SMFG India Credit/Loan Agreement for PLBL/Version XXI/Apr 24

LOAN AGREEMENT Ref # : 7273440

This LOAN AGREEMENT (Agreement) contains the terms and conditions of availing the loan by the Borrower (hereinafter defined). By accepting the Agreement the Borrower(s) agrees to the terms
and conditions of this Agreement [date and place of acceptance is mentioned in the Loan Summary Schedule (LSS) cum Most Important Terms & Conditions (MITC) specified below
By and Between
The Borrower(s), details whereof is/are more particularly described in the LSS specified below and, wherever the context so requires, includes a Co-Borrower(s) named therein and hereinafter
collectively (if there is more than one Borrower referred to as the Borrower(s)) of the ONE PART,
AND
SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.), a company registered under the Companies Act, 1956 having its registered office at Megh Towers, 3rd Floor, Old No. 307, New
No. 165, Poonamallee High Road, Maduravoyal, Chennai-600095, Tamil Nadu, and inter alia a Branch Office at the address stated in the LSS appended hereto (and hereinafter referred to as SMFG
India Credit which expression, unless repugnant to the context, shall be deemed to include its successors and assigns) of the OTHER PART.
WHEREAS the Borrower(s) have agreed to this Agreement by affixing his/her/its physical signature or by way of electronic acceptance, the same are construed as express consent under the existing
laws of India. The Borrower(s) has requested SMFG India Credit for availing a loan for profession/personal /business requirements and upon the request of the Borrower(s). SMFG India Credit has
agreed to grant the Loan (as defined hereinafter) upon the Borrower(s) accepting the terms and conditions hereinafter appearing.

