- Customer authorizes ADCB to debit his / her CASA account for AED105 towards deferment charges
- The deferment will extend customer’s facility by 1 month
- The confirmation received from customer through SMS will be considered legally binding consent to defer the facility
- Bank has the right to terminate/amend the terms and conditions at any time without notice to the customer
- DEFI pertains to the installment deferment request of Islamic Personal Finance account for the deferment month as mentioned in the Customer’s confirmation SMS
- BREAK pertains to the installment deferment request of Small Business Finance account for the deferment month as mentioned in the Customer’s confirmation SMS
- Deferment Application will be processed only if Customer request received before the EMI date