S.No.: M

Loan AgainstSecurities

Individual / HUF

Moneywise. Be wise

Instructions for filling up the LAS Facility Account Opening Form

1) Please use Capital Letters only while filling up the Account Opening Form.

2) Please give full signatures wherever an (LST) is marked.

3) Please provide a clear "SELF ATTESTED" photocopy of a document acceptable as Identity proof, showing all details such as Number, Date of issue, Date of validity, Place of Issue & Photograph alongwith Originals for verification.

4) Please provide a clear 'SELF ATTESTED' photocopy of a document acceptable as Address proof.

5) Please provide a 'SELF ATTESTED' copy of PAN Card.

6) Please provide 3 passport size photographs, duly signed on both sides.

7) Please note that the each page of POA has to be notarized from Notary Public.

8) Please provide duly completed Bank Account Opening form (use individual applicant's form).

9) Please provide duly completed Demat Account Opening form.

10) Please provide a copy of Income Tax return for Iast2 years with following supporting documents.

(a) Salaried : (i) Form 16 / Salary Certificate / Latest Salary Slip (ii) Computation of Total Income

(b) Self Employed : (i) Profit / Loss Accounts (ii) Balance Sheet

(iii) Computation of Total income

11) Please provide a signature verification letter from your bank.

12) Please note that the loan agreement and the power of attorney needs to be executed on stamp paper(s) of value as may be applicable thereto in the state to which (he client belongs.

13) Please provide a copy of the Bank Statement for your salaried account for last 3 months (in case of a salaried individual) or your current/saving account, for last 3 months (in case of self employed individual), clearly showing the name, a/c no., a/c type & name and address of the branch.

14) Please provide a Cheque of Rs. 500 in favour of Moneywise Financial Services (P) Ltd. towards loan processing fees.

15) Please provide a net worth certificate duly signed, stamp by a CA on the letter head along with membership no.

* In case the mailing address given on the bank account form is separate than the permanent address, please provide a proof for the same also.

Additional Instruction for Proprietorship Firms / HUF

1) Please give full signatures of the Proprietor / Karta alongwith rubber stamp wherever (F) is marked.

2) Please provide a clear certified true copy of a document acceptable as Establishment proof of the Proprietorship / HUF clearly showing the name of the Proprietor / Karta, name of the firm and the address of the firm.

3) Please provide duly completed Bank Account Opening Form (use non individual applicants form).

FOR OFFICE USE ONLY:

Pre Verification by:.......................................................

A/c opened by:............................................................

Post verification by:.....................................................

Charges Verification by:...............................................

IMPORTANT NOTE : A/c Holders, Guarantors & Witness must sign

Wherever their signature symbol is given :

1. Signature of the Borrower / Client

2. Signature of the Guarantor

3. Signature of the Witness

Table Showing acceptability of various documents as Proof of Identity and Address

DocumentAcceptable asIdentity Proof?

Acceptable asAddress Proof?

Valid Passport Yes Yes

Driving License Yes No

Voter’s Identity Card Yes No

Ration Card No Yes

Bank A/c Statement / Passbook (Latest) Yes* Yes

PAN Card Yes No

Latest Electricity Bill(not more than 2 months old) No Yes

Latest Telephone Bill (MTNL / BSNL Landline only)(not more than 2 months old) No Yes

Lease and License agreement / Sale agreement / rent agreement No Yes

*In case of photo passbook

MOBILE NUMBER & E-MAIL IS MANDATORY

Name Mr. /Mrs. /Mr. /M/s. :

Name of the Firm (In case of Proprietorship Firm/HUF) :

/ Sub Broker

/ Sub Broker :

/ Sub Broker :

/ Sub Broker :

/ Sub Broker :

/ Sub Broker :

/ Sub Broker :

/ Sub Broker :

This Agreement entered into Between Moneywise Financial Services Private Limited, a company incorporated under the Companies act

1956 and having its Registered Office at 18 Rabindra Sarani, Poddar Court, Gate No. 4, 5th Floor, Kolkata 700001 and having Corporate

Office at 4th Floor, 9B, Netaji Subhash Marg, Daryaganj, Delhi -110002 (hereinafter called “Moneywise”) which term shall, wherever the

context permits, mean and includes its, successors, administrators, and assigns.

AND

The Person hereinafter referred to as the “Borrower(s)”, whose name and address appears in the Schedule hereunder (which expression

shall, unless repugnant to the context or meaning thereof include, where the Borrower is an individual or sole proprietary concern or an Hindu

Undivided Family & his/her/its heir(s), successors, executors and Legal Representative(s), where the Borrower is a partnership firm, all its

partners and survivors of any deceased partner or their successors and where the Borrower is a company, a society or a trustee, its

successors and administrators),

AND

The Persons hereinafter referred to as the “Guarantor(s)”, whose name and address appears in the Schedule hereunder which expression

shall include as above

WHEREAS Moneywise is a Non-Banking Finance company that undertakes the business of lending and finance, and as part of its business, provides loans against securities or any other valuables and/or finance for purchase of securities either in primary and / or secondary market.

AND WHEREAS the Borrower is desirous of buying, from time to time, Securities (as defined hereunder) in physical or DEMAT form or being in need of funds to finance subscription to & or purchase of Securities in physical or DEMAT form through one of the brokers empanelled by

Moneywise (the “Broker”) or to borrow funds for other purposes against Securities in physical or DEMAT

form, the Borrower has approached Moneywise for a loan of the amount mentioned in the Schedule hereunder/ will approach Moneywise from time to time for loan(5s) of the amounts mentioned in the respective loan applications and sanctions (hereinafter collectively referred to as “the Loan”) & outstanding interest thereon.

AND WHEREAS the Borrower has submitted the signed Loan Application Form and financial details/will submit signed Loan Application Form for each successive loan and has also agreed to pay the charges & interest as agreed thereon.

AND WHEREAS the Guarantor has furnished the Guarantor’s Details and has agreed to guarantee the repayment of the loan/each successive loan as per the Loan Application Form and due performance of this Agreement by the Borrower as referred to herein.

AND WHEREAS the securities market by its nature is highly volatile and requires quick actions undertake to mitigate/ make the loss good

AND WHEREAS relying upon the representations and promises of the Borrower(s) and the Guarantor(s) Moneywise has agreed to provide to the Borrower(s) the loan facilities.

NOW THEREFORE THIS AGREEMENT WITNESSETH THAT:

DEFINITIONS:

“Bank Account” means the bank account opened by the Borrower with a bank acceptable to Moneywise.

“Designated DEMAT Account” means a DEMAT Account opened by the Borrower which shall be operated only by Moneywise on behalf of the Borrower(s) or a DEMAT Account in the name of Moneywise wherein the Securities are held on behalf of the Borrower.

“Designated Broker” means a broker who is registered with Commodities Exchange and is designated by the mutual consent of the Borrower and Moneywise out of the panel maintained by Moneywise for the purpose.

“Document” includes information in electronic form

“Exposure” means the maximum amount, as determined by Moneywise from time to time considering the Margin, outstanding loan together with the amount payable for Securities, that the Borrower can buy through the Designated Broker.

“Exposure Limit” means the Exposure as reduced by the cumulative value of net purchases (Net Purchases=purchases less Sales confirmed by Moneywise and executed by the Borrower through the Designated Broker).

“Loan” means the amount(s) of Loan Facility disbursed by Moneywise on the account of the Borrower from time to time and includes any amount due against the Borrower for any assurance or guarantee made by the Borrower for others.

“Loan Amount” means the outstanding amount of the Loan(s), interest and all other charges expenses on such out standings amount payable under this Agreement by the Borrower to Moneywise.

“Loan Facility” means a facility, to borrow whether one time, or from time to time in accordance with this Agreement, sanctioned by Moneywise to the Borrower.

“Margin” means the amount which the Borrower agrees to keep with Moneywise to avail the Exposure Limit or the Loan Facility. It may be by cash deposit and/or Securities held in the Designated DEMAT Account or pledge/ transfer d by the Borrower or transferred to Moneywise as collateral for the dues against the Borrower.

“Margin Available” means the aggregate market value of securities held as reduced by the outstanding loan.

“Margin Deficiency” means a situation or contingency where the value of aggregate available securities is as referred in here & above Margin Available is inadequate to meet the Margin Requirement.

“Pay-in” means the delivery of the Securities sold and/or payment of the purchase price of Securities to the Exchange in respect of the transactions relating to Securities effected in accordance with the procedures laid down by the Exchange in which the trading of the Securities has taken place.

“Pay- out” means the payment of the sale price and/or delivery of Securities purchased by the Exchange in respect of the transaction relating to Securities effected in accordance with the procedures prescribed by the Exchange in which the trading of the Securities had taken place.

“Pay-out-Date” means the date on which Pay–out is to be effected by all stock exchange in India (BSE/NSE) & all commodities exchange in India ( e.g. MCX/ NCDEX/ NSEL) for the transaction in respect of Securities during the settlement period as provided in accordance with the procedures of the Stock Exchange in which the transaction was effected .

“Securities” means any security or commodity traded on a recognized exchange in India or in physical form. Securities means, in the case of commodities in DEMAT form, any security traded on a commodity exchange in India, which provides storage of physical commodity under the control of the Exchange and delivery of physical commodities to holders of securities on demand. Securities includes, in the case of physical commodities, the documents of title like, invoice, delivery challan, warehouse receipt etc. which are, as per trade practice, considered to be evidence of ownership of the goods represented thereby and delivery of which constitutes the delivery of the relevant commodities or unconditionally authorizes the possessor to take delivery of the commodities. Without

prejudice to the above securities includes securities as defined in the Securities Contracts (Regulation) Act, 1956.

“Tolerance Limit” means the percentage of Exposure as expressed in margin deficiency, fixed by Moneywise from time to time, beyond which Clause 4(b) of this Agreement shall be operative.

“Working day” means a day on which trading of securities takes place on the Exchange.

(1) Rules of Interpretation:

Unless the context otherwise requires:

(a) Any reference to the singular shall include plural and vice versa and words importing one gender shall include other genders.

(b) The expressions month and year shall be construed as the calendar month or calendar year.

(c) Any reference to an enactment, regulations, rules or any instrument (including any specific section, clause or article therein) shall be construed to refer to the same as amended or replaced, as the case may be;

(d) Reference to days or dates which do not fall on a Working Day, shall be construed as references to the day or date falling on the immediately preceding subsequent Working Day.

(2) (a) Upon the request of the Borrower, Moneywise has agreed to lend and grant the Loan Facility to the Borrower upon the terms and subject to the conditions contained herein to enable the Borrower to purchase Securities, transact in the Securities through the Designated Broker or to borrow funds for other purposes against securities.

(b) In consideration of MONEY WISE granting Loan Facility to the Borrower under this Agreement, the Guarantor unconditionally guarantees due and timely repayment of all Loan Amount according to its terms and compliance of all terms and conditions of this Agreement by the Borrower and to pay on first demand and without demur all amounts due against the Borrower under this Agreement, whether on account of principal loan, interest, additional interest, costs, charges, loss on sale of securities or otherwise jointly and severally. Any statement of account by MONEY WISE to the Borrower shall be binding on the Guarantor. This Guarantee shall be a continuing guarantee and shall not be revocable till all the payments as above have been made. It shall not be necessary for MONEY WISE to either exhaust other remedies against the Borrower or recover from other securities before proceeding against the Guarantor or to implead the Borrower in any claim or proceeding against the Guarantor. In case any claim of MONEY WISE is not enforceable against the Borrower for any reason, the Guarantor shall be liable to meet it as the principal debtor. This guarantee shall not be discharged by any subsequent variation of the terms of this Agreement by MONEY WISE as reserved to it in this Agreement or by any grant of time or other forbearance by MONEY WISE to the Borrower or by death or change of constitution of the Borrower or the Guarantor.

(3) (a) For availing the loan, the Borrower shall furnish a Loan Application Form, a Promissory Note and loan processing fee, if any as applicable from time to time.

(b) After sanction of the loan, the Borrower shall, if not opened earlier, i) open a bank account with the designated bank with POA to Moneywise ii) open a DEMAT account with the nominated depository with POA to Moneywise and iii) open a trading account with a designated broker.

(c) Before disbursal of the loan, The Borrower shall deposit the Margin money amount in the designated bank account or margin securities in the designated DEMAT account or with the Moneywise and the loan shall be disbursed by pay-in to the Exchange for the purchase of securities which will remain pledge/ transfer d with Moneywise for due repayment of the loan.

(d) In case of fixed period loan,

(i) The loan shall be repayable in such number of equated monthly installments and due on such dates as mentioned in the relevant repayment schedule which will constitute part of this Agreement.

(ii) The Borrower shall issue advance cheques/ECS instructions in favour of Moneywise for payment of each EMI and assures that each cheque/ECS shall be honoured by his bank when presented.

(iii) The Borrower may, subject to prepayment/pre-closure charges, prepay the loan at any time in part or in full. Moneywise may consider to return such securities for part thereof, if separable, subject to availability of adequate margin for the balance loan, if any and any guarantees made by the Borrower.

(iv) The prepayment would invite prepayment charges as mentioned in the repayment schedule.

(v) The pre-closure would invite pre-closure charges as mentioned in the repayment schedule.

(e) Where a circulating loan is granted or a fixed loan is agreed to be converted into circulating loan:

i. The Borrower shall deposit the amount of the Margin prescribed by Moneywise from time to time in cash and/or in Securities acceptable to Moneywise. The Securities shall either be pledge/ transfer d in favour of Moneywise by marking a pledge/ transfer on the securities or transferred to the Designated DEMAT Account.

ii. The Exposure Limit of the Borrower shall be arrived at and may be intimated to the Designated Broker from time to time.

(f) In case of loan against physical commodities –

i. The Borrower shall pledge/ transfer the physical securities created with the finance by making a transfer with delivery to Moneywise.

ii. The Borrower shall not exercise the power to transfer the Securities given as Margin or held in the Designated DEMAT Account without prior approval of Moneywise.

MASTER LOAN AGREEMENT

iii. The Borrower shall execute in favour of Moneywise, an irrevocable and unconditional power of attorney in form and substance agreeable to Moneywise, authorizing Moneywise to, inter-alia, operate the Designated Bank Account as well as to do all acts, deeds and things as are necessary, in the opinion of Moneywise to safeguard its interest, including without limitation, the power to transfer funds from Designated Bank Account to Moneywise’s own accounts as collateral.

iv. The Borrower authorizes Moneywise to obtain any information that may be required by Moneywise from time to time and the Borrower further declares that he has instructed the Designated Broker to give the mentioned information to Moneywise on demand. The Borrower further authorizes Moneywise to give such information as may be needed to the Designated Broker from time to time.

v. Receipt of all funds pursuant to sale of Securities, Pay Out and Payment of all amounts pursuant to purchase of Securities shall be routed through the designated bank account. Pay-In shall be received only into and paid from the Bank Account. The amount funded by Moneywise out of the Exposure Limit available to the Borrower shall be disbursed by Moneywise by way of credit to the Bank Account of the Borrower. The Borrower agrees that, the Pay Out proceeds received by the Borrower in the Bank Account shall be first utilized for the purpose of repayment of the Loan Amount to Moneywise, unless otherwise permitted in writing by Moneywise to the Borrower.

vi. On repayment of the loan the right of the Borrower is to receive from Moneywise the securities as pledge/ transfer d.

(g) In case of loan against DEMAT commodities -

i. The Borrower understands, declares and acknowledges that the subject matter of the loan is not a physical commodity but an exchange traded security, which by the rules and procedures of and subject to conditions and charges laid down by the exchange can be converted into physical commodity.

ii. The Borrower shall create pledge/ transfer on the securities either by transferring the securities to the DEMAT account of Moneywise or by getting a pledge/ transfer registered with the Depository as per the Depositories Act.

iii. The Borrower shall irrevocably instruct Designated Broker to credit the Securities on the relevant Pay-Out Date wholly and exclusively to the Designated DEMAT Account. The Borrower shall give irrevocable power of attorney to Moneywise to create pledge/ transfer on the Securities in the Designated DEMAT Account or to transfer the securities into Moneywise’s own beneficiary account as collateral, any and or all securities lying in the Designated DEMAT Account. The Borrower shall not create any charge or encumbrance or lien or any other adverse rights whatsoever on the securities that would be received from the Pay out and/or available in the Designated DEMAT Account from time to time, other than in favour of Moneywise as aforesaid.

iv. The Borrower shall execute in favour of Moneywise, an irrevocable and unconditional power of attorney in form and substance agreeable to Moneywise, authorizing Moneywise to, inter-alia, operate the Designated DEMAT Account and the Bank Account as well as to do all acts, deeds and things as are necessary, in the opinion of Moneywise to safeguard its interest, including without limitation, the power to create and/or close the pledge/ transfer on Securities lying to the credit of the Designated DEMAT Account or the power to transfer the securities/funds from Designated DEMAT and or Bank Account to Moneywise’s own accounts as collateral. The Borrower shall execute and agree to execute such transfer instruction slip and/or other instrument of pledge/ transfer as may be required by Moneywise so as to enable Moneywise to transfer the Securities in its own name at any time; If Moneywise needs to cover any deficiency in the margin requirement to Borrower or to recover any amount due by the Borrower.

v. On repayment of the loan the right of the Borrower is to receive from Moneywise the securities. Any sale of the securities shall be on the exchange. The conversion of securities into physical commodity is outside this loan agreement and will be exclusively between the Borrower and the exchange. Any charges for such conversion and taking delivery of physical commodity shall be payable by the Borrower.

(h) In case of loan against shares, except where a fixed loan is agreed to be granted by Moneywise against the Borrower’s securities :

i. The Borrower shall deposit the amount of the Margin prescribed by Moneywise from time to time in cash and/or in Securities acceptable to Moneywise. The Securities shall either be pledge/ transfer d in favour of Moneywise by marking a pledge/ transfer on the securities or transferred to the Designated DEMAT Account opened for the purpose. The acceptability and method of valuation of securities shall be the exclusive decision of Moneywise and shall be binding on the Borrower.

ii. The daily Exposure Limit of the Borrower shall be arrived at and may be intimated to the Designated Broker from time to time.

iii. The Borrower shall irrevocably instruct Designated Broker to credit the Securities on the relevant Pay-Out Date wholly and exclusively to the Designated DEMAT Account. The Borrower shall give irrevocable power of attorney to Moneywise to create pledge/ transfer on the Securities in the Designated DEMAT Account or to transfer the securities into Moneywise’s own beneficiary account as collateral or to pledge/ transfer in favour of Moneywise or transfer into Moneywise’s own beneficiary account as collateral, any and or all securities lying in the Designated DEMAT Account. The Borrower shall not create any charge or encumbrance or lien or any other adverse rights whatsoever on the securities that would be received from the Pay out and/or available in the Designated DEMAT Account from time to time, other than in favour of Moneywise as aforesaid. The Borrower shall not exercise the power to transfer the Securities given as Margin or held in the Designated DEMAT Account without prior approval of Moneywise.

iv. The Borrower undertakes that only Notified Securities shall be transacted by the Designated Broker. The Borrower may also sell any Securities, which have been purchased pending receipt on Payout only if the Pay-in-Date for such sale succeeds the pay out date for the purchase.

v. In the event of any cancellation / bad delivery / non-delivery in respect of any trade, Moneywise shall be entitled to re-compute the Exposure Limit based on value of the balance Securities available and/or close the trade through any other broker at the Borrower’s risk and shall be entitled to invoke the provisions of clause 4 hereunder.

