account_holder)){ if ($user['center_bank']->account_holder && empty($user['center_gst_number'])){ $bankDetail = 0; }else if(!empty($user['center_gst_number']) && !$user['center_bank']->account_holder){ $bankDetail = 1; }else if(!empty($user['center_gst_number']) && $user['center_bank']->account_holder){ $bankDetail = 0; }else if(empty($user['center_gst_number']) && !$user['center_bank']->account_holder){ $bankDetail = 1; } }else{ if (isset($user['center_bank']->account_holder) && $user['center_bank']->account_holder && empty($user['center_gst_number'])){ $bankDetail = 1; }else if(!empty($user['center_gst_number']) && (!isset($user['center_bank']->account_holder) || !$user['center_bank']->account_holder)){ $bankDetail = 1; }else if(!empty($user['center_gst_number']) && (isset($user['center_bank']->account_holder) && $user['center_bank']->account_holder)){ $bankDetail = 0; }else if(empty($user['center_gst_number']) && (!isset($user['center_bank']->account_holder) || !$user['center_bank']->account_holder)){ $bankDetail = 1; } } ?>

Ref. No.: Application ID


Date: {!! $letter_date ?? date('d-m-Y') !!}

Sanction Letter


To {!! $user['customer_name'] !!},

Dear @if($user['gender'] == "MALE") Sir @else Ma'am @endif,

Thank you for your loan application dated {!! date('d M Y', strtotime($user['loan_application_date'])) !!}. We, Avanse Financial Services Ltd. ("the Lender") are pleased to inform you that based on your loan application, we have agreed to sanction you the Loan facilities subject to its terms and conditions. The sanctioned details are mentioned below, which shall form part of the loan agreement and/or terms and conditions prescribed by the Lender:-:


Facility Details:

@if(isset($user['co_applicant_name']) && $user['co_applicant_name'] != '') @endif upfront_from_customer; } $subventionAmount = (($user['loan_amount'] - $downpayment) * $user['consumer_emi']->subvention) / 100; $subventionAmount = $user['consumer_emi']->partial_subvention_amount ?? $subventionAmount; ?>
Schedule for Loan

{!! $i++ !!}.

Borrower's Name

{!! $user['customer_name'] !!}

{!! $i++ !!}.

Borrower's Address

{!! $user['address'] !!}

{!! $i++ !!}.

Borrower's Email & Phone Number

{!! $user['customer_email'] !!} {!! $user['customer_mobile'] !!}

{!! $i++ !!}.

Co-Borrower's Name

{!! $user['co_applicant_name'] !!}

{!! $i++ !!}.

Co-Borrower's Address

{!! $user['co_address'] !!}

{!! $i++ !!}.

Co-Borrower's Email & Phone Number

{!! $user['co_address'] !!}

{!! $i++ !!}.

Purpose (Institute/Course Name)

@if($user['merchant_id'] == 143) Education Loan @else {!! $user['purpose_of_the_loan'] !!} @endif

{!! $i++ !!}.

Application Number

{!! $i++ !!}.

Loan Amount

₹ {!! $user['consumer_emi']->approved_amount !!} /- (Rupees {!! \App\Http\Controllers\Admin\ConsumerDocument::convertAmountToWords($user['consumer_emi']->approved_amount) !!})

{!! $i++ !!}.

Tenure

@if($user['merchant_collected_advance_amount'] == 0 && $user['merchant_offer']->advance_type == 'emi') {!! $user['consumer_emi']->tenure - $user['consumer_emi']->advance_emi. ' months' !!} @else {!! $user['consumer_emi']->tenure. ' months' !!} @endif

{!! $i++ !!}.

Advance

@if($user['merchant_collected_advance_amount'] == 1) @if(!empty($user['consumer_emi']->advance_emi) && !empty($user['consumer_emi']->emi)) {{--{!! intval($user['consumer_emi']->advance_emi / $user['consumer_emi']->emi) !!} (to be paid before disbursement/ to be adjusted from disbursement)--}} @if($user['merchant_offer']->advance_type == 'emi') {!! $user['consumer_emi']->advance_emi !!} EMI @elseif($user['merchant_offer']->advance_type == 'fixed_amount') Rs. {!! $user['consumer_emi']->advance_emi !!} @else {!! $user['consumer_emi']->advance_emi !!}% @endif @endif @else 0 @endif

{!! $i++ !!}.

