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This loan sanction letter provides details of a loan given to Aneesh CR by Muthoot Finance. The key details are: 1) A loan amount of Rs. 83,100 has been sanctioned to Aneesh CR for a period of 12 months under the Muthoot Super Loan scheme. 2) The interest rate on the loan is 24% per annum but early repayment rebates of 3%, 1%, and 0% are available for repayment within 90 days, 180 days, and over 180 days respectively. 3) Gold chains weighing a total of 38.7 grams with a net weight of 38 grams after deductions have been used to secure the loan, with the gold valued at Rs

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0% found this document useful (0 votes)
159 views1 page

New 2

This loan sanction letter provides details of a loan given to Aneesh CR by Muthoot Finance. The key details are: 1) A loan amount of Rs. 83,100 has been sanctioned to Aneesh CR for a period of 12 months under the Muthoot Super Loan scheme. 2) The interest rate on the loan is 24% per annum but early repayment rebates of 3%, 1%, and 0% are available for repayment within 90 days, 180 days, and over 180 days respectively. 3) Gold chains weighing a total of 38.7 grams with a net weight of 38 grams after deductions have been used to secure the loan, with the gold valued at Rs

Uploaded by

J.D The Gamer
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LOAN SANCTION LETTER

Muthoot Finance GL 48
RBI Licence Regn.No-N-16-00167
Customer Copy
HYDERABAD - CHANDA NAGAR
CIF No.004310005992599
Phone No. : 040-23035035
Customer ID :004310000003843 Date :07/05/2019

Name :ANEESH CR Loan No :00431/MS/053262

:FLOT NO206,BR RESIDENCY SHANKER NAGAR :MUTHOOT SUPER LOAN


PHASE-IL.SHANKER NAGAR PHASE-II.
Address Selected GL Scheme
HYDERABAD URBAN, TELANGANA Ph:],
Mob:99128 085

Period of Loan :12 Months

Loan Amount :83,100.00


Rate of interest is 24% p.a. (Effective annualized rate is 27.28%). However, rebate as below will be available for early payment of
the interest
If pald within Rebate Effective Rate of Interest
90 Days 3% D.a. 21% p.a.
180 Days 1% p.a 23% p.a
Above 180 Gays 0% p.a 24% p.a
"Interest Calculated at Monthly rest.
Remit interest / principal by NEFT/RTGS to our account with Indusind Bank, Ernakulam.
Ac No."3M" 00431 MSLO53262 IFSC Code "INDBO000010".Contact branch for interest /principal dues or call 08040751515".
Stamp Duty(At the rate applicable in the state) :NIL
Processing/ Documentation/ Service Charges :NIL
a)Particulars of gold ornaments :chains-1(wt:38.700g. Nwt:38.000g. @2187/g)
To pay interest online visit https/online.muthootfinance.com. To
know the balance, give miss call to 08505955555"
Payment Mode: DIRECT CREDIT
Penal Interest NIL

No, of ltems :1 (b)Gross Wtigrams) :38.700


c)Deduction on alc of
stone weight, dirt :0.700 (d)Net wtigrams)bc) :38.000
etc.(grams)
e)Rate per Gram :2,187.00 ()Eligible Loan :83.106.00
Amountid x e)
(g)Availed Loan
Amount :83,100.00

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