Common use of Amortisation Clause in Contracts

Amortisation. (a) Term of repayment Months (b) Repayment mode - NACH SI (c) Number of Security Cheques provided (d) EMI - ₹ for amount of Loan at Fixed Rate of Interest (This is applicable in the event the Borrower has opted for the Part Fixed and Part Floating rate scheme as above. The EMI for amount of Loan at Fixed rate of interest stated herein is for a period of months from the date of first disbursement. At the end of the fixed rate period, the EMI will be calculated based on the applicable Floating rate of interest.) (e) EMI – ₹ for amount of Loan at Floating rate of interest. (f) Date of commencement of EMI (g) Due date of payment of first EMI However, in the event of delay or advancement of disbursement, the date of commencement of EMI shall be as already communicated by DCB Bank to the Borrower.

Amortisation. (a) Term of repayment Months (b) Repayment mode - NACH SI (c) Number of Security Cheques provided (d) EMI - ₹ for amount of Loan at Fixed Rate of Interest (This is applicable in the event the Borrower has opted for the Part Fixed and Part Floating rate scheme as above. The EMI for amount of Loan at Fixed rate of interest stated herein is for a period of months from the date of first disbursement. At the end of the fixed rate period, the EMI will be calculated based on the applicable Floating rate of interest.) (e) EMI – - ₹ for amount of Loan at Floating rate of interest. (f) Date of commencement of EMI (g) Due date of payment of first EMI However, in the event of delay or advancement of disbursement, the date of commencement of EMI shall be as already communicated by DCB Bank to the Borrower. (a) Delay in payment of EMI / PEMII Borrower’s Bank details: