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  Sahukar Address : 7, Hospital Street, Hospital Street Kolkata West Bengal India 700072Phone : #Fax : #Email : no-reply@thesahukar.comCustomer Name : IKRAMUDDINIKRAMUDDIN  Loan Agreement Mobile No. : 9839439385 The following terms, together with your loan request on the App, as defined herein, constitute a binding[Udhhar card is only sorucing..lendingagreement has to be with TCPL and borrower] agreement (the Agreement ) between you and Transeem Commercial Pvt. Ltd., an RBI registered NonBanking Financial Company (NBFC). The terms TCPL, we, us and our refer to Transeem Commercial Pvt. Ltd. and its successors or assigns asappropriate. BY ELECTRONICALLY SIGNING THE AGREEMENT, YOU HAVE SIGNIFIED YOUR AGREEMENT TO BE BOUND BY ALL OF THE TERMS ANDCONDITIONS CONTAINED IN THIS AGREEMENT. Under this Agreement, you agree to receive and repay one or more loans from us, through the applending platform, Udhaar Card, available on android and iOS and can also be downloaded from the website www.udhaarcard.in, including anysubdomains thereof (the App ) operated on our behalf and owned by White Stallion Consultants LLP, a Kolkata based Limited Liability PartnershipFirm. These terms affect your rights and you should read them carefully and print a copy for your records. Your agreement to these terms meansyou agree to borrow and repay the money if your loan is funded under the terms of this Agreement, agree to transact with us electronically, andagree to have any dispute with us resolved by binding arbitration.Loan Terms. 1.Your loan will have a principal balance between Rupees Five Hundred (Rs.500) and Rupees Five Thousand (Rs.5,000) i[Flexibility to change theamount]n the specific amount and on the terms set forth in the disclosures provided to you through your online Udhaar Card account. All loansare unsecured, closed-end loans with a one / two / three month(s) term. Your obligations, including your obligation to repay principal, interestand processing fee, are set forth in this Agreement and in the Note or Notes that you will make to us, as described in section 3 below.Credit Decisions. 2.Your loan request must include all information as we require and obtain through the App. We reserve the right to verify any information yousubmit by requiring you to produce appropriate documentation or other proof, and also reserve the right to conduct such verification through athird party. You hereby authorize us to request and obtain data from a third party to verify any information you provide to us in connection withyour loan request. We may terminate consideration of your application at any time in our sole discretion.Loan approval or rejection is sole rightof TCPL.Loan Funding and Closing. 3.You may post a loan request on the App, and we will be able to review your loan request. TCPL may choose to sanction your loan but is notobligated to do so. If we extend a loan to you, you agree to execute by power of attorney (as described below), and be bound by the terms setforth in the form of promissory note attached as Exhibit A (the Note ) as to your loan. You agree to execute multiple Notes if we request you todo so, provided that the aggregate principal amounts of such Notes shall equal the total amount of your loan. TCPL will execute your Note(s) onyour behalf pursuant to a power of attorney you grant to TCPL. You authorize us to disburse the loan proceeds by transfer to your designatedaccount or any e-wallet. BY COMPLETING YOUR APPLICATION AND SUBMITTING YOUR LOAN REQUEST, YOU ARE COMMITTING TO OBTAIN ALOAN FROM US IN THE AMOUNT AND ON THE TERMS SET FORTH IN YOUR AGREEMENTS WITH US AND THE DISCLOSURES PROVIDED TO YOUIN CONNECTION WITH YOUR REQUEST, SHOULD YOUR REQUEST BE FUNDED. YOU HAVE NO RIGHT TO RESCIND THE LOAN ONCE MADE BUTYOU MAY PREPAY THE LOAN AT ANY TIME WITHOUT PENALTY. No Guarantee. 4.WE DO NOT WARRANT OR GUARANTEE (1) THAT YOUR LOAN REQUEST WILL BE FUNDED, OR (2) THAT YOU WILL RECEIVE A LOAN AS A RESULTOF POSTING A REQUEST.Making Your Loan Payments.5. You agree to make all loan repayments by Debit Card, Credit Card, Net Banking, UPI, e-wallets or automatic withdrawal from your designatedaccount. Any fees authorized to be charged on your loan may be collected using electronic funds transfers initiated by us from your designatedaccount. If you elect to make payments by recurring automatic withdrawal, you authorize us and our successors and assigns to debit yourdesignated account by Electronic National Automated Clearing House ( e-NACH ) transfer for the amount of each payment due on each duedate. This authorization does not affect your obligation to pay when due all amounts payable on your loan, whether or not there are sufficientfunds therefore in such accounts. The foregoing authorization is in addition to, and not in limitation of, any rights of setoff we may have. Withregard to payments made by automatic withdrawal, you have the right to stop payment of automatic withdrawals or revoke your priorauthorization for automatic withdrawals by notifying your financial institution at least three (3) banking days before the scheduled date of transfer. You must notify us of the exercise of your right to stop a payment or revoke your authorization for automatic withdrawals at least 3banking days before the scheduled date of transfer[How are we recovering][Have answered below, please see.]. All payments are to be appliedfirst to the payment of all fees, expenses and other amounts due (excluding principal and interest), then to accrued interest, and then thebalance on account of outstanding principal; provided, however, that after an Event of Default (as defined below), payments will be applied toyour obligations as we determine in our sole discretion.Other Borrower Obligations. 6.You agree that you will not, in connection with your loan request:(i) make any false, misleading or deceptive statements or omissions of fact in your listing; (ii) misrepresent your identity, or describe, present orportray yourself as a person other than yourself; (iii) give to or receive from, or offer or agree to give to or receive from any Udhaar Card memberor other person any fee, bonus, additional interest, kickback or thing of value of any kind except in accordance with the terms of your loan; (iv)represent yourself to any person, as a representative, employee, or agent of ours, or purport to speak to any person on our behalf; or (v) provide,in your loan request or in communications on the App related to your loan request, information upon which a discriminatory lending decisionmay be made, such as your race, color, religion, national srcin, sex, or age. You acknowledge and agree that we may rely without independentverification on the accuracy, authenticity, and completeness of all information you provide to us. You certify that you are a resident of India andthe proceeds of the loan will not be used for the purpose of purchasing or carrying any securities or to fund any illegal activity or used topurchase or carry on any (i) gambling or gaming or similar walk-in betting parlor; (ii) religious or charitable organization; (iii) disco or nightclub orother adult entertainment; (iv) the sale or display of any pornographic or obscene material or the conduct of any obscene, nude or semi-nude  live performance or modeling; (v) pawn shop; (vi) drug rehabilitation clinic, halfway house or abortion or family planning clinic; (vii) church,synagogue, mosque or any other area of worship; (viii) business in which a principal has been convicted of a felony; (ix) Internet merchant;(x) apartment house; (xi) limousine or taxi service; (xii) arms/weapons dealer; (xiii) long distance provider; (xiv) art or antique dealer; (xv) lotteriesor raffles; (xvi) auctions; (xvii) mailing lists; (xviii) auto rentals agency; (xix) mall kiosk; (xx) bail bond service; (xxi) massage parlor; (xxii) bar/tavern;(xxiii) modeling agency; (xxiv) check cashing institution; (xxv) network provider; (xxvi) collection agency; (xxvii) companion or escort service; (xxviii)computer hardware and software retailer; (xxix) professional billing service; (xxx) computer online service; (xxxi) resort land promotion;(xxxii) consignment store; (xxxiii) resume preparer; (xxxiv) contractor/home repair; (xxxv) sexual encounter agency; (xxxvi) cooperative discountgroup; (xxxvii) sports forecasting; (xxxviii) credit restoration/repair service; (xxxix) talent booking agency; (xl) deposit broker; (xli) tattoo parlor;(xlii) drug paraphernalia; (xliii) third party hotel reservation service; (xliv) embassy, consulate or ministry; (xlv) third party processor; (xlvi)employment agency; (xlvii) towing agency; (xlviii) furniture store; (xlix) travel agency; (l) gambling establishment; (li) used auto sales; (lii) healthspa/club (except country clubs); (liii) vitamin and supplement sales; (liv) income tax service; (lv) water purification; (lvi) insurance agency; or (lvii)webapp host.Fees. 7.A non-refundable processing fee paid by you to TCPL as provided under your agreement with TCPL will be included in your total repaymentamount. You acknowledge that the srcination fee will be considered part of the principal on your loan and is subject to the accrual of interest. Inaddition to the other fees set forth in this Agreement, you agree to pay a fee of Rupee Twenty Five (₹ 25) for each e-NACH transfer that youinitiate or submit and that is returned or failed because of insufficient funds in your account or for any other reason. Each attempt to collect apayment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The bank that holds yourdesignated account may assess its own fee in addition to the fee we assess. If any repayment is late, we will charge a penalty in an amount equalto or more than Zero point Five Percent (0.5%) [Way too high][Matched with competitors]of the principal amount per day till the day of repayment. These fees may be collected using e-NACH transfers initiated by us from your designated account. Any such late fee assessed isimmediately due and payable.Default and Termination. 8.You will be deemed in default on your loan (each, an Event of Default ) if you: (1) fail to pay timely any amount due on your loan; (2) file or haveinstituted against you any bankruptcy or insolvency proceedings or make any assignment for the benefit of creditors; (3) die or are declareddead; (4) commit fraud or make any material misrepresentation in this Agreement, the Note, or any other documents, applications or relatedmaterials delivered to us in connection with your loan; or (5) fail to abide by the terms of this Agreement. Upon the occurrence of an Event of Default, we may exercise all remedies available to us under applicable law, this Agreement, and the Note, including without limitation (1) demandthat you immediately pay all amounts owed on your loan or (2) terminate this Agreement. Any loans you obtain prior to the effective date of termination resulting from listings you placed on the App shall remain in full force and effect in accordance with their terms.Collection & Reporting of Delinquent Loans. 9.We may report information about our experience with you to consumer reporting agencies including credit buraes. Late payments, missedpayments, or other defaults in connection with this loan may be reflected on your credit report. TCPA Consent & Privacy: You expressly consentto receiving calls and messages, including autodialed and prerecorded message calls and SMS messages (including text messages) from us, ouraffiliates, marketing partners, agents and others calling at their request or on their behalf, at any telephone numbers that you have provided ormay provide in the future (including any cellular telephone numbers). Your cellular or mobile telephone provider will charge you according to thetype of plan you carry. You also agree that we may contact you by email, using any email address you have provided to us or that you provide tous in the future. We may listen to and/or record phone calls between you and our representatives without notice to you as permitted byapplicable law. For example, we listen to and record calls for quality monitoring purposes. To recover our loan repayments, TCPL may (i) send alegal notice to you over whatsapp, email, college residence or permanent residence and take necessary action against you in a court of law, (ii)file a police complaint, (iii) report to college authorities about your fraudulent behavior, (iv) contact your parents, any relative or friends, (v) sendyou constant SMS and telephonic reminders, (vi) publish your fraudulent behavior along with your photograph on all kinds of social media andpersonally send the same to your family members, friends and college authorities, (vii) report to CIBIL and other credit bureaus, (viii) share yourfraudulent behavior with banks and other financial institutionsAssignment of Your Loan.10.Following the closing of your loan, you hereby agree that we may, without notice to you, assign all of our right, title and interest in this Agreementand/or your Note(s).Entire Agreement. 11.This Agreement and any Note represents the entire agreement between you and us regarding the subject matter hereof and supersedes allprior or contemporaneous communications, promises and proposals, whether oral, written or electronic, between us with respect to your loanrequest and loan.Consent to Electronic Transactions and Disclosures. 12.THIS AGREEMENT IS FULLY SUBJECT TO YOUR CONSENT TO ELECTRONIC TRANSACTIONS AND DISCLOSURES, WHICH CONSENT IS SET FORTH INTHE TERMS OF USE FOR THE APP.Notices. 13.All notices and other communications to you hereunder may be given by email to your registered email address or posted on the App, and shallbe deemed to have been duly given and effective upon transmission. You acknowledge that you have sole access to such email account and yourarea on the App and that communications from us may contain sensitive, confidential, and collections-related communications. If your registeredemail address changes, you must notify us of the change by sending an email to info@udhaarcard.in or calling 82 82 82 88 22. Such notificationswill be deemed valid only when acknowledged by us. You also agree to update your registered residence address and telephone number on theApp if they change.NO WARRANTIES.14. EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT, WE MAKE NO REPRESENTATIONS OR WARRANTIES TO YOU, INCLUDING, BUT NOTLIMITED TO, ANY IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.LIMITATION ON LIABILITY. 