Scribd Logo
Upload

Welcome to Scribd!

  • 174 views

    Customer SI Debit Authorisation Form

    Uploaded by

    Deepak Chinu
    This document is a customer debit authorization form for an HDFC Bank loan. It requests that the bank set up a standing instruction to debit the customer's bank account each month for the loan EMI payment. The key details provided are the loan amount, tenor, start and end dates of the EMI payments, the customer's bank account number, and that the customer will maintain sufficient balance to cover the monthly payments. It also states that failure to make payments through this standing instruction will be considered a loan default.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Customer SI Debit Authorisation Form

    Uploaded by

    Deepak Chinu
    174 views1 page
    This document is a customer debit authorization form for an HDFC Bank loan. It requests that the bank set up a standing instruction to debit the customer's bank account each month for the loan EMI payment. The key details provided are the loan amount, tenor, start and end dates of the EMI payments, the customer's bank account number, and that the customer will maintain sufficient balance to cover the monthly payments. It also states that failure to make payments through this standing instruction will be considered a loan default.

    Original Description:

    Si mandate

    Original Title

    SI Mandate (1)

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document is a customer debit authorization form for an HDFC Bank loan. It requests that the bank set up a standing instruction to debit the customer's bank account each month for the loan EMI payment. The key details provided are the loan amount, tenor, start and end dates of the EMI payments, the customer's bank account number, and that the customer will maintain sufficient balance to cover the monthly payments. It also states that failure to make payments through this standing instruction will be considered a loan default.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    174 views1 page

    Customer SI Debit Authorisation Form

    Uploaded by

    Deepak Chinu
    This document is a customer debit authorization form for an HDFC Bank loan. It requests that the bank set up a standing instruction to debit the customer's bank account each month for the loan EMI payment. The key details provided are the loan amount, tenor, start and end dates of the EMI payments, the customer's bank account number, and that the customer will maintain sufficient balance to cover the monthly payments. It also states that failure to make payments through this standing instruction will be considered a loan default.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 1

    Customer SI Debit Authorisation form

    To Date:
    The Branch Manager,
    HDFC Bank,

    __________________

    __________________

    Dear Sir / Madam,

    I have taken a ______________ loan from HDFC Bank and would like to avail of the Standing Instruction
    facility offered by your bank to make EMI repayments of my loan.

    ØThe loan amount is Rs. _________ for a tenor of _______ months and EMI of Rs._________

    Start Date (First Emi Debit Date) ___________ , End Date (Last Emi Debit Date) ____________

    ØI request you to accept this mandate to debit my account number

    with your ________________________ branch for the EMI amount towards the _____________
    dues on my loan. These debits will be raised by HDFC Bank on ____________ of every __________
    until the last Emi Debit date.

    ØI undertake to maintain sufficient balance to cover the above Emi amount (and charges if any) on the
    above due date and I understand that the failure to repay my loan amount through this standing instruction
    shall be treated as a default in repayment of dues and all charges / penalties / levies as covered by the
    agreement will hold good towards the non-payment of obligations.

    ØPlease treat this as an irrevocable communication as an authorisation to debit my account every month
    with the required EMIs towards the repayment of my loan.

    ØIn the event of the above account getting closed/transferred for any reason, you are required to
    intimate the Bank the new account opened with the bank for ______________ debit of the EMI amount
    as per the agreement. Further, I/WE undertake the responsibility to provide the fresh set of Mandate
    and 'security PDC's for such new account, (one cheque for every six months) / as per terms of the
    agreement in lieu of existing instructions.

    Thanking you,

    Yours truly,
    (Signature of account holder) (Name of the account Holder)
    ------------------------------------------------------------------------------------------------------------------------
    Verified
     Customer Account Number & Signature
     Due Date’s & Frequency
     Emi Amount & Tenure
    (Seal and Signature of HDFC Bank Official)

    You might also like