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    Pre Closestatement PDF

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    ashokgiri6
    This letter provides details on prepaying a personal loan from ICICI Bank for Mr. Ashok Kumar Giri including the total amount due of Rs. 464,679.59. It lists the outstanding principal, interest amounts, prepayment charges, and notes that additional interest will be charged per day beyond October 30, 2019 for prepayment. The letter also provides instructions that the next installment should be stopped if prepaid and clarifies ICICI Bank's policies on prepayment charges and destroying unused post-dated checks.

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    © All Rights Reserved
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    Pre Closestatement PDF

    Uploaded by

    ashokgiri6
    273 views2 pages
    This letter provides details on prepaying a personal loan from ICICI Bank for Mr. Ashok Kumar Giri including the total amount due of Rs. 464,679.59. It lists the outstanding principal, interest amounts, prepayment charges, and notes that additional interest will be charged per day beyond October 30, 2019 for prepayment. The letter also provides instructions that the next installment should be stopped if prepaid and clarifies ICICI Bank's policies on prepayment charges and destroying unused post-dated checks.

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    Pre-closeStatement.pdf

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    This letter provides details on prepaying a personal loan from ICICI Bank for Mr. Ashok Kumar Giri including the total amount due of Rs. 464,679.59. It lists the outstanding principal, interest amounts, prepayment charges, and notes that additional interest will be charged per day beyond October 30, 2019 for prepayment. The letter also provides instructions that the next installment should be stopped if prepaid and clarifies ICICI Bank's policies on prepayment charges and destroying unused post-dated checks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    273 views2 pages

    Pre Closestatement PDF

    Uploaded by

    ashokgiri6
    This letter provides details on prepaying a personal loan from ICICI Bank for Mr. Ashok Kumar Giri including the total amount due of Rs. 464,679.59. It lists the outstanding principal, interest amounts, prepayment charges, and notes that additional interest will be charged per day beyond October 30, 2019 for prepayment. The letter also provides instructions that the next installment should be stopped if prepaid and clarifies ICICI Bank's policies on prepayment charges and destroying unused post-dated checks.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 2

    October 30, 2019

    Mr. Ashok Kumar Giri


    No 105/2a Cmr Residency 3rd Cross
    Munlyappa Reddyline Annasandra
    Friend Cyber Cafe
    Palya Bangalore
    560017
    Bangalore-560017

    Prepayment of your Personal Loan Account :XXXXXXXXXXXX0583

    Dear Mr. Ashok Kumar Giri,

    We value your relationship with ICICI Bank.

    As per your request for prepayment of your captioned ICICI Bank Loan account, please find below the amount
    payable:
    Principal outstanding (Rs.) : 435,471.00
    Late payment penalty (Rs.) : 0.00
    Cheque bouncing charges and other charges (Rs.) : 0.00
    Interest for the month (Rs.) : 3,535.10
    Prepayment charges @ 5.9% on outstanding principal (Rs.) : 25,692.79
    Interest on pending installment (Rs.) : 0.00
    Cashback Amount (Rs.) :
    Refunds (Rs.) : -19.30

    Total amount payable (Rs.) : 464,679.59

    PDC linked loan number : NA


    Linked agreement number : NA

    Kindly note that:

    1. Above calculation assumes that your last installment has been cleared.
    2. We have taken the date of prepayment as October 30, 2019. For each day beyond this date an additional
    interest will be charged at the rate of Rs. 141.4 per day.
    3. If you prepay the loan after November 5, 2019, the installment for the following month will become payable.
    4. On prepayment of the loan, the bank shall try to prevent payment of the subsequent month's installment.
    As a precaution, we advise you to make a 'stop payment request' for your next month's installment. In case
    the next month's installment is debited from your account, the amount will be refunded, subject to clearance.
    5. The above mentioned amount is valid subject to clearance of all the cheques / installments till date.
    6. Prepayment charge is applicable on the outstanding amount of the facility or total interest (unexpired period
    interest and outstanding interest) whichever is lower **.
    7. In the event, the Applicant/s wishes to procure the Post Dated Cheques (PDCs) and / or Security Post
    Dated Cheques (SPDCs) that remain unbanked at the end of the loan tenure / change of repayment mode or
    details of such unbanked PDCs and / or SPDCs, the Applicant/s must make a request for the same, within
    thirty days of closure of loan / change of repayment mode, failing which ICICI Bank Ltd shall have the
    discretion / responsibility to destroy the unbanked PDCs including SPDCs without any further notice and ICICI
    Bank Ltd shall not have the obligation to return the same to the Applicant/s. Please note that the processing of
    such requests would entail charges as may be decided by ICICI Bank Ltd from time to time.

    8. As per the bank policy, if customer has done a part payment within one year of pre-payment then
    prepayment charges will be applicable on amount prepaid and amount tendered towards prepayment of loan
    during the last one year.

    9. If you decide to prepay, please make payments of the above 'Total amount payable' through a cheque or
    draft favouring ICICI Bank Ltd.
    Calculation of Interest / additional interest and other charges are done on monthly basis, number of days in a
    month being 30. Broken Period Pre-EMI interest is apportioned on actual number of days for which interest is
    due as against 360 days in a year.

    Now stay connected by updating your mobile number and e-mail ID with us. To update your latest contact
    details, please call our Customer Care.

    For any clarification or more information, you may write to us at customer.care@icicibank.com from your
    registered e-mail ID or call our Customer Care between 8:00 a.m. and 8:00 p.m. Alternatively, you may visit
    your nearest ICICI Bank Asset Servicing Branch.

    Sincerely,

    ICICI Bank Limited

    This is a system generated letter.Hence, it does not require any signature.

    ** GST as applicable.

    Please quote your Personal Loan Loan number whenever you contact us.

    Retail Customer Care : 1860 120 7777

    Regd Off: ICICI Bank Tower, Near Chakli Circle, Old Padra Road, Vadodara, Gujarat - 390 007. India. CIN:
    L65190GJ1994PLC021012. PAN No: AAACI1195H

    Corp Off: ICICI Bank Towers, Bandra Kurla Complex, Mumbai - 400051. India. Website: www.icicibank.com
    You can access your loan details through ICICI Bank iMobile app. To download, SMS iMobile to 5676766.
    ROG_SR164610402_PF_DB_SS_21022020

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