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  • Deeds & Drafts / Declaration-for-advances-to-Joint-Account-Holders

Deeds & Drafts

 

 

Mandate Letter. Declaration for advances to Joint Account Holders

 

 

To,                                                                            Date :                               

Bank Name,

                 Branch.

 

 

Sir,

 

 

Re :   Current / Saving Bank Account No.                                

In the name (s), of                             

 

        I / We have given my / our authority to Mr. / Mrs. / Miss                                                      to draw and sign cheques on    my / our Current / Saving Bank Account with you whether the same is in credit or otherwise; and to endorse cheques, drafts, bills of exchange, hundies, dividend warrants and interest coupons payable to me / us and to accept bills of exchange or hundies drawn upon me / us and I / we hereby acknowledge and hold myself / ourselves liable thereon. In the same way as if signed by my self / ourselves.

 

        You may treat this authority is continuing until I / we give you notice to the contrary in writing.

 

Yours faithfully,

 

 

Mr. / Mrs. / Miss                                                                                 

will sign as                                                                                        

WITNESS                                                                                          

                                                                                                       

( signature and address )

 

 

 

 

 

 

NOMINATION (Nomination Form)

 

Nomination under Sec. 45ZA of the Banking Regulation Act, 1949 and rule 2(1) of the Banking Companies (Nomination) Rules, 1985 in respect of Bank Deposit.

 

I / We                                                                                               

(Name & Address)

nominate the following person to whom in the event of my/our/minor’s death the amount of the deposit in the account, particulars whereof given below, may be returned by Bank of _______, _________________          Branch.

 

Nature of Deposits

Distinguishing No.

Additional details, if any

Name of Address of Nominee

 

 

 

 

 

Relationship with Depositor, if any

Age

If nominee is minor,

Date of Birth

 

 

 

 

 

As the nominee is a minor on this date I/We appoint ___________                                               to receive the amount of the deposit in the account on behalf of the nominee in the event of my/our/minor’s death the minority of the nominee.

 

 

Place :

 

Date  :

 

 

 

 

Signature(s) thump impression of Depositor(s)

 

 

 

 

 

 

 

 

 

Signature of witness(es)

 

Where deposit is made in the of a minor, the nomination should be signed by a person lawfully entitled to act on behalf of the minor.

 

Strike out if nominee is not a minor

Thumb impression(s) shall be attested by two witnesses.

 

 

ACKNOWLEDGEMENT

 

Received on                         nomination form no. DA-1 for making nomination

from                                           in respect of                                        

                (Name of Deposit Holder/s)                             (Name of the Account)

 

 

Deposit Account No.                    

Date :                                       

 

 

 

For BANK NAME ________

 

 

 

Authorised Signatory

 

             

 

 

 

 

 

 


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