Annex A

Key Facts Statement Valid Till 16-10-2024

Part 1 (Interest rate and fees/charges)

Loan proposal/
1 Type of Loan Consumer Durable Loan
account No. 3038CD0524093

2 Sanctioned Loan amount (in Rupees) 15013.0

Disbursal schedule

1. Disbursement in stages or 100% upfront.

3 100% Upfront
2. If it is stage wise, mention the clause of
loan agreement having relevant details.

4 Loan term (year/months/days) 7 Months

5 Instalment details 1

Number of Commencement of repayment, post

Type of instalment EPI (Rs.)
EPIs sanction

Monthly 7 6 x 2145 25 Days (03/11/2024)

1 x 2143
6 Interest rate (%) and type (fixed or floating or hybrid) 0.13 FIXED

7 Additional Information in case of Floating rate of interest

Reset periodicity Impact of change in the reference benchmark

Final rate
Reference Benchmark Spread
(%) R = (B) (Months) (for 25 bps change in ‘R’, change in:)
Benchmark rate (%) (B) (%) (S)
+ (S)
B S EPI (Rs.) No. of EPIs

NA NA NA NA NA NA NA NA

8 Fee/ Charges

Payable to the - TVS Credit Payable to a third party through - TVS

Services Limited (A) Credit Services Limited (B)

Amount (in Rs.) or

Amount (in Rs.) or Percentage
One-time/ Percentage (%) as One-
(%) as applicable (Inclusive of
Recurring applicable (Inclusive of time/Recurring
Applicable taxes)
Applicable taxes)

(i) Processing fees One-Time 471.0

Insurance Premium
(ii) One-Time One-Time 0.0
Charges

Mandate Registration
(iii) One-Time 150.0
Charges

Credit Verification
(iv) One-Time 150.0
Charges

(v) Any other (please specify)

 VAS Charges:

Mobile Accidental
Damage/Liquid One-Time One-Time 1514.0
Damage

Annual Percentage Rate (APR)

9 91.55
(%) (Excluding applicable Taxes)

10 Details of Contingent Charges (in Rs. or %, as applicable)(Inclusive of Applicable taxes)

36% per annum on unpaid

(i) Penal Charges (Exclusive of GST)
installment

For Interest bearing schemes

- Rs.1000+Broken period
interest
(ii) Loan cancellation charges (from disbursement date to
cancellation date)
For non-interest-bearing
schemes - Rs.1000

3% on principal outstanding
for all interest-bearing
(iii) Foreclosure charges
schemes, Nil for non-interest-
bearing schemes

(iv) Charges for switching of loans from floating to fixed rate and vice versa NA

(v) Bounce Charges Rs. 500/-

(vi) ACH Failure Charges Rs. 500/-

(vii) Cash Collection / Visit Charges Rs.100/- per visit

(viii) Duplicate NDC/NOC charges Rs. 250/-

(ix) Duplicate Repayment Schedule - hard copy Rs. 250/-

(x) Legal, Repossession & Incidental Charges At Actuals

(xi) Mandate Rejection Charges Rs. 500/-

(xii) Statement of Accounts - hard copy Rs. 250/-

(xii) Swap Charges Rs. 500/-

1) The given Details of Instalments i.e., the amount of EPI/EMI and date of Commencement of repayment are for illustrative purposes only. The actual
Details of Instalments shall be in accordance with the final repayment schedule which shall be communicated to the Borrower in writing along with the
final KFS. The registered address and/or mobile number of the Borrower as captured in the application form and other loan documents such as sanction
letter and loan agreement shall be used for sending such communication.

