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The rest of the required pre-contractual information is in the General Conditions.  \nTo, $Generated Date in  \n“Mon DD, YYYY” format$  \n$Applicant_Name$$Address Line 1$,  \n$Address Line 2$,$City$,  \n$State$,$ZipCode$  \nDear Sir / Madam,  \nWe are pleased to inform you that your request dated $Application Date$ with application number $OBO Application Number$ for $Business Product Name$ has been approved with the following information and conditions as mentioned below:  \n\n| Approved Amount | $Approved Loan Amount$ |\n| --- | --- |\n| Approved Date | $Approved Loan Date$ |\n| Loan Tenor | $Approved Loan Tenor in year, month, and days$ |\n| Offer Valid Period | $Offer Validity in days$ |\n| Fee Amount | $Total Fees Amount$ |\n| Installment Amount | $Instalment Amount$ |\n| Annual Percentage Rate | $APR in%$ |\n| Finance Charge | $Finance Charge$ |\n| Collateral Details | $Collateral Type$ $Collateral Category$ Value: $Currency$ $Collateral Value as per valuation (if valuation is not applicable, then consider Collateral value from Collateral Details$ |\n| Cooling Off Period | 14 days from Account Opening Date |\n\nInterest Rate Details:  \n\n| Repayment Type | Rate\u003Cbr>Type | Term | Base\u003Cbr>Rate | Margin | Effective Rate |\n| --- | --- | --- | --- | --- | --- |\n| $Repayment Type$ | $Rate Type$ | $Term$ | $Base\u003Cbr>Rate$ | $Margin %$ | $Effective Rate$ |\n\n*The floating interest rate is subject to periodic changes based on the bank's prevailing key lending rates. Please refer to the bank's website for the latest applicable rates.  \nPlease return this offer letter with your signed acceptance. This Offer letter is valid till $Offer Validity in “Mon DD, YYYY” format$ . If not returned on or before its validity, this letter will be null and void. Acceptance of this letter will be at the Bank's sole discretion.  \nIn case of any clarification, please do not hesitate to contact the Relationship Manager.  \nADDITIONAL LOAN TERMS:  \nA. Method of Loan Payment.  \nThe BORROWER shall make all payments called for under this loan agreement by sending a check or other negotiable instrument made payable to the following individual or entity at the address indicated:  \n$Bank Name$  \n$Branch Address 1$  \n$Branch Address 2$  \n$Branch Address 3$  \nIf LENDER gives written notice to BORROWER that a different address shall be used for making payments under this loan agreement, BORROWER shall use the new address so given by LENDER.  \nB. Default.  \nThe occurrence of any of the following events shall constitute a Default by the BORROWER of the terms of this loan agreement and promissory note:  \n1) BORROWER’S failure to pay any amount due as principal or interest on the date required under this loan agreement.  \n2) BORROWER seeks an order of relief under the Federal Bankruptcy laws.  \n3) A federal tax lien is filed against the assets of BORROWER.  \nC. Additional Provisions Regarding Default.  \n1) Addressee and Address to which LENDER is to give BORROWER written notice of default:  \nN/A If BORROWER gives written notice to LENDER that a different address shall be used, LENDERshall use that address for giving notice of default (or any other notice called for herein) to BORROWER.  \n2)Cure of Default. Upon default, LENDER shall give BORROWER written notice of default. Mailing of written notice by LENDER to BORROWER via U. S. Postal Service Certified Mail shall constitute prima facie evidence of delivery. BORROWER shall have 15 days after receipt of written notice of default from LENDER to cure said default. In the case of default due solely to BORROWER’S failure to make timely payment as called for in this loan agreement, BORROWER may cure the default by either:(i) making full payment of any principal and accrued interest (including interest on these amounts) whose payment to LENDER is overdue under the loan agreement and, also, the","cbCaikTc7xqyZG0a","https://ap.wps.com/l/cbCaikTc7xqyZG0a","pdf",165340,"English","# Approved Loan Offer Details\n## Key Terms and Financial Figures\n## Interest Rate Details\n## Offer Validity and Acceptance\n# Additional Loan Terms\n## Loan Payment Method\n## Default, Notice, and Cure\n## Late Payment Penalty\n## Attorney’s Fees and Out-of-Pocket Costs\n## Parties That Are Not Individuals\n## Integration and Severability","[{\"question\":\"What information does the loan offer letter include before signing the loan contract?\",\"answer\":\"It includes approved amount and date, loan tenor, offer validity period, total fees, instalment amount, APR, finance charge, collateral details, and a cooling off period.\"},{\"question\":\"How does the floating interest rate work?\",\"answer\":\"The floating interest rate can change periodically based on the bank’s prevailing key lending rates, and the latest rates are referenced on the bank’s website.\"},{\"question\":\"What happens if the borrower defaults and how can default be cured?\",\"answer\":\"Default events include failure to pay due amounts, certain bankruptcy actions, and federal tax liens. After written notice, the borrower has 15 days to cure, either by paying overdue principal and accrued interest (plus late penalties) or by releasing collateral where applicable.\"}]","Loan Offer Letter - Pre-contractual Information & Additional Loan Terms | PDF"]