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 Fixed (2 year) + Floating
MCLR
MCLR
Applicable MCLR
Reset Date / Month -
Reset Frequency Six month

Loan Against Property :

If any of the borrower is a Non Individual - 3% will be charged, if the
amount prepaid exceeds 25% of the principal outstanding during a quarter,
otherwise no prepayment penalty. The quarter refers to calendar quarter,

In regard to computation of prepayment penalty, upto 25% of the principal

outstanding in a quarter there is no prepayment penalty, then any
prepayment done over and above 25% will be charged @ 3%.
If all borrowers are Individual - Nil
Penal Interest

Duplicate No Dues
Rs. 500/- per instance
Certicate/ NOC

Fast Forward Home Loan, Empower Home Loan Program & Shubh Aarambh Home Loans)

Fast Forward Home Loan,

Empower Home Loan Program & Shubh Aarambh Home Loans)

Fast Forward Home Loan,

& Shubh Aarambh Home Loans)

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 Address of Building / Property:

MI derived above is based on sanctioned amount. The MI may vary post completion of moratorium based on loan
outstanding amount. To convert the MI on sanctioned amount, you may visit nearest loan center

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 MOST IMPORTANT INFORMATION
Attention: Please read carefully before signing
PDC/SPDC ACKNOWLEDGMENT LETTER

Please nd enclosed crossed Post-dated cheques / security cheques drawn in favor of AXIS BANK Ltd. (Loan
Account No.________________________________) bearing the following particulars being submitted towards
repayment of the loan availed from your Bank. The Post-dated cheques / security cheques contain my/ authorized
signatories' genuine signature, which shall not be disputed by me .

1. Name of the Drawee Bank : __________________________________________________________

2. Name of the Drawee Bank Branch : __________________________________________________________

3. MICR Sort Code (9 digit) :

4. Dated Cheques : _____________ of each month commencing from ___________________

5. Cheque Numbers : __________________________________________________________

Sr No. From To No. of cheques

I/We agree that the Post-dated cheques / Security cheques are given towards loan repayment / installments of the
debt due and payable by me/us to the Bank in terms of the Loan Agreement

In case of change of authorised signatory of the Borrower, we undertake to replace the cheques appropriately and in
the event of non-replacement of the cheques before the due dates, we undertake to honour the Post Dated Cheques/
Security cheques

Name of Applicant Sign

1.

2.

Date Location DSE / DSA Sign

DSE / DSA Name DSE / DSA Phone no. Location

DSE / DSA Stamp

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 MOST IMPORTANT INFORMATION
Attention: Please read carefully before signing
PDC/SPDC ACKNOWLEDGMENT LETTER

Please nd enclosed crossed Post-dated cheques / security cheques drawn in favor of AXIS BANK Ltd. (Loan
Account No.________________________________) bearing the following particulars being submitted towards
repayment of the loan availed from your Bank. The Post-dated cheques / security cheques contain my/ authorized
signatories' genuine signature, which shall not be disputed by me .

1. Name of the Drawee Bank : __________________________________________________________

2. Name of the Drawee Bank Branch : __________________________________________________________

3. MICR Sort Code (9 digit) :

4. Dated Cheques : _____________ of each month commencing from ___________________

5. Cheque Numbers : __________________________________________________________

Sr No. From To No. of cheques

I/We agree that the Post-dated cheques / Security cheques are given towards loan repayment / installments of the
debt due and payable by me/us to the Bank in terms of the Loan Agreement

In case of change of authorised signatory of the Borrower, we undertake to replace the cheques appropriately and in
the event of non-replacement of the cheques before the due dates, we undertake to honour the Post Dated Cheques/
Security cheques

Name of Applicant Sign

1.

2.

Date Location DSE / DSA Sign

DSE / DSA Name DSE / DSA Phone no. Location

DSE / DSA Stamp

Customer Copy
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 MCLR RATE CHANGE CONSENT LETTER
Date

Customer Name
Address

Subject: Change in the rate of Interest on your loan

Ref : Your Home Loan / Loan against Property and Sanction letter no. __________

Dear Sir / Madam,

Please refer your above loan application with us.

We had sanctioned your Home Loan/Loan against Propertyof Rs. _________ vide our sanction letter
no______________dated __________.

We hereby inform you that the pricing details of your loan shall undergo the following changes vis-à-vis what was
already conveyed/agreed by you vide the said sanction letter.

As per Sanction letter As per Loan account to be opened

MCLR
Markup
Applicable Rate of Interest
Equated Monthly
Instalment (EMI)
Tenure (in Months)
Processing fee

Kindly note that the revised mark-up on your loan account shall remain xed for the entire tenure. MCLR would be reset
at a predened reset frequency. Your rate of interest will change with the change in MCLR prevailing on the date of reset.

Save and except the change in the MCLR and mark-up applicable to your loan account, all other terms and conditions
contained in the said sanction letter and the loan documents executed/to be executed by you shall remain unchanged
and continue to be applicable and binding upon you and this letter shall form a part and parcel of the sanction letter and
the loan documents executed by you and shall always be read in conjunction with the sanction letter and loan
documents.

In case of any further clarication/query please contact our below mentioned Asset Sales Center (ASC):

Please provide us an acknowledged copy of this letter for having accepted the above facts.

<Address of the ASC>

Yours truly,

__________________

For Axis Bank Ltd.

Authorized Signatory

We conrm of having read and accepted the above facts.