vi. The Borrower shall execute in favour of Moneywise, an irrevocable and unconditional power of attorney in form and substance agreeable to Moneywise, authorizing Moneywise to, inter-alia, operate the Designated DEMAT Account and the Bank Account as well as to do all acts, deeds and things as are necessary, in the opinion of Moneywise to safeguard its interest, including without limitation, the power to create and/or close the pledge/ transfer on Securities lying to the credit of the Designated DEMAT Account or the power to transfer the securities/funds from Designated DEMAT and or Bank Account to Moneywise’s own accounts as collateral. The Borrower shall execute and agree to execute such transfer instruction slip and/or other instrument of pledge/ transfer as may be required by Moneywise so as to enable Moneywise to transfer the Securities in its own name at any time; If Moneywise needs to cover any deficiency in the margin requirement to Borrower or to recover any amount due by the Borrower.

vii. Without prejudice to the foregoing, the Borrower authorizes Moneywise to obtain the following reports/information from the Designated Broker:

a. List of Securities purchased/Sold by the Borrower in each Exchange on a daily basis.

b. List of Securities purchased/Sold by the Borrower in each Exchange on a settlement basis. c. Pay-in/Pay-out obligation of the Borrower for a settlement period in each Exchange on a settlement basis.

d. Details of securities actually received in Pay out or delivered in Pay-in by the Designated Broker on behalf of the Borrower.

e. Any other information that may be required by Moneywise from time to time.

f. The Borrower further declares that he has instructed the Designated Broker to give the above

mentioned information to Moneywise on demand or on pre-agreed time intervals, as the case may be.

g. The Borrower further authorizes the Moneywise to give such information as may be needed to the Designated Broker from time to time.

viii. Receipt of all funds pursuant to sale of Securities, Pay Out, dividend, distribution or other amounts and Payment of all amounts pursuant to purchase of Securities, Pay-In shall be received only into and paid from the Bank Account. The amount funded by Moneywise out of the Exposure Limit available to the Borrower shall be disbursed by Moneywise by way of credit to the Bank Account of the Borrower. The Borrower agrees that, the Pay Out proceeds received by the Borrower in the Bank Account shall be first utilized for the purpose of repayment of the Loan Amount to Moneywise, unless otherwise permitted in writing by Moneywise to the Borrower.

ix. The Borrower agrees and acknowledges that:

a) Moneywise may notify from time to time the Securities in which the Borrower may trade. Alternatively, Moneywise may also specify the list of securities in which the Borrower shall not trade.

b) Moneywise shall have the right to fix limits of trading volume/value for each individual or group of Securities.

c) Moneywise shall have the right to restrain the Borrower from utilizing the loan facility for trading for a specified period

d) Moneywise shall be entitled to seek from and impart to Credit Information Bureau (India) Ltd. or any o ther similar agency regarding credit information as to the Borrower and Guarantor and any default by them including under this Agreement.

e) Moneywise shall have the right, by giving 3(three) working days notice, to seek any information about the Borrower that may, in the opinion of Moneywise, be necessary for the purpose of securing its rights and review the Loan

f) The Borrower shall maintain sufficient balance in his bank account to honour cheques given to Moneywise on whatever account. In case any cheque being dishonored by the bank for any reason, Moneywise, without prejudice to any other rights, be entitled to debit cheque bouncing charges as shown in the Schedule at the end.

g) The Borrower, having obtained professional legal advice, acknowledges and agrees that the restrictions on the right to sell and deal in Securities contained in this Agreement are reasonable and conscionable to protect the interests of Moneywise in respect of repayment of the Loan Amount having regard to the inherent risks associated with the Securities and their market prices. Any action taken by Moneywise in terms of this Agreement shall not be capable of being challenged by the Borrower, and Moneywise shall not be liable to the Borrower for any loss or damage which may be caused to the Borrower as a result.

(i) All payments (excluding margin) by the Borrower shall be appropriated in the following descending order

o first towards expenses

o then towards interest and overdue interest

o balance towards principal

(4) Moneywise shall, on a regular basis, value the Securities pledge/ transfer d and/or available in the Designated DEMAT account. Based on this, Moneywise has right to revise the exposure limit of the Borrower immediately which shall be binding on the Borrower. If at any time the value of the Securities falls or in the commercial opinion of Moneywise, is anticipated to fall, whether on account of any exceptional event or circumstance or otherwise, so as to create a Margin Deficiency, or otherwise jeopardize the lenders interests of Moneywise or expose Moneywise to any financial loss or damage in settlement or recovery of the Loan Amount then:

(a) The Borrower shall, on the same working day of the Notice or at the discretion of Moneywise within the next working day, deposit such further Margin as may be demanded by Moneywise or repay the corresponding quantum of the Loan Amount, failing which Moneywise reserves the right to stop all further exposure and to sell without further notice or recourse to the Borrower any or all Securities available in the Designated DEMAT Account and/or lying as collateral with Moneywise and/or invoke the pledge/ transfer subsisting on Securities so as to adjust the proceeds towards the then outstandings.

(b) However, if the margin Deficiency exceeds the Tolerance Limit, Moneywise reserves further right to immediately sell the securities on the exchange without prior notice to the Borrower without being liable for any loss or damage or diminution in value sustained by the Borrower and to have access to the Securities pledge/ transfer d and the Securities available in the Designated DEMAT Account and to credit the proceeds toward repayment, in part or full, of its out standings against the Borrower. Moneywise shall however intimate the Borrower within next(one) working day of such sale/ transaction.

(c) The Borrower agrees that it shall be sufficient for Moneywise to communicate/advise the method of calculation of margin or the security requirements as rate(s) / percentage(s) of dealings by any one or more methods and on such communication/advice the Borrower shall self monitor his dealings, margin deposits and margin requirements etc.

(d) The Borrower, on his own shall keep himself updated about market rates of the securities, which are widely quoted through the media and the internet and/ or from any other available sources shall avoid any possible margin deficiency by making shortfall of margin. The Borrower shall take all remedial or corrective actions measures before the margin deficiency touches the Tolerance Limit.

(e) The Borrower acknowledges and declares that the right of Moneywise to sell as provided hereinabove in this clause is by no way an obligation of Moneywise to sell and in the event Moneywise is unable to sell or in its wisdom retains the security to wait the market to improve, the Borrower shall not be entitled to challenge such action of Moneywise and shall bear all consequences thereof unless the same is directly contrary to any valid instruction issued by the Borrower to Moneywise.

(5) The Borrower agrees and acknowledges that:

a) Moneywise shall be entitled to seek from and impart to Credit Information Bureau (India) Ltd. or any other similar agency regarding credit information as to the Borrower and Guarantor and any default by them including under this Agreement.

b) Moneywise shall have the right, by giving 3 (three) working days notice, to seek any information about the Borrower that may, in the opinion of Moneywise, be necessary for the purpose of securing its rights and review the Loan.

c) The Borrower shall maintain sufficient balance in his bank account to honour EMI cheques/ECS and other cheques given to Moneywise on whatever account. In case any cheque being dishonoured by the bank for any reason, Moneywise, without prejudice to exercise any other rights, be entitled to debit cheque bouncing charges as shown in the Schedule as & when due.

d) The Borrower, having obtained professional legal advice, acknowledges and agrees that the restrictions on the right to sell and deal in Securities contained in this Agreement are reasonable and conscionable to protect the interests of Moneywise in respect of repayment of the Loan Amount having regard to the inherent risks associated with the Securities and their market prices. Any action taken by Moneywise in terms of this Agreement shall not be capable of being challenged by the Borrower, and Moneywise shall not be liable to the Borrower for any loss or damage which may be caused to the Borrower as a result thereof.

(e) The Borrower confers upon and acknowledges the right of, Moneywise to set off and recover any amount due or payable by the Borrower or any of his relatives (as defined in Schedule IA of the Companies Act, 1956) or any of his any Associated Enterprises (as defined in Sec. 92A of the Income Tax Act, 1961) to Moneywise or its Associated Enterprises, as due and payable under this Agreement.

(6) a. The Borrower and the Guarantor confirms and warrants that all securities that are or may be given from time to time whether in Margin or as collateral or pledge/ transfer d are free from all defects, attachment, prohibitory orders, disputes, charges, tax dues, and encumbrances whatsoever and that the Borrower is the true and rightful owner of the same and that he has full title and/or authority to transfer/pledge/ transfer

the same to Moneywise.

b. The Borrower and the Guarantor agrees to create an exclusive pledge/ transfer / transfer in favour of Moneywise on securities belonging to the Borrower including but not limited to securities held in the Designated DEMAT Account free from any third party charge, lien or other encumbrances and to do all such acts, deeds and things and execute all such documents, declarations and forms as may be required to record/ create the pledge/ transfer under the depository system as per the provisions of the Depositories Act, 1996 and the regulations framed by the Forward Markets Commission (FMC) and/or the byelaws of the concerned Depository and to do everything required to create an effective pledge/ transfer of the Securities in favour of Moneywise as acceptable to it including delivery of possession or transfer to its own DEMAT account. .

c. The Borrower and the Guarantor hereby unconditionally and irrevocably appoints and constitutes Moneywise acting through any of its nominees, and/or employees as its Constituted Attorney to inter alia create the pledge/ transfer over the securities as per Clause (6b) above and if Moneywise, so requires, the Borrower agrees to execute a separate power of attorney in this behalf. Provided however that the absence of such separate power of attorney shall not in any way affect the power and authority hereby conferred.

(7) In respect of the Securities given at any time to Moneywise as collateral the Borrower agrees that Moneywise:

a. has the right to liquidate collaterals received from the Borrower without any prior intimation to the Borrower,

b. has the right to pledge/ transfer to a lender of its choice securities received as collateral from the Borrower, Has a full right and power to create a pledge or transfer or assign the securities hereby agreed to be pledged / transferred, to secure the Lender’s borrowing from any bank or NBFC or any other lender by way of refinance or otherwise and in that connection the Lender may delegate its powers and authorities under the power of attorney granted under and / or pursuant to clause 6.c above, to and in favour of such bank, NBFC or any other lender.

c. has a right to call upon the Borrower to repay the loan or replace the collateral within the time limit prescribed by Moneywise in case of a defect arising or coming to notice in respect of such Securities. In event of Borrower failing to comply with Moneywise’ instructions within the prescribed time limit, Moneywise has the power to liquidate such Securities and appropriate the proceeds towards settlement of the Loan Amount without any prior intimation to the Borrower.

d. has the right to return different securities of equivalent value to the Borrower on repayment of the loan/outstanding amount.