AND WHEREAS THE BORROWER BY CONSENTING TO THIS AGREEMENT ACCEPTS THE TERMS AND CONDITIONS INCLUDING THE MITC AS SET OUT HEREINAFTER: -
All capitalized terms mentioned in this Agreement shall have the meaning as specified in the GTC mentioned below
1.1 Subject to the terms and conditions contained in the General Terms and Conditions applicable to the Borrower(s) for availing Personal/Business loan registered with the Sub-Registrar's office
Chennai, Tamil Nadu, a copy of which is available on SMFG India Credit website (https://smfgindiacredit.com/policies.aspx) (hereinafter referred to as “GTC” which term shall include amendments
to the same and any additional terms mentioned by SMFG India Credit from time to time ), the Borrower(s) herein agrees to borrow from SMFG India Credit and SMFG India Credit agrees to lend to
the Borrower(s) the sum specified in the Loan Summary Schedule (which sum is hereinafter referred to as the “Loan”) hereto. The most important terms applicable for the Loan are mentioned in
the LSS. All other terms of the Loan sanctioned will subject to the terms mentioned in the GTC. The specific and most important terms applicable to the Loan is mentioned in the LSS.
1.2 The Borrower(s) certifies that the information and documents provided to SMFG India Credit for availing the Loan are true & accurate and no material information has been withheld
/suppressed. The Borrower(s) hereby authorize and give consent to SMFG India Credit to disclose without notice to them, information furnished by them or related documents executed or to be
executed in relation to the facilities availed from SMFG India Credit, to SMFG India Credit's other branches, subsidiaries, affiliates, Credit Bureaus, Rating agencies, Service Providers, Banks/Financial
Institutions, Government/Regulatory authorities or third parties for KYC information verification, credit risk analysis, or for other related purposes that SMFG India Credit may deem fit.
1.3 The Borrower understands and acknowledge that subject to their consent, SMFG India Credit may fetch its data like banking details, capital market, GSTN etc as the case may be from the
participants in the account aggregators(“AA”) ecosystem. The AAs is a RBI regulated entity that helps secure access and share authorised data between regulated financial institution. The
Borrowers understands that he/she would receive an sms message from our partner AA alongwith the link requesting consent to share such data with SMFG India Credit. Consent once received
shall be valid throughout the tenure of the loan and SMFG India Credit shall be entitled to fetch such data on a periodic basis through AA for the purpose of periodic review and monitoring of loan
account(s).
1.4 The Borrower(s) further agrees that this Loan transaction shall be governed by the GTC as specified above. The Borrower(s) confirm having received a copy of the GTC which is hosted on the
website of SMFG India Credit. The Borrower(s) further confirm that he/she/they have read and understood the terms and conditions mentioned in the GTC applicable to this loan and accept the
terms and conditions unconditionally and agree that these terms and conditions may be changed by SMFG India Credit at any time and accordingly he/she/they will be bound by the amended
terms and conditions.
1.5 The Borrower(s) also note and acknowledge that SMFG India Credit is obliged to give prospective effect to any revision of interest rates or other charges, whether upwards or downwards, on all
existing advances/financial assistances having regard to the RBI guidelines/directives, applicable regulations, conditions in the money market, cost of fund and availability of loanable funds at the
relevant time.
1.6 On the happening of any of the Events of Default, SMFG India Credit shall have the right, but not the obligation to recall the entire Loan and demand payments outstanding on the date of such
demand made in respect of the Loan together with further interest from the date of the Event of Default till the date of payment in full or realization of the total amounts due and payable and upon
the Borrower failing to make the said Payment within 7 (seven) Business Days from the date of such demand, the SMFG India Credit may, at its sole discretion by a notice in writing to the
Borrower(s) and without prejudice to the rights and remedies available to SMFG India Credit under the Loan Terms or any other Loan Document and SMFG India Credit shall have, inter alia, the
following rights (notwithstanding anything to the contrary in the Loan Terms and/or the other Loan documents and irrespective of whether the entire Loan or Borrower(s)’ Dues has/ have been
recalled) without any further notice or other legal formalities of any kind namely:
i. in the event the Loan is being disbursed by SMFG India Credit in various disbursements, suspend further drawings of the outstanding commitment of SMFG India Credit;
ii. SMFG India Credit shall be entitled to exercise any right, power or remedy permitted to it by law, including by suit, in equity, or by action at law, or both, or otherwise, whether for specific
performance of any covenant, condition or term contained in these General Terms and Conditions or for an injunction against a violation of any of the terms and conditions of these General Terms
and Conditions. The rights and remedies provided to SMFG India Credit in these General Terms and Conditions are cumulative and not exclusive of any rights or remedies provided by law.
1.7 The Borrower(s) confirms that:
a. The interest rate would be computed on daily balance basis and charged on monthly rests at the rate as set out in the LSS.
b. Processing fees will be non-refundable.
c. Tax on services as may be applicable will be charged in connection with the Loan.
d. SMFG India Credit shall not be liable for any loss of documents /photographs or delay in processing of Loan request due to pendency of documents/information required from Borrower, nor will
it return any documents/photographs, under any circumstances, once submitted to SMFG India Credit.
e. Equated Monthly Instalment (EMI) will be due on the days and periods as mentioned in LSS;
f. Loan prepayment charges shall be applicable as mentioned in LSS herein below;
g. Other charges or fees applicable for the Loan mentioned in the LSS are acceptable to the Borrower(s). The Borrower(s) confirm that GST registration information and registration number
provided is true and correct. The Borrower(s) further understands that if his/her/their GST registration number is not provided or is incorrect, then GST Authority may not grant him/her/them GST
Input Credit for GSTon charges.
h. SMFG India Credit shall be entitled to levy and collect dishonour charges in case of dishonour of cheque/ECS/NACH presentation as per SMFG India Credit’s internal policies from time to time.
The Cheque/ECS/NACH dishonour charges as referred to herein are not compensatory and/or to be construed as any form of consideration towards the act of dishonour and in no ways should the
same be construed as fees recovered under this facility. It is abundantly clarified that SMFG India Credit does not tolerate dishonour of instruments and/or deposit of an invalid, fake or unworthy
instrument issued towards meeting payment obligations under this facility and any charges collected thereof are not intended to compound such acts of dishonour. Notwithstanding any charges
collected hereof SMFG India Credit reserves its right to invoke appropriate civil and criminal laws.

IN WITNESS WHEREOF, THE BORROWER HERETO HAVE SIGNED OR ACCEPTED THROUGH ELECTRNIC MODE THIS AGREEMENT IN ACCEPTANCE OF ALL TERMS AND CONDITIONS STATED ABOVE
AND THE SCHEDULE HERETO ON THE DAY, MONTH AND YEAR MENTIONED IN THE SCHEDULE.

Borrower’s Name: VAIRAM AGENCIES Signature……………………………….……………..

