By clicking/ ticking on the check box, the applicant itself (“Applicant”) and on behalf of each of the co-applicants as mentioned in the Application Form submitted to the Bank (“Co-Applicants”) hereby expressly agrees and consents to HDFC Bank Ltd. (“Bank”) as under:
(The Applicant and the Co-Applicants as mentioned in the Application Form submitted to the Bank are hereinafter collectively referred to as “Applicants”)
The Applicants hereby agree to submit to the Bank the documents and information (“Documents/Information”), through this link/ web portal/ web page, for the Bank to consider as part of, in furtherance of and for the purposes of processing the application for Credit Facilities made by the Applicants to the Bank.
The Applicant confirms that the Applicant has due and full authority to submit to the Bank, on behalf of the Co-Applicant(s), the Documents/ Information relating to the Co-Applicant(s), including any personal data that may be contained in the Documents/ Information and the Bank shall not be responsible or held liable in any manner for processing the Documents/ Information or Data (defined below) and the Applicant shall indemnify and hold the Bank harmless in relation to any claim made by the Co-Applicants or any other person against the Bank in relation to the Documents/ Information or Data submitted by the Applicant.
The Applicant hereby agrees and confirms the accuracy, authenticity and completeness, of the Documents/ Information and further confirms that the Documents/ Information submitted/ to be submitted to the Bank are true, correct and error-free and that none of the Documents/ Information are in any manner misleading, tampered with, fabricated or diluted.
The Applicant requests the Bank to rely upon the Documents/ Information for deciding whether or not to sanction the Facility to the Applicants.
The Applicant acknowledges and understands that sanction that may be given by the Bank on this basis, shall be conditional sanction, inter alia, subject to the Applicants signing, executing, delivering to the Bank, in such manner and in such form as the Bank may deem fit, such documents, papers and information including physical copies of the Documents/Information.
The Applicant confirms that each of the Applicants is a major, a resident of India, presently within the territory of India and each of the Applicants has read and hereby accepts HDFC Bank’s Privacy Policy available at https://www.hdfcbank.com/personal/useful-links/privacy
The Applicants understand that the sanction of the Loan is at the sole discretion of the Bank and upon each of them executing necessary documents and completing any formalities as required by the Bank and no commitment has been given regarding the same.
The Applicants hereby agree and consent to the processing and use by the Bank of the Documents and Information as per the consent provided herein and as per the consent already provided by the Applicants to the Bank.
The Applicants hereby expressly consent to and authorise the Bank (whether acting by itself or through any of its service providers, and whether in automated manner or otherwise), to do and undertake any of the following, in relation to the Documents/ Information, personal data and sensitive information about each of the Applicants, information, papers and data relating to know your customer (KYC), credit information, and any other information whether about any of the Applicants or not as may be deemed relevant by the Bank for its purposes (collectively, “Data”):
to collect the Data from each of the Applicants and other physical or online sources including accessing the same from credit information companies, information utilities, websites, data bases and online platforms (whether public or not); to get the authenticity, correctness, adequacy, etc. of the Data verified from any sources and persons including from online data bases; and to act for and on each of their behalf for such accessing, collecting or verifying of the Data including using their log in and password credentials on the online platforms; such collection, access and verification may be done without any notice to them;
process the Data including by way of storing, structuring, organising, reproducing, copying, using, profiling, etc. as may be deemed fit by the Bank;
to store the Data for such period as may be required for contract, by law or for the Bank’s evidentiary and claims purposes, whichever is longer;
to share and disclose the Data to service providers, consultants, credit information companies, information utilities, other banks and financial institutions, affiliates, subsidiaries, regulators, investigating agencies, judicial, quasi-judicial and statutory authorities, or to other persons as may be necessary in connection with the contractual or legal requirements or in the legitimate interests of the Bank or as per the consent; and/or
any of the aforesaid may be exercised by the Bank for the purposes mentioned above, for the purposes of credit appraisal, fraud detection, anti-money laundering obligations, for entering into contract, for direct marketing, for developing credit scoring models and business strategies, for monitoring, for evaluating and improving the quality of services and products, for other legitimate purposes or for any purposes with consent.