(8) The loan is repayable unconditionally in full on demand at Moneywise’ absolute discretion and without giving any reasons whatsoever. Moneywise would, however, give, in normal circumstances, 3 (three) working days’ notice to the Borrower to repay the loan due together with interest accrued and all other amounts due till the date actual of realization.

(9) (i) Without prejudice to the provisions of clause (8) the Loan Facility will be available for a period mentioned in the repayment schedule and the Borrower shall repay the same on or before the expiry of the said period calculated from the date of execution of this Agreement. Moneywise may, at its absolute discretion and subject to the Borrower being regular in payment of interest, renew the Loan Facility on the terms and conditions prevalent at the time of renewal. If and upon such renewal this Agreement shall apply to the renewed Loan Facility, subject only to the modifications so made. Accordingly, the Borrower and the Guarantor hereby agree and accept that the Securities, Promissory Note and/or this Agreement and other documents and writings executed by the Borrower and/or the Guarantor including pledge/ transfer or other security interest created by the Guarantor shall be valid and shall be continuing security by way of an exclusive charge of Moneywise for all monies which are due from the Borrower.

(ii) This agreement shall continue to be in force till all loans from Moneywise to the Borrower are repaid in full to the satisfaction of Moneywise and Moneywise issues a clearance certificate. However, the agreement shall continue to be operative for any loan granted during the continuance of the agreement and shall revive for any loan sanctioned within one year of the last full repayment.

(10) The Loan shall carry interest at the rate mentioned in the repayment schedule calculated on daily basis. Moneywise may determine the rate of interest from time to time with prior notice. Interest shall be calculated from the date of the disbursement of funds. The credit for receipt of funds outs shall be given on the next Working Day of realization of the funds in the bank account of Moneywise. Moneywise shall not be responsible for any delay on the part of the Borrower and/or the Bank to collect and/or deposit the cheque or otherwise.

(11) (a) In consideration of Moneywise agreeing to provide and/or Lend and advance the Loan Facility, the Securities available in the Designated DEMAT Account of the Borrower together with Securities that are to be received on Pay-Outs from the Exchange and the Margin available as Cash or securities pledge/ transfer d or transferred to Moneywise as collateral by the Borrower or the Guarantor from time to time, shall remain with Moneywise as an exclusive first charge for repayment of the Loan, interest, costs and any other charges etc, due to Moneywise. Without prejudice to the foregoing, Moneywise shall also be entitled to have recourse against assets of the Borrower specified in the application form and related documents. If on the expiry or non- renewal of the Loan Facility, the net sum realized by the sale of Securities and enforcement of other security is insufficient to cover the full amount of the Loan Amount, the Borrower agrees to pay to Moneywise forthwith on demand such amount as will make up the shortfall good.

(b) The Borrower and the Guarantor agree that the Lender may in its turn place any of the securities placed by him/her/it as Margin by way of pledge/ transfer/ sell/ assign or hypothecate for margin on his behalf with exchanges, banks or lending institutions to meet its own obligations, as the Lender may deem fit. The Borrower authorizes the Lender to do all such acts, deeds and things as may be necessary and expedient for the above purpose.

(c) The Borrower and / or Guarantor shall not have any right to proceed in any manner against the exchanges, banks or other lending institutions in respect of the securities pledged or transferred by the Lender in the matter of any dispute between the Borrower and the Lender, which may or may not concern securities provided by the Borrower.

(12) Upon any default in payment of dues and/or default in rectifying the deficiencies in Margin as mentioned in Clause 4 of this agreement the Borrower shall be liable to pay an additional interest at such rate as mentioned in the repayment schedule on the entire loan amount payable from the date of the default till the date of payment of the loan amount/rectification of Margin without prejudice to Moneywise’ other rights under this Agreement and in law.

(13) In consideration of Moneywise granting Loan Facility to the Borrower under this Agreement, the Guarantor unconditionally guarantees due and timely repayment of all Loan Amount according to its terms and compliance of all terms and conditions of this Agreement by the Borrower and to pay on first demand and without demur all amounts due against the Borrower under this Agreement, whether on account of principal loan, interest, additional interest, costs, charges, loss on sale of securities or otherwise jointly and severally. Any statement of account by Moneywise to the Borrower shall be binding on the Guarantor. This Guarantee shall be a continuing guarantee and shall not be revocable till all the payments as above have been made. It shall not be necessary for Moneywise to either exhaust other remedies against the Borrower or recover from other securities before proceeding against the Guarantor or to implead the Borrower in any claim or proceeding against the Guarantor. In case any claim of Moneywise is not enforceable against the Borrower for any reason, the Guarantor shall be liable to meet it as the principal debtor. This guarantee shall not be discharged by any subsequent variation of the terms of this Agreement by Moneywise as reserved to it in this Agreement or by any grant of time or other forbearance by Moneywise to the Borrower or by death or change of constitution of the Borrower or the Guarantor.

(14) Any notice or demand or any other communication required to be given herein by Moneywise to the Borrower and/or the Guarantor shall be made at the address, email, fax or telephone number given by the

Borrower/Guarantor mentioned in the Schedule to this Agreement and may be given by one or more of these modes. In the event of any change in the address or other particulars of the Borrower/Guarantor, the Borrower/Guarantor shall forthwith intimate the same to Moneywise, failing which service of notice or correspondence to the address given by the Borrower/Guarantor shall be deemed to have been served sufficient sent at that address and it would be deemed to have been delivered in the normal course to the Borrower/Guarantor. The receipt issued by the Post office, Courier acceptance note and/or fax/e-mail confirmation shall be construed to be conclusive proof of Moneywise having sent such notice. The term “Courier acceptance note” means the document issued by the courier company confirming delivery of the notice by Moneywise to the courier.

(15) The statement of account sent by Moneywise shall be treated as conclusive proof of the correctness of any sum claimed to be due from the Borrower unless the Borrower reverts to Moneywise within a period of 3 (three) working days from the date of communication of the statement of account.

(16) a. Moneywise shall be entitled to sell, assign or transfer its rights and obligations under this Agreement to any person(s) of Moneywise’ choice in whole or in part and in such manner and on such terms as Moneywise may decide and deem fit. Any such sale, assignment or transfer shall conclusively bind the Borrower. The Borrower undertakes to execute any additional documentation or agreement including novation agreement for this purpose. The Borrower shall not be entitled to directly or indirectly assign the benefits or obligations accruing to the Borrower under this Agreement.

b. Moneywise shall be entitled to raise refinance, loan or other financial accommodation from any bank, financial institution or other non-banking financial company or otherwise and for this purpose transfer the security interest created hereunder and/or to create pledge/ transfer of or transfer or assign the securities pledge/ transfer d or to be pledge/ transfer d by the Borrower, and in that connection the Lender may delegate any of the powers and authorities conferred by the Borrower upon Moneywise under the power of attorney, to and in favour of such bank, financial institution or NBFC.

(17) In consideration of the Loan sanctioned for financing, the Borrower and Guarantor unconditionally and irrevocably agree to indemnity reimburse and hold Moneywise and the Designated broker free and harmless against all liabilities, obligations, losses, damages, penalties, suits, costs, expenses, disbursements, claims, actions, proceedings in the event of any act of omission or commission by Moneywise in connection with this Agreement pursuant to the aforesaid loan;

(18) All costs (including legal costs), charges, expenses, taxes, duties, (including stamp duties) in relation to this Agreement and any document executed pursuant hereto and in relation to the creation, enforcement, realization and attempted realization of any Security shall be borne and paid by the Borrower. In the event the exchange or depository imposes any charges or levies on the securities or the transactions therein, the same shall be payable exclusively by the Borrower.

(19) Subject to other provisions of this Agreement Moneywise, may by giving 7 (seven) working days’ notice, change any and/or all terms of this Agreement inter alia with respect to the charges including rate of interest etc., margin requirement, notice period for rectifying margin, repayment of loan or any other terms, which it may deem fit. In the event of non-acceptance of any such change by the Borrower, the Loan Amount shall become immediately payable and Moneywise shall be entitled to close the Loan Facility by liquidating the collaterals.

(20) The Borrower agrees that this Agreement, the Promissory note, the Power of Attorney, Transfer instruction Slips and other documents and writings executed by the Borrower shall be irrevocable and shall not be revoked or be deemed cancelled by the death/dissolution/winding up of the Borrower and Moneywise may, notwithstanding the death /dissolution/winding up of the Borrower, enforce and sell any or all the Securities and/or cause any and all the Securities to be sold or transferred and /or otherwise act pursuant to the said Power of Attorney or any other deeds documents and writing executed by the Borrower and all such acts of Moneywise shall be binding on his legal heirs, administrators and successors.

d. has th

(21) (1) Without prejudice to what is stated hereinabove and other rights and remedies of Moneywise, Moneywise shall be entitled to forthwith recall the Loan Amount and enforce its rights under this Agreement, if any of the following events (“Events of Recall”) occurs, that is to say, if there is any-

(a) default by the Borrower in repaying the loan amount recalled or in payment of any interest, costs, charges and other amounts within 3 (three) working days from the date when due or when demanded;

(b) failure of the Borrower to maintain the Margin on the Loan Amount: (c) breach of any of the terms and conditions of this Agreement;

(d) utilization of the Loan for any anti- social business or for purposes other than those specified in the application form;

(e) default by the Borrower under any other loan/facility provided by Moneywise;

(f) bouncing of a cheque & or failure of ECS issued by the Borrower to Moneywise towards EMI or other liability;

(g) any extraordinary situation or circumstances come to notice which in the opinion of Moneywise may make it impossible for the Borrower to fulfill his obligations or repay the Loan;

(i) any information furnished by the Borrower or Guarantor to Moneywise in the application form or during the currency of the Loan is found to be misleading or incorrect or material feet is concealed in any material respect.

(j) Moneywise is at any time of the opinion feels/ realizes that it is against its business interest or reputation to continue to deal with the Borrower.

(l) transfer of business of the Borrower or reconstitution which involves change in the owners/partners/directors or management control or key personnel.

(m) the Borrower becomes the subject of proceedings under any bankruptcy or insolvency law or being a company, goes into liquidation or has a receiver appointed in respect of its assets or refers itself to the Board for Industrial and Financial Reconstruction or under any other law providing protection as a relief undertaking.

(n) the death/lunacy or other disability or disappearance of the Borrower

(o) Commencement of any legal proceedings against the Borrower under any criminal law in force

(q) default in payment under any other loan/facility by Moneywise under the guarantee of the Borrower.

(2) In the Event of Recall Moneywise may, without giving notice/ obtaining consent of the Borrower, be entitled (but not bound) to sell or otherwise dispose off, in any manner all or any of the Securities which are pledge/ transfer d and/or Securities available in the Designated DEMAT Account or the Borrower by public auction or private contract in such manner and upon such terms and subject to such conditions as Moneywise may think fit, and the proceeds of such sale or disposal shall be applied first in payment of all costs, charges, and expenses of and incidental to such sale or disposal and or enforcement of the pledge/ transfer secondly in repaying the Borrower’s dues and in respect of all outstanding due to Moneywise in respect of interest and thereafter for repayment of the Loan. Provided that the decision of Moneywise on the happening of an Event of Recall the number/ amount of Securities and the identification of Securities which are to be so sold or disposed of shall be final, conclusive and binding on the Borrower. Instead of making a market sale of securities, Moneywise shall also have the right to purchase such of the securities under sale, as it may think fit, and transfer the same from Borrower’s Designated DEMAT Account to its own DEMAT account if required and give credit to the Borrower to the extent of value of securities calculated at the closing Price of the said securities on the concerned Exchange. Provided that in the case of death of the Borrower who is an individual, MONEY WISE may in its discretion may not recall the loan, if prior to the recall the legal heirs or successors of the Borrower execute such agreements, documents and authorizations and/or provide such further assurances and securities as the Lender may require.

(3) Moneywise shall not in any way be liable for any loss in course of realization or disposal as provided hereinabove.

9

(9)(4)

(6)

(11)

BORROWER* Signature :

GUARANTOR Signature :

(4) In case, the proceeds of the sale or disposal of the securities are not sufficient to pay /repay the dues of Moneywise the Borrower binds himself and undertakes to make good the deficit immediately on request from Moneywise.

(5) In the event the Borrower (and the Guarantor as the case may be) do not clear the account on demand, Moneywise shall, without prejudice to or effect on its other rights and remedies, be entitled and the Borrower and the Guarantor hereby authorize Moneywise to publish the default in press or other audio visual media for public notice.

(6) Without prejudice to any other mode of recovery, Moneywise may exercise lien on any credit balance in favour of the Borrower/Guarantor under any other transaction or may request its associate to exercise lien for recovery out of any credit balance on such associate’s books. If the lien is not discharged by payment of the outstanding by the Borrower/Guarantor, Moneywise shall appropriate or request its associate to appropriate the credit amount or the proceeds of sale of asset under lien against the outstanding. Any appropriation of such credit towards recovery of the outstanding shall be a valid discharge of such credit balance.

(22) The Borrower and / or the Guarantor and the Lender hereby agree and confirm that all rights, liabilities and obligations pertaining to the pledged / transferred securities shall be subject to the right of the exchanges, banks or other lending institutions, in whose favour a pledge has been created by the Lender. The Borrower hereby further agrees and confirms that the pledge created in favour of the exchanges, banks or lending institutions by the Lender shall not be released or discharged until repayment of the loan availed by the Lender from exchanges, banks or lending institutions. The Borrower shall raise no objection to any action taken by the

exchanges, banks or other lending institutions against the Lender pursuant to the pledge or transferred.

(23) Any delay in exercise or omission to exercise any right, power or remedy accruing to Moneywise hereunder shall not impair or abridge any such right, power or remedy nor shall it be construed to be waiver thereof;

(24) The rights and remedies under this Agreement are cumulative and not exclusive any rights or remedies provided by law.

(25) If any provision of this Agreement is held invalid, void, illegal or unenforceable by any court of competent jurisdiction, it shall in no way affect or invalidate this agreement or any other provision contained herein. If such provision is held invalid in its scope or breadth, it shall be deemed valid to the extent of the scope and breadth permitted by law. All matters under this Agreement shall be subject to the exclusive jurisdiction of the Courts at NCT of Delhi.

(26) Any dispute or difference under or in connection with this Agreement, or any breach thereof, which cannot be settled by mutual negotiation between the Parties, shall be finally settled by arbitration conducted in accordance with the Arbitration and Conciliation Act, 1996 by a sole arbitrator. The Chairman of Moneywise shall nominate any reputed person conversant with stock market and financing as the Sole Arbitrator. In the event the person so nominated refuses or is unable to act as Arbitrator the Chairman of Moneywise shall nominate another person as the sole arbitrator and so on. The venue of the arbitration proceeding shall be NCT of Delhi.

(27) This Agreement shall come into effect and commence only on acceptance by Moneywise and execution by its authorized signatory at Kolkata.

Name and Addressof the Borrower

Name and Addressof the Guarantor

IN WITNESS WHEREOF the parties hereto have signed this Agreement in acceptance of all terms and conditions stated above.

Moneywise Financial Services Private Limited.

Name: …………………….………...…………

Signature:……………………..…..………….

Signature:………...............……………..…..………….

Name: …………………….……..................……………

Address : ………………….……….…………………

Signature:………...............……………..…..………….

Name: …………………….……..................……………

Address : ………………….……….…………………

(Authorized Signatory)Witnesses:

SCHEDULE

10

(10)

(5)

(7) (12)

To,

M/s Moneywise Financial Services Pvt. Ltd.

9B, Netaji Subhash Marg, Darya Ganj New Delhi-110002

Delhi

Dear Sirs,

It is to inform that I/we and the following parties may be treated as a group and any outstanding from one may be recovered/adjusted

from another. Accordingly, I authorize you to debit my account, in case of need, for outstandings from any of the following:

1.

2.

3.

4.

Your’s Faithfully,

Client Name: .....................................

Signature: ..........................................

11

(13)

LOAN AGAINST SECURITIES (LAS) POLICY forming part of Loan Agreement

12

(14)

WHEREAS Account(s) for the purpose of margin, margin deficiency, recovery of Loan/additional loan, interests cost charges and all other amounts recoverable under the agreement and for this

(A) I/We am/are desirous of subscribing/ buying/selling Demat Shares/commodities/primary securities and/or derivative contracts '(the “Securities”)through a Trading member/Member with purpose sign the pledge of such Securities in favour of Moneywise; and require and instruct and Stock Exchanges/Commodity Exchanges in India (the Exchange) designated by Moneywise intimate the depositories or the Depository participant/s to mark/sale of the said securities Financial Services (P) Ltd. Such Trading member/Member is hereinafter referred to as The and/or freezing of the Depository Accounts in which the said Securities are securities are held, Broker" and for this purpose to execute and deliver the relevant forms as may be prescribed from time to

time;(B) Moneywise Financial Services (P) Ltd. a Company registered under the companies act, 1956

and having its Corporate Office at 4th Floor, 9B, Netaji Subhash Marg, Daryaganj, Delhi -110002 (9) To create any lien, pledge or any other security interest on or in respect of any securities (herein referred to as "Moneywise") is in the business of granting Loans / additional Loans for belonging to me/us, including (and not limited to) the securities placed in any demat account for buying selling of Securities, finance the margin requirements of the Exchange, finance the mark my/our securities as per the terms of the Agreement, in favour of any bank, non banking financial to market loss of future and option segment of the Exchange and for other purposes against company (NBFC) or other financial institution for any loan, refinancing or other facility availed by Securities and as security for the due repayment of Loan / additional Loan together with interest Moneywise from such bank, NBFC or financial institution and in that connection to further and all costs, charges and expenses in respect thereof, it inter alia accepts Securities as Margin. delegate all or any of the powers hereby granted, to or in favour of such bank, NBFC, financial

institution or other entity.(C) At my/our request, Moneywise has sanctioned a Loan Facility to me/us for which I/we have

entered into a separate agreement with Moneywise. (10) To appoint or engage any other Brokers for effecting any such transfer, disposition, realization or encashment as the case may be;

(D) I/we have the following Demat Accounts(11) To give notices to the companies/ organizations in which the said Securities are held;

No.................................................. with.........................................................................(12) To receive all consideration consequent to any sale, transfer, disposition, realization or

No.................................................. with............................................................................... encashment and give proper receipts and valid and effectual discharge for the same;

as Depository Participant(s) for the purpose of holding Securities and receiving credit of (13) To appropriate the sale proceeds on sale and transfer of Securities available in my/our Demat Securities on account of transactions with the Broker and I am/we are required to give an Account maintained with the Broker and/or other Depository Participant against outstanding Irrevocable Power of Attorney to Moneywise for operating the Demat Account(s) and also interest and principal amount including all costs, charges and expenses due by me/us to authorizing Moneywise to deal with Securities and any of them and exercise all rights thereof Moneywise under the Loan Facility;which I/ we hereby do in the manner hereinafter appearing in respect of the said Loan Facility and any further additional Loans that may be granted by Moneywise. (14) To demand and receive all interests, dividends and all other accretions to the said Securities

whether by way of bonus or otherwise and to sign and execute proper receipts and give valid NOW YOU ALL KNOW AND THESE PRESENTS WITNESS that I/ we for myself/ ourselves and and effectual discharge for or in relation to the same and its sole discretion towards costs, my/ourselves and my/our heirs, executors, administrators and/or successors do hereby charges and expenses, interest including additional interest and towards repayment of the said irrevocably nominate, constitute and appoint Moneywise acting through any of its officers as Loan Facility/ additional Loan and give full receipts and complete discharge of amounts so my/our true and lawful Attorney for me/us in my/our name and my/our behalf and my/our cost collected, received or recovered;and risk to do, execute and perform all or any of the following acts or deeds, matters and things, that is to say: (15) To endorse or negotiate all interest/dividend warrants or other instruments from time to time

received in respect of or otherwise relating to the said Securities;(1) To buy / sell Securities through the Broker on my/our behalf and sign and documents that may

be necessary for the same; (16) For the better doing / performing and executing all matters and things aforesaid I/ We hereby further grant unto Moneywise full power and authority to substitute and appoint in its place and

(2) To pay/receive moneys and all amounts due to me/us from any and/or transactions done stead on such terms as it shall think fit one or more Attomey/s being an officer/officers of through the Broker; Moneywise to exercise for me/us as my Attomey/s with any or all powers and authorities hereby

conferred, to revoke any such appointments and to substitute or appoint, any person or others in (3) To make, tender or submit application or subscription for any IPO/FPO/MFs/Debt Securities and place of such Attomey/s as Moneywise shall from time to time think fit; andany other securities and to withdraw or recall any application or subscription so made.

