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UNDERTAKING


    1- I/We hereby apply for a finance facility for the short term consumption loan (“Facility”) mentioned in this application. I/We declare that all the particulars and information and details given/filled in this Application Form are true, correct, complete and up-to date in all respects and no information has been withheld. I/We understand that the information given in this application shall form the basis of any loan that DMI Finance Private Limited (“DMI”) may decide to grant to me/us and if at any stage of processing this application, it comes to the knowledge of DMI that, I/we have provided any incorrect or incomplete information, fabricated documents, or fake documents, they will be treated by DMI as having been manipulated by me/us and DMI shall have the right to forthwith reject this loan application, cancel / revoke any sanction or further drawdowns or recall any loan granted at any stage of processing the application, without assigning any reason whatsoever and DMI and its employees/ representatives/ agents / service providers shall not be responsible/liable in any manner whatsoever to me/us for such rejection or any delay in notifying me/us of such rejection (including for any payments which may have been made by me to any vendor/ service provider prior to cancellation). I/We understand that DMI will also be procuring personal information from other sources/agents and I/We have no objection for the same. I/We further confirm that I/we am/are aware of all terms and conditions of availing finance from DMI. I/We authorize DMI to make reference and inquire relating to information in this application which DMI considers necessary, including from the banks where I hold bank accounts. I/We authorize DMI to procure my /our PAN No/copy of my/our PAN Card, other identity proof and Bank Account details from time to time, exchange, part with/share all information relating to my/our loan details and repayment history with other banks/financial institutions /CIBIL etc. and periodically obtain / generate CIBIL, Experian, Hunter and such other reports as may be required and shall not hold DMI liable for use of this information. I/We confirm that there are no criminal or insolvency proceedings against me/us.


    2- I/ We declare that I/ We have not made any payment in cash, bearers cheques or by any other mode along with or in connection with this Application Form to the person collecting my/our Application Form. I/ We shall not hold DMI or its employees/representatives/agents/service providers liable for any such payment made by us to the person collecting this Application Form.


    3- I/We, would like to know through telephonic calls, or SMS on my mobile number mentioned in the Application Form as well as in this undertaking, or through any other communication mode, transactional information, various loan offer schemes or loan promotional schemes or any other promotional schemes which may be provided by DMI or Samsung India Electronics Private Limited (“Samsung”) and hereby authorize DMI/ Samsung and their employee, agent, associate to do so. I confirm that laws in relation to the unsolicited communication referred in “National Do Not Call Registry” (the “NDNC Registry”) as laid down by TELECOM REGULATORY AUTHORITY OF INDIA will not be applicable for such communication/calls/ SMSs received from DMI/ Samsung, its employees, agents and/or associates. I/We, acknowledge that Samsung and DMI are independent of each other and I/we will not have any claim against DMI for any loan or other facility arranged/ provided by Samsung which is not sanctioned/ disbursed by DMI. I acknowledge that DMI does not in any manner make any representation, promise, statement or endorsement in respect of any other product of services which may be provided by Samsung and will not be responsible or liable in any manner whatsoever for the same.


    4- I/we understand that we have the I/we have an option of not providing the information as required in this application form or as may be required by DMI/ Samsung from time to time, however, I/We do hereby expressly and irrevocably authorize DMI / Samsung to collect, store, share, obtain and authenticate any aspect of my personal information / KYC either directly or through any of the authorized agencies and disclose such information to its agents/contractors/service providers and to also use such information in the manner that may be required by DMI / Samsung including for the purposes of this loan and shall be protected as per privacy policy of DMI/ Samsung. For more details click here.


    5- I/We confirm that we have read and understood and accepted the general terms and conditions for the grant of Loan Facility provided at http://www.dmifinance.in/gc-dmi-samsungsure.html. I/we also understand that the General Terms and Conditions shall be deemed to be applicable to any Drawdown granted by DMI pursuant to this application form.

    6- DMI shall be entitled to take such legal action as it may deem fit, upon occurrence of any of the Events of Default as set out and agreed by me/us in the above mentioned General Terms and Conditions of loan.