UNDERTAKING CUM INDEMNITY

This Undertaking cum Indemnity is executed on this _____ day of ________ 2021 by
_______________________________________________, an Individual residing at
_________________________________________________________________
(hereinafter referred to as the "Borrower", which expression shall unless the context
otherwise requires, include (i) in case of the individual his or her heirs, executors and
administrators and in case of more than one borrower, their respective heirs,
executors and administrators.

In Favor of
IDFC FIRST BANK LIMITED (FORMERLY KNOWN as IDFC Bank Limited and
transferee of Capital First Limited by virtue of the Order passed under Section 230 to
232 of the Companies Act, 2013 (VIII of 2013) on the Scheme of Amalgamation by
the Hon'ble National Company Law Tribunals at Chennai & Mumbai effective from
18th December, 2018), a company registered under the Companies Act, 2013 and a
banking company within the meaning of the Banking Regulations Act, 1949 and
having its registered office at KRM Tower, 7th Floor, No. 1 Harrington Road,
Chetpet, Chennai 600031 and amongst others, a branch at Naman Chambers, C-32,
G-Block, Bandra Kurla Complex, Bandra East, Mumbai 400051( hereinafter referred
to as ("the Bank"), (which expression shall, unless it be repugnant to the context or
meaning thereof, be deemed to mean and include its successors, subsidiaries and
permitted assigns).
I/We say that the Bank had sanctioned credit facilities to me /us aggregating to Rs
__________/- (Rupees ________ only) (hereinafter referred to as "the said Loan")
on the terms and conditions as set out under the Loan Agreement dated ____
(herein after referred to as "the said Loan Agreement" subject to compliance of
various formalities including but not limited to pledging of gold as security in the form
and manner as stipulated by the Bank in relation to the said loan.
And whereas the I/We had pledged the gold and thereafter a Gold Pledge
Receipt/Certificate was issued by the Bank for pledging gold in favor of the Bank.
-- And whereas the I/We were issued a Gold Pledge Receipt bearing No. ________
for Rs. ________ by Bank on ________ and the said receipt has been
misplaced/lost by me/us and the same is not traceable.
That I/We am/are the bonafied owner of the aforementioned Gold and I/We have not
handed over/parted the said Gold Pledge Receipt in anyway to any person.
NOW THIS DEED WITNESSETH AS UNDER:
1) I/We hereby agrees to indemnify and keep indemnified and hold harmless the
Bank, its employees and agents ("the Indemnified") from and against any and
all monetary harm, loss, injury, claim, risk, costs, expenses, damages,
liquidated damages caused to and/or suffered and/or sustained and/or caused
to be suffered/sustained by the indemnified on account of the Bank agreeing
to hand over original gold to me/us.
2) I/We make this Undertaking cum Indemnity, solemnly, sincerely and
consciously, knowing the same to be true and knowing that on the strength of
the said declaration, IDFC First Bank Limited has given and/or agreed to give
the banking and financial facilities.
3) I/we further hereby declare, state and conform that whatever stated above is
true and correct to the best of my/our knowledge and belief and the same is
declared on oath.
IN WITNESS WHEREOF this deed of undertaking has been executed on the day,
month and year first hereinabove written.

__________
Borrower
Witness:
1)

2)
Notary