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26. Notification on Changes in Employment (1) For PF-i for Civil Sector: The customer must immediately inform the Bank of the following adjustments in the shopper s service: (a) the client s resignation or retirement from the service with the federal government of Malaysia ( Government ); (b) the shopper s termination from the service with the federal government; or (c) the client s switch to another Government s department; (d) the client s resignation or switch into a brand new company; (e) if there is any disruption in the month-to-month auto wage deduction for any purpose in any respect. 6 For PF-i for Civil Sector: Within the occasion of shoppers opted to maintain the identical month-to-month cost when BR is adjusted upward or downward, the final cost will varies (improve or decrese) of which any excess quantity towards the traditional payment amount, it should be paid by buyer (by way of wage deduction) OR the bank will refund to buyer if the final fee is decrease than the conventional month-to-month payment, as to offset any differential sum as a result of occasion of modifications to BR. Monthly Payments and the duration for cost of the Bank s Selling Price might vary based on the changes of BR and subsequently the Effective Profit Rate set out in Clause eight every now and then and incidental prices charged, offered that the Bank s Selling Price shall remain unchanged.


Monthly Payments amount and Monthly Due Date will be notified to the customer in a fashion which shall be determined by the Bank upon disbursement of the facility. Remaining Unearned Profit Early Settlement Charges (if any) as determined and notified by the Bank. 20. Rebate (Ibra ) (a) The Bank shall grant rebate ( Ibra ) on any amount payable by the shopper in respect of any fee due underneath the ability in any of the next situations: (i) any early settlement or early redemption by the shopper together with prepayment; (ii) any settlement of the power due to any financing restructuring exercise by the customer; (iii) any settlement by the client upon incidence of the Event of Default; and (iv) any settlement by the client within the event of termination or cancellation of the facility before the expiry of the power period. 11 29. Affirmative Covenant Throughout the Tenure of the facility, the client will: (a) punctually pay, discharge or in any other case satisfy at or earlier than maturity or before they grow to be delinquent, because the case may be, the month-to-month cost of the Bank s Selling Price and all of his/her indebtedness and different obligations of whatever nature; (b) perform any and all of his/her obligations under the power; (c) take all steps as could also be needed to make sure that there is no materials antagonistic impact on his/her monetary place; (d) furnish to the Bank all info moderately required by the Bank in relation to the client; and (e) notify the Bank of the incidence of an Event of Default or any occasion of default in relation to any of the shopper s other indebtedness.


30. Event of Default The complete quantity of the Bank s Selling Price and all monies outstanding beneath the facility along with compensation thereon (if any) and all different monies relating thereto will change into immediately due and payable by the customer upon the prevalence of any of the following occasions: (a) the client defaults in the month-to-month fee(s) of the Dubai Islamic Bank Personal loan without salary transfer s Selling Price or in the payment of any money payable to the Bank after the identical shall have change into due, whether formally demanded or not; (b) the client defaults under another materials provision underneath these phrases and conditions which is not able to remedy or which, being able to remedy, just isn't remedied inside fourteen (14) days after being required to do so by the Bank; (c) any illustration, guarantee or situation made or implied by the client is incorrect or misleading in any material respect; (d) any other event or collection of occasions whether or not associated or not has or have occurred which in the opinion of the Bank (which opinion shall be last and binding) might or might materially or adversely affect or Dubai Islamic Bank Personal loan without salary transfer prejudice the shopper s skill or willingness to adjust to all or any of the shopper s obligations beneath the power; (e) the customer commits any act of bankruptcy or becomes bankrupt or dies or becomes insane; (f) any of the fabric documents given to the Bank is or turns into for any purpose in any respect invalid or unenforceable; (g) if the Bank considers, based mostly on passable evidence, that the ability or Customer s place in relation to the cost of the power to be in jeopardy; (h) the Applicants commits or dedicated an act of fraud or misconduct; or (i) all or any part of the power is utilised for any non-halal items or Which bank gives loan for low salary in UAE? services.


10 (d) all consents, authorisations and approvals which are required or advisable to be obtained in reference to the acceptance, delivery, legality or enforceability of those terms and situations and the usage of the power have been obtained and are in full force and impact; (e) no law, regulation, order or decree of any governmental authority, agency or courtroom to which the client is topic is or may be breached, contravened or deemed defaulted due to the client s acceptance and supply of the Commodity Trading Approval Letter with these phrases and circumstances nor the client s fulfilment of those terms and conditions.; (f) the client is not in default beneath any agreement to which the client is a social gathering or by which the customer may be bound and no litigation, arbitration or administrative proceedings are presently, current or pending or threatened in opposition to the customer; (g) all info furnished by the client to the Bank in connection with the facility are true and correct and there has been no omission, which might render the knowledge inaccurate or deceptive; and (h) the shopper shouldn't be a bankrupt and there are not any bankruptcy proceedings presently pending or threatened towards the client. 28. Conditions Precedent The facility shall be made out there for the client s utilization upon the fulfilment of the following conditions precedent: (a) the shopper shall have passed the Bank s inner credit score evaluation and clearance to the Bank s satisfaction; (b) all documents which are required beneath these terms and conditions and/or such different paperwork as could also be required by the Bank and/or its solicitors for or in connection with the power having been provided and/or executed by the client and, the place applicable, duly stamped and registered at such registries as the Bank might deem essential or expedient (c) the shopper having paid all fees or charges payable or agreed to be paid by the client to the Bank for or in reference to the facility; (d) Customer is required to open a deposit account and execute a standing instruction authorizing the Bank to debit Customer s deposit account in the direction of the payment of the Monthly Payments and another cost due under or pursuant to the facility (for noncorporate package deal).