Scribd
Upload
65 views2 pages

Applicable MCLR Three-Month MCLR

The document summarizes key details of a loan against home for M/s Hritik Chemicals Pvt. Ltd, Mr. Mehul Parekh, and Mrs. Nandini Parekh including a loan amount of Rs. 22,500,000 with a term of 180 months at a floating interest rate of 11%, currently referencing the 3-Month MCLR of 9.35% plus a spread of 1.65%. The security for the loan is listed as Flat No 101, Vipnak Krishank, Plot No A/12, Gulmohar Cross Road No 7, Andheri (West) Mumbai 400049.

Uploaded by

Zaib
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
65 views2 pages

Applicable MCLR Three-Month MCLR

The document summarizes key details of a loan against home for M/s Hritik Chemicals Pvt. Ltd, Mr. Mehul Parekh, and Mrs. Nandini Parekh including a loan amount of Rs. 22,500,000 with a term of 180 months at a floating interest rate of 11%, currently referencing the 3-Month MCLR of 9.35% plus a spread of 1.65%. The security for the loan is listed as Flat No 101, Vipnak Krishank, Plot No A/12, Gulmohar Cross Road No 7, Andheri (West) Mumbai 400049.

Uploaded by

Zaib
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
You are on page 1/ 2

Annex

Key Fact Statement


DB LOAN AGAINST HOME
Name of applicant(s): M/S HRITIK CHEMICALS PVT.LTD / MR. MEHUL PAREKH /
MRS. NANDINI PAREKH

1 Loan amount Rs. 22,500,000


2 Loan term 180 months
Interest type
3 Floating
(fixed or floating)
Applicable MCLR =
(a) Interest chargeable (In case of (a) 11.00% (MCLR 9.35% + Spread 1.65%) Three-Month MCLR
Floating Rate Loans)
4
(b) Interest chargeable (In case of
Fixed Rate Loans)

The review of floating rate loans happens every quarter during the
tenure of the loan.
5 Date of reset of interest
Date of review will be on 16th January, 16th April, 16th July and
16th October.

Mode of communication of changes


6 Through letter / email / website
in interest rates
7 Fee payable (excl of applicable taxes)

a On application Rs. 225,000

NIL.
b During the term of the loan For customer request based incidental charges refer
www.deutschebank.co.in for detailed schedule of charges.

No part payment or prepayment charges for loans advanced to


individual borrower on floating rate of interest.
Fixed rate loan:
• Part payment charges are 4% on the amount prepaid
c On partpayment / pre-closure • Pre-closure charges are 4% of the loan outstanding at the time
of loan closure.

For non-individual borrowers, please refer


www.deutschebank.co.in for detailed schedule of charges.

In the event of the loan getting declined, an amount of Rs 2000


(or the fee paid by you, whichever is lower) would be deducted
Fee refundable if loan not towards loan administrative fee and the balance amount would be
d
sanctioned/disbursed refunded once the bank receives written communication from the
customer. No refund of administrative fees would be done if the
loan is sanctioned.
Conversion charges for switching Repricing fee of up to 1.50% of principal outstanding is
e from floating to fixed interest and chargeable for switching from floating to fixed interest and vice-
vice-versa versa
Default interest rate of 24% p.a. is chargeable on delay in EMI
f Penalty for delayed payments
payments.
8 EMI payable Rs. 255,734

FLAT NO 101, VIPNAK KRISHANK, PLOT NO A/12, GULMOHAR


9 Details of security/collateral obtained
CROSS ROAD NO 7, ANDHERI (WEST) MUMBAI 400049

Date on which annual outstanding


10 Annual Statements are sent on or before 15th May every year.
balance statement will be issued

Signature of Applicants: ______________________ Signature of DSE: _____________

Date: October 08, 2019 DSE Name : ____________________

Version: 2.2 (09/2017)


M/s Hritik Chemicals Pvt.Ltd / Mr. Mehul Parekh
Name of applicants (seperated by Commas)
/ Mrs. Nandini Parekh
Product DB LOAN AGAINST HOME
Loan amount 22,500,000
Loan term (in months) 180
Interest type (Fixed / Floating) Floating
Period, if Fixed
Rate of Interest 11.00%
Current Three-Month MCLR 9.35%
Margin post reset (for fixed rate)
Total Admin Fee (without taxes) 225,000
Property identified Yes

Flat No 101, Vipnak Krishank, Plot No A/12,


Property Address Gulmohar Cross Road No 7, Andheri (West)
Mumbai 400049

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy