IBKL/CNBF/080613

Application Form for Corporate Internet Banking

(Companies / Firms / Trusts / Co-operative Societies / Clubs)
DETAILS OF CORPORATE / PARTNERSHIP FIRM / ENTITY
Name of Corporate/ Firm/ Entity :

Cust ID :
Preferred Corporate ID/ (Please indicate the corporate id you wish to use.
: Allotment is subject to availability)
Existing Corp ID

Constitution : Partnership Private Ltd. Public Ltd. Others (Please specify)____________________________________

DECLARATION
We maintain an account with the Bank in the names as indicated above. We have read and understood the Bank's terms and conditions in relation to the Internet banking
facility (copy of which was provided to us) and agree to abide by them and amendments thereto from time to time at the sole discretion of the bank. We hereby request
you to grant us Internet banking facility subject to the Bank's terms and conditions for Internet Banking facility to be operated by us (as per list of users below) in terms of
the Internet banking mandate stated below. We hereby authorize the bank to recover to the debit of the subject account; interest, charges and costs in relation to Internet
banking facility as and when due and not reimbursed by us to the Bank separately.
We request you to provide Access rights, to the users as per the terms of the Internet banking mandate stated below. We enclose herewith a copy of the resolution/
partnership consent letter passed in a duly convened meeting of our Board of Director/ Partners in terms of which this application is made.
All transactions carried out on the said account/s through the use of the Net Banking facility shall be binding on the Corporate/Entity and IDBI Bank Ltd. shall at all times
be kept saved and harmless from all actions/claims/demands/proceedings/losses/damages and costs whatsoever as a consequence of, or by reason of, or arising out of
transactions carried out through the Internet banking facility.

USER ACCESS RIGHTS

(VIEW ONLY ACCESS RIGHTS)
(Partnership Letter/ Board Resolution not required for View only access. Please tick any one appropriate option for each designated user)
Preferred Login ID/ Email ID Restricted View View All
Designated User Existing Login ID Mobile Number (Please provide Official Email ID or (only accounts related) (accounts, limits,
Personal Email ID only if the above is not present) trade, demat etc.)

OR
OR
OR
OR
OR
(Note – An annexure to be attached in the above format if users are more than 5)
OR
(VIEW AND TRANSACTION ENABLED ACCESS RIGHTS)
(Board resolution required as per specified format)
Corporates are strongly recommended to opt for Maker and Checker Authorisation matrix for any Financial Fund Transfer activity. The complete details of
authorisation / mandate are provided vide Board Resolution Extract/Partnership Consent Letter dated: DD - MM - YYYY, and the copy of the same is being furnished
along with this form. (Mandate for single user operation/without maker-checker will require special delegation in the Board Resolution/ Partnership Consent Letter)
Email ID
Designated User Preferred Login ID Mobile Number (Please provide Official Email ID or
Personal Email ID only if the above is not present)

(Note – An annexure to be attached in the above format if users are more than 9)
(It is mandatory to provide the complete details in each of the column heading above)
Note: 1. The form shall be rejected if incomplete details are furnished.
2. Copy of Partnership Deed / Trust Deed / Bye-laws along with copies Entity Registration
Certificate/Board Resolution (as applicable) to be mandatorily furnished along with this Seal of the corporate/partnership/entity
application form.
3. In case of change in mobile number new number should be provided immediately for (Each page to be marked with full signature of authorized signatory)
updation in bank records
1
 TYPE OF VIEW / TRANSACTION RIGHTS
Restricted Account Access (Optional)
Restrict Account Access Rights only to: (Please provide account numbers for which access rights are to be provided to user. Do not opt for this option,
if access to all accounts under corporate customer ID is to be provided to the user.)
A/C No. 1________________________________ A/C No. 2 _______________________________ A/C No. 3_____________________________

Transactions Access Profile (Please tick any one option)

