* FDL* FD LIEN CUSTOMER DECLARATION
(CUSTOMER LETTER FOR MARKING LIEN )
The Manager,
HDFC Bank Cards Division,
[Link] 8654,
Thiruvanmiyur P.O. ,
Chennai 600 041.
Dear Sir/ Madam,
Subject: HDFC Bank Credit Card Application Ref No.
With reference to the application for a HDFC Bank Credit Card to be issued to ________________________ ("Card
holder") , I / We hereby authorize HDFC Bank ("the Bank") to mark a lien to the extent of Rs._______________
(amount in figures), Rupees_____________________________________________________________________
____________________________________________________ (amount in words) on the FD account number
__________________ including renewals thereof, as a security for the credit card being issued. I / We also confirm
that the above FD is currently free from lien and it is not linked to any sweep in / super saver account. I/We agree
that the Bank at its sole discretion is fully authorised to liquidate the FD without any cause or notice to me/us and
appropriate the proceeds towards the outstanding on the credit card. In such event I/We expressly agree that the
Bank shall not be responsible for any loss arising due to pre-mature encashment of the FD. I / We shall not apply for
premature withdrawal of the FD and authorise the bank to automatically rollover the FD for further similar periods
on each maturity date as long as the card is active / in use. I/We further agree to arrange for further FDs from time to
time of requisite amounts as may be required by the Bank, with lien in favour of the Bank. I/We agree that the Bank
shall be entitled to proceed against the card holder for the balance outstanding after adjusting the FD towards the
dues. I/We acknowledge that the Bank's rights herein shall be in addition to all rights, powers and remedies available
to the Bank by virtue of any other statute, rule or law including the Bank's right of general lien and set off.
Thanking you,
_________________ ___________________________ Name & Signature Joint Account Holders (if any)
Note: [Link] to be same as that used for banking transactions
2. To be signed by all the Joint Account Holders
The credit limit will be equal to 75% of the FD amount specified for marking lien, subject to product cap. In case of
a Joint account, both the signatories have to sign the declaration.
