Personal Loan

Supplementary Documents

sc.com/bd
 Important Information Document (IID)
for you to know about your Personal Loan from Standard Chartered Bank
Customer Copy
Dear Client,
Thank you for applying for a Standard Chartered Personal Loan. At Standard Chartered, we believe in earning your trust by
presenting information and document in a clear and transparent manner to you. Therefore, you are kindly requested to please note
the following key terms that are associated with your loan:

Items Personal Loan

Processing 1. You will be charged maximum up to 2% of net loan amount with 15% VAT applicable. Stamp Charge
Charges will be at actual to be paid by you.
2. No fee is required to apply for loan.
3. No discount/free gift or any other commitment is given whatsoever which is not documented in the
loan agreement of Standard Chartered Bank or any of its authorized representatives.

Interest Rate The Interest rate has been explained to you which is computed on monthly basis (360 Days).
Late payment If your monthly instalments are not paid by the due date, your loan account will accrue an overdue
interest interest at 24%.

Prepayment/ 1. If you wish to fully or partially settle your loan, 2% of Principal outstanding amount of your Personal
redemption fee Loan will be charged as Early Settlement Fee.
2. You will be eligible to repay the loan early only after payment of your 6th (sixth) Equal Monthly Instal-
ment (EMI).
Loan Processing Your Personal Loan application will be processed and final loan amount to be disbursed in your account
Steps with us at one go. Your consent has been taken upfront and Standard Chartered Bank will let you know
the final details of your loan through a confirmation letter, after disbursement of your loan.

Odd Day 1. Positive Odd Day Interest (PODI) occurs when the loan booking date and first instalment dates are
Interest more than a month apart. This can also occur in the case of a due date change where, on account of
a due date change, the difference between the last repayment date and next repayment date is more
than a month. I hereby consent to realize PODI from my account.
2. Negative Odd Day Interest (NODI) occurs where the gap between loan booking date and first instal-
ment date or gap between last instalment date and next instalment date (in the case of a due date
change) is less than a month. NODI will not be realized from my account.

Risk based pricing The interest rate on your Personal Loan will be calculated on a Reducing Balance Method. This interest
(if applicable) rate can be re-fixed at any time at the Bank’s sole discretion.

Discretion of the The disbursement is at the sole discretion of Standard Chartered Bank and no commitment has been
Bank given regarding the same.

Other Important 1. Your first Equated Monthly Instalment (EMI) will be within 30 days from the day of the disbursement of
Information the loan
2. All charges and fees are subject to 15% VAT, to be paid by the applicant.
3. Please be informed that there will be repercussions of non-payment of monthly dues which includes
blocking of your account(s) with Standard Chartered Bank. This may negatively impact your credit
rating and may jeopardize your access to future loans from any reputable lending institution. Please
note that Standard Chartered Bank will also take necessary steps to collect any unpaid dues, including
legal action where necessary.
4. Please note that your credit data will be shared with credit information bureau or other regulators, as
required by law or other competent authorities having jurisdiction over the bank or any office of the
Bank, any affiliates, agents, assignee of the Bank or member of Standard Chartered Group.
5. This document is for your convenience and does not replace your Personal Loan Agreement. If there
is any conflict or inconsistency between the terms in the various parts of this IID, the terms and condi-
tions enclosed in the "Personal Loan" (the Loan) application form and Banking Agreement letter will
prevail over those in the IID.

MD. ABU DAUD

Name:………………………………………………………………...
Mahfuja Khatun Mukta & BDO
Name and Designation: ……………………………………………

05-Aug-2020
Date:…………………………………………………………………. ………………………………………………………………………..

Signature: ……………………………………………………………
01826-500805
Contact number:…………………………………………………….
 Important Information Document (IID)
for you to know about your Personal Loan from Standard Chartered Bank
Bank Copy
Dear Client,
Thank you for applying for a Standard Chartered Personal Loan. At Standard Chartered, we believe in earning your trust by
presenting information and document in a clear and transparent manner to you. Therefore, you are kindly requested to please note
the following key terms that are associated with your loan:

Items Personal Loan

Processing 1. You will be charged maximum up to 2% of net loan amount with 15% VAT applicable. Stamp Charge
Charges will be at actual to be paid by you.
2. No fee is required to apply for loan.
3. No discount/free gift or any other commitment is given whatsoever which is not documented in the
loan agreement of Standard Chartered Bank or any of its authorized representatives.

Interest Rate The Interest rate has been explained to you which is computed on monthly basis (360 Days).
Late payment If your monthly instalments are not paid by the due date, your loan account will accrue an overdue
interest interest at 24%.

Prepayment/ 1. If you wish to fully or partially settle your loan, 2% of Principal outstanding amount of your Personal
redemption fee Loan will be charged as Early Settlement Fee.
2. You will be eligible to repay the loan early only after payment of your 6th (sixth) Equal Monthly Instal-
ment (EMI).
Loan Processing Your Personal Loan application will be processed and final loan amount to be disbursed in your account
Steps with us at one go. Your consent has been taken upfront and Standard Chartered Bank will let you know
the final details of your loan through a confirmation letter, after disbursement of your loan.

Odd Day 1. Positive Odd Day Interest (PODI) occurs when the loan booking date and first instalment dates are
Interest more than a month apart. This can also occur in the case of a due date change where, on account of
a due date change, the difference between the last repayment date and next repayment date is more
than a month. I hereby consent to realize PODI from my account.
2. Negative Odd Day Interest (NODI) occurs where the gap between loan booking date and first instal-
ment date or gap between last instalment date and next instalment date (in the case of a due date
change) is less than a month. NODI will not be realized from my account.

Risk based pricing The interest rate on your Personal Loan will be calculated on a Reducing Balance Method. This interest
(if applicable) rate can be re-fixed at any time at the Bank’s sole discretion.

Discretion of the The disbursement is at the sole discretion of Standard Chartered Bank and no commitment has been
Bank given regarding the same.

Other Important 1. Your first Equated Monthly Instalment (EMI) will be within 30 days from the day of the disbursement of
Information the loan
2. All charges and fees are subject to 15% VAT, to be paid by the applicant.
3. Please be informed that there will be repercussions of non-payment of monthly dues which includes
blocking of your account(s) with Standard Chartered Bank. This may negatively impact your credit
rating and may jeopardize your access to future loans from any reputable lending institution. Please
note that Standard Chartered Bank will also take necessary steps to collect any unpaid dues, including
legal action where necessary.
4. Please note that your credit data will be shared with credit information bureau or other regulators, as
required by law or other competent authorities having jurisdiction over the bank or any office of the
Bank, any affiliates, agents, assignee of the Bank or member of Standard Chartered Group.
5. This document is for your convenience and does not replace your Personal Loan Agreement. If there
is any conflict or inconsistency between the terms in the various parts of this IID, the terms and condi-
tions enclosed in the "Personal Loan" (the Loan) application form and Banking Agreement letter will
prevail over those in the IID.

MD. ABU DAUD

Name:………………………………………………………………...
Mahfuja Khatun Mukta & BDO
Name and Designation: ……………………………………………

05-Aug-2020
Date:…………………………………………………………………. ………………………………………………………………………..

Signature: ……………………………………………………………
01826-500805
Contact number:…………………………………………………….
 MD. ABU DAUD
Name: ................................................................................................. Branch / Sales Office: MBD, Level-9
ENGINEER,AAMRA RESOURCES LTD,BTA TOWER
Address: ............................................................................................. Date: 05-Aug-20
(10TH FLOOR), BANANI
............................................................................................................
29 KEMAL ATATURK AVENUE
................................................................................. PO. ...................

