Date)

Dear Sir,
Sub: Application for Credit Sanction Facility.

I/We, _________________________________________________________ refer to the Application No.

__________________ dated ________________________ submitted by me to Axis Bank Ltd for availing of
an ___________________________________Facility from Axis Bank.

Facility Purpose
Overdraft For General Business purpose / Working Capital
Cash Credit For General Business purpose / Working Capital
Card power For General Business purpose / Working Capital
Secured Term Loan For Purchase of property
or Purchase of Machinery
For Business Purpose
In case of any other Facility
Facility Type :
I hereby represent, warrant and confirm that the aforesaid purpose is a valid purpose and also agree and
undertake to utilize the facility only for the above mentioned purpose and that the facility shall not be
used for the purpose of:
• Any illegal and/or antisocial and/or litigation activity
• Investment in real estate
• Speculative purposes including but not limited to participation in stockmarkets/IPOs
• Acquisition of small savings instruments (including KVP & NSC)
• Purchase of gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of
gold Exchange Traded Funds (ETF) and units of gold Mutual Funds
• Any other nefarious activities
I further agree, confirm and undertake that the purpose of use of funds under the facility shall not be
changedin any manner during the tenor of the facility or that such change in purpose shall take place
only with the prior written permission of AXIS Bank. I agree that any breach or default in complying
with all or any of the aforesaid undertaking(s) will constitute an event of default under the Facility
Agreement executed with the bank and accordingly the bank will have the right to initiate appropriate
recovery proceedings for recovering the outstanding dues in the loan account.

Thanking You
Yours Sincerely,