LOAN AGREEMENT

LOAN NUMBER 125116-4

CUSTOMER NAME / BORROWER SANTHOSH BHEEMESH

NBFC NAME / LENDER NAVIN Bros. Pvt. Ltd.

GENDER male

MOBILE NUMBER 9738271603

EMAIL ID santhosh.santha08@gmail.com

Karnataka, Bengaluru, 560072, Nagarbhavi 2nd Stage, 12th Main 9th

ADDRESS
Block, No 1114

PERSONAL LOAN (NON-MICROFINANCE WITH CUSTOMER

LOAN TYPE
HOUSEHOLD ANNUAL INCOME MORE THAN INR 3,00,000)

PROOF OF IDENTITY: PANCARD NUMBER BLVPB2700F

PROOF OF ADDRESS: AADHAR CARD NUMBER 655794812234

CUSTOMER BANK NAME SBI

CUSTOMER BANK ACCOUNT NUMBER 00000032479788293

IFSC OF CUSTOMER BANK SBIN0012661

REFERENCE NAME 1 Dad Hm

REFERENCE NAME 1 MOBILE NUMBER 9206790643

REFERENCE NAME 2 My Jio

REFERENCE NAME 2 MOBILE NUMBER 7892415381

DIGITAL LENDING APP (DLA) HTTPS://LENDPLUS.IN/ (WEBSITE

/ MOBILE APPLICATION) MANAGED BY LENDING SERVICE
PLATFORM NAME
PROVIDER (LSP) AVENTUS TECHNOLOGY INDIA PRIVATE
LIMITED

I / We further acknowledge, understand, and agree that Lender has adopted risk-based pricing, which is arrived by taking into account, broad parameters
like my financial and credit profile. I arrived at understanding all the terms listed in Loan Agreement and hereby apply for disbursement of the said Loan
to Lender.

I agree to have submitted the following documents for availing of Loan,

1. PROOF OF IDENTITY: PANCARD

2. PROOF OF ADDRESS: AADHAR CARD
3. INCOME PROOF: BANK STATEMENT
4. ANY OTHER DOCUMENT AS REQUESTED BY LENDER
 KEY FACT STATEMENT: SANCTION LETTER & TERMS OF
SANCTION
LOAN TYPE: PERSONAL LOAN (NON-MICROFINANCE WITH CUSTOMER HOUSEHOLD ANNUAL INCOME MORE THAN INR 3,00,000)

NAME OF REGULATED ENTITY / NBFC /LENDER- NAVIN BROS. PVT. LTD.

1 DATE OF LOAN APPLICATION 20/02/2023

2 LOAN APPLICATION NUMBER 64193

3 CUSTOMER NAME / BORROWER SANTHOSH BHEEMESH

4 GENDER male

5 MOBILE NUMBER 9738271603

6 EMAIL ID santhosh.santha08@gmail.com

7 ADDRESS Karnataka, Bengaluru, 560072, Nagarbhavi 2nd Stage, 12th Main 9th Block, No 1114

PERSONAL LOAN (NON-MICROFINANCE WITH CUSTOMER HOUSEHOLD

8 LOAN TYPE
ANNUAL INCOME MORE THAN INR 3,00,000)

9 PANCARD NUMBER BLVPB2700F

10 AADHAR CARD NUMBER 655794812234

11 CUSTOMER BANK NAME SBI

12 CUSTOMER BANK ACCOUNT NUMBER 00000032479788293

13 IFSC OF CUSTOMER BANK SBIN0012661

14 REFERENCE NAME 1 Dad Hm

15 REFERENCE NAME 1 MOBILE NUMBER 9206790643

16 REFERENCE NAME 2 My Jio

17 REFERENCE NAME 2 MOBILE NUMBER 7892415381

18 NBFC NAME / LENDER NAVIN Bros. Pvt. Ltd.

Digital Lending App (DLA) https://lendplus.in/ (WEBSITE / MOBILE

19 PLATFORM NAME APPLICATION) Managed by Lending Service Provider (LSP) Aventus Technology
India Private Limited

LOAN SANCTION AMOUNT /

DISBURSEMENT TO CUSTOMER ACCOUNT
20 INR 2000
WITH US (AMOUNT TO BE DISBURSEMENT
TO THE BORROWER LOAN ACCOUNT)
UPFRONT FEE CHARGES PAYABLE BY
21 NIL
CUSTOMER

NET DISBURSED AMOUNT TO CUSTOMER

22 INR 2000
BANK ACCOUNT

PRINCIPAL INR 2000

ALL IN COST FOR LOAN APPLICATION /
23 BREAKUP OF EACH COMPONENT TO BE INTEREST INR 120
GIVEN
SERVICE FEE INR 840

TOTAL INTEREST CHARGES DURING THE

24 INR 120
ENTIRE TENURE OF THE LOAN

ANNUAL PERCENTAGE RATE(APR) -

25a EFFECTIVE ANNUALISED INTEREST RATE IN 194.67%
% TERM (interest plus Service Fee)

