I agree that,
State Bank of Travancore is offering a facility called SBT HLS ( SBT Home Listing Services
to its customers and the public at large with an objective of providing an enhanced option
to search various housing projects offered by reputed builders so as to enable them to
choose a suitable one as they may deem fit.
- SBT HLS shall be a facility available for all of the bank's approved Projects.
- The facility so provided by the bank in uploading the features of the project as aforesaid are only for enhancing a search option for an intending applicant for a home loan . I/we also understand that any change in the status of the approvals/permit/legal compliance and other statutory requirements subsequent to the said uploading, which is not made available to the bank is not uploaded in the site.
- The disclosures about the project given by the Bank in SBT HLS shall be those given by
he builder tot he bank. I /we also understands that in doing so the bank shall not be
required to ascertain whether there has been any change in the status of approvals,
legal compliances etc. pertaining to the project from time to time. I/we also understand
and agree that It shall be the responsibility of the builder to notify the bank any change in
status pertaining to the above and seeking cure thereof from appropriate authority. On
being so notified the bank shall take a decision as it deems fit on whether to continue to keep
said project under SBT HLS or not. It is also understood by me /us that the image uploaded
may be in variance with the actual constructed unit in any project and materials uploaded
may be regarded only as a tool for enhancing the virtual appeal and an added convenience
for such search.
- The bank reserve the right to amend the terms and conditions of SBT HLS from time to
time. The amendment shall take effect when the bank post it in its website.
- The Bank also hereby clarifies that this does not tantamount to the bank approving a home loan solely on the strength of the intending buyer applying for the same through the above online mode.
I/we shall not make any claim or counter claim against the bank for any loss suffered by
me on the basis of the information/ images uploaded in the site
- If I pay the builder an advance amount for the apartment/Villa for which I have applied /am
applying online through SBT HLS and either myself decides at a later stage not to pursue with the purchase or if the application does not materialise due to non sanction by the bank it will be the responsibility of the builder and myself to settle the matter between ourselves either by refund of the amount or otherwise to me.The Bank assumes no liability in ensuring for the refund by the builder.
In case of dispute arising out of non-conformity with the above the bank shall not be a party
to such disputes.