PAN & AADHAAR (Attach Pan & Aadhaar Copy) · 2020. 12. 8. · PAN & AADHAAR (Attach Pan & Aadhaar...
Transcript of PAN & AADHAAR (Attach Pan & Aadhaar Copy) · 2020. 12. 8. · PAN & AADHAAR (Attach Pan & Aadhaar...
Date of Application :
PAN & AADHAAR (Attach Pan & Aadhaar Copy)
in
(Attach a copy of cancelled cheque leaf - MANDATORY)
RESPONSIBILITIES & LIABILITY OF SURETY
“Surety means a person who binds h mself as a guarantor to satisfy the obligations of another person if the
latter fails to do so.
I am well aware of the pos t on that I am standing as a Guarantor to the Bor wer and that in the event the
Borrower fa ls to either pay the interest on the loan taken or the principal amount I shall be held able to
dis harge the obligations of the Borrower to the satisfaction of the Society
I/We am/are aware that in case of default of the Borrower, I/We will be held liable for his loan dues.
My guarantee as a Surety to the Society is irrevocab e and personal.
" ,
,
.
i
i i
i
l
ro
c
li
The liability of the surety terminates only when the borrower's obligation is fulfilled.
Having read the aforesaid responsibilities and liabilities I unconditionally and irrevocably confirm to sign this
loan application as a “surety”
Full Name of Surety……………………………………….. 1. ………………………………………….. Signature of Surety
Full Name of Surety……………………………………….. 2. ………………………………………….. Signature of Surety