DHAKA
City/District ...................................................................... Bangladesh

BANKING ARRANGEMENT LETTER

Dear Sir / Madam,

05.08.2020
We refer to your application dated .................................................... under our Personal Loan Scheme, and we are pleased to offer
you the following credit limiton the following terms and conditions:

Particulars of your Personal Loan:

Loan Amount (BDT) *

12,00,000/-
: .........................................................

Purpose of the Loan

House Renovation
: ..............................................................................................................................

Processing Fee ( %)
2%
: .........................................................

Interest Rate (per annum)

9%
: .........................................................

First Instalment Due Date : within 30 days from date of disbursement

Number of Instalments *
60
: .........................................................

Instalment Amount (BDT) * 24,911/-

: ......................................................... (the last instalment amount may vary from regular
instalment amount)

Method of Payment : ✔ SI PDC SCB

BEFTN (from: ...............................................................................)

Settlement Fee : 2% of outstanding loan amount(prepayment or early settlement will only be allowed after
payment of the 6th (sixth) instalment)

Delayed Payments : Penal interest will be charged on overdue amount at the rate of 24% p.a.

Other Fees / Charges : Any fees, charges, duties, etc. levied by the regulator or as per law will be applicable
on your loan with immediate effect, with or without prior notification.

The terms and conditions enclosed in the "Personal Loan" application form shallbe
considered an integral part of this offer letter and shall govern the credit limit offered
in this letter.

*Amount may vary upon the assessment of the bank.

DOCUMENTATION:
The following documentation will be required to be completed and executed priorto the credit being available for drawdown.
It will be necessary for the documents to be in a legally enforceable condition and in a form and substance satisfactory to
the Bank:
12,00,000/-
DP Note for BDT ..................................................................................................................................................................

Salary Certificate……………………………………………………………………………………………………………………….

Letter of Guarantee for BDT ......................................... from ..............................................................................................

Bank Statement of 6-12 months

Tax Returns of last period

Memorandum of Deposit of Post Dated Cheques

Others (Please specify) ............................................................................................................ ...........................................

The Loan amount, EMI amount and number of EMI may vary (Loan/EMI amount and EMI number will not be more
than as mentioned hereinabove) upon subsequent assessment of the Bank and will be duly informed to you through
a Confirmation Letter to your recorded mailing address and you hereby agree to accept the same.

To accept this offer please sign both the Banking Arrangement Letter and the enclosed terms and conditions forming
part of the loan arrangement at the spaces indicated and return the same to us.

By accepting this offer you hereby authorise the Bank to disclose the information of your Loan to any regulatory
authority, any office of the Bank, any assignee of the Bank, agent of the Bank or to any subsidiary company of the
Bank.

You hereby agree that Bank may at any time or times hereinafter without notice to you apply the right of set off of all
or any of the moneys from time to times standing to the credit of your any account with the Bank, in whichever form
they are and whatever name they may be called, in or towards the discharge and satisfaction of all sums of money
which now are or at any time or times hereinafter may become due or owing to the Bank by you either severally or
jointly with any other person, or persons, company or companies on any account or in respect of any liability whatso-
ever whether actual or contingent and whether in the capacity of principal debtor or guarantor surety or principal
obligor or otherwise. You also agree and/or authorise the Bank to restrict withdrawal from any of your accounts as
designated by the Bank after notice to you until all of your liability with the Bank is fully adjusted and settled.

After full and final settlement of this Loan the Bank shall cancel and destroy the Post Dated Cheques (PDC) that you
have given to the Bank for securing EMI payment for the Loan. You hereby give consent to the Bank for cancellation
or destruction of the said cheques.

Upon acceptance, this offer shall be construed as a valid contract between the Bank and yourself and valid and
binding upon you and your successors and shall be valid notwithstanding any change in the document of incorpora-
tion of the Bank or any merger, acquisition or amalgamation of the Bank with any other body corporate.

Authorised signature Authorised signature

------------------------------ -------------------------------

ACCEPTANCE
I / we expressly agree to the above terms and conditions.

---------------------------------------- ----------------------------------------
Signature of First Applicant Signature of Joint Applicant
 MD. ABU DAUD
Name: ................................................................................................. Branch / Sales Office: MBD, Level-9
ENGINEER,AAMRA RESOURCES LTD,BTA TOWER
Address: ............................................................................................. Date: 05-Aug-20
(10TH FLOOR), BANANI
............................................................................................................
29 KEMAL ATATURK AVENUE
................................................................................. PO. ...................

DHAKA
City/District ...................................................................... Bangladesh

BANKING ARRANGEMENT LETTER

Dear Sir / Madam,

05.08.2020
We refer to your application dated .................................................... under our Personal Loan Scheme, and we are pleased to offer
you the following credit limiton the following terms and conditions:

Particulars of your Personal Loan:

Loan Amount (BDT) *

12,00,000/-
: .........................................................

Purpose of the Loan

House Renovation
: ..............................................................................................................................

Processing Fee ( %)
2%
: .........................................................

Interest Rate (per annum)

9%
: .........................................................

First Instalment Due Date : within 30 days from date of disbursement

Number of Instalments *
60
: .........................................................

Instalment Amount (BDT) * 24,911/-

: ......................................................... (the last instalment amount may vary from regular
instalment amount)

Method of Payment : ✔ SI PDC SCB

BEFTN (from: ...............................................................................)

Settlement Fee : 2% of outstanding loan amount(prepayment or early settlement will only be allowed after
payment of the 6th (sixth) instalment)

Delayed Payments : Penal interest will be charged on overdue amount at the rate of 24% p.a.

Other Fees / Charges : Any fees, charges, duties, etc. levied by the regulator or as per law will be applicable
on your loan with immediate effect, with or without prior notification.

The terms and conditions enclosed in the "Personal Loan" application form shallbe
considered an integral part of this offer letter and shall govern the credit limit offered
in this letter.

*Amount may vary upon the assessment of the bank.

DOCUMENTATION:
The following documentation will be required to be completed and executed priorto the credit being available for drawdown.
It will be necessary for the documents to be in a legally enforceable condition and in a form and substance satisfactory to
the Bank:
12,00,000/-
DP Note for BDT ..................................................................................................................................................................

Salary Certificate……………………………………………………………………………………………………………………….

Letter of Guarantee for BDT ......................................... from ..............................................................................................

Bank Statement of 6-12 months

Tax Returns of last period

Memorandum of Deposit of Post Dated Cheques

Others (Please specify) ............................................................................................................ ...........................................

The Loan amount, EMI amount and number of EMI may vary (Loan/EMI amount and EMI number will not be more
than as mentioned hereinabove) upon subsequent assessment of the Bank and will be duly informed to you through
a Confirmation Letter to your recorded mailing address and you hereby agree to accept the same.

To accept this offer please sign both the Banking Arrangement Letter and the enclosed terms and conditions forming
part of the loan arrangement at the spaces indicated and return the same to us.

By accepting this offer you hereby authorise the Bank to disclose the information of your Loan to any regulatory
authority, any office of the Bank, any assignee of the Bank, agent of the Bank or to any subsidiary company of the
Bank.

