Place: Pune
Date: 4 April 2026
1.1 Landlord: Ramesh Kumar Verma and Sunita Verma, of Flat 402, Sai Residency, Aundh Road, Pune 411020 (the "Landlord").
1.2 Tenant: Ananya Krishnan, of 12/3, Second Cross Street, Adyar, Chennai 600020 (the "Tenant").
1.3 Premises: Flat B-704, Green Meadows CHS, Baner Road, Pune 411045 (the "Premises"). Use: Residential.
2.1 The Landlord and the Tenant have entered into a rent agreement dated 1 April 2026 for the Premises (the "Rent Agreement"). The tenancy under it begins on 2 April 2026. The agreed monthly rent is ₹35,000 (Rupees Thirty Five Thousand only).
2.2 This receipt records the security deposit paid under the Rent Agreement and confirms the terms on which it is held and refunded. It confirms what the parties have already agreed. It does not create a new tenancy, and it does not vary the Rent Agreement. If anything here conflicts with the Rent Agreement, the Rent Agreement prevails.
2.3 This receipt is issued in two identical copies. The Tenant keeps the original.
3.1 The Landlord acknowledges having received from the Tenant a sum of ₹2,00,000 (Rupees Two Lakh only) (the "Deposit").
3.2 The Deposit was paid on 3 April 2026 by Bank transfer (NEFT / RTGS / IMPS / UPI). Payment reference: UTR HDFC0026041912345.
3.3 The Deposit has been received in full. Nothing further is due from the Tenant on account of the security deposit.
4.1 The Deposit is a refundable security deposit. The Landlord holds it only as security for the Tenant's obligations under the Rent Agreement, and it stays repayable to the Tenant on the terms in clause 6.
4.2 The Deposit is not rent, and it is not rent paid in advance for any month of the tenancy.
4.3 The Deposit is not a premium, fine, pagdi, salami, key money or any other non-refundable payment for the grant of the tenancy, and it is not payment for goodwill, furniture or fittings.
4.4 Because the Deposit is refundable and is not rent, the parties have not treated it as the Landlord's rental income. If any part of the Deposit is later applied towards rent by written agreement between the parties, that part will be treated as rent from the date it is applied, and each party will then meet the tax obligations that arise on rent, including deduction of tax at source where it applies.
4.5 Neither party may unilaterally convert the Deposit into rent. In particular, the Tenant may not stop paying rent for the last month or months of the tenancy on the basis that the Deposit covers it, and the Landlord may not appropriate the Deposit towards rent that has not yet fallen due.
5.1 Interest payable by the Landlord on the Deposit during the tenancy: No interest.
5.2 Any interest agreed under clause 5.1 is paid together with the refund under clause 6.