ANNUAL PERCENTAGE RATE(APR) -

EFFECTIVE ANNUALISED INTEREST RATE IN
25b 238.67%
% TERM (interest plus Service Fee plus Late
Payment Fee)

ANNUAL PERCENTAGE RATE(APR) -

EFFECTIVE ANNUALISED INTEREST RATE IN
25c % TERM (interest plus Service Fee plus Late 249.67%
Payment Fee plus Auto Debit Bounce Fee)

26 LOAN TENURE (DAYS) 90

REPAYMENT FREQUENCY BY THE

27 ONE TIME PAYMENT / MONTHLY
BORROWERR

28 NUMBER OF INSTALMENT FOR REPAYMENT 3

03/22/2023 INR 1222.28

INSTALMENT AMOUNT PAYABLE BY
29 CUSTOMER (25 & 30 ARE REPETATION, to 04/21/2023 INR 1037.06
check)
05/21/2023 INR 851.86

INTEREST TYPE APPLICABLE FOR LOAN

30 FIXED
ACCOUNT

APPLICABLE INTEREST RATE IN % PER

31 37%
ANNUM

32 DETAILS ABOUT CONTINGENT CHARGES, OVER AND ABOVE THE ONE WHICH IS MENTIONED HEREINABOVE

NO PREPAYMENT FEE SHALL BE CHARGED.

a) PREPAYMENT FEE ONLY RECEIPT OF ACCRUED INTEREST AND SERVICE FEE SHALL BE
CHARGED AT THE TIME OF PREPAYMENT.

FEE REFUNDABLE IF LOAN NOT

b) NO FEES BEING CHARGED
SANCTIONED / DISBURSED

44%*
RATE OF ANNUALISED LATE CHARGES IN
c) * The above rate of annualised late charges in case of delayed payments is included in
CASE OF DELAYED PAYMENTS
the APR computation mentioned in clause 25b

LATE FEE
MIN MAX LATE FEE
(WITH GST)
₹1 ₹ 5,000 ₹ 20 ₹ 24
₹ 5,001 ₹ 10,000 ₹ 40 ₹ 47
₹ 10,001 ₹ 15,000 ₹ 60 ₹ 71
d) LATE PAYMENT FEE TABLE LATE FEE
₹ 15,001 ₹ 20,000 ₹ 80 ₹ 94
₹ 20,001 ₹ 25,000 ₹ 100 ₹ 118
₹ 25,001 ₹ 30,000 ₹ 120 ₹ 142

LATE FEE CHARGED FOR EACH DAY OF DEFAULT FOR A MAXIMUM OF

30 CALENDAR DAYS AFTER TWO DAYS OF GRACE PERIOD AFTER THE
DUE DATE

11%*
RATE OF ANNUALISED BOUNCE CHARGES
e) IN CASE OF NON-PAYMENT OF REPAYMENT * The above rate of annualised late charges in case of delayed payments is included in
AMOUNT ON DUE DATE the APR computation mentioned in clause 25c

BOUNCE FEE
MIN MAX BOUNCE FEE
(WITH GST)
₹1 ₹ 5000 ₹ 100 ₹ 118
₹ 5,001 ₹ 10,000 ₹ 200 ₹ 236

AUTO DEBIT ₹ 10,001 ₹ 15,000 ₹ 300 ₹ 354

f) AUTO-DEBIT BOUNCE FEE TABLE
BOUNCE FEE ₹ 15,001 ₹ 20,000 ₹ 400 ₹ 472
₹ 20,001 ₹ 25,000 ₹ 500 ₹ 590
₹ 25,001 ₹ 30,000 ₹ 600 ₹ 708

AUTO DEBIT BOUNCE FEE IS A ONE TIME FEE WHICH IS CHARGED FOR
NOT MAKING THE FULL REPAYMENT ON THE DUE DATE

DETAILS OF SECURITY / COLLATERAL

33 NONE
OBTAINED
 LOOKUP / COOL OF PERIOD
34 DISBURSEMENT CALENDAR DATE PLUS ONE CALENDAR DATE
BORROWER CAN REPAY THE PRINCIPAL
AMOUNT WITHOUT ANY INTEREST OR
OTHER APPLICABLE CHARGES

ONLY THE PRINCIPAL AMOUNT

AMOUNT PAYABLE DURING LOOKUP /
35
COOL OF PERIOD BORROWER CAN REPAY THE PRINCIPAL AMOUNT WITHOUT ANY
INTEREST OR OTHER APPLICABLE CHARGES

