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Partnership Firm Declaration

Dated:
1. We, the undersigned hereby declare that we are the partners of the firm carrying out
business in the name of __________________________________________________________
2. We request you, YES BANK Ltd, ________________ branch to close a Current Account for the
said partnership firm.
3. We declare that all partners will be liable to you;
a. Jointly and severally
b. On any obligations which may be outstanding in the firm’s name in your books
and until such obligations shall have been liquidated. We hereby undertake that in
case of any change in constitution of the Firm we shall give notice in writing to
the Bank of any such change in the constitution or dissolution, supported by
necessary documentation.
4. The following persons are hereby authorized to singly/jointly (select whichever is
applicable while taking a final print) operate and close the Current Account
Sr. No.

Name of Authorized Person

Designation

Signature

5. That above mentioned applicant be and is hereby authorized, on behalf of Firm, to sign,
execute and deliver in the manner herein contained cheques or orders which may be
drawn or bills accepted or notes made or receipts for monies owing by the Bank to the
Firm duly signed on behalf of the said Firm in respect of the operations of the account
and for all cheques, or other orders, which may be drawn or bills accepted or notes or
negotiable instruments passed on the Firm’s behalf of receipts for money owing by you
to the Firm and to debit such cheques, orders, bills, notes or negotiable instruments to
the Firm’s account with you whether such accounts or accounts be for the time being in
credit or overdrawn or may become overdrawn of such debit without prejudice to the
Bank's right to refuse to allow any overdraft or any increase of overdraft and we shall be
responsible for the repayment of any such overdraft and interest
6. Further we wish to apply to YES BANK Ltd for Retail NetBanking (includes Mobile
Banking), Debit Card and the Authorized persons shall access the account though
Internet/Debit Card for banking operations.
7. The persons authorized* to operate Retail Net Banking facility singly for carrying out
banking operations through Internet namely,
Sr. No. Name of Authorized Person
Designation
Mobile Number
NA
NA
NA
NA
 The person authorized should be authorized signatory from point 4 above.

shall be as prescribed/ permitted by the Bank from time to time. if any. The extent of and the manner in which the facilities can be availed by way of Internet including the ability to transfer and the availability of information relating to the transactions and the balances in the Bank Accounts and the limits thereof. The extent of and the manner in which the facilities can be availed by way of Debit Card including the ability to transfer and/ or withdrawal (including cash withdrawals). That the persons authorized to operate the Bank accounts opened with Yes Bank Ltd. and the availability of information relating to the transactions and the balances in the Bank Account and the limits thereof. 10. agrees and confirms that the onus of keeping the User ID and Password for usage of Net Banking / Mobile Banking / Debit Card. We have read. ______________________________________ 3. including the charges and the conditions thereof. 9. as mentioned above are hereby authorized to singly operate and access the Bank Account to carry out banking operations through Internet. namely. In cases where a firm has multiple accounts under same cust id. and any signatories which is common to all these accounts. confidential and limited to the persons authorized by the Firm is entirely of the Firm. That the Bank is hereby authorized to mail / courier the User ID and Password to attention of the above mentioned authorized persons. the Bank account opened with Yes Bank Ltd. including the charges and the conditions thereof. Name of Authorized Signatory NA Designation NA are hereby authorized to singly operate and access the Bank Account and to carry out banking operations through Debit Card at ATMs/ POS / any other channel which can be accessed through Debit Card . That the persons mentioned below be authorized to operate through Debit Card. understood and agree to abide and be bound by all the provisions of the terms & conditions applicable to such an account and services related thereto and shall always be bound by and abide by them and their amendments from time to time. Name: 1.. at the address of the Firm recorded with the Bank and that the Firm acknowledges. ______________________________________ 2. ______________________________________ Signature (With Stamp of the firm) ______________________ ______________________ ______________________ ______________________ ______________________ . shall be as may be prescribed/ permitted by the Bank from time to time. then he will be able to view / transact in all these accounts through NetBanking 8. ______________________________________ 5. 11. ______________________________________ 4.