911334053-Ots PDF

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INB RARC 030 Trust

th
Reliance Centre, 6 Floor, North Wing, Off Western Express Highway, Santacruz (East) Mumbai 400 055

Ref : FY2019-20/00050878 4 February, 2020

Without Prejudice
K NAVAMANI
S/O K.ATHI GOUNDER
5/390 PERIYANUR CHETTIPALLI
PAJAPALLI 636812 DHARMAPURI
DT.
DHARMAPURI-636806
TAMILNADU

Dear Sir / Madam,

One Time Settlement (OTS) of your Loan A/C No.911334053


to INB RARC 030 Trust

This has reference to your Phone dated February 03, 2020, and the subsequent discussions you had with us
on the captioned subject. We are pleased to confirm a negotiated settlement of Rs.10,000.00, as against total
dues of Rs.47,772.04 payable by you as on February 04, 2020.

The settlement amount of Rs.10,000.00 shall be paid in 1 installment(s) as per schedule given below :

Installment(s) Due Date(s) for Payment Amount (in Rs.)


1 February 10, 2020 Rs.10,000.00
Total Amount Rs.10,000.00

The payment should be remitted to INB RARC 030 Trust Account, for which bank details are given below :

Bank Account Details of RARC Trust :


Beneficiary Name INB RARC 030 Trust
Name of the Bank Indian bank
Account Number 6508713105
Bank Branch Name Santacruz East, Mumbai
Bank Branch IFSC Code IDIB000S010

Request you to forward us the payment details alongwith copies of your PAN Card / AADHAR Card to enable
us to issue No Dues Certificate (NDC) and update Credit Information Company (CIBIL) records, immediately
on making full payment.

Please note :

a) Litigation, if any, pending against Reliance ARC and/or Indian Bank (Assignor) on the captioned loan
account shall be withdrawn by you within 7 days from the date of receipt of this letter and the same shall be
deemed to have been withdrawn immediately on acceptance of this letter by you.
b) Upon receipt of the entire settlement amount as stated above, we shall withdraw all pending litigations, if
any, filed against you.
c) NDC shall be issued within 7 working days from the date of receipt of the entire settlement amount in our
Trust Account.

This is a computer generated letter with digital signature.For any queries please call us on 8767332222 or send email to [email protected] or visit www.rarcl.com
We further wish to state that this settlement letter is valid till February 10, 2020, and subject to realization the
amount payable by you. This letter stands null and void after February 10, 2020, unless revoked earlier
through breach of its terms.

Please note that in case of failure to comply with any of the aforesaid terms and conditions, including payment
of settlement amount, within the due date(s) as per above schedule, the settlement shall stand cancelled
automatically and thereupon all concessions and waiver, granted to you shall deemed to be withdrawn without
any further notice to you. Consequently, all payments received under settlement shall be adjusted against
your total dues and balance shall be recovered under due process of law. Any further extension of settlement
period shall be at sole discretion of the RARC Trust with such cost, charges, interest as may be decided by
the Competent Authority.

Please forward to us the duplicate copy of this letter as a token of acceptance.

Yours sincerely,
For INB RARC 030 Trust

Sheetal Parui Tushar Suvarna


Head - Operations Manager - Credit Signed &Accepted

CC :
Name of the Agency : Reliance ARC Telecalling Mumbai
Contact Person : Ms Priyanka Nadar
Contact Number :9322155562
Email ID : [email protected]

This is a computer generated letter with digital signature.For any queries please call us on 8767332222 or send email to [email protected] or visit www.rarcl.com

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