Corporate Identification Number (CIN) L65190GJ1994PLC021012

August 29, 2024

MR PRAGNESH SUBHASH PARMAR & MRS URVASHI PRAGNESH PARMAR
B 502 BUSINESS SQUARE SOLITAIRE ,
CORPORATE PARK ANDHERI KURLA RD CHAKALA,
MUMBAI
MUMBAI-400093
MUMBAI
9769099004(Mob) Email ID :[email protected]

Dear Sir / Madam,

Sub: Offer letter for Loan facility vide Application no. 7727063872
(Franchisee Code: BRANCH-0418-161528)
Thank you for choosing ICICI Home Finance Company (ICICI HFC). We are pleased to inform you that with reference to the above
application, we have in-principle sanctioned you a facility (the "Facility"), the details of which are given below.

Facility Type Home Loan

Facility Amount Sanctioned 14300000/-
Term of facility 216 months (18 years)
ICICI Home Prime Lending Rate (IHPLR) 18.85 %per annum or as applicable at the time of disbursement.
IHPLR as publicly notified from time to time plus margin of -9.60%
Applicable Interest Rate E*Q*U*A*L 9.25% p.a. ( 18.85% -9.60%) or as applicable at the time of
disbursement.
Type of Interest Floating Rate of Interest
Amount of each EMI (on Monthly rest) 136154/- (Payable monthly)
1180(Rupees One Thousand One Hundred Eighty Only) 1000/-
(Rupees One Thousand Only) is towards Login Fees/charges and . 90 is
Login fee/charges (non-refundable)
towards CGST and 90 is towards SGST - and any other tax/levy
applicable as per law
84370 (Rupees Eighty Four Thousand Three Hundred Seventy Only)
71500 (Rupees Seventy One Thousand Five Hundred Only) /- is towards
Processing Fees (non-refundable)
Processing Fees and . 6435 is towards CGST and 6435 is towards
SGST and any other tax/levy applicable as per law.
Such security as may be specified by ICICI HFC, from time to time at its
Security
sole discretion.
Fees on Part Prepayment** NIL on amount prepaid
Please refer point 2 under the page titled "Other Charges applicable during
Fees on Full & Final Prepayment**
the loan life cycle of this letter
You have chosen to avail an optional Insurance Not Applicable
Number of Equated Monthly installments (EMIs) 216Month

"The aforesaid rate of interest would be valid for a period of 30 days from date of this sanction letter, subject to change in IHPLR.
GST Related Details :

Customer Details
GST applicable customer : Yes/No
Customer Name :
GST Applicable Address ( incl. State name) :
GST Registered No. :
PAN Number :

ICICI Home Finance Details

Name of Company : ICICI Home Finance Company Limited
ICICI Home Finance branch address (incl. state name) :
PAN Number : AAACI6285N
GST Number :

* All taxes, duties and levies, including but not limited to Goods and Services Tax, and any other tax/levy applicable as per law and as
may be amended from time to time would be additionally charged.
From the date of first disbursement, you will be required to pay eSigned
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Yogesh begin.
Sonavane PRAGNESH SUBHASH PARMAR
(Leegality.com - qt3KZXs)
URVASHI PRAGNESH PARMAR
ICICI HFC provides ECS and/or Direct Debit facilities as modesDate:of repayment wherever these
Thu Sep 12 18:58:21 IST 2024
facilities are available. We encourage
Date: Thu Sep 12 19:01:51 IST
customers to avail ECS/Direct Debit facilities for repayment. " 2024
Date: Thu Sep 12 19:03:23 IST
2024

