I hereby declare that the details furnishing by me are correct to the best of my knowledge and belief and I undertake to inform The South Indian Bank Ltd., (SIB) regarding any change in my/our above mentioned details, including any change in residential status, and to provide any further information that they may require.
In case any of the above information is found to be false or untrue or misleading or misrepresenting, I am aware that I may be held liable for it.
I hereby consent to provide my Aadhaar Number, Mobile number, OTP data for Aadhaar based authentication for the purpose of establishing my identity and to avail personal loan. .
I hereby consent to provide my PAN Number for NSDL validation of PAN.
I hereby authorise SIB to receive my credit information from CIBIL Bureau.
I hereby declare that I am not a politically exposed person and I am a resident of India as per the prevailing Indian Income Tax laws.
I hereby authorize SIB to make CIBIL inquiry for an amount of Rs.1lakh.
I am physically present in India.
I am above 18 years of age, capable of self-operation of accounts and not reportable under FATCA and CRS.
I authorise you to link Aadhaar Number and biometric Aadhaar authentication service, E-KYC. My personal / KYC details may be shared in Central KYC Registry, Tax Authorities/Regulators both local and foreign. I hereby consent to receiving information from Central KYC Registry through SMS/E-mail on the above registered number /e-mail address. CKYC in my name can be used by the bank for fetching KYC details as well as for periodical KYC updation. I hereby authorize and give express consent to the Bank to to download my KYC Records from the Central KYC Registry (CKYCR), only for the purpose of verification of my identity and address from the database of CKYCR Registry. I understand that my KYC Record includes my KYC Records /Personal information such as my name, address, date of birth, PAN number etc. I further give my explicit consent to fetch/access and retrieve my financial data from an account aggregator for the purpose of loan processing.
If I intend to revoke my consent to the sharing of the data, the products/services available to me, pursuant to the consent provided earlier, shall no longer be available to me. I shall not hold South Indian Bank/its group companies/subsidiaries/affiliates liable for use of any such information. I also understand that if we refuse to comply with any requirement or make unsatisfactory compliance therewith, the Bank shall refuse in writing to undertake the transaction and shall if it has reason to believe that any contravention / evasion is contemplated by me/us report the matter to RBI / appropriate authorities.
I/We also authorize the Bank to debit any charges in the accounts) related to the "my" and "me" refers to all holders of the account) have read and understood the latest terms and conditions published in the website of the Bank, www.southindianbank.com and/or made available in branch premises, is sufficient notice to me/us.
I allow the bank to reach out to me with personalized offers on new products through SMS, WhatsApp, Email and Voice
CONSENT
In this Consent the following capitalized terms shall have the meanings assigned to them hereunder:
“Data” shall mean all personal data, transactional data, Derivative Data, any other information, etc., in relation to me/us, including the following including in relation to past Products:
Know your customer (KYC)/anti money laundering (AML) data;
Information submitted while making any application or request to the Bank for any Product;
Any transactional data generated during the relationship or as a result of any transaction, statements, entries, logs, in relation thereto;
Any information obtained/received by the Bank from any other source.
Any Derivative Data.
“Derivative Data” shall mean any credit scores, credit information, behavioural projections, profiling, analytical results, reports (prepared by the Bank internally or other persons) including through any algorithms, analytics, software, automations, profiling etc., and whether such derivative is from the information collected from me/us or in combination with any other information sourced from any other person, database or source whether by the Bank or other persons. The process of arriving at and generation of such Derivative Data involving or through any of the above sub-processes/methods, shall be referred to as “Derivation”.
“Specified Purposes” shall collectively mean, risk assessment, risk analysis, portfolio sensitivity analysis, fraud checks, fraud detections, fraud prevention, detecting and preventing crime including crime/ terror funding, detecting malpractices or discrepant documents or information, prevention of misuse, assessment of eligibility, financial standing, due diligence, background check, physical and other inspections, verifications, obtaining any reports for any of the above, know your customer (KYC)/ anti-money laundering (AML) checks, customer service, monitoring, any legal proceedings, actions, enquiries, investigations, pursuing any remedies, enforcing rights, reporting including credit reporting, KYC reporting, filing, providing mobile banking, internet banking, digital banking, social media banking, SMS banking, any other digital based banking services, issuance of any debit and/or other cards, sharing of Data with various intermediaries, switches, networks, card associations, settlement, transfer and processing intermediaries, sharing Data with entities managing loyalty programmes, managing, generating and/or implementing any offers, discounts, cashbacks, chargebacks, features, tie-ups with merchants, payment aggregators, payment gateways, payments systems, performance of any legal and/or regulatory obligations, filings, reporting, etc., whether any of these are undertaken internally or through any Processing Entity.
