Credit App

FOR SETTLED ACCOUNT
TAMSUK DEED

Proforma of undertaking to be obtained at the time of settlement of protested bill/suit filed/decreed accounts (including accounts in which action taken under SRFAESI Act) from the borrower(s)/guarantor(s)

This undertaking is made here at __________ on this _____day of ______by the following:

1. Shri_____________________S/o________________________aged______ years R/o_______________________________________________________________

2. Shri_____________________S/o________________________aged______ years R/o_______________________________________________________________

3. Shri_____________________S/o________________________aged______ years R/o_______________________________________________________________

Whereas we, the above named confirm that Cent Bank Homer Finance Limited had sanctioned _____________ loan of Rs.____________ on ____________ to us bearing interest @_____________in accordance with the agreement with them and other documents executed by us. This loan was granted against the security by way of equitable mortgage of our property situated at___________________________________________ and personal guarantee of __________________________S/o _____________________R/o___________________________________. We accordingly availed the said loan. However, due to reasons_________________________________ our ______________loan account with Cent Bank Home Finance Limited B/o______________ became irregular.

Whereas the amount in subject account of ________________________________________________________________________ outstanding as on_____________is Rs._____________________. The amount as outstanding liability/debt is acknowledged and confirmed by us.

Whereas pursuant to the legal/demand notices dated_____________and ______________served on us by the Cent Bank Home Finance Limited, the company has informed us about its intention to institute civil suit/action under Securitisation and