offline electronic
Aadhaar XML document as issued by Unique Identification Authority of India (UIDAI) to the Co-Lenders,
for the purpose of establishing my identification/ address proof, in my individual capacity and hereby
consent to the Co-Lenders for offline verification of my Aadhaar, without authentication, to establish its
genuineness through such offline verification mode acceptable as per UIDAI or under any Act or law, from
time to time. The consent and purpose of collecting Aadhaar has been explained to me. The Co-Lenders
have informed me that my demographic information and any other information submitted to the
Co-Lenders herewith for offline verification shall not be used for any purpose other than for the purpose of
verification, or as per the requirements of law.

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I further confirm that the Co-Lenders have further informed me about the following:
- nature of information that will be shared on submission of Aadhaar,
- the uses to which such information received during offline verification may be put to,
- Aadhaar number or biometric information will not be collected, used or stored by the Co-Lenders,
- Aadhaar number has been redacted or blacked out through appropriate means,
- this consent will be stored with the Co-Lenders.
I further agree that I have been sufficiently informed by the Co-Lenders about other alternative documents
that can be submitted for establishing proof of identification and address.
I hereby declare that all the information voluntarily furnished by me is true, correct and complete. I will not
hold the Co-Lenders or any of its officials responsible in case of any incorrect information is provided by
me.
SELF-DECLARATION AND UNDERTAKING:
1. I confirm and agree that I can read and understand the terms in English language.I agree to receive
all documents/ correspondence in English language.
2. I confirm that I have been informed by the Co-Lenders about the other documents that may be
submitted apart from my Aadhaar number for establishing my identity and address proof however, I
have voluntarily chosen to provide my Aadhaar number.
3. I hereby declare that my acceptance of these Disbursement Terms is not in and will not result into
any contravention of any applicable laws including any notifications/directions issued by any
governmental or statutory authority from time to time.
4. I represent that the information and details provided by me and the documents submitted by me are
true, correct and that I have not concealed any information. and I undertake to inform the
Co-Lenders of any changes therein, immediately and I have not suppressed any information that
might affect the Co-Lenders decision. In case any of any information submitted by me is found to be
false or untrue or misleading or misrepresenting, I am aware that I may be held liable for it.
5. I have read and understood the fees and charges as may be applicable to the Loan that I may avail
from time to time
6. I confirm that no insolvency proceedings or suits for recovery of outstanding dues have been
initiated and / or are pending against me.

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7. I hereby give my explicit consent to the Co-Lenders and authorize the Co-Lender to
exchange or share information, documents and details relating to my Loan to the Lending Service
Provider/Digital Lending Application, which may be required to carry out their operations as
may be required or deemed fit, during and after disbursal of the Loan and/or related offerings or
other products / services that I may apply to Co-Lender from time to time.
8. I understand that, the Co-Lenders may offer an increase in my credit limit, and an option will be
provided to me to accept the increased credit limit. Further, I also understand that, the
increase/decrease in the credit limit will be on the basis of Co-Lender's internal credit policy.
Such revised loan amount being duly intimated to me before disbursing the Loan amount.
9. I understand and acknowledge that the Co-Lenders have the absolute discretion, to refuse the
disbursal of my Loan despite issuing the Key Fact Statement/ Sanction letter.
10. That Co-Lenders shall have the right to make disclosure of any information including my Aadhar
relating to me including personal information, details in relation to Loan, defaults, security, etc. to the
TransUnion CIBIL Limited (CIBIL) and/or any other governmental/regulatory/statutory or private
agency / entity, credit bureau, RBI, Central KYC Registry, including publishing the name as part of
wilful defaulter's list from time to time, as also use for KYC information verification, credit risk
analysis, or for other related purposes.Any lending done through the DLA / Kreditbee shall be
reported to Credit Information Companies irrespective of its nature/ tenor. I acknowledge and agree
that each of such party may use my information including but limited to sensitive personal
information as per their discretion and as per applicable laws.
11. I agree and accept that either of or both the Co-Lenders may in its sole discretion, by its self or
through authorised persons, advocate, agencies, bureau, etc. verify any information given, check
credit references, employment details and obtain credit reports to determine creditworthiness from
time to time.
12. I acknowledge and understand that acting under my due authorisation, the Co-Lenders have
performed my credit checks on my behalf and obtained my credit report while issuing the Sanction
Letter for the purpose of assessing my credit worthiness through a credit information company or
otherwise.
13. I have not taken any loan from any other bank/ finance company unless specifically declared by me.
14. I represent and agree that the funds shall be used for the Purpose specified above and will not be
used for any illegal, speculative or antisocial purpose.
15. I confirm that my annual household income, that is to say, the annual income of my family unit, i.e.,
husband, wife, and unmarried children, is more than Rs.3 lakhs, and therefore, my borrowing under

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the present facility does qualify to be treated as a microfinance loan under the Reserve Bank of
India (Regulatory Framework for Microfinance Loans) Directions, 2022. Further, the Credit Facility
being a personal loan does not come within the ambit of Microfinance loans.
16. I have clearly understood and accepted the charges listed above.
17. I hereby confirm that I contacted the Co-Lenders for my own personal requirement of personal loan
and no representative of the Co-Lenders has emphasized or induced me directly / indirectly apply
for the Loan.
18. I consent that the reference contacts provided by me may be contacted for verification of my
identity, repayment capability and/or to make collection efforts in case of breach of the
Disbursement Terms by me including failure to make the repayments on the due date.
19. I understand and accept that any moratorium or deferment of EMI that is provided by the
Co-Lenders on the Loan under this Loan Summary shall be at their sole discretion and there shall
be no demur or protest by me in this regard.
20. I, am, neither directly nor indirectly related to Co-Lenders' director/s as contemplated under the
provisions of Companies Act 2013 and I am not a politically exposed person as per KYC guidelines
of RBI.
21. I hereby give my explicit consent that the Lending Service Provider is authorized to obtain
my Credit Information Report (CIR) from the Credit Information Companies and the charges of
buying the CIR will be deducted from the loan disbursed/sanctioned amount, if the option of
buying the CIR is availed during the application of the Loan.
22. I hereby give my explicit consent to deduct the insurance-related charges from the disbursement
amount and pay the amount to the Insurance Service provider as disclosed to me during the
process of application.
23. I understand that the aforementioned services are being offered to me by the aforesaid
Insurance Service provider and the Co Lenders & Lending Service Provider shall not be responsible
in any way with regard to the services provided or any other terms and conditions of the
insurance policies/products/facilities availed by me from the said service provider.
24. I hereby declare that I have read all the features, Benefits, Exclusions and claim process of the
insurance product and have voluntarily opted for the same. I am aware that in case of
non-disclosure of material facts or fraud, there would be no refund of premium paid.
25. I agree to abide by the terms & conditions of the product and provide my explicit consent to share
my personal details/KYC informations, as required for opting aforementioned insurance
policies/products/facilities.