You hereby agree that Bank may at any time or times hereinafter without notice to you apply the right of set off of all
or any of the moneys from time to times standing to the credit of your any account with the Bank, in whichever form
they are and whatever name they may be called, in or towards the discharge and satisfaction of all sums of money
which now are or at any time or times hereinafter may become due or owing to the Bank by you either severally or
jointly with any other person, or persons, company or companies on any account or in respect of any liability whatso-
ever whether actual or contingent and whether in the capacity of principal debtor or guarantor surety or principal
obligor or otherwise. You also agree and/or authorise the Bank to restrict withdrawal from any of your accounts as
designated by the Bank after notice to you until all of your liability with the Bank is fully adjusted and settled.

After full and final settlement of this Loan the Bank shall cancel and destroy the Post Dated Cheques (PDC) that you
have given to the Bank for securing EMI payment for the Loan. You hereby give consent to the Bank for cancellation
or destruction of the said cheques.

Upon acceptance, this offer shall be construed as a valid contract between the Bank and yourself and valid and
binding upon you and your successors and shall be valid notwithstanding any change in the document of incorpora-
tion of the Bank or any merger, acquisition or amalgamation of the Bank with any other body corporate.

Authorised signature Authorised signature

------------------------------ -------------------------------

ACCEPTANCE
I / we expressly agree to the above terms and conditions.

---------------------------------------- ----------------------------------------
Signature of First Applicant Signature of Joint Applicant
 05-Aug-2020

Dhaka

12,00,000/-

MD. ABU DAUD

Twelve Lac Only

9%
 05-Aug-20

12,00,000/-

Twelve Lac Only

MD. ABU DAUD

MD. ABU DAUD

12,00,000/-

Twelve Lac Only

Date: 05-Aug-2020

Debit Authority

In consideration of granting me/us a Personal Loan facility, I/We authorize the bank to debit my/our account no:

18-1340480-01
Account Number:

MD. ABU DAUD

Account Title:

I/we understand that the exact instalment amount will be calculated using the bank’s assessment methods based on
the approved loan amount / tenor and other factors.
As part of the requirement for debiting the Equal Monthly Instalment (EMI) for my/our Personal Loan, I/we hereby
authorize the Bank to debit my/our account for the exact instalment amount each month until the maturity of the
Personal Loan. After final assessment, bank will duly inform the final EMI amount in writing to my/ our recorded
mailing address and I/ we also agree to accept the same.

Signature (First Applicant) Signature (Joint Applicant)

For Use by Branch/ Source/Ops: For Use by Operations Team:

Final EMI Amount:

Signature verifying Bank Official’s Name, Seal &
Signature
BDO, Mahfuja Khatun Mukta
Designation_______________________________
05-Aug-2020
Date ___________________________________
Operations Official’s Name, Designation &
Signature
Designation_______________________________
Date ___________________________________
LLID:

Debit Authority for Insurance Premium Deduction for Personal Loan

I/we have agreed to enrol in life insurance coverage together with the personal loan availed from the
Bank.

I/we agree to pay the single premium amount for this life insurance by way of deduction from

the personal loan amount disbursed to me, as per the details stated below

my personal funds as per the details stated below

I/we am/are aware of the interest charged on the personal loan by the Bank.

I/we understand that the premium will be calculated using the formula* provided by the Insurance
Provider to the Bank

As part of the requirement for debiting the insurance premium for my/our Personal Loan, I/we hereby
authorize the Bank to debit my/our account given below:
Account Number:

Account Title:

Signature & Date: Account Holder-1 Signature & Date: Account Holder-2 (for Joint Account)

Bank Use Only:

Signature verifying Bank Official’s Name, Seal & Signature

Designation_______________________________
Date ___________________________________
 MEMORANDUM OF DEPOSIT OF POST DATED CHEQUES

STANDARD CHARTERED BANK

67, Gulshan Avenue, Dhaka-1212

THIS MEMORANDUM OF DEPOSIT OF CHEQUES IS MADE ON THIS THE __________ DAY OF

_______________20__.

I, ……………………………………………………………………………………………., son/daughter of
…………………………………………………………….. and ……………………………………………….,
bearing NID …………………………………………… and TIN……………………………………………… ,
presently residing at ………………………………………………………………………………………………,
Bangladesh [hereinafter referred to as the ‘BORROWER’] do hereby confirm, admit, acknowledge and record
that I have already deposited with:

STANDARD CHARTERED BANK

67, Gulshan Avenue, Dhaka-1212

(hereinafter referred to as the ‘BANK’ which expression shall include its successors-in-interest, legal
representatives, administrators and assignees) the cheques as described in SCHEDULE-I (hereinafter referred to
as ‘Scheduled Cheques’) hereto relating to my personal loan (the ‘loan’) sanctioned or to be sanctioned by the
BANK upon my application for the said loan and I have issued the Scheduled Cheques for the purpose of
securing the EMI (equated monthly Instalment) payment to the BANK on demand of all outstanding dues
including all charges and interest on account of said loan facility of Tk. BDT. /= (Taka
) only given or to be given by the BANK to the BORROWER.

I do hereby confirm that I am maintaining the account number ……………………………….. with

……………………….. branch of ……………………………………… Bank Limited from which I have
rightfully issued the Scheduled Cheques.

And I do hereby confirm that the Scheduled Cheques deposited by me were in my possession, custody and
control concerning the said account number ……………………………….. with ………………………..
branch of ……………………………………… Bank Limited in my name which I have willfully signed and
written dates thereon with required amount in words and numbers.

AND I further undertake and covenant that during the pendency of the said loan, I shall ensure that required
funds are available in my said account number ……………………………….. with ………………………..
branch of ………………………………………Bank Limited to honour the Scheduled Cheques failure of which
the BANK shall be at liberty to take appropriate measures against the BORROWER as the BANK may deem
fit.
SCHEDULE-I
(SIGNED POST DATED CHEQUES)
Cheque No. …………………. – …………………. = XX Cheques each amounting BDT. …………………/-
Cheque No. …………………. – …………………. = XX Cheques each amounting BDT. …………………/-
Cheque No. …………………. – …………………. = XX Cheques each amounting BDT. …………………/-
Cheque No. …………………. – …………………. = XX Cheques each amounting BDT. …………………/-
Cheque No. …………………. – …………………. = XX Cheques each amounting BDT. …………………/-

Total number of Cheques = …………… (……in word)

All the above cheques are duly signed and dates are written therein by the BORROWER
IN WITNESS WHEREOF, THE BORROWER HEREUNTO SET HIS/HER SIGNATURE ON THE DAY,
MONTH AND YEAR MENTIONED ABOVE.
Signed in the presence of (signatures,
names and addresses of the witnesses)

1. ______________________________
(Signature of the BORROWER)
2. Insert full name of the borrower in capital letter
 PERSONAL GUARANTEE

The Manager
STANDARD CHARTERED BANK

Dear Sir / Madam,

5th August 05-Aug-2020
This Guarantee is executed on this, the ................................................... day of ....................................., 20................ in consideration of Standard
12,00,000/-
Chartered Bank (hereinafter referred to as the "Bank") agreeing to extend a Personal Loan of BDT ..............................................................................
Twelve Lac Only
(BDT ...........................................................................................................................................................................................................................) to
MD. ABU DAUD
Mr./Ms./Mrs. ...................................................................................................................................................................................................................
VILL-CHAYGHARIA, P.O- DAPUNIA,P.S- PABNA,PABNA
of ....................................................................................................................................................................................................................................
Mahmuda Khanom
(hereinafter referred to as the Customer), I/we, .......................................................................................... do (hereby irrevocably undertake and
agree to do as follows :

