Digitally Signed by Northern Arc Capital Limited

Chennai
2025-01-22T15:59:48.123086

Key Facts Statement

Date: 22/01/2025
Lender Name: Northern Arc Capital Limited
Applicant Name: CHINMAYA DASH
Valid till date: 2025-01-25

Part 1 (Interest rate and fees/charges)

1 Loan proposal/ account No. SC2VT1P0TPEE3CCAT

2 Type of Loan Medical Expenses

Sanctioned Loan amount (in

3 24000
Rupees)

Disbursal schedule
(i) Disbursement in stages or
100% upfront.
4 100% upfront
(ii) If it is stage wise, mention
the clause of loan agreement
having relevant details.

5 Loan term 4 Months

6 Instalment details

Commencement of repayment,
Type of instalments Number of EPIs EPI (Rs)
post sanction

21/02/2025(Calculated as 30
days after disbursal date
Monthly 4 6352
22/01/2025 which is subject to
change)

27.84 % per annum on reducing

Interest rate (%) and type (fixed or
7 balance.
floating or hybrid)
Fixed

8 Additional Information in case of Floating rate of interest

Digitally Signed by Northern Arc Capital Limited
Chennai

Final
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rate Impact of change in the

Reference Benchmark Spread
(%) R Reset periodicity2 reference benchmark (for
Benchmark rate (%) (B) (%) (S) (Months)
= (B) 25 bps change in ‘R’)
+ (S)

B S EPI (Rs) No. Of EPIs

NA NA NA NA NA NA NA NA

9 Fee/Charges

Payable to a third party through

Payable to the RE (A)
RE (B)

Amount (in Amount (in

Rs) or Rs) or
One- One-
Percentage Percentage
time/Recurring time/Recurring
(%) as (%) as
applicable applicable

3257
Processing
(i) One time (including NA NA
fees
GST)

Insurance
(ii) NA NA NA 0.0
charges

Valuation
(iii) NA NA NA NA
fees

Any other
(iv) (please NA NA NA NA
specify)

Annual Percentage Rate

10 90.89
(APR) (%)

11 Details of Contingent Charges (in INR or %, as applicable)

36% per annum on principal overdue

Penal charges, if any, in
(i)
case of delayed payment *This is inclusive of GST at applicable rate.
Applicable in case of delayed payment > 4
days

(ii) Other penal charges, if any NA

Foreclosure charges, if
(iii) NA
applicable

Charges for switching of loans

(iv) from floating to fixed rate and NA
vice versa

Any other charges (please

(v) Bounce charges as per bank if applicable.
specify)
Digitally Signed by Northern Arc Capital Limited
Chennai
2025-01-22T15:59:48.123086
Part 2 (Other qualitative information)

Clause of Loan
agreement relating
1 As per clause No. 3.9 of Terms and Conditions of Loan Agreement
to the engagement
of recovery agents

Clause of Loan
agreement which
2 details grievance Clause No. 16 of Loan Application of Terms and Conditions.
redressal
mechanism

For Northern Arc Capital Limited

Designation Grievance Redressal Officer

Name Mr. Madhan Mohan K

1800 419 8766 (The contact number is allocated

Contact No.
exclusively to the Grievance Redressal Officer)

Email ID [email protected]

IndiQube Golf View Homes, 6th Floor, Tower B, 3rd

Address Cross Road, S R Layout, Murgesh Pallya, Bengaluru –
560017

Designation Nodal Officer Name

Name Ms. Deepa Nair

1800 258 7010(The contact number is allocated

Contact No.
exclusively to the Nodal Officer)
Phone number and
email id of the Email ID [email protected]
3
nodal grievance
redressal officer IndiQube Golf View Homes, 6th Floor, Tower B, 3rd
Cross Road, S R Layout, Murgesh Pallya, Bengaluru.
560017
Address (Grievance redressal mechanism of the lender,
Northern Arc Capital Limited can be accessed at
https://www.northernarc.com/grievanceredressal-
mechanism)

For Olyv:

Designation Grievance Redressal Officer

Name Mr. Madan HM

(+91) 9986640581 (The contact number is allocated

Contact No.
exclusively to the Grievance Redressal Officer)

Email ID [email protected]