The aforesaid sanction of the Facility will be subject to

1. Facility amount shall not exceed ___% of Agreement Value of property, however the Agreement Value of the property considered shall
be subject to the Market value (MV) of the property as valued by ICICI HFC.
2. Execution of Facility and other documents between you and ICICI HFC as per ICICI HFCs policy and format.
3. Approved sanction plans shall be submitted by the applicant/s to the satisfaction of ICICI HFC..
4. Terms and conditions as mentioned overleaf.
5. Own Contribution Receipt through Bank Clearance.
6. This sanction is valid subject to positive and satisfactory verification of all the documents provided by you.
7. As per Section 194-IA of the Income Tax Act, 1961, in case the consideration for transfer of an immovable property is more than? 5.0
million, the purchaser / buyer of such property is required to deduct income tax at the rate of 1% of the consideration (__%if the seller
 does not have a PAN) on behalf of the seller / vendor. Thus, you are required to comply with the said provision and undertake all the
necessary steps in this regard.
8. Rate conversion is Permitted only if a period of 1 year has elapsed from the date of first disbursement
09. Positive legal & technical verification of the property
10. Purchaser(s) of property/Property Owner(s) to be applicant to the loan.
11. Notice of Intimation as per government regulations to be provided, if applicable
10. Repayment from Applicant salary Crediting Account ICICI bank---2223.
11. OSV, RCU and selfattestaion require on KYC, Income docs and banking prior to disbursement?.
12. No negative hunter matches found, same to be checked prior to disbursement?.
13. Positive RCU report/RCU Screened of Income docs, Banking and KYC to be document?.
14. LTV to be restricted upto 75pc on COP or MV whichever is lower.
15. Positive Resi and office FI Report to be documented before disbursement same to be verified by PM/TP.
16. Closure proof of Used car loan of Rs. 1211766/- to be documented before disb..
17. Subject to Nil proof Or Less than of 25000 of all active credit cards reflecting in Applicant CIBIL..
18. Overdue clearance proof of Rs. 1,62,486/- reflect in co-applicant CIBIL to be documented before disb.
19. Overdue clearance proof of Rs. 89,648/- reflect in applicant CIBIL to be documented before disb..
20. 1pc ROI approval to be documented before disb..
21. Positive RCU of salary credit banking to be documented before disb..
22. positive legal technical to be documented before disb..
23. Latest month salary slip along with bank credit to be documented before disb..

This letter shall be a part of the Transaction Documents and shall be read in conjunction with the Transaction Documents executed by the
Borrower or any other person for availing the Facility from ICICI HFC.
The signing of this letter by the Borrower(s) constitutes acceptance and acknowledgement of the terms mentioned in this letter.

Your ICICI HFC Territory Portfolio Manager ____________________ will assist you with all your requirements pertaining to the above
facility. You can reach him/ her on _________________.
Please sign and return the acceptance copy of this letter to him/her at the address mentioned below:

_________________________________
____________________________
_________________________

If required, you may also contact the ICICI HFC Territory Business Manager ____________________ ____________________ on
____________________ ____________________
We look forward to a long lasting relationship with you.

Thanking you,
Yours sincerely,
For ICICI Home Finance Company Ltd.

Name
Designation
I/We accept the above terms and conditions

PRAGNESH URVASHI
1. Name: SUBHASH 2. Name: PRAGNESH
PARMAR PARMAR
Signature: Signature:
Place: Place:
Date: Date:

