Retail Installment Credit Agreement Template for India

1. Security Provisions: Required if the credit is secured by any assets or guarantees

2. Insurance Requirements: Include if insurance is mandatory for the credit facility

3. Electronic Transaction Terms: Required if the agreement allows for digital payments or communications

4. Co-borrower Terms: Include if there are multiple borrowers or guarantors

5. Auto-debit Authorization: Required if installments are to be automatically debited from bank account

6. Special Category Benefits: Include if applicable for specific customer categories (senior citizens, students, etc.)

1. Schedule 1 - Repayment Schedule: Detailed month-wise breakdown of installment amounts

2. Schedule 2 - Fee Schedule: Comprehensive list of all applicable fees and charges

3. Schedule 3 - KYC Documents: List of identity and address proof documents provided

4. Appendix A - Terms of Auto-debit: Detailed terms for automatic payment deduction if applicable

5. Appendix B - Declaration Form: Standard declaration form as required by RBI guidelines

6. Appendix C - Product-specific Terms: Special terms applicable to specific credit products