36 DIGITAL LENDING APP (DLA) https://lendplus.in/ (WEBSITE / MOBILE APPLICATION)

DETAILS OF LENDING SERVICE PROVIDER

(LSP) ASSISTING NAVIN BROS PVT LTD
37 WITH CUSTOMER ON-BOARDING, Aventus Technology India Private Limited
CUSTOMER SERVICE AND CUSTOMER
REPAYMENTS

FINTECH GRIEVANCE REDRESSAL OFFICER

OF LSP

MR PUSHKAR PRASAD, DIRECTOR

512/10, SY 10 OUTER RING ROAD, MAHADEVAPURA,

NAME, DESIGNATION, ADDRESS AND BANGALORE, Bengaluru (Bangalore) Urban, Karnataka, 560048
PHONE NUMBER OF NODAL GRIEVANCE
REDRESSAL OFFICER DESIGNATED +91 8951719911
38
SPECIFICALLY TO DEAL WITH FINTECH / PUSHKAR.PRASAD@AVENTUSGROUP.COM
DIGITAL LENDING RELATED ISSUES /
COMPLAINTS OF NBFC

Mr. Sumit, CC Executive,

Address - 1 kyd street, Kolkata 700016 -

Ph No.: 7003039364 /

sumit@navinbros.in

SERVICE LOAN APR%

INSTALMENT OUTSTANDING PRINCIPAL INTEREST INSTALMENT
FEE (INTEREST +
DUE DATE PRINCIPAL AMOUNT AMOUNT AMOUNT
AMOUNT SERVICE FEE)

03/22/2023 2,000.00 666.68 60.00 420.00 1,222.28

04/21/2023 1,333.32 666.66 40.00 280.00 1,037.06 194.67%

05/21/2023 666.66 666.66 20.00 140.00 851.86

The sanction of loan as specified above is however subject to the fulfilment of the following:

Digitally acceptance by applicant / co applicant / guarantor of the loan agreement acknowledging having read and understood the same.

Submission by you Post-dated cheques towards repayment of EMI or submission of requisite ECS mandate/Standing Instruction as to appropriate towards
repayment of loan repayment.

The ECS mandate/Post-dated cheques / PDC/ Auto-Debit using Payment Gateway of your loan repayment should be from your Bank Account No. as
indicated in your loan application and mentioned here in above.

Additionally, please note,

1. Daily Interest Rate will only be charged during the term of the loan as agreed at the time of loan origination.
2. Daily Service Fee will only be charged during the term of the loan as agreed at the time of loan origination.
3. Service Fee will be accrued in a block of 15 Days on a 60 day and 90-day tenor. Service Fee will be accrued in a block of 10 Days for loans with
less than 60-day tenor. For example,
a. On a 60-day or 90 Day loan tenor, if loan is paid off on 8th Day of loan tenure, then 15 Days of Service fee plus applicable GST for the
applicable instalment will be assessed.
b. On a 30-day or less tenor, if loan is paid off on 15th Day of loan tenure, then 20 Days of Service fee plus applicable GST for the applicable
instalment will be assessed.
4. Interest Amount is accrued in a block 30 days if loan tenor is 30 days or more. It will be accrued for the tenor of loan if the loan tenor is less than
30 days.
a. On a 60-day or 90 Day loan tenor, if loan is paid off on 8th Day of loan tenure, then 30 Days of Interest Amount for the applicable instalment
will be assessed.
 b. On a 25-day loan tenor or less, if loan is paid off on 15th Day of loan tenure, then interest amount will be charged for the loan tenor defined
at the time of loan origination.
5. Late Payment Fee will only be charged on the Principal Outstanding as of Loan repayment date.
6. If the customer is unable to make the payment on due date, customer would be given 2 days of grace period to make the payment, post which
customer would be charged Late Payment fee daily for a maximum of 30 days post the grace period expires. No Interest amount or Service Fee
would be assessed to the customer after the due date of the loan.
7. No Late Payment Fee will be charged during the Grace period.
8. If the customer makes the payment on the instalment due date or does not make the payment on the instalment due date, necessary reporting of loan
status will be done to all applicable Credit Bureaus as per the True status of the loan.
9. For above loan being source by Lending Service Provider (LSP) Aventus Technology India Private Limited / Digital Lending App (DLA) used is
{https://lendplus.in/} and the same are also entrusted as first point of contact for loan servicing and collections and customer confirms that he is
willing to be served using the LSP named above.
10. Customer understand that the LSP will be retaining only the basic data of the customer (Name, Address, Phone No, Email id, Loan Account
No/amount/tenure/ EMI, etc) and all the customer documents and financial data will be stored securely by the NBFC only.
11. Further it's to be noted that the abovementioned LSP has also been given responsibility to act as Loan Recovery Agents for and on behalf of our
NBFC for your loan account. They will abide by the loan recovery policy being framed by our Board and all recovery will be done based on the
same. No harsh measures will be taken. In case any borrower feel he's aggrieved by the actions of the agent, they can approach the customer
connect points as per Grievance redressal process.
12. Exclusive Jurisdiction for any dispute / complaint relating to above loan or actions arise therefrom shall be courts at Kolkata for both Civil and
Criminal.
13. Customer can anytime check various policies and more product detail at
a. Lender Product details at https://prod-in-lendplus-wp.storage.googleapis.com/wp-content/uploads/2021/08/21121541/Rates_terms.pdf
b. Lender Policies at https://navinbros.in/policies
c. LSP / DLA at https://lendplus.in/
d. LSP privacy policy at https://prod-in-lendplus-wp.storage.googleapis.com/wp-content/uploads/2021/08/21121541/Privacy_policy.pdf
e. NBFC Privacy Policy at https://navinbros.in/policies-3-2-2-2-2-2-2.
14. All disbursements and repayments will be done to/from the Lender account, customers are advised not make any payments to non-Lender Account
in any circumstances. All the fees payable to LSP will be paid directly by Lender.
15. The following information was provided / collected during loan application from you with your permission and are stored with NBFC:
a. Your Personal Details i.e., Name, Present Address, DOB, Income
b. Your Present Location (using GPS); Your Picture (using camera),
c. Pan Number, address proof (Aadhar Card)
d. Bank details
e. Bank Statements
f. Name of 2 references who will be used as alternative contact number if you are not contactable on your primary contact number
g. OTP verification for authenticity of Mobile No being used and IP
h. Mobile details like IMEI No and model
i. Browser hash
16. Repayment as per the above repayment plan can be done by way of payment through,
a. Auto-Debit
b. Debit card - https://lendplus.page.link/install
c. UPI - https://lendplus.page.link/install
d. Netbanking - https://lendplus.page.link/install
 GRIEVANCE REDRESSAL MECHANISM
Customers are free to bring any Grievance to the notice of the following officers which will be dealt in best possible manner:

Grievance Redressal Officer to deal with Fintech / Digital lending of LSP

Customer care No: +91 9513310814

Customer Care email id: care@lendplus.in
Nodal Grievance Redressal Officer: PUSHKAR PRASAD
Ph No: +91 8951719911
Email id: PUSHKAR.PRASAD@AVENTUSGROUP.COM

Any unresolved complaint should be brought to notice of Customer Service Department of the NBFC at,

Ph No: +91 7003039364

Email Id: cc@navinbros.in

In case the complaint is not resolved within a period of one month or if he/she is not satisfied with the solution provided by the NBFC or its partner, the
customer can approach the Complaints Redressal Officer as per followings:

First Level Grievance Redressal Officer: Mr. Sumit

Ph No: +91 7003039364
Email Id: sumit@navinbros.in

In case the complaint is not resolved within a period of one month or if he/she is not satisfied with the solution provided, the customer can approach

Second Level Grievance Redressal Officer: Mr Shib

Ph No: +91 86977 44441
Email Id: shib@navinbros.in

Incase the Complaint want to send physical complaint, he can send the same at following address of the company,

Navin Bros. Pvt. Ltd.

Palace court, 1st Fr, FL-43,

1 kyd street, Kolkata 700016

If the complaint/ dispute is not resolved within 1 month customer may prefer complaint with regulator under the Reserve Bank Integrated Ombudsman
Scheme (RB-IOS)

https://cms.rbi.org.in/

For any further clarifications regarding your loan, please feel free to call us. It would be a pleasure to assist you.

Contact point for any information regarding this loan & for any service-related queries please call us at +91 9513310814 or you can email us at
care@lendplus.in If you have any grievances, please do not hesitate to write us on grievance@lendplus.in

Please be advised that the Lender reserves the right to cancel / withdraw this sanction letter at its sole discretion with or without any reason thereto before
the disbursement.

Assuring you of our best services always

Your faithfully,

NAVIN Bros. Pvt. Ltd

(DSC of Credit Manager of Navin)

 SELF DECLARATION
I, agree to be bound by the Standard Terms for the purpose of the Loan The Borrower represents that (i) he/she has not been declared insolvent nor have
any insolvency/ bankruptcy proceeding been initiated against the borrower; and

(ii) information furnished in Loan Application while applying for this loan is true and correct. The Borrower has no objection to Lender and/ or its group
companies and/ or its agents providing the borrower information on various products, offers and services provided by Lender and/ or its group companies
through any mode (including telephone calls, SMSs/ emails, letters etc.) and authorize Lender and/ or its group companies and/ or its agents for the above
purpose. I confirm that laws in relation to the unsolicited communication referred in "National Do Not Call Registry" as laid down by 'TELECOM
REGULATORY AUTHORITY OF INDIA' will not be applicable for such information/ communication to me.