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Yogesh Sonavane PRAGNESH SUBHASH PARMAR URVASHI PRAGNESH PARMAR
Date: Thu Sep 12 18:58:21 IST 2024 Date: Thu Sep 12 19:01:51 IST Date: Thu Sep 12 19:03:23 IST
2024 2024
 TERMS AND CONDITIONS ATTACHED TO SANCTION LETTER
1. This letter should not be construed as giving rise to any binding obligation on the part of ICICI Home Finance Company Limited to provide the
financial assistance/s / facilities mentioned overleaf (the "Facilities"), unless you have executed transaction documents, in a form and manner as
may be required by ICICI Home Finance Company Limited ("IHFC") in connection with the Facilities.
2. The Facility Agreement/Credit Facility Application Form and other transaction documents may / will contain terms and in addition to or in
modification of those set out in this letter.
3. Notwithstanding anything stated elsewhere in this letter or otherwise, the Facilities mentioned overleaf will be available solely at IHFC's
discretion and subject to compliance of all formalities and documentation as may be specified / required by IHFC. The continuance of the Facilities
is subject to cancellation and / or repayment to IHFC on demand without assigning any reason for the same.
4. IHFC shall be entitled to revoke the sanction of the Facilities, inter alia, in any of the following circumstances :
a) there is any material change in the purpose(s) for which the Facilities has been sanctioned ("the Purpose(s)");
b) in the sole judgement of IHFC, any material fact has been concealed and / or become subsequently known;
c) any statement made by or on your behalf in your application or otherwise, is incorrect, incomplete or misleading;
d) the accepted copy of this letter duly signed by you is not received by IHFC within the specified validity period ;
e) there is a default under or a breach of the terms and conditions of this letter or any other loan / facility offered by IHFC to you / any of you;
f) the legal /technical / valuation report on the property is not satisfactory to IHFC;
5. This sanction shall be available to the borrower/s for a validity period of 90 days for HL, 60 days for LAP against residential/ commercial property
& NRP, 30 days for LAP against other properties provided the borrower/s deposits with IHFC the administrative charges & other charges / fees
mentioned overleaf at the time of delivering the accepted copy of this letter to IHFC.
6. Repayment of facilities could be through Installment / EMl's comprising of principal and Interest / by way of Minimum Amount Due.
7. IHFC is entitled to add to, delete or modify all or any of the terms and conditions for the facility and/or the Standard Terms applicable to the
Facilities.
8. The borrower/s shall immediately intimate IHFC in the event of any change in the repayment capacity of the borrower/s. Without limitation, this
shall include a loss / change in job / profession etc. as also any change in any information stated in your application for the Facilities.
9. The rate of interest applicable to the Facilities shall be as prevailing on the date/s of disbursement(s) / drawal(s) and as more particularly detailed
in the Facility Agreement/Credit Facility Application Form.
10. No disbursements / drawals under the Facilities shall be permitted until and unless the borrower/s has made its contribution towards the
Purpose(s) as mentioned overleaf, executed the required agreements, documents and writings and performed such other acts and deeds and
created such security as may be required by IHFC.
11. IHFC has sanctioned the Facilities on the basis of the calculation and the estimation of the costs to be incurred for fulfilling the Purpose(s). If the
cost of fulfilling the Purpose(s) increases above or falls below the calculated amounts, IHFC reserves the right to cancel the Facilities or reduce
the amount sanctioned at the sole and exclusive discretion of IHFC and the decision of IHFC in that behalf shall be binding on the borrower/s.
12. For all products, IHFC may, in its sole discretion and on such terms for payment of prepayment charges etc. as it may prescribe (subject to
applicable laws/regulations from time to time) and compliance with any other conditions as it may specify from time to time, permit
prepayment/acceleration in payment of EMIs/ installment at the request of the borrower/s. In the event IHFC permits any prepayment/
acceleration, the repayment schedule for such facility shall be amended/ altered by IHFC for giving effect to such prepayment/ acceleration
repayment schedules shall be binding on the borrower/s. In case if any amount is prepaid by the borrower/s, the same shall be adjusted first
towards the incidental charges, penal charges, PEMII, EMI outstanding, EMI of the current month and balance towards the principal amount of
such facility. IHFC, at its sole discretion, may permit swap of the post-dated cheques for re-scheduling of EMI only if such minimum amount, as
may be decided by IHFC from time to time is prepaid.
13. The original property/title documents will be released to you within 30 days from the date of full repayment/settlement of the Facility at the
nearest loan servicing branch of ICICI Bank Limited/ICICI HFC as per the borrower’s communication address or customer can also opt for any
other preferred location by visiting branch of ICICI HFC. The release of original property documents shall be subject to no dues being payable in
respect of this Facility or any other credit facility availed by the borrower, for which the said property was charged to ICICI HFC and/or ICICI
Group.
14. The Applicant(s) hereby agrees and covenants that the Facility shall be utilized for the Purpose as mentioned under the Facility Agreement along
with Schedules thereto, End Use letter, executed or entered into or to be executed or entered into by the Applicant(s), as the case maybe and each
such Transaction Document as maybe amended from time to time.
Additional Terms and Conditions applicable only for Non Resident (NRI) / Person of Indian Origin (PIO)/ Overseas Citizen of India (OCI):
15. Repayment of the Facilities and all charges leviable under the Facility Agreement/ Credit Facility Application Form shall be made by the
borrower/s by remittances from abroad through normal banking channels or out of his / her NRE/FCNR/NRO account in India or through rental
income derived from renting out the property in India and/or in such other manner as may be decided solely by IHFC subject to the applicable
laws, rules and regulations including FEMA.
16. The property purchased out of the proceeds of the Facilities will be used by the non -resident for his / her own occupation on his /her return to
India and not for any other purpose.
17. In the event of the property is given on lease / leave and licence / tenancy basis (if so agreed upon by IHFC) by the borrower/s during his / her
stay abroad, the borrower undertakes to utilize the entire rentals for repayment of the facility, even if the entire rentals are more than the
prescribed EMl.ln such an event where the rentals are appropriated towards repayment of the facility, IHFC may in its sole discretion permit
swap of the post-dated cheques for re-schedulement of the EMI.
18. Payment of Margin Money must be made by debit to NRO account of the borrower/s as well as through direct remittance from abroad through
normal banking channels or out in India and /or in such other manner as may be decided solely by IHFC subject to the applicable laws, rules
and regulations including FEMA and regulations made thereunder.
Additional Terms and Conditions applicable for Adjustable Interest Rate
19. (i) ICICI Home Prime Lending Rate (IHPLR) shall mean the percentage rate per annum from time to time and notified/ announced by IHFC in
such form and manner as deemed appropriate by IHFC from time to time as IHPLR. (ii) Adjustable Interest Rate (AIR) means the IHPLR and
the margin, if any as specified by IHFC shall be applied by IHFC on the first of the month following the month of the year (as per the English
Calender) in which IHPLR changed. AIR would change based on changes in the IHPLR. (iii) Any change in IHPLR may result in a change in
your EMI or tenor or both. This change in rate of interest shall be communicated to the Borrower, post reset along with options to (including
but not limited to) increase in tenor or EMI or both or to switch over to fixed rate as per IHFC/Lender’s approved policy.
20. For illustration purpose, please find below table depicting possible impact of change in benchmark Interest rate on EMI/Tenure on Loan
account:
Change in Tenure Change in EMI Change in EMI & Tenure
Particulars Existing
(keeping EMI constant) (keeping Tenure constant) (both)
Rate of Interest 9.00% 9.25% 9.25% 9.25%
Loan Amount (Rs.) 5,000,000 5,000,000 5,000,000 5,000,000
Tenure (in months 300 327 300 324
EMI Amount (Rs.) 41,960 41,960 42,820 42,034