(17) To comply with the provisions of the Companies Act, 1956, Securities Contracts (Regulation) Act (4) To instruct the Broker on my/our behalf and fix trading limits on Securities with the Broker;1956. Forward's Contracts (Regulation) Act, 1952 or any statutory re-enactment or modification

(5) To obtain and receive any and/or all reports, statements, contracts, information about my/our thereof for the time being in force or any other statute, legislation or enactment or any rule or transactions with the Broker; regulation and to sign such deeds, documents, forms, declarations or other papers that may be

required, nevertheless, compliance with the regulatory requirements shall be our primary (6) To operate any and /or all the Demat Accounts on my/our behalf and inter alia transfer Securities responsibility and Moneywise shall not be made liable for any non-compliance whatsoever.available in my/our Demat account maintained with the Broker and /or any other Depository

Participant and sign all instructions including change in Address/ Bank/ other particulars, issue AND GENERALLY to do, perform and execute all acts, deeds, matters and things relating to and of Delivery instructions slips, copy of statement as may be necessary for the same; concerning these presents as fully and effectual as if I/We were personally present and had

done, performed, executed the same myself/ourselves.(7) To transfer the Securities and Securities pledged for any other Loans or credit facilities from Moneywise in the name of Moneywise or name of the nominee(s) and to transfer, sell or dispose AND I/ we hereby agree to ratify and confirm all and whatsoever Moneywise may do or cause to or otherwise realize or encash the Securities or any of them and for the aforesaid purpose, to be done in pursuance of these presents.endorse the same or sign and execute all transfer slips, contracts, declarations, and

AND I/we hereby agree not to operate the Demat Account during the currency of these presents.instruments and writings as may be necessary or expedient for giving delivery thereof;

AND I/we shall not be entitled to revoke this Power of Attorney so long as any amount is due and (8) To close the pledge and/or create pledge on other securities available in my/our Demat outstanding under the Loan Facility granted by Moneywise to me/us under the said Agreement.

13

(15)

(16)

14

(17)

WHEREAS Account(s) for the purpose of margin, margin deficiency, recovery of Loan/additional loan, interests cost charges and all other amounts recoverable under the agreement and for this

(A) I/We am/are desirous of subscribing/ buying/selling Demat Shares/commodities/primary securities and/or derivative contracts '(the “Securities”)through a Trading member/Member with purpose sign the pledge of such Securities in favour of Moneywise; and require and instruct and Stock Exchanges/Commodity Exchanges in India (the Exchange) designated by Moneywise intimate the depositories or the Depository participant/s to mark/sale of the said securities Financial Services (P) Ltd. Such Trading member/Member is hereinafter referred to as The and/or freezing of the Depository Accounts in which the said Securities are securities are held, Broker" and for this purpose to execute and deliver the relevant forms as may be prescribed from time to

time;(B) Moneywise Financial Services (P) Ltd. a Company registered under the companies act, 1956

and having its Corporate Office at 4th Floor, 9B, Netaji Subhash Marg, Daryaganj, Delhi -110002 (9) To create any lien, pledge or any other security interest on or in respect of any securities (herein referred to as "Moneywise") is in the business of granting Loans / additional Loans for belonging to me/us, including (and not limited to) the securities placed in any demat account for buying selling of Securities, finance the margin requirements of the Exchange, finance the mark my/our securities as per the terms of the Agreement, in favour of any bank, non banking financial to market loss of future and option segment of the Exchange and for other purposes against company (NBFC) or other financial institution for any loan, refinancing or other facility availed by Securities and as security for the due repayment of Loan / additional Loan together with interest Moneywise from such bank, NBFC or financial institution and in that connection to further and all costs, charges and expenses in respect thereof, it inter alia accepts Securities as Margin. delegate all or any of the powers hereby granted, to or in favour of such bank, NBFC, financial

institution or other entity.(C) At my/our request, Moneywise has sanctioned a Loan Facility to me/us for which I/we have

entered into a separate agreement with Moneywise. (10) To appoint or engage any other Brokers for effecting any such transfer, disposition, realization or encashment as the case may be;

(D) I/we have the following Demat Accounts(11) To give notices to the companies/ organizations in which the said Securities are held;

No.................................................. with.........................................................................(12) To receive all consideration consequent to any sale, transfer, disposition, realization or

No.................................................. with............................................................................... encashment and give proper receipts and valid and effectual discharge for the same;

as Depository Participant(s) for the purpose of holding Securities and receiving credit of (13) To appropriate the sale proceeds on sale and transfer of Securities available in my/our Demat Securities on account of transactions with the Broker and I am/we are required to give an Account maintained with the Broker and/or other Depository Participant against outstanding Irrevocable Power of Attorney to Moneywise for operating the Demat Account(s) and also interest and principal amount including all costs, charges and expenses due by me/us to authorizing Moneywise to deal with Securities and any of them and exercise all rights thereof Moneywise under the Loan Facility;which I/ we hereby do in the manner hereinafter appearing in respect of the said Loan Facility and any further additional Loans that may be granted by Moneywise. (14) To demand and receive all interests, dividends and all other accretions to the said Securities

whether by way of bonus or otherwise and to sign and execute proper receipts and give valid NOW YOU ALL KNOW AND THESE PRESENTS WITNESS that I/ we for myself/ ourselves and and effectual discharge for or in relation to the same and its sole discretion towards costs, my/ourselves and my/our heirs, executors, administrators and/or successors do hereby charges and expenses, interest including additional interest and towards repayment of the said irrevocably nominate, constitute and appoint Moneywise acting through any of its officers as Loan Facility/ additional Loan and give full receipts and complete discharge of amounts so my/our true and lawful Attorney for me/us in my/our name and my/our behalf and my/our cost collected, received or recovered;and risk to do, execute and perform all or any of the following acts or deeds, matters and things, that is to say: (15) To endorse or negotiate all interest/dividend warrants or other instruments from time to time

received in respect of or otherwise relating to the said Securities;(1) To buy / sell Securities through the Broker on my/our behalf and sign and documents that may

be necessary for the same; (16) For the better doing / performing and executing all matters and things aforesaid I/ We hereby further grant unto Moneywise full power and authority to substitute and appoint in its place and

(2) To pay/receive moneys and all amounts due to me/us from any and/or transactions done stead on such terms as it shall think fit one or more Attomey/s being an officer/officers of through the Broker; Moneywise to exercise for me/us as my Attomey/s with any or all powers and authorities hereby

conferred, to revoke any such appointments and to substitute or appoint, any person or others in (3) To make tender or submit application or subscription for any IPO/FPO/MFs/debt securities and place of such Attomey/s as Moneywise shall from time to time think fit; andany other securities and to withdraw or recall any application or subscription so made.

(17) To comply with the provisions of the Companies Act, 1956, Securities Contracts (Regulation) Act (4) To instruct the Broker on my/our behalf and fix trading limits on Securities with the Broker;1956. Forward's Contracts (Regulation) Act, 1952 or any statutory re-enactment or modification

(5) To obtain and receive any and/or all reports, statements, contracts, information about my/our thereof for the time being in force or any other statute, legislation or enactment or any rule or transactions with the Broker; regulation and to sign such deeds, documents, forms, declarations or other papers that may be

required, nevertheless, compliance with the regulatory requirements shall be our primary (6) To operate any and /or all the Demat Accounts on my/our behalf and inter alia transfer Securities responsibility and Moneywise shall not be made liable for any non-compliance whatsoever.available in my/our Demat account maintained with the Broker and /or any other Depository

Participant and sign all instructions including change in Address/ Bank/ other particulars, issue AND GENERALLY to do, perform and execute all acts, deeds, matters and things relating to and of Dly instructions slips, copy of statement necessary for the same; concerning these presents as fully and effectual as if I/We were personally present and had

done, performed, executed the same myself/ourselves.(7) To transfer the Securities and Securities pledged for any other Loans or credit facilities from Moneywise in the name of Moneywise or name of the nominee(s) and to transfer, sell or dispose AND I/ we hereby agree to ratify and confirm all and whatsoever Moneywise may do or cause to or otherwise realize or encash the Securities or any of them and for the aforesaid purpose, to be done in pursuance of these presents.endorse the same or sign and execute all transfer slips, contracts, declarations, and

AND I/we hereby agree not to operate the Demat Account during the currency of these presents.instruments and writings as may be necessary or expedient for giving delivery thereof;

AND I/we shall not be entitled to revoke this Power of Attorney so long as any amount is due and (8) To close the pledge and/or create pledge on other securities available in my/our Demat outstanding under the Loan Facility granted by Moneywise to me/us under the said Agreement.

15

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Financial Services (P) Ltd. having their registered office at 18, Rabindra Sarani, Poddar Court Gate No-4, 5th floor, Kolkata-700001

se to pay Moneywise

and

a business office..