15.TO THE EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL WE BE LIABLE TO YOU FOR ANY LOST PROFITS OR SPECIAL, EXEMPLARY,CONSEQUENTIAL OR PUNITIVE DAMAGES, EVEN IF INFORMED OF THE POSSIBILITY OF SUCH DAMAGES. FURTHERMORE, WE MAKE NOREPRESENTATION OR WARRANTY TO YOU REGARDING THE EFFECT THAT THE AGREEMENT MAY HAVE UPON YOUR FOREIGN, FEDERAL, STATEOR LOCAL TAX LIABILITY.Dispute Resolution16.Any dispute arising out of or in relation to the Loan, including this Agreement and / or Loan Documents shall be referred for arbitration to the  sole arbitrator appointed by the Lender. The Parties agree and confirm that the arbitration proceedings shall be conducted in inaccordance with the Arbitration and Conciliation Act, 1996 and the rules applicable thereto. The venue of the arbitration shall be at New Delhi orKolkata, at the sole discretion of the Lender and the arbitration proceeding shall be conducted in English language. The decision of the Arbitratorshall be final and binding on the Parties. Pending the passing of final award, the Borrower shall be liable to perform all its obligations under thisAgreement.Dispute Resolution17.The validity, interpretation, implementation and resolution of disputes arising out of or in connection with this Agreement shall begoverned by Indian law. The Parties agree that all matters arising out of this Agreement shall be subject to the exclusive jurisdiction of the courtsor tribunals (as the case may be) at New Delhi, India.Exhibit ANON-NEGOTIABLE PROMISSORY NOTEBorrower name and address: IKRAMUDDIN IKRAMUDDIN ; Deauri Siddharthnagar 272152 Uttar Pradesh For value received, I ( Borrower ) promiseto pay to the order of Transeem Commercial Pvt. Ltd. or any subsequent holder ( Lender you or your ) of this Promissory Note (the Note ) theprincipal sum of Rupees 500.00  ( 89.00 ) with interest and processing fee as set forth below. I intend to be legally bound by this Note. I have read,understood, and agreed to all of the terms of this Note. Interest: This Note bears interest during each calendar month from the date hereof untilpaid, at a fixed rate of 3(%) per month. Balance payment collected shall be adjusted towards processing fee. Therefore, total amount to be paid isRupees 589.00  ( 89.00 ) Payments: Principal and interest is to be paid during and throughout the period of 2  month(s), by 23/07/2019 You agree to make all payments of this Note by Debit Card, Credit Card, Net Banking, UPI, e-wallets or automatic withdrawal from your designatedaccount. Any fees authorized to be charged on your loan may be collected using electronic funds transfers initiated by us from your designatedaccount. If you elect to make payments by recurring automatic withdrawal, you authorize us and our successors and assigns to debit yourdesignated account by Electronic National Automated Clearing House ( e-NACH ) transfer for the amount of each payment due on each due date.This authorization does not affect your obligation to pay when due all amounts payable on your loan, whether or not there are sufficient fundstherefore in such accounts. The foregoing authorization is in addition to, and not in limitation of, any rights of setoff we may have. With regard topayments made by automatic withdrawal, you have the right to stop payment of automatic withdrawals or revoke your prior authorization forautomatic withdrawals by notifying your financial institution at least three (3) banking days before the scheduled date of transfer. You must notify usof the exercise of your right to stop a payment or revoke your authorization for automatic withdrawals at least 3 banking days before the scheduleddate of transfer. All payments are to be applied first to the payment of all fees, expenses and other amounts due (excluding principal and interest),then to accrued interest, and then the balance on account of outstanding principal; provided, however, that after an Event of Default (as definedbelow), payments will be applied to your obligations as we determine in our sole discretion.Fees and Charges: A non-refundable processing fee paid by you to TCPL as provided under your agreement with TCPL will be included in your totalrepayment amount. You acknowledge that the srcination fee will be considered part of the principal on your loan and is subject to the accrual of interest. In addition to the other fees set forth in this Agreement, you agree to pay a fee of Rupee Twenty Five (₹ 25) for each e-NACH transfer thatyou initiate or submit and that is returned or failed because of insufficient funds in your account or for any other reason. Each attempt to collect apayment is considered a separate transaction, so an unsuccessful payment fee will be assessed for each failed attempt. The bank that holds yourdesignated account may assess its own fee in addition to the fee we assess. If any repayment is late, we will charge a penalty in an amount equal toor more than Zero point Five Percent (0.5%) of the principal amount per day till the day of repayment. These fees may be collected using e-NACHtransfers initiated by us from your designated account. Any such late fee assessed is immediately due and payable. Prepayments and PartialPayments: Borrower may make any payment early, in whole or in