Common use of DISCLOSURE OF DETAILS OF BORROWERS Clause in Contracts

DISCLOSURE OF DETAILS OF BORROWERS. (a) The Borrower(s) agree as a pre-condition of the credit facility granted by the Bank that in case any default is committed in the repayment of the loan/advance or in repayment of interest thereon or any of the agreed instalment of the loan on due date/s, the Bank and/or the Reserve Bank of India will have an unqualified right to disclose or publish the name and photograph of the Borrower(s) as defaulter in such manner and though such medium as the Bank or the Reserve Bank of India in their absolute discretion may think fit. (b) The Borrower(s) agree as a precondition of the loan/advances given to him/them by the bank, the Borrower(s) hereby agrees and give consent to the disclosure by the Bank of all or any such (a) information and data relating to the Borrower(s), (b) the information or data relating to any credit facility availed of/to be availed by the Borrower(s) and (c) default, if any, committed by the Borrower(s) in discharge of Borrower(s)‟ such obligation as the Bank may deem, appropriate and necessary, to disclose and furnish to Credit Information Bureau (India) Ltd (CIBIL) or any other agency authorised in this behalf by RBI. The Borrower(s) also declares that the information and data furnished by the Borrower(s) to the bank are true and correct. The Borrower(s) undertakes that (a) the Credit Information Bureau (India) Ltd. (CIBIL) or any other agency so authorised may use, process the said information and data disclosed by the Bank in the manner as deemed fit by them; and (b) the Credit Information Bureau (India) Ltd. (CIBIL) or any other agency so authorised may furnish for consideration, the proposed information and data or products thereof prepared by them, to any Banks/Financial Institutions and other credit grantors or registered users, as may be specified by Reserve Bank of India in this behalf. Further, the Borrower(s) hereby confirm that the Borrower(s) shall not raise any dispute in whatsoever manner regarding information/details furnished to CIBIL/other authorities and the same is binding on the Borrower(s).

DISCLOSURE OF DETAILS OF BORROWERS. (a) 1. The Borrower(s) agree Borrower agrees as a pre-condition of the credit facility granted by the Bank that in case any default is committed in the repayment of the loan/advance or in repayment of interest thereon or any of the agreed instalment of the loan on due date/s, the Bank and/or the Reserve Bank of India will have an unqualified right to disclose or publish the name and and/or photograph of the Borrower(s) Borrower as defaulter in such manner and though such medium as the Bank or the Reserve Bank of India in their absolute discretion may think fit. (b) The Borrower(s) agree as a precondition of the loan/advances given to him/them by the bank, the Borrower(s) hereby agrees and give consent to the disclosure by the Bank of all or any such 2. (a) The Borrower understand that as a pre-condition, relating to grant of the credit facilities, The South Indian Bank Ltd., requires Borrower‟s consent for the disclosure of, information and data relating to the Borrower(s)Borrower, (b) of the information or data relating to any credit facility availed of/to be availed of, by the Borrower(s) Borrower, obligations assumed/to be assumed, by the Borrower , in relation thereto and (c) default, if any, committed by the Borrower(sBorrower , in discharge thereof. (b) Accordingly, the Borrower hereby agree and give consent for the disclosure by The South Indian Bank Ltd. of all or any such; i) Information and data relating to the Borrower. ii) The information or data relating to any credit facilities availed/to be availed by the Borrower and iii) Default, if any, committed by the Borrower in discharge of Borrower(s)‟ such obligation of Borrower , as the Bank may deem, deem appropriate and necessary, necessary to disclose and furnish to Credit Information Bureau (India) Ltd (CIBIL) or and/or any other agency authorised in this behalf by RBI. (c) The Borrower(s) Borrower also declares declare that the information and data furnished by the Borrower(s) Borrower to the bank Bank are true and correct. (d) The Borrower(s) undertakes Borrower undertake that (ai) the Credit Information Bureau (India) Ltd. (CIBIL) or and/or any other agency so authorised may use, process the said information and data disclosed by the Bank in the manner as deemed fit by them; and (bii) the Credit Information Bureau (India) Ltd. (CIBIL) or any other agency so authorised may furnish for consideration, the proposed information and data or products thereof prepared by them, to any Banks/Financial Institutions and other credit grantors or registered users, as may be specified by Reserve Bank of India in this behalf. Further, the Borrower(s) hereby confirm that the Borrower(s) shall not raise any dispute in whatsoever manner regarding information/details furnished to CIBIL/other authorities and the same is binding on the Borrower(s).

DISCLOSURE OF DETAILS OF BORROWERS. (a) 1. The Borrower(s) agree Borrower agrees as a pre-condition of the credit facility granted by the Bank that in case any default is committed in the repayment of the loan/advance or in repayment of interest thereon or any of the agreed instalment of the loan on due date/s, the Bank and/or the Reserve Bank of India will have an unqualified right to disclose or publish the name and and/or photograph of the Borrower(s) Borrower as defaulter in such manner and though such medium as the Bank or the Reserve Bank of India in their absolute discretion may think fit. (b) The Borrower(s) agree as a precondition of the loan/advances given to him/them by the bank, the Borrower(s) hereby agrees and give consent to the disclosure by the Bank of all or any such 2. (a) The Borrower understand that as a pre-condition, relating to grant of the credit facilities, The South Indian Bank Ltd., requires Borrower‟s consent for the disclosure of, information and data relating to the Borrower(s)Borrower, (b) of the information or data relating to any credit facility availed of/to be availed of, by the Borrower(s) Borrower, obligations assumed/to be assumed, by the Borrower, in relation thereto and (c) default, if any, committed by the Borrower(sBorrower , in discharge thereof. (b) Accordingly, the Borrower hereby agree and give consent for the disclosure by The South Indian Bank Ltd. of all or any such; i) Information and data relating to the Borrower. ii) The information or data relating to any credit facilities availed/to be availed by the Borrower and iii) Default, if any, committed by the Borrower in discharge of Borrower(s)‟ such obligation of Borrower , as the Bank may deem, deem appropriate and necessary, necessary to disclose and furnish to Credit Information Bureau (India) Ltd (CIBIL) or and/or any other agency authorised in this behalf by RBI. (c) The Borrower(s) Borrower also declares that the information and data furnished by the Borrower(s) Borrower to the bank Bank are true and correct. (d) The Borrower(s) undertakes that (a) the Credit Information Bureau (India) Ltd. (CIBIL) or any other agency so authorised may use, process the said information and data disclosed by the Bank in the manner as deemed fit by them; and (b) the Credit Information Bureau (India) Ltd. (CIBIL) or any other agency so authorised may furnish for consideration, the proposed information and data or products thereof prepared by them, to any Banks/Financial Institutions and other credit grantors or registered users, as may be specified by Reserve Bank of India in this behalf. Further, the Borrower(s) hereby confirm that the Borrower(s) shall not raise any dispute in whatsoever manner regarding information/details furnished to CIBIL/other authorities and the same is binding on the Borrower(s).Borrower undertake that

DISCLOSURE OF DETAILS OF BORROWERS. (a) 1. The Borrower(s) agree Borrower agrees as a pre-condition of the credit facility granted by the Bank that in case any default is committed in the repayment of the loan/advance or in repayment of interest thereon or any of the agreed instalment of the loan on due date/s, the Bank and/or the Reserve Bank of India will have an unqualified right to disclose or publish the name and and/or photograph of the Borrower(s) Borrower as defaulter in such manner and though such medium as the Bank or the Reserve Bank of India in their absolute discretion may think fit. (b) The Borrower(s) agree as a precondition of the loan/advances given to him/them by the bank, the Borrower(s) hereby agrees and give consent to the disclosure by the Bank of all or any such 2. (a) The Borrower understand that as a pre-condition, relating to grant of the credit facilities, The South Indian Bank Ltd., requires Borrower‟s consent for the disclosure of, information and data relating to the Borrower(s)Borrower, (b) of the information or data relating to any credit facility availed of/to be availed of, by the Borrower(s) Borrower, obligations assumed/to be assumed, by the Borrower, in relation thereto and (c) default, if any, committed by the Borrower(sBorrower , in discharge thereof. (b) Accordingly, the Borrower hereby agree and give consent for the disclosure by The South Indian Bank Ltd. of all or any such; i) Information and data relating to the Borrower. ii) The information or data relating to any credit facilities availed/to be availed by the Borrower and iii) Default, if any, committed by the Borrower in discharge of Borrower(s)‟ such obligation of Borrower , as the Bank may deem, deem appropriate and necessary, necessary to disclose and furnish to Credit Information Bureau (India) Ltd (CIBIL) or and/or any other agency authorised in this behalf by RBI. (c) The Borrower(s) Borrower also declares that the information and data furnished by the Borrower(s) Borrower to the bank Bank are true and correct. (d) The Borrower(s) undertakes Borrower undertake that (ai) the Credit Information Bureau (India) Ltd. (CIBIL) or and/or any other agency so authorised may use, process the said information and data disclosed by the Bank in the manner as deemed fit by them; and (bii) the Credit Information Bureau (India) Ltd. (CIBIL) or any other agency so authorised may furnish for consideration, the proposed information and data or products thereof prepared by them, to any Banks/Financial Institutions and other credit grantors or registered users, as may be specified by Reserve Bank of India in this behalf. Further, the Borrower(s) hereby confirm that the Borrower(s) shall not raise any dispute in whatsoever manner regarding information/details furnished to CIBIL/other authorities and the same is binding on the Borrower(s).