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    Kfs Agreement PDF

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    keerthi achanti
    This document is a key fact statement from HDFC Bank for a loan provided to Nitika Achanti. It summarizes the key details of the loan including [1] the loan amount of Rs. 23766.19, [2] the total interest charge of Rs. 2109.74, and [3] other upfront charges including processing fees of Rs. 234.82. It also outlines the annual percentage rate, tenure, repayment frequency and amount. Contact information is provided for grievance redressal related to digital lending issues.

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    © All Rights Reserved
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    Kfs Agreement PDF

    Uploaded by

    keerthi achanti
    129 views2 pages
    This document is a key fact statement from HDFC Bank for a loan provided to Nitika Achanti. It summarizes the key details of the loan including [1] the loan amount of Rs. 23766.19, [2] the total interest charge of Rs. 2109.74, and [3] other upfront charges including processing fees of Rs. 234.82. It also outlines the annual percentage rate, tenure, repayment frequency and amount. Contact information is provided for grievance redressal related to digital lending issues.

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    1683628738852_kfs_agreement.pdf

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    This document is a key fact statement from HDFC Bank for a loan provided to Nitika Achanti. It summarizes the key details of the loan including [1] the loan amount of Rs. 23766.19, [2] the total interest charge of Rs. 2109.74, and [3] other upfront charges including processing fees of Rs. 234.82. It also outlines the annual percentage rate, tenure, repayment frequency and amount. Contact information is provided for grievance redressal related to digital lending issues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    129 views2 pages

    Kfs Agreement PDF

    Uploaded by

    keerthi achanti
    This document is a key fact statement from HDFC Bank for a loan provided to Nitika Achanti. It summarizes the key details of the loan including [1] the loan amount of Rs. 23766.19, [2] the total interest charge of Rs. 2109.74, and [3] other upfront charges including processing fees of Rs. 234.82. It also outlines the annual percentage rate, tenure, repayment frequency and amount. Contact information is provided for grievance redressal related to digital lending issues.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    HDFC Bank

    Annex-II
    (cf. Para 5.2.1 of these Guidelines)
    Illustrative Format of key fact statement/fact sheet
    (to be provided in a language understood by the borrower)

    Date: 09/05/2023

    Name of Regulated Entity: HDFC Bank

    Applicant Name: nitika Achanti

    Sr.
    Parameter Details
    No
    (i) Loan amount (amount disbursed/to be disbursed to the borrower) (in Rupees) 23766.19

    (ii) Total interest charge during the entire tenure of the loan (in Rupees) 2109.74
    Other up-front charges, if any (break-up of each component to be given below) (in
    (iii) 234.82
    Rupees)
    (a) Processing fees, if any (in Rupees) 234.82

    (b) Insurance charges, if any (in Rupees) 0

    (c) Others (if any) (in Rupees) 0

    (iv) Net disbursed amount (in Rupees) 23766.19

    (v) Total amount to be paid by the borrower (sum of (i), (ii) and (iii)) (in Rupees) 26110.75
    Annual Percentage Rate - Effective annualized interest rate (in percentage)
    (vi) (computed on net disbursed amount using IRR approach and reducing balance 17.91%
    method)
    12
    (vii) Tenure of the Loan (in months/days)
    months
    (viii) Repayment frequency by the borrower Monthly

    (ix) Number of installments of repayment 12

    (x) Amount of each installment of repayment (in Rupees) 2156.33

    Details about Contingent Charges


    Rate of annualized penal charges in case of delayed payments (if any) – Penal
    (xi) interest 3% on outstanding amount, cheque bounce charges Rs 450/- plus all NA
    applicable government levied taxes
    (xii) Rate of annualized other penal charges (if any) NA
    HDFC Bank

    Other disclosures
    Cooling off/look-up period during
    which borrower shall not be
    (xiii) NA
    charged any penalty on
    prepayment of loan
    Details of LSP acting as
    (xiv) recovery agent and authorized NA
    to approach the borrower
    Name, designation, address and You may write to our Principal Nodal Officer Mr. Ripal
    phone number of nodal Kiritkumar Sheth at HDFC Bank Ltd., 5th Floor, tower B,
    grievance redressal officer Peninsula Business Park, Ganpatrao Kadam Marg, Lower
    (xv)
    designated specifically to deal Parel (West), Mumbai 400013 or E-mail at
    with FinTech/ digital lending [email protected] or Fax at 022-30788580,
    related complaints/ issues Alternatively, you can call at Tel: 022-62841505.

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