12,00,000/-
1. To pay the sum not exceeding BDT ............................ Twelve Lac Only
(BDT ....................................................) only on your first demand along with all
charges accrued on the said amount.
2. To pay the claimed amount without any question and without any reference to the Customer.
3. To pay without any failure the claimed amount within 7 (seven) days of receipt of notice of invocation of the Guarantee by the Bank.
4. The statement by the Bank as to the amount due, under this Guarantee shall be conclusive and shall be accepted without any question.
5. In the event of my failure to pay the claimed amount within the stipulated date, I shall be liable to pay late payment administrative charges,
decided by the Bank, from time to time on the claimed amount until payment is actually made.
6. That my liability under this agreement shall be that of a principal debtor.
7. This Guarantee shall be a continuing security until the amount due from the Customer and under this Guarantee is fully paid.
8. That my liability under the Guarantee shall not be affected nor shall this Guarantee be discharged by reason of the Bank granting any time or
indulgence or concession to the Customer or due to any change in the terms and conditions of the Banking Agreement Letter.
9. That this Guarantee constitutes valid and legally binding obligations on me which is enforceable in accordance with its terms.
10. That this shall be binding upon me, my heirs and successors in title and shall ensure for the benefit of the Bank and its successors in title and
its assignees and transferees.
11. This Guarantee shall be binding on us and our successors and shall remain valid notwithstanding any change in the document of
incorporation of the Bank or amalgamation, merger or acquisition of the Bank with any other body corporate.
12. I/we hereby authorise the Bank to using and disclosing details of my/our account, my/our relationship with the Bank including credit balances
in any account to any office and branch of the Bank, any regulatory authority with jurisdiction over the Bank, any person required by a court
of competent jurisdiction, any potential assignee of the Bank, any agent, contractor or third party service providers of the Bank, any company
within the Standard Chartered Group and any other person under a duty of confidentiality to the Bank. Such disclosures will be made for
purposes as the Bank may in its sole discretion require.
13. So long as any money remains owing under this guarantee you shall have a lien on all my/our property including but not limited to any
monies standing to the credit of me/us with you and on any securities in your hands belonging to me/us/any of us or under control of mine/us
or any of us.

In witness whereof the Customer has caused this guarantee to be duly executed on the date mentioned herein above.

Signature : Designation : House Wife

Name : Organization : N/A

Mahmuda Khanom
Spouse Name : Business Address : N/A
MD. ABU DAUD
Fathers Name : Relationship with Applicant : Spouse
Md Motiur Rahman Khan
Present Address : HOUSE- 18, ROAD- 19,NIKUNJA- 2, P.S- KHILKHET,DHAKA-1219

Tel No. : 01733-188857

Office/Res. :
Personal Guarantor Information Form

1. Name: Mahmuda Khanom

2. Date of Birth: 12-Nov-1989

3. Place of Birth: PABNA

4. Country of Birth: Bangladesh

5. Mother’s Name: Late Jibon Nessa

6. Father’s Name: Md Motiur Rahman Khan

7. Nationality: Bangladeshi

8. Contact number: 01733-188857

9. NID/ID number of PG: 7611931630319

10. Address:

a. Present: HOUSE- 18, ROAD- 19,NIKUNJA- 2, P.S- KHILKHET,DHAKA-1219

b. Permanent: VILL-CHAYGHARIA, P.O- DAPUNIA,P.S- PABNA,PABNA

c. Mailing: Same As Present Address

d. Work: N/A

11. Relationship number of Guarantor:

(if existing Standard Chartered Bank client)

12. LLID number of PL:

13. Primary Applicant’s Account number (if available during submission):18-1195372-01

14. Relationship with Applicant: Spouse

___________________________ _______________________________

Signature of Applicant Seal and Signature of Bank Official

 Please attach
photograph here
[Applicant]
Confirmation
for
Personal Loan Electronic Application Form

I have applied to avail a Personal Loan (the ‘product’) from your branch through electronic version of Application Form (the ‘Application Form’):

Applying for: New Loan Top-up Takeover

Applied Amount: BDT ___________________ For Tenor ____________ y ears

I, the undersigned, hereby submit the requisite consent, confirmation, information and documents for further processing of this application.

[A] Declaration

I the undersigned declare and agree that:

i) Mr/Ms ......................................................................................................................... , an employee of Standard Chartered Bank (the ‘Bank’) having employee
ID# ..................................... , has met me in person on ..................................... (date) who described all features of the product and related services as per my
queries and upon my satisfactory understanding, I have consented him to capture all the necessary information in the Application Form using the Bank’s
assigned electronic device in my presence. I have seen the required features & layouts on the electronic device during capturing all my necessary
information/documents that were provided by me willingly. I also consciously declare that I will provide any information/documents as required by the Bank from
time to time in addition to the information/documents I have already provided to the Bank.

ii) I have reviewed and verified my information on the Application Form as appeared on the electronic device and declare the sameto be true, correct and updated
and those are binding on me. I confirm the Application Form has been generated by the ‘Bank’ from the system post review, verification and confirmation by me
that the information entered therein are correct and accurate which I have signed electronically andI understand that I shall receive a copy of the same through
email. It is my responsibility to inform the Bank via email or writing – regarding any discrepancy, addition &/or deletion in the said Application Form within 15
days from the date of this signed ConfirmationForm.

iii) I have read and understood a copy of the terms and conditions, Schedule of Charges etc. as applicable to my Personal Loan available on the website
www.sc.com/bdand hereby confirm, agree and declare that the same will be binding on me.

iv) I confirm that the electronic version of the Application Form which includes: MID (Most Important Document),Reference Form, CIB Form etc have been
completed correctly as per my instruction. The hard copy of the Application Form which has been generated by the Bank from the system and this Physical
Confirmation Form all together shall constitute the entirePersonal Loan Application Form for any regulatory &/or legal requirement.

v) I completely confirm and agree that the Bank shall use my below signature as the ‘Personal Loan Application Signature’ unless otherwise instructed by me and
this signed Confirmation Form will validate all the signatures & information that have been provided on the electronic Applic
ation Form. I also agree any relevant
& subsequent actions by the Bank regarding my Personal Loan will govern in accordance with this electronic Application Form as authorised by me.

vi) I also confirm that it is my own responsibility to notify the Bank to correct/update any change of any of my information within 30 days of such change.

vii) I further confirm that I have been given the option to complete thePersonal Loan Application Form in Bangla and in English version and I chose the latter at my
discretion.

[B] Declar ation of the total value of expenditure for the purpose of personal loan

I, ________________________________ _____________ _______ would like to obtain a Personal Loan of BDT _________________________________________ for

the purpose of ___________________________ _______ . Expected expenditure for this purpose will be approximately BDT _________ _________________ ________.

I also understand that the maximum amount of the loan will be determined by the bank at its discretion if approved. However, the Bank reserves the right to accept or
reject my application at its discretion without assigning any notice whatsoever.

Furthermore, I will be held responsible and liable at any point in time if it is found that the proceeds of the loan is used for the purpose other than the reasons declared
above.