Part 2 (Other qualitative information)

11.12 The Lender shall, without prejudice to its rights to perform such activities itself or through its
office employees, be entitled to appoint one or more person(s) (“Service Providers”) as the Lender
Clause of Loan
may select and to delegate to such party all or any of its functions, rights and powers under the
agreement
Transaction Documents including the rights and authority to receive on behalf of the Lender from the
1 relating to
Borrowers all Borrower’s Dues by engaging recovery agents and to perform and execute all lawful
engagement of
acts, deeds, matters and things connected therewith and incidental thereto. The Borrowers expressly
recovery agents
and irrevocably consent that for any claim against the Service Providers, the Lender shall not be liable
and the claim of the Borrowers on this account shall be against the Service Providers only.
 11.13 The Lender shall be accountable for any inappropriate behavior by its employees or employees
of its Service Providers. In the event the Borrower is aggrieved by the behaviour or acts of any
employees of its Service Providers then the Borrower may lodge its grievance with:
Grievance Redressal Officer appointed as the Grievance Redressal Officer (GRO) under the Fair
Clause of Loan
Practices Code and digital lending guidelines issued on 02.09.2022 who can be approached by the
agreement which
public for resolution of complaints against the Lender. The Borrower may lodge a complaint by
2 details grievance
sending an email at [email protected]. If the complaint / dispute is not redressed within a period of
redressal
one month, the customer may appeal to the Officer-in-Charge of the Regional Office of Department of
mechanism
Non-Banking Supervision (DNBS), Reserve Bank of India, Fort Glacis, Rajaji Salai, Chennai 600 001,
Tamil Nadu, Tel: 044 25393406, under whose jurisdiction the registered office of the Lender falls. For
the benefit of the Borrower, the above information on “grievances” will be displayed at the Lender’s
branches / places where business is transacted.

Phone number
and email id of the Email: [email protected]
3
nodal grievance Mobile: 7305963580
redressal officer

Whether the loan is, or in future maybe, subject to

4 YES
transfer to other REs or securitisation (Yes/ No)

In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing), following additional details
5
may be furnished:

Name of the
originating RE,
Name of the partner RE along with its proportion of funding Blended rate of interest
along with its
funding proportion

NA NA NA

6 In case of digital loans, following specific disclosures may be furnished:

(i) Cooling off/look-up period, in terms of RE’s board approved policy, during which
NA
borrower shall not be charged any penalty on prepayment of loan

(ii) Details of LSP acting as recovery agent and authorized to approach the borrower NA

Please Note: The above computation for APR is for illustrative purposes only. The final APR shall be computed basis the date of actual disbursement of
the sanctioned loan amount. Upon actual disbursement of the sanctioned loan amount, the final KFS containing the final APR shall be communicated to
the Borrower in writing. The registered address and/or mobile number of the Borrower as captured in the application form and other loan documents such
as sanction letter and loan agreement shall be used for sending such communication.

Annex B
Computation of APR for Consumer Durable Loan

Sr.
Parameter Details
No.
Sanctioned Loan amount (in Rupees) ( Sl no. 2 of the KFS
1 15013.0
Annexure A – Part 1)
2 Loan Term (in years/ months/ days) (Sl No.4 of the KFS Annexure A – Part 1) 7 Months
(a) No. of instalments for payment of principal, in case of non- equated periodic loans NA
Type of EPI Monthly
(b) Amount of each EPI (in Rupees) and nos. of EPIs, 6 x 2145
(Sl No. 5 of the KFS Annexure A – Part 1) 1 x 2143
(c) No. of instalments for payment of capitalised interest, if any NA
(d) Commencement of repayments, post sanction (Sl No. 5 of the KFS Annexure A – Part 1) 25 Days (03/11/2024)1
Interest rate type (fixed or floating or hybrid) (Sl No. 6 of the
3 Fixed
KFS Annexure A – Part 1)
4 Rate of Interest (Sl No. 6 of the KFS Annexure A – Part 1) 0.13 %
Total Interest Amount to be charged during the entire tenor of the loan as per the rate
5 900.05
prevailing on sanction date (in Rupees) - (a)
Out of (5) above, amount paid by manufacturer/dealer as interest subvention - (b) 900.05
Total Net Interest Amount payable by the customer (a) - (b) 0.0
6 Fee/ Charges payable (in Rupees) 2285.0
Payable to the RE - TVS Credit Services Limited (A) (Sl No.8A of the KFS Annexure A -
A 771.0
Part 1) (in Rupees)
 Payable to a third party through RE - TVS Credit Services Limited (B) (Sl No.8B of the KFS
B 1514.0
Annexure A - Part 1) (in Rupees)
7 Net disbursed amount (1-6) (in Rupees) 12728.0
8 Total amount to be paid by the borrower (sum of 1 and 5) (in Rupees) 15013.0
Annual Percentage rate2- Effective annualized interest rate (in percentage)3- (Sl No.9 of the
9 91.55
KFS Annexure A - Part 1)
10 Schedule of disbursement as per terms and conditions Upfront
FROM 03/11/2024 to
03/05/2025
11 Due date of payment of instalment and interest
(payable on 3rd of every
month)4

