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Sanction Letter

DMI Finance Private Limited has sanctioned a loan of Rs. 9096 to Venkata Ramana Sarella of Vijayawada, Andhra Pradesh, India for his application. The 8-month loan has an annual interest rate of 0% and processing fees of Rs. 399. The letter details the broad terms and conditions of the financial assistance, including overdue interest and penalty charges. This offer for the loan is valid for 30 working days from the date of the sanction letter.
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0% found this document useful (0 votes)
1K views1 page

Sanction Letter

DMI Finance Private Limited has sanctioned a loan of Rs. 9096 to Venkata Ramana Sarella of Vijayawada, Andhra Pradesh, India for his application. The 8-month loan has an annual interest rate of 0% and processing fees of Rs. 399. The letter details the broad terms and conditions of the financial assistance, including overdue interest and penalty charges. This offer for the loan is valid for 30 working days from the date of the sanction letter.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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DMI FINANCE PRIVATE LIMITED

SANCTION LETTER
Date: 2023-05-20

Customer Name: Venkata Ramana Sarella


Co-Borrower/Guarantor: NA
Address Detail: 42 39 27,ajith Singh nagar,dabakottlu center Vijayawada
(Urba ANDHRA PRADESH India 520015

Dear Sir/Mam,

Please refer to your financial assistance application DMI0035486248 for a loan/line facility from DMI Finance
Pvt Ltd. We are happy to inform you that we have sanctioned a sum of Rs. 9096/- against your application.
The following are the broad Terms & Conditions governing the financial assistance.

01 Sanction Amount 9096


02 Rate of Interest % P.A (Annualized) 0
03 Tenor (Months) 8
04 Processing Fees 399
05 Insurance NA
06 Overdue Interest Rate/ Penal Charges Rs-400 + GST
07 Prepayment Charges NA
08 Bounce Charges Rs-400 + GST
09 Sourcing Partner Samsung

This offer is valid up to 30 working days from the date of issue.

Charges & deductions applicable to this loan are as mentioned in the application form and sanction letter.

DMI FINANCE PVT LTD.

This is a system generated letter and does not require any signature

Registered office - Express Building, 3rd Floor, 9-10, Bahadur Shah Zafar Marg New Delhi-110002
Website - www.dmifinance.in
Customer Portal - https://portal.dmifinance.in/
WhatsApp - 93506 57100 (https://bit.ly/DMIFINWA)

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