For Bank Use Only

Workbench Reference No. ___________________________ ____________________ _

ARM Code: _____________ Source: _______________________________________

Existing Customer: Yes No (if yes please answer the below question)
Signature of Applicant Is the customer updating the address? Yes No

Name: ......................................................................................... Salaried Business Self-Employed Doctor Other

Date:............................................................................................ X1 Y1 Z1 Z2 Z3 Z4 Z5 Z8 Z6 Z7 Z9 D1 D2
Name & PWID
Photo ID Number: .......................................................................
12-Nov-1989 ______________________________________
Date of Birth: ...............................................................................
Contact Number_________________________
Signature & Date
Comments
 PERSONAL LOAN REFERENCE FORM

LLID Applicant Name:

applicant name
Reference : 1

Name of Referee:
Contact Number:
Office: Residence: Mobile:

Relationship With Applicant:

Residence Address:

Permanent Address:

Profession (If applicable):

Office Address:

Designation:
Department:

Reference : 2

Name of Referee:
Contact Number:
Office: Residence: Mobile:

Relationship With Applicant:

Residence Address:

Permanent Address:

Profession (If applicable):

Office Address:

Designation:
Department:

Signature of Applicant
Date: 03.08.2020

To
Manager
Standard Chartered Bank

Subject: General Declaration for Correct information

Dear Sir,

I declare that information provided below about myself / my nominee(s) are correct despite any mismatch in different documents
provided such as Passport, National ID, Driving License, Birth Certificate, Educational Certificate(s) & Photo ID of Nominee(s).

Name of Account/Card Holder/Guarantor: MD. ABU DAUD

Father’s Name : MD. SHAMRUL ALAM
Mother’s Name : MRS. MASUDA ALAM
Spouse’s Name (if applicable):

Date of Birth : 18/10/1982

e-TIN (if applicable) :

Name of Nominee:

Nominee’s Father’s Name:

Nominee’s Mother’s Name:

Reason for the mismatch of information

Reason for not submitting e-TIN

Reason for not submitting NID

Supported by:
Passport Driving License
National ID

✔ Existing Relationship Birth Certificate Other…………

4455

I would appreciate if you consider the above declaration to process / amend information of my Account/Credit Card/ Personal Loan
I confirm that the information provided through this declaration is true, complete and accurate and I have not willfully withheld any
material fact. If needed, I shall provide any additional information/document at the request of the Bank.

Sincerely,

Signature :

Name of Account/Card Holder: MD. ABU DAUD

Account Number/ Relationship Number (for existing customer): 18-1195372-01

Insurance Enrolment Forms provided
by Insurance Companies
American Life Insurance Company
MetLife Building, 18-20 Motijheel C.A.
P.O. Box 9, Dhaka - 1000
Bangladesh
Date D D M M Y Y Y Y

Credit Life Insurance for Personal Loans

A. Enrollment

First Applicant’s Name :...............................................................................................................................................................................

Date of Birth :...............................................................................................................................................................................

Loan Tracking No. (If any) :...............................................................................................................................................................................

YES, Upon my/our Personal Loan / Finance disbursement from …………………………………………………………………….... and meeting
insurance eligibility criteria, I/we want to be Insured under the “Group Credit Life & Credit Permanent Total Disability Insurance" issued by
American Life Insurance Company, Bangladesh (“MetLife”) in the event of First Applicant’s Death or Permanent Total Disability. I/we hereby
acknowledge that I have read and understood the relevant product disclosures overleaf and have received a copy of the same.
This declaration forms an integral part of the Group Master Policy "Group Credit Life & Credit Permanent Total Disability Insurance" issued by
MetLife to the above mentioned bank.

B. Good Health Declaration (To be filled up only by the First Applicant)

Being aged between 18 and 64 and in Good Health, I (First Applicant) agree, unless I notify to the bank otherwise in writing about my Ineligibility
due to Age and / or Health ground, to enroll voluntarily into the Insurance Scheme. I hereby also declare:
YES No
I do not intend to undergo any medical investigation, treatment or surgical operation, and free from any physical or
mental infirmity.

I am currently not receiving any treatment, have not been treated for or told to have any heart or blood vessel disease, high
blood pressure, nervous system, kidney, liver or lung disease, any recent weight loss, unexpected fatigue, AIDS, enlarged
lymph nodes or any other serious condition.

I agree that my failure to disclose facts that affect the assessment of risk by the Insurance Company would invalidate the coverage. I also agree
and perfectly understand that this insurance will NOT be APPLICABLE to the consequences of a sickness or of an accident incurred to me (First
Applicant) prior to my enrollment into the insurance Scheme.
I am also aware of the fact that the “Group Credit Life and Credit Permanent Total Disability Insurance” Policy Contract contains the terms,
conditions and exceptions of this scheme and the Policyholder has the original Policy Contract in its custody. I also understand cancellation
request for the insurance facility, if any, must be placed duly within 14 days of policy enrollment for refunds of paid insurance premium. At such
time, I am fully aware that revised documents and security instruments will need to be submitted and necessary processes will need to be
completed for the cancellation.

C. Beneficiary Nomination

Insurance benefits exceeding the Outstanding Balance will be paid to the following Beneficiary (ies):

1. Name: Relationship:

DOB: Nationality: Country of Residence: ..............................................

Benefit..................................%

2. Name: Relationship:

DOB: Nationality: Country of Residence: ..............................................

Benefit..................................%

Information of the Appointee who will receive policy proceeds on behalf of minor beneficiary (ies), if any

This appointment Name of Appointee: Relationship to the

shall not be valid Beneficiary(ies):
unless signed by Signature:
Appointee
DOB: Nationality: Country of Residence: hghhhhh
..............................................
October 2019

*Unless otherwise requested, multiple beneficiaries share the benefit equally and the right to change the beneficiary is reserved.

Signature (First Applicant) and Date Signature (First Applicant) and Date
American Life Insurance Company is incorporated in the USA as a Limited Company
 Bank Copy
Summary of Coverage
Benefit / Coverage
MetLife has issued a Group Insurance Master Contract to Standard Chartered Bank (“the Bank”). This insurance is optional for borrowers of
personal loan from the Bank. As per the Terms of this Group Master Policy, insured customers will get the protection in case of Death and/or
Permanent Total Disability (PTD) due to natural or accidental causes. The benefit is as follows:
Death and PTD Benefit is 200% of the Outstanding Balance (OB), where –
• 100% of the OB will be payable to the Bank (Policyholder as the irrevocable beneficiary) by MetLife to offset the loan; and
• 100% of the OB will be payable to the named beneficiary of the insured. The Maximum aggregated amount payable is BDT4,000,000. In
case where 200% of OB is more than BDT4,000,000 then the difference (between the outstanding balance and maximum limit of
BDT4,000,000) will be payable to the named beneficiary of the insured.

Protection
• Coverage under this insurance is linked to the Outstanding Balance of the Personal Loan/Finance at the Date of Loss;
• Age of the borrower should be between 18 to 64 years at the time of his/her enrollment in the scheme;
• The tenure of the insurance will be same as the loan tenure. However, the insurance will be terminated at Age 65 of the insured irrespective
of the tenor of Loan/Finance;
• The coverage shall be effective from the day of customer paying the premium, but will only commence after MetLife has accepted the
completed Application Form & full premium has been paid;
• Failure of proposed insured to disclose facts that affect the assessment of risk by insurance company would invalidate insurance
protection and claim.
• There is waiting period of 365 consecutive days from the commencement of total disability before it can be recognized as being
Permanent. However, in case of total and irrevocable loss of sight of both eyes or loss of two or more limbs (at or above wrist or ankle),
the waiting period can be waived and the state of PTD be recognized immediately.