"Processing” shall mean any operation or set of operations performed on Data, and includes operations such as collection, recording, organisation, structuring, storage, adaptation, retrieval, use, alignment or combination, indexing, sharing, disclosure by transmission, dissemination or otherwise making available, restriction, erasure or destruction and the term “Process” and “Processed” shall be construed accordingly.
“Processing Entity” shall mean any credit information company(ies), bureau(s), switches, networks, card associations, settlement, transfer and processing intermediaries, payment aggregators, payment gateways, payments systems, service provider(s), consultant(s), vendor(s), agent(s), fintech entity(ies), co-brand entity(ies)/partner(s), distributor(s), selling/ marketing agent(s), any partner(s), collaborator(s), co-lender(s), co-originator(s), merchant(s), aggregator(s), lead generator(s), sourcing entity(ies), client(s), customer(s) or other person(s) with whom the Bank has any direct or indirect arrangement or tie-up or contract for any products or services, any TPAPs (for whom the Bank acts as PSP bank), or other player(s)/ intermediary(ies) in any ecosystem of which the Bank is a part, and such Processing Entities’ service providers, consultants, vendors, etc.
“Product(s)” shall mean, deposits (including recurring and/or fixed) also including if I/we are an authorised signatory or authorised person or representative of a non-individual applicant/ customer/ user of any services, whether direct or indirect, whether any such Product is of the Bank itself or jointly with others or where the Bank is distributor or under a referral, agency or any other arrangement for Products or any other products and/or services of other persons.
The Products, which have been applied/ requested by or availed by me/us (including where the initiation of any transaction is not directly with the Bank but is with a relevant Processing Entity), shall be referred to as “Requested Products”, and the Products (including any future products or services) other than the Requested Products, shall be referred to as “Other Products”.
I hereby authorize The South Indian Bank Limited (“Bank”) which expression shall be deemed to include its successors and assigns) to Process, the Data or any part thereof, for any of the Specified Purposes:
in connection with assessment or processing of the application/ request for any Requested Product, or in order to take any steps prior to entering into any contract, or to determine eligibility for the Requested Products, or in connection with execution or furtherance of a contract/ transaction, performance by Bank or me/us or any other intermediaries, of any contract or part thereof or any regulatory or legal obligations in relation to any Requested Product availed or in pursuance thereof;
in connection with Derivation and sharing any Derivative Data (between Bank and any Processing Entity) in connection with the aforesaid purposes;
in connection with contacting, establishing contact, whereabouts, including through email, postal address, telephone, social media, banners on applications/ electronic platforms, notifications, website, premises of third parties/ other persons, for monitoring the performance of the account or for monitoring for suspicious activities, transactions, fraud detection, prevention, reporting, alerting others;
in connection with deploying any analytics, automated processing, algorithms, robotics, profiling, encryptions, coding, anonymizations, etc., for any of the Specified Purposes or processing activities mentioned from 2 (i) – 2 (iii) above in relation thereto
I authorize the Processing Entities to Process the Data or any part thereof, for any of the Specified Purposes.
For the aforesaid consents, authorizations and purposes covered above, it shall be deemed that I/we have furnished all the Data separately under this consent.
I confirm that the Data given and that will be given by me from time to time is accurate, updated and complete in all respects.
I agree that the aforesaid consents/ authorizations for the Specified Purposes shall survive beyond the validity of such application/ tenure of the Product/ consummation of any transaction, to the extent any of the Specified Purposes survive.
The consents given or denied under this document do not limit any other consents obtained or given.
I acknowledge and confirm that all the Specified Purposes are lawful purposes.
I confirm that this consent is being given freely by me/us without any pressure, influence or coercion from any other person, and that the consent is an informed and unconditional consent.
I hereby understand and agree that the Processing of Data is necessary for the Specified Purposes.
I acknowledge that the fact that is consent has been requested or that I/we am/are giving this consent, does not by itself limit or prejudice any grounds or bases which the Bank or any of the Processing Entities may have for Processing the Data without consent, and this consent is not in derogation of any such other ground or basis and is in addition to any such ground or basis. For clarity, even if this consent is withdrawn, the Bank and/or the Processing Entities may continue to Process the Data for performance of contract in relation to the Requested Products or for taking any steps pursuant to the contract or for protecting the legitimate interests of the Bank pursuant thereto, or when this consent is not the only basis or ground for Processing.
I acknowledge that since the basis this consent the Bank may enter into a contract in relation to the Requested Products and it is and will be necessary to Process the Data for the purposes of the contract, withdrawal of this consent by me/us will not prevent the Bank and/or Processing Entities from continuing to Process the Data for the purposes of the contract.
