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    Settelment Letter

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    rahulpatra242
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    Settelment Letter

    Uploaded by

    rahulpatra242
    6 views1 page
    Noc of tr

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    settelment letter

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    Copyright:

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    6 views1 page

    Settelment Letter

    Uploaded by

    rahulpatra242
    Noc of tr

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Axisb 2024-2025/3170362 Date : 2Feb-24

    To
    RAHUL PATRA
    BUDGE BUDGE TRUNK ROAD ESI HOSPITAL,
    GUMAR GA,
    MAHESHTALA,
    SOUTH 24 PARGANAS 700139

    Dear Sir/Madam
    SUB: SETTLEMENT OF AXIS SANK CREDIT CARD/LOAN: 440006******2476

    Further to the discussions the Bank had with you, as a special case, we agree to accept an amount of Rs. 14788 against the
    total outstanding of Rs. 25086 in which payment has to be made on or before 21-Sep-23 in the below mentioned schedule,
    and it does not set any precedent. The said payment shall be made as under.
    Sr .No Mode of Payment Date Amount (Rs.)
    1 Cash/Cheque/DD/Account transfer 21-sep-2023 14788
    Total 14788

    The aforesaid offer is subject to realization of cheques, if any issued by you towards the aforesaid offer. In the event of your
    failure to comply with the above mentioned payment schedule with respect to this settlement, this one some settlement offer
    will become null and void and waivers/concessions, if any, granted shall stand withdrawn with Immediate effect and you will
    liable to pay the total outstanding as on date with interest as per the contractual terms & conditions.

    Please note that any legal action already initiated by us will continue till closure of the Credit Card/Loan through payment of
    settlement amount as mentioned in this letter.

    It is further stipulated that any legal proceedings, claims and demands initiated or complaints lodged by you or on your behalf
    against the Bank and/or its employees, officials and representatives pertaining to this Credit Card/Loan shall be withdrawn
    unconditionally with immediate effect from the date of acceptance of this offer.

    Fur your information and understanding, we wish to advise you that as per the current procedure of Credit Information
    Companies, if a matter is settled by paying an amount which is less than the actual outstanding amount on a certain date, the
    records of Credit Information Companies will reflect the status as "settled” (except in written off cases where it shall reflect as
    "Write Off) and the Credit Information Companies do not delete the records in such cases. Please note that the cases shown
    as "Settled” may have adverse effect on the credit scoring and loan entitlements from financial institutions at soaring pattern
    depends upon the policy of the individual Credit Information Company for which you may initiate corrective action at your
    discretion. In case, you want to have clear credit record and “NIL” outstanding dues, the settled account needs be paid fully,
    i.e. balance principal amount. If any, along with balance and accumulated interest till date of such further payment

    This letter is issued without prejudice to the rights of the Bank take necessary steps against you in accordance with law in the
    event of any breach committed by you in terms hereof and/or the terms governing the facility including defaults in future
    payment.

    Note: This is system generated letter, no signature is required.

    Axis Bank NPC 1 5th r Gigaplex Bidg no 1 Plot No I T 5 MIDC Airoli Knowledge Park Airoli, Mumbai. Maharashtra. India 400708
    REGISTERED OFFICE: Trishul-3rd Floor Opp. Samartheswar Temple, Near Law Garden, Ellisbridge, Ahmedabad-380006
    Telephone No. 079-26409322 Fax No.- 079-26409321 CIN: L65110GJ1993PLC020769
    Website-www.axisbank.com E-mail Id/Support: www.axisbank.com/support

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