Common use of EMI Amount Clause in Contracts

EMI Amount. Rs. 10323 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 /- 7. Number of Balance EMIs Due From Customer 11 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 8334 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 8334 /- 7. Number of Balance EMIs Due From Customer 11 5 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 0.0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 8334.0 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 11402 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 11402 /- 7. Number of Balance EMIs Due From Customer 11 9 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 2130 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 11402 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 14927 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 14927 /- 7. Number of Balance EMIs Due From Customer 11 8 8. First EMI due date 4th 05/04/2021 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 14927 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 18703 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 18703 /- 7. Number of Balance EMIs Due From Customer 11 8 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 2898.0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 18703.0 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 4551 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 4551 /- 7. Number of Balance EMIs Due From Customer 11 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 1728.0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 4551.0 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 14150 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 14150 /- 7. Number of Balance EMIs Due From Customer 11 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 0.0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 14150.0 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 6442 /- 5. No. Of Advance EMIs 1 0 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 0 /- 7. Number of Balance EMIs Due From Customer 11 12 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 0.0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 0.0 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 8867 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 8867 /- 7. Number of Balance EMIs Due From Customer 11 8 8. First EMI due date 4th 05/04/2021 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 8867 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 3474 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 3474 /- 7. Number of Balance EMIs Due From Customer 11 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 828 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 3474 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.

EMI Amount. Rs. 10323 23285 /- 5. No. Of Advance EMIs 1 6. Total Advance EMI Amount Payable Upfront By the Borrower Prior to Disbursal Rs. 10323 23285 /- 7. Number of Balance EMIs Due From Customer 11 9 8. First EMI due date 4th 9. Fees and Charges payable: 1. Processing fees (Including GST if applicable)/ Upfront interest Rs. 3552 4350.0 /- 10. Total Upfront Payment Payable by Borrower Prior to Disbursal = Rs. 10323 23285 /- 11. Mode of Repayment NACH Mandate in Favor of the Lender 12. Repayment NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW ACCOUNT” 13. Repayment Instruments: (A) 2 Number of Signed Post Dated Cheques in favor of ““GRAYQUEST FINTREE ESCROW Account”” being taken from the Borrower 1 security PDC required for the balance loan amount in favor of “GRAYQUEST FINTREE ESCROW Account ” If requested by the customer, we will return back a scanned copy of cancellation of this PDC once the loan amount is successfully repaid. 1 security PDC required for the EMI amount in favor of GRAYQUEST FINTREE ESCROW Account ” (B) NACH Mandate in Favor of the “GRAYQUEST FINTREE ESCROW Account” 14. Account to Which Loan Will Be Disbursed on Behalf of Borrower Account Holder Bank Name: Educational Institute Bank 15. KYC Documents Required As Per KYC Policy Self-Attested copies of ID Proof (PAN Card) & Address Proof (Aadhar Card/Driving License/Voter ID/Passport) of the Borrower 16. Foreclosure Charges Prepayment Charges Nil Nil 17. Bounce charges of the Repayment Instrument(s): In case of default by reason of any Repayment Instrument(s) such as NACH/PDC being dishonored, the Lender shall charge Rs. 750 1200 + applicable GST per every instance of default/dishonor of NACH/PDC during the tenure of the loan 18. Default Interest/Penal Interest In case of delay in payment of Monthly Installment, the Lender shall charge default interest @ 3% per month compounded monthly on amount due (GST as applicable will be charged extra) on the total EMI amount that is outstanding AND due.