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    Yazer Arafath
    This document summarizes a one-time settlement agreement for an overdue loan. The lender, Indian Bank, had assigned the loan to Reliance ARC Ltd. Reliance ARC is offering to settle the outstanding loan of Rs. 31610945687 for Rs. 2,63,255 to be paid in two installments on October 30th and November 3rd. Upon receiving full payment, Reliance ARC will issue a no objection certificate within 15 working days. Payment details are provided for repayment to the beneficiary account of Reliance ARC – INB Retail Portfolio Trust (2013) at Indian Bank.

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    For VFVVFV

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    Yazer Arafath
    219 views1 page
    This document summarizes a one-time settlement agreement for an overdue loan. The lender, Indian Bank, had assigned the loan to Reliance ARC Ltd. Reliance ARC is offering to settle the outstanding loan of Rs. 31610945687 for Rs. 2,63,255 to be paid in two installments on October 30th and November 3rd. Upon receiving full payment, Reliance ARC will issue a no objection certificate within 15 working days. Payment details are provided for repayment to the beneficiary account of Reliance ARC – INB Retail Portfolio Trust (2013) at Indian Bank.

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    This document summarizes a one-time settlement agreement for an overdue loan. The lender, Indian Bank, had assigned the loan to Reliance ARC Ltd. Reliance ARC is offering to settle the outstanding loan of Rs. 31610945687 for Rs. 2,63,255 to be paid in two installments on October 30th and November 3rd. Upon receiving full payment, Reliance ARC will issue a no objection certificate within 15 working days. Payment details are provided for repayment to the beneficiary account of Reliance ARC – INB Retail Portfolio Trust (2013) at Indian Bank.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    219 views1 page

    For VFVVFV

    Uploaded by

    Yazer Arafath
    This document summarizes a one-time settlement agreement for an overdue loan. The lender, Indian Bank, had assigned the loan to Reliance ARC Ltd. Reliance ARC is offering to settle the outstanding loan of Rs. 31610945687 for Rs. 2,63,255 to be paid in two installments on October 30th and November 3rd. Upon receiving full payment, Reliance ARC will issue a no objection certificate within 15 working days. Payment details are provided for repayment to the beneficiary account of Reliance ARC – INB Retail Portfolio Trust (2013) at Indian Bank.

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    of 1

    Sir,

    As discussed , please find the below OTS confirmation.

    Assignment of Financial Assets by Indian Bank favour of Reliance ARC Ltd. acting in its capacity as
    Trustee of Reliance ARC – INB Retail Portfolio Trust (2013)

    Loan account no: 31610945687

    This is with reference to the financial assets/credit facilities availed by you from Indian Bank

    Sub : One Time Settlement in Loan Number 31610945687 assigned by Indian Bank to Reliance ARC.

    As an One time settlement we are ready to offer INR - 2,63,255 /- to be paid by Two installment as per
    below breakup.

    Amount Date
    1,00,000.00 30.10.17
    1,63,255.00 03.11.17

    Note : NOC will be proceed within 15 working days from the payment date

    The Beneficiary Bank detail for Repayment:-

    Bank Name: Indian Bank


    Account Name: Reliance ARC – INB Retail Portfolio Trust (2013)
    Account No.: 6187300155
    IFSC Code: IDIB000W001

    Thanks & Regards


    SUSEELA. B
    SENIOR MANAGER
    TVS CREDIT SERVICE LIMITED,
    CHENNAI - 600006.
    MOBILE: +91 9940640829

    This message (including any attachments) is intended only for the use of the individual or entity to which it is addressed and may
    contain Information that is non-public, proprietary, privileged, confidential, and exempt from disclosure under applicable law or may
    constitute as attorney work product. If you are not the intended recipient, you may please note that any use, dissemination,
    distribution, or copying of this communication is strictly prohibited. If you have received this communication in error, please notify us
    immediately by telephone and (i) destroy this message if a facsimile or (ii) delete this message immediately if this is an electronic
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