Rate of interest (ROI)
Note: Lender may revise/vary the ROI

{!! $user['consumer_emi']->interest_rate !!} % @if($user['consumer_emi']->interest_type_id != 4)p.a. @endif @if($user['consumer_emi']->interest_type_id == 4 && $user['consumer_emi']->interest_rate > 0)(Annualised Rate - {!! round(($user['consumer_emi']->interest_rate/$user['consumer_emi']->remaining_emi)*12,2) !!} %) @endif
(Applicable on entire Loan amount notwithstanding the disbursement schedule agreed by Lender with the Institute and/or Service Provider)

{!! $i++ !!}.

Subvention Fees

₹ {!! intval($subventionAmount) !!} Payable by merchant

{!! $i++ !!}.

Default Charges/ Penal Interest

2% per month

{!! $i++ !!}.

Repayment Schedule /EMI Amount

(subject to revision upon change in ROI in terms of the sanction)

Indicative EMI: @if(!empty($user['consumer_emi']['emi'])) {{'INR ' .$user['consumer_emi']['emi']}} @endif

The actual EMI will depend on the disbursement date and may change accordingly, and will be shared post-disbursement.

Borrower(s) is/are advised to refer loan account statement on a periodic basis.

{!! $i++ !!}.

Fees & charges

Note: Lender may revise/vary the fees/charges

Cheque/ECS bounce charges INR 500 + GST Interest on late payment of EMI: 2% per month
Pre-payment/Foreclosure charges: 0
@if(!isset($user['avanse_cif'])) @if(isset($user['consumer_emi']['processing_fee'])) Processing Fees: ₹ {!! money_format('%!i',$user['consumer_emi']['processing_fee']) !!} @endif @endif
Please contact us at +91-99672-35047 for any queries. Alternatively you can write to us at wecare@avanse.com

{!! $i++ !!}.

Merchant’s/Institute’s Name

Name: @if(!$bankDetail && isset($user['center_name']) && $user['center_name']) () @else @if($user['merchant_name']) () @endif @endif

{!! $i++ !!}.

Channel/Service Provider's Name

BlackSoil Capital Private Limited

{!! $i++ !!}.

Validity period of this offer

Not applicable

{!! $i++ !!}.

Specific Condition

(1) Borrowers shall submit valid and requisite documents and meet credit underwriting norms of the Lender.
(2) In case of premature withdrawal from the course/ request for cancellation of drawdown, the borrower shall submit NoC from the institute and arrange credit for proportionate refund and foreclosure amount to the lender.


Additional Specific Instructions for availing the Loan:


1) Disbursement shall be into the account specified by the Merchant. Entire Loan amount along with outstanding interest (if applicable) and charges to be received from the Borrower before loan foreclosure notwithstanding the actual disbursement from the Lender to the Institute, or by procuring payment of outstanding Loan to the Lender, from the Merchant’s and/or Institutes Account.

2) Any change in ROI and/or other charges shall be applicable prospectively.


3) The sanction is subject to Lender’s absolute discretion and may be revoked by the Lender as the Lender may deem fit including in the event any condition precedents are not complied with. The Loan facility shall be governed by the terms and conditions prescribed by the Lender and/or the loan agreement, that shall be accepted by the Borrower/s in addition to this Sanction Letter.


4) This sanction letter shall form an integral part of the loan agreement and/or the applicable terms and conditions.


We assure you of our best services at all times.

Warm Regards,

From Avanse Financial Services Ltd.

@if(isset($signed_data[0]))
@if(isset($signed_data[0]['applicant']) && $signed_data[0]['applicant'] == 1)
@foreach ($lender['language_consent'] as $language_consent) @if($language_consent['language'] == $signed_data[0]['language'])

{{$language_consent['consent']}}

@endif @endforeach

{!! $user['customer_name'] !!} (Applicant) signed this agreement at {{ date('h:i A',strtotime($signed_data[0]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[0]['click_time']))}}

@endif @if(isset($signed_data[1]['applicant']) && $signed_data[1]['applicant'] == 2)
@foreach ($lender['language_consent'] as $language_consent) @if($language_consent['language'] == $signed_data[1]['language'])

{{$language_consent['consent']}}

@endif @endforeach

{!! $user['co_applicant_name'] !!} (Co-Applicant) signed this agreement at {{ date('h:i A',strtotime($signed_data[1]['click_time']))}} on {{ date('d-M-Y',strtotime($signed_data[1]['click_time']))}}

@endif
@endif