Sanction Letter
Loan Sanction Letter
Date: [Disbursal Date]
Dear Sir/Madam,
With reference to the application for the loan facility we are pleased to communicate the sanction of the loan as per the following term and conditions:
Terms and conditions of the sanction & common aspects of loan
| Borrower Details | |
| Name of borrower | [First Name Middle Name Last Name] |
| PAN | [PAN Number] |
| Email ID | [Email] |
| Phone number | [Mobile Phone (OTP verified)] |
| Type of customer | [New / Repeat] |
| Loan Details | |
| Loan Reference ID | [Loan ID] |
| Sanction amount/Limit | [Amount] |
| Amount of Loan disbursed (Principal) | [Amount (rounded up)] |
| Interest rate | [%] |
| Platform Fee/Onboarding Fee/Re-assessment fee | [Processing Fee] |
| Term of the loan (days) | [Xxx days] |
| Total repayment due (Principal + Interest + Fee + charges if any) | [Total amount (rounded up)] |
| Sanction Validity | [3 to 24 months] |
| Bank Account details | |
| Account Holder Name (same as borrower) | [First Name Middle Name Last Name] |
| Bank Name | [Bank Name] |
| IFSC Code | [IFSC Code] |
| Account number | [Account number] |
Special Term and condition
- Disbursement will be done post agreement signing.
- Disbursement will happen in your bank account provided at the time of application.
Contact Us
In case of any query or grievance you can contact us or raise a complaint using below information:
TARDUS TECH PRIVATE LIMITED
Email: finlop95@gmail.com
Acknowledgment: By accepting this sanction letter, you acknowledge that you have read, understood, and agree to the terms and conditions mentioned above.