LEGAL SECTION

Private & Confidential

DATED: 31 - JULY - 2019

JULY19RV4537
TO
THAKAR DHRUVKUMAR
Address: - 303 SHRIPATI APPRTMENT VISWAKARMA
TEMPLE GOTA OPP AHMEDABAD 382481

Subject: Letter for reversal of Late Payment & Interest Charges against the Credit Card No.
0004166464307492033 issued on the name of THAKAR DHRUVKUMAR

Dear Sir/Madam,

This refers to your above mentioned Credit Card & the discussion you had with representative of the Bank, in which
you had requested for the reversal of late payment and interest charges. In view of special circumstances explained
by you & as a goodwill gesture, we have agreed for the reversal of the charges levied on your aforesaid Credit Card,
on your current outstanding balance of Rs 24527/- & you are now advised to pay the revised outstanding of Rs
20000/-post reversals as on 4527/- incorporating the following terms & conditions & as per the scheduled
repayment plan. Your repayment schedule will be as below.

REPAYYMENT EMI DATE REPAYMENT AMOUNT

31.07.2019 4000.00
31.08.2019 4000.00
30.09.2019 4000.00
31.10.2019 4000.00
30.11.2019 4000.00

Please note that the amount mentioned above will have to be realized by the Bank on or before the agreed date of
repayment as mentioned in this letter. The subject Credit Card Account shall continue to accrue Interest and penal
charges as applicable till the amount agreed is received in full.

In the event of default in repayment as agreed herein above and/or any cheque issued by you not being honored,
the above reversal shall be rendered null and void and you would be required to pay the entire outstanding at that
point of time forthwith. This is without prejudice to the right of the Bank to initiate appropriate legal action against
you, for recovery of the outstanding dues and for dishonor of any cheque issued by you towards the above
installment.

Please sign this letter in confirmation of your acceptance of the above terms in the space provided below & return
the same to us.

For Kotak Mahindra Bank Limited I Accept

Authorized Signatory Signature

Kotak Mahindra Bank Limited
5th Floor, Zone IV, Building No. 21, Infinity Park , T +91 22 66056825 Registered Office:
Off Western Express Highway, General A K Vaidya Marg , F +91 22 67259084 27 BKC, C 27, G Block,
Malad (East), Mumbai www.kotak.com Bandra Kurla Complex, Bandra (East)
Maharashtra – 400 097, India Mumbai – 400 051, India