Key Fact Statement: Breakdown

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Key fact statement

Applicant Name

Harshit

Lending partner

Quadrillion Finance Private Limited

Date

09 May 2024 00:24:49 (Indian Standard Time)

Breakdown

Transfer amount (a) ₹1,280.00

Processing fees1 (b) ₹75.00

Loan Protection Fees (c) ₹18.00

Loan amount (d = a + b + c) ₹1,373.00

Interest (e) ₹198.30

Total payable (d+e) ₹1,571.30


Repayment details

APR2 (for disbursal of ₹1,280.00) 48.81%

Interest Rate 34%

Loan tenure 9 months

Repayment frequency Monthly

No of instalments 9

Instalment amount ₹174.59

Cooling-off period 3 days

Cooling-off charges ₹75.00


Original repayment schedule

DUE PRINCIPAL INTEREST AMOUNT PRINCIPAL


DATE REMAINING

05 Jun 2024 ₹138.78 ₹35.81 ₹174.59 ₹1,234.22

05 Jul 2024 ₹139.62 ₹34.97 ₹174.59 ₹1,094.60

05 Aug 2024 ₹143.58 ₹31.01 ₹174.59 ₹951.02

05 Sep 2024 ₹147.64 ₹26.95 ₹174.59 ₹803.38

05 Oct 2024 ₹151.83 ₹22.76 ₹174.59 ₹651.55

05 Nov 2024 ₹156.13 ₹18.46 ₹174.59 ₹495.42

05 Dec 2024 ₹160.55 ₹14.04 ₹174.59 ₹334.87

05 Jan 2025 ₹165.10 ₹9.49 ₹174.59 ₹169.77

05 Feb 2025 ₹169.77 ₹4.81 ₹174.58 ₹0.00


Prepayment charges

No interest or fees is charged on prepayment of future


dues3. Moreover, no interest is charged if the loan is
paid in full at once by the 1st due date.

Penalty charge calculation

EMI Amount Overdue Per day charges

₹0 - ₹200 ₹5

₹201 - ₹500 ₹10

₹501 - ₹1,000 ₹25

₹1,001 - ₹2,000 ₹50

₹2,001 - ₹3,000 ₹100

More than ₹3,000 ₹150

The penal charges will be capped at 50% of each EMI


amount overdue or ₹3,000, whichever is lower.
Grievance redressal officer

Mr. Jayesh M
Quadrillion Finance Private Limited

Email: help@quadrillion.finance

Contact no: +91 8069390473.


Address: No.9, Ashford Park View, 80 Feet Rd, Next to
Wipro House Building, Koramangala, 3rd Block,
Bangalore-560034

Mr. Vikram Krishnan


Garagepreneurs Internet Pvt Lt

Email: customergrievance@sliceit.com

Contact no: 093-806-16749.

Address: 747 Pooja building, 80 feet road, Koramangala,


4th Block, Bangalore - 560034

List of authorized agents Link


1. Flat fee is inclusive of 18% GST
2. APR is calculated excluding the GST component of flat fee.
3. During foreclosure, 2 days of extra interest will be charged from
the paid date due to settlement delay.

Digitally signed by DS QUADRILLION FINANCE PRIVATE LIMITED 1.


Timestamp: 2024-05-08 18:54:52 UTC.

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