Esign

SANCTION LETTER
FROM:
Test Private Limited
908, 9th Floor, Mercantile House, 15, K.G. Marg, Delhi-110001
To,
Mr./Mrs. Suvra Roy
S/o, W/o, D/o: Bk Roy
Dear Sir/ Madam,
We thank you for availing loan from us and giving us an opportunity to serve you. The terms & conditions of the loan are
listed here under:
1. Loan Agreement No.:
2. Date of Agreement: 12-06-2024
3. Loan Amount: Rs.120600.00/- (Rupees one hundred and twenty thousand, six hundred point zero zero only)
4. Tenure:18 Months
5. Repayment: Monthly in EMI’s
6. EMI Amount:7666.26/-
7. Rate of Interest:17.5% p.a. to be computed with monthly rests on the outstanding balance.
8. Purpose of Loan:E-Rickshaw
9. Processing Fees:
10. Documentation/Application Charges:
11. Additional Delay Interest: % per annum on the outstanding amount.
12. Bouncing Charges
13. Pre-closure Charges:4% on Principal Outstanding
14. Co- Borrower/Guarantor Name:Sakti Rani Roy

15. Hypothecation of the Asset/Vehicle must be done in favor of “ Test Private Limited and should be shared before
disbursement.
16. Security Cheques to be provided by Borrower/Guarantor/Co-Borrower, in favor of Test Private Limited, as required Test
Private Limited
eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

Suvra Roy Sakti Rani Roy Binoy Krishna Roy
______________________ ______________________ ______________________ ______________________
Date:Wed 12 Jun 2024 13:26:52 IST Date:Wed 12 Jun 2024 13:28:22 IST Date:Wed 12 Jun 2024 13:29:55 IST
(Signature) (Signature) (Signature) (Signature)
For,LENDER For, BORROWER For, CO-BORROWER For, GUARANTOR
Authorized Signatory
We are enclosing a copy of the duly executed loan agreement along with the enclosures for your records.
The detailed terms and conditions of the agreement have been explained to you and accepted by you as mentioned in the
above referred Loan Agreement. We would also like to inform you that Fair Practices Code is adopted by the Company.
You are requested to sign the duplicate copy of this letter and return to us. If you require any further details, Please contact
us at Head Office of Lender as mentioned below:
LENDER: Test Private Limited

Address: 908, 9th Floor, Mercantile House, 15, K.G. Marg, Delhi-110001
Thanking You,
Yours Faithfully,

______________________ ______________________ ______________________ ______________________
LOAN CUM HYPOTHECATION AGREEMENT
This Agreement made at on this day of 12-06-2024 , 20 between “Test Private Limited”a company registered under the
Indian Companies Act, 1956/2013, having its registered Office at 3/2, Amar Park, Zakhira, New Rohtak Road, New
Delhi,110030.(here in after referred to “TPL” or “Lender" which expression shall unless repugnant to the meaning or
context there of mean and including its successors and assigns)
AND
Mr./Ms. Suvra Roy S/o, D/o., W/o. Mr. Bk Roy residing at Test Address of borrower (Individual/Sole Proprietor/
Partnership Firm/ Company), hereinafter referred to as "Borrower(s)" which expression shall unless repugnant to the
meaning or context thereof mean and include their Legal heirs. Executors permitted assigns. Administrators. Official
receivers. Successors.
AND
Mr./Ms. Suvra Roy S/o, D/o., W/o. Mr. Bk Roy residing at Test Address of borrower (Individual/Sole Proprietor /
Partnership Firm / Company) hereinafter referred to as "Co-Borrower/Guarantor”- which expression shall unless repugnant
to the meaning or context thereof mean and include their Legal heirs. executors. permitted assigns. administrators. official
receivers. successors business. title etc. as the case may be.
“TPL“ or Lender is RBI Registered Non-Banking Financial service company engaged in the business of granting loans and
advances to the general public or entities/organizations in India.
Whereas each of the Borrower(s) has identified and is desirous of purchasing E-Rickshaw herein referred to as the "Asset-
and for this purpose the borrower has applied for a loan of Rs.120600.00(Rupees) from the Lender.
AND WHEREAS the Co-borrower/Guarantor has undertaken to guarantee the Lender, the due performance by the
Borrower of all clauses, covenants and conditions of this agreement and agrees to pay on demand any money due or which
may become due and payable to the Lender(s) under this agreement (when not paid by the Borrower) either by way of
Principal, interest, additional interest, expenses, damages, repairs, replacements or other compensations and other costs
relating to the loan being granted.
And the Lender have agreed to provide financial assistance to the Borrower(s) subject to the terms and conditions herein
after referred.