Premium Rates
The Premium Rate is a Common Rate irrespective of Age of the Applicant and is charged only once at the time of enrolment under insurance as
follows:
Total Single Premium = Personal Loan Amount granted by the Bank / 1000 X 0.391666 x Total Loan/Finance Term in months

Refund Calculation & Fees

Full refund of paid insurance premium will be made if the cancellation request for the insurance facility is placed duly within 14 days of policy
enrollment. At such time, the revised documents and security instruments will need to be submitted and necessary processes will need to be
completed for the cancellation.
For other cancellations, following formula shall be used:
Premium Refund = (Insurance Premium Collected for the Loan/Finance) X (Unexpired Loan/ Finance Term in months)/
(Total Loan/Finance Term in months) X (1 – Applicable Surrender Charge %).
For cancellation of Insurance coverage without Early Redemption of the loan/finance (whether partial or in full) at any time beyond first 14 days,
the surrender charge is 20% of the calculated refund amount.
For cancellation of Insurance coverage with Early Redemption of the loan/finance (whether partial or in full) at any time beyond first 14 days, there
is no surrender charge applicable.
The Bank may receive a fee from MetLife for the collection and transfer service of the premium.

Exclusions
Any Death, Disability or illness caused by or resulting, directly or indirectly, wholly or partly, from any of the
following factors will not be covered by this insurance:

• Any illness or disability or any condition pre-existing or preceding the effective date of the coverage; or
• The condition of Acquired Immune Deficiency Syndrome (AIDS), or any AIDS Related Illness or HIV virus; or
• Suicide while sane or insane; or
• Chronic alcoholism or abuse of alcohol or abuse or addiction to drugs; or
• Civil war, war, invasion or warlike operations, act of foreign enemy, hostilities, revolt, mutiny, riots, strike, civil commotion, rebellion,
revolution, insurrection, active participation in terrorism to such a degree and extent of the involvement or engagement of the Insured in
these conditions without any cause; or
• Military Service in the Armed Forces or Security Forces of any country or any authority; or
• Any Psychiatric, mental or nervous disorder; or
• Exposure of the body, voluntarily or not, to nuclear power or radioactivity in war or warlike operations or in peace; or
• Disability attributed by the Insured to subjective complaints not detectable with laboratory measurement, microbiological, biochemical
means and/or imaging; or
• The commission of or attempted commission of an assault or any unlawful act, or being engaged in any illegal activity or felony.
October 2019

Disclaimer
The Information contained in this Summary of Coverage is intended for general consumer understanding and education only and is subject at all
times to the terms and conditions of the in force Group master Policy issued by MetLife to the Bank.

For your claim please visit your nearest Standard Chartered Branch.
 Customer Copy
Summary of Coverage
Benefit / Coverage
MetLife has issued a Group Insurance Master Contract to Standard Chartered Bank (“the Bank”). This insurance is optional for borrowers of
personal loan from the Bank. As per the Terms of this Group Master Policy, insured customers will get the protection in case of Death and/or
Permanent Total Disability (PTD) due to natural or accidental causes. The benefit is as follows:
Death and PTD Benefit is 200% of the Outstanding Balance (OB), where –
• 100% of the OB will be payable to the Bank (Policyholder as the irrevocable beneficiary) by MetLife to offset the loan; and
• 100% of the OB will be payable to the named beneficiary of the insured. The Maximum aggregated amount payable is BDT4,000,000. In
case where 200% of OB is more than BDT4,000,000 then the difference (between the outstanding balance and maximum limit of
BDT4,000,000) will be payable to the named beneficiary of the insured.

Protection
• Coverage under this insurance is linked to the Outstanding Balance of the Personal Loan/Finance at the Date of Loss;
• Age of the borrower should be between 18 to 64 years at the time of his/her enrollment in the scheme;
• The tenure of the insurance will be same as the loan tenure. However, the insurance will be terminated at Age 65 of the insured irrespective
of the tenor of Loan/Finance;
• The coverage shall be effective from the day of customer paying the premium, but will only commence after MetLife has accepted the
completed Application Form & full premium has been paid;
• Failure of proposed insured to disclose facts that affect the assessment of risk by insurance company would invalidate insurance
protection and claim.
• There is waiting period of 365 consecutive days from the commencement of total disability before it can be recognized as being
Permanent. However, in case of total and irrevocable loss of sight of both eyes or loss of two or more limbs (at or above wrist or ankle),
the waiting period can be waived and the state of PTD be recognized immediately.

Premium Rates
The Premium Rate is a Common Rate irrespective of Age of the Applicant and is charged only once at the time of enrolment under insurance as
follows:
Total Single Premium = Personal Loan Amount granted by the Bank / 1000 X 0.391666 x Total Loan/Finance Term in months

Refund Calculation & Fees

Full refund of paid insurance premium will be made if the cancellation request for the insurance facility is placed duly within 14 days of policy
enrollment. At such time, the revised documents and security instruments will need to be submitted and necessary processes will need to be
completed for the cancellation.
For other cancellations, following formula shall be used:
Premium Refund = (Insurance Premium Collected for the Loan/Finance) X (Unexpired Loan/ Finance Term in months)/
(Total Loan/Finance Term in months) X (1 – Applicable Surrender Charge %).
For cancellation of Insurance coverage without Early Redemption of the loan/finance (whether partial or in full) at any time beyond first 14 days,
the surrender charge is 20% of the calculated refund amount.
For cancellation of Insurance coverage with Early Redemption of the loan/finance (whether partial or in full) at any time beyond first 14 days, there
is no surrender charge applicable.
The Bank may receive a fee from MetLife for the collection and transfer service of the premium.

Exclusions
Any Death, Disability or illness caused by or resulting, directly or indirectly, wholly or partly, from any of the
following factors will not be covered by this insurance:

• Any illness or disability or any condition pre-existing or preceding the effective date of the coverage; or
• The condition of Acquired Immune Deficiency Syndrome (AIDS), or any AIDS Related Illness or HIV virus; or
• Suicide while sane or insane; or
• Chronic alcoholism or abuse of alcohol or abuse or addiction to drugs; or
• Civil war, war, invasion or warlike operations, act of foreign enemy, hostilities, revolt, mutiny, riots, strike, civil commotion, rebellion,
revolution, insurrection, active participation in terrorism to such a degree and extent of the involvement or engagement of the Insured in
these conditions without any cause; or
• Military Service in the Armed Forces or Security Forces of any country or any authority; or
• Any Psychiatric, mental or nervous disorder; or
• Exposure of the body, voluntarily or not, to nuclear power or radioactivity in war or warlike operations or in peace; or
• Disability attributed by the Insured to subjective complaints not detectable with laboratory measurement, microbiological, biochemical
means and/or imaging; or
• The commission of or attempted commission of an assault or any unlawful act, or being engaged in any illegal activity or felony.
October 2019

Disclaimer
The Information contained in this Summary of Coverage is intended for general consumer understanding and education only and is subject at all
times to the terms and conditions of the in force Group master Policy issued by MetLife to the Bank.

For your claim please visit your nearest Standard Chartered Branch.
 Delta Life Insurance Company Limited
Corporate Office: Delta Life Tower Plot # 37, Road # 90, Gulshan-2, Dhaka-1212
Email: health.group@deltalife.org; Phone: +8809613666000; Website: www.deltalife.org

Insurance Enrolment Form

PAYMENT PROTECTION INSURANCE FOR PERSONAL LOAN/FINANCE BORROWERS

Date D D M M Y Y Y Y
Application No.:

Applicant’s Details

First Applicant’s Name:

Date of Birth: NID No.: Gender: Male Female

Address:

Email ID (if any): Contact Tel/Cell No.:

Average Monthly
Occupation: Income (in BDT):

Father’s Name

Loan/Finance A/C No. (If any) Loan/Finance Tracking No.

YES, Upon my/our Personal Loan/Finance Disbursement from Standard Chartered Bank and meeting insurance eligibility criteria, I/We want
to be insured under the “Payment Protection Insurance” issued by Delta Life Insurance Company Limited for Death & Permanent Total Disability
in the event of First Applicant’s Death or Permanent Total Disability. I/We hereby declare that I/We have read and understood the information
and agree with the terms & conditions mentioned overleaf.

Declaration

I agree, unless I state to Standard Chartered Bank otherwise, to get enrolled into Payment Protection Insurance Scheme for Personal Loans
voluntarily and confirm that I understand the “Summary of Coverage” written overleaf. I am also aware of the fact that the “Payment Protection
Insurance” Policy Contract contains the terms, conditions and exceptions of the Scheme and the Policyholder has the original copy of “Group
Master Policy” in its custody. I hereby declare that I do not intend to undergo any medical investigation, treatment or surgical operation and I am
free from any physical and mental illness. I further declare that I am not receiving any medical treatment for blood pressure, diabetes, AIDS or any
diseases related to heart, nervous system, liver, lungs or any other serious conditions. I understand that this insurance is not applicable to the
consequences of a sickness or of an accident incurred prior to my enrolment in the policy. I also understand that cancellation request for the
insurance facility, if any, must be placed duly within the initial 14 days, for full refund of paid insurance premium. I hereby acknowledge that I have
read and understood the relevant product disclosures overleaf and have received a copy of the same.

Nomination of Beneficiary
Insurance benefits exceeding the Outstanding Balance will be paid to the following Nominated Beneficiary (ies):

1 Name: Relationship:

DOB: …..../….../…..… Bangladeshi

Nationality:……………....…… NID No.:……………........…………..
Benefit: %

2 Name: Relationship:

DOB: …..../….../…..… Nationality:……………….....… NID No.:……………………......…..

Benefit: %

Information of the Appointee who will receive policy proceeds on behalf of minor beneficiary (ies), if any

This nomination
shall not be
valid unless
Name of Appointee:
Name of the apointee Relationship to the
Beneficiary (ies):
Signature:
signed by
DOB: Country of Residence:
Appointee
Nationality: NID or Passport No.:
*Unless otherwise requested, multiple beneficiaries shall share the benefit equally and the right to change the beneficiary is reserved.
January 2019

Signature (First Applicant) Signature (Joint Applicant)

 Summary of Insurance Coverage
Salient Features of Benefits and Coverage
Delta Life Insurance Company Limited has issued a Group Master Policy to Standard Chartered Bank for Insurance Coverage of its
Personal Loan/Finance borrowers. This insurance is optional for borrowers. As per the Term of this Group Master Policy, insured
customers will get the financial protection in case of Death and/or Permanent Total Disability (PTD) due to sickness or accidental causes.
The benefits payable by Delta Life Insurance Company Limited are as follows:

Benefit for Death and PTD is 200% of the Outstanding Balance (OB), where –
*100% of the outstanding balance will be waived and payable to the Bank (Policyholder as the irrevocable beneficiary) and
*100% of the outstanding balance (OB) will be payable to the nominated beneficiary of the insured except in case of PTD when it will be
payable to the Insured.

Gist of Insurance Coverage

*Amount of payable Financial Benefit is linked to the Outstanding Balance of the Loan/Finance on the Date of Loss;
*Minimum Age of the Loan Applicant should be 18 years at the time of his/her enrolment in the insurance scheme;
*Maximum Age of the Loan Applicant should not exceed 64 years at the time of enrolment under the Insurance Scheme;
*Insurance Protection shall be terminated at the age of 65 Years irrespective of the tenure of Loan/Finance;
*Failure of proposed insured to disclose facts that affect risk assessment by insurance company would invalidate insurance protection
and claim.
* There is a waiting period of 183 consecutive days from the commencement of total disability before it can be recognized as being
Permanent. However, in case of total and irrevocable loss of sight of both eyes or loss of two or more limbs (at or above wrist or ankle),
the waiting period can be waived and the state of PTD be recognized immediately.

Premium Rates
The Premium Rate applicable for this policy is a Common Fixed Rate irrespective of the “Age of the Applicant” and is charged only once
for the whole Loan Tenure at the time of enrolment under insurance. The Premium Rate is BDT 470.00 per BDT 1,00,000.00 Sum Assured
Per Year for Death and PTD coverage at standard risk.

Refund Calculation & Fees

Full refund of paid insurance premium will be made if the cancellation request for insurance coverage is placed duly within 1 4 days of policy
enrolment. Necessary documents and security instruments have to be submitted for cancellation process within that time limit.

For cancellation due to other reasons, following formula shall be used;

Premium Refund = (Insurance Premium Collected for the Loan/Finance) x (Unexpired Loan/Finance Term in months) ÷ (Total Loan/Finance
Term in months) X (1- Applicable Surrender Charge %).

For cancellation of Insurance coverage without Early Redemption of the loan/finance at any time beyond first 14 days, the surrender charge is
20% of the calculated refund amount.

For cancellation of Insurance coverage with Early Redemption of the loan/finance (whether partial or in full) at any time beyond first 14
days, no surrender charge shall be applicable.

The Bank may receive a fee from Delta Life Insurance Company Limited for premium collection and transfer services.

Exclusions from Insurance Coverage

Any Death, Disability caused by or resulting, directly or indirectly, wholly or partly, from any of the following conditions will not be
covered by this insurance:

* Any illness or disability or any pre-existing condition or
congenital anomaly preceding the effective date of the
coverage; or
* The condition of Acquired Immune Deficiency Syndrome
(AIDS), or any AIDS Related illness or HIV virus related illness; or
* Suicide or attempted suicide or self inflicted injury while sane
or insane; or
* Civil war, war, invasion or warlike operations, act of foreign enemy,
hostilities, revolt, mutiny, riots, strike, civil commotion, rebellion, revolution,
insurrection, active participation in terrorism or engagement of the Insured in
these condition without any cause; or
* Service in the Armed Forces or Security Forces of any country or any
authority; restoration of public order or making an arrest as an officer of the
Law

* Chronic alcoholism or abuse of alcohol or drug abuse or
addiction to drug; or
* Any Psychiatric, mental or nervous disorder; or
* Exposure of the body, voluntarily or involuntarily, to poisonous
gases/fumes or to nuclear power or radioactivity during war or
warlike operations or in peace; or
* Disability attributed by the insured to subjective complaints
not detectable through laboratory measurement,
microbiological, biochemical means and/or imaging; or
* Service, travel or flight in or descent from any kind of aircraft, except as a
passenger in an aircraft operated by a commercial passenger airline on a
scheduled air flight over an established route.
* The commission of or attempted commission of an assault or any unlawful
act, committing a felony, participation in brawl or involvement in any illegal
activity.
* Participation in any professional sport or any sport involving a motor engine
(including rallies), boxing, scuba/skin diving, parachuting or hang-gliding,
horse racing and mountain climbing
January 2019

Disclaimer
The information contained is a Summary of Coverage only for understanding of general consumers and is subject, at all times, to the
terms and conditions of the Group Master Policy in force issued by Delta Life Insurance Company Limited to Standard Chartered Bank.
 Customer Copy
Summary of Insurance Coverage
Salient Features of Benefits and Coverage
Delta Life Insurance Company Limited has issued a Group Master Policy to Standard Chartered Bank for Insurance Coverage of its
Personal Loan/Finance borrowers. This insurance is optional for borrowers. As per the Term of this Group Master Policy, insured
customers will get the financial protection in case of Death and/or Permanent Total Disability (PTD) due to sickness or accidental causes.
The benefits payable by Delta Life Insurance Company Limited are as follows:

Benefit for Death and PTD is 200% of the Outstanding Balance (OB), where –
*100% of the outstanding balance will be waived and payable to the Bank (Policyholder as the irrevocable beneficiary) and
*100% of the outstanding balance (OB) will be payable to the nominated beneficiary of the insured except in case of PTD when it will be
payable to the Insured.

