Credit Facility Undertakings

1. I have to advise that I have no credit exposure with any banks including SBI or, our total credit exposure with all the banks (including SBI) is less than 5.00 crores.
2. I undertake to inform SBI in case of any changes to my CC/OD and Other Credit facilities. I also understand that it will be my sole responsibility to inform SBI in writing regarding any changes in the above undertaking and/or when the credit facilities availed by me from the banking system reaches Rs.5.00 crores or more.
3. I also agree to provide any documents that may be required from me time to time in terms of RBI regulations/SBI requirements for continuing my Current Account with SBI. I also agree to close the Current Account as and when demanded by SBI and understand that SBI is empowered to close/discontinue the Account if I fail to respond in a reasonable time to any notice issued in this regard.