BFL definition

BFL means
BFL means Bajaj Finance Limited.
BFL shall have the meaning provided in the first paragraph of this Agreement.

Examples of BFL in a sentence

  • Third party lien on deposit is NOT permitted under any circumstance except in favour of the holding/subsidiary and /or Group Companies of BFL.

  • Application Form along with the necessary remittance should be sent to the Distributors of the Fixed Deposit Schemes of BFL or be submitted at any of the BFL branches.

  • The applicant can also introduce himself/herself by producing original of any one of the documents (which contains the photograph of the applicant) mentioned in the list of Mandatory and Officially Valid Documents provided in the Application and a recent coloured photograph to BFL for verification.

  • Under all circumstances, mere re-issuance of FDR(s) by BFL against single deposit of money will not result in duplication of payment or higher liability on the part of BFL.

  • Notwithstanding the re-issuance of FDR(s), the obligation of BFL is limited to the single FDR only, against which the money has been received by BFL.

  • The applicant can also obtain introduction from any other fixed deposit holder with BFL.

  • Monitor shall be entitled to compensation on the same terms as being extended to/provided to Independent Directors on BFL Board.

  • The entities incorporated/registered/ constituted in India and carrying business in India are eligible for placing Deposit with BFL.

  • Where there is no nomination made by the depositor, either the Indian Court's order/ judgement/ decree will be obtained (as the case may be), directing BFL to pay the deposit to the legal heir.

  • Non-submission of relevant form or submission of incomplete/incorrect form may result in tax deduction and BFL will not be responsible for the same.


More Definitions of BFL

BFL means Bennett Fertilisers Ltd or any agents or employees thereof.
BFL means Bajaj Finance Limited, a Non-Banking Financial Company registered with Reserve Bank of India and carrying the business of loans, deposits & wealth management products by catering to the varied needs of Retail & Corporate customers directly by itself and through its dealers and distributor network.

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