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Annexure 11 SEWA

The document is a partnership letter from Kissan Sewa Kendra, requesting to open a current account with ICICI Bank. It outlines the authority of the partners to operate the account, the modes of operation, and the responsibilities regarding the management of debit/ATM cards and passwords. The partners also agree to abide by the bank's terms and conditions and to inform the bank of any changes in the partnership structure.

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0% found this document useful (0 votes)
56 views3 pages

Annexure 11 SEWA

The document is a partnership letter from Kissan Sewa Kendra, requesting to open a current account with ICICI Bank. It outlines the authority of the partners to operate the account, the modes of operation, and the responsibilities regarding the management of debit/ATM cards and passwords. The partners also agree to abide by the bank's terms and conditions and to inform the bank of any changes in the partnership structure.

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Cine PRime
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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KISSAN SEWA KENDRA

KHASRA NO 27/29 VERKA TO BATALA ROAD KHATA NO 1029/1719 NEAR NRC FACTORY VERKA
AMRITSAR PUNJAB 143001 Partnership letter (On firm’s letterhead)
Date:

Bar Code: ________________

(1) We, the undersigned, are collectively carrying on business in the name and style
of …………………………………………………. (“Firm”), a partnership Firm, constituted under the
Indian Partnership Act and are desirous of opening the current account with ICICI Bank Limited
(“ICICI Bank”). We hereby confirm that we, the undersigned, are the only partners of the said Firm
and have full and unrestricted authority to sign on behalf of and to bind the Firm. We confirm that
we have furnished the final/latest partnership deed to ICICI Bank for opening the current account.
We undertake hereby to furnish any additional documents that ICICI Bank may stipulate from time
to time.

(2) We declare that the partnership is registered/ unregistered.

(3) The persons named in Table A are authorised to sign, execute and deliver necessary Application
Forms, deeds, documents and other writings as may be necessary or required thereof and do all
acts and deeds as may be required by ICICI Bank in connection with opening, activating and
operating the Account (including changing the mode of operation of the Account).

Table A
Authorised Signatory for Mode of Operation
opening of Account (SEVERALLY/JOINTLY
/Any other (pls specify) Limits, if any

(4) The ‘Authorised Partners’ named in Table B shall be authorised to operate the Account through the
mode of Corporate Internet Banking, Email Banking, Debit Card, ATM Card offered by ICICI Bank
for operation of the Account from time to time, Phone Banking (including by giving instructions for
effecting fund transfer and/ or causing a debit balance in firm’s account(s).

Table B
(a) Corporate Internet Banking (CIB)
Names of the Limit (Rs.) To be Approved by:
Official
(User)
From To
KISSAN SEWA KENDRA
KHASRA NO 27/29 VERKA TO BATALA ROAD KHATA NO 1029/1719 NEAR NRC FACTORY VERKA
AMRITSAR PUNJAB 143001
(b) Phone Banking, Email Banking
S.No Name of the Official (User) Specimen Signature

(c) ATM Card, Debit Card


S.No Name of the Official (User) Specimen Signature

(d) For viewing / accessing the Account Information (no transaction rights)

S.No Name of the Official (User) Specimen Signature

However, any of the Authorised Partners (for the operations of Account) are severally authorised
to collect the applications and other documents from the Authorised Partners mentioned in Table
B and submit the same to ICICI Bank and collect the Login id and Password(s) (for transactions
through Corporate Internet Banking), phone Banking password, Debit Cards/ ATM Cards and
password, as the case may be, from ICICI Bank and deliver the same to the respective Authorised
Partners.

The firm acknowledges and agrees that inadequate protection of the Debit/ATM Card(s) or any
disclosure of the confidentiality of the Password is entirely at the firm’s risk, and all transactions
conducted with use of the Password shall be to the sole liability of the Firm. It shall be the firm’s
responsibility to distribute the Debit/ATM Cards and the Password to its authorised users, and to
maintain record of such authorised users without any reference to ICICI Bank.

(5) We, the undersigned, hereby authorise the Bank to debit the account of the Firm with all
cheques / instructions / instruments drawn by authorised partners from time to time and accept
and credit to the Accounts all moneys deposited with (or) owing by ICICI Bank on any account or
accounts at any time, kept or to be kept in the name of the Firm. All documents, promissory notes,
cheques/ instruction/ instruments etc. signed, executed, drawn by the authorised partners in the
name of the Firm on the said Account shall be binding on the Firm. The ICICI Bank is further
authorised to accept all valid and legal instructions from the Authorised Partners in respect of Firm's
Account/s as per the mode of operation. The Firm does agree to indemnify and hold ICICI Bank
harmless on account of ICICI Bank executing such instructions by the above authorised partners
/signatories in the manner provided.
KISSAN SEWA KENDRA
KHASRA NO 27/29 VERKA TO BATALA ROAD KHATA NO 1029/1719 NEAR NRC FACTORY VERKA AMRITSAR PUNJAB
143001 (6) We hereby further agree to avail (select relevant option if applicable) (i) Cash Management
Services; and/or (ii) Trade Finance Online Services from ICICI Bank as per mode of operation
specified in the request letter for the respective service.

(7) We, the undersigned partners undertake to advise you in writing of any change that may take
place in the constitution of the Firm and shall be liable for all such obligations, liabilities and all acts
of the partners purporting to be done on behalf of the Firm till ICICI Bank acknowledges such change
in constitution of the Firm in writing.

(8) We, the undersigned partners, have read and understood and agree to abide by the terms and
conditions for the Account contained in the Application Form and the ‘Terms And Conditions’
displayed on the ICICI Bank website (www.icicibank.com) ("Website") governing Corporate Internet
banking, Debit Cards, phone banking, Business Banking Inquiry Cards, Trade Finance Online
Services, Cash management services(CMS) & all other services applicable for the Account or any
other terms and conditions as may be modified from time to time and posted on ICICI Bank Website
and / or notified by ICICI Bank from time to time in connection with the Account.

Yours faithfully,

Fill the name of each Partner Shareholding Signature (To be signed here by all
in Block Letters of each Partner the Partners)
(in %)

*In case shareholding mentioned in the Partnership deed, no need to mention the same again.

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