Date: 17/11/2018

Reference No. 83511689

Borrower Name MRS PALLE LAKSHUMMA W/O RAMAIAH P

MR. PALLE RAMBABU

Address H NO:8/20
GOLLAPALLI VILL
PORUMAMILLA MD
KADAPA DT
KADAPA
516505
India
Phone No 9177946447
9177946447

Dear Sir,

Sanction of Credit Facilities

With reference to your request for credit facilities, we are pleased to convey our sanction of the following credit facilities
as per the terms and conditions given here under:

Borrower name MRS PALLE LAKSHUMMA W/O RAMAIAH P

MR. PALLE RAMBABU

Guarantor 1 . MR. KADUGU SURESH BABU

Total Amount Rs. 442700/- (Rupees Four Lakh Forty Two Thousand Seven Hundred Only)

Credit Facilities Sanctioned

Sl.No Nature of Facility Limit Sanctioned Flat Rate Tenor(mths) / Installments Rs

interest (%) p.a.

1 1\TRACTOR LOAN 442700.00 10.85 % Tenor 36

Frequency Q-QUARTERLY

Installment 48,897.00

Interest rate computed 18.5 % p.a

on a reducing balance
method

Purpose 1) Purchase Of POWERTRAC 439

Registered Address : HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India. Email
ID:Loansupport@hdfcbank.com Tel No:61606161 CIN(Corporate Identity Number):L65920MH1994PLC080618
Processing Fees 2

Pre EMI Interest for To be Collected from Borrower ( If Applicable)

Penal Interest for delayed payments 2% MONTHLY ON UNPAID INSTALLMENTS

Security-Primary Hypothecation charge POWERTRAC 439

Security Collateral

Stamp Duties/Legal Expenses All stamp duties, present and future to be explicitly borne and paid by the
Borrower. All other costs / legal expenses including for registration of
charges with ROC to be exclusively borne by

Insurance Comprehensive Insurance with Bank's interest noted in policy

Governing Laws Laws of India
Documentation You are required to submit/furnish, inter alia, the documents for the
purpose of availing the sanctions as required by the bank in the
order/manner.
Other Conditions The bank will have a right to review the facility
The borrower undertakes to produce asset as and when asked by the bank
for verification
The asset will not be transferred anywhere without bank's prior written
consent
We undertake to provide all original documents related to asset as and
when demanded by the bank

Sanction Letter Validity 90 DAYS

Other Special Terms and Conditions

Special Conditions
1. Vehicle financed by the bank to be hypothecated to bank before disbursement and Temporary RC Book to be furnished
with Bank's charge
2. Comprehensive Insurance policy with bank's interest noted therein to be obtained before disbursement

Registered Address : HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India. Email
ID:Loansupport@hdfcbank.com Tel No:61606161 CIN(Corporate Identity Number):L65920MH1994PLC080618
3 . 1. Vehicle financed by the bank to be hypothecated to bank before disbursement and Temporary RC Book and
Invoice to be furnished with Bank's charge
2. Post disbursement Documents: Copy of RC book with bank's hypo charge and Comprehensive Insurance
Policy with bank's interest noted therein
3. Comprehensive insurance cover note with bank's interest noted therein to be obtained before disbursement
4. Full PDC / Rollover PDC /SPDC / SI Debit / ECS to be submitted for emi collections.
5. 2% of the loan amount to be paid towards processing fees.
6. Subject to RIC Positive.

4 . 1. ECS to be submitted for emi collections.

2.Service charges of 1% of the loan amount + service tax
LOAN AMOUNT-440000/- CP-2700/- FP-0/-
5 . subject to change of dealer amount to 600000/- in application and visit report

The facilities are being extended at the sole discretion of HDFC Bank and on the terms and conditions specified and in
general as well as pricing would be subject to periodic review, amendment or cancellation.

Kindly acknowledge and sign on the duplicate of this Sanction Letter as a token of your acceptance of all the
above terms and conditions and return the same to us along with the duly completed documentation as
required in the manner specified by the bank, in order to proceed ahead.

We look forward to your drawl of the proposed facilities and assure you of our best service always.

Yours Sincerely,

For HDFC Bank Limited

Authorized Signatory
Accepted :
Signature:
Name:
Date:

Registered Address : HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013, India. Email
ID:Loansupport@hdfcbank.com Tel No:61606161 CIN(Corporate Identity Number):L65920MH1994PLC080618