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26. I agree, undertake that the terms and conditions stipulated in the Key Fact Statement, Sanction
Letter, Disbursement Terms, Loan Summary, Customer Acknowledgement, Standard Terms and
Conditions, MITC, Self Declaration, Undertaking, documents incidental to the Loan are enforceable
against me/us and binding on me/us. I/We shall not dispute or question the validity, enforceability of
the Sanction Letter, Disbursement Terms, Loan Summary, Customer Acknowledgement, Standard
Terms and Conditions, MITC, Self Declaration, Undertaking, documents incidental to the Loan on
any ground whatsoever.
27. I/We admit, acknowledge that any Statement/Certificate provided by Lender 1 / Lender 2 showing
the amount due and payable by me/us in respect of the Loan shall be conclusive proof of such
amounts due and payable by me and shall be binding on me and I shall not be question, dispute the
authenticity of the same.
28. I agree that the account shall be classified as Non-Performing Asset (NPA) as per the extant RBI
Circulars/Regulations when the payment of instalment (principal and/or interest) remains overdue for
more than 90 days, that is, the account will be marked as NPA on the 91st day of continuous default
from the original due date. For example, if due date of a loan account is March 31, 2021, and full
dues are not received before the Lender runs the day-end process for this date, the date of overdue
shall be March 31, 2021. If it continues to remain overdue, then this account shall get tagged as
SMA-1 upon running day-end process on April 30, 2021 i.e. upon completion of 30 days of being
continuously overdue. Accordingly, the date of SMA-1 classification for that account shall be April
30, 2021. Similarly, if the account continues to remain overdue, it shall get tagged as SMA2 upon
running day-end process on May 30, 2021 and if continues to remain overdue further, it shall get
classified as NPA upon running day-end process on June 29, 2021.
I HEREBY CONFIRM THAT I HAVE READ AND UNDERSTOOD THE STANDARD TERMS AND
CONDITIONS APPLICABLE TO THIS LOAN AS APPROVED BY THE CO-LENDERS AND I ACCEPT
THIS LOAN SUMMARY AFTER HAVING READ, ANALYSED, UNDERSTOOD AND ACCEPTED
EACH TERM OF THE LOAN SUMMARY AND THE STANDARD TERMS AND CONDITIONS FOR
DISBURSAL OF THE LOAN.

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STANDARD TERMS AND CONDITIONS
The disbursal and repayment of the Loan will at all times be governed by these terms and conditions
("Standard Terms") read together with the Loan Summary(s), as amended and agreed between the
Co-Lenders and the Borrower (together referred to as "Transaction Document")
1. Definitions:
In these Standard Terms unless there is anything repugnant to the subject or context thereof, the
expressions listed below, if applicable, shall have the following meanings:
i. "Access Code(s)" means any authentication mode as approved, specified by the Co-Lenders
including without limitation combination of user name and password
ii. "Account" means the bank account of the Borrower where the Loan disbursement is requested
and more specifically provided under the Loan Summary;
iii. "Annual Percentage Rate" means the all-inclusive cost of the loan, including cost of
funds, credit cost and operating cost, processing fee, verification charges, maintenance charges,
etc., except contingent charges like penal charges, late payment charges, etc., levied on the
borrower;
iv. "Business Day" means a day (other than a Saturday or a Sunday) or a public holiday) on which
Co-Lenders and/or the banks are open for general business in Bangalore;
v. "Cooling off period" means a period of time from the date of disbursement of loan within
which the borrower can change her/ his mind with return or cancellation of the loan, by paying the
principal and the proportionate APR without any prepayment charges;
vi. "Co-Lenders" means the lenders details of which are provided in the Loan Summary;
vii. "Due Date" means the date on which an instalment of the principal amount of the Loan, interest
and/or any other amount payable under this document and/or balance of the Loan amount as the
case may be, is due for payment under the terms of the Transaction Documents (or otherwise);
viii. "Increased Costs" means
a) a reduction in the rate of return from the Loan(s) or on the Co-Lenders' overall capital (including
as a result of any reduction in the rate of return on capital brought about by more capital being
required to be allocated by the Co-Lender)
b) any additional or increased cost including provisioning as may be required under or as may be

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set out in RBI regulations or any other such regulations from time to time; or
c) a reduction of any amount due and payable under the Transaction Documents;
ix. "Instalment" means the amount of monthly payment specified in the Transaction documents
necessary to amortize the Loan with interest over the period of Loan.
x. "Interest" shall mean the interest payable by the Borrower to the Co-Lenders on the Outstanding
Balance in accordance with this Disbursement terms.
xi. "Loan" means the Loan applied by the Borrower and sanctioned by the Co-Lender as per these
Disbursal Terms;
xii. "Loan Summary" means Summary of Loan Terms specified above and furnished to the Borrower
or any other persons from time to time in connection with the Loan;
xiii. "Lock-In Period" means the period during which the Borrower shall not prepay the Loan.
xiv. "MITCs" means most important terms & conditions of the Disbursement Terms annexed as
"Annexure A" to this Disbursement Terms;
xv. "Non-Performing Asset (NPA)"means in case of interest payments in respect of term loans,
an account will be classified as NPA if the interest applied at specified rests remains overdue for
more than 90 days.
xvi. "Repayment" means the repayment of the principal amount of Loan together with interest thereon
by way of Instalments including Default Charges or otherwise, commitment and/or any other
charges, fees or other dues payable in terms of the Transaction Documents to the Co-Lenders
enclosed as "Annexure B"
xvii. "Sanctioning Authority" means any agency or person which is duly appointed, empowered or
authorized to enact, administer, implement and/or enforce Sanctions, including (without limitation):
United Nations Security Council
xviii. "Special Mention Account (SMA)" means an account which is exhibiting signs of incipient
stress resulting in the borrower defaulting in timely servicing of her debt obligations, though the
account has not yet been classified as NPA.
xix. "Tenure" shall be the time period of the Loan as specified in the MITC.
xx. "Transaction Documents" shall include the sanction letter issued to the Borrower in relation to
this Facility and this document and other such documents designated by Co-Lenders as
Transaction Documents.
2. Interpretation

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Capitalized terms used in these Standard Terms but not defined herein, shall have the meaning
ascribed to such terms under the Loan Summary.
3. Sanction and Disbursement
3.1. The Co-Lenders have agreed to grant the Loan to the Borrower on the basis of the
information and representations provided in the Loan Summary and other Transaction
Documents. Grant of the Loan and acceptance of the Borrower's request shall be at the
absolute discretion of the Co-Lender, whether before or after issuing the Key Fact
Statement/Sanction letter.
3.2. The Borrower may request for disbursement only if (a) no Event of Default or potential event of
default has occurred or is continuing, (b) no material adverse event in the opinion of the
Co-Lenders has occurred and (c) he has agreed to the terms of the Sanction Letter.
3.3. The Borrower's request after grant of the Sanction Letter for the Loan is irrevocable unless rejected
by the Co-Lenders.
3.4. Subject to satisfaction of all the conditions precedents, the Co-Lenders shall disburse Loans into
the Account and the Borrower confirms that the Loan shall be utilized only for the Purpose and
subject to the terms under the Transaction Documents. Any such disbursement made by the
Co-Lenders into the Account (whether in the name of the Borrower or any third party) shall be a
co-originated Loan granted by both the Co-Lenders.
3.5. The Loan, sanctioned in the form of personal term loan facility, can be availed in a single tranche
subject to the condition that the total loan availed shall not exceed the maximum loan amount
specified in Loan Summary. In case of a credit limit facility, once a limit (which is availed) is repaid
the principal amount repaid will be re-instated to the original sanctioned Loan amount. Limit will be
valid for a fixed tenure to begin with, and basis usage and Borrower behaviour. The Borrower may
request for disbursement of a tranche under the Loan if (a) no Event of Default or potential event of
default has occurred or is continuing, (b) no material adverse event in the opinion of Co-Lenders
has occurred.
3.6. In case of a credit limit facility, the right to extend the limit validity period is reserved by Co-Lenders

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in its discretion. Every such request for Loan shall be assessed individually, at each of Lenders'
sole discretion and specifically in respect of Lender 1, based on its internal policies and eligibility
criteria applicable to a Borrower/s. Co-Lenders at their sole discretion agree to the Borrower re-
borrowing any amount(s) under the Loan Documents for such amounts not exceeding the capped
amount mentioned in Loan Summary and for such further periods as Co-Lenders may deem fit
and/or in compliance with applicable laws and including, revising any of the conditions for the Loan,
specifying additional conditions, which shall all be binding on the Borrower. The Rate of Interest
tenure and change in conditions shall be as intimated by Co-Lenders to the Borrower.
3.7.
4. Interest and other charges
4.1. The Loan shall carry interest at the rate specified in the Loan Summary and the Transaction
Documents.
4.2. In case of an Event of Default, Borrower will, to the extent permitted by law, be required to pay
interest (before as well as after judgment / award) and such other charges plus GST (as applicable)
mentioned in this Loan Summary on the overdue amount to the Co-Lenders on demand, for the
period from (and including) the original Due Date for payment to (but excluding) the date of actual
payment, along with the Default Charges.
4.3. The Borrower acknowledge and agree that (i) the rates of interest specified in the Transaction
Documents are reasonable and that they represent genuine pre-estimates of the loss expected to
be incurred by the Co-Lenders in the event of non-payment of any monies by the Borrower; and (ii)
the rate of interest payable by the Borrower shall be subject to change prospectively based on the
monetary policies as may be changed by the Reserve Bank of India and other factors impacting the
interest rates, such changes shall be duly communicated to the Borrower.
4.4. In case the Borrower wishes to (i) prepay the Loan before the Due Date, such prepayment
will be subject to Prepayment Charges as mentioned in the Loan Summary along with other
conditions, as applicable to such prepayment.
4.5. It is clarified that the Rate of Interest shall be charged for the full tenure of the Lock-In Period under
each Loan.

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5. Payments:
5.1. The Borrower shall make payment of each Instalment or any other payment under the Transaction
Documents on or before the respective Due Date. No Due Date shall exceed the Tenure of the
Loan.
5.2. If the respective Due Date is not a Business Day, then the Borrower agrees that the payment shall
be made on the preceding Business Day.
5.3. All payments shall be made in freely transferable funds without any set off, counter claim or any
deduction. The Borrower shall not deduct/withhold any tax at source from the payment to be made
to the Co-Lenders.
5.4. Notwithstanding anything to the contrary, the Co Lenders may, at any time, cancel the undisbursed
portion of the Loan, if any, and can also recall any or all portion of the disbursed Loan on demand
in the event of occurrence of an Event of Default. Upon such recall, the Loan and other amounts
stipulated by the Co-Lenders shall be payable forthwith.
5.5. The Borrower shall make repayment of the principal amount under the Loan(s) in such proportion
and periodicity as may be provided in the Transaction Documents or as communicated by the
Co-Lenders from time to time.
5.6. The Borrower may, subject to payment of Prepayment Charges, prepay the outstanding principal
amounts of Loan or any of the Loan(s) in full before the Due Date.
5.7. If the Borrower fails to pay any amount payable on the Due Date, the Borrower shall be liable to
pay Late Payment Charges along with other default charges on the overdue amount from the Due
Date up to the date of repayment of all the amounts of the Loan mentioned .herein. Any applicable
interest accruing under this Clause shall be included in the existing overdue EMI and shall be due
and payable along with the EMI amount
6. Representations and Warranties:

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6.1. The Borrower makes the representations and warranties set out in this Section 6.1 to the
Co-Lenders
6.1.1. The Borrower has the competence and has obtained all authorizations (which is in full force and
effect) to enter into and perform his/her obligations under the Transaction Documents;
6.1.2. The Loan once granted by the Co-Lenders under Transaction Documents constitutes legal, valid
and binding obligations of the Borrower enforceable in accordance with their respective terms;
6.1.3. The Borrower is in compliance with all laws (including laws relating to environment, social and
labour, anti-corruption and anti-money laundering) applicable to him / her;
6.1.4. The entry into, delivery and performance by the Borrower of, and the transactions contemplated
by the Transaction Documents, do not and will not conflict: (a) with any law; (b) with any
document which is binding upon the Borrower or on any of its assets;
6.1.5 Except to the extent disclosed to the Co-Lenders, no litigation, arbitration, administrative or other
proceedings are pending or threatened against the Borrower or its assets, which, if adversely
determined, might have a material adverse effect;
6.1.6 All information communicated to or supplied by or on behalf of the Borrower to the Co-Lenders,
whether through the Lending Service Provider or directly, from time to time, are true and fair/ true,
correct and complete in all respects as on the date on which it was communicated or supplied;
and (b) Nothing has occurred since the date of communication or supply of any information to the
Co-Lenders which renders such information untrue or misleading in any respect;
6.1.7. The Borrower is not a specially designated national or otherwise sanctioned, under sanctions
(and related laws) promulgated by any Sanctioning Authority; and
6.1.8. The Borrower has not taken any action and no other steps have been taken or legal proceedings
started by or against it in any court of law/ other authorities for its insolvency, bankruptcy, winding
up, dissolution, administration or re-organization or for the appointment of a receiver,
administrator, administrative receiver, trustee or similar officer of the Borrower or of any or all if its
assets.
6.1.9. The Borrower is not a Politically Exposed Person (PEP). PEP are individuals who are or have
been entrusted with prominent public functions in a foreign country.
6.2. Each of the representations set out in Section 6.1 shall be deemed to be repeated on each day
during the Tenure of the Loan.

Timestamp: 2022-12-11 13:50:43
7. Covenants:
7.1. The Borrower shall provide all payment mandates including but not limited to electronic clearing
service (ECS) or national automated clearing house (NACH) mandate, as and when demanded by
the Co-Lenders, to the Co-Lenders or to any person nominated by the Co-Lenders.
7.2. Borrower shall ensure that all payment mandates including Electronic Clearing Service (ECS) or
National Automated Clearing House (NACH) mandate, if any, provided to the Co-Lenders or to any
person nominated by the Co-Lenders, are honoured at all times and such mandates are not altered
or amended without prior permission of the Co-Lenders.
7.3. The Borrower shall comply with all laws applicable with respect to the end use of the Loan.
7.4. The Borrower shall ensure that the obligations under the Transaction Documents shall at least rank
pari passu with all its unsecured and unsubordinated obligations.
7.5. The Borrower shall, within 3 (three) Business Days of demand by the Co-Lenders, pay the amount
of any Increased Costs incurred by the Co-Lenders as a result of (i) the introduction of or any
change in (or in the interpretation, administration or application) of any law or regulation; (ii)
compliance with any law or regulation made before or after the date of relevant Loan (including any
law or regulation concerning capital adequacy, prudential norms, liquidity, reserve assets or tax) or
(ii) on account of factors beyond the control of the Co-Lenders.
7.6. The Borrower agrees that it shall indemnify and hold harmless the Co-Lenders, severally and jointly
to the fullest extent permitted by applicable law, for all losses and liabilities (including due to claims
by a third party), incurred by the Co-Lenders as a result of acts or omissions of the Borrower or any
breach of any Transaction Documents by the Borrower.
7.7. Borrower shall submit the details of financials, sales details, stock and book debts statement on
such periodicity as required by the Co-Lenders.
7.8. Borrower shall promptly provide upon request of the Co-Lenders any further document/information
as maybe required by the Co-Lenders.

Timestamp: 2022-12-11 13:50:43
7.9. Borrower undertakes to ensure that all information provided to the Lenders shall remain true at all
times during the Tenure of the Loan.
7.10. Borrower shall indemnify for the misuse of funds/product/services availed from the Co-Lenders.
Borrower shall use the funds for the legitimate Purpose as specified in the Loan Summary only.
7.11. The Borrower shall not:
7.11.1. use the fund for purchase of gold in any form, (including primary gold, gold bullion, gold jewellery,
gold coins, units of gold exchange traded funds (ETF) and units of gold mutual funds);
7.11.2. directly or indirectly: (a) use the Loan in any transaction with or for the purpose of financing the
activities of, any person/country currently subject to any sanctions by Sanctioning Authority; and
(b) take part in or financing any activity, production, use of, trade in, distribution of, or otherwise
involved in any exclusion list; and
7.11.3. directly or indirectly, make or offer any payment, gift or other advantage which is intended to, or
does, influence or reward any person (whether or not they are in the public sector) for acting in
breach of an expectation of good faith, impartiality or trust or otherwise performing their function
improperly.
7.11.4. use the funds to invest in any real estate activities, capital market, equity market, and to repay
any personal loan/ housing loan/ rupee loan or use of the funds for working capital or general
corporate purposes.
7.12. The Borrower shall provide end use certificate in a form and manner satisfactory to the
Co-Lenders. if and as requested by the Co-Lenders.
7.13. The Borrower shall promptly notify the Co-Lenders in writing upon occurrence of any breach of
covenant or representation or occurrence of Event of Default and the steps, if any, being taken to
remedy it.
7.14. The Borrower shall from time to time, if required by the Co-Lenders, provide security, in a form and

Timestamp: 2022-12-11 13:50:43
manner satisfactory to the Co-Lenders.
7.15. The Borrower shall promptly notify the Co-Lenders of any breach of any representations,
warranties, covenants, undertakings or any other terms of these Standard Terms together with the
steps taken to remedy it. Upon the breach being reported, the Co-Lenders may, without prejudice
to any of its rights under law or contract, in its sole discretion recommend implementation of
corrective measures to remedy such breach in a form, manner and time as may be necessary or
desirable to the Co-Lenders.
7.16. Notwithstanding any of the provisions of the Indian Contract Act, 1872 or any other applicable law
or anything contained in the Transaction Documents, the amounts repaid by the Borrower shall be
appropriated first towards cost, charges and expenses and other monies; secondly towards interest
on cost charges and expenses and other monies; thirdly towards interest on the delayed payments;
fourthly towards interest payable under the Transaction Documents and lastly towards repayment
of any principal amounts.
8. Event of Default:
8.1. The Borrower shall be deemed to have committed default on the occurrence of, inter-alia but not
limited to, any one or more of the following events (hereinafter referred to as "Event of Default")
8.1.1. Default has occurred in the payment of any monies in respect of the Loan (whether at stated Due
Date, by acceleration or otherwise) under the terms of the Transaction Documents..
8.1.2. Default (other than a payment default) has occurred in the performance of any covenant,
condition, agreement or obligation on the part of the Borrower under the Transaction Documents
and such default has continued for a period of 10 (ten) days after notice in writing thereof has
been given to the Borrower or as the case may be, to such other person, by the Co-Lenders
(except where the Co-Lenders is of the opinion that such default is incapable of remedy, in which
event, no notice shall be required).
8.1.3. The Borrower has, or there is a reasonable apprehension that the Borrower would, voluntarily or
involuntarily become the subject of proceedings under any bankruptcy or insolvency law, or is

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voluntarily or involuntarily dissolved, or declared insolvent, or if an attachment or distrait has been
levied on the Borrower's assets or any part thereof or certificate proceedings have been taken or
commenced for recovery of any dues from the Borrower or if one or more judgments or decrees
have been rendered or entered against the Borrower and such judgments or decrees are not
vacated, discharged or stayed for a period of 30(thirty) days, and such judgments or decrees
involve in the aggregate, a liability which could have a material adverse effect.
8.1.4. Death of any Borrower, lunacy or any other circumstances leading to the borrower becoming
legally incapacitated to discharge his obligations herein
8.1.5. Breach of any representation, warranty, declaration or confirmation made or deemed to be made
under the Transaction Documents. including provisioning of incorrect information and/or
documents.
8.1.6. The Borrower is unable or has admitted in writing its inability to pay any of its indebtedness as
and when they mature or become due.
8.1.7. The security, if any, for the Loan is in jeopardy or ceases to have effect in the sole opinion of the
Co-Lenders.
8.1.8. It is or becomes unlawful for any Borrower to perform any of its obligations under the Transaction
Documents.
8.1.9. The Borrower is in breach of any other loan/facility/any agreement with any other person/ entity.
8.1.10. The status of the Borrower changes from resident to non-resident.
8.1.11. If the Borrower is charged or convicted by any Court of law or Government / regulatory /
supervisory authorities for any penal/ criminal offence or offence of a moral turpitude.
8.2. An event of default howsoever described (or any event which with the giving of notice, lapse of
time, determination of materiality or fulfilment of any other applicable condition or any combination
of the foregoing would constitute an event of default) occurs under any agreement or any

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indebtedness of the Borrower or becomes capable at such time of being declared, due and payable
under such agreements before it would otherwise have been due and payable.
8.3. One or more events, conditions or circumstances (including any change in law) shall occur or exist
which could have a material adverse effect.
8.4. The Borrower shall promptly notify the Co-Lenders in writing upon becoming aware of any default
and the steps, if any, being taken to remedy it.
9. Consequences of Event of Default:
9.1. Upon occurrence of any Event of Default, each of the Co-Lenders shall be jointly and severally
entitled at its absolute discretion to inter alia:
9.1.1. Call upon the Borrower to pay forthwith the total outstanding balance of the Loan together with
interest and all sums payable by the Borrower to the Co-Lenders;
9.1.2. Call upon the Borrower to pay all claims, costs, losses and expenses that may be incurred by the
Co-Lenders because of any act or default on the part of the Borrower with respect to the Loan
and/or for the recovery of the outstanding dues (including legal/attorney fee) and/or on account of
failure of the Borrower of any of the terms and conditions under the Transaction Documents;
9.1.3. Enforce any rights available to it under any law or contract.
10. Miscellaneous:
10.1. Online Transactions:
10.1.1. For ease of operation of the Borrower, Borrower shall have the option of applying for further
facilities provided by the Co-Lenders using online secure DLAs of Lending Service Providers as
may be specified by the Co-Lenders (hereinafter referred to as "Online Loan").The Online Loan
shall be extended to the Borrower subject to the Borrower complying with the Co-Lender's credit
parameters and submitting all documents/information as may be required by Co-Lenders in such

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form as may be specified by the Co-Lenders from time to time.
10.1.2. It shall be the sole responsibility of the Borrower to ensure that the password is not compromised
or shared with any other individual / third party.
10.1.3. The Borrower expressly agrees and acknowledges to have read and understood the terms
applicable for usage of the Online Loan and be bound by such terms and conditions (as amended
by the Co-Lenders from time to time) at all times during the tenure of such Loan.
10.1.4. The Co-Lenders shall have no obligation to verify the authenticity of any transaction/instruction
received or purported to have been received from the Borrower through the Online Loan or
purporting to have been sent by the Borrower other than by means of verification of the Access
Codes.
10.1.5. All the records of the Co-Lenders with respect to the online request for Loan arising out of the use
of the Online Loan shall be conclusive proof of the genuineness and accuracy of the transaction.
While the Co-Lenders shall endeavour to carry out the instructions promptly, they shall not be
responsible for any delay in carrying on the instructions due to any reason whatsoever, including
due to failure of operational systems or any requirement of law.
10.1.6. Borrower can check the availability of a pre-approved offer that may be made by the Co-Lenders
through Online Loan. Any pre-approved offer by the Co-Lenders does not constitute grant of Loan
to the Borrower and shall be subject to the terms as may be specified by Co-Lenders from time to
time.
10.1.7. Borrower acknowledges and accepts that the Co-Lenders may permit/allow anybody quoting the
correct Access Codes and other details to conduct the type of operations which are permitted
under the Online Loan.
10.2. Notices
10.2.1. Any notice or request to be given or made by a party to the other shall be in writing. Such notice
or request shall be deemed to have been duly received by the party to whom it is addressed if it is

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given or made at the address specified below or at such other address as may be agreed from
time to time.
10.2.2. Any notice pursuant hereto shall be deemed to be duly given and served if sent by post/ courier/
telegram/ facsimile transmission/ e-mail addressed to the Borrower's address/es mentioned here
in above or in such other electronic mode duly notifying the Borrower and such notice other than
by way of e-mail/ other electronic modes shall be deemed to take effect on the second working
day following the date of the posting or the actual date of receipt whichever is earlier. If the notice
is sent through e-mail or any other electronic mode, the notice shall be deemed to be served
when the relevant receipt of such notice being read is given, or where no read receipt is
requested by the Co-Lenders, at the time of sending.
10.2.3. For the Co-Lenders:

Registered office address as specified in the Loan Summary.
10.2.4. For the Borrower:
The address as stated in the Loan Summary. The Co-Lenders may also agree to act on the basis of
request made via registered email ID of the Borrower.
Provided however that a notice or communication to any Borrower shall be deemed to be a notice or
communication to other Borrower(s).
10.3. The Co-Lenders shall be entitled at the sole risk and cost of the Borrower to engage one or more
person(s) to collect the Borrower's dues and shall further be entitled to share such information,
facts and figures pertaining to the Borrower as the Co-Lenders deems fit. The Co-Lenders shall
have the right to disclose or publish any information regarding the Borrower or guarantor(s) (if any)
and any information and documents that they might possess from time to time to:
10.3.1. any of its branches or with other banks, financial institutions, TransUnion CIBIL Limited, credit
information companies, CKYCR, RBI, credit reference or rating agencies/bureaus or other
individuals/entities either in response to their credit inquiries directed to the Co-Lenders or in the
event of the Borrower not complying with any terms and conditions herein or otherwise;
10.3.2. the Reserve Bank of India and/or any other statutory authority or official of the Government of
India or that of any other state.

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10.4. The Borrower shall not assign or transfer all or any of its rights, benefits or obligations under the
Transaction Documents. Each Lender may, at any time, assign or transfer all or any of its rights,
benefits and obligations under the Transaction Documents without any consent or permission.
10.5. The Borrower acknowledges that the Co-Lenders has or may have business and other transactions
with third parties (including those who are in the business of manufacturing, supplying or otherwise
dealing with any asset being financed by the proceeds of this Loan) and hereby waives any
conflict of interest that it may have on such arrangement. Further, the Borrower acknowledges that
any contract or arrangement between the Co-Lenders and such third parties are independent of
these Standard Terms.
10.6. The Co-Lenders reserves the right to amend the terms of these Standard Terms (except
amendment to Rate of Interest) by taking the consent of the Borrower. Rate of Interest shall not be
changed without prior consent of the Borrower.
10.7. The Co-Lenders shall be entitled to set-off all monies, securities, deposits and other assets and
properties belonging to the Borrowers and/or the Guarantor(s) in the possession of the
Co-Lenders, whether in, or on any account of the Co-Lenders or otherwise, whether held singly or
jointly by the Borrowers with others and may appropriate the same.
10.8. GST: All the charges and fees mentioned in this Transaction Document shall be subject to
applicable GST as per applicable GST laws. Any Borrower who is not registered under Goods and
Service Tax Act (GST) shall not be eligible to claim input of GST paid on charges levied.
For the purpose of this clause, the term 'GST' or 'GST law' shall include the Central Goods and Services
Tax ('CGST'), the State Goods and Services Tax ('SGST'), Integrated Goods and Services Tax ('IGST'),
Union Territory Goods and Services Tax ('UTGST') and any other taxes levied under the GST related
legislations in India as may be applicable. The term 'GST legislation/s' should be accordingly interpreted.
11. Governing Law and Dispute Resolution
11.1. Any and all claims and disputes arising out of or in connection with the Transaction Documents or
its performance shall be subject to the laws of India.

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11.2. In the event of any disputes, differences, claims and questions whatsoever between the parties
hereto arising out of or in connection with or incidental to or touching these Disbursement Terms or
the construction or application thereof or any clauses or thing herein contained or in respect of any
account and the duties, responsibilities and obligations of either party hereunder or as to any act or
omission of any party or as to any other matter in any way relating to these Disbursement Terms or
the rights, duties and liabilities of either party under these Disbursement Terms, such dispute shall
be referred to and settled by Arbitration in accordance with the Arbitration and Conciliation Act,
1996 or any statutory modification or re-enactment thereof for the time being in force, such
arbitration being administered either physically through a recognised independent institution or
electronically by an independent institution, in accordance with such institution's Dispute Resolution
Rules ('Rules'). The Party invoking the arbitration ('Claimant') shall address a notice to the other
Party ('Respondent') suggesting the names of the recognised independent institution ('Designated
Institution'). The Respondent shall either: (i) Confirm in writing acceptance of the Designated
Institution to the Claimant within a period of ten (10) days from the date of notice ('Notice Period');
or (ii) Convey objection, if any, in writing to the Claimant, against the proposed name of the
Designated Institution within the said Notice Period and propose the name of an alternate
recognised independent institution ('Alternate Institution'). However, if the Claimant does not
receive any response from the Respondent within the said Notice Period or does not receive the
details of the Alternate Institution, the Claimant shall be entitled to request the Designated
Institution to nominate the sole arbitrator and such arbitrator shall be deemed to be appointed by
both the Parties. In the event, the Respondent conveys its objection as per (ii) above and proposes
the Alternate Institution, the Claimant shall have a period of ten (10) days to either accept or reject
the appointment of such Alternate Institution. If the Claimant rejects the appoint of the Alternate
Institution, then the sole arbitrator will be appointed by a Court having jurisdiction.
11.3. The Parties agree that the aforesaid proceedings shall be carried out by a sole arbitrator appointed
under the Rules. The seat of the arbitration shall be at Bengaluru, India. The language of the
arbitration shall be English. The law governing the arbitration proceedings shall be Indian law. Each
Party shall bear its own cost of arbitration, however the losing party shall reimburse the winning
party in respect of the costs incurred by the wining party in respect of the arbitration.The decision of
the arbitrator shall be final and binding on the parties. Subject to the above, the competent courts
at Bengaluru shall have exclusive jurisdiction.
12. Grievance Redressal Mechanism

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12.1. Grievance Redressal Mechanism of the Lending Service Provider:
Borrower can raise their concerns pertaining to the Lending Service Provider, EMI schedule, Loan Type,
Processing Fee and/ or any other charges or any other concern related to the Loan to authorised
representatives of Finnovation Tech Solutions Private Limited as below. Please refer to
https://www.kreditbee.in/grievance-redressal for the updated Grievance Redressal Policy information.
12.2. Grievance Redressal Officer
Borrowers are requested to address all their grievances at the first instance to the Grievance Redressal
Officer. The contact details of the Grievance Redressal Officer are:
Ms. Meghna Shah

Company: Finnovation Tech Solutions Private Limited
Address: 16/3, Adarsh Yelavarthy Centre, opp. to Frank Anthony School
Cambridge Layout,Jogupalya Bangalore Karnataka- 560008
Contact: 080-44292200
Email: help@kreditbee.in
The Grievance Redressal Officer may be reached on the number provided above anytime between 10:00
to 21:00 from Monday to Friday and 10:00 to 19:00 on Saturdays except public holidays or through the
e-mail address above. The Grievance Redressal Officer shall endeavor to resolve the grievance within a
period of 14 (fourteen) days from the date of receipt of a grievance.
12.3. Nodal Officer
If the Borrower does not receive a response from the Grievance Redressal Officer within 14 (fourteen)
days of making a representation, or if the Borrower is not satisfied with the response received from the
Grievance Redressal Officer, the Borrower may reach the Nodal Officer on the number below anytime
between 10:00 to 21:00 from Monday to Friday and 10:00 to 19:00 on Saturdays except public holidays or
write to the Nodal Officer at the e-mail address below. The contact details of the Nodal Officer are
provided below.
Mr. Puneet Oberoi
Designation: Nodal Officer
Company: Finnovation Tech Solutions Private Limited
Address: 16/3, Adarsh Yelavarthy Centre, opp. to Frank Anthony School

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Cambridge Layout, Jogupalya Bangalore Karnataka- 560008
Contact: 080-44292233
Email: grievance@kreditbee.in
12.4. Grievance Redressal Mechanism of the Co-Lender
For all grievances against the Co-Lenders, please refer to Grievance Redressal Policy of Lender 1 at
https://regulatory.creditsaison.in/grievance-redressal-policy and the Grievance Redressal Policy of Lender
2 at https://www.kbnbfc.in/grievance-policy. Further, for your convenience details of the Grievance
redressal mechanism of the both the Co-Lenders are provided hereinbelow.
Lender 1
Grievance Redressal Officer
In case the complaint is not resolved within the given time or if borrower is not satisfied with the solution
provided at the first instance, the customer can approach the Complaints Redressal Officer. The name
and contact of the Complaint Redressal Officer is as follows:
Ms. Preethi Nair

Postal/Courier: Kisetsu Saison Finance (India) Private Limited, IndiQube Lexington Tower,
First Floor, Tavarekere Main Road, Tavarekere, S.G. Palya, Bengaluru, Karnataka 560029
Contact: 9962003070
Email Id: grievance@creditsaison-in.com
Lender 2
Grievance Redressal Officer
Borrowers are requested to address all their grievances at the first instance to the Grievance Redressal
Officer. The contact details of the Grievance Redressal Officer are:
Mr. Sauraw Kumar

Address: 3rd Floor, No. 128/9, Maruthi Sapphire, HAL Airport Road
Murgesh Palya, Bangalore, Karnataka -560017
Contact: 080-44292555
Email: reachus@kbnbfc.in

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The Grievance Redressal Officer may be reached on the number provided above anytime between 10:00
to 21:00 from Monday to Friday and 10:00 to 19:00 on Saturdays except public holidays or through the
e-mail address above. The Grievance Redressal Officer shall endeavor to resolve the grievance within a
period of 14 (fourteen) days from the date of receipt of a grievance.
12.5. Nodal Officer
If the Borrower does not receive a response from the Grievance Redressal Officer within 14 (fourteen)
days of making a representation, or if the Borrower is not satisfied with the response received from the
Grievance Redressal Officer, the Borrower may reach the Nodal Officer on the number below anytime
between 10:00 to 21:00 from Monday to Friday and 10:00 to 19:00 on Saturdays except public holidays or
write to the Nodal Officer at the e-mail address below. The contact details of the Nodal Officer are
provided below.
Mr. Ajeet Kumar

Address: 3rd Floor, No. 128/9, Maruthi Sapphire, HAL Airport Road
Murgesh Palya, Bangalore, Karnataka -560017
Contact: 080-44292244
Email: grievance@kbnbfc.in
12.6. Complaints to Ombudsman
In case the Borrower does not receive a response from the Grievance Redressal Official or the Nodal
Officer within one month from the date of making a representation to the Co-Lenders, or if the Borrower is
not satisfied with the response so received, a complaint may be made in accordance with the 'Reserve
Bank-Integrated Ombudsman Scheme, 2021' ("Ombudsman Scheme") to the Ombudsman in whose
jurisdiction the office of the Co-Lenders complained against, is located. For contact details of the
Ombudsman and for salient features of the Ombudsman Scheme, please refer to
https://regulatory.creditsaison.in/integrated-ombudsman-scheme for Lender 1 and
https://www.kbnbfc.in/ombudsman-scheme for Lender 2. A copy of the Ombudsman Scheme is available
on the website of the Reserve Bank of India at www.rbi.org.in and also with our Nodal Officers of both the
Co-Lenders.

