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Vehicle Loan Sanction Notification

HDFC Bank has sanctioned a vehicle loan of Rs. 10.60 lakhs to Shree Nath Honey Trading Company for the purchase of a 2015 Tata 1109 from Pasco Motors. The loan amount of Rs. 10,57,288 will be disbursed within four working days of receiving the invoice, insurance documents, and margin amount from Pasco Motors. Pasco Motors must provide the original invoice, RC book copy, insurance cover note naming HDFC Bank as hypothecation holder, and margin receipt to HDFC Bank.

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Jasveer Kaur
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33 views1 page

Vehicle Loan Sanction Notification

HDFC Bank has sanctioned a vehicle loan of Rs. 10.60 lakhs to Shree Nath Honey Trading Company for the purchase of a 2015 Tata 1109 from Pasco Motors. The loan amount of Rs. 10,57,288 will be disbursed within four working days of receiving the invoice, insurance documents, and margin amount from Pasco Motors. Pasco Motors must provide the original invoice, RC book copy, insurance cover note naming HDFC Bank as hypothecation holder, and margin receipt to HDFC Bank.

Uploaded by

Jasveer Kaur
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as RTF, PDF, TXT or read online on Scribd

HDFC BANK LTD

Sourcing Location : DEHRADUN


To ,
PASCO MOTORS

Date:31/10/2015
Dear Sir ,
We hereby inform you that we have sanctioned a vehicle to
sanctioned is 10.60L

SHREE NATH HONEY TRADING COMPANY

The schedule of payment is given below


sr. No.
Date of Disbursement
01
With in Next FOUR working day after receiving
the Invoice, Insurence and Margin
Particulars of Vehicle
:TATA 1109
Manufacturer
: TATA MOTORS
Model
: 2015
invoice
:1240000/Engine No
:
Amount Calculated as follows :
Loan Amount
Margin money to Dealer
Less : SUBVENTION Adjusted
Less : Advance EMI
LESS : Others
Amount Issued

Favouring

Chassis No

and the Loan Amount

Amount
-

Rs 1060000/Rs 180000/Rs NA
Rs NA
Rs 2712/Rs 1057288/-

Invoice to be raised as mentioned below


Sold To
SHREE NATH HONEY TRADING COMPANY

Address to Register
Hypothecation

SAHARANPUR
HDFC BANK LTD

Please send the following Documents to our office .


1. Original Invoice
2. Photocopy of RC Book
3. Copy of Comprehensive Insurance Cover Note with our Hypothecation ( Attested by authorised person)
4. Margin money Receipt (Original or attested by Authorised person)
Please acknowledge a Copy of this letter in acceptance of the Terms & Conditions mentioned overleaf.
Thanking you ,
Your Faithfully
For HDFC Bank Ltd

Avijeet verma

9897598132
( Authorised Signatory )

Acknowledgment of Dealer

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