Indiqube Gamma, no 293/154/172, 3rd Floor, Outer

Address
Ring Road, Kadubeesanahalli, Bangalore KA 560103

4 Whether the loan YES

is, or in future
Digitally Signed by Northern Arc Capital Limited
Chennai
maybe, subject to
2025-01-22T15:59:48.123086

transfer to other
REs or
securitisation
(Yes/No)

In case of lending under collaborative lending arrangements (e.g., co-lending/

5
outsourcing), following additional details may be furnished:

Name of the
originating RE, along Name of the partner RE along with its Blended rate of
with its funding proportion of funding interest
proportion

NA NA NA

6 In case of digital loans, following specific disclosures may be furnished:

(i) Cooling off/look-up

period, in terms of RE’s
board approved policy,
during which borrower 3 days
shall not be charged
any penalty on
prepayment of loan

(ii) Details of LSP

Smartcoin Financials Pvt. Ltd.
acting as recovery
Address: IndiQube Gamma, No.293/154/172, 2nd Floor, Outer Ring
agent and authorized
Road, Kadubeesanahalli, Bengaluru, Karnataka - 560103
to approach the
Agency List: https://smartcoin.co.in/list-of-agency-names/
borrower

Recovery Mechanism:

In the event of any delay or default in payment of any amount due and payable by the
obligor(s) in relation to the loan, the obligor(s) may be reminded or given notice of
demand to pay the overdue amounts by making telephone call(s), sending written
communications by letters and/or electronic communications or by making personal
visits. Personal visits may be to the workplace and/or residence/ identified place of stay
or work of the obligors as per their preference and in case such preference is not
communicated/ascertained, obligors will be contacted only at their residence/
identified place of stay and if unavailable at residence, at the place of
business/occupation/ identified place of work. Such personal visits shall ideally be
between 8.00 am and 7.00 pm. In case of personal visits, identity and authority of
persons making such visit for follow up and recovery would be made known to the
obligors at the first instance. Lender may utilise the services of the LSP, and the Lender
and/or the LSP may utilise the services of collection agents for collection of amounts in
relation to the loan. The LSP and the collection agents will be required to follow a code
of conduct covering their dealings with the obligors. All the practices adopted for follow
up and recovery of dues and enforcement of security will be inconsonance with the
law. In addition to the foregoing, the loan may be recalled, and recovery proceedings
may be initiated in accordance with the terms and conditions governing the loan.

Annex B
Digitally Signed by Northern Arc Capital Limited
Chennai

Illustration for computation of APR for Retail and

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MSME loans

Sr.
Parameter Details
No.

Sanctioned Loan amount (in Rupees) (Sl no. 2

1 Rs 24000
of the KFS template – Part 1)

Loan Term (in years/ months/ days) (Sl No.4

2 4 months
of the KFS template – Part 1)

No. of instalments for payment of principal, in

a) NA
case of non-equated periodic loans

Type of EPI
Monthly
Amount of each EPI (in Rupees) and
b) Rs 6352
nos. of EPIs
4
(Sl No. 5 of the KFS template – Part 1)

No. of instalments for payment of capitalised

c) NA
interest, if any

Commencement of repayments, post 21/02/2025(Calculated as 30 days after

d) sanction (Sl No. 5 of the KFS template – Part disbursal date 22/01/2025 which is
1) subject to change)

Interest rate type (fixed or floating or hybrid)

3 Fixed
(Sl No. 6 of the KFS template – Part 1)

Rate of Interest (Sl No. 6 of the KFS template 27.84 % (per annum on reducing balance
4
– Part 1) basis)

Total Interest Amount to be charged during

5 the entire tenor of the loan as per the rate INR 1408
prevailing on sanction date (in Rupees)

6 Fee/ Charges payable (in Rupees) Rs 3257.0 including GST

Payable to the RE (Sl No.8A of the KFS

A Rs 3257.0 including GST
template-Part 1)

Payable to third-party routed through RE (Sl

B 0.0
No.8B of the KFS template – Part 1)

7 Net disbursed amount (1-6) (in Rupees) 20743

Total amount to be paid by the borrower (sum

8 25408
of 1 and 5) (in Rupees)

Annual Percentage rate-Effective annualized

9 90.89
interest rate (in percentage)

