AFFIDAVIT

1. AMAL. S , D/o. SHAJAHAN . S aged 24 Ayyanvilkizakathil, kunnicode (P. O) 2. Shajahan. S

1. We have applied for a Educational Loan with Central Bank of Indian kunicode Rs.
377000………………………………..only)
2. WE have not availed loan with any other branch. neither approached not have been denied Educational
Loan by any other Bank, for any reason.
3. We confirm that we have enough as to the recognition of the institute/Prospects of the course, which the
student applicant is intending to pursue and agree the bank is in no way responsible for any adverse
things about the same.
4. We understand that in terms of “Central Scheme to provide Interest Subsidy (CSIS)”, the interest payable
by the student belonging to Economically Weaker Sections (EWS) for pursing any of the approved
Courses od Studies in Technical and professional Streams form Recognized Institutions in India for the
period of Moratorium ie: course period plus one year or Six Months after getting the job, which ever is
earlier, as prescribed under the Educational Loan Scheme of the Indian Banks Association shall be borne
by the Government of India.
5. We understand that of “CSIS”, the benefits of the Scheme would be applicable to those students
belonging to Economically Weaker Sections (EWS), with an Annual Cross Parental /Family income upper
limit of Rs. from all sources). It will be our sole responsibility
to submit income certificate of parents /guardian from Tasildhar (competent Authority to issue Income
Certificate under the Scheme) to the bank, to claim to the eligible under the Scheme.
6. We under that Interest Subsidy under “Central Scheme to provide Interest Subsidy “CSIS”, shall not be
available for those students once they discontinue the course midstream. or who are expelled from the
institutions on disciplinary of Academic grounds.
7. We agree that the bank is not responsible in any manner for the grant or refusal of interest under
“Central Scheme to provide Interest Subsidy (CSIS)” . We understand that the decision of applicant being
eligible under the scheme is subject to government’s approval only. We agree to pay the interest accrued
during the moratorium period, in case of the applicant being found as ineligible under the scheme for
what so ever may be the reason/s including . Non Recognition of the institute/course or exceeding of
income criteria of the family of otherwise.
8. We understand that changes in base rate be displayed in branch’s . Notice Board as well as be notified in
banks website. the amount of interest as well as monthly instalments will under go change od Base rate,
which will be binding on us and we ourselves at our responsibility will ascertain the modified instalment
from the branch and agree that the bank need not necessary inform the same separately I writing .
9. We understand to submit Academic progress S Report of the applicant /Student to the Central Bank of
India from time to time.
10. We will not approach for any further Loan from the Central bank of India & we ourselves will manage
margin/ Additional requirements. if any and we also accept that central Bank of India is under no
obligation to grant any further loan in case of our failure to raise the requisite funds in future.
11. The applicant/ Student/Assignor /here by assign for the valuable consideration, do hereby transfer and
assign all his/her rights, title, interest in the future income to be earned after completion of education in
the name of assignce/ Central bank of India and its successors or assigns. for the purpose of repayment
of Educational Loan that will be availed by him/her from them and declare the receipt or receipts of the
said bank shall be good and valid discharge for all moneys payable by his /her employers in the receipts
were signed by himself/herself . his /her heirs, executors and assigns.
12. In consideration of the educational loan granted /; to be granted by the Assignee/Central Bank of India
to the applicant applicant /Student / Assignor/to pursue students in India/Aboard, the Assignor doth
herby assign by way of first and paramount charge in favour of the Assignee, the future income
mentioned here in a absolutely.
13. The applicant/Student /Assignor/here by covenants with the assignor Central Bank of India to remit the
future salary / income by cheque/remittance directly to his/her account that will be opened with the
Central Bank of India.
14. We undertake to furnish Central Bank of India with the full particulars of employment of the student/
Applicant at the earliest and assure the Central Bank of India that regular Monthly Instalments will be
remitted from his earnings to its loan Account till the same is closed along with applicable interest, costs
etc. Father /Co-borrower undertakes to repay the educational loan even if the student applicant
discontinues the students mid way or does not secure suitable Employment.

15. We confirm that we have read carefully and understood the declaration at the end of part 1 of the Loan
Application Form of Central Bank of India that is duly signed by us and will abide by the same without any
exception.

Solemnly Affirmed on this the 25 th day July 2022

Student : Amal . S Father : Shajahan. S

it is solemnly affirmed and signed before me by the deponent

at may office at Ponkunnam.