Borrower acknowledges the consent given by the Borrower and such third parties (as required) to Lender to obtain Borrower's KYC and credit related
information/documents from third parties including Unique Identification Authority of India, Credit Bureau's and Reserve Bank of India and/or any other
statutory authority or official of the Government of India and also further consents that Lender may, by its self or through authorized persons, verify any
information given, check credit references, employment details and obtain KYC related documents or credit reports to determine genuineness of the
Borrower and/or creditworthiness from time to time.

The Borrower further acknowledges the consent to Unique Identification Authority of India or RBI or such any other such third party consenting to
sharing of information with respect to the Borrower with Lender. Borrower has no objection to Lender or any of its subsidiaries exchanging and sharing
information with its affiliates, regulatory bodies, government and credit agencies and other such authority as may be required.
 STANDARD TERMS
1. The Borrower may apply for a loan by submitting the duly completed Application Form(s) and Lender may agree to grant such loan (has applied a
"Loan") subject to these terms and conditions ("Standard Terms"). I accept that the acceptance of application places no obligation on the Lender to
approve the Loan.
2. Definitions: "Account" means the bank account/any other relevant account where the Loan disbursement is requested and more specifically
provided under the Application Form; "Application Form" means the loan application form submitted by the Borrower to the Lender for applying
for this loan, together with all other information , particulars, clarifications and declarations, if any, furnished by the Borrower in connection with
this loan and sanctioned by the lender.; "Due Date" means such date on which loan repayment becomes due and payable under the terms of the
Transaction Documents as specified by the Lender; "Loan" means disbursement made under this Loan Agreement; "Tax" means any tax, Goods
and Service Tax ("GST"), levy, impost, duty or other charge or withholding of a similar nature (including any penalty or interest payable in
connection with any failure to pay or any delay in paying the same); and Capitalized terms not defined herein, shall have the meaning ascribed to
such terms under the Application Form; Loan Application Form, Standard Term, MITC is together referred as "Transaction Document".
3. The Lender at its sole discretion may agree to grant the Loan to the Borrower on the basis of the Application Form, KYC, Credit Reports and
Transaction Documents.
4. The Lender shall not be obliged to provide any written acceptance to Loan Application of the Borrower and may do so orally or by disbursement of
a Loan (or a part thereof). Grant of the Loan and acceptance of the Borrower's request shall be at the absolute discretion of the Lender and the
Lender shall not be required to notify any rejection of the Application Form to the Borrower.
5. In case of an Event of Default, Borrower will, to the extent permitted by law, be required to pay interest (before as well as after judgment/award) on
the overdue amount to the other party on demand, for the period from (and including) the original Due Date for payment to (but excluding) the date
of actual payment, at the Additional Rate of Interest.
6. The Borrower acknowledges and agrees that the rates of interest specified in the Transaction Documents are reasonable and that they represent
genuine pre-estimates of the loss expected to be incurred by the Lender in the event of non-payment by the Borrower; and the rate of interest
payable by the Borrower shall be subject to change prospectively based on the monetary policies as may be changed by the Reserve Bank of India
("RBI") and other factors impacting the interest rates. The Borrower shall bear all Taxes in connection with the Transaction Documents (as
applicable). If any such cost is incurred or paid by the Lender, Borrower shall forthwith reimburse the same. In the event of the Borrower failing to
pay the monies referred to above, the Lender shall be at liberty (but shall not be obliged) to pay the same by directly debiting the account of the
Borrower or otherwise subject to reimbursement of all costs I incurred by the Lender.
7. The Borrower shall make payment as per Due Date. The Borrower shall not prepay the outstanding principal amounts of any of the Loan(s) in full
or in part, before the Due Dates, except with the prior written consent of the Lender and subject to payment of pre-payment charges as specified in
the Transaction Documents or by the Lender., All payments shall be made in freely transferable funds without any set off, counter claim or any
deduction (except to the extent that the Borrower is required by law to make payment subject to any Tax deduction at source under the applicable
law). In case any such deductions are made the Borrower agrees to deliver to the Lender, within the statutory time frame prescribed under the law or
20 (twenty) days of the payment being made, whichever is earlier, satisfactory evidence that the Tax has been deducted at source and duly remitted
to the appropriate authority.
8. If the Borrower is on Auto-Debit repayment method, and borrower's repayment is not received on the due date, an Auto-Debit will be attempted
once again within 30 days of the due date of the repayment date.
9. Notwithstanding anything to the contrary, the Lender may at any time, recall any portion of the disbursed Loan on demand in its sole discretion,
whether during an Event of Default or otherwise. Upon such recall, the Loan and other amounts stipulated by the Lender shall be payable forth
with.
10. The Borrower makes the representations and warranties hereunder to the Lender for the entire tenure of the Loan, repeated on each day until the
arrangement is active, (i)The Borrower has the competence to enter into and perform under the Transaction Documents and to carry on its business
and operations as it is being or is proposed to be conducted; (ii) The Loan once granted by the Lender under Transaction Documents constitutes
legal, valid and binding obligations of the Borrower enforceable in accordance with their respective terms; (iii) The Borrower is in compliance with
all laws (including laws relating to environment, social and labor, Tax, anti-corruption and anti-money laundering, anti-bribery) applicable to the
Parties; (v) The Transaction Documents, do not and will not conflict with any law; or (b) with any document which is binding upon the Borrower or
any of its asset; (vi)The Borrower has a valid agreement with the Portal has not blacklisted/ delisted/ suspended or otherwise terminated such
arrangement; (vii) Except to the extent disclosed to the Lender, no litigation, arbitration, administrative or other proceedings nor has the Borrower
been declared to be a willful defaulter or a non-cooperative Borrower (vii) All information communicated to or supplied by or on behalf of the
Borrower to the Lender, are true and fair and correct and complete in all respects as on the date on which it was communicated or supplied; and (b)
Nothing has occurred since the date of communication or supply of any information to the Lender which renders such information untrue or
misleading in any respect. (viii) The Borrower shall provide and complete payment mandates, as and when requested by the Lender, to the Lender
or to the Delegate (ix) The Borrower shall not use the fund for purchase of gold in any form or bribe any person and (x) The Borrower shall ensure
that the obligations under the Transaction Documents shall at least rank pari passu with all its unsecured and unsubordinated obligations.
11. The Lender may also delegate to such person(s) the right and authority to perform and execute all such acts, deeds, matters and things connected
herewith, or incidental thereto, as the Lender may deem fit. The Borrower recognizes, accepts and consents to such delegation. The Borrower shall
ensure that all payment mandates including, electronic clearing service (ECS) or national automated clearing house (NACH) mandate or Auto-Debit
using Payment Gateway, if any, provided to the Lender or to the Delegate, are honored at all times and such mandates are not altered or amended
without prior permission of the Lender.
12. The Borrower shall, within three (3) Business Days of demand by the Lender, pay the amount of any Increased Costs incurred by the Lender as a
result of (i) the introduction of or any change in any law or regulation; (ii) compliance with any law or regulation made before or after the date of
relevant Loan or (iii) in the event of the Lender being called upon to pay any additional amount by its lending agency in terms of their respective
financing agreements) or (iv) on account of factors beyond the control of the Lender.
13. The Borrower shall, indemnify and keep the Lender harmless against any cost, loss, damages, expenses, liability (including without limitation,
liability under Tax laws whether in form of Tax, interest, penalty or otherwise or third-party claims (including legal fees) incurred by the Lender
arising out of or in connection with this loan and /or due to any breach under the Transaction Documents. The Borrower shall promptly notify the
Lender of any breach of any representations, warranties, covenants, undertakings or any other terms of these Standard Terms together with the steps
taken to remedy it. Upon the breach being reported, the Lender may, without prejudice to any of its rights under law or contract, in its sole
discretion recommend implementation of corrective measures to remedy such breach in a form, manner and time as may be necessary or desirable
to the Lender.
14. Notwithstanding any of the provisions of the Indian Contract Act, 1872 or any other applicable law or anything contained in the Transaction
Documents, the amounts repaid by the Borrower shall be appropriated first towards cost, charges and expenses and other monies; secondly towards
interest on cost charges and expenses and other monies; thirdly towards interest on the delayed payments; fourthly towards interest payable under
 the Transaction Documents and lastly towards repayment of any principal amounts. The Borrower shall from time to time, if required by the
Lender, provide security, in a form and manner satisfactory to the Lender.
15. The Lender reserves the unconditional right to cancel the loan sanctioned without giving any prior notice to the Borrower. The Parties further agree
that The Lender shall have the right to disclose or publish any information regarding the Borrower or guarantor(s) (if any) and any information and
documents that they might possess to: (a) any of its branches or with other banks, financial institutions, Credit Information Bureau of India Limited,
credit reference or rating agencies/bureaus or other individuals/entities either in response to their credit inquiries directed to the Lender or in the
event of the Borrower not complying with any terms and conditions herein or otherwise and (b) the Reserve Bank of India and/or any other
statutory authority or official of the Government of India or that of any other state.
16. Events of Default: The Borrower shall be deemed to have committed an act of default on the occurrence of inter- alia but not limited to, any one or
more of the following events (hereinafter referred to as "Event of Default"): (i) Default has occurred in the payment of any monies in respect of this
Loan on the due date (whether at stated Due Date, by acceleration or otherwise) under the terms of the Transaction Documents (ii) Default (other
than a payment default) has occurred in the performance of any covenant, condition, agreement or obligation on the part of the Borrower under the
Transaction Documents and such default has continued for a period of 10 (ten) days after notice in writing thereof has been given to the Borrower
or as the case may be, to such other person, by the Lender (except where the Lender is of the opinion that such default is incapable of remedy, in
which event, no notice shall be required). (iii) Breach of any representation, warranty, declaration or confirmation made or deemed to be made
under the Transaction Documents; (iv) Death of the Borrower or termination of the agreement between the Borrower and the Portal or blacklisting
from the Portal or the Security provided by the Borrower hereunder is under jeopardy. (v) The Borrower has, or there is a reasonable apprehension
that the Borrower would, voluntarily or involuntarily become the subject of proceedings under insolvency law; (vi) Borrower is unable or has
admitted in writing its inability to pay any of its indebtedness as and when they mature or become due upon becoming aware of the default the steps
(vii) An event of default howsoever described occurs under any agreement or any indebtedness of the Borrower becomes, or becomes capable at
such time of being declared, due and payable under such agreements before it would otherwise have been due and payable.
17. The Lender reserves the unconditional right to transfer the loan account to other parties / NBRC / ARC / third parties if it deems necessary.
