SANCTION LETTER

Date: 31//05//2024 Co-Applicant: Mr Arun Maji

Applicant: Mr Jeet Maji
Address: 166,Anandapally,jadavpur Guarantor:
Kolkata 700032

Sub: Your application for HOME LOAN with GRIHUM HOUSING FINANCE LIMITED (formerly known as Poonawalla
Housing Finance Limited)

Ref: Loan Account Number: APHL000000255678

Dear Sir / Madam,
Thank you for choosing GRIHUM HOUSING FINANCE LIMITED (formerly known as Poonawalla Housing Finance Limited)
(“Grihum” or the “Lender”,which term shall mean and include its transferees, assigns and partner Co-lender(s,) as the case
may be) as preferred partner for loan. We are pleased to inform you that, with reference to the above application, we have
sanctioned you a loan facility as per the terms and conditions mentioned below and overleaf:

Sanctioned amount (In Rs.) INR 15,00,000 (INR Fifteen lakh only)

Type of loan HOME LOAN

Loan tenure (months) 180 Months
Interest type FLOATING
Frequency of EMI payment Monthly
Grihum's Floating Reference Rate (FRR) 21.05 % p.a.
Margin /Spread -8.55%
Rate of interest (in % per annum basis) 12.5% p.a.
Sanction letter validity 60 (Sixty) days from date of issuance
Indicated Equated Monthly Instalment (EMI In Rs.) INR 18,488.00 (INR Eighteen thousand Four
hundred eighty eight only) due on 7 th of every
month
Due Date of payment 7th of every month
Property Insurance Premium Amount (In Rs.) INR 3,233 /-
Life Insurance Premium Amount (In Rs.) INR 28,136 /-
Loan Guard Insurance Premium Amount (In Rs.) INR 0 /-
Interest on Overdue EMI/ Instalment/ Pre-EMI At the same rate of interest applicable to the Loan
i.e., 12.5% p.a.
Late Payment Charges/ Penal Charges (in addition 12% per annum i.e., 1% of the overdue/ default
to interest on overdue EMI/ Instalment/ Pre- EMI, amount plus GST for each month of delay/ default in
payable in case delay in payment) payment of outstanding dues/ EMI/ Instalment/ Pre-
EMI
VAP Amount (In Rs.)
Mode of Payment NACH
Processing Fee (Non-Refundable) (In Rs.) INR 2,360-inclusive of GST(At Applicable Rates)
Login Fee to be paid upfront (Non-Refundable) (In INR 1,180 /-
Rs.)
Balance Login Fee as applicable ( Non- 4,720
Refundable ) (In Rs.)
Loan Sourcing/ Loan Documentation/ Technical/ INR 6,148 /-
Valuation/ Legal/ CERSAI/ CKYC/ NeSL charges
including applicable taxes (Non- Refundable) (In
Rs.)
Stamp duty, registration charges and other related To be borne by the applicant as per the prevalent
charges payable on the Loan Agreement, security stamp duty rates applicable in the respective
creation document(s) etc. State(s).
Prepayment charges Refer tariff sheet

Grihum Housing Finance Limited

(Formerly known as Poonawalla Housing Finance Limited)
CIN: U65922PN2004PLC208751
Registered Office: 602, 6th Floor, Zero One IT Park, Survey No. 79/1, Ghorpadi, Mundhwa Road, Pune-411036, Maharashtra
T: +91 020 67808091 | E: customercare@grihumhousing.com | W: www.grihumhousing.com
 No Prepayment/ Foreclosure Charges to be levied in the following scenarios:
(a) Where the housing loan is on floating interest rate basis and pre-closed from any source.
(b) Where the housing loan is on fixed interest rate basis and the loan is pre-closed by the borrower out of their
Own Sources***.
Any floating rate term loan sanctioned for purposes other than business to individual borrowers.
End Use of Loan Balance Transfer-Home Loan
Details of security and additional/ collateral Flat No-3 2nd Floor, Eastern SIDE,3/1U Bade
security Raipur road Kolkata- 700032,West Bengal

