To execute proper documents for each type of facility as detailed in the sanction and registration of charges with appropriate authorities wherever necessary, within the stipulated time, before disbursement/release of the sanctioned facilities.
To keep security fully insured against fire and such other risks as may be required by the Bank and to submit the respective insurance policies to the Bank.
To allow Bank to carry out inspection of the charged securities at periodical intervals and to bear the inspection charges and other identical charges incurred by the Bank in connection therewith.