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SOD Application Form-2023

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0% found this document useful (0 votes)
14 views2 pages

SOD Application Form-2023

Uploaded by

slobberypp
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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www.iidfc.

com

OVERDRAFT LOAN APPLICATION FORM


(PLEASE USE BLOCK LETTERS, FILL UP THE REQUIRED SECTION ONLY & CROSS OUT UNUSED SECTIONS)
The Managing Director Date: D D / M M / Y Y Y Y
Industrial and Infrastructure Development Finance Company Limited
Chamber Building (6th Floor), 122-124 Motijheel C/A, Dhaka-1000.

Dear Sir,
With due respect, I/We request you to approve an overdraft loan against the fixed deposit that I/We maintained with
your esteemed organization as detailed below:
Loan Application Details:

Applicant Name:

Contact Address:

Contact No.: 1. 2.

Loan Amount: Tk. (in words: )

Purpose of Loan:

Loan Tenure: Up to Maturity Date of the liened Deposit.

Repayment Mode: On or before maturity date. If unpaid, please adjust the loan with my deposit at maturity point.

Security Details:

In consideration of granting me/us the above loan, I /We (jointly and severally) guarantee to you repayment of the loan
facility with all interest due thereon and all applicable charges. By way of security, I/we are hereby giving to you a lien
and/or right of set off against the balance in my/our account mentioned below. I/we agree that you are entitled to
adjust the security as per process without notifying me/us in the event of renewal/maturity date, if the loan not fully
adjusted by me/us.

Deposit Account No:

Account Title:

Deposit Amount:

Present Interest Rate:

Payment Instruction:
Please deposit the loan amount after your approval as per following details:
Issue an Account Payee cheque or Electronic Fund Transfer

Account Name:

Bank & Branch Name:

Account Number: Routing No.:

Authorization (if any)


I/We hereby authorize Mr./Ms.________________________________________________________________ mobile
no. ____________________________ whose signature is attested below to collect the cheques/ instrument/
documents of my/our deposit on my/our behalf from IIDFC Limited.

_________________________
Signature of Authorized Person

I/we have applied for the aforesaid loan, execute the security and provide IIDFC Limited all the authority as undertake
above. I/we authorized the above instructions and agreed to the relevant Terms and Conditions of IIDFC Limited.

Signature of 1st Applicant/Authorized Person Signature of the Joint Applicant/Authorized Person


Note: All joint – account holders are required to sign regardless of mode of operation.
For Office Use:
Verification Details:
[Fill-up by Liability Operations]
Loan Applicant(s) Signature Verified and Matched with Specimen Signature as per IIDFC Record

Original Instrument Received

CIB Status Report Date


Any Loan Against the Same Security YES NO

If Yes, Present Outstanding of the Loan Account Tk.

Principal Deposit: Tk. Present Value: Tk.

Eligible SOD Limit (%): Eligible SOD Limit: Tk.

Loan Approval Details:


[Fill-up by Liability Operations]
SOD Amount: Loan Recommended/ Not Recommended

% of Principal:

Amount Proposed: As Per Policy Special Head of Operations

SOD Term: Loan Recommended/ Not Recommended

Deposit Rate:

SOD Rate: CFO

Spread/Margin: Loan Approved/ Not Approved

Rate Proposed: As Per Policy Special

Managing Director

Liability Operations Approved on:

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