Key Fact Statement
Name of the Regulated entity: Branch Applicant Name: Sachin Vinayak
Date: 14/07/2024 International Financial Services Private
Rohankar
Limited
Sr.
Parameter Details
No.
Loan amount (amount disbursed/to be disbursed to the borrower) (in
(i) 1500.0
Rupees)
(ii) Total interest charge during the entire tenor of the loan (in Rupees) 45.0
(iii) Other up-front charges, if any (break-up of each component to be given 153.0
below) (in Rupees)
(a) Processing fees, if any (in Rupees) 129.0
(b) Insurance charges, if any (in Rupees) -
(c) Others (if any) (in Rupees) GST: 24.0
(iv) Net disbursed amount (in Rupees) 1347.0
(v) Total amount to be paid by the borrower (sum of (i), (ii) and (iii)) (in 1698.0
Rupees)
Annual Percentage Rate - Effective annualized interest rate (in percentage)
(vi) (computed on net disbursed amount using IRR approach and reducing 176.39%
balance method)
(vii) Tenor of the Loan (in months/days) 31 days
(viii) Repayment frequency by the borrower Monthly
(ix) Number of instalments of repayment 1
(x) Amount of each instalment of repayment (in Rupees) 1545.0
Details about Contingent Charges
3% on the outstanding overdue
(xi) Rate of penal charges in case of delayed payments amount with an additional 1% per day
(restricted to maximum 10%)
Other disclosures
During the cooling-off/look-up period, borrowers will not incur any
(xii) penalties for prepaying the loan. However, processing fees and GST will 1 day
not be refunded in case of prepayment during this period. Refer to FAQ for
more details.
1. Striker - SFS ALLIANZ PVT. Ltd
2. Pacesetters - Pace Setters Business
Solutions Private Limited
3. DPD Zero - VIPATRA TECHNOLOGIES
PRIVATE LIMITED
Details of LSP acting as recovery agent and authorized to approach the 4. Creditmate - Fincollect Services
(xiii) borrower
Private Limited
5. Credgenics - ANALOG LEGALHUB
TECHNOLOGY SOLUTIONS PRIVATE
LIMITED
6. Spocto - Spocto Solutions Private
Limited
Name: Vishal Kaushik
Designation: Operations Manager
Name, designation, address and phone number of nodal Address: 01, AWFIS, Space Solutions, 4th Floor, VIOS
(xiv) grievance redressal officer designated specifically to deal Towers, Off Eastern Express Highway, Sewri-
with FinTech/ digital lending related complaints/ issues Chembur Road, Mumbai, Maharashtra 400037
Email: gro@branch.co
Phone number: +91 8655937427
Detailed Repayment Schedule
Outstanding Instalment (in
Instalment No. Principal (in Rupees) Interest (in Rupees)
Principal (in Rupees) Rupees)
1 1500.0 1500.0 45.0 1545.0
Digitally accepted by Sachin Vinayak Rohankar. Terms Accepted at: 14/07/2024 15:06:39.
Device ID: faab72c9d341d211. IP Address: 152.59.12.162