Gist of Insurance Coverage

*Amount of payable Financial Benefit is linked to the Outstanding Balance of the Loan/Finance on the Date of Loss;
*Minimum Age of the Loan Applicant should be 18 years at the time of his/her enrolment in the insurance scheme;
*Maximum Age of the Loan Applicant should not exceed 64 years at the time of enrolment under the Insurance Scheme;
*Insurance Protection shall be terminated at the age of 65 Years irrespective of the tenure of Loan/Finance;
*Failure of proposed insured to disclose facts that affect risk assessment by insurance company would invalidate insurance protection
and claim.
* There is a waiting period of 183 consecutive days from the commencement of total disability before it can be recognized as being
Permanent. However, in case of total and irrevocable loss of sight of both eyes or loss of two or more limbs (at or above wrist or ankle),
the waiting period can be waived and the state of PTD be recognized immediately.

Premium Rates
The Premium Rate applicable for this policy is a Common Fixed Rate irrespective of the “Age of the Applicant” and is charged only once
for the whole Loan Tenure at the time of enrolment under insurance. The Premium Rate is BDT 470.00 per BDT 1,00,000.00 Sum Assured
Per Year for Death and PTD coverage at standard risk.

Refund Calculation & Fees

Full refund of paid insurance premium will be made if the cancellation request for insurance coverage is placed duly within 1 4 days of policy
enrolment. Necessary documents and security instruments have to be submitted for cancellation process within that time limit.

For cancellation due to other reasons, following formula shall be used;

Premium Refund = (Insurance Premium Collected for the Loan/Finance) x (Unexpired Loan/Finance Term in months) ÷ (Total Loan/Finance
Term in months) X (1- Applicable Surrender Charge %).

For cancellation of Insurance coverage without Early Redemption of the loan/finance at any time beyond first 14 days, the surrender charge is
20% of the calculated refund amount.

For cancellation of Insurance coverage with Early Redemption of the loan/finance (whether partial or in full) at any time beyond first 14
days, no surrender charge shall be applicable.

The Bank may receive a fee from Delta Life Insurance Company Limited for premium collection and transfer services.

Exclusions from Insurance Coverage

Any Death, Disability caused by or resulting, directly or indirectly, wholly or partly, from any of the following conditions will not be
covered by this insurance:

* Any illness or disability or any pre-existing condition or
congenital anomaly preceding the effective date of the
coverage; or
* The condition of Acquired Immune Deficiency Syndrome
(AIDS), or any AIDS Related illness or HIV virus related illness; or
* Suicide or attempted suicide or self inflicted injury while sane
or insane; or
* Civil war, war, invasion or warlike operations, act of foreign enemy,
hostilities, revolt, mutiny, riots, strike, civil commotion, rebellion, revolution,
insurrection, active participation in terrorism or engagement of the Insured in
these condition without any cause; or
* Service in the Armed Forces or Security Forces of any country or any
authority; restoration of public order or making an arrest as an officer of the
Law

* Chronic alcoholism or abuse of alcohol or drug abuse or
addiction to drug; or
* Any Psychiatric, mental or nervous disorder; or
* Exposure of the body, voluntarily or involuntarily, to poisonous
gases/fumes or to nuclear power or radioactivity during war or
warlike operations or in peace; or
* Disability attributed by the insured to subjective complaints
not detectable through laboratory measurement,
microbiological, biochemical means and/or imaging; or
* Service, travel or flight in or descent from any kind of aircraft, except as a
passenger in an aircraft operated by a commercial passenger airline on a
scheduled air flight over an established route.
* The commission of or attempted commission of an assault or any unlawful
act, committing a felony, participation in brawl or involvement in any illegal
activity.
* Participation in any professional sport or any sport involving a motor engine
(including rallies), boxing, scuba/skin diving, parachuting or hang-gliding,
horse racing and mountain climbing
January 2019

Disclaimer
The information contained is a Summary of Coverage only for understanding of general consumers and is subject, at all times, to the
terms and conditions of the Group Master Policy in force issued by Delta Life Insurance Company Limited to Standard Chartered Bank.
Branch/Booth Directory
Dhaka
Gulshan Branch Motijheel Branch CEPZ Branch
67 Gulshan Avenue Alico Building, 18-20 Motijheel C/A Zone Service Building
Chattogram Export Processing Zone
Gulshan North Branch Chawk Bazar Branch Free Port Road
Gulshan Centre Point 12 Water Works Road, Ward 39, Chattogram City Corporation
House 23 - 26, Road 90, Dalpatty, Chawkbazar P.S. Bandar, Chattogram
Gulshan - 2
Mirpur Branch Bogura
Islamic Banking Centre Dynasty Tower, Plot 01, Road 12, Bogura Branch
Gulshan Centre Point Block G, Section 6, Pallabi, Mirpur Shatani House, Sherpur Road
House 23 - 26, Road 90,
Gulshan - 2 Uttara Branch Khulna
Update Tower, Shahajalal Avenue
Khulna Branch
Banani Booth Plot-1, Sector 6, Uttara
Jibon Bima Bhaban, KDA Avenue
14 Kemal Ataturk Avenue, Banani
Savar Branch
Sylhet
Bashundhara Booth Dhaka Export Processing Zone,
Haveily Center (GF), Ka-11/2/A, Zone Service Complex Sylhet Branch
Jagannathpur, 7 Noya Sharak, Jail Road,
Bashundhara Road, Dhaka. Narayanganj Ward-16
Narayanganj Branch
Dhanmondi Road 5 Branch 26 Shaista Khan Road
House 6, Road 5, Dhanmondi R/A (near Narayanganj Club)

Satmasjid Road Branch Chattogram

Level 2, Taj Lily Green, Plot 51
Chattogram Main Branch
Satmasjid Road, Dhanmondi
Sheikh Mujib Road, Agrabad
Dhaka 1205
Nasirabad Branch
Kakrail Booth
1 Shahid Abdul Halim Road
Karnaphuli Garden City,
East Nasirabad
109 Kakrail Road

Kawran Bazar Branch

53 Kawran Bazar

Sonargaon Booth
L101 Pan Pacific Sonargaon Hotel,
107 Kazi Nazrul Islam Avenue

InterContinental Booth
InterContinental Dhaka Annex Building,
1 Minto Road, Ramna
October 2019

Call our 24-hour Client Care Centre at 8332272 or 16233 (from mobile) or
visit your nearest Standard Chartered branch.