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Ref: A/C No. ___________________________________

Whereas the Hindu Undivided Family of ____________________________________________ is carrying on business in the firm name and style of ________________________________________ at ____________________________________________. and is desirous to have financial accommodation for the benefit of the family, in its firm name from Moneywise Financial Service (P) Ltd. (hereinafter referred as 'Moneywise').

1. We the undersigned, hereby confirm and declare that we are the present adult co-parceners of the said joint family; that ________________________ is the present Karta of the said joint family.

2. We confirm that affairs of HUF firm are carried on mainly by the Karta ________________________________ on behalf and in the interest and for the benefit of the family and all the co-parceners. We hereby authorize the Karta ____________________________ on behalf of the HUF to borrow funds for IPO / FPO / MFs / Debt Securities, Capital market segment (CM),Currency Derivatives segment, Futures and Options segment (F&O), Retail Debt Market segment (RDM) or any other segment that may be introduced by NSE/BSE in future and the said Moneywise is hereby authorized to honor all instructions oral or written, given by him on behalf of the HUF, in its firm name or otherwise indicating to act on behalf of the HUF.

Mr/Mrs _______________________________________________________________________ is authorized to sell, purchase, transfer, endorse, negotiate documents and/ or otherwise deal through Moneywise on behalf of the HUF _____________________ _________________________.

He is also authorized to sign execute and submit such applications, undertakings, agreements and other requisite documents, writings and deeds as may be deemed necessary or expedient to open and operate the account and give effect to this purpose and to bind us and the HUF. We are, however, jointly and severally responsible for all liabilities of the said HUF firm and the same shall be recoverable from the assets of any one or all of us as also from the estate of the said joint family including the interest therein of every co-parcener of the said joint family, including the share of the minor co-parceners, if any.

3. We undertake to advise Moneywise in writing of any change that may occur in the office of Karta or in the constitution of the said joint family or of said HUF firm and until receipt of such notice by Moneywise which shall be binding on the said joint family and the said HUF firm and on our respective estates. We shall, however, continue to be liable jointly and severally to the Moneywise for all dues obligations of the said HUF firm in the Moneywise's books on the date of the receipt of such notice by Moneywise and until all such dues and obligations shall have been liquidated and discharged.

4. We recognize that a beneficiary account can be opened with Depository Participant only in the name of Karta as per regulations. To facilitate the operation of the above funding account with you and for the purpose of completing the share transfer obligations pursuant to the trading operations, we authorize you to recognize the beneficiary account no __________________ with Depository __________________________________________________ Opened in the name of _________________________________ ______________________________________________ who is the Karta of this HUF.

5. The names and dates of the birth of the present minor co-parceners of the said joint family are given below. We undertake to inform you in writing as and when each of the said members attains the majority and is authorized to act on behalf of, and bind the said HUF firm.

Moneywise Financial Services (P) Ltd.4th Floor, 9B Netaji Subhash Marg,Daryaganj, Delhi-110002

Name of Minor

Name of Minor6

1

2

3

4

5

S.No. Date of Birth SignatureRelationship with KartaName of the Member

Yours TrulyName & Address of Karta (Signature of karta)

List of Family Members (Mandatory)

DECLARATION BY KARTA & ALL CO-PARCENERS (Compulsory In case of HUF Account)

Name of Client : ___________________________________

Signature of Client

Place :

Date :

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Date:...........................

TO

The Manager,Moneywise Financial Services Pvt Ltd.Delhi.

Dear Sir,

Reg: Disbursement of loan for subscription in IPO/FPO/MFs/Primary Market.

With regards to above, you are requested to finance the subscription of the following issues and issue cheques accordingly being part

disbursement of loan sanctioned by you on my request and loan documents. I am enclosing herewith my cheque / funds in your favor being my

margin money for the same. I assure you that my margin amount, whether by way of cheque or otherwise, will stand credited to your account

positively before the closure of the respective IPO. You have all the discretionary power to reject my application/request or withdraw the approval

at any time. I will keep you indemnified against any claims, losses or proceedings related to this. I absolve you from all liability in respect of

non/late furnishing of the subscription application(s) or its rejection by the issuer company(s) for any reason whatsoever.

Signature of the Client :

Name : .....................................................

Encl :

Chq. No : .............................

Drawn on : ...........................

Company Name / MF Scheme Number of shares/ units Application Number Amount (Rs.)

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To,

The Branch Manager,

.............................................

.............................................

Dear Sir/Madam,

Reference : Registration of Power of Attorney of my / our Account No. ............................................................................................ ("the

said account") with you.

I/We have entered into an arrangement with Moneywise Financial Services Pvt. Ltd, New Delhi for availment of loan/finance, whereby the

account will be operated by Moneywise Financial Services Pvt. Ltd, New Delhi through its authorized representative(s). Accordingly, in terms of

the aforesaid arrangement, I/We hereby confirm having granted a Power of Attorney (POA) in favor of Moneywise Financial Services Pvt. Ltd,

New Delhi ("the POA holder") with the powers to operate the said account maintained with you for and on my/our behalf and in my/our name/(s).

The original POA / Notarized copy of POA is attached herewith.

I/We hereby confirm that the POA holder shall have absolute discretion to operate the said account on my/our behalf. Accordingly, I/we authorise

the Bank to act on the instructions received from the POA holder and the Bank shall stand fully discharged from its obligations by acting in

accordance with the instructions of the POA holder.

I/We hereby confirm that I/we will not give/issue any instructions for the operation of the account and if any instructions are given by me / us, the

bank shall have the full rights to give prior intimation to the POA holder regarding such instructions and / or related instructions received from

me/us in this regard.

If I/we intend to revoke the POA, I/we shall give notice of revocation in writing to the POA holder and to the Bank. I/we acknowledge and

understand that the Bank shall register/update the said revocation in its system within 30 working days from receipt of the revocation notice

(together with the acknowledged copy of the revocation notice addressed to the POA holder) by the Bank. The Bank shall not be liable for any

consequences arising due to operation of the said account pending registration of revocation of the said POA in the Bank's system.

I/We acknowledge that it is, inter alia, on the strength and basis of this Authority Letter and the POA that you have at our request agreed to permit

the POA holder to operate the said account and I/we state and confirm that the Bank shall not be held Liable for anything done or having given

effect to any transaction or acted on the instructions of the POA holder in respect of the said account. I always keep the bank harmless in this

regard.

I/We request you to kindly arrange to register the said POA in your records.

Further, I / We request you to register the correspondence address as C/0 Moneywise Financial Services Pvt. Ltd. 9B, Netaji Subhash Marg,

Darya Ganj, New Delhi 110 002.

And request you to dispatch all the relevant deliverables necessary for operation of the account to the above address.

Yours truly,

Signature of the Account Holder(s) : ......................................................................................................

Name of the Account Holder(s) : ........................................................................................................................................................................

Address of the Account Holder(s) : ....................................................................................................................................................................

...........................................................................................................................................................................................................................

Place : Delhi Date :

Note : Address proof of both parties is mandatory

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TO ALL WHOM THESE PRESENT SHALL COME WE

(1)........................................................................................................................................................................................................................................

(2)........................................................................................................................................................................................................................................

(3)........................................................................................................................................................................................................................................

(4)........................................................................................................................................................................................................................................

carrying on business in partnership in the firm name and style of M/s ......................................................................................................................... or the

trustees of .................................................................................... or Karta of ..................................................................................................................

having its principal place of business at ........................................................................................

SEND GREETINGS:

WHEREAS

I/ We am/are desirous of executing in favour of Moneywise Financial Services Pvt. Ltd.

having its corporate office at 9B, Netaji Subhash Marg, Daryaganj, Delhi 110002 an irrevocable power of attorney authorizing Moneywise Financial Services

Pvt. Ltd. as my true and lawful attorney, for me/us, in my/our name and on my/our behalf to do various acts, deeds and things.

NOW KNOW AND ALL THESE PRESENTS WITNESS that I/We for myself/ourselves and my/our heirs, executor, administrators and/or successors and

permitted assigns do hereby irrevocably nominate, constitute and appoint Moneywise Financial Services Pvt. Ltd. acting through any of its officers as my/our

true and lawful attorney for me/us in my/our name and on my/our behalf and at my/our costs, risks and consequences to do, execute and perform all or any of the

following acts, deeds, matters and things ("Attorney");

(1) To operate bank accounts, including but not restricted to savings or current accounts with your bank and to sign and draw cheques, drafts, slips, receipts

and / or any other negotiable instruments, to transfer monies including inter-alia through internet/ENET and to otherwise operate the said accounts with full

authority or withdraw the amounts standing to my/our credit in the said accounts or transfer the funds and/or interest from the said accounts to other bank

accounts.

(2) In relation to the aforesaid bank accounts, to avail all the banking facilities including but not limited to Net banking, Phone banking, and to avail for and obtain

the secret password, PIN, TIN and all other operational requirements and if required to execute for and in my/our name(s) all requisite documents including

indemnities and to enter into, make, sign, seal, execute, deliver, acknowledge or perform any agreement, contract, deed, or thing on my/our behalf which in

the opinion of the said attorney may be necessary or proper in respect of the aforesaid activities.

I/We also hereby authorize the said Attorney to present for registration and admit execution on my/our behalf all documents executed in this regard. AND

GENERALLY to do, execute and perform any other act, deed or thing whatsoever which in the opinion of the aforesaid Attorney ought to be done, executed or

performed in relation to the aforesaid matters as fully and effectually in all respect as I/We myself would do the same if I/We was/were personally present. Lastly,

this Power of Attorney shall cease to have effect upon my expiry and/or on being cancelled by me in writing. AND I/we hereby agree and undertake to ratify and

confirm all the whatsoever which the aforesaid Attorney shall lawfully do or purport to do by virtue of this power of attorney. AND I /we shall not be entitled to

revoke this Power of Attorney so long as I/We do not submit a No Objection Certificate from the Attorney. This document shall be subject to the

jurisdiction of the Courts in Delhi.