1)The given date of Commencement of repayment is for illustrative purposes only. The actual details of date of Commencement of repayment shall be in
accordance with the final repayment schedule which shall be communicated to the Borrower in writing along with the final KFS. The registered address
and/or mobile number of the Borrower as captured in the application form and other loan documents such as sanction letter and loan agreement shall be
used for sending such communication.
2) The above computation for APR is for illustrative purposes only. The final APR shall be computed basis the date of actual disbursement of the
sanctioned loan amount. Upon actual disbursement of the sanctioned loan amount, the final KFS containing the final APR shall be communicated to the
Borrower in writing. The registered address and/or mobile number of the Borrower as captured in the application form and other loan documents such as
sanction letter and loan agreement shall be used for sending such communication.
3) Computed on net disbursed amount using IRR approach and reducing balance method
4) The given Due date of payment of instalment and interest are for illustrative purposes only. The actual Due date of payment of instalment and interest
shall be in accordance with the final repayment schedule which shall be communicated to the Borrower in writing along with the final KFS. The registered
address and/or mobile number of the Borrower as captured in the application form and other loan documents such as sanction letter and loan agreement
shall be used for sending such communication.

Annex C

Repayment Schedule1

Instalment No. Outstanding Principal (in Rupees) Principal (in Rupees) Interest (in Rupees) Instalment (in Rupees)2
1 15013 2145 0 2145
2 12868 2145 0 2145
3 10723 2145 0 2145
4 8578 2145 0 2145
5 6433 2145 0 2145
6 4288 2145 0 2145
7 2143 2143 0 2143

1) The above repayment schedule is for illustrative purpose only. The final repayment schedule shall be computed basis the date of actual disbursement
of the sanctioned loan amount. Upon actual disbursement of the sanctioned loan amount, the final KFS shall be communicated to the Borrower in writing.
The registered address and/or mobile number of the Borrower as captured in the application form and other loan documents such as sanction letter and
loan agreement shall be used for such sending such communication
2) Please Note
a. The disbursement of Loan, i.e., the actual date of transfer of funds by Lender, shall be subject to submission of all the necessary documents by the
Borrower to the satisfaction of the Lender and not immediately upon execution of the Agreement. The final Repayment Schedule shall be computed from
the date of disbursement of Loan and communicated to the Borrower, which shall, in the event of any conflict, supersede and override the Repayment
Schedule which is attached herein with the Agreement. Such subsequent communication containing the final Repayment Schedule shall be binding on
the Borrower and form part and parcel of the Loan Agreement.
b. The interest shall become payable from the date of disbursement of Loan. The amount of first and last EMI may vary depending upon the date of
disbursement. Example Scenario 1: For Loans disbursed between 01-01-2024 to 4-01-2024 , the Due Date of first EMI shall be on or before 05-02-2024.
In this case the amount of first EMI shall be higher than the rest of the EMI amounts and last EMI amount may be higher or lower than the remaining EMI
amounts.
Scenario 2: For Loans disbursed between 05-01-2024 to 19-01-2024 , the Due Date of first EMI shall be on or before 05-02-2024. In this case the
amount of the first EMI shall be same with the rest of the EMI amounts and the last EMI amount may be higher or lower than the remaining EMI amounts.
Scenario 3: For Loans disbursed between 20-01-2024 to 31-01-2024, the Due Date of first EMI shall be on 05-03-2024. In this case the amount of first
EMI shall be higher than the rest of the EMI amounts and last EMI amount may be higher or lower than the remaining EMI amounts.
The above scenarios are only for illustrative purposes. The actual Due Dates and amount of each EMI are to be referred and read from the final
Repayment Schedule only.