----- x -----

PLEASE SEE CONTINUATION SHEET FOR OTHER DETAILS HF-38-VER-10 29052024/NSP

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Yogesh Sonavane PRAGNESH SUBHASH PARMAR URVASHI PRAGNESH PARMAR
Date: Thu Sep 12 18:58:21 IST 2024 Date: Thu Sep 12 19:01:51 IST Date: Thu Sep 12 19:03:23 IST
2024 2024
 Other Charges applicable during the loan life cycle

Rate of Interest Gradation of interest rate will be based on factors such as credit bureau, type of income, type of
1.
collateral, customer profile, type of product etc. For more details, please visit our website
www.icicihfc.com

2. Part Prepayment Fees NIL

3. full prepayment/foreclosure charges Product Prepayment charges

Floating rate loan where purpose of loan is not for Charges applicable NIL
business and one of the borrower is an individual
Floating rate loan where purpose of loan is for business 4% of the outstanding loan amount +
(non-Home Loan) and borrowers are individuals and/or applicable taxes
non-individual/s
Fixed rate housing loan or limited period fixed rate 2% + applicable taxes
housing loan*
Fixed rate non housing loans 4% + applicable taxes

4. Cheque/ECS/NACH/Payment Instrument dishonour ` 500/- (Rupees Five Hundred Only) or such other amount as may be specified by IHFC from time to
Charges, per transaction time plus applicable taxes and other statutory levies.

5. Copy of original documents ` 1000/- (Rupees One Thousand only) plus applicable taxes and other statutory levies if any.

6. Repayment mode swap charges (PDC to PDC) ` 1000/- (Rupees One Thousand only) plus applicable taxes and other statutory levies if any.

7. Charges on account of non-submission of any ` 2000/- (Rupees Two Thousand only) plus applicable taxes and other statutory levies if any.
Payment Instrument(PDC/NACH Mandate form,
electronic security mandates etc.) for payment of
Instalment, per transaction

8. List of Documents ` 500/- (Rupees Five Hundred only) plus applicable taxes and other statutory levies if any.

9. Charges for swap of property ` 10000/- (Rupees Ten Thousand only) plus applicable taxes and other statutory levies if any.

10. Documents Retrieval Charges ` 500/- (Rupees Five Hundred Only) plus applicable taxes and other statutory levies if any.

11. Cheque / Repayment Mode swap charges other than ` 500/- (Rupees Five Hundred Only)- plus applicable taxes and other statutory levies if any.
PDC to PDC

12. Penal Charges in the event of default/delay in 1.50% per month(p.m.), on the over due/defaulted amount over and above the applicable Interest Rate
payment/repayment of any part of the loan amount (plus applicable taxes or other statutory levies, if any)
on due date

13. Penal Charges in the event of breach of other ICICI HFC reserves the right to levy and recover the applicable Penal Charges at its sole discretion, at
material terms( other than payment default) the rate specified hereinabove in point 12 on the outstanding amount plus applicable taxes and other
statutory levies, if any.
14. Charges for Amortisation Schedule ` 100/- (Rupees One Hundred only) plus applicable taxes and other statutory levies if any.

15. Charges for Statement of account ` 100/- (Rupees One Hundred only) plus applicable taxes and other statutory levies if any.

16. Charges for prepayment statement ` 500/- (Rupees One Hundred only) plus applicable taxes and other statutory levies if any.

17. Charges for duplicate NOC / No due certificate ` 500/- (Rupees One Hundred only) plus applicable taxes and other statutory levies if any.

18. Stamp Duty and other statutory charges As per Applicable Law

19. Conversion Charges 0.50% for housing loan, 1.00% for the non-housing loan plus applicable taxes and other statutory
levies if any, on principal outstanding.

* *For fixed, pre-payment charges are applicable if not prepaid from customer's own sources.
# The expression “own sources” for this purpose means any source of funds other than borrowing from a bank or Financial Institution.
Disclaimer:
• The rates, fees, charges etc. as stated herein above are subject to changes/ revision from time to time.
• Pre-Payment/ Foreclosure charges shall be applicable as per contracted rate or rates as per regulatory norms prescribed, if any.

ICICI Home Finance Company Limited

Registered Office: Corporate Office: Toll free number for customers : 1800 267 4455
ICICI Bank Towers, ICICI HFC Tower, Website : www.icicihfc.com
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Bandra-Kurla Complex
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Andheri Kurla Road, J.B. Nagar,
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CIN:- U65922MH1999PLC120106
(Leegality.com - qt3KZXs) Mumbai 400 -051,
(Leegality.com India.
qt3KZXs) Andheri (E),
(Leegality.com Mumbai-400 059.
- qt3KZXs)
Yogesh Sonavane PRAGNESH SUBHASH PARMAR URVASHI PRAGNESH PARMAR
Date: Thu Sep 12 18:58:21 IST 2024 Date: Thu Sep 12 19:01:51 IST Date: Thu Sep 12 19:03:23 IST
2024 2024
 Customer Service & Grievance Redressal:

Level 1
 Call Center, Email & Walk in at branches of the Company and the branches of ICICI Bank. The Company will
acknowledge the customer issue and interim response will be sent to customer as an acknowledgment
through Service Request (SR) number (complaints received through Call centre/walkin) or interim mail
response (complaints received through email).
 All complaints are accompanied by a SR number for timely closure and tracking.
 Response will be provided as per the defined timeline.
 If the customer is not satisfied with the response offered, then customer may choose to refer the matter to
Level 2 (Grievance Redressal Officer(GRO))
Call Center Number:1800 267 4455
Email: [email protected]
Branches: Visit www.icicihfc.com to locate nearest branch of the Company.
Response will be provided as per the defined timeline.

Level 2
Grievance Redressal Officer
 Grievance Redressal officer will acknowledge the issue and respond appropriately over email.
 Response will be provided as per the defined timeline.
 If the customer is not satisfied with the response offered, then customer may choose to refer the matter to
Level 3 (Head Customer Service).
GRO( Grievance Redressal Officer): 022- 66493844
Email: nodal.offi[email protected]
Physical Letter: https://www.icicihfc.com/contact-us

Level 3
Head Customer Service
 Interactions received at the desk of Head Customer Service will be acknowledged and the issue would be
captured appropriately.
 Response will be provided as per the defined timeline.
 If the customer is not satisfied with the response offered, then customer may choose to refer the matter to
Level 4(NHB).
Email: [email protected]
Physical Letter: https://www.icicihfc.com/contact-us

If the issue remains unresolved after approaching Level 1/Level 2/ Level 3 of if the Company has not provided
any status or resolution within 30 days, the customer may choose to refer the matter to regulators.

Level 4
National Housing Bank
 Interactions received from NHB will be acknowledged and the issue would be captured appropriately.
 Response will be provided as per the timeline defined by NHB.
Online Portal: https://grids.nhbonline.org.in
Physical Letter: Customers can write on the address mentioned below:
National Housing Bank,
Department of Supervision
(Complaint Redressal Cell)
4th Floor, Core – 5A, India Habitat Centre,
Lodhi Road, New Delhi- 110003

National Consumer Helpline (NCH)

 Interactions received from NCH will be acknowledged and the issue would be captured appropriately.
 Response will be updated on the portal the timeline defined by NCH.
Online Portal: https://consumerhelpline.gov.in.

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Yogesh Sonavane PRAGNESH SUBHASH PARMAR URVASHI PRAGNESH PARMAR
Date: Thu Sep 12 18:58:21 IST 2024 Date: Thu Sep 12 19:01:51 IST Date: Thu Sep 12 19:03:23 IST
2024 2024