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Instalment based School fees collections enablement via. ACH Mandate service provider M/S
Bharosepe Technology Services Private Limited (“Jodo”)
Dear Sir/Madam
We, Indira Priyadarshini School registered under Holy Cross Educational Society a Society
incorporated under the Indian Societies & Trust Registration Act- 1960, CIN: ------------------, having its
registered office at 7th Main, 9th Cross Rd, 3rd Phase, J. P. Nagar, Bengaluru, Karnataka 560078
(“Institution”) hereby agree and certify that we have a business arrangement with BHAROSEPE
TECHNOLOGY SERVICES PRIVATE LIMITED (“Jodo”), a company incorporated under the
Indian Companies Act -2013 having its registered office at ECS 30-31 3RD MAIN ROAD
RAMANJANEYA NAGAR BANGALORE KARNATAKA 560061, and wherein we have subscribed to
products and services offered by M/S DIGIOTECH SOLUTIONS PRIVATE LIMITED (“Intermediary”)
for the below mentioned activities
As part of this arrangement, for auto-debit of EMIs and collection of the same into our collections
account number (details of which is furnished below), we are authorising BHAROSEPE TECHNOLOGY
SERVICES PRIVATE LIMITED (“Jodo”) and M/S DIGIOTECH SOLUTIONS PRIVATE LIMITED, a
company incorporated under the Indian Companies Act-2013 CIN: U72900KA2016PTC092338, having
its registered office at C-1603, Oak Block, Salarpuria Greenage Apartments, Bommanahalli, Bangalore
560068 (“Intermediary”) to perform the below activities
We further hereby undertake and agree to defend, indemnify and hold the Intermediary and keep its
officers, directors, employees and representatives harmless from and against all actions, proceedings,
claims, liabilities (including statutory liabilities), penalties, demands and costs (including without
limitation, reasonable legal costs), awards, damages, losses and/or expenses however arising out of or
resulting from or relating from:
(i) disputes arising between the company and the customer for Mandate and ACH debits
collected
(ii) use of mandates and ACH debits for the sole purpose for which is explicitly agreed upon
with the customer and for which the consent / authorization is obtained
(iii) any money collected using ACH Mandate Service Provider Nodal account and
transferred to Lender’s bank account (as furnished by the Lender and added as a
beneficiary in Intermediary’s systems) shall be as per Applicable Laws of India,
including but not limited to Prevention of Money Laundering Act 2002, The Reserve
Bank India Nodal Account guidelines, Payments and Settlement Systems Act 2007
Sincerely,
(Authorised Signatory)
Date:
Place: