Gold Loan 1

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Customer Copy
TELANGANA GRAMEENA BANK
HEAD OFFICE: HYDERABAD
BRANCH BADANGPET(lli). O
SANCTION ADVICE \
Date: 07/10/2023
TO,
Sri/ Smt. JETTIBOINA SATYA MANOHAR
S/o. / W/o. NAGA BHASKAR
Mobile: 8919680958
L._L__:o_:_a__:nN:.....::....::.C....:.;~:.:.O:...:..:-=7=90=7=55~5= 30=1=0~1~
Dear Sir/ Madam,

GOLD LOAN: Demand/ Term loan for Rs. 1,02,000 /-


with reference to your application dated 07/10/2023 we hereby sanction you a Demand Loan / Term L
1,02.,QOQ (Rupees. One Lakh Two Thousand On!y_only) .on the following terms and conditions·
1. PURPOSE : CONSUMPTIONAL
2. SECURITY : Pledge of Gold Ornaments.

S.No. Description of the


Ornaments
1 MATILU 5
2 BANGLE BROKEN 1
3. RATE OF INTEREST : 10.5% P.A. In thee t of a ·default in a payment of any ir gu
Bank reserves the right to levy a high ate of interest, as it deems fit wittffi)>n9i ~uart
yearly rests. The rate of interest • ubject to revisio from time to ti ndff/Jef shall be d have
notice of changes in the rat f interest whenever t changes display dl otified a he branch/published
in newspapers/made t ugh entry of interest charg
4. REPAYMENT :
12 the date of sanction failing which the
ornament ill be auctioned off, w1 hout etion of the Bank.
M LOAN: The loa ayable in NA (No. of installments} half yearly
ents of Rs. NA I rest for 3 consecutive months, the ornaments will be
ctioned off, without tu 10n of the Bank.
5. PROCESSING CHARG ges is payable immediately, up front to the account i.e, before
disbursement of loan.
6. Penal interest shall be levie the rate of 2% on overdue amount.
7. Bank has the right tog r auction, in case the loans remain unpaid after due date, depending upon the
status of the acco
8. If the loan ace nt remain unpaid after due date safe keeping charges to be levied on outstanding amount as
per the 1a· aown guidelines.
9. The n is also subject to other terms and conditions as mentioned in the document{s} executed/to be
ecuted in connection with the lo n and as may be prescribed by the Bank from time to time. The duplicate
copy of this arrangement letter ay please be return to us duly signed by you in token of acceptance of the
terms a~d con • ion e ile erein.

Yours faithfully, Received the original, Terms and conditions accepted

SANCTIONING T RITY SIGNATURE OF THE BORR~~(f\


PANTHULA SRIK HAN[ID.NO.: 1113] JETTIBOINA SATYA M A ~
BM
~~OP ,- I

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