PRIVATE & CONFIDENTIAL DATE: 21-Jun-2024

Dear RUDRA NARAYAN PARIDA (ATHA/180624/1385/1)

LETTER OF INTENT

With reference to your application and your subsequent interview with us, we are
pleased to inform you that you have been shortlisted as a "Trainee" (TSFO) in
Svatantra Microfin Pvt. Ltd. for Dhenkanal location.

You will undergo training from 21-Jun-2024 (Date of Joining) to 27-Jul-2024 at

the following Mentor Branch Dhenkanal
This Training is subject to below terms and conditions:
1. You shall undergo 30 days training program. This will be a combination of
Field Training at the allocated mentor branch and classroom training after 7
to 10 days of joining. The details of training center will be confirmed upon
your joining at training branch. The Company reserves the right to decide on
the location wherever required as per Business needs and you are expected
to adhere to the same.
2. After completion of 30 days training, you will undergo certification program
and if qualified, you will be eligible to be appointed in the organization for
above mentioned assigned branch.
3. In case, you fail in the certification program conducted by the company, this
letter shall stand withdrawn.
4. This Letter of intent, your training program and appointment in the
organization post successful certification, are all subject to positive and
acceptable feedback from the reference checks and background screening
agency reports.
5. The company reserves the right to terminate this agreement at any time
during the training period or later at the time of appointment, if the
feedback is negative or unacceptable.
6.The company will provide you a Safety Helmet on the last day of your
classroom training. The same should be used at all times even while driving
or riding pillion.
7. Only company provided helmet should be used at all the times irrespective of
having a personal helmet.
8. A nominal cost of Rs. 841/- towards the helmet, will be deducted from your
training payment post certification.

During your training period, you shall be paid a onetime amount Rs.5000/-
(Rupees Five Thousand Only)and benefits (Annexure attached herewith) to
meet your expenses during the training period. This amount will be paid
only on completion of the training period. In case you leave before
completion of your training, you will not be eligible to receive the said
amount. As per company policy for the above mentioned period you will be covered
under "Personal Accidental Policy" for which a sum of INR 20/- + GST will be
deducted.

After successful completion of your training and getting certified to be eligible for
employment, your annual compensation shall be decided and informed to you by the
HR team. You will be entitled to employee benefits (Annexure attached herewith),
post successful onboarding.

This will be effective from the date of joining the company, i.e after certification in
accordance to clause no. 2 mentioned above.

This letter is valid for a period of One Month starting from your reporting at
mentor branch and can be extended on mutually agreed terms and conditions. It is
explicitly been clarified that the extension of the same shall take place subject to a
satisfactory performance from you during the training period and at the sole
discretion of the company.

We look forward to your reporting on 21-Jun-2024 (Date of Joining)

Please note that this letter of intent shall stand cancelled in case you are unable to
report on the mentioned date.

In case you are unable to join on the above mentioned date, request you to give
prior intimation. In absence of prior intimation, this Letter of intent shall stand
cancelled.
Please share a signed copy of this letter as an acceptance.

FOR SVATANTRA MICROFIN PVT. LTD.

AUTHORIZED SIGNATORY

NAME: Santosh Kumar Sethi

DESIGNATION & DEPARTMENT: Svatantra Area Manager, Field Operations

To HR Team,

1.I accept, that I have read and understood the terms of the letter
detailed above. I agree to abide by the same.

2.I hereby agree and confirm my consent to Svatantra for sharing my

personal & past employment details with external agencies for
Reference check and Background Verification process.
Thank you,

Yours Sincerely
This is a system / electronically generated letter and does not require any
signature
 ANNEXURE

Training Benefits: During, 30 days training program

• GPA Insurance will be given as per Company Policy for self.
• Safety Coverage (Helmet) will be given as per Company Policy.
• Travel and Food reimbursement will be given as per Company Policy.
Employee Benefits: After Successful completion of certification:
• Offer of Appointment as an employee of Svatantra.
• Mobile and fuel expenses shall be reimbursed as per Company Policy
• Performance based Incentives shall be paid as per Company Policy
• Leave Benefits as per company policy
• Coverage under ESIC Scheme as applicable
• Statutory savings through Provident Fund (part of CTC)
• Group Mediclaim Coverage, as per Company Policy (self & family)
• Group Personal Accident and Group Term Life Insurance for self, as per
Company Policy
 ANNEXURE 2 : Consent Form

Dear Candidate,

We at Svatantra follow a strong background verification process during offer &

onboarding stages of our candidates.

As part of this process, we will be initiating past company reference checks and Credit
Information / Bureau check before extending an offer for employment and background
verification including residence, court and criminal checks upon joining the organization.

Request your consent in the below form for us to proceed with the process of pre-
employment checks.

Thank you,

Svatantra Human Resources Team

Consent Form

I, RUDRA NARAYAN PARIDA (ATHA/180624/1385/1) hereby give my consent to Svatantra

Microfin Pvt. Ltd. to use my KYC details like Aadhaar, PAN, and Address details for
conducting the following checks at the time of offer and post joining the organization:

1. Past company reference checks and Credit Information / Bureau check

before extending an
offer for employment.
2. Reference check from the relieving organization.
3. Background verification including residence, court and criminal checks.
4. Any other check as deemed required.

I understand that Svatantra Microfin Pvt. Ltd. will be conducting this check as a part of
either pre-employment or anytime during the employment. I also understand that the
company shall ensure security and confidentiality of my personal information. This
information will be for internal purposes only.

Thank you,

Yours Sincerely

Location:Dhenkanal

Date & Time of Acceptance:

 ANNEXURE 3 : Declaration Form

From:

Candidate Name: RUDRA NARAYAN

PARIDA

Address: GHODADIAN, BADALO,

DHENKANAL

Mobile Number: 9178513988

Date: RUDRA NARAYAN PARIDA -

01-01-1970 05:30:00

To

Human Resources Team

Svatantra Microfin Pvt. Ltd.

Head Office

Mumbai

Subject: Declaration confirming no relationship with Svatantra Employees.

Dear Sir/Madam,

I Mr./Ms. RUDRA NARAYAN PARIDA , here declare and confirm that I do not have any of
my family member or other immediate relative working as an employee at Svatantra.

I am aware and understand, that at any point of time, if this information is found to be
untrue or false, Svatantra reserves the right to take appropriate action as applicable in
the code of conduct. I agree to the code of conduct of the organization and will have no
objection in Svatantra taking any action as per the organizational policy.

Thanking you,

Yours sincerely,

Location:Dhenkanal

Date & Time of Acceptance:

RUDRA NARAYAN PARIDA - 01-01-1970 05:30:00