A. Restrict transaction rights to make online tax payments and other statutory payments only.
(DGFT/ CBEC/ CBDT/ CENTRAL & STATE LEVEL TAXES, E-COMM TRANSACTION (SHOPPING MALL) ETC.)
Subject to a daily Corporate Transaction Limit of ` __________________/- (Rupees__________________________________________________________)
(Maker/Checker facility available for CBEC/CBDT Tax payments, the same is not available for DGFT payments.)
Funds Transfer to open Fixed Deposit in the name of entity, if opted for hereunder. (Less than `2 crore per day) or
daily Corporate Transaction Limit of `________________/- (Rupees)
OR
B. FULL TRANSACTION RIGHTS [Includes following types of transactions rights to users]
(I) Funds Transfer to own and third party accounts within the Bank (ii) Bulk Uploads for Salary disbursement etc.
(iii) Funds Transfer to other Bank accounts (NEFT/ RTGS) + Bill Payments + Online Taxes & Statutory Payments + E-Comm Transaction (Shopping Mall)
Funds Transfer to open Fixed Deposit in the name of entity, (Less than `2 crore per day) if opted for hereunder.

Daily Corporate Transaction Limit for full transaction access rights (Please tick any one options viz., Default Limits or Modified Limits)
Default Limits (Total Daily Corporate Transaction Limit (A+B+C)=`1 crore)
Default corporate limits to apply (as mentioned below) for transaction types A+B+C
(A) Funds Transfer within the Bank: `50/- lakhs (per day) (B) Salary Uploads/Multiple Credit Uploads: `25/- lakhs (per day)
(C) Funds Transfer to other Bank (NEFT/ RTGS)+Bill Payments+Tax & Statutory Payments: `25/- lakhs (per day).
(D) Fixed Deposit Account Opening Facility in addition to above Default limits (Less than `2 crore per day).
OR
Modified Limit
We do not wish to avail of the default daily corporate transaction limits and hereby request for the modified limits as mandated below.

Transaction Types (If left blank respective type of the limit will be treated as zero, for default limits pls specify DFL) Daily Corporate Transaction Limit
(Per Day)
(A) Funds Transfer to Accounts within IDBI Bank(includes own and third party accounts) `____________________________/-

(B) Salary Upload/Multiple Credit Uploads `____________________________/-

(C) Funds Transfer to another Bank (NEFT/ RTGS) + Bill Payments + Online Tax & Statutory Payments,
`____________________________/-
E-Comm Transaction etc.
Total Daily Corporate Transaction Limit = [A+B+C] `____________________________/-

(D) Fixed Deposit Account Opening Facility in addition to modified limits (Less than `2 crore per day) `____________________________/-
Transaction limit will be modified as per request/mandate. Maker/Checker facility available for CBEC/CBDT Tax Payments.
The transaction limit modification instructions are furnished vide our Board Resolution/ Partnership Consent letter dated: DD - MM - YYYY.
Total Revised Daily Corporate Net Banking transaction limit is Rupees ___________________________________________________________________ (in words).
Please Note:
1) Daily corporate transaction limit modification shall be applicable to all operative accounts linked to the Corporate Customer ID for all Internet Banking transactions. 2) User limits will be
restricted to/by the daily corporate transaction limit. 3) Corporate/User transaction limits are renewed on a daily basis. 4) If you are a Cash Management Services (CMS) customer please fill up
Cashweb Application Form (CAF).

CMS (please fill up Cashweb Application Form) Bulk NEFT / RTGS Upload facility (please fill up CAF & Bulk Txn. upload form)
FOR AND ON BEHALF OF COMPANY/ PARTNERSHIP/ ENTITY
(To be signed by all partners in case of Partnership/Board Authorized signatories in case of Corporates)
Name of the Authorized Signatory/ Partner Designation Stamp & Signature

(Note – An annexure to be attached in the above format if users are more than 3)
FOR BANK USE ONLY
Branch Use

Branch Name & SOL ID SOL ID

Cust ID/Account no/Details verified by SOM/BH

Name_____________________________________________________ Sign, EIN & EC ____________________
Limit modification approved & verified by
Branch Head (Pls. affix Stamp/Seal) Name_____________________________________________________ Sign, EIN & EC ____________________

CPU Use Form Recd on : / / FVTM 2 enabled on : / /

Date Net Banking password generated

Special Limits Assigned by:

CLMT
Name: _______________________________________________Sign: ____________________
Auth Matrix
Checked/Verified by: _________________________________
Note: The form may be rejected if incomplete details are furnished. Alterations on form / application if any should be attested by customer & branch official
2
 TERMS & CONDITIONS FOR CORPORATE INTERNET BANKING FACILITY
(all pages to be signed)
A) General
This document states the Terms and Conditions subject to which IDBI Bank Limited (the Bank) may offer at its sole discretion, Internet banking facility, as an Add on Facility
to its Customer. By requesting for the Internet Banking facility in pursuance hereof, the Customer so requesting accepts and agrees to abide by these Terms and Conditions.
These Terms and Conditions shall a) prevail over any previously made proposals, representations, understandings and agreements, express or implied, either oral or in
writing and b) apply in addition to the Bank's General Terms and Conditions for Deposit Accounts and any other of the Bank's Terms and Conditions otherwise applicable.
However in case of conflict, these Terms and Conditions for Internet Banking Facility shall prevail as regards transactions under Internet Banking facility.
The Bank shall have an absolute right to amend or supplement these Terms and Conditions at any time (at the sole discretion and without there being a need to assign any
reason therefore) and the Customer and the User shall abide by such amended or supplemented Terms and Conditions all the time. The Bank's offer of Internet Banking
facility is on the assumption that the applicant requesting for such facility understands that the internet is per se susceptible to frauds, misuse, hacking, virus and other actions
which could affect the Internet Banking facility, services and transactions thereunder leading to situations of possible loss, which the Bank does not warrant any safety for and
for which the applicant has made his own independent assessment.
In relation to these Terms and Conditions:
• all references to singular shall include plural and masculine gender shall include feminine gender;
• the clause headings are only for convenience and do not affect the meaning of the relative clause; and
• any provision hereof is held to be illegal, void or unenforceable by any court of competent jurisdiction, such provision shall be deemed to be deleted here from and
the remaining Terms and Conditions shall continue in force and effect.
B) Services under Internet Banking facility
The Bank shall endeavour to provide through Internet Banking facility, services such as balance enquiry, details of transactions, statement of account, account transactions
(in the deposit as well as credit facility accounts) of any nature including but without limited to funds transfer, Opening of Fixed Deposit (Funds Transfer to open Fixed
Deposit in the name of entity), payment of bills, discounting/retirement of bills, opening of letters of credit/ guarantees, accepting request for issue of cheque-books, and
other services as the Bank may decide from time to time.
The Bank shall have sole discretion to provide or discontinue to provide any or all of the services under Internet Banking facility without any prior notice. However, the Bank
shall endeavour to advise to the Customer such non-availability or discontinuance of a service under Internet Banking through email, its web page, by written
communication or through customer notice displayed in the Bank.
The Bank, while shall make best effort, does not assure that the information provided through Internet Banking facility to database availability and connectivity link required
to keep the same online.
As a part of Internet Banking facility, the Bank may provide reports or data prepared by other agencies, without accepting any responsibility as to their contents and
correctness nor the Bank shall be responsible for any consequences or losses arising out of the use of such reports or data. The Customer should restrict the use of such reports
or data to himself and not pass on the same or any part thereof to any third party without the Bank's prior written consent.
C) Availing of Internet Banking facility
A Customer may request the Bank for the grant of Internet Banking facility by submitting an application for Internet Banking facility prescribed hereunder. The Bank shall
have the sole discretion to grant or not the Internet Banking facility without any assigning any reason for the Bank's decision in this regard.
The Customer while requesting for Internet Banking facility, should designate individual(s) as User(s) for operating the Internet banking facility by way of submitting to the
Bank, Internet Banking Facility Mandate.
Internet Banking Facility Mandate shall include a) the scope and level of authority of each User(s) and b) the manner of exercise of such authority for each of the service under
Internet Banking facility
Upon the Bank's agreeing to the Customer's request for Internet Banking facility, the Bank shall:
• inform the Customer the User ID (i.e. Identification Code) allotted to each of the Users
• inform each of the User(s) individually, the Password (i.e. a code word allotted by the Bank to enable the User operate Internet Banking facility