Common use of Loan Funding Clause in Contracts

Loan Funding. 6.1.1 On posting a borrower listing, borrower might receive offer from several registered eligible listed lenders. 6.1.2 XXXXXX POCKET will also publish the maximum loan amount eligibility for each borrower depending on but not limited to his income and existing debt. 6.1.3 Borrower can at any time accept/ reject the loan offer during the loan period or additional loan period as the case may be, provided in case of acceptance, minimum amount as specified in section 6.2.1 is received as commitment from lender. 6.1.4 Borrower listing will be frozen on due date of listing period or additional listing period, if the borrower listing receives commitments equal to or exceeding the minimum amount required for the loan to fund unless the same is withdrawn prior to expiration of borrower listing period or additional listing period as the case may be. Failure on part of borrower to reject the offer will constitute his acceptance to the same. 6.1.5 XXXXXX POCKET selects the best offers available against borrower listing based on the lowest interest rate quoted by the eligible listed lenders based on XXXXXX POCKET’s built-in system intelligence. 6.1.6 On acceptance of loan offer, XXXXXX POCKET will liaison between lender and borrower to sign documents required to enable the transaction. After completing the legal formalities / documentation between borrower and lender, loan proceeds are disbursed within a period 3-5 working days into borrower’s designated deposit account. 6.1.7 If the borrower fails to abide by his commitment towards acceptance of loan, his name will be delisted and he will not be allowed to carry out any transaction on XXXXXX POCKET in future.

Loan Funding. 6.1.1 On posting a borrower listing, borrower might receive offer from several registered eligible listed lenders. 6.1.2 XXXXXX POCKET BBN XXXXX LIMITED will also publish the maximum loan amount eligibility for each borrower depending on but not limited to his income and existing debt. 6.1.3 Borrower can at any time accept/ reject the loan offer during the loan period or additional loan period as the case may be, provided in case of acceptance, minimum amount as specified in section 6.2.1 is received as commitment from lender. 6.1.4 Borrower listing will be frozen on due date of listing period or additional listing period, if the borrower listing receives commitments equal to or exceeding the minimum amount required for the loan to fund unless the same is withdrawn prior to expiration of borrower listing period or additional listing period as the asthe case may be. Failure on part of borrower to reject the offer will constitute his acceptance to the same. 6.1.5 XXXXXX POCKET BBN XXXXX LIMITED selects the best offers available against borrower listing based on the lowest interest rate quoted by the eligible listed lenders based on XXXXXX POCKETBBN XXXXX LIMITED’s built-in system intelligence. 6.1.6 On acceptance of loan offer, XXXXXX POCKET BBN XXXXX LIMITED will liaison between lender and borrower to sign documents required to enable the transaction. After completing the legal formalities / documentation between borrower and lender, loan proceeds are disbursed within a period 3-5 working days into borrower’s designated deposit account. 6.1.7 If the borrower fails to abide by his commitment towards acceptance of loan, his name will be delisted and he will not be allowed to carry out any transaction on XXXXXX POCKET BBN XXXXX LIMITED in future.

Loan Funding. 6.1.1 On posting a borrower listing, borrower might receive offer from several registered eligible listed lenders. 6.1.2 XXXXXX POCKET AATMANIRBHARLOAN will also publish the maximum loan amount eligibility for each borrower depending on but not limited to his income and existing debt. 6.1.3 Borrower can at any time accept/ reject the loan offer during the loan period or additional loan period as the case may be, provided in case of acceptance, minimum amount as specified in section 6.2.1 is received as commitment from lender. 6.1.4 Borrower listing will be frozen on due date of listing period or additional listing period, if the borrower listing receives commitments equal to or exceeding the minimum amount required for the loan to fund unless the same is withdrawn prior to expiration of borrower listing period or additional listing period as the asthe case may be. Failure on part of borrower to reject the offer will constitute his acceptance to the same. 6.1.5 XXXXXX POCKET AATMANIRBHARLOAN selects the best offers available against borrower listing based on the lowest interest rate quoted by the eligible listed lenders based on XXXXXX POCKETAATMANIRBHARLOAN’s built-in system intelligence. 6.1.6 On acceptance of loan offer, XXXXXX POCKET AATMANIRBHARLOAN will liaison between lender and borrower to sign documents required to enable the transaction. After completing the legal formalities / documentation between borrower and lender, loan proceeds are disbursed within a period 3-5 working days into borrower’s designated deposit account. 6.1.7 If the borrower fails to abide by his commitment towards acceptance of loan, his name will be delisted and he will not be allowed to carry out any transaction on XXXXXX POCKET AATMANIRBHARLOAN in future.

Loan Funding. 6.1.1 On posting a borrower listing, borrower might receive offer from several registered eligible listed lenders. 6.1.2 XXXXXX POCKET will also publish the maximum loan amount eligibility for each borrower depending on but not limited to his income and existing debt. 6.1.3 Borrower can at any time accept/ reject the loan offer during the loan period or additional loan period as the case may be, provided in case of acceptance, minimum amount as specified in section 6.2.1 is received as commitment from lender. 6.1.4 Borrower listing will be frozen on due date of listing period or additional listing period, if the borrower listing receives commitments equal to or exceeding the minimum amount required for the loan to fund unless the same is withdrawn prior to expiration of borrower listing period or additional listing period as the asthe case may be. Failure on part of borrower to reject the offer will constitute his acceptance to the same. 6.1.5 XXXXXX POCKET selects the best offers available against borrower listing based on the lowest interest rate quoted by the eligible listed lenders based on XXXXXX POCKET’s built-in system intelligence. 6.1.6 On acceptance of loan offer, XXXXXX POCKET will liaison between lender and borrower to sign documents required to enable the transaction. After completing the legal formalities / documentation between borrower and lender, loan proceeds are disbursed within a period 3-5 working days into borrower’s designated deposit account. 6.1.7 If the borrower fails to abide by his commitment towards acceptance of loan, his name will be delisted and he will not be allowed to carry out any transaction on XXXXXX POCKET in future.

Loan Funding. 6.1.1 On posting a borrower listing, borrower might receive offer from several registered eligible listed lenders. 6.1.2 XXXXXX POCKET Sudha Pocket will also publish the maximum loan amount eligibility for each borrower depending on but not limited to his income and existing debt. 6.1.3 Borrower can at any time accept/ reject the loan offer during the loan period or additional loan period as the case may be, provided in case of acceptance, minimum amount as specified in section 6.2.1 is received as commitment from lender. 6.1.4 Borrower listing will be frozen on due date of listing period or additional listing period, if the borrower listing receives commitments equal to or exceeding the minimum amount required for the loan to fund unless the same is withdrawn prior to expiration of borrower listing period or additional listing period as the case may be. Failure on part of borrower to reject the offer will constitute his acceptance to the same. 6.1.5 XXXXXX POCKET Sudha Pocket selects the best offers available against borrower listing based on the lowest interest rate quoted by the eligible listed lenders based on XXXXXX POCKETSudha Pocket’s built-in system intelligence. 6.1.6 On acceptance of loan offer, XXXXXX POCKET Sudha Pocket will liaison between lender and borrower to sign documents required to enable the transaction. After completing the legal formalities / documentation between borrower and lender, loan proceeds are disbursed within a period 3-5 working days into borrower’s designated deposit account. 6.1.7 If the borrower fails to abide by his commitment towards acceptance of loan, his name will be delisted and he will not be allowed to carry out any transaction on XXXXXX POCKET Sudha Pocket in future.