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Scan 3 Mar 2020

This document is a letter authorizing Home Credit India Finance Private Limited to debit the signer's bank account for loan repayment through direct debit/ECS. It allows HCIN to collect monthly installments, penalties, and other amounts due for any loans obtained from HCIN. It provides HCIN the bank account details and authorizes the bank to debit the account for loan repayments and any charges. The mandate will remain valid until all loan amounts are repaid to HCIN's satisfaction.
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0% found this document useful (0 votes)
78 views1 page

Scan 3 Mar 2020

This document is a letter authorizing Home Credit India Finance Private Limited to debit the signer's bank account for loan repayment through direct debit/ECS. It allows HCIN to collect monthly installments, penalties, and other amounts due for any loans obtained from HCIN. It provides HCIN the bank account details and authorizes the bank to debit the account for loan repayments and any charges. The mandate will remain valid until all loan amounts are repaid to HCIN's satisfaction.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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HOME , ECS/NACH/Direct Debit Mandate

CREDIT HOME CREDIT INDIA FINANCE PRIVATE UMITED


ilri!lilil l ilfl l l ~l l l;/1~1~~!~ll l l l l1l l~lil l ~
*v'0 2DD4 002601062 0 i *
Tel:+91 0124-662-8888, Fax:+91 124 4907650, Email:care@homecredit.co.in, Web:www.homecredit.co.in

To: National Payment Corporation of India

CC: Home Credit India Finance Private Limited

Dear Sir/ Madam,

In order to ensure timely repayment of the amount(s) of the Loan , Monthly Instalment, penalties , costs and/ or any other outstanding
amount(s) due (together to be called Due Amount) in respect of the Loan(s) obtained from Home Credit India Finance Private Limited
('HCIN') from time to time, I hereby authorise HCIN to submit the Mandate , duly signed by me , before the bank with whom I have the
bank account, details of which are provided to HCIN for the purpose of debiting my said bank account.

In case I obtain more than one Loan from HCIN and chooses to make the repayment under all such Loan(s) by debiting the bank
account, details of which are provided in the Mandate, I confirm that my said bank account can be debited as and when this Mandate is
presented by HCIN on or after respective Due Dates of Monthly lnstalment(s) of each such Loan until all the amounts due and payable
in respect of all such Loan(s) are duly paid by me. I also authorize the bank and HCIN to debit my bank account for charges towards
mandate verification and transactions bounced due to "insufficient funds" as applicable.

I hereby confirm that the particulars of bank account provided by me are correct and complete. If the transaction is delayed , or not
effected at all, for reasons of incomplete or incorrect information , I would not hold the user institution and/ or HCIN responsible .

! further undertake that the Mandate given by me shall remain v.atid and bindir:g until all the D-ue Amount are duly paid to the satisfaction
of HCIN and that I shall not initiate any step/ action leading tci cancellation of Mandate , or closure of bank account or for dishonour of
Mandate without prior approval in writing from HCIN.

Ifurther acknowledge that in order to verify my Bank Account details, HCIN shall be crediting a penny amount in my Bank Account.
Upon verification , HCIN shall use the Bank Account for the requisite purposes as agreed in Loan Documents

Thanking you,
ifJr) . /7 -· • . ,

Name: _ _ _ _ _ _ _ __
Signature: -~=--------

xxxxx
HOME ECS/NACH/Direct Debit Mandate ACH-TPL
CREDIT
Tid,.(v'; UMRN I I I I I I I I ! I I I I I I I I I I I I IDate [ili] @TIJ [i[ili@J
J J

CREATE Spo nsor Bank Code !I CIOTREAOO I Utility Code ICIC00261000001992


M001FY INve hereby authorize !HOM ECRI NOFINPVTLTD I to debit (t,ck\0 SB/lA/CC/SB-NHE/Stl-NHO/Other
CANCEL
Banka/cnumber: 6Ii}9!ololal2l217l91I I I I I I I Iii I I I I I I I I I I I I I I [[I LJ
with Bank fN DIAN BANK IIFSC I I I I I I I I I ITJ orMICR 14 15 121°11 191°1°171I I
an amount of Rupees I Six Thousand Six Hundred Ninety Nine 11 ~ 6,699.00 1
FREQUENCY refMthly C Otly OH-Yrly !] As & when presented DEBIT TYPE D Fixed Amount ~Maximum Amount
Reference 1 l40026D106201 Phone No.
Refe rence 2 Email ID
~==========;
I agree ror me debit of mandate processing charges cy the bank whom I am auihoriz1ng to debit my accoun1as per latest schedule or charges of tile banK.
PERIOD- - - - - - - - ~
From @rn[QJ_4ll2[0 [2 J6]
To
Or
COIT I I
5lUntil cancell ed
! I 1
~
1. Gokul das 3. _ _ __ _ __ __
2. - - - - - - - - -
Trvs,. to coofinn that lh6 declaraf,on has been carelully read undersitlod & rnada by me/us I am aurhonZlng lhe Userent11y, Corporace to deo,t my aa:ount baoed on tile n1siructlo-..as agre,,d '"'d S>,Jno,1 b\ ,,,~
-I ha't'e unde<stoocl thal I am authorised to cancel/ amend this mandate by appropnal~ly commumcating the cancellaUOn/ amendment request to the User erit1ty/ Corporale or the bank 1,vhere I I\Jve .1uthON.t.-d tho Oi!btL

XX-XX

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