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    Jaspal Singh Loan HDFC Letter

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    karankingdom13
    The document is a sanction letter from HDFC Bank approving an education loan of Rs. 27,54,000 to Gaurav Kumar for his MSc in Accounting and Finance program at the University of East Anglia in the UK, at an interest rate of 11% floating and to be repaid over 168 monthly installments. The letter details the loan terms and conditions including fees, security requirements, and disbursement process requiring appointment at a branch to complete paperwork.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Jaspal Singh Loan HDFC Letter

    Uploaded by

    karankingdom13
    241 views2 pages
    The document is a sanction letter from HDFC Bank approving an education loan of Rs. 27,54,000 to Gaurav Kumar for his MSc in Accounting and Finance program at the University of East Anglia in the UK, at an interest rate of 11% floating and to be repaid over 168 monthly installments. The letter details the loan terms and conditions including fees, security requirements, and disbursement process requiring appointment at a branch to complete paperwork.

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    JASPAL SINGH LOAN HDFC LETTER

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    The document is a sanction letter from HDFC Bank approving an education loan of Rs. 27,54,000 to Gaurav Kumar for his MSc in Accounting and Finance program at the University of East Anglia in the UK, at an interest rate of 11% floating and to be repaid over 168 monthly installments. The letter details the loan terms and conditions including fees, security requirements, and disbursement process requiring appointment at a branch to complete paperwork.

    Copyright:

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

    Jaspal Singh Loan HDFC Letter

    Uploaded by

    karankingdom13
    The document is a sanction letter from HDFC Bank approving an education loan of Rs. 27,54,000 to Gaurav Kumar for his MSc in Accounting and Finance program at the University of East Anglia in the UK, at an interest rate of 11% floating and to be repaid over 168 monthly installments. The letter details the loan terms and conditions including fees, security requirements, and disbursement process requiring appointment at a branch to complete paperwork.

    Copyright:

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

    HDFC Bank Limited

    No 152, 1st Floor, Krishna


    Complex Civil Lines
    Bareilly 243001
    Email: [email protected]

    Application No: A23595738254


    Date: 14/09/2023

    To,
    GAURAV KUMAR S/O SUDHIR KUMAR

    VILL MOHANPUR J BHIKHAMPUR


    POST BHABHI, SHAHJAHANPUR,
    UTTAR PRADESH PIN 242042

    Dear Sir/Madam,

    Subject: Education Loan Sanction Letter


    Based upon and relying on the facts and information provided by you in your Application
    Form No: A23595738254 dated seeking grant of an Education Loan ("loan"), we have
    pleasure in conveying you our sanction of an amount of Rs. 27,54,000/- (Rupees Twenty
    Seven Lakh Fifty Four Thousand only) on following terms:
    • Rate of interest:11% p.a. floating rate
    • Term: The loan will be re-paid in a total of 168 monthly installments ("Ml"). The MIS
    for first 36 months will be Rs.16,000/-per month and for next 132 months will be Rs.
    16,500/-per month.
    • Fees: A onetime origination fees equivalent to Rs.9000/-inclusive of all taxes.
    • Validity of this offer: This sanction/offer letter will automatically stand withdrawn if
    the disbursement is not availed of within six months from the date of issue of this
    sanction letter.
    • Ml ACH and security ACH Mandate Form: SAAKSHI DHAWAN HDFC BANK, BAREILLY.
    • Additional Security ACH Mandate From: SUDHIR KUMAR, AXIS BANK LTD, , AC:
    916020045395648
    • Insurance to be taken by the Applicant and duly assigned in favor of HDFC Bank
    Financial Services Limited (HDFC Bank)
    • Country of study: UNITED KINGDOM

    • University- UNIVERSITY OF EAST ANGLIA

    • Course: MSc Accounting and Finance

    www.hdfcbank.com
    Regd. Office: HDFC Bank Ltd., HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400 013
    Corporate Identity No.: L65920MH1994PLC080618
    HDFC Bank Limited
    No 152, 1st Floor, Krishna
    Complex Civil Lines
    Bareilly 243001

    • The Educational Loan availability is subject to satisfactory co documentation.


    This letter of offer shall stand unilaterally revoked a be absolutely null and
    void even after acceptance by you, if:
    • here are any material changes in the proposal for which the said loan is
    sanctioned. Final disbursement will be made based on the favorable
    validationvand authentication of all supplied documents. Any material fact
    concerning your income/profits or ability to pay, or any other aspect of your
    application of Loan is withheld, suppressed, or concealed or not made know to us
    • Any statement made in the applications found to be incorrect or untrue.
    • The Education Loan Agreement and other documents, as required by us are
    not executed within a period of 6 months fromthe date hereof or during any
    further extension of period mutually agreed upon.
    • Any information as many be required by HDFC Bank from time to time
    pertaining to the project is not famished in the form prescribed/approved by
    Bank
    • As an outcome of legal due diligence, HDFC Bank is of the view that it is
    unviable to proceed further with the offer as made here in above.
    • Disbursement of each tranche will be based on favorable verification & financial
    check of applicant/s.
    • There is only one condition of disbursement that states that loan amount will
    be disbursed to the applicant after successful of student visa before travelling
    to UK.
    • It is also mentioned that this bank is regulated by the Reserve Bank of India.
    W e look forward to your acceptance of this offer in order to expedite the conclusion of
    this transaction and the disbursement hereunder. Please schedule an appointment at the
    nearest HDFC Bank branch to di further terms and conditions and also complete the
    loan related paperwork

    For HDFC Bank Financial services Limited


    (Formerly known as HDFC Bank Financial Services Private Limited).

    www.hdfcbank.com
    Regd. Office: HDFC Bank Ltd., HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai - 400
    013 Corporate Identity No.: L65920MH1994PLC080618

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