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    Welcome Letter

    Uploaded by

    Akash Singh
    1) Mr. Ajay Kumar Singh has taken a two-wheeler loan of Rs. 86,909 from Hero FinCorp Ltd. 2) The loan details, repayment schedule, and contact details are provided to help Mr. Singh track his loan and EMIs. 3) Mr. Singh is requested to make timely EMI payments as per the repayment schedule to avoid penalties. He can contact Hero FinCorp through their app, WhatsApp number, phone number or email for any loan-related queries.

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    Welcome Letter

    Uploaded by

    Akash Singh
    617 views4 pages
    1) Mr. Ajay Kumar Singh has taken a two-wheeler loan of Rs. 86,909 from Hero FinCorp Ltd. 2) The loan details, repayment schedule, and contact details are provided to help Mr. Singh track his loan and EMIs. 3) Mr. Singh is requested to make timely EMI payments as per the repayment schedule to avoid penalties. He can contact Hero FinCorp through their app, WhatsApp number, phone number or email for any loan-related queries.

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    Loan Hero Fincorp

    Original Title

    Welcome Letter (1)

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    1) Mr. Ajay Kumar Singh has taken a two-wheeler loan of Rs. 86,909 from Hero FinCorp Ltd. 2) The loan details, repayment schedule, and contact details are provided to help Mr. Singh track his loan and EMIs. 3) Mr. Singh is requested to make timely EMI payments as per the repayment schedule to avoid penalties. He can contact Hero FinCorp through their app, WhatsApp number, phone number or email for any loan-related queries.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    617 views4 pages

    Welcome Letter

    Uploaded by

    Akash Singh
    1) Mr. Ajay Kumar Singh has taken a two-wheeler loan of Rs. 86,909 from Hero FinCorp Ltd. 2) The loan details, repayment schedule, and contact details are provided to help Mr. Singh track his loan and EMIs. 3) Mr. Singh is requested to make timely EMI payments as per the repayment schedule to avoid penalties. He can contact Hero FinCorp through their app, WhatsApp number, phone number or email for any loan-related queries.

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    To, Date- 28-06-2023

    MR.AJAY KUMAR SINGH


    WARD NO 21 BARIHAT LAXMI MANDIR PO- PURNIA THANA K HAT PURNIA
    WARD NO 21 PURNIA MO NO 8210990835 MO NO 9122634000
    PURNIA
    PURNIA-854301
    BIHAR
    9661494045

    Subject: Welcome to Hero FinCorp Family

    Reference Your Two Wheeler Loan Account No. PRATWL00100007953830

    Dear MR.AJAY KUMAR SINGH,

    We welcome you to Hero FinCorp Limited "HFCL" and wish to thank you for choosing us as your preferred Financial
    Institution.

    We are pleased to confirm that your loan amount mentioned in Schedule 1 has already been disbursed as per your request.
    We are delighted to provide solutions to your financial needs and hope to make your experience a memorable one.

    For your ready reference, we enclose the documents pertaining to your Two Wheeler Loan in the following schedule;

    Schedule 1 - Your loan details for future reference


    Schedule 2 - The Repayment Schedule for your loan, which will assist you in tracking the EMI Due Dates and
    Outstanding Loan Amount
    Annexure - Charge Schedule
    We look forward to an excellent relationship with you ahead.

    For any queries related to your loan relationship, please contact us on the below mentioned channels:

    1. Hero Fincorp Service Mobile App-


    Android : - https://play.google.com/store/apps/details?id=com.customer.herofincorp&hl=en

    IOS : - https://apps.apple.com/us/app/hero-fincorp-servicing-app/id1510121935

    2. Hero Fincorp WhatsApp Service Number- (9289386204)

    WhatsApp Link: https://wa.me/919289386204?text=Hi

    1800-102-4145

    customer.care@herofincorp.com

    Write to us:
    Hero FinCorp Limited,
    A-44, Mohan Co-Operative Industrial Estate,
    Mathura Road,
    New Delhi - 110044
    India

    THIS IS A COMPUTER GENERATED LETTER, HENCE DOES NOT REQUIRE SIGNATURE

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774
    Schedule 1

    Please note that as per the terms of the loan agreement signed between you and Hero FinCorp Ltd, repayment shall be
    made through EMIs

    The disbursement details are as follows:

    1 Application ID 23914633
    2 Loan Account Number PRATWL00100007953830
    3 Loan Amount (Rs.) 86,909.00
    4 Disbursal Date 2022-03-16
    5 EMI Amount (Rs.) 3,549.00
    6 EMI Start Date 2022-05-08
    7 EMI End Date 2024-04-08
    8 Gross Tenure (months) 30
    9 Net Tenure (months) 27
    10 Advance EMI Count 3
    11 Advance EMI Amount 10,647.00
    12 Rate of Interest (%) 8.99
    13 First EMI Due On 2022-05-08
    14 Maturity Date 2024-07-08
    15 Down Payment Amount (Rs.) 21,404.00
    16 Processing Fee (Rs.) 2,995.00
    17 PDC/ECS/ADM Charge (Rs.) 1300.00
    18 Document Charges (Rs.) 500.00
    19 Ex-Showroom Price (Rs.) 75,700.00
    20 On-Road Price (Rs.) 90,022.00
    21 Insurance Amount (Rs.) 5,873.00
    22 RTO Charges (Rs.) 7,949.00
    23 GST 0/-
    24 Vehicle Make DESTINI