Name of Authorised Signatory VAIRAMUTHU I
(for Proprietorship, Partnership & Companies)

Co-Borrower’s Name: VAIRAMUTHU I Signature……………………………….……………..

Name of Authorised Signatory
(for Proprietorship, Partnership & Companies)

For SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)
Name of the Authorised Signatory Signature……………………………….……………..

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SMFG India Credit/Loan Agreement for PLBL/Version XXI/Apr 24

LOAN SUMMARY SCHEDULE (LSS)

CUM
MOST IMPORTANT TERMS & CONDITIONS (MITC)
Please read carefully before confirming
ACKNOWLEDGEMENT FORM Date : [ 22-May-2024 ]
I/We refer to Application Reference No. 7273440 and the Loan Agreement executed by me / us in favor of SMFG India Credit. I/We have been provided the following
information and agree with the same and have accordingly filled up the aforesaid Agreement

Name of the Borrower VAIRAM AGENCIES

Name of the Co-Borrower VAIRAMUTHU I
GST No.(if applicable) 33AFAPV7505A1ZV

Loan Amount INR 10,31,680 ( In words : Ten Lakh Thirty One Thousand Six Hundred Eighty Only )

months, unless a Payment Holiday facility is granted in which case the term shall be automatically extended by proportionate
Loan Tenure (in Months) 30 number of additional months in accordance with the number of Payment Holidays granted and/or otherwise at the sole
discretion of SMFG India Credit
Interest Rate on Reducing Balance
20.00% per annum on reducing balance basis (fixed rate)
(% p.a.)
Corresponding Flat Rate of Interest
11.16% Processing Fees inclusive of GST INR 23,836
(%pa)*
No. of advance EMI INR 0 Total Fee INR 23,856
General Sum of all TPP
Life Insurance Other Third Party Products
Premium / Amount In Insurance (Amount to be
Third Party Product(s) (including INR ICICI Credit Health deducated from
ICICI Prudential HDFC Life vHealth (IHO) Doc-Online Loan Amount)
Insurance) Lombard Report (CHR)
inclusive of taxes Applicant INR 0 - - INR 0 INR 0 INR 0 INR 0
Coapplicant INR 11,780 - - INR 9,900 INR 0 INR 0 INR 21,680
Total INR 11,780 INR 0 INR 0 INR 9,900 INR 0 INR 0 INR 21,680

EMI Amount INR 43,981 Due Date of each Month** 04th

First Installment Date 04-Jul-24 Last Installment Date*** 04-Dec-26
Break up between Principal and
Interest (Interest is accumulated on Principal INR 10,31,680
your loan account from the day of
disbursement, hence values mentioned Examples of SMA/NPA classification As mentioned in below in this
in the corresponding table are dates Agreement
indicative, repayment schedule with Total Interest
INR 2,94,601
actual values will be shared Recoverable
subsequent to disbursement)

Place of arbitration and jurisdiction CHENNAI

Late Payment Charges
2% per month on the overdue amount calculated on day to day basis payable from the relevant due date till date of actual payment
(applicable for payment default)
All the charges indicated above or elsewhere in the Loan Agreement shall be exclusive of all taxes and statutory levies as may be
Taxes & Levies
applicable on same including without limitation tax on goods and services with cess.
The Borrower(s) shall pay to the Lender interest on the principal amount of the Facility outstanding from time to time and other amounts due under
or in respect of the Agreement at the applicable Interest Rate (as reset from time to time) from the date of each disbursement.

Pre-Instalment Interest will be computed from date of disbursement to the due date of the next month as mentioned in the MITC. It will fall due on
the due date falling on the next month, however, will be charged separately on the due date of the subsequent month following the next month
along-with First EMI (For the purpose of illustration the loan is disbursed on 15th of October, and the due date is 4th of every month, and the First
instalment date is 4th December. Pre-instalment interest in this case would be computed from 15th October till 3rd of November and will fall due on
Additional Terms and conditions
4th November. However, the Pre EMI will be collected on 4th of December, along with the first EMI.)

Following terms and conditions shall be applicable in addition to the terms mentioned in the General Terms and Conditions applicable to the
borrower(s) for availing Personal/Business loan registered with the relevant Sub-Registrar’s office situated in the state of Tamil Nadu, a copy of which
is available on SMFG India Credit website (https://smfgindiacredit.com/policies.aspx) (Hereinafter referred to as GTC)

Additional Terms shall prevail in case of inconsistency with the terms mentioned in the GTC.

