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I/we hereby acknowledge that all the information given by me/us in this application are true, complete and I/we hereby authorize the Bank and third parties, including my bankers, to exchange information for the purpose of processing my/our application and the conduct of my/our accounts with the Bank so long as I/we remain the customer of the Bank.
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I/we acknowledge that the facility requested by me/us in this application against the above security will be made available to me/us at the absolute discretion of the Bank and this application doesn’t confirm the approval of loan.
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I/we hereby also declare, confirm and undertake that I/we have not defaulted on any loans in the past or present, neither is my/our name in the defaulter list of Bangladesh Bank. I/we also declare that I/we are not currently holding directorship of any banking or financial institutions.
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I/we hereby authorize MTB to seek information on the individual bank liabilities. I am fully aware regarding CIB charges and unconditionally authorize the bank to realize the relevant CIB charges including Govt. applicable VAT/Taxes debiting my approved loan.
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All costs and expenses incurred in relation to the credit facility shall be on my/our account and l/we shall indemnify the Bank against and for all claims, demands, actions, suits, proceedings, costs, expenses, fee, and damage in relation to the loan including legal fees and expenses.