______________________ ______________________ ______________________ ______________________
NOW THIS AGREEMENT WITNESS AND THE BORROWER(S) HEREBY
AGREES AND UNDERTAKES AS FOLLOWS.
1. The Lender agrees to extend financial facility to the "Borrower(s)"and each of the "Borrower(s)" agrees to avail the said
financial facility in respect of the vehicle more particularly described in the Schedule attached thereto. The Borrower(s)
shall repay to the Lender. the loan amount along with the interest at the rate of percent on flat rate basis (Annualized Rate of
Interest percent per annum) Calculated for the entire loan amount and for the tenure of the loan in Equated monthly
instalments (EMI) on the due date without any reminder.
2. The EMI shall be paid through NACH/ECS/Cash or any other legally recognized modes of fund transfer as per the
mandate given by the borrower(s).
3. The Lender will disburse the loan by means of bank transfer/crossed account payee cheques or demand draft in favor of
the dealer who provides the asset, by any legally recognized means.
4. All such disbursements shall be deemed to be due disbursement of the loan amount to the Borrower(s) as contemplated in
the agreement and the Borrower(s) and Guarantor shall be bound by the same.
5. FINANCING ARRANGEMENTS:
a. The present agreement being entered into between "The Lender" & "Borrower(s)" is purely a finance arrangement and
the "Borrower(s)" accepts and acknowledges that the entire risk, non- performance, non- delivery, breach of supply of
inferior or damaged vehicle by the dealer
b. and the Vehicle details, specifications and description are within the knowledge of the "Borrower(s)"and shall be
exclusively borne by the "Borrower(s)" and The Lender shall not be liable at any time to any of the Borrower (s) for
any liability, claim, loss or expense of any kind whatsoever caused either directly or indirectly to the vehicle nor shall
warrant or qualify either express or implied, for the quality, condition or fitness of the vehicle.
c. The “Borrower(s)” agrees and undertakes at all times during the subsistence of this agreement, to make the payment of
all the installments due on the respective due dates including all their monies due and owing towards ““TPL“” and all
the “Borrower(s)” further agrees and acknowledge that the “Borrower(s)” shall remain liable and shall continue to pay
the installments on the respective due dates regardless of whether the vehicle is under repair or not working or not
delivered or where the vehicle is delivered, the same has been confiscated, or taken into custody by any authority or is
stolen.
d. The “Borrower(s)” shall be liable to pay to ““TPL“” (whatsoever) amounts that have been paid by Lender to Dealer, if
any, towards advance, booking costs etc., on behalf of “Borrower(s)”.
e. Such amount shall be repayable to ““TPL“” together with Flat interest @_ % per month, compounded monthly and
shall form part of the total repayment obligations under this agreement.
6. OTHER CONDITIONS:
a. The “Borrower(s)” agrees and undertakes to make payment of all the EMI and all other monies due and payable to
““>TPL“” on the due dates as specified and set out in the schedule and the monthly installments including interest and
all other monies every month as mentioned in the schedule amounts to shall be considered as effectual discharge of
repayment of loan obligations owing and due towards ““TPL“”.
b. The “Borrower(s)” shall be liable to pay late payment interest @ 36% per annum for the period of Late Payment, on
the overdue amount. In addition, the “Borrower(s)” shall be liable for overdue charges on the outstanding amount
from the due date till the date of receipt of payment and shall also be liable to reimburse all the costs and expenses
whatsoever, including legal fees incurred or suffered or sustained by in the process of collection of payments from
“Borrower”. Nothing contained in this clause shall prejudice the other rights of in law or otherwise.