Schedule of disbursement as per terms and

10 100% in one tranche
conditions

21/02/2025(Calculated as 30 days after

Due date of payment of instalment and
11 disbursal date 22/01/2025 which is
interest
subject to change)
Digitally Signed by Northern Arc Capital Limited
Chennai
2025-01-22T15:59:48.123086

Illustrative Repayment Schedule under Equated

Periodic Instalment for the loan illustrated in
Annex B

Annex C

Installment Outstanding Principal (In Principal (In Interest (In Instalment (In
No. Rupees) Rupees) Rupees) Rupees)

0th 24000 0 0 0

1st 18205 5795 557 6352

2nd 12276 5929 423 6352

3rd 6209 6067 285 6352

4th 0 6209 143 6352

Please note that this Key Fact Statement and the

repayment schedule is for the purpose of
illustrative computation only as it is issued before
the formation of the loan contract. Depending upon
the actual amount and date of disbursement after
the formation of the loan contract, there will be
corresponding changes in the details of the
parameters listed in the Key Fact Statement and
also the repayment schedule (including pre-EMI
details, if applicable) that will be issued post loan
disbursement.

I/We, the Borrower and/or Co-Borrower above named hereby confirm and declare that
the contents of this Agreement, its enclosures and other loan documents have been
read over. I/We, have understood all the terms and conditions of this agreement, its
enclosures and other loan documents mentioned in English, confirm and declare the
same. I/We have received a copy of this Agreement, its enclosures and other loan
documents.
Digitally Signed by Northern Arc Capital Limited
Chennai
2025-01-22T15:59:48.123086

Acceptance as per IT ACT 2000

Digitally signed By
CHINMAYA DASH
IP: 152.58.166.183
2025-01-22 153:43:47
Digitally Signed by Northern Arc Capital Limited
Chennai
2025-01-22T15:59:48.123086

Welcome Letter

22/01/2025

CHINMAYA DASH

S O DEEPAK KUMAR DASH BARAPADA SAUDIA

SAUDIA, BALICHANDRAPUR SAUDIA JAJAPUR ODISHA,
., Jajapur, Jajapur, OR, IN, 754292

8658349202

Dear CHINMAYA DASH ,

Ref: Your application form No. SC2VT1P0TPEE3CCAT dated 22/01/2025 together with its annexure for
sanction of loan ("Loan Application").

Sub: Sanction and disbursement of Loan.

We refer to the Loan Application cited above and we are glad to inform you that the loan applied for vide
the said Loan Application has been sanctioned and the Loan stands disbursed to the Disbursement
Account.

Please find below the details of the summary of the most important terms and conditions governing your
loan.

LOAN DETAILS
End use Medical Expenses
Loan identification
SC2VT1P0TPEE3CCAT
No.
Loan Amount Term loan of an amount of INR 24000/- (Indian Rupees twenty four thousand only)
27.84 % p.a
It is being clarified and informed to the Borrower(s) that in the event
payment of the Instalment is not received by the Lenders on the respective
Interest Rate
Due Date, the Interest shall continue to accrue on the principal overdue
amount under the respective Instalment for the period beginning from date
of overdue till the payment is actually made in full to the Lenders.
Method of Interest
Declining rate of interest
Application
Date of Sanction 2025-01-22T15:39:14
Tenor (in months) 4
Number of
monthly 4
instalments
OTHER CHARGES (Inclusive of GST)

Late Payment 36% per annum on principal overdue

charges in case
of delayed
payment > 4
*This is inclusive of GST at applicable rate.
days
Applicable in case of delayed payment > 4 days

Processing
INR 3257
Charges
Collection Charges NA
Digitally Signed by Northern Arc Capital Limited
Chennai
Swap Charges
2025-01-22T15:59:48.123086 NA
Prepayment
INR 1408 - Interest accrued till repayment date
Premium
Platform Charges INR 0
Bounce Charges
(over and above
NA
the charges levied
by the bank)
Cancellation
NA
Charges
EMI No Deadline Total Amount Principal Amount Interest Amount
1 22/02/2025 6352 5795 557
Repayment
2 22/03/2025 6352 5929 423
Details [1]
3 22/04/2025 6352 6067 285
4 22/05/2025 6352 6209 143

*[1] Repayment schedules are created by assuming today as loan disbursal day and these may vary with
change in disbursal date
e.g. If disbursal date is delayed by two days accordingly repayment schedules will also be delayed by two
days
The first and/or last instalment amount could be a figure that may be different from other instalment
amounts.

