Consent-cum-Declaration
(FOR ALL APPLICANTS)
1. I/We certify that the information and particulars provided by me/us in this application form (and all documents
referred or provided herewith) are true, correct, complete and up to date in all respects and I have not withheld any
information. I/ We authorize State Bank of India to make inquiries related to or verify said information directly or
through any third party. I/We further acknowledge the Bank's right to seek any information from any other source
in this regard. I/We understand that all of the above-mentioned information shall form the basis of any facility that
the Bank may decide to grant to me/us at its sole discretion.
2. I/we understand that the Bank will use the information furnished by me/us in accordance with the applicable laws
of India and any other foreign laws to which I/we/the Bank may be subject to. The said information will be used
solely for the purpose of processing, sanctioning, updating, maintaining, and operating my/our account/s or
facility/ies availed by me/us and processing transactions initiated by me/us in such account/ pursuant to such
facility.
3. I/We agree and undertake to provide any further information that Bank may require. I/We agree and understand
that Bank reserve the right to retain the application form, and the documents provided therewith and will not return
the same to me/us.
4. I/We further agree that any facility that may be provided to me/us shall be governed by the rules of the Bank that
may be in force from time to time. I/We will be bound by the terms and conditions of the credit facility/ies that may
be granted to me/us. I/We authorize the Bank to debit my home loan account with the Bank for any fees, charges,
interest etc. as may be applicable.
5. I/We undertake and declare that I/we will comply with the Foreign Exchange Management Act, 1999 (”FEMA”) and
the applicable rules, regulations, notifications, directions or orders made there under and any amendments thereof.
I/We undertake to intimate the Bank before proceeding overseas on permanent employment and/or emigrating
and/or changing my/our nationality.
6. I/We acknowledge that the Bank remains entitled to assign any activities to any third-party agency at its sole
discretion. I/ We hereby consent to, agree and authorize the Bank to disclose information and data relating to me/
us and details of my/our account to third party agencies including Bank’s group entities, without any specific consent
or authorization from me/us, for the purpose of any services in connection with the facility/ies availed by me/ us and
I/we shall not hold the Bank liable for use of this information.
7. I/we hereby agree and give consent for the disclosure or obtention by the Bank of all or any such; (a) information
and data (including personal data) relating to me/us (b) the information or data relating to any credit facility availed
of/to be availed of by me/us and (c) default, if any, committed by me/us in discharge of my/our such obligation, as
the Bank may deem appropriate and necessary, to Credit Information Companies, Information Utilities, and/or any
other agency authorised in this behalf by Government of India/ Reserve bank of India /any other statutory or
regulatory authority for purposes of credit decision, prevention of fraud and money laundering, reporting obligations
or any other related and ancillary matters. I/We shall not hold the Bank liable for use of this information. I/We
understand and agree that such Credit Information Companies, Information Utilities, and/or other agencies may
use or process the said information and data disclosed by the Bank; and/or furnish, such information and data
(including the processed information/ data) or products thereof prepared by them to banks/financial institutions and
other entities, as may be specified by the concerned statutory/ regulatory authority in this behalf.
8. I/We agree to receive SMS alerts/Phone calls related to my/our application status and account activity as well as
product use messages/calls that the Bank will send/make, from time to time, on the mobile/phone number/ email
as mentioned in this application form. I/We undertake to intimate the Bank in the event of any change in the mobile/
phone number/ email and residential address furnished by me/us.
9. I/We further acknowledge that I/ we have read, understood and agree with the Most Important Terms
and Conditions governing the home loan product chosen by me/us.
10. I/We authorize the Bank to share, disclose, exchange, receive or use in any manner whatsoever, without
any further specific consent or authorisation from me/us, the information/data provided by/related to
me/us to/ from the Group Companies/Associates/Subsidiaries/Affiliates/Joint Ventures of State Bank of
India/ any person with whom the Bank has entered/propose to enter into contracts for provision of Life
insurance product/ services(either paid through Bank finance or self-paid by me/ us), property insurance
product/ services and mortgage guarantee product / services, as opted by me /us in the loan application
form/ product specific form.
ADDITIONAL CONSENT FOR EU /UK NRI CUSTOMERS:
I. I/we understand that the State Bank of India (SBI or the Bank), will use the information furnished
by me/us in relation to the application dated: to open my/our Account and/or
update/modify/operate/service such in accordance with the applicable laws of India and any other
foreign laws to which I/we (or) the Bank may be subject to. The said information will be used
solely for the purpose of opening, updating, maintaining, and operating my/our account and
account(s) opened subsequently and processing transactions initiated by me/us in those
accounts.
II. SBI may share my/our personal data with and obtain personal data about me/us from credit
information companies (CIBIL, Equifax, etc.) and/or regulatory/fraud prevention agencies whether
in India or elsewhere to verify my identity for credit decision purposes, fraud and Money
Laundering prevention & other reporting obligations and any other related and ancillary matters
III. SBI may send its NRI Newsletter (or) marketing information and/or any special offers I/we may
be entitled to or about products and services available from SBI / SBI Group that may be of
interest to me/us
(Please mention “Yes”, if interested and “No”, if not interested)
If interested, please tick the relevant boxes. I/we prefer following mode of communication.
(Customer may tick anyone/ two (or) all boxes)
Email Phone SMS
IV. SBI may transfer data collected at European Union (EU) and United Kingdom (UK) to India. I/We
understand that India has not been adjudged as an ‘adequate’ country under Art. 45 of EU GDPR/
subsection 18 of part 2 & subsection 74 of chapter 5 of UK DPA. This implies that India may have less
stringent laws pertaining to collection /processing /storage/disclosure of personal data. By signing this
Consent Form, I/We hereby provide my/our explicit consent to transfer data outside EU/UK to India.
V. SBI will update me/us on required changes regarding my/our account. SBI will communicate to me/us
about the banking transactions undertaken by me, through Phone/Mobile No. /e-mail provided by me/us.
VI. By signing this Consent Form, I/we confirm that I/we have read the Privacy Notice provided to me/us
through physical copy and/or available at https://bank.sbi/web/nri/privacy-notice-and-consent-forms
and provide consent to SBI for collecting, transferring, holding and processing my personal data as
indicated therein
VII. Applicable only in case of processing personal data of Minor
I/We, lawful guardian of ________________________, minor who is under 18 years of age hereby
consent for processing of my Ward’s personal data as required under Art. 8 of GDPR/ subsection 9 of part
2 of UK DPA.
The above section is subject to regulations issues by RBI for providing banking and ancillary services in
India. In case of a conflict between EU-GDPR/UK- DPA/Privacy laws applicable in EU and any law
applicable in India, Indian law shall prevail.
VIII. I/We further understand that as and when SBI updates its Privacy Notice, it will publish the same on its
website. I/we undertake to consult SBI’s website at regular intervals and confirm any new version of the
Privacy Notice will apply from the date it is published thereon.
IX. I/We understand that under the conditions defined by the General Data Protection Regulations EU-
GDPR/UK DPA (or) similar foreign regulations, unless otherwise provided I/we have the rights
to withdraw my/our consent at any time.
to obtain confirmation from SBI, whether it processes my personal data (PD) (or) not and,
if it processes, details thereof, like the purpose, categories of PD concerned, recipients or
categories of recipients to whom my personal data have been or will be communicated
etc.
the retention period of the personal data envisaged or, where this is not possible, the
criteria used to determine this duration, etc.
access, rectification and/or erasure of my personal data, subject to relevant regulatory
guidelines.
in certain circumstances, receive my/our personal data provided to SBI, in a structured,
commonly used and legible format, and the right to transfer this data to another data
controller However, we understand that the right to data portability is dependent on
regulatory instructions & system enablement that are still evolving.
In certain circumstances object to the processing of my/our personal data
to lodge a complaint with the relevant data protection authority of my jurisdiction
By signing the below, I/we indicate my/our acceptance, hereof
Signature of Applicant / Co applicant / Guarantor
Place:
Date:
