Partnership Letter for availing Corporate Internet Banking - Transaction Access

To'The Branch Manager,IDBI Bank Limited,

Branch

We, the undersigned partners of the firm (name) M/s

located at (address

hereinafter referred to as 'the firm' have a current account under Customer Id

A/c No. with IDBI Bank Ltd. Branch.

And, whereas the firm has requested the bank to extend the Corporate Internet Bankingfacility being offered by the bank to its customers for accessing and executing bankingtransaction through the internet.

And, whereas the firm has authorised and nominated:

(s)

to avail the facility for accessing and executing banking transaction on behalf of the firm, onthe firms accounts, including by causing a debit balance in the firm's accoun(s) with IDBIBank Ltd and/or continually operate the accoun(s) even when overdrawn, as per the accessspecifications authorized in the Corporate Internet Banking application form.

We tbe undersigned (all partners of the firm), are jointly authorized to. convey to IDBI BankLtd. acceptance on behaliof the firm, of the terms and conditions contiined in the applicationform and on the website www.idbibank.com pertaining to use of the Corporate Internet

Banking services and agree to such changes and modifications in the said terms and

conditions as may be suggested by IDBI Bank Ltd., nominate, substitute, revoke and vary

mandate etc. from time to time and to execute such deeds, documents and other writings as

nray be necessary or required for this purpose.

IDBI Bank be and hereby authorized to accept all valid and legal instructions through the

Corporate Internet banking service from the above nominated signatories in respect of firm's

account/s as per the mandate given in the Corporate Net Banking application fo1m. The firm

does agree to hold IDBI Bank harmless and their interestlrotected on account of it executingsuch instructions by the above signatories in the manner provided.

( l )

(3)

(2)

(4)

(6)

We the partners of the firm hereby jointly and severally

(a) Agree and undertake the onus to inform the bank of any changes in the constitution of

the firm.(b) And, agree and undertake the onus to inform the bank of any instance of insanity,- '

insolvency, death of a partner or in case of any dispute amongst the partners for

which the operations of ihe account requires to be stopped, through a lettel addressed

to IDBI Bank Ltd. Branch and understand that the bank will stop

the transactions thro@-I6ffirporate Internet Banking facility only once the letter is

received by the Bank.

Further, the nominated partners(s) or any other person nominated by the P"ttrytj-b: and are

hereby authorised to receive the iogin id and passwords, as may be sent by IDBI Bank, for

entering into transactions on Corporate Internet Banking and are authorized severally to

.onu"y-to IDBI Bank acceptance on behalf of the firm of any transactions as well as to enter

into transactions on behalf of the firm on Corporate Intemet Banking.

Dated this day of 20-'

Yours Faithfully,

For M/s

Name of ALL Partners in Block Letters Sign4lure

I

2.

aJ .

4.

6.