Notes:

* Amounts are indicative and will be subject to change depending upon on the actual date of disbursement, change in rate of
interest, if any and not inclusive of other applicable charges payable in the event of default in repayment.
*** The term “Own Sources” shall mean any source utilized/ availed by the Borrower for the purpose of pre-payment/
foreclosure and which does not include any borrowing from a bank, housing financial company, non-banking financial company
and/ or a financial institution
Sanction Conditions:
1) Sanctioned is subject to Legal and Technical clearance of the property
2) BT loan Rs.849326 from Piramal and PL loan Rs.100000, PL 65449 to be closed from PHFL fund, after BT loan closure
proof balance cheque to be release
3) Accepted Final Sanction Letter duly signed by all applicants
4) All verifications including RCU report should come as positive and/or supported by proper approval
5) LI and PI is mandatory, if required, to be deducted from disbursement and for shorter insurance premium proper approval
is required
6) Before disbursement there is need to do registration of MNACH OR ENACH
7) Balance Transfer Norms to be complied
8) Applicant positive office verification required from Black & Blue and GS & IS India Pvt Ltd
9) HR confirmation mail required from Black & Blue and GS & IS India Pvt Ltd
10) Latest electricity bill, property tax paid receipts and BLRO records capturing property address in the name of customer to
be verified and documented.
11) ICD from customer that if any penalty imposed for built up regularization would be borne by him without any break in
loan structure.

Yours Truly
For Grihum Housing Finance Limited
(Formerly known as Poonawalla Housing Finance Limited)

Authorised Signatory

Acknowledgement and Acceptance

Signature: Signature: Signature:

Borrower Name: Co-Borrower Name:

Date:
Place:

Grihum Housing Finance Limited

(Formerly known as Poonawalla Housing Finance Limited)
CIN: U65922PN2004PLC208751
Registered Office: 602, 6th Floor, Zero One IT Park, Survey No. 79/1, Ghorpadi, Mundhwa Road, Pune-411036, Maharashtra
T: +91 020 67808091 | E: customercare@grihumhousing.com | W: www.grihumhousing.com
Additional Terms and Conditions
1. The term "Applicant" shall also include all co-applicants, wherever applicable, except where the context implies
otherwise and all references to Grihum, shall mean Grihum Housing Finance Limited (formerly known as Poonawalla
Housing Finance Limited) (Grihum), unless the context implies otherwise.
2. This Sanction Letter should not be construed as giving rise to any binding obligation on the part of Grihum to provide
the financial assistances/ facilities, mentioned overleaf, unless the Applicant has duly executed loan agreement and
security creation documents and other transaction documents, in a form and manner as may be required by the Lender,
from time to time.
3. The sanction is subject to legal scrutiny and diligence of title deeds/ documents and technical valuation of the Property
proposed to be mortgaged as and by way of security. Grihum’s opinion as to the validity and marketabilityof the title
and value of the Property shall be considered as final for the purpose of sanctioned loan.
4. The Applicant will create an Equitable Mortgage/ Registered Mortgage of the property as may be stipulated by the
Lender,. The Loan will be secured by first and exclusive mortgage of the property proposed for availing this loan and
/ or such other security, as Grihum may find necessary and acceptable. Such documents/ reports/ evidence as may
be required by Grihum shall be produced to ascertain that the property to be mortgaged with Grihum has a clear and
marketable title. The original title deed/s of the property(ies) proposed to be mortgaged shall be deposited by the
applicant with the Lender, for securing the loan.
5. Before commencement of an EMI, the Applicant shall be required to pay Pre-Equated Monthly Instalments (PEMIs) to
service the interest due on outstanding balance of the Loan. The Repayment Schedule shall provide break-up between
Principal and Interest components of EMIs/ PEMI and, in relation to the Loan, it shall be provided by the Lender to the
Borrower prior to first Due Date.
6. In case of Housing Loan for construction of dwelling unit or under construction residential unit, non-completion of
construction within 36 months of availing the Loan shall render absolute right to Grihum to convert the Loan to Non-
Housing Loan and to increase in rate of interest as per its internal policy, as applicable, with or without notice.
7. The Loan will not be disbursed in part or full, until own contribution (Margin) has been paid in full, i.e. the cost of the
dwelling unit less loan sanctioned by Grihum.
8. In case of additional limits, the existing mortgage shall be extended to cover the proposed additional limit and / or as
per the sanctioned conditions. Grihum may seek such additional securities as may be necessary to secure the
additional limits.
9. The Applicant shall be required to inform Grihum in writing about any changes in correspondence address, change
in employment, loss of job, business, profession, as the case maybe immediately after such change/ loss, notify the
causes of delay, loss / damage to the property, notify the additions / alterations to the property.
10. The Loan amount has been fixed, inter alia on the assumption that the cost of the dwelling unit to be purchased or
constructed will be as estimated in the application. In the event of the cost actually incurred being less, Grihum reserves
the right to suitably reduce the loan amount.
11. Notwithstanding anything stated elsewhere in this letter or otherwise, the facilities mentioned overleaf will be available
solely at Grihum's discretion and subject to compliance of all formalities and documentation as may be
specified/required by the Grihum. In the event of any non- compliance of with the same, all the fees paid to Grihum
will be non-refundable.
12. Login fees collected by the Lender is refundable only in the event such as death and severe disability of the
applicant during the underwriting process.
13. Login fees may be collected by the Lender in more than one tranches.
14. This letter of offer shall stand revoked and cancelled and shall be absolutely null and void if, (a) any material
changes occur in the proposal for which this Loan is sanctioned or; (b) any material fact concerning income, or ability
to repay or end-use or any other relevant aspect of the proposal or application for the Loan is withheld, suppressed,
concealed or not made known to Grihum or; (c) any statement made in the loan application is found to be incorrect
or untrue.
15. All statutory levies like Stamp duty, Registration Charges etc. or taxes applicable from time to time will have to be
borne by the Applicant. The applicant is liable to pay other applicable charges notified under Grihum tariff sheet-
Schedule of charges enclosed/ updated on Grihum's website from time to time/ displayed at branches.
16. In case of floating rate loans or a combined rate loan (during the tenor when linked to the FRR), the rate of interest
applicable to the facilities shall be as per FRR prevailing on the date/s of disbursement(s). Grihum's shall, at its sole
-discretion, review and, if considered necessary, revise the FRR at any time and from time to time as per its internal
policy, market conditions and/or applicable laws and regulations, if any, during the tenor of the Loan, which shall be
intimated to the Borrower at the time of such revision.In case of such loan , the applicable interest rate may get revised
upward or downward, from time to time,as per the terms and conditions mentioned in the loan agreement.On reset of
the floating rate of interest,the applicant shall be given the choice to opt for any of the following options:
a. enhancement in EMI or elongation of tenor or for a combination of both options; and,
b. to prepay, either in part or in full, at any point during the tenor of the loan subject applicable foreclosure
charges/ pre-payment penalty.
17. In case of any change/revision in applicable FRR/ floating interest rate, the Applicant shall have the option to switch
over from floating rate to fixed rate subject to Grihum’s internal policy. However, such option to switch over from a
floating rate to a fixed interest rate or vice versa shall not be available more than two times during the entire tenor of
the loan subject to applicable charges.Further, Grihum may offer, at its sole discretion, an option to reprice/revise the
interest rate basis the vintage of business relationship and repayment track record of the Loan. Such switching/
repricing of interest rate shall be subject to payment of switch fee and other charges as mentioned in the tariff sheet,
Schedule of charges enclosed/ updated on Grihum's website from time to time/ displayed at branches and other

Grihum Housing Finance Limited

(Formerly known as Poonawalla Housing Finance Limited)
CIN: U65922PN2004PLC208751
Registered Office: 602, 6th Floor, Zero One IT Park, Survey No. 79/1, Ghorpadi, Mundhwa Road, Pune-411036, Maharashtra
T: +91 020 67808091 | E: customercare@grihumhousing.com | W: www.grihumhousing.com