______________________ ______________________ ______________________ ______________________
7. SECURITY:
a. he “Borrower(s)” hereby agrees and undertakes to Hypothecate the said Vehicle as and by way of first and exclusive
charge in favour of ““TPL” for the financial facility availed from ““TPL” by making hypothecation endorsement in
the R.C. Book and Insurance. The “Borrower(s)” is also estopped under law from taking the plea that on the date of
execution of the agreement, the exact details of the vehicle was not available and or not known to the “Borrower(s)”.
b. Each of the Borrower(s) shall also execute a Promissory Note in favour of the Lender (“TPL) for the amount of
facility as specified in the schedule together with interest.
c. The Borrower(s) shall arrange the execution of the documents regarding the loan as per requirement of the Lender and
shall also furnish a photograph of the each of the Borrower(s)/ Guarantor and also copies of any other
identification/address proof of each of the Borrower(s)/Guarantors as may be required by the Lender.
d. Each of the Borrower(s) shall ensure that the Hypothecation endorsement in the Registration certificate Book is made
in favour of the Lender and a copy of the same is delivered to Lender within month from the date of disbursement of
loan amount or as required by Lender.
e. The “Borrower(s)” or and shall ensure that the Vehicle is covered by a Comprehensive Insurance policy during the
pendency of the loan without any break and the “Borrower(s)” and shall ensure that insurance claims are satisfactorily
settled case any untoward incident / accident happens.
8. OTHER CONDITIONS:
Each of the Borrower(s) agrees to the following conditions:
a. To secure the facility by creation of first ranking exclusive charge by way of hypothecation of the vehicle in favour of
“TPL” by due endorsement in the Registration Certificate book.
b. To permit the Lender and / or any of its agents / authorized representative to inspect the vehicle from time to time.
c. To keep the vehicle in good and serviceable and running order and condition to the satisfaction of the Lender and bear
all expenses for maintaining the same. Any reasonable wear and tear and such wear and tear caused by force majeure
event shall be accepted. In the event of any "Borrower(s)" not maintaining the same in serviceable and running order
and condition to the satisfaction of the Lender, then the Lender reserve the right to maintain the vehicle at the risk and
Cost of the Borrower(s) and all the expenses incurred by the Lender in this respect would be borne by the Borrower(s)
/ reimbursed by the Borrower(s) to the Lender from time to time.
d. Not to have the Vehicle re-registered during the subsistence of this facility without the prior written consent of the
Lender (i.e. Not to sell, assign, pledge, mortgage. or encumber or in any way art with the possession of the vehicle
without the prior written consent of the Lender.)
e. Not to remove / replace IOT Device and any other parts of the vehicle.
f. To intimate the Lender immediately of any change in the residential / office address, constitution as well as any
change in the Bank Account.
g. The “Borrower(s)” hereby agrees and acknowledges that ““TPL” has authorized to undertake all collection,
repossession and other related activities on its behalf and to that extent the “Borrower(s)” agrees to make payment of
EMI late payment charges, penalty for dishonor of Cheques and other charges, to as may be required. The
“Borrower(s)” also agrees to the ““TPL” right to repossess the vehicle financed by ““TPL” in case the “Borrower(s)”
is in default of any of the monthly installments.

______________________ ______________________ ______________________ ______________________
9. PREPAYMENT:
Each of the Borrower(s) agrees to the following conditions:
a. To secure the facility by creation of first ranking exclusive charge by way of hypothecation of the vehicle in favour of
“TPL” by due endorsement in the Registration Certificate book.
b. To permit the Lender and / or any of its agents / authorized representative to inspect the vehicle from time to time.
c. To keep the vehicle in good and serviceable and running order and condition to the satisfaction of the Lender and bear
all expenses for maintaining the same. Any reasonable wear and tear and such wear and tear caused by force majeure
event shall be accepted. In the event of any "Borrower(s)" not maintaining the same in serviceable and running order
and condition to the satisfaction of the Lender, then the Lender reserve the right to maintain the vehicle at the risk and
Cost of the Borrower(s) and all the expenses incurred by the Lender in this respect would be borne by the Borrower(s)
/ reimbursed by the Borrower(s) to the Lender from time to time.
d. Not to have the Vehicle re-registered during the subsistence of this facility without the prior written consent of the
Lender (i.e. Not to sell, assign, pledge, mortgage. or encumber or in any way art with the possession of the vehicle
without the prior written consent of the Lender.)
e. Not to remove / replace IOT Device and any other parts of the vehicle.
f. To intimate the Lender immediately of any change in the residential / office address, constitution as well as any
change in the Bank Account.
g. The “Borrower(s)” hereby agrees and acknowledges that ““TPL” has authorized to undertake all collection,
repossession and other related activities on its behalf and to that extent the “Borrower(s)” agrees to make payment of
EMI late payment charges, penalty for dishonor of Cheques and other charges, to as may be required. The
“Borrower(s)” also agrees to the ““TPL” right to repossess the vehicle financed by ““TPL” in case the “Borrower(s)”
is in default of any of the monthly installments.
10. EVENT OF DEFAULTS:
10.1 An event of default shall be deemed to have occurred if the “Borrower(s)”:
a. Commits a breach of any of the conditions mentioned herein above, or
b. Commits an act of bankruptcy or makes assignment for the benefits of creditors or consents to appointment of a
Trustee or Receiver or Liquidation proceedings, voluntary or otherwise, consents for being / to be initiated against the
“Borrower(s)”
c. Upon occurrence of any of the events of default and at any time, thereafter, ““TPL” shall declare that all sums for the
full terms of the loan facility to have immediately become due and payable and upon the “Borrower(s)” failing to
make the said payments within 7 days, thereof ““TPL” may, at its sole discretion;
d. Demand that the “Borrower(s)” shall return the vehicle to ““TPL” in the same condition as delivered, reasonable wear
and tear excepted and in the event of failure of the “Borrower” to comply with the same within 7 days from the date of
the demand, enter upon the premises where such vehicle is located and take immediate possession of and remove the
same, all without the liability of the Lender or any of its authorized representative for such entry or for damage caused
to the property or otherwise. For the purpose of repossession of the vehicle, each of the Borrower(s) expressly grants
irrevocable authority to the Lender or its agents or other authorized representative for the purpose of exercising its
rights under this clause.
e. Sell the vehicle by public auction, private sale with or without a notice to the Borrower(s) /Guarantor or otherwise
dispose off, hold, use, operate, lease to other, or keep idle such vehicle, without any duty to account to the Borrower(s)
for such action or inaction or for any proceeds with respect there to.
f. Require the Borrower(s) in respect of the facility to pay liquidated damages equal to all unpaid installment which in
the absence of a default would have been payable by the Borrower for the full term hereof; and shall additionally
interest as agreed herein in case of Default; or Exercise any other rights or remedy, which may be available to it under
the applicable laws.

______________________ ______________________ ______________________ ______________________
10.2 The Borrower(s) shall also be liable for all legal and other costs and expenses resulting from the foregoing defaults or
the exercise of the Lender and/or remedies, including repossession of any vehicle.
10.3 In case of any shortfall in respect of the amount due to the “Lender” and or “after the sale of vehicle”, and shall be
entitled to proceed against the Borrower(s) and /or Guarantor for recovery of such deficiency.
11. ASSIGNMENT:
The Lender shall have full and absolute right to transfer, assign and sell (including by way of securitization or transfer of
loan exposure/direct assignment transactions) in any manner, in whole or in part, the outstanding and dues to any bank or
financial institution without any reference or intimation to the Borrower(s). Notwithstanding any such transfer, assignment
or sale the Lender shall be fully empowered to proceed against the Borrower(s) jointly or severally with any such purchaser,
assignee, or creditor to recover the outstanding amount from the Borrower(s). Such assignment shall not in any manner
release the Borrower(s) of their liability towards the Lender.
12. COMPLIANCE WITH REGULATIONS:
a. The Borrower(s) and the Lender agree to comply jointly and severally with all applicable laws and regulations from
time to time in force which may be attracted and Borrower(s) agrees to indemnify the Lender in respect of any loss,
claim or expense to the lender as Guarantor a result of non-compliance with any such laws and regulations.
b. The Borrower(s) agrees that the amounts payable in respect of the facility shall be increased by incremental taxes
whether sales or excise, interest, tax and any other related and consequential charges taxes levied on this transaction
now or hereafter to be levied as also any increase in the price of the vehicle to be purchased between the date of
placement of the order and delivery date. Any such increase will be paid directly by the Borrower(s) to the dealer /the
Lender without affecting the payment of installments in respect of the facility.
13. ARBITRATION:
Any dispute, difference, controversy or claim (“Dispute”) arising between the Parties out of or in relation to or in connection
with this Agreement and/or other Loan Documents, of the breach, termination, effect, validity, interpretation or application
of this Agreement or as to their rights, duties or liabilities thereunder, or as to any act, matter or thing arising out of,
consequent to or in connection with this Agreement, shall be settled by the Parties by mutual negotiations and agreement. If,
for any reason, such Dispute cannot be resolved amicably by the Parties, the same may then be referred to and settled by
way of arbitration proceedings in accordance with the Arbitration and Conciliation Act, 1996 along with the subsequent
amendments in the said Act or any other statutory modification or re-enactment for the time being in force and shall be
conducted by a sole and independent arbitrator Advocate Sagar Chauhan having email id:
[email protected] and office address: 314 Block D, Basement, Defence Colony New Delhi - 110024
who is mutually nominated via this Agreement. The applicable law shall be Indian laws. The seat of Arbitration shall be
Delhi and the proceedings shall be conducted in English language.
14. GOVERNING LAWSAND JURISDICTION:
This agreement shall be constructed in accordance with the laws in India. Any or all disputes arising out of this agreement
shall be subject the exclusion jurisdiction of the courts at Delhi only.

______________________ ______________________ ______________________ ______________________
SCHEDULE
Loan Agreement: Place of Agreement: Date:
NAME
AND
ADDRESS
Borrower Suvra Roy
Co-borrower Sakti Rani Roy
Guarantor Binoy Krishna Roy
LOAN DETAILS
Dealer/Seller Name Test Dealer
Asset/Vehicle Cost 180000 Loan Amount 120600.00
Loan Tenure 18 EMI Scheme Arrears Advance
Advance EMI Advance EMI Amount
Rate of % p.a. Repayment Monthly
Interest (Fixed) 17.5
EMI Amount
EMI Start Date DD/MM/YYY EMI Date DD/MM/YYY
CHARGES
Bouncing charges per 36% per annum (Exclusive of GST) of the
presentation unpaid amount from
Late payment/Penal/Default
the Due Date till the date of
charges (per month) Repayment
Processing fees Foreclosure/Prepayme nt 4% of principle outstanding amount

charges
Documentation Stamping Charges As per actuals, to be borne by Borrow
Charges
Vehicle Details:
Hypothecation of the Vehicle to be Done in favor of The Lender and all the terms and conditions of the Agreement and
other associated facility documents must be fulfilled by the Borrower/Co- Borrower/Guarantor. Otherwise, the Delay
Interest and other Penalty shall be levied accordingly. Test Private Limited does not accept any payment either in cash or
kind along with or in connection with its products at the time of applying for the Loan. Charges mentioned or prescribed
herein the Schedule or the Associated Documents are the only Charges levied. The Lender or any of its
Directors/Employees/ and/or its Officers shall neither be held liable for any Payment (if any) made in Cash or Kind to any
Third Party. We Agree:

