Common use of For NPA Accounts Clause in Contracts

For NPA Accounts. The appropriation of recovery in NPA accounts (not eligible for upgrade) shall be appropriated in the following order: a) First towards principal; b) Interest, liquidated damages on defaulted amounts and EMI Overdue Charges under this agreement; c) Cheque bounce charges, prepayment charge and other costs, charges, expenses, premium, incidental charges and other monies t and cost incurred by the Bank in connection with this agreement and recovery of the borrower’s Dues. Date EMI Amount EMI Breakup 01-Jun-22 100 20 80 01-Jul-22 100 22 78 01-Aug-22 100 24 76 Example:

For NPA Accounts. The appropriation of recovery in NPA accounts (not eligible for upgrade) shall be appropriated in the following order: a) First towards principal; b) Interest, liquidated damages on defaulted amounts and EMI Overdue Overlimit Utilization Charges under this agreement; c) Cheque bounce charges, prepayment charge and other costs, charges, expenses, premium, incidental charges and other monies t and cost incurred by the Bank in connection with this agreement and recovery of the borrower’s Dues. Example: Date EMI Amount EMI Breakup 01-Jun-22 100 20 80 01-Jul-22 100 22 78 01-Aug-22 100 24 76 Example:Breakup

For NPA Accounts. The appropriation of recovery in NPA accounts (not eligible for upgrade) shall be appropriated in the following order: a) First towards principal; b) Interest, liquidated damages on defaulted amounts and EMI Overdue Charges additional interest under this agreement; c) Cheque bounce charges, prepayment charge and other costs, charges, expenses, premium, incidental charges and other monies t and cost incurred by the Bank in connection with this agreement and recovery of the borrower’s Dues. Date EMI Amount EMI Breakup 01-Jun-22 100 20 80 01-Jul-22 100 22 78 01-Aug-22 100 24 76 Example:

For NPA Accounts. The appropriation of recovery in NPA accounts (not eligible for upgrade) shall be appropriated in the following order: a) First towards principal; b) Interest, liquidated damages on defaulted amounts and EMI Overdue Charges additional interest under this agreement; c) Cheque bounce charges, prepayment charge and other costs, charges, expenses, premium, incidental charges and other monies t and cost incurred by the Bank in connection with this agreement and recovery of the borrower’s Dues. Example: Date EMI Amount EMI Breakup 01-Jun-22 100 20 80 01-Jul-22 100 22 78 01-Aug-22 100 24 76 Example:Principal Interest