CIN: U51909WB2009PTC133054

To, Date: 2023-12-30 15:37:17

Name: Manoj kumar behera
Address: D37,MAHAVIR ENCLAVE,PALAM VILLAGE,SOUTH WEST
DELHI,ODISHA

Sub: Sanction Letter for Loan ID 6079485

Dear Sir/ Madam,

With reference to your request for the Loan, we are pleased to sanction the same on terms including, but not limited
to the terms and conditions as mentioned below. For the purpose of this sanction letter, you will be declared as
'Borrower'.

S.No. PARTICULARS DETAILS

1 Principal Amount INR 8000 (eight thousand only)

2 Purpose Personal Emergency

3 Security NA

4 Annualized fixed interest rate 35.95% Per Annum

(monthly reducing balance)

5 Tenure 62 days (2 EMIs)

6 Repayment Schedule INR 4181 Due on 2024-01-29

INR 4181 Due on 2024-02-29

7 Late Payment / Follow up Charges 3% of overdue principal + applicable GST

(for each EMI) Interest : 35.95% PA on outstanding principal
Penal interest : 36% PA on overdue principal (in addition
to regular interest)
Please refer below links for detailed terms and
conditions,
https://www.loanfront.in/faq.html -- for generic questions
https://www.loanfront.in/Grievance redressal policy.html
https://www.loanfront.in/loan agreement policy.html
-- for important Terms and conditions of the loan
sanctioned.

8 Communication Contact - us : 080 4812 6351

Email - us : support@loanfront.in
 KEY FACT STATEMENT (Loan Summary)

S.No. PARTICULARS DETAILS

1. Date 30-12-2023
2. Platform (DLA) www.loanfront.in / LoanFront App
3. Applicant name Manoj kumar behera
4. Lender's name (RE) Vaibhav Vyapaar Private Limited
5. Loan amount INR 8000
6. Total interest amount INR 362
7. Other up-front charges without GST(a+b+c+d+e+f) INR 800
a. Processing fee + Technology fee INR 575
b. Loan agreement fee INR 25
c. Credit revaluation charges NA
d. Insurance charges INR 0
e. Service charges INR 0
f. Life time registration fee INR 200
g. GST for the above fee INR 144 (18% of fee collected)
8. Net disbursed amount INR 7056
9. Total amount to be paid by the borrower INR 8362
10. Annualized fixed interest rate 35.95% Per Annum
Annual Percentage Rate (APR) - Effective annualized 126.98%
interest rate
11.
(computed on net disbursed amount using IRR
approach and reducing balance method)
12. Loan term (in months) 2
13. Repayment frequency by the borrower Monthly
14. Number of installments of repayment 2
Amount of each installment of repayment EMI-1: INR 4181
15.
EMI-2: INR 4181
16. Cooling-Off period* 3 days
17. Purpose of the loan Personal Emergency
Details About Contingent
18. Document retrieval NA
19. Cheque bounce NA
20. Cheque swap NA
Late payment fees in case of delayed payment 3% of overdue principal + applicable GST
21.
(one-time overdue charge for each EMI)
Rate of annualized penal charges in case of delayed 36%
22. payments
(in addition to regular interest rate)
23. e-NACH / UPI mandate registration charges As per your respective bank
24. e-NACH / UPI mandate payment bounce charges INR 100+GST per attempt
For UPI and Bank transfer modes: INR 0
25. Convenience charge for repayment For Biller payment mode: INR 0
For other modes: As per payment gateway charges
26. Full and part-prepayment charges NA
27. Prepayment charges NA
 (i) Prepayment of any instalment/ part prepayment
(ii) Prepayment in full
Foreclosure charges Upto 90 days - 2% of outstanding principal amount
28. (calculated on the basis of number of days after 91 days and above - NIL
loan disbursal)
Other Disclosures
• Vaibhav Vyapaar Private Limited
Details of LSPs acting as collection agents and • Capfront Technologies Private Limited
29.
authorized to approach the borrower • Infro Technologies & Service Private Limited
• Felidae Infosec Private Limited
Grievance redressal officer
Name Satya Mallidi
Designation Grievance redressal officer
30.
Phone Number 6366828598
Address No. 1, Ground Floor, Old Airport Road, Domlur Layout, Near
Domlur Post Office, Bengaluru, Karnataka 560071

*Cooling Off/ Look-up Period is the time window for exiting digital loans, in case a borrower decides not to continue with
the loan. During the Cooling Off/ Look-up Period borrowers can exit digital loans by paying the principal and the
proportionate Annual Percentage Rate. Borrower can submit the request to exit the loan within the specified Cooling
Off/ Look-up Period at support@loanfront.in.

Asset Classification in the Event of the Default

According to the Master Circular titled 'Prudential norms on Income Recognition, Asset Classification and Provisioning
pertaining to Advances' with DOR.No.STR.REC.55/21.04.048/2021-22 dated October 1, 2021.
Vaibhav Vyapaar Private Limited has to recognize the stressed borrower accounts and classify it into special mention
accounts or NPA accounts. Mechanism to determine the asset classification for any account as Special Mention Account
(SMA) and Non-Performing Asset, in case of default by any customer, shall be as follows:
a. If the EMI is not paid on or before the due date and the loan is overdue, then the account shall be classified as the
SMA-0.
b. If the EMI remains unpaid and it is overdue for more than 30 days then, the account shall be classified as SMA-1.
c. If the EMI remains unpaid and it is overdue for more than 60 days then, the account shall be classified as SMA-2.
d. If the EMI remains unpaid and it is overdue for more than 90 days then, the account shall become NPA.
Once an account is classified as NPA, it may be upgraded as "standard" only after the entire arrears/ all the overdue
interest and principal and penalties are paid in full.
Vaibhav Vyapaar Private Limited reserves right to report the said asset/account classification to the credit information
companies.

General Covenants

a. The Lender shall have the right to list the defaulted Borrower's names and particulars on the websites of credit
 bureaus.
b. The Borrower shall be deemed to have given their explicit consent to the Lender to disclose the information and data
furnished by them to the Lender and also those regarding the Borrowing Facility/ies including but not limited to
Banks, Credit Bureau etc. The Borrower shall further execute such additional documents as may be necessary for this
purpose.

Note : This loan is not eligible for any type of Moratorium, Deferment or Restructuring.

Acknowledged

Agreed and Signed by

Manoj kumar behera

192.168.1.33
8280782433
2023-12-30 15:37:17 Vaibhav Vyapaar Private Limited
(Borrower) RBI Registration No-05.06869
(Lender)

Member Of FaceOfIndia.org and Digital Lenders Association of India

DLAI Code of conduct Face Of India - Code of Conduct Privacy Policy. Terms and Conditions.

Registered Office : 18, Rabindra Sarani, Poddar Court, 3rd Floor, Gate No.2, office Room No. 325, Kolkata - 700001 , West Bengal.
Communication Address : No. 1, Ground Floor, Old Airport Road, Domlur Layout, Near Domlur Post Office, Bangalore - 560071,
Karnataka.
Websites : https://vaibhav-vyapaar.com | https://www.loanfront.in
Email : support@vaibhav-vyapaar.com / support@loanfront.in | Call : 080 4812 6351