SMARTCOIN FINANCIALS PRIVATE LIMITED, a company incorporated under the Companies Act, 2013
bearing CIN U67110KA2015PTC084272 and having its registered office at Indiqube Gamma, no
293/154/172, 3rd Floor, Outer Ring Road, Kadubeesanahalli, Marathahalli, Bangalore- 560103, Karnataka,
India, hereinafter referred to as the "Facility Agent"

We request you to return to us the duly signed duplicate copy of this Facility Letter in token of your
acknowledgement of the same. The term 'Collection Account' shall have the meaning given to it in the
Loan Application. As instructed by you in the Loan Application, the Lender has deducted the applicable
Platform Charges from the Loan Amount and remitted such amount to the Facility Agent at the time of
disbursement.

Regards,

Northern Arc Capital Limited

GRIEVANCE REDRESSAL MECHANISM

In case of any grievances against Northern Arc Capital Limited (the “Company”), or any person acting on
its behalf, you may reach out to our representatives below at any time between 10.00 am and 6.00 pm
Monday to Friday except public holidays.

1. Grievance Redressal Officer

Customers are requested to address all their grievances at the first instance to the Grievance Redressal
Officer. The contact details of the Grievance Redressal Officer are as provided below.

Mr. Madhan Mohan K

Address: IndiQube Golf View Homes, 6th Floor, Tower B, 3rd Cross Road, S R Layout, Murgesh Pallya,
Bengaluru-560017
Toll free number: 1800 4198 766
Email ID: [email protected]

The Grievance Redressal Officer may be reached on the toll-free number provided above anytime between
10:00 am and 6:00 pm on weekdays except public holidays or through the e-mail address above. The
Grievance Redressal Officer shall endeavour to resolve the grievance within a period of fifteen days from
the date of receipt of a grievance.
Digitally Signed by Northern Arc Capital Limited
Chennai
2. Nodal Officer
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If the customer does not receive a response from the Grievance Redressal Officer within 15 days of making
a representation, or if the customer is not satisfied with the response received from the Grievance
Redressal Officer, the customer may reach the Nodal Officer on the toll-free number below anytime
between 10:00am and 6:00 pm on weekdays except public holidays or write to the Nodal Officer at the e-
mail address below. The contact details of our Nodal Officer are provided below.

Ms. Deepa Nair

Address: IndiQube Golf View Homes, 6th Floor, Tower B, 3rd Cross Road, S R Layout, Murgesh Pallya,
Bengaluru-560017
Toll free number: 1800 258 7010
Email ID: [email protected]

Complaints to Ombudsman
In case the customer does not receive a response from the Grievance Redressal Officer or the Nodal Officer
within one month from the date of making a representation to the Company, or if the customer is not
satisfied with the response so received, a complaint may be made in accordance with the ‘The Reserve
Bank – Integrated Ombudsman Scheme, 2021’ (“Ombudsman Scheme”) to the Ombudsman in whose
jurisdiction the office of the Company complained against, is located. For contact details of the
Ombudsman and for salient features of the Ombudsman Scheme, please refer to Annexure - A of the Fair
Practices Code adopted by the Company and available on our website https://www.northernarc.com/. A
copy of the Ombudsman Scheme is available on the website of the Reserve Bank of India at www.rbi.org.in
and also with our Nodal Officer.

I/We, the Borrower and/or Co-Borrower above named hereby confirm and declare that the contents of this
Agreement, its enclosures and other loan documents have been read over. I/We, have understood all the
terms and conditions of this agreement, its enclosures and other loan documents mentioned in English,
confirm and declare the same. I/We have received a copy of this Agreement, its enclosures and other loan
documents.

Acceptance as per IT ACT 2000

Digitally signed By
CHINMAYA DASH
IP: 152.58.166.183
2025-01-22 153:54:51

I hereby confirm having read and understood the Standard Terms and Conditions applicable to
this Loan and

I am signing this Application Form after understanding and acceptance of each term.

Date: 2025-01-22T15:54:51

IMEI No: null