_____________________________
Signature of Customer/Borrower.

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 LOAN RESTRICTION LETTER

Date: ______________________

To,
The Manager
Axis Bank Limited
________________
_______________

Sub: Request to reduce the Loan Amount as stated in sanction letter reference no.________

Dear Sir,

I/we have applied to the Bank for Housing Loan / Loan against property, which has been sanctioned by the Bank vide its
sanction letter no/reference no. _____________________ dated _________________________ for an amount of
Rs.____________________(Rupees
______________________________________________________________________).

I/we hereby request the Bank to restrict/reduce the total amount to be disbursed under the said
LoantoRs.________________ (Rupees_________________________________________________________________)
from Rs._________________(Rupees_________________________________________________________) as stated in
the Sanction Letter

I/We hereby give our consent to the Bank for the reduction in the disbursed amount as compared to the sanctioned amount
and I/we shall not contest the said action of the Bank based on my/our request nor shall I further demand the balance
amount.

I/We agree and accept changes in terms and condition of sanction letter issued on ------------------ as per details given below.

If with If only with If only with If without any

Property Property Life insurance* insurance*
& insurance*
Life insurance*

Amount of Loan Rs. Rs. Rs. Rs.

Equated Monthly Installment (EMI)
Rs. Rs. Rs. Rs.
for tenure with floating rate of interest
No. of Monthly Installment/s Months

*Please select Appropriate Option

(Applicant) (Co-applicant)

Opting for the loan amount along with life/property insurance in the loan downsize letter shall be considered as the written
intent of the customer to avail the insurance .Such selection shall be considered to be explicit instruction from the borrower
to the bank in writing to disburse the premium to the insurance company directly and will become effective only on the
borrower complying with the all formalities as required by the insurance company. The bank shall not be liable for any
consequences /damages/losses arising out of non -compliance of the same.

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 DISBURSEMENT REQUEST FORM
To, Date: ______________
The Manager Place: ______________
AXIS Bank Ltd .

Sub: Request for Disbursement of my Home Loan/LAP Loan (App ID: _______________)
I/We have been sanc oned a loan of Rs.____________ (Rupees____________________________________________
________________________________) by your bank. I/We request you to kindly disburse an amount of
Rs. ________________________ from my loan amount as men oned below:
1. Details for Disbursement through “Demand Dra ” : (Mark as NA if Not applicable)
Sr Amount
DD Favoring
No. (in Rs.)

2. Details for Disbursement through RTGS/NEFT/TRANSFER : (Mark as NA if Not applicable)

Par culars Favoring Details 1 Favoring Details 2

RTGS/NEFT/Transfer

Beneficiary Name/Favoring
Name

Bank Name

Bank AC NO

IFSC CODE - In Capital le ers

Disbursement Amount (in Rs.)

3. Insurance, MOE & Other Charges (Mark as NA if Not applicable)

Sr No. Par culars Amount (in Rs.)
1 Insurance (Property - TATA AIG GENERAL INSURANCE CO. LTD )
2 Insurance (Life - INSURANCE )
3 Insurance (GCS - TATA AIG GCS PLUS )
4 Axis Bank Ltd MOE Charges A/c
5 Balance PF A/c (Only if LAP case)

I/We also request you to kindly deduct my EMI On _________ of every month commencing from ______/____/20_____.
I/We are aware that I/We need to pay PRE - EMI for the broken period* even if my loan is fully disbursed.
Yours Faithfully,

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*Broken Period: from date of disbursement ll the EMI cycle date.

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I/We hereby declare that the appointment of the Bank as our attorney shall be irrevocable and be binding on my/our legal heirs,
executors, successors, administrators and assigns.

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 STANDING INSTRUCTION REQUEST

Date:

From

To:
AXIS Bank Ltd.,

Ref: Execution of Standing Instruction

Dear Sir,

This is in reference to the ____________________ loan of INR __________________________________________________

(Rupees (in words) ____________________ sanctioned to me by
Retail Assets Center, (______________). My loan account No. is
and Customer ID is________________________.
I, therefore, request you to please accept this authorizing mandate to debit my Axis Bank savings account number
…………………………………………………………………… from (___________________) on due date towards the recovery of
repayment of dues/EMI, over the entire tenure of loan, as per the terms and conditions of loan agreement schedule or as per the
revised instructions in line with the Bank's policy.

I undertake to maintain sufcient balances to cover the loan repayment dues (& charges, if any) on the stipulated due dates. I also
understand that failure to repay the dues through this standing instruction shall be treated as a default in repayment of dues and all
charges/penalties, as covered by the agreement, will hold good towards the non-payment of obligations.

Please treat this as an irrevocable communication as an authorization to debit the said savings bank account every month with the
amount due towards the repayment of my loan. In the event of above account getting closed / transferred for any reason, l/We will
intimate to the Bank the new account opened with the bank to debit the loan repayment amount/s as per the agreement. Further,
I/We undertake the responsibility to provide the fresh set of mandate and security PDCs for such new account, as per terms of the
agreement in lieu of existing instructions.

I also understand and accept that the Bank will have the right to set-off, without prior intimation to me, the available balances in the
designated account for recovery of overdue installments and/or charges (if any) in the loan account.

Thanking You,
Yours faithfully

Name of Account Holder Signature of Account holder

For ofce use only

VERIFIED
For Axis Bank Ltd
Customer Account Number Name: _______________________________
Customer Signature
Customer Account Status is Active Employee Id: __________________________
Mode of Operation Employee Signature: ____________________

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