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    Welcome Letter

    Uploaded by

    Pradeep Rahul
    The document is a letter from Hero FinCorp Ltd confirming approval of a two-wheeler loan for Rajesh Kumar Sahoo. It includes the loan details, repayment schedule, and contact information for any queries about the loan relationship.

    Copyright:

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

    Welcome Letter

    Uploaded by

    Pradeep Rahul
    17 views4 pages
    The document is a letter from Hero FinCorp Ltd confirming approval of a two-wheeler loan for Rajesh Kumar Sahoo. It includes the loan details, repayment schedule, and contact information for any queries about the loan relationship.

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    welcome letter

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    The document is a letter from Hero FinCorp Ltd confirming approval of a two-wheeler loan for Rajesh Kumar Sahoo. It includes the loan details, repayment schedule, and contact information for any queries about the loan relationship.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    17 views4 pages

    Welcome Letter

    Uploaded by

    Pradeep Rahul
    The document is a letter from Hero FinCorp Ltd confirming approval of a two-wheeler loan for Rajesh Kumar Sahoo. It includes the loan details, repayment schedule, and contact information for any queries about the loan relationship.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 4

    To, Date- 16-05-2024

    MR.RAJESH KUMAR SAHOO


    AT FALAPUR PO NADIGAON FALAPUR BHADRAK
    BHADRAK-756119
    ODISHA
    9178696005

    Subject: Welcome to Hero FinCorp Family

    Reference Your Two Wheeler Loan Account No. CHDTWL00100002776368

    Dear MR.RAJESH KUMAR SAHOO,

    We welcome you to Hero FinCorp Limited "HFCL" and wish to thank you for choosing us as your preferred Financial
    Institution.

    We are pleased to confirm that your loan amount mentioned in Schedule 1 has already been disbursed as per your request.
    We are delighted to provide solutions to your financial needs and hope to make your experience a memorable one.

    For your ready reference, we enclose the documents pertaining to your Two Wheeler Loan in the following schedule;

    Schedule 1 - Your loan details for future reference


    Schedule 2 - The Repayment Schedule for your loan, which will assist you in tracking the EMI Due Dates and
    Outstanding Loan Amount
    Annexure - Charge Schedule
    We look forward to an excellent relationship with you ahead.

    For any queries related to your loan relationship, please contact us on the below mentioned channels:

    1. Hero Fincorp Service Mobile App-


    Android : - https://play.google.com/store/apps/details?id=com.customer.herofincorp&hl=en

    IOS : - https://apps.apple.com/us/app/hero-fincorp-servicing-app/id1510121935

    2. Hero Fincorp WhatsApp Service Number- (9289386204)

    WhatsApp Link: https://wa.me/919289386204?text=Hi

    1800-102-4145

    [email protected]

    Write to us:
    Hero FinCorp Limited,
    A-44, Mohan Co-Operative Industrial Estate,
    Mathura Road,
    New Delhi - 110044
    India

    THIS IS A COMPUTER GENERATED LETTER, HENCE DOES NOT REQUIRE SIGNATURE

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774
    Schedule 1

    Please note that as per the terms of the loan agreement signed between you and Hero FinCorp Ltd, repayment shall be
    made through EMIs

    The disbursement details are as follows:

    1 Application ID 3626668
    2 Loan Account Number CHDTWL00100002776368
    3 Loan Amount (Rs.) 70,087.00
    4 Disbursal Date 2018-08-18
    5 EMI Amount (Rs.) 2,819.00
    6 EMI Start Date 2018-10-08
    7 EMI End Date 2021-02-08
    8 Gross Tenure (months) 30
    9 Net Tenure (months) 29
    10 Advance EMI Count 1
    11 Advance EMI Amount 2,819.00
    12 Rate of Interest (%) 8.25
    13 First EMI Due On 2018-10-08
    14 Maturity Date 2021-03-08
    15 Down Payment Amount (Rs.) 23,448.00
    16 Processing Fee (Rs.) 2,103.00
    17 PDC/ECS/ADM Charge (Rs.) 250.00
    18 Document Charges (Rs.) 1,000.00
    19 Ex-Showroom Price (Rs.) 77,800.00
    20 On-Road Price (Rs.) 87,076.00
    21 Insurance Amount (Rs.) 2,488.00
    22 RTO Charges (Rs.) 6,788.00
    23 GST 0/-
    24 Vehicle Make XTREME

    Please ensure your bank account has sufficient balance till your EMI is cleared for the month
    As mentioned in the loan agreement, all the repayment of dues will need to be paid by the due date to avoid bouncing and
    penal charges
    Incase your EMI is unfortunately returned unpaid from your banker then the same should be paid through the below
    mentioned channels
    A. Visit our website www.herofincorp.com or Click Here

    B. Please obtain e-receipt from the Collection representatives duly authorized by Hero FinCorp Ltd. against cash payment
    made.

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774
    Schedule 2
    Repayment Schedule Two Wheeler Loan Account No. CHDTWL00100002776368

    Opening Principal Interest Outstanding


    EMI No Due Date Principal EMI Amount Portion Portion Principal
    1 2018-10-08 67,268.00 2,819.00 1,376.00 1,443.00 65,892.00
    2 2018-11-08 65,892.00 2,819.00 1,970.00 849.00 63,922.00
    3 2018-12-08 63,922.00 2,819.00 1,996.00 823.00 61,926.00
    4 2019-01-08 61,926.00 2,819.00 2,021.00 798.00 59,905.00
    5 2019-02-08 59,905.00 2,819.00 2,047.00 772.00 57,858.00
    6 2019-03-08 57,858.00 2,819.00 2,074.00 745.00 55,784.00
    7 2019-04-08 55,784.00 2,819.00 2,101.00 718.00 53,683.00
    8 2019-05-08 53,683.00 2,819.00 2,128.00 691.00 51,555.00
    9 2019-06-08 51,555.00 2,819.00 2,155.00 664.00 49,400.00
    10 2019-07-08 49,400.00 2,819.00 2,183.00 636.00 47,217.00
    11 2019-08-08 47,217.00 2,819.00 2,211.00 608.00 45,006.00
    12 2019-09-08 45,006.00 2,819.00 2,239.00 580.00 42,767.00
    13 2019-10-08 42,767.00 2,819.00 2,268.00 551.00 40,499.00
    14 2019-11-08 40,499.00 2,819.00 2,297.00 522.00 38,202.00
    15 2019-12-08 38,202.00 2,819.00 2,327.00 492.00 35,875.00
    16 2020-01-08 35,875.00 2,819.00 2,357.00 462.00 33,518.00
    17 2020-02-08 33,518.00 2,819.00 2,387.00 432.00 31,131.00
    18 2020-03-08 31,131.00 2,819.00 2,418.00 401.00 28,713.00
    19 2020-04-08 28,713.00 2,819.00 2,449.00 370.00 26,264.00
    20 2020-05-08 26,264.00 2,819.00 2,480.00 339.00 23,784.00
    21 2020-06-08 23,784.00 2,819.00 2,512.00 307.00 21,272.00
    22 2020-07-08 21,272.00 2,819.00 2,545.00 274.00 18,727.00
    23 2020-08-08 18,727.00 2,819.00 2,577.00 242.00 16,150.00
    24 2020-09-08 16,150.00 2,819.00 2,611.00 208.00 13,539.00
    25 2020-10-08 13,539.00 2,819.00 2,644.00 175.00 10,895.00
    26 2020-11-08 10,895.00 2,819.00 2,678.00 141.00 8,217.00
    27 2020-12-08 8,217.00 2,819.00 2,713.00 106.00 5,504.00
    28 2021-01-08 5,504.00 2,819.00 2,748.00 71.00 2,756.00
    29 2021-02-08 2,756.00 2,819.00 2,756.00 63.00 0.00
    30 2021-03-08 0.00 2,819.00 2,819.00 0.00 0.00
    Total 84,570.00 70,087.00 14,483.00

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774
    ANNEXURE - CHARGE SCHEDULE

    Transaction Charges in (Rs)

    Pre-payment 5% of Principal Outstanding

    Pre-payment (before 6 months) Within 6 (six) months from date of disbursement, interest on
    loan amount for 6 (six) months plus prepayment charges

    *Cheque / ECS Dishonor Charges (per instrument) Rs. 350/- (Rupees Three Hundred and Fifty Only)

    Delayed Payment Charges 3% per month of Overdue Amount

    Legal, Repossession & Incidental Charges At actual

    *NOTE: Charges which are in nature of fees are inclusive of GST

    Used Car Loans


    Hero FinCorp is a best-in-class provider of
    financial solutions for both certified & non-
    certified used cars

    Click here to know more

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774

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