USFB definition

USFB means Ujjivan Small Finance Bank Limited, a company incorporated under the provisions of the Companies Act, 2013 (CIN: L65110KA2016PLC142162) and a Banking Company within the meaning of Banking Regulation Act, 1949, with its Registered Office at Grape Garden, No: 27, 3rd "A" Cross, ▇▇▇▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ – 560 095.

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USFB or “Ujjivan SFB” shall mean Ujjivan Small Finance Bank Limited, a company incorporated under the Companies Act, 2013 (CIN: L65110DL2016PLC302481) having its Registered Office at Plot No: ▇▇▇▇/▇, ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, New Delhi, India – 110 008 and Corporate Office at Grape Garden, No: 27, 3rd A Cross, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ – 560 095.

USFB or “Ujjivan SFB” shall mean Ujjivan Small Finance Bank Limited, a company incorporated under the Companies Act, 2013 (CIN: L65110KA2016PLC142162) having its Registered Office and Head Office at Grape Garden, No: 27, 3rd A Cross, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ - 560 095. “Business Day” means a day (other than Public Holiday) on which the Bank and banks are open for business in the location at which the branch of the Bank, where the Current Account is maintained, is situated.

Examples of USFB in a sentence

• In case, ▇▇▇▇▇▇▇▇ wants a physical copy of the policy, Borrower can visit the branch of USFB or call phone banking and physical copy shall be handed over in the Branch.

• The Borrower should get acquainted with laws and policy(ies) of USFB governing such subsidy/incentive and Borrower shall be deemed to have knowledge of the same.

• The Borrower shall repay to USFB, the Loan, together with accrued Interests applicable thereon from the date of disbursement, by way of PI and all other Outstandings on or before the respective Due Dates in accordance with the Repayment Schedule.

• USFB may, at its sole discretion, allow Borrower to pre-close the Loan subject to the terms and conditions stipulated by USFB from time to time.

• USFB shall have the right to disclose/submit ‘financial information’ as defined under the Insolvency and Bankruptcy Code, 2016 (or any amendments thereto) and the rules framed thereunder, in relation to the Loan transaction, to Information Utilities (“IU”) and Borrower should promptly authenticate such ‘financial information’ submitted by USFB, as and when requested by the concerned IU.

• USFB reserves the right to round off PI received in fractions to the nearest whole rupee denomination.

• Notwithstanding this, USFB shall be entitled to disclose any information and data relating to Borrower (including personal sensitive data or information and any information that requires a consent under the Information Technology Act, 2000/2008 and/or any other law) and/or loan availed and/or defaults (if any), to: (a) any Representatives etc.

• USFB shall be under any obligation or liability with regard to such subsidy/incentive other than those covered under the relevant laws.

• In an event, the Borrower opts for an insurance through USFB, the Borrower: (i) authorizes USFB to make payment of the premium by utilizing amounts under the Loan and treat the same as disbursed under the Loan, and (ii) shall ensure that the insurance is endorsed in favour of USFB as first loss payee till the time the Loan is not closed.

• All matters related to the insurance policy are subject to the terms and conditions of the relevant insurer and USFB shall not be liable or responsible for any matters relating to the insurance opted by Borrower.

More Definitions of USFB

USFB or “Ujjivan SFB” shall mean Ujjivan Small Finance Bank Limited, a company incorporated under the Companies Act, 2013 (CIN: L65110KA2016PLC142162) having its Registered Office and Head Office at Grape Garden, No: 27, 3rd A Cross, ▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇ – 560 095. “Bank Staff” or “Member of the Bank’s Staff” or “Staff Member” means a person employed by the Bank on a regular basis, whether full-time or part-time, and includes a person recruited on probation or employed on a contract of a specified duration or on deputation and an employee taken over in pursuance of any scheme of amalgamation, but does not include a person employed on casual basis.