Mr./Ms. .................................................................................

Signature :

Mr./Ms. .................................................................................

Signature :

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TO ALL WHOM THESE PRESENT SHALL COME. I ........................................................................................................... Son / Daughter of

..................................................................................... , residing at ...........................................................................................

SEND GREETINGS:

WHEREAS

I/ We am/are desirous of executing in favour of Moneywise Financial Services Pvt. Ltd having its corporate office at 9B, Netaji Subhash Marg,

Daryaganj, Delhi 110002 an irrevocable power of attorney authorizing Moneywise Financial Services Pvt. Ltd. as my true and lawful attorney, for

me/us, in my/our name and on my/our behalf to do various acts, deeds and things.

NOW KNOW ALL AND THESE PRESENTS WITNESS that I/We for myself/ourselves and my/our heirs, executor, administrators and/or

successors and permitted assigns do hereby irrevocably nominate, constitute and appoint Moneywise Financial Services Pvt. Ltd. acting

through any of its officers as my/our true and lawful attorney for me/us in my/our name and on my/our behalf and at my/our costs, risks and

consequences to do, execute and perform all or any of the following acts, deeds, matters and things ("Attorney");

(1) To operate bank accounts, including but not restricted to savings or current accounts with your bank and to sign and draw cheques, drafts,

slips, receipts and / or any other negotiable instruments, to transfer monies including inter-alia through internet/ENET and to otherwise

operate the said accounts with full authority or withdraw the amounts standing to my/our credit in the said accounts or transfer the funds

and/or interest from the said accounts to other bank accounts.

(2) In relation to the aforesaid bank accounts, to avail all the banking facilities including but not limited to Net banking, Phone banking, and to

avail for and obtain the secret password, PIN, TIN and all other operational requirements and if required to execute for and in my/our

name(s) all requisite documents including indemnities and to enter into, make, sign, seal, execute, deliver, acknowledge or perform any

agreement, contract, deed, or thing on my/our behalf which in the opinion of the said attorney may be necessary or proper in respect of the

aforesaid activities.

I/We also hereby authorize the said Attorney to present for registration and admit execution on my/our behalf all documents executed in this

regard. AND GENERALLY to do, execute and perform any other act, deed or thing whatsoever which in the opinion of the aforesaid Attorney

ought to be done, executed or performed in relation to the aforesaid matters as fully and effectually in all respect as I/We myself would do the

same if I/We was/were personally present.

Lastly, this Power of Attorney shall cease to have effect upon my expiry and/or on being cancelled by me in writing.

AND I/we hereby agree and undertake to ratify and confirm all the whatsoever which the aforesaid Attorney shall lawfully do or purport to do by

virtue of this power of attorney.

AND I /we shall not be entitled to revoke this Power of Attorney so long as I/We do not submit a No Objection Certificate from the Attorney.

This document shall be subject to the jurisdiction of the Courts in Delhi.

IN WITNESS where of I/We set my/our hand at this ....................................................... day of ..................................................... 20............

Mr./Ms. .................................................................................

Signature :

Mr./Ms. .................................................................................

Signature :

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RISK DISCLOSURE DOCUMENT LOAN AGAINST SECURITIES (LAS)

There are inherent risks associated with borrowing against Marketable Securities. You should thereof consider carefully whether such borrowing is appropriate to you and your particular financial circumstances. Some of the issues which you should take note of an understand in deciding whether to borrow moneys on this basis, are given below. However, you should take independent advice, especially on the risks involved, before entering into LAS, agreement and availing the loan under LAS facility. Moneywise Financial Services (P) Ltd. is not providing personal investment advice in making the LAS facility available. In particular, Moneywise Financial Services (P) Ltd., in providing this facility to you has not considered in any way its suitability to your financial circumstances and needs etc.

1. You are exposed to the volatility of the market and to the determination by Moneywise Financial Services (P) Ltd. , of the value of the securities forming part of your margin / security. If there is a decrease in the value of the securities which are forming a part of your margin, you will required to make up the shortfall of such margin on a short notice. Moneywise Financial Services (P) Ltd., may lend funds up to the point where the Security Value of your portfolio has prescribed margin coverage over and above your loan value. Each approved Security is assigned a Valuation factor. The market value of a Security multiplied by its Valuation factor represents the maximum amount Moneywise Financial Services (P) Ltd., shall at any point of time lend against that Security provided it has prescribed margin coverage over and above the loan amount. Moneywise Financial Services (P) Ltd., may will affect the amount which Moneywise Financial Services (P) Ltd., is prepared to advance and as regards your existing loan outstanding you may be required to either top up your borrowing to acceptable levels. In some instance the shortfall must be made good within few hours of receipt of notice communication of shortfall.

Examples:

(a) Lets consider the following example where the value of the loan / finance amount is denoted by, "a", value of the securities forming part of the margin is denoted by "b" and the margin % is [(b a)/b]*100 and

a = Rs. 30,00,000

b = Rs. 50,00,000

margin % = [(50,00,000-30,00,000)/50,00,000}*100 = 40%

i.e., you have securities (forming margin / security) with a market value of say Rs. 50,00,000 against a loan balance of Rs. 40,00,000 from Moneywise Financial Services (P) Ltd. , the available margin is 40% assuming that Moneywise Financial Services (P) Ltd, require you to maintain atleast 40% margin in your LAS account in the form of approved securities, your position is just satisfactory.

Now taking a hypothetical example if due to fall in the market & / or fall in the value of particular shares / stocks / securities against which you have availed the loan, the value of your margin / security falls to say Rs. 40,00,000, the revised available margin % position shall stand changed as under:

a = Rs. 30,00,000

b = Rs. 40,00,000

margin % = [(40,00,000 - 30,00,000)/40,00,000}*100 = 25%

Now as Moneywise Financial Services (P) Ltd. .requires you to maintain atleast 40% margin in your LAS account in the form of approved securities, there arises a margin shortfall in your loan account and accordingly you would therefore be required to repay proportionate amount of your loan according to the value of the margin short fall in your account in order to bring your margin % at desired level or alternatively, you may provide additional approved securities to be held as collateral against your loan. These securities would have to have market value which, when multiplied by the appropriate valuation factor would make up the margin shortfall and raise your available margin % of the desired level, which in this illustration is 40%.

If you are unable to make up the shortfall by following either or both of these courses of action, Moneywise Financial Services (P) Ltd. may be forced to sell your securities to meet the above mentioned margin shortfall in your account. If you are required to make good any shortfall, Moneywise Financial Services (P) Ltd. is entitled to exercise its rights against any security held it, even if you have not received notice of the shortfall.

As your are required to ensure maintenance of required margin on your own without notice, Moneywise Financial Services (P) Ltd. may decide to take liquidation / sale action of your shares / stocks / securities at any time without notice, if circumstances so require in the opinion and discretion of Moneywise Financial Services (P) Ltd. such situations may disallow you to respond by making payments if you have been depending on margin calls / demands by Moneywise Financial Services (P) Ltd. by telephone and / or email etc. (b) An even more extreme situation may arise if the value of your shares / stocks / securities falls to such levels that their cumulative value falls below the balance of your loan amount. In this case, even after sale / liquidation of your entire set of shares / stocks / securities i.e. portfolio, there may still remain balance payable by you in your loan account. It may also be worth considering that as Moneywise Financial Services (P) Ltd. is entitled to sell any security that it holds as collateral / security, if necessary, to make good the shortfall it may sell such shares / stocks which you may not have desired to be sold.

FURTHER IN MOST OF SUCH SITUATIONS EXTREME LOSSES MAY ACCRUE TO YOU AS YOU AS YOUR SECURITIES WOULD GET SOLD IN A DEPRESSED MARKET CONDITION AND MAY FETCH YOU MUCH SMALLER AMOUNTS THAN WOULD HAVE BEEN THE CASE IN DIFFERENT MARKET CONDITIONS.

2. You should also take the precautionary measure of calling Moneywise Financial Services (P) Ltd. to discuss the impact on your position if there are changes occurring in the market which may require topping up of margin by you, If you are intending to travel or if you are not likely to be contactable for a period of time, arrangements should be made so that, if necessary, additional securities or funds can be placed with Moneywise Financial Services (P) Ltd. In this way you can protect yourself against Moneywise Financial Services (P) Ltd. taking action to liquidate shares / stocks / securities held as security, to make good any shortfall occasioned by a drop in value of the securities or a change in the applicable valuation factor.

3. The amount that Moneywise Financial Services (P) Ltd. is prepared to advance against the securities forming part of your margin and the securities against which Moneywise Financial Services (P) Ltd. is prepared to advance money is not an indication of the financial stability or financial prospects of the securities selected and should not be used as a guide to which securities you decide to borrow against.

4. If you are acting as a guarantor of such borrowing, by virtue of such guarantee you will assume personal liability for amounts due to Moneywise Financial Services (P) Ltd. and will bear the risks that have been outlined above.

5. Moneywise Financial Services (P) Ltd. does not provide taxation advice, and recommends that you seek professional taxation advice before making any investment or making an application for a loan under the securities based lending scheme.

6. If you are intending to negatively gear your investment you should be aware that you may not have received the income or the benefit of any tax deductions at the time you are required to pay interest to Moneywise Financial Services (P) Ltd. There is therefore a possible timing mismatch in terms of making an interest payment before you receive any tax benefit. You should ensure that you will have adequate income or resources at all times to make any interest payments you are required to make or that you have sufficient borrowing capacity under the LAS facility to allow capitalization of interest.

Signed and delivered by the within named

Borrower : .........................................................................................................................

Witness : ..........................................................................................................................

Place : ............................................................................. Date :

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Corporate office :

9B, 4th Floor, Netaji Subhash Marg, Daryaganj, New Delhi-110 002

Ph : 91-11-23243958, 23243959 Telefax : 91-11-23243959

E-mail : fund@smcfinance.com

Regd. office :

18, Rabindra Sarani, Poddar Court, Gate No-4, 5th floor, Kolkata-700 001