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01 - Sanction Letter


       Date  27 oct 2017
       Application number: 2017101300047
       Ranjeet Kapil Sharma        *Remember to include HDFC Life Insurance & HDFC
       Address: 204/A Shri Sharnam, J.B. Nagar,  ERGO Long Term Fire Protection Plan, if customer
       Andheri (W) Mumbai 400706.  wishes to get it funded as part of the loan amount.
       Dear Sir/Madam,
       With ref. to your loan application, we are pleased to inform you that your loan request has been
       approved in principle by Piramal Capital & Housing Finance Limited (PCHF), on the following terms & condi-
       tions:
        Nature of Facility  Home Loan   Rate of interest  8.50% p.a.
        Purpose of Loan  Direct Builder  Rest Frequency  Monthly Rest
                    HL Upto         Term of Loan  240 months
        Amount of Loan
                    Rs. 1,00,00,000  EMI         Rs. 86,782/-
        LI Prem. Amt.               Processing Fees  Rs. 11,800/- (Inclusive of GST)
        GI Prem  Amt.               Mode of payment  NACH
        Interest Rate Type  Floating  RPLR       15.50% p.a.
       Special Conditions*:
         1. Subject to Positive Legal, Technical and other verifications as per the PCHF norms.  Ensure all these
         2. LTV on the Proposed collateral to be restricted to 75% of MV of the Property   conditions are
         3. All Property owners to be on loan structure    fulfilled before
         4. Property Insurance to be taken mandatorily
                                                           disbursement
        If the above..................................................your acceptance. (Paragraph not reproduced)
       We look forward to disbursing this Loan and request you to complete all the formalities in this
       regard.
       Yours Faithfully,
       For Piramal Capital & Housing Finance Ltd.
        Prashant..
       Authorized Signatory
       Accepted by :
         RSharma    SSharma            All applicant and co-applicants need to sign
      Ranjeet K. Sharma & Sheetal R. Sharma  on first page as well as on the last page.
      (Name of Borrower & Co - Borrowers )
                                   Page - 2
          General Terms & Conditions:
       * Paragraph as per Sr. No. 1 to 16  has not been reproduced here as they
          are common in sanction letter format.
         This sanction shall stand canceled and revoked if:
          Accepted by:
                 RSharma     SSharma
                 Ranjeet Sharma & Sheetal Sharma
               (Name of Borrower & Co-Borrowers)

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