part, without penalty or premium at any time. Any partial prepayment is to beapplied against the principal amount outstanding and does not postpone the due date of any subsequent monthly installments, unless youotherwise agree and we subsequently agree in writing. If Borrower prepays this Note in part, Borrower agrees to continue to make regularlyscheduled payments until all amounts due under this Note are paid. You may accept late payments or partial payments, even though marked paidin full , without losing any rights under this Note.Use of Funds: Borrower certifies that Borrower is a resident of India and the proceeds of the loan will not be used for the purpose of purchasing orcarrying any securities or to fund any illegal activity or used to purchase or carry on anyGambling or gaming or similar walk-in betting parlor;i.Religious or charitable organization; (iii) disco or nightclub or other adult entertainment;ii.The sale or display of any pornographic or obscene material or the conduct of any obscene, nude or semi-nude live performance oriii.modeling;Pawn shop;iv.Drug rehabilitation clinic, halfway house or abortion or family planning clinic;v.Church, synagogue, mosque or any other area of worship; (viii) business in which a principal has been convicted of a felony;vi.Internet merchant;vii.Apartment house;viii.Limousine or taxi service;ix.Arms/weapons dealer;x.Long distance provider;xi.Art or antique dealer;xii.Lotteries or raffles;xiii.Auctions;xiv.Mailing lists;xv.Auto rentals agency;xvi.Mall kiosk;xvii.Bail bond service;xviii.Massage parlor;xix.Bar/tavern;xx.Modeling agency;xxi.Check cashing institution;xxii.Network provider;xxiii.Collection agency;xxiv.  Companion or escort service;xxv.Computer hardware and software retailer;xxvi.Professional billing service;xxvii.Computer online service;xxviii.Resort land promotion;xxix.Consignment store;xxx.Resume preparer; (xxxiv) contractor/home repair;xxxi.Sexual encounter agency; (xxxvi) cooperative discount group;xxxii.Sports forecasting;xxxiii.Credit restoration/repair service;xxxiv.Talent booking agency;xxxv.Deposit broker;xxxvi.Tattoo parlor;xxxvii.Drug paraphernalia;xxxviii.Third party hotel reservation service;xxxix.Embassy, consulate or ministry;xl.Third party processor;xli.Employment agency;xlii.Towing agency;xliii.Furniture store;xliv.Travel agency;xlv.Gambling establishment;xlvi.Used auto sales;xlvii.Health spa/club (except country clubs);xlviii.Vitamin and supplement sales;xlix.Income tax service;l.Water purification;li.Insurance agency; orlii.Webapp host..liii.Default: Borrower will be deemed in default (each, an Event of Default ) of Borrower's obligations under this Note if Borrower:Fails to pay timely any amount due under this Note;i.Files or has instituted against Borrower any bankruptcy or insolvency proceedings or makes any assignment for the benefit of creditors;ii.Dies;iii.Commits fraud or makes any material misrepresentation in this Note; oriv.Fails to abide by the terms of this Note. Upon the occurrence of an Event of Default, you may exercise all remedies available to you underv.applicable law, including demand upon Borrower to immediately pay all amounts due under this Note. You reserve the right to report loanpayment delinquencies of 30 days or longer to one or more consumer reporting agencies in accordance with applicable law. Borrower agrees topay all costs of collecting any delinquent payments, including reasonable attorneys' fees, as permitted by applicable law. Miscellaneous: This Noteis not negotiable. Notwithstanding the foregoing, Lender may assign this Note without notice to Borrower. Borrower may not assign this Notewithout the prior written consent of Lender. This Note inures to the successors, permitted assigns, heirs and representatives of Borrower andyou. Borrower hereby waives demand, notice of non-payment, protest, and all other notices or demands whatsoever, and hereby consents thatwithout notice to and without releasing the liability of any party, the obligations evidenced by this Note may from time to time, in whole or part, berenewed, extended, modified, accelerated, compromised, settled or released by you. Any changes to this Note must be in writing signed byBorrower and you. Notices will be mailed electronically to the addresses provided.This Note represents the entire agreement between the parties hereto with respect to the subject matter hereof. Neither the Borrower nor theLender have relied on any representations not contained or referred to herein.Controlling Law: Transeem Commercial Pvt. Ltd. is located in New Delhi and this Note has been executed and delivered in New Delhi and isdeemed a contract made under such Union Territory's law. The unenforceability of any provision of this Note shall not affect the enforceability orvalidity of any other provision of this Note.  IKRAMUDDIN IKRAMUDDIN BY: TCPLATTORNEY-IN-FACT FOR BORROWER
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