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    Sanction Letter Cust

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    Sanjay Solanki
    1. Jalabhai Talaji Thakor has been approved for a loan of Rs. 9,50,000 from ICICI Bank to purchase a Maruti Suzuki Vitara Brezza from Kataria Automobiles Pvt Ltd. 2. The loan is to be repaid over 60 months through monthly EMIs of Rs. 19,462. 3. The sanction letter lists the required documents including a loan agreement, repayment instructions through post-dated cheques or ECS mandate, and an invoice and insurance cover note showing hypothecation in favor of ICICI Bank.

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

    Sanction Letter Cust

    Uploaded by

    Sanjay Solanki
    1K views1 page
    1. Jalabhai Talaji Thakor has been approved for a loan of Rs. 9,50,000 from ICICI Bank to purchase a Maruti Suzuki Vitara Brezza from Kataria Automobiles Pvt Ltd. 2. The loan is to be repaid over 60 months through monthly EMIs of Rs. 19,462. 3. The sanction letter lists the required documents including a loan agreement, repayment instructions through post-dated cheques or ECS mandate, and an invoice and insurance cover note showing hypothecation in favor of ICICI Bank.

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    Sanction Letter Cust (24)

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    1. Jalabhai Talaji Thakor has been approved for a loan of Rs. 9,50,000 from ICICI Bank to purchase a Maruti Suzuki Vitara Brezza from Kataria Automobiles Pvt Ltd. 2. The loan is to be repaid over 60 months through monthly EMIs of Rs. 19,462. 3. The sanction letter lists the required documents including a loan agreement, repayment instructions through post-dated cheques or ECS mandate, and an invoice and insurance cover note showing hypothecation in favor of ICICI Bank.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    1K views1 page

    Sanction Letter Cust

    Uploaded by

    Sanjay Solanki
    1. Jalabhai Talaji Thakor has been approved for a loan of Rs. 9,50,000 from ICICI Bank to purchase a Maruti Suzuki Vitara Brezza from Kataria Automobiles Pvt Ltd. 2. The loan is to be repaid over 60 months through monthly EMIs of Rs. 19,462. 3. The sanction letter lists the required documents including a loan agreement, repayment instructions through post-dated cheques or ECS mandate, and an invoice and insurance cover note showing hypothecation in favor of ICICI Bank.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Sanction letter

    To, Date:17/09/2022

    Name of the Customer:JALABHAI TALAJI THAKOR

    Residence Address:PARAVAS VARMORVARMOR TA MANDAL DIST AHMEDABAD CITY MANDAL,MANDAL,


    382130,GUJARAT,INDIA

    Office Address:PARAVAS VARMOR VARMORTA MANDAL DIST AHMEDABAD CITY MANDAL,MANDAL,


    382130,GUJARAT,INDIA

    AHMEDABAD

    Dear Sir/Ma’am,

    We are pleased to inform you that your loan application with Ref.No 03807208 has been approved as per the details
    given below.

    Loan ADV MOTOR Process Name of the supplier


    Model Tenor EMI
    Amount EMI SECURE fee /Dealer
    Vitara Brezza,MARUTI SUZUKI KATARIA
    950000 60 19462.0 0 10030
    INDIA LTD AUTOMOBILES PVT LTD

    Documents

    1. Stamped Loan Agreement

    2. Repayment instructions (Post dated cheques or debit/ECS mandate or standing instruction for debit from ICICI
    Bank account)

    3. Invoice and insurance cover note with hypothecation in favour of ICICI Bank Ltd.duly recorded thereon margin
    Money receipt.

    You are also request to note as follows:


    1. This sanction letter is valid for a maximum of 15 days from the date of issue and subject to terms/condition stated
    above. Any change in terms/condition would require a fresh sanction letter.
    2. This must not treated as ‘deliver order’ in respect of the vehicle.
    3. It is assumed that you have inspected the vehicle and satisfied yourself of the quality thereof. ICICI Bank would
    not be liable for any defect or delay in delivery or any service issue concerning the dealer /Regional Transport Office
    /Insurance Company or any other intermediary involved in the deal.
    4. Processing fee and other charges will be applicable as per schedule of charges.
    5. All cheques must be issued in favour of ICICI Bank Ltd. Loan A/c of <Customer name>.ICICI Bank will not be
    responsible for any misuse of cheques that are not issued in the manner indicated above.
    6. Bank shall not be liable for any failure to perform its obligations where such a failure is due to circumstances
    beyond control of the bank.
    7. ICICI Bank shall be entitled to revoke the Application before the execution of CFAF along with other ancillary
    documents in connection with the Facility, interalia, in any of the following circumstances:
    a) There is any material change in the purpose(s) for which the Facilities has been applied for.
    b) In the sole judgment of ICICI Bank, any material fact has been inconsistent or concealed or become
    subsequently known.
    c) Any statement made by or on your behalf in your application or otherwise, is incorrect, incomplete or misleading,

    For ICICI Bank Ltd.

    Authorized Signatory

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