Application For Consumer Loan (Page 2 of 4) in pdf

Dungkhag: ..………………..

Dzongkhang: ...………………..

17. Detail of Consumer Loan requested from BoBL by the applicant.

a) Purpose

……………………………………………………………………

b) Loan Amount

Nu……………………… (Ngultrum …………...………………..

………………………………………………………..…….. only)

Years …………….( Maximum 7 years)

c) Repayment period

From salary

d) Mode of Repayment

I declare that the above information along with the information given under ENCLOSURE is true,

correct, and complete and upto date in all respect and I have not withheld any information. I confirm that

I had never been awarded an adverse judgment or decree in a court case involving breach of contract, tax

malfeasance or other serious misconduct and never been a defaulter with BoBL/other financial institution.

I authorized BoBL or its agent to make references and enquiries relative to information in this application,

which BoBL may consider necessary and shall not hold BoBL liable for use of this information. I

undertake to inform BoBL regarding any change in my residence/employment and to provide my further

information that BoBL may require.

I am bound to inform the bank of any change in the detail given above. I agree to pay processing charges

as applicable and any other additional charges including Customer Information Report (CIR), etc. charged

by the bank. I have read and have been advised of the terms and conditions relating to the consumer loan

scheme and I hereby agree to abide by these terms and conditions or by the revised additional terms and

conditions which may at any time hereafter be made while the loan obtained by me is still outstanding.

I hereby authorize my employer to recover the stipulated installments including interest from my salary

every month. In the event of default on my part or my leaving the service of the Organization or in the

other exigencies, if loan is still unpaid, I give my full consent to BoBL to adjust the loan amount

outstanding against me with interest from my provident fund balance / or gratuity payable to me and / or

any other amount due to me.

I hereby give my full consent to BoBL for sharing my personal bio-data and financial information

including security details relating to my loan account(s) with Royal Monetary Authority for Credit

Information Bureau

Further, it shall be my responsibility to ascertain with the concerned salary section of my department

/organization that the stipulated monthly recoveries made from my salary has/have remitted to bank

promptly.

Page 2 of 4

Application For Consumer Loan Page 2