18. Upon occurrence of any Event of Default the Lender shall be entitled at its absolute discretion to inter alia call upon the Borrower to pay forthwith
the outstanding balance of this Loan together with interest and all sums payable by the Borrower to the Lender; and call upon the Borrower to pay
all claims, costs, losses and expenses that may be incurred by the Lender because of any act or default on the part of the Borrower under the
Transaction Documents.
19. In the event, where the Borrower fails to provide necessary GST related details, the Lender shall consider the Borrower as unregistered under the
provisions of GST act and proceed accordingly. If there are any changes or modifications in GST related details of the Borrower, the Borrower shall
intimate to the Lender of such changes. On the date of receipt of such request, the Lender shall give a prospective effect to such request for changes
made by the Borrower. The Lender shall not be held responsible for any non-receipt/short receipt of GST credit if the Borrower or any person on
behalf of the Borrower. In the event the Lender issues a credit note in relation to charges levied, the Borrower shall reverse the GST input Tax
credit availed, if any, within the month in which the discrepancy is communicated. If the same is not rectified (for any reasons whatsoever), which
results in any additional liability (whether in form of Tax, interest, penalty or otherwise) for the Lender, the Borrower shall promptly pay and/or
reimburse such amount to the Lender.
20. Notice: Any notice or request to be given or made by a party to the other shall be in writing and email communication.
21. Arbitration: Any and all claims and disputes arising out of or in connection with the Transaction Documents or its performance shall be governed as
per Laws of India and settled by arbitration by a single arbitrator as per the Arbitration and Conciliation Act, 1996 and the venue of arbitration shall
be Kolkata.
22. The Lender may also delegate to such person(s) the right and authority to perform and execute all such acts, deeds, matters and things connected
herewith, or incidental thereto, as the Lender may deem fit. The Borrower recognizes, accepts and consents to such delegation. The Borrower, (for
its ease of operation and convenience) requests to the Lender that below mentioned functions may be performed through the Delegate (whether
through its technology solutions or otherwise), which the Lender may in its sole discretion choose to allow: (i) transmission of the Drawdown
Request from the Borrower to the Lender (ii) collection of certain deeds, documents, instrument or information and (iii) collection towards
repayments in a form and manner agreeable by the Lender. The Parties further agree that Borrower shall promptly provide upon request of the
Lender any further document/information as may be required by the Lender, including but not limited to the end user certificate and shall only use
the Facility for the Purpose.
23. Any additional payment made by Borrower shall be refunded back within 30 to 45 days post the reconciliation of the accounts has been completed
by Lender/DLA/LSP. Once the loan agreement has been executed and funds have been transferred to Borrowers verified bank account, the loan
request cannot be cancelled subject to cool off period as mentioned in Key Fact Statement. However, you can repay the loan early paying the
applicable Interest Fee, Service Fee, and applicable GST on Service Fee.
24. The Borrower shall not assign or transfer all or any of its rights, benefits or obligations under the Transaction Documents provided however that the
Lender may, at any time, assign or transfer all or any of its rights, benefits and obligations under the Transaction Documents.
25. In case of default committed by the Borrower, the Lender may also disclose and publish the information about the Borrower and its default with the
Lender in the public domain including through social media or share the same with any government or regulatory authority or the credit rating
agencies within India.
26. The Borrower acknowledges that any contract or arrangement between the Lender and any third parties are independent of these Standard Terms.
27. The Lender reserves the right to amend the terms of these Standard Terms (except amendment to Rate of Interest) by intimating the same to the
Borrower.
28. Borrower hereby acknowledges that the use of Borrower's Aadhaar number to establish Borrower's identity or to execute any documents, by
authentication or offline verification are voluntary and in compliance with "The Aadhaar and other Laws (Amendment) Ordinance,2019".
29. Borrower further understands that upon acceptance of Loan Agreement using OTP generated at your registered contact details (Registered Mobile
Number or/and Registered Email Id), will be treated as a legal and binding agreement created between us under the Indian Contract Act, 1972 read
with Information Technology Act, 2000
30. Borrower confirm that the Bank account in which loan was disbursed belong to him and post disbursement the same forms piece and parcel of this
loan agreement and to be marked as Annexure 2
31. Borrower confirms that he has read the Key Fact Statement along with other documents and clearly understand the repayment amount and Annual
Percent Rate (ARP) and contingent cost/fees he has to pay incase he fails to repay the loan as per repayment schedule.
32. Borrower understand that the present loan product is designed for Non Micro Credit Borrowers and confirms that his annual family Income is more
than Rs. 3,00,000/- and being eligible only he has applied for the present loan.
33. Borrower understand that he will be serviced by the Lending Service Provider (LSP) {Aventus Technology India Private Limited} / Digital Lending
App (DLA) used is { https://lendplus.in/} and incase customer is uncomfortable at any stage with services of LSP / DLA, he will request the lender
for change of LSP / DLA in writing by writing email to cc@navinbros.in.
34. Borrower acknowledges and accepts the following documents which will also be forwarded to the registered email id of the borrower along with this
loan agreement:
a. Loan Sanction letter with Terms and Condition of loan
b. Terms and conditions of this Loan Agreement
c. Privacy Policy of NBFC: https://navinbros.in/policies-3-2-2-2-2-2-2
d. Privacy Policy of LSP: https://prod-in-lendplus-wp.storage.googleapis.com/wp-content/uploads/2021/08/21121541/Privacy_policy.pdf
 MOST IMPORTANT TERMS & CONDITIONS (MITC)
We refer to the application form dated ("Application Form") for grant of this Loan and sanction letter dated

