Annexure A

KEY FACT STATEMENT

Part 1 (Interest rate and fees/charges)

Personal Loan on
1. Loan Proposal/Account No. PLCCMBEN574936120611190 Type of Loan
Credit Card
2. Sanctioned Loan Amount ( in Rupees) 122000
Disbursement Schedule
(i) Disbursement in stages or 100% upfront
3. 100% upfront
(ii) If it is stage wise, mention the clause of loan agreement
having relevant details
4. Loan Term (year/months/days) 24 Months
5. Instalment Details
Number
Type of Instalments ***EPI(₹) Commencement of repayment, post sanction
of ***EPIs
EMI will commence from the next billing cycle post loan
disbursement. The billing cycle could be on the 5th,
Monthly 24 5800
15th, 20th, 22nd & 25th of any month depending on the
customer’s current credit card statement cycle
Interest Rate (%) and type ( fixed or
6. 13%, Fixed
floating or hybrid)
7. Additional Information in case of Floating rate of interest
Reference Benchmark Spread(%) Final Rate(%) Reset Periodicity Impact of change in the
Benchmark Rate(%) (S) R = (B) + (S) (months) reference benchmark
(B) No. of
B S ***EPI(₹)
***EPIS
NA NA NA NA NA NA NA NA
8. Fees/Charges
Payable to the *RE (A) Payable to a third party through *RE (B)
Amount (in ₹) or Amount (in ₹) or
One time/ One time/
Percentage (%) Percentage (%) as
Recurring Recurring
as applicable applicable
(i) Processing Fees One time 0 NA NA
(ii) Insurance Charges NA NA NA NA
(iii) Valuation fees NA NA NA NA
(iv) Any other ( please specify) NA NA NA NA
9. Annual Percentage Rate (APR) (%) 13%
10. Details of Contingent Charges (in ₹ or %, as applicable)
Penal charges, if any, in case of delayed Late Payment Charge as applicable on your Credit
(i)
payment Card. Details are available in the MITC given below :

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Date:Sat Oct 26, 2024 16:57:58 IST
 https://www.kotak.com/content/dam/Kotak/files/english-
rcas.pdf
(ii) Other penal charges, if any NA
Please refer to Clause 10.3(xii) of the MITC & CA
(iii) Foreclosure charges, if applicable https://www.kotak.com/en/personal-
banking/cards/credit-cards/mitc-and-ca.html
Charges for switching of loans from floating
(iv) NA
to fixed rate and vice versa
(v) Any other charges (please specify) NA

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Date:Sat Oct 26, 2024 16:57:58 IST
 Part 2 (Other qualitative information)

Please refer to Clause 7(g) of the Terms &

Clause of Loan agreement relating to Conditions
1
engagement of recovery agents https://www.kotak.com/en/customer-
service/grievance-redressal/recovery-agent.html
Please refer to Clause 7(f) of the Terms &
Conditions
Clause of Loan agreement which details
2 https://www.kotak.com/en/customer-
grievance redressal mechanism
service/grievance-redressal/personal-
banking/level-2.html
The following details are available on our website
under the following link
Phone number and email id of the nodal
3 https://www.kotak.com/en/customer-
grievance redressal officer
service/grievance-redressal/personal-
banking/level-2.html
Whether the loan is, or in future maybe,
4 subject to transfer to other REs or Yes
securitization (Yes/ No)
In case of lending under collaborative lending arrangements (e.g., co-lending/ outsourcing),
5
following additional details may be furnished
Name of the originating *RE,
Name of the partner *RE along
along with its funding Blended rate of interest
with its proportion of funding
proportion
NA NA NA
6 In case of digital loans, following disclosures may be furnished
(i) Cooling off/look-up period, in terms of *RE’s
board approved policy, during which borrower
Within 15 days of loan disbursal date
shall not be charged any penalty on prepayment
of loan
(ii) Details of **LSP acting as recovery agent and
NA
authorized to approach the borrower

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Date:Sat Oct 26, 2024 16:57:58 IST
 Annexure B

