SBFC definition

SBFC or “The Lender”) and the Borrower (“The Borrower” or “The Customer”) as detailed in the sanction letter, loan agreement and or any other documents, if any, (collectively referred to as the “Loan Documents”), the key Terms and Conditions are mentioned in this MITC. The MITC must be read in conjunction with the terms and conditions of the Loan documents. The loan availed by the Borrower shall be governed by the Loan Documents. In the event of any conflict between the MITC set out herein and the Loan Documents, the terms and conditions of the Loan Documents shall prevail. The scan copy of the Loan Agreement can be accessed on customer portal through SBFC website (▇▇▇.▇▇▇▇.▇▇▇) or alternatively on SBFC mobile application by using registered mobile number mentioned on loan application followed by OTP. Sr No Borrower Type Name 1 Application 2 Co-Applicant 1 3 Co-Applicant 2 4 Co-Applicant 3 5 Co-Applicant 4 I/We hereby agree to receive all communication through WhatsApp on mobile no mentioned on Loan application.
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Examples of SBFC in a sentence

  • The Fees/Charges as mentioned below are subject to change at the sole discretion of SBFC Finance Ltd.

  • SBFC Finance Ltd mobile app can be downloaded from either apple playstore or Goolge play.

  • Customers can make the part payment on SBFC Virtual A/c, which will be shared by our service team as and when required.

  • The customer portal / Mobile App is enabled within 24 hours of loan account being created in SBFC system.

  • SBFC is authorized to disclose from time to time any information relating to the loan to any credit bureau (Existing or Future) approved by Government of India or any authority as may require from time to time without any notice to the applicant.

  • Floating Rate of Interest on a loan means that interest rate is linked to a Prime Lending Rate (PLR) of the Lender i.e. SBFC and would vary with changes in the latter.

  • SBFC currently offers only 1 EMI cycle date i.e. of 5th of every month to all its customer and hence Bank account needs to be funded accordingly to honor the EMI on the due date.

  • I/We further agree, confirm and undertake that the purpose of use of funds as mentioned in Schedule page of loan agreement shall not be changed in any manner during the tenor of the loan; or that such change in purpose shall take place only with the prior written permission of SBFC.

  • That the Promoter along with ▇▇▇▇▇▇▇▇ states that they are aware that based on the aforesaid assurance given to SBFC, the SBFC have agreed to grant credit facility to the Borrower.

  • Parties agree that any dispute arising out of and related to this Undertaking shall be referred to Sole Arbitrator appointed by SBFC.