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ANNEXURE A
THE MOST IMPORTANT TERMS AND CONDITIONS - MITC
1. We refer to the Disbursement Terms for grant of the Loan.

2. Capitalized terms used but not defined hereunder shall have the meaning ascribed to the term in
other Transaction Documents.
3. The Borrower acknowledges and confirms that the below mentioned are the most important terms
and conditions in the Disbursement Terms for the Loan (and which would apply to the Borrower in
respect of the Loan, upon disbursal of the Loan by the Co-Lenders) and they shall be read in
conjunction with the Loan Summary(s), and the Standard Terms):
Borrower MADHUMITHA MADHUMITHA
Loan Type Term Loan
Purpose Medical expenses
Tenure 5
Fixed Rate of Interest (% per annum) 29.95%
EMI Schedule Kindly refer to Repayment Schedule

Penalty charges applicable on repayment post due date per day
Annualized Late Payment Charges/ for each instalment:
First Overdue Day penalty charges 2 % of principal overdue*
Penalty Interest Charges (INR) Penalty charges for 2-30 days 0.2 % of principal overdue*
Overdue interest at an annualized interest rate of 29.95% p.a will
be applicable per day on principal overdue
*round to nearest rupee
Annual Percentage Rate (% Per Annum) 65.11
Cooling-off Period 3 days
Repayment EMI
Lock-in period 5
Risk Category Low

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4. The Borrower understands that the Co-Lenders have adopted risk-based pricing, which is arrived at
by taking into account, broad parameters like the customers financial and credit profile. Further, the
Borrower acknowledges and confirms that the Co-Lenders shall have the discretion to change
prospectively the rate of interest and other charges applicable to the Loan with the consent of the
Borrower.
5. The Borrower acknowledges and confirms having received a copy of each Transaction Document
and agrees that this letter is a Transaction Document.

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Annexure B- (Repayment Schedule)
S.No. Outstanding Principal (INR) Principal (INR) Interest (INR) Fees (INR) Due Date Instalment (INR)
1 8502 1998 262 0 11 Jan 2023 2260

2 6454 2048 212 0 11 Feb 2023 2260
3 4355 2099 161 0 11 Mar 2023 2260
4 2204 2151 109 0 11 Apr 2023 2260
5 0 2204 55 0 11 May 2023 2259
(Note: The due date, interest and repayable amount is subject to change as per the disbursement
date of the loan amount.)
ACKNOWLEDGEMENT: Co-Lenders acknowledges receipt of your Loan Summary together with

the Standard Term. We will revert within 5 working days subject to furnishing the necessary
documents to Co-Lender's satisfaction.

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ACCOUNT TYPE/ PURPOSE: Personal

NAME: MADHUMITHA MADHUMITHA

FATHER/SPOUSE NAME: Santhosh Kumar

DATE OF BIRTH: 1998-08-09

MARITAL STATUS: Married

RESIDENTIAL STATUS: INDIAN

PROOF OF ADDRESS/IDENTITY: PAPERLESSAADHAAR

ADDRESS TYPE: PERMANENT

PHONE NUMBER: 9566342716

NAME OF BANK: CANARA BANK

Signed By: MADHUMITHA MADHUMITHA

RELATED PERSON TO BE CONTACTED WHEN BORROWER IS UNREACHABLE

NAME OF RELATED PERSON: Santhosh Kumar

PHONE NUMBER OF RELATED PERSON: 7358889746

Signed By: MADHUMITHA MADHUMITHA

S. No. Particulars Details

1 LOAN ID/ SERIAL ID KB221211ZHILL

SUMMARY OF LOAN TERMS ("LOAN SUMMARY")

Lender 1: Kisetsu Saison Finance (India) Private Limited

Signed By: MADHUMITHA MADHUMITHA

Purpose of the Loan Medical expenses

Total interest charge during the entire 799

tenure of the loan (INR)

Tenure (In Months) 5 months

Processing Fees (INR) 684

One Time Onboarding Charges

Loan Document Signing Charges 25

Credit Reassessment Fees (INR): NIL

Document Collection Fees (INR): NIL

Signed By: MADHUMITHA MADHUMITHA

Insurance Facilitation Charges (INR) NIL

Credit Information Report NIL

All taxes including goods and services tax, duties, cess

Net disbursed amount (INR) 9524

Total amount to be paid by the Borrower 11299

Annual Percentage Rate (% Per Annum) 65.11

Cooling-Off period* 3 days

Lock-In Period 5 months

I agree to submit the following documents for availing of Loan:

Signed By: MADHUMITHA MADHUMITHA

2 Passport/Voter ID/Masked Aadhaar/Driver License paperlessAadhaar

3 Last 3 months bank statements or other income proof No

4 Any other document requested by the Co-Lenders NA

Signed By: MADHUMITHA MADHUMITHA

SELF-DECLARATION AND UNDERTAKING:

Signed By: MADHUMITHA MADHUMITHA

Signed By: MADHUMITHA MADHUMITHA

Signed By: MADHUMITHA MADHUMITHA

Signed By: MADHUMITHA MADHUMITHA

Signed By: MADHUMITHA MADHUMITHA

Signed By: MADHUMITHA MADHUMITHA

3. Sanction and Disbursement

Signed By: MADHUMITHA MADHUMITHA

Signed By: MADHUMITHA MADHUMITHA

6. Representations and Warranties:

Signed By: MADHUMITHA MADHUMITHA