Computation of Annual Percentage Rate

Sr.
Parameter Details
No.
Sanctioned Loan Amount (in Rupees) (Sl no. 2 of
1 122000
the KFS template - Part 1)
Loan Term (in years/ months/ days) (Sl No.4 of
2 24 Months
the KFS template – Part 1)
No. of instalments for payment of principal, in case
a) -
of non-equated periodic loans
Type of ***EPI
Amount of each ***EPI (in Rupees) and Monthly
b) nos. of ***EPIs (e.g., no. of EMIs in case of 5800
monthly instalments) 24
(Sl No. 5 of the KFS template – Part 1)
No. of instalments for payment of capitalized
c) -
interest, if any
EMI will commence from the next billing cycle
post loan disbursement. The billing cycle
Commencement of repayments, post sanction (Sl
d) could be on the 5th, 15th, 20th, 22nd & 25th
No. 5 of the KFS template – Part 1)
of any month depending on the customer’s
current credit card statement cycle
Interest rate type (fixed or floating or hybrid) (Sl
3 Fixed
No. 6 of the KFS template - Part 1)
Rate of Interest (Sl No. 6 of the KFS template -
4 13%
Part 1)
Total Interest Amount to be charged during the
5 entire tenor of the loan as per the rate prevailing 17202
on sanction date (in Rupees)
6 Fee/ Charges payable (in Rupees) 0
Payable to the *RE (Sl No.8(A) of the KFS
A 0
template-Part 1)
Payable to third-party routed through *RE (Sl
B NA
No.8(B)of the KFS template-Part 1)
7 Net disbursed amount (in Rupees) 122000
Total amount to be paid by the borrower (sum of 1
8 139202
and 5) (in Rupees)
Annual Percentage rate- Effective annualized
9 interest rate (in percentage)10 (Sl No.9 of the KFS 13%
template-Part 1)
10 Schedule of disbursement as per terms and One Time Disbursement

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Date:Sat Oct 26, 2024 16:57:58 IST
 conditions
EMI will be billed in the next billing cycle (5th,
15th, 20th, 22nd, or 25th of any month)
based on the customer's current statement
cycle. The payment This is a Confidential
document. due date is 18 days after the
statement is generated, e.g.,

1. For the 5th, it's the 23rd of the current

month.
2. For the 15th, it’s the 3rd or 4th of the
11 Due date of payment of instalment and interest
next month
3. For the 20th, the 8th or 9th of the next
month
4. For the 22nd, the 9th or 10th of the next
month; and
5. For the 25th, the 12th or 13th of the
next month.

The due date depends on upon the no. of

days in the previous month.

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Date:Sat Oct 26, 2024 16:57:58 IST
 Repayment Schedule under Equated Periodic Instalment

Instalment Outstanding Principal (in Principal (in Interest (in Instalment (in
No Rupees) Rupees) Rupees) Rupees)
1 122000 4478 1322 5800
2 117522 4527 1273 5800
3 112995 4576 1224 5800
4 108419 4625 1175 5800
5 103794 4676 1124 5800
6 99118 4726 1074 5800
7 94392 4777 1023 5800
8 89615 4829 971 5800
9 84786 4881 919 5800
10 79905 4934 866 5800
11 74971 4988 812 5800
12 69983 5042 758 5800
13 64941 5096 704 5800
14 59845 5152 648 5800
15 54693 5207 593 5800
16 49486 5264 536 5800
17 44222 5321 479 5800
18 38901 5379 421 5800
19 33522 5437 363 5800
20 28085 5496 304 5800
21 22589 5555 245 5800
22 17034 5615 185 5800
23 11419 5676 124 5800
24 5743 5738 62 5800

• *RE means Regulated Entities i.e. Kotak Mahindra Bank

**LSP - Lending Service Provider
***EPIs/EMIs - Equated Periodic Instalment, Equated Monthly Instalment (EPI means EMI)

• If you require any assistance, please feel free to call us at our Customer Contact Centre number
1860-266-2666. It will be our pleasure to be of help to you.

• Please note that, values/digits after the decimal point are rounded off to the nearest whole
number. Please refer to the KFS and amortization schedule for the exact values that will be
shared to you on your registered email ID after you apply for your loan and it is approved by the
bank

• Note: Service Tax, GST, any / all applicable taxes from time to time (including applicable cess

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Date:Sat Oct 26, 2024 16:57:58 IST
 and surcharge) at the applicable rate will be levied on the interest / finance charges component,
on the processing fee, on the pre- closure fee, if any, and on any other billed financial charges /
fees as may be applicable from time to time

• For detailed terms & conditions for this Personal Loan on Credit Cards Program, please visit
https://www.kotak.com/content/dam/Kotak/others/terms-and-conditions/plcc-tnc.pdf

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Date:Sat Oct 26, 2024 16:57:58 IST