The Borrower acknowledges and confirms that the information mentioned in Online Loan Application Form which has been requested by the Borrower
through https://lendplus.in/ (WEBSITE / MOBILE APPLICATION) (Digital Lending APP / DLA) using the Borrower's account are the most important
terms and conditions in the application for this Loan.

The Borrower understands that the Lender has adopted risk-based pricing, which is arrived by taking into account, broad parameters like the customers
financial and credit profile. Applicable interest rates are arrived at taking into account the prevailing market rates at the time of sanctioning. The
Borrower acknowledges and confirms having received a copy of each Transaction Document and agrees that this letter is a Transaction Document.
 DEMAND PROMISSORY NOTE
DATE: LOAN ORIGINATION DATE

I, the (Customer Name), hereby promise and undertake to pay Navin Bros Pvt. Ltd. (the Lender) or its order, unconditionally and on demand, the
principal amount of Rupees INR (Total Repayment amount i.e. total EMI), for value received.

I further undertake to repay the principal amount and applicable interest and service fees (plus applicable GST on service fees) mentioned in full by (last
Repayment date).

Provided however, the Lender or its order shall be entitled to: (a) give notice of its intention to demand and charge penalties, charges and other levies as it
may specify and notify from time to time, and/or (b) reduce the principal amount repayable under this promissory note by me.

Yours Faithfully,
 DECLARATION NOTICE
I (Customer Name), holding PANCARD number and Aadhar Card number hereby state and declare that:

1. I have been read out and explained, in the language known to me, the contents of the loan documents and other documents incidental to availing the
loan from Navin Bros. Pvt. Ltd.
2. I have signed the aforesaid documents after understanding each of its terms and conditions.

Yours Faithfully,
 ESCALATION MATRIX
For any Service-related queries please email us at care@lendplus.in or call us at +91 9513310814

If you have any grievances, please do not hesitate to write us on grievance@lendplus.in

For 1st level Escalation of Complaint, you can write to us at navinfintech@gmail.com For 2nd level Escalation of Complaint, you can write to us at
brosnavin@gmail.com
 ACKNOWLEDGEMENT
The Lender acknowledges receipt of your Application Form together with the Standard Terms. We will revert with status of your application within five
(5) working days. This is subject to you furnishing all the necessary documents as mentioned in the Application Form or as communicated to you by
Lender to its satisfaction, during the loan appraisal process.