    Please ensure your bank account has sufficient balance till your EMI is cleared for the month
    As mentioned in the loan agreement, all the repayment of dues will need to be paid by the due date to avoid bouncing and
    penal charges
    Incase your EMI is unfortunately returned unpaid from your banker then the same should be paid through the below
    mentioned channels
    A. Visit our website www.herofincorp.com or Click Here

    B. Collection representatives duly authorized by Hero FinCorp Ltd. Please insist for the cash payment receipt with Hero Fincorp
    Hologram on it from the representative against cash payment made.

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774
    Schedule 2
    Repayment Schedule Two Wheeler Loan Account No. PRATWL00100007953830

    Opening Principal Interest Outstanding


    EMI No Due Date Principal EMI Amount Portion Portion Principal
    1 2022-05-08 76,262.00 3,549.00 1,415.00 2,134.00 74,847.00
    2 2022-06-08 74,847.00 3,549.00 2,340.00 1,209.00 72,507.00
    3 2022-07-08 72,507.00 3,549.00 2,378.00 1,171.00 70,129.00
    4 2022-08-08 70,129.00 3,549.00 2,417.00 1,132.00 67,712.00
    5 2022-09-08 67,712.00 3,549.00 2,456.00 1,093.00 65,256.00
    6 2022-10-08 65,256.00 3,549.00 2,495.00 1,054.00 62,761.00
    7 2022-11-08 62,761.00 3,549.00 2,536.00 1,013.00 60,225.00
    8 2022-12-08 60,225.00 3,549.00 2,576.00 973.00 57,649.00
    9 2023-01-08 57,649.00 3,549.00 2,618.00 931.00 55,031.00
    10 2023-02-08 55,031.00 3,549.00 2,660.00 889.00 52,371.00
    11 2023-03-08 52,371.00 3,549.00 2,703.00 846.00 49,668.00
    12 2023-04-08 49,668.00 3,549.00 2,747.00 802.00 46,921.00
    13 2023-05-08 46,921.00 3,549.00 2,791.00 758.00 44,130.00
    14 2023-06-08 44,130.00 3,549.00 2,836.00 713.00 41,294.00
    15 2023-07-08 41,294.00 3,549.00 2,882.00 667.00 38,412.00
    16 2023-08-08 38,412.00 3,549.00 2,929.00 620.00 35,483.00
    17 2023-09-08 35,483.00 3,549.00 2,976.00 573.00 32,507.00
    18 2023-10-08 32,507.00 3,549.00 3,024.00 525.00 29,483.00
    19 2023-11-08 29,483.00 3,549.00 3,073.00 476.00 26,410.00
    20 2023-12-08 26,410.00 3,549.00 3,122.00 427.00 23,288.00
    21 2024-01-08 23,288.00 3,549.00 3,173.00 376.00 20,115.00
    22 2024-02-08 20,115.00 3,549.00 3,224.00 325.00 16,891.00
    23 2024-03-08 16,891.00 3,549.00 3,276.00 273.00 13,615.00
    24 2024-04-08 13,615.00 3,549.00 3,329.00 220.00 10,286.00
    25 2024-05-08 10,286.00 3,549.00 3,382.00 167.00 6,904.00
    26 2024-06-08 6,904.00 3,549.00 3,437.00 112.00 3,467.00
    27 2024-07-08 3,467.00 3,549.00 3,467.00 82.00 0.00
    28 2024-08-08 0.00 3,549.00 3,549.00 0.00 0.00
    29 2024-09-08 0.00 3,549.00 3,549.00 0.00 0.00
    30 2024-10-08 0.00 3,549.00 3,549.00 0.00 0.00
    Total 106,470.00 86,909.00 19,561.00

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774
    ANNEXURE - CHARGE SCHEDULE

    Transaction Charges in (Rs)

    Pre-payment 5% of Principal Outstanding

    Pre-payment (before 6 months) Within 6 (six) months from date of disbursement, interest on
    loan amount for 6 (six) months plus prepayment charges

    *Cheque / ECS Dishonor Charges (per instrument) Rs. 350/- (Rupees Three Hundred and Fifty Only)

    Delayed Payment Charges 3% per month of Overdue Amount

    Legal, Repossession & Incidental Charges At actual

    *NOTE: Charges which are in nature of fees are inclusive of GST

    Used Car Loans


    Hero FinCorp is a best-in-class provider of
    financial solutions for both certified & non-
    certified used cars

    Click here to know more

    Hero FinCorp Ltd.


    A-44 , Mohan Co-Operative Industrial Estate, Mathura Road ,New Delhi 110044 India
    Phones: +91-11-49487150, Fax: +91-11-49487197,+91-11-49487198
    CIN: U74899DL1991PLC046774

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