Private and Confidential

Date: 05th Jan 2024

Cardmember: Mr. Shanmuga Sundaram

Subject: Settlement of dues pertaining to your OneCard credit card 4182XXXXXXXX4306
issued with SIB

Kind Attn: Mr. Shanmuga Sundaram

As per your discussion with One Card Representative on 01 Jan’24, you had acknowledged
that as per your last statement, an amount of ₹ 102204.72( One Lakh Two Thousand Two
Hundred Four Rupees And Seventy Two Paisa Only) is due and payable. You had also us
that you are unable to repay these dues on account of financial issues and hence,
requested us to consider settle the dues for a lower amount than that mentioned in the
statement.

As an exception, we have considered your request and have agreed to settle your dues
at ₹ 40000 ( Forty Thousand ). This settlement amount must be paid by you as one
installment(s) from your OneCard app.

This settlement is being granted on your assurance to comply with below terms as an
exceptional case and is valid only till 13th Jan 2024. Your OneCard account will be closed
only after the agreed settlement amount is received by us within the agreed timeframe.

We have enclosed an annexure with important terms for your reference. This
communication is in reference to your OneCard credit card 4182XXXXXXXX4306
issued with SIB only and supersedes all previous offers made on this account. This
settlement is being offered to you solely at your request and as per your financial
circumstances. Please maintain the confidentiality of this letter, or else it will be
withdrawn. Kindly sign the attached copy of this letter as a token of your acceptance
of the above terms
Sincerely,

Team OneCard

* This is a computer-generated letter and does not require a signature

Received, Accepted and Signed by Mr. Shanmuga Sundaram on his own will, free consent,
and volition.

Date: 05th Jan 2024

(Signature)
Shanmuga Sundaram

Annexure

Terms:
1. Legal cases/complaints: Any legal proceedings or complaints initiated or lodged by
you or on your behalf against the company and/or its employees, officials and
representatives shall be withdrawn unconditionally with immediate effect from the
date of this settlement letter.

2. Credit bureau records: As per an initiative of the Government of India and the
Reserve Bank of India, your credit history is provided by us to credit bureaus on a
regular basis. Once you pay the settlement amount, this account status will be
updated as “Settled” with NIL outstanding in bureau records as per the provisions
of the Credit. Information Companies Regulation Act 2005, within 60 days from the
date your payment is received.

3. Default in payment: In case of any default from your side towards payment of this
settlement amount, this settlement offer shall stand null, void and withdrawn, along
with any concessions granted. In such circumstances, you are liable to pay the
entire outstanding amount immediately as per the statement of account. We take
appropriate measures to recover the entire outstanding dues by initiating both civil
and criminal proceedings as per the terms and conditions of this settlement as well
as the OneCard terms.

Disha Building, S.N.127, Opposite help@getonecard.app www.getonecard.app

Sarja Hotel, Aundh Pune
PIN- 411007 +91 9988871111