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KVB SANCTION LETTER
KVB SANCTION LETTER
To
M/s Sai Steel Industries
Represented by Sole Proprietor Mr. Harendra Singh
No 26, Sadayankuppam Road,
Manali, Chennai 600103
We are glad to inform that at your. request, the following facility has been sanctioned as per the details
furnished below and on the terms and conditions mentioned herein as well as those mentioned in the loan
documents. Present rate of interest is arrived based on your. previous turnover/ac count transactions. Hence you
are requested to close your current account number '027805004979 maintained with ICICI Bank and route all
your business transactions through our Bank SOD account so that we will be in a position to recommend for
rate of interest reduction. We assure to reduce present rate of interest from 1.5% to 2% after two months time
on complying our terms and conditions.
s ·Na Validity
• Interest
No. F Period (In validity
Months) "Type
'
49,00,000/-
1 SOD 33.34 EBRR 12.7 12 Floating 16/11/20
23
,. -1?1
~F
\
•CIN: L65110TN1916PLC001295