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OneCard Settlement Agreement Notice

The document discusses settling credit card dues through a one-time payment. The cardholder owes Rs. 26,238 but can settle for Rs. 4,400 to be paid by May 17th. Terms include withdrawing legal cases, updating credit reports, and consequences of defaulting.

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0% found this document useful (0 votes)
82 views3 pages

OneCard Settlement Agreement Notice

The document discusses settling credit card dues through a one-time payment. The cardholder owes Rs. 26,238 but can settle for Rs. 4,400 to be paid by May 17th. Terms include withdrawing legal cases, updating credit reports, and consequences of defaulting.

Uploaded by

Msti time
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

Private and Confidential

Date: 13-05-2024

Cardmember: Anurag Singh

Subject: Settlement of dues pertaining to your OneCard credit card

270884XXXXXXXX5242 issued with SIB

Kind Attn: Anurag Singh,

As per your discussion with One Card Representative on 13-05-2024, you had

acknowledged that as per your last statement, an amount of 2,6238.000 (Rupees


TWENTY SIX THOUSAND TWO HUNDRES THIRTY EIGHT Only) is due and

payable. You had also informed us that you are unable to repay these dues on account
of financial issues and hence, requested us to consider settle the dues for a lower

amount than that mentioned in the statement.

As an exception, we have considered your request and have agreed to settle

your dues at 4400.0 (Rupees FOURTY THOUSAND FOUR HUNDRED Only). This
settlement

amount must be paid by you as 1 installment(s) from your OneCard app. Below is
your payment schedule

Sr No Date Amount
1 2024-05-17 4400
This settlement is being granted on your assurance to comply with below terms as an
exceptional case and is valid only till 17-05-2024. Your OneCard account will be

closed only after the agreed settlement amount is received by us withinthe agreed
timeframe.

We have enclosed an annexure with important terms for your reference. This
communication is in reference to your OneCard credit card 270884XXXXXXXX5242
issued with SIB only and supersedes all previous offers made on this account. This
settlement is being offered to you solely at your request and as per your financial
circumstances. Please maintain the confidentiality of this letter, or else it will be
withdrawn. Kindly sign the attached copy of this letter as a token of your acceptance of
the above terms

In case of any queries, you can call us on Repayments 9988871111 or reach out to us
here .

Sincerely, Team
OneCard

Received, Accepted and Signed by NIKHAR ALI on his own will, free

consent, and volition.

Date: 13-05-2024

Annexure

Terms:
1. Legal cases/complaints: Any legal proceedings or complaints initiated or lodged by you or on your

behalf against the company and/or its employees, officials and representatives shall be withdrawn

unconditionally with immediate effect from the date of this settlement letter.

2. Credit bureau records: As per an initiative of the Government of India and the Reserve Bank of

India, your credit history is provided by us to credit bureaus on a regular basis. Once you pay the

settlement amount, this account status will be updated as “Settled” with NIL outstanding in bureau

records as per the provisions of the Credit. Information Companies Regulation Act 2005, within

30 days from the date your payment is received.

3. Default in payment: In case of any default from your side towards payment of this settlement

amount, this settlement offer shall stand null, void and withdrawn, along with any concessions

granted. In such circumstances, you are liable to pay the entire outstanding amount immediately

as per the statement of account. We take appropriate measures to recover the entire outstanding

dues by initiating both civil and criminal proceedings as per the terms and conditions of this

settlement as well as the OneCard terms.

FPL Technologies Pvt. Ltd.


SN127, Mahavir Park Society,
Website : [Link]
Opposite Sarjaa Hotel, Aundh,
Pune - 411007.

* This is computer generated letter and does not require signature.

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