These Terms and Conditions (“Terms”) govern the submission of property details to RBL Bank Limited (“RBL Bank” or “Bank”) through its Portal (defined hereinbelow) for evaluation of properties for branch, office, ATM (defined hereinbelow), currency chest, processing centre, warehouse, data centre or any other banking purpose.

By submitting any information through the Portal, the Owner confirms its acceptance of these Terms.

1. Definitions

1. “Applicable Law(s)” means all laws, statutes, ordinances, regulations, rules, notifications, circulars, guidelines, directions, orders, judgments, decrees, permits, licences, approvals and other legally binding requirements in force in India, as amended, modified, re-enacted or replaced from time to time.
2. “ATM” means Automated Teller Machine.
3. “Definitive Agreement” means a lease deed, leave and licence agreement or any other final agreement executed between the Bank and the Owner. “HUF” means Hindu Undivided Family recognized under the laws of India, acting through its karta and including its members, successors, legal representatives and permitted assigns, as applicable.
4. “KYC” means Know Your Customer.
5. “LLP” means a Limited Liability Partnership incorporated and existing under the provisions of the Limited Partnership Act, 2008 and includes its successors and permitted assigns.
6. “OTP” means One Time Password.
7. “Owner” means the individual, HUF, company, LLP, Partnership Firm, trust, society or other person/entity submitting Property details and includes its legal heirs, successors and authorised representatives.
8. “Partnership Firm” means a partnership firm constituted under the provisions of the Indian Partnership Act, 1932, and includes its partners, successors, legal representatives, and permitted assigns, as applicable.
9. “Portal” means the Bank’s property portal, website, webpage or any other authorised submission channel where the Owner can submit its Property details with the Bank.
10. “Property” means the immovable property whose details are submitted by the Owner to the Bank.
11. “Transaction” means any proposal, discussion, evaluation, inspection, negotiation, arrangement, acquisition, lease, licence, engagement, agreement or other dealing contemplated by the Bank in relation to the Property.

2. Purpose of Submission

1. The submission of Property details is solely for enabling the Bank to evaluate the suitability of the Property.
2. Submission, discussions, inspections, shortlisting, correspondence, negotiations, technical evaluation, due diligence, term sheets or letters of intent do not create any right, interest, tenancy, licence, obligation or commitment in favour of the Owner.
3. A Transaction shall arise only upon execution of a Definitive Agreement in a form satisfactory to the Bank and completion of applicable legal formalities by the Owner.

3. No Obligation on the Bank

1. The Bank shall have absolute discretion to accept, reject, shortlist, evaluate, inspect, negotiate, suspend or discontinue consideration of any Property at any stage without assigning any reason.
2. The Bank may negotiate simultaneously with multiple property owners and may alter or withdraw its requirements at any time.
3. The Owner shall have no claim against the Bank for rejection, delay, suspension, discontinuation, non-selection or non-execution of any Transaction.

4. Owner Representations and Warranties

1. The Owner represents, warrants and undertakes that:
   1. all information, declarations and documents submitted on the Portal are true, accurate, complete and not misleading;
   2. the Owner possesses valid title, lawful possession and full authority to offer the Property;
   3. all necessary approvals, consents, resolutions, permissions and authorisations from co-owners, lenders, societies, trustees, partners, members or any other interested persons have been obtained or shall be obtained before execution of any Transaction;
   4. the Property is free from undisclosed encumbrances, mortgages, charges, acquisitions, litigation, disputes, third-party rights and restrictions;
   5. all documents submitted on the Portal are genuine, valid and unaltered;
   6. all material facts relating to the Property have been disclosed to the Bank.
2. The Bank shall be entitled to take necessary legal action as it may deem appropriate in the event of any misrepresentation, concealment of material facts or submission of any false, forged, inaccurate or misleading information by the Owner on the Portal.

5. Compliance and Approvals

1. The Owner confirms that the Property complies with all Applicable Laws, including requirements relating to title, land use, zoning, building approvals, occupancy/completion certificates, fire safety, environmental compliance, municipal approvals and commercial use permissions.
2. The Owner shall obtain and provide all approvals, no-objection certificates, resolutions and consents required under Applicable Law or as requested by the Bank from time to time.

6. Due Diligence and Verification

1. The Owner authorises the Bank and its advocates, valuers, consultants, auditors, engineers, surveyors and representatives to:
   1. verify title, ownership and possession;
   2. inspect the Property;
   3. conduct legal, technical, financial and environmental due diligence;
   4. verify documents and records from governmental, regulatory and other sources; and
   5. undertake photography, videography, measurements and surveys of the Property.
2. Such verification or inspection shall not constitute approval or acceptance of the Property and shall not impose any obligation on the Bank towards the Owner.

7. Data Privacy and Electronic Records

1. The Owner consents to the collection, storage, processing and sharing of information submitted by the Owner on the Portal, including personal information, KYC documents, title documents and Property information, for evaluation, due diligence, compliance, fraud prevention, audit, regulatory, legal and operational purposes.
2. The Bank may share such information with its affiliates, advisors, auditors, valuers, consultants, service providers, insurers, regulators and governmental authorities on a need-to-know basis.
3. Electronic records, audit logs, OTP validations, digital acceptances and Portal records maintained by the Bank shall constitute valid records of submission and acceptance by the Owner, subject to Applicable Law.

8. Confidentiality and Intellectual Property

1. The Owner shall keep all non-public information relating to the Bank’s requirements, evaluations, assessments, reports, commercial discussions, negotiations and internal communications confidential and shall not disclose, disseminate or otherwise make such information available to any third party. The Portal, forms, content, software, reports, trademarks and logos remain the exclusive property of the Bank. No licence or rights are granted to the Owner except for the limited purpose of submitting Property documents on the Portal.

9. Anti-Bribery and Brokerage

1. The Owner confirms that no payment, gift, commission, benefit or inducement has been offered to any employee, officer or representative of the Bank in connection with the evaluation process of the Property. Unless specifically agreed by the Bank in writing, the Bank shall not be liable for any brokerage, commission, referral or advisory fee arising from the Property submission.

10. Indemnity

1. The Owner shall irrevocably indemnify, defend and hold harmless the Bank, its affiliates, directors, officers, employees, representatives, agents and advisors from and against any and all losses, liabilities, damages, costs, claims, demands, actions, penalties, proceedings and expenses (including legal and professional fees) arising out of or relating to:
   1. breach of these Terms;
   2. incorrect, misleading or incomplete information;
   3. forged, fabricated or invalid documents;
   4. defective, disputed or misrepresented title;
   5. undisclosed litigation, encumbrances or third-party rights;
   6. failure to obtain required approvals, permissions, consents or authorisations;
   7. breach of Applicable Laws;
   8. property-related statutory, tax, municipal or regulatory liabilities;
   9. third-party claims relating to the Property;
   10. cybersecurity incidents, malware or malicious code uploaded through the Portal; and
   11. any act, omission, fraud, negligence or misconduct of the Owner.

11. Limitation of Liability

1. The Bank shall have no liability to the Owner in connection with the submission, evaluation, selection, or non-selection process or otherwise and shall not be responsible for any direct, indirect, incidental, special, consequential, exemplary or punitive loss or damage arising out of or in connection therewith, including any loss of profits, business opportunity, goodwill, anticipated savings, revenue or business interruption. Further, the Bank shall not be liable for any downtime, technical failure, system interruption, loss of data, unauthorised access, or any other disruption affecting the Portal or the Owner's use thereof.

12. General

1. The Bank reserves the right to amend these Terms and to modify, suspend, withdraw or discontinue the Portal, in whole or in part, at any time and at its sole discretion.
2. These Terms shall be governed by and construed in accordance with the laws of India and the competent courts at Mumbai shall have exclusive jurisdiction over any dispute, claim or matter arising out of or in connection with these Terms.
3. The provisions relating to confidentiality, indemnity, limitation of liability, dispute resolution, data privacy and intellectual property shall survive termination, withdrawal or rejection of the submission by the Owner on the Portal.

OWNER DECLARATION AND CONSENT