______________________ ______________________ ______________________ ______________________
LOAN APPLICATION FORM
(Please write in BLOCK LETTERS, Complete the application & help us serve you better)
DATE:_____/_____/_____
I hereby apply to ("the Company name ") to grant me (EV) Vehicle as mentioned in this application Form, I furnish my
particulars as mentioned below
E-mail ID
Location:
Borrower Name:Suvra Roy PHOTO with
cross signature
Gender: Male Mobile Phone: 9433351280
Date of Birth: 01-01-1984
Mother Name: Marital Status: Married
Father's Name: Bk Roy Spouse Name: Arpita Roy Citizenship: INDIAN

Voter Id No./Passport No./PAN Card No.: Annual Gross Income:
Residential Status: ? Resident Individual ? Non Resident Indian ? Foreign National
Property Status: ? Own ? Company Provided ? Relative ? Rented
Occupation: Self-employed ? Pensioner ? Housewife ? Student ?
Nature of Business:
Bank Name: Branch Name: Account Type:
Account No.: Account Opening Date:

IFSC CODE:
PRESENT ADDRESS
Address Line I:
Address Line II:
City: State:
District: COUNTRY:
Nearest Landmark: Pin Code:
Own Rented Years in Current Address:

Present Property Status: Relative
? ?
?
PERMANENT ADDRESS
Address Line I:
Address Line II:

______________________ ______________________ ______________________ ______________________
City: State:
District: COUNTRY:
Own Rented Years in Current Address:

Property Status: Relative
? ?
?
Applicant Thumb Impression (RIGHT OR LEFT) OR Signature
CO-BORROWER DETAILS
Co-Borrower Sakti Rani Roy

PHOTO with
Signature
Parent's/Spouse Name: BK Roy

Mobile No: 7003257514
Parent's/Spouse Name: BK Roy

Mobile No: 7003257514
PERMANENT ADDRESS
Address Line I:
Address Line II:
City: State:
District: COUNTRY:
Yrs. In Current Address
Co-Borrower Thumb Impression (RIGHT OR LEFT) OR Signature

______________________ ______________________ ______________________ ______________________
Note: COMPANY FULL NAME shall be entitled at its sole and absolution discretion to approve/reject this Application
Form submitted by Applicant/ Co-applicant.
*The EV Vehicle Loan Is available without other offering.

______________________ ______________________ ______________________ ______________________
GUARANTOR DETAILS
Email ID:
Location: PHOTO
Borrower Name: Suvra Roy with cross
signature
Gender: Male Mobile Phone:
Date of Birth: 01-01-1984 9433351280
Mother Name: Marital Status: Married
Father's Name: Bk Roy Spouse Name: Arpita Roy Citizenship: INDIAN
Voter Id No./Passport No./PAN Card No.: Annual Gross Salary:

AVCPR3757N
Residential Status: ? Resident Individual ? Non Resident Indian ? Foreign National
Property Status: ? Own ? Company Provided ? Relative ? Rented
Occupation: ?Self-employed ? Pensioner ? Housewife ? Student
Nature of Business:
Bank Name: Branch Name: Account Type:
Account No.: Account Opening Date:

IFSC CODE:
Address Line I:
PRESENT ADDRESS
Address Line II:
City: State:
District: COUNTRY:
Present Property Own ? Parental? Company? Years in Current Address:

Status: Relative?
Address Line I:
Address Line II:

PERMANENT ADDRESS
City: State:
District: Country:
Nearest Landmark: Pin code:
______________________ ______________________
Property Status: ______________________
?Own ?Parental ______________________
?Company ?Relative
Guarantor Thumb Impression (RIGHT OR LEFT) OR Signature

______________________ ______________________ ______________________ ______________________
Field Inspection Report
Name of Customer:__________________________________________________________________________________
Met With:___________________________________(Relation ) with Customer:______________________________
Address and Contact number:
Door No.:_______________Aadhar No.:________________________________
Village/Taluk/Street:________________________________ Nearest Land mark: ________________________________
Town:_______________________District:_______________________
State:__________________________Pin Number:________________Mobile Number:__________________Alternate
Contact Number:_______________________ Distance from Showroom:__________________________
Since how long they are staying in the same address ?
Nature of occupation : Employed/Business/Agriculture (Please Specify)_______________________________
How much installment customer is willing to pay ?
Economic Activity and Income:
Borrower Activity Activity of other earning member
Nature of Activity
Gross Income per month
Working capital/ month
Family expenditure
Saving per month
Net income
Name of Member Relation Age Education Status Dependent/

earning member
Nature of House: Own Rented Quarter
Infrastructure in the house: Cycle Car Bike Grinder Color TV Fans Water filter
Bank Account Details :
Bank 1 Bank 2
Name of the Bank
Nature of Account
Account number
Cheque book (Yes/ No)
ATM Card (Yes/ No)