Borrower’s Name: VAIRAM AGENCIES Signature……………………………….……………..

Name of Authorised Signatory VAIRAMUTHU I

(for Proprietorship, Partnership & Companies)

Co-Borrower’s Name: VAIRAMUTHU I Signature……………………………….……………..

Name of Authorised Signatory
(for Proprietorship, Partnership & Companies)

Signature……………………………….……………..
For SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)
Name of the Authorised Signatory

Example for SMA and NPA in accordance with RBI

Method of calculation of Special Mention Account (SMA) and Non-Performing Asset (NPA) account, in case of default by any customer, shall be as follows:
Few important definitions and concepts:
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SMFG India Credit/Loan
Method Agreement
of calculation for Mention
of Special PLBL/Version XXI/Apr
Account (SMA)24and Non-Performing Asset (NPA) account, in case of default by any customer, shall be as follows:
Few important definitions and concepts:
SMFG India Credit shall classify any account as SMA or NPA after running day-end process.
Day-end process: At the end of every calendar day, SMFG India Credit shall run a process to determine whether an account will be treated as overdue or not. In
case of NACH/ e-NACH mandates/ standing instructions, if by the time the day-end process is run, the dues from the customer are not received into the
designated bank account of SMFG India Credit, the amount would be considered as not received and therefore will be treated as overdue. In case of collection
by cash, the date of issuance of money receipt by SMFG India Credit shall be treated as the date when the amount has been duly received by SMFG India Credit.
In case of collection by cheques, the value date shall be considered as the date when the amount has been received by SMFG India Credit, unless the cheque is
subsequently returned as dishonoured by SMFG India Credit’s bank(s), in which case the instalment/ EMI amount shall be considered as overdue at the end of
day on the value date, i.e. the due date of such payment.
Special Mention Account (SMA): RBI guidelines require a lender like SMFG India Credit to immediately recognize incipient stress in borrower account by
classifying them as SMA. RBI prescribes three levels for SMA recognition, viz., SMA-0, SMA-1 and SMA-2. For definition of SMA and grading mechanism, you may
want to refer RBI circular no. DBR.No.BP.BC.45/21.04.048/2018-19 dated June 7, 2019 on ‘Prudential Framework for Resolution of Stressed Assets’.
Illustration:
In case the due date for an account is 4th calendar day of every month (say, 4th July 2021). The SMA and NPA classification in such cases shall be as follows:
If the EMI/ entire dues of a particular account are not received into the bank account of SMFG India Credit before the day-end process is run on the 4th calendar
day, i.e. the due date, the account shall be treated as overdue after day-end process. Accordingly, this account shall be classified as SMA-0.
If this account remains continuously overdue even after the completion of day-end process on 30th day from the initial due date, after its classification as SMA-0,
the account shall be classified as SMA-1, immediately after running of day-end process, if the full dues are not received before day-end process is run on the 30th
day.
If the account continues to remain overdue for 60 days, it shall be classified as SMA-2 upon running day-end process on the 60th day from the initial due date.
If the account remains continuously overdue for 90 days, it shall get classified as NPA upon running day-end process on the 90th day from the initial due date.
Once an account is classified as NPA, it may be upgraded as ‘standard’ only after the entire arrears/ overdue of interest and principal are paid fully.

The above illustration has been further explained in the table below:

Day-end process on DPD SCENARIO CLASSIFICATION

04.07.2021 1 If full dues are not received before the day-end process SMA 0
03.08.2021 30 If full dues are not received before the day-end process SMA 1
02.09.2021 60 If full dues are not received before the day-end process SMA 2
02.10.2021 90 If full dues are not received before the day-end process NPA
04.11.2021 - Full dues for earlier 4 EMIs are received before the day-end process STANDARD

CHARGES SHEET
Swap Charges- for substitution of Post-dated Cheque with ECS (per instance) An amount not exceeding Rs.500/- (Plus Goods and Service Tax)
Swap Charges for substitution of bank for ECS (per instance) An amount not exceeding Rs. 500/- (Plus Goods and Service Tax)
Loan Cancellation charges (Loan cancelled before first EMI) An amount not exceeding Rs.1000/- (Plus Goods and Service Tax)
Cheque / ECS/ NACH dishonour Charges (per dishonour of Cheque/ECS/ NACH per presentation) An amount not exceeding Rs. 300/-

(Note: The Cheque/ECS/NACH dishonour charges as referred to above are not compensatory and/or to be
construed as any form of consideration towards the act of dishonour and in no ways should the same be construed
as fees recovered under this facility. It is abundantly clarified that SMFG India Credit does not tolerate dishonour of
instruments and/or deposit of an invalid, fake or unworthy instrument issued towards meeting payment obligations
under this facility and any charges collected thereof are not intended to compound such acts of dishonour.
Notwithstanding any charges collected hereof SMFG India Credit reserves its right to invoke appropriate civil and
criminal laws.)

Foreclosure/Prepayment Charges
(a) No part prepayment of the Loan shall be allowed.
(Note: No foreclosure charges/ pre-payment penalties will be applicable on any floating (b) In case of prepayment of entire Loan with interest amounts outstanding following
rate term loan sanctioned for purposes other than business to individual borrowers). will be the prepayment charges:
l Upto 17 EMI(s) fully paid: 7% of the Principal Loan amount outstanding on the
date of prepayment; (Plus Goods and Service Tax)
l 18 to 23 EMI(s) fully paid 5% of the Principal Loan amount outstanding on the
date of prepayment; (Plus Goods and Service Tax)
l 24 to 35 EMI(s) fully paid 3% of the Principal Loan amount outstanding on the
date of prepayment; (Plus Goods and Service Tax)
(c) No prepayment charges shall be applicable in case of prepayment is after 36 or
more EMIs fully paid

Processing fee for refund An Amount not exceeding INR 250/- (Plus Goods and Service Tax)

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SMFG India Credit/Loan Agreement for PLBL/Version XXI/Apr 24

PLEASE DO NOT SIGN THE ABOVE DOCUMENT, IF BLANK.

• PLEASE DO NOT PAY CASH TO ANYONE FOR THE PROCESSING OF YOUR LOAN. IN CASE YOU ARE ASKED, PLEASE REFUSE AND CONTACT YOUR
NEAREST SMFG INDIA CREDIT BRANCH.
• FOR ALL PAYMENTS MADE TO ANY REPRESENTATIVE OF SMFG INDIA CREDIT TOWARDS ANY FEE / CHARGES, PLEASE ASK FOR VALID RECEIPT.
• IF ANY VERBAL COMMUNICATION MADE TO YOU IS IN CONTRADICTION TO THE ABOVE TERMS & CONDITIONS, PLEASE CONTACT US AT 1800 103
6001 (MON-SAT 9:00 A.M. TO 7:00 P.M. (except public holidays & fourth (4th) Saturday of the month) OR WRITE TO US AT
[email protected]

* I/We am/are aware that the flat rate of interest mentioned above is for illustrative purpose only, and that the interest will be charged on the loan on reducing
balance basis compounded with monthly interest.
Flat Rate is calculated as per follows:-
Rate of interest % = (EMI x Tenor in months) – Principal x 100
Principal x Tenor in years
** In case a Payment Holiday Facility is granted to the Borrower(s), the Due Date of each of the EMI shall be automatically extended by proportionate number
of additional months in accordance with the number of Payment Holidays granted and/or otherwise at the sole discretion of SMFG India Credit.
*** In case a Payment Holiday Facility is granted to the Borrower(s), the Last EMI due date shall be automatically extended by proportionate number of
additional months in accordance with the number of Payment Holidays granted and/or otherwise at the sole discretion of SMFG India Credit.

Terms & Conditions

I/We acknowledge that:
l The above are the most important terms of the aforesaid Loan, and all other terms and conditions of the Loan shall be as specified
acknowledgement form, Loan Agreement and the GTC.
l SMFG India Credit is entitled to add or modify any of the aforesaid terms and conditions which shall be intimated in advance and the same shall be
binding on me/ us.
l In case of any conflict between English version of the Loan Document and any vernacular version, English shall prevail.
l In the event of any change of address for communication, any change in my/our job, profession, the same shall be intimated by me/us to SMFG India
Credit immediately.
l I/We are aware that the Loan agreement, GTC and other incidental documents executed by me/us integrate all the conditions mentioned herein or
incidental thereto, and supersede all negotiations or prior writings, except for those provisions specified herein. In the event of any conflict between the
terms, conditions and provisions of the Loan agreement/GTC/documents executed incidental thereto with the terms mentioned herein, then in such an
event the terms, conditions and provisions of mentioned herein shall prevail.
l I hereby agree and acknowledge discharge/pay the outstanding Loan dues, to the full satisfaction of SMFG India Credit .

Applicable for Borrowers who do not understand English or are blind:

The Borrower(s) declares and confirms that all the terms and conditions of the Loan Agreement including Loan Summary Schedule, GTC, demand
promissory note, letters of guarantee, security documents, declarations and undertakings, and all other loan documents as applicable and the
declarations and confirmations have been read and explained to the Borrower(s) in the language understood by the Borrower.

Borrower’s Name: VAIRAM AGENCIES Signature……………………………….……………..

Name of Authorised Signatory VAIRAMUTHU I
(for Proprietorship, Partnership & Companies)

Co-Borrower’s Name: VAIRAMUTHU I Signature……………………………….……………..

Name of Authorised Signatory
(for Proprietorship, Partnership & Companies)

Signature……………………………….……………..
For SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)
Name of the Authorised Signatory

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SMFG India Credit/Loan Agreement for PLBL/Version XXI/Apr 24

Instruction for Disbursement of the Loan Amount

Date : [ 22-May-2024 ]
To,
For SMFG India Credit Co. Ltd. (Formerly Fullerton India Credit Co. Ltd.)
Sub:Authorization for disbursement
Sir,
Refer to the Application for grant of Loan facility for _______________. Kindly prepare the Loan disbursement Cheque/NEFT in the name and manner hereinafter appearing:
Mode for Payment Amount
Customer Name Account No Bank Name IFSC Code
[NEFT/CHEQUE/FICCLCLOSURE]

VAIRAM AGENCIES - 34753063835 - STATE BANK OF INDIA - SBIN0004059 CUSTOMER_NEFT 569864

SMICC CLOSURE - 067402411018880 BALANCE TRANSFER 416280

The net disbursal amount mentioned above is indicative. The final disbursed amount may change basis the previous dues on the day of booking which would
be informed post disbursement.
The disbursement of the Loan amount in favour of the above payee shall not affect my/ our obligation in relation to the Loan facility. The disbursement of the
Loan in favour of the above Payee shall be deemed to be disbursement of the Loan granted to and availed by me/us.
I / We hereby declare that:
l The particulars given above are true, correct and complete to the best of my/our knowledge. I / we shall be responsible for the accuracy of the
particulars given in the payment instruction.
l I / We shall be bound by any payment instruction executed by SMFG India Credit, if SMFG India Credit had executed the payment instruction in
good faith and in compliance of instructions for electronic fund transfer.
l The disbursement of the Loan in favour of the above said Beneficiary shall be deemed to be the Loan granted to and availed by me/us. The
disbursement of the Loan amount in favour of the above Beneficiary payee shall not affect my/ our obligation in relation to the Loan facility.
l SMFG India Credit shall not be liable for any loss or damage arising out of or resulting from incomplete information, delay in transmission, delivery
or non-delivery of electronic message or any mistake, omission or error in transmission or delivery thereof or any act or event beyond its control.
Notwithstanding above, in the event of any delay in the completion of the funds transfer or any loss on account of error in the execution of the funds
transfer pursuant to a payment instruction due to any negligence on the part of SMFG India Credit, SMFG India Credit's liability shall be limited to the
extent of payment of interest at the bank rate for the period of delay in the case of delayed payment.
l SMFG India Credit shall not be liable for non-credit or crediting remittance amount to wrong beneficiary on account of incorrect information
furnished by me/ us in this application form.
l Beneficiary bank may levy charges on inward remittance and deduct the same from the remitted amount.
I understand that all National Electronic Fund Transfer (NEFT) instructions are irrevocable and there is no facility for giving stop payment instruction in respect
of remittances through NEFT.
Thanking you.
Yours faithfully,

Borrower’s Name: VAIRAM AGENCIES Signature……………………………….……………..

Name of Authorised Signatory VAIRAMUTHU I
(for Proprietorship, Partnership & Companies)

Co-Borrower’s Name: VAIRAMUTHU I Signature……………………………….……………..

Name of Authorised Signatory
(for Proprietorship, Partnership & Companies)

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