Net income
______________________ ______________________
Signature of Inspection officer Signature of customer
(Sign with stamp)
______________________ ______________________ ______________________ ______________________
SCHEDULE
Place of Agreement
Date of Agreement
Name of Lender
Address Of Lender
Name(s) of the Borrower
Address(s) of the Borrower(s)
Name(s) of the Co-Borrower
Address(s) of the Co-Borrower(s)
Name and Address of the Guarantor / Owner of the Asset
Place of Business and status of the Borrower(s)(Viz

Private Limited Co./ Public Ltd. Co. / Individual / Firm
/sole proprietor /HUF etc.)
Age of Borrower
Purpose of the Loan
Loan Amount
Tenure of the Loan
Date by which Conditions Precedent to be fulfilled
Rate of interest (% per annum)
Repayment Schedule *
(a) Amount of each installment
(b) number of installment
(c) The first installment shall be paid on or before
And the substance installments shall be paid on or before
the of every succeeding month:
EMI END DATE
1 Advance EMI eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar
Suvra Roy Binoy Krishna Roy
Additional interest in case of default 36%
Sakti Rani Roy
______________________ ______________________ ______________________ ______________________
Electric Vehicle Details:
Make and Model:

Year of Manufacture:
Vehicle Registration Number:
No. Of Post Dated Cheques/ Ach Issued By The

Borrower's
Bouncing Charges
Documentation/Application Fees or Charges
Processing Fee (P.F)
Prepayment/Pre-closure Charges 4% of the outstanding amount
The Repayment schedule mentioned above is subject to change in the case of floating rate of interest

______________________ ______________________ ______________________ ______________________
IRREVOCABLE POWER ATTORNEY
To all whom these present shall come I,__________________________________; residing

at___________________________________________________________________________ (hereinafter called the
"Borrower” which expression shall unless repugnant to the context or meaning thereof, shall mean and include their heirs,
successors, assigns, legal representatives, executors, administrators, survivors, nominees and representatives in interest.)
Whereas COMOPANY NAME (formerly known as COMPANY NAME ), a company incorporated under the Provisions
of companies Act, 1956, having place of business at Regd. Office: 908 ,9th Floor Mercantile House, 15 K.G. Marg, New
Delhi – 110 001.(hereinafter called the "Lender") has sanctioned me, a sum of
Rs._______________________________________________/- (Rupees___________________________________)
by way of loan for EV vehicle, against security of the vehicle (hereinafter called the "vehicle")
AND WHEREAS I/We have executed a Vehicle Loan Cum Hypothecation Agreement
No.________________________Dated___________________, and also Guarantee dated , for the aforesaid purpose and
have agreed that I/We shall execute in favour of the Lender an irrevocable Power of Attorney being these present
authorizing the Lender to deal with the vehicle described in the said Vehicle Loan cum Hypothecation Agreement (or in the
Schedule to the said agreement or in any other communication relating thereto) and exercise all rights in respect thereof in
the manner hereinafter appearing.
NOW KNOW WE ALL THESE PRESENT WITNESS that we do hereby irrevocably and absolutely nominate constitute
Lender acting through any of its officers as my/our true and lawful attorney for me/us on my/our behalf and at my/our cost
and risk to do, execute and perform all or any of the following acts, deeds, matters and things that is to say:
1. To take delivery and possession of the vehicle as and when deemed necessary by the Lender.
2. To transfer, sell, dispose of, give delivery of and otherwise howsoever deal with the vehicle and to sign and execute all
Agreements, contracts, declaration forms, Instruments and other writings whatsoever as may be necessary or expedient in
that behalf.
3. To appoint or, engage any broker or other agent for effecting any such transfer, sale, disposition, realisation, delivery of
or dealing with the vehicle as the case may be.
4. To give notice to appropriate authority for registration of the vehicle upon the sale, transfer, disposal of, delivery thereof.
5. To receive consideration by sale, transfer, disposition or delivery of or dealing with the vehicle and to give proper receipt
and valid effectual discharge for the same.
6. To orally, in writing or otherwise, hypothecate the vehicle in favour of the Lender on the terms & conditions contained in
the Loan cum Hypothecation Agreement entered into between myself/ourselves and the Lender or on such other terms as the
Lender may think fit.
7. To appear before the office of Registering Authority and any other authorities through advocates or any authorized
persons deemed necessary by the Lender to effect endorsement of hypothecation in Registration certificate and transfer the
Vehicle.
8. In the event of the lender deciding to recall the Loan amount for any reason whatsoever, the Lender would have the
irrevocable authority to cancel the booking of the vehicle with the manufacturer and to receive the booking amount any
other deposit with the dealer/ manufacturer and also to utilize the same towards discharging my/our debt towards the lender.
9. To receive the insurance receivable marked in favour of the Lender.
10. To Fill in, amend or complete such forms, documents or papers that would be lying with the Lender duly signed to give
full and complete affect thereof.
11. To fill in and complete any cheque that may be lying now or hereafter with the Lender duly signed by me/us with such
amount, data and/or name of the payee that may be deemed fit by the Lender.
12. To delegate all/any or more than one of the powers, authorities and liberties herein vested and to appoint any substitutes
to anyone or more purpose or purposes as the Lender shall from time to time desire in that behalf.
13. To appear before any Court, Tribunal or Authority to commence, institute, maintain, prosecute,
eSigned using Aadhaar
defend any
proceeding(s) relating to or connected
Suvra with
Roy the recovery of the dues/outstanding.
Sakti Rani Roy Binoy Krishna Roy
______________________ ______________________ ______________________ ______________________
14. To take on superdari to vehicle from any Court. Tribunal or Authority.
15. To appoint Advocate(s), to sign and verify pleadings, documents, memorandum, petition and all such documents that are
required to be filled before any Court, Tribunal or Authority.
16. And generally to do perform and execute all acts, deeds, matters, and things relating to or concerning to touching the
vehicle and these presents as fully and effectually as if we/ were personally present and the acts have been done performed
or executed by me/us.
17. And I/we hereby agree to ratify and confirm all whatsoever the Lender shall do or course to be done in all about the
premises by virtue of these presents.
18. I/We undertake to defray and reimburse all costs and expenses that the attorney may incure in carrying out these
presents.
19. This power of attorney has been issued for consideration and shall therefore remain effective, valid and irrevocable till
the loan granted by the Lender-has been fully realised to the satisfaction of the Lender and a Certificate of Discharge to that
effect has been issued by the Lender.
In witness whereof I/we hereunto set my/our hand/ Seal at_________________on this_________________day of
_________________.

______________________ ______________________ ______________________ ______________________
LETTER OF GUARANTEE
In consideration of” COMPANY NAME ” a company registered under the Indian Companies Act, 1956/2013, having its
registered Office at 908 ,9th Floor Mercantile House, 15 K.G. Marg, New Delhi – 110 001 (hereinafter referred as ““TPL”
or” Lender”) entering into loan agreement number………………..................................…. With
Mr/Ms……...................…........……………… s/o , residing at
…………………………........…………………………………………………………………………........………………
……………………………… Called the “Borrower” in respect of the
………………….……….......………………………..more fully described in the Schedule to the above mentioned
agreement. I, Mr./Ms. ……………………………………………… s/o ……………………………………………………,
residing at …………….............................. … , hereby called as “Guarantor” do hereby undertake and guarantee personally
and from out of my personal assets , the due and punctual payment of at and every sum payable by the Borrower under the
said loan agreement and the due performance and observance by the Borrower of all stipulations and conditions contained
therein and do further agree to pay Lender all the sums which from time to time may become due to the Lender under the
said agreement and such amount shall not exceed Rs. /-
(Rupees………………………………………………………………………………………………………
……………………………….). I , further agree that this guarantee shall be a continuing and irrevocable guarantee until the
loan is fully repaid and shall not be avoided, released or affected by Lender giving time to borrower for payment of any
sums due or making any variation by Lender and the Borrower in terms of the said agreement. All the rights of Lender shall
remain in full force, notwithstanding any neglect or forbearance or delay in the enforcement by Lender of any “Of the terms
of the aforesaid agreement with the Borrower. It is agreed that only in the event of the said agreement being completely
fulfilled by the Borrower, I shall be entitled to obtain only by demand from Lender a full and complete discharge of all my
obligations under the terms and conditions of the Guarantee. The Guarantee contained herein shall not be affected by any
change in the constitution of Lender or of the Borrower. The Expression “Lender”,” The Borrower” and the “Guarantor”
shall include wherever the context so admits, or means, their respective successors, assigned administrators, executors and
legal representatives. IN WITNESS WHERE OF, I………………………………………………., Signed the Guarantee at
…………………………………on this day ……….of …………………………………, 20……
Signature
Name and Address

______________________ ______________________ ______________________ ______________________
3/2, Amar Park, Zakhira, New Rohtak Road, New Delhi,110030
DEMAND PROMISSORY NOTE
RS……………………………………………………………………/-
ON DEMAND, I/We Mr. ………………………………………. S/o …………………………………………………………

severally and or jointly unconditionally promise to pay ” COMPANY NAME ” , a company registered under the
Companies Act 1956/2013 and having its registered office at 908 ,9th Floor Mercantile House, 15 K.G. Marg, New Delhi –
110 001, IN on its order at its office mentioned above, the sum of Rs /-
(Rupees………………………………………………………………………… only) with Interest thereon at the rate of
...............% ( ) per annum for value received with monthly rests till date of payment in full, subject to change as per
company’s policy. Presentment for payment and protest of the note are hereby unconditionally and irrevocably waived.
Revenue stamp Revenue stamp Revenue stamp
FOR SIGNATURE FOR SIGNATURE FOR SIGNATURE

BORROWER GUARANTOR CO-BORROWER
NAME:…………………………… NAME:…………………………… NAME:……………………………
DATE:……………………………
PLACE:……………………………

______________________ ______________________ ______________________ ______________________
DELIVERY RECEIPT
Me undersigned ............................................. S/o ............................................. have taken the delivery of vehicle Scooter
Cycle/Car/Rickshaw, Regd. No................................................................. bearing Engine No .............................................
Chassis No.................................................... Model No from Shri through as per signed & addressed, for my personal use,
complete in all respect with registration documents and tax paid upto ……………………..
I will be fully responsible for its maintenance, Accident, Road Taxes, Police Challans, other offences & misuse of any kind.
Received By …..………..................
Place: ……………………….. Signature.............................................
NAME: …………………………………………
ADDRESS: …………………………………….
DATE: …………………………………………
PHONE:………………………………………
Received To……………………………………………
Place: ………………………………… Signature................................
Name: …………………………………………
Address: ……………………………………..
Date: ……………………………………
Phone: ………………………………………

______________________ ______________________ ______________________ ______________________
DECLARATION OF VERNACULAR LANGUAGE
I, Mr./Ms.…………………………………, hereby declare that Mr.………………………………… have read out and

explained in vernacular language the contents and nature of the loan cum Hypothecation agreement and other documents to
me (Borrower) and all the documents are signed by me in the capacity of Borrower to avail the loan facility
from”COMPANY NAME ”.. I, do hereby acknowledge the same.
That I am signing all the documents and the agreements after understanding the nature and contents of all the documents.
______________________ ______________________
Name & Signature of the Officer DECLARANT

______________________ ______________________ ______________________ ______________________
BANK SIGNATURE VRIFICATION
Dated :-
To,
The Branch Manager,
Bank Name………………………………
Bank Address………………………………
Subject: Verification of Signature
Re: Account No
Dear Sir/Madam
I/We am/are holding above mentioned account in your bank under the name of ………….……………….. We hereby
request you to kindly attest the signature of the Signatory Mr. ……………………….. Signature:
Your Kind cooperation in this matter will be highly appreciated. Thanking you,
Yours Sincerely,
Mr………………………
VERIFIED BY:
Bank official Name:
Employee Code:
Stamp of Bank:

______________________ ______________________ ______________________ ______________________

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SANCTION LETTER

1. Loan Agreement No.:

2. Date of Agreement: 12-06-2024

5. Repayment: Monthly in EMI’s

10. Documentation/Application Charges:

11. Additional Delay Interest: % per annum on the outstanding amount.

12. Bouncing Charges

13. Pre-closure Charges:4% on Principal Outstanding

14. Co- Borrower/Guarantor Name:Sakti Rani Roy

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

LENDER: Test Private Limited

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

Loan Agreement: Place of Agreement: Date:

Processing fees Foreclosure/Prepayme nt 4% of principle outstanding amount

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

Mother Name: Marital Status: Married

Father's Name: Bk Roy Spouse Name: Arpita Roy Citizenship: INDIAN

Account No.: Account Opening Date:

Address Line II:

Own Rented Years in Current Address:

Address Line II:

Own Rented Years in Current Address:

Applicant Thumb Impression (RIGHT OR LEFT) OR Signature

Co-Borrower Sakti Rani Roy

Parent's/Spouse Name: BK Roy

Parent's/Spouse Name: BK Roy

Address Line II:

Yrs. In Current Address

Co-Borrower Thumb Impression (RIGHT OR LEFT) OR Signature

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

*The EV Vehicle Loan Is available without other offering.

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

Mother Name: Marital Status: Married

Father's Name: Bk Roy Spouse Name: Arpita Roy Citizenship: INDIAN

Voter Id No./Passport No./PAN Card No.: Annual Gross Salary:

Account No.: Account Opening Date:

Nearest Landmark: Pin Code:

Present Property Own ? Parental? Company? Years in Current Address:

Address Line II:

eSigned using Aadhaar eSigned using Aadhaar eSigned using Aadhaar

Name of Member Relation Age Education Status Dependent/

Nature of House: Own Rented Quarter

Bank Account Details :

ATM Card (Yes/ No)

Name(s) of the Borrower

Address(s) of the Borrower(s)

Name(s) of the Co-Borrower

Address(s) of the Co-Borrower(s)

Name and Address of the Guarantor / Owner of the Asset

Place of Business and status of the Borrower(s)(Viz

Tenure of the Loan

Date by which Conditions Precedent to be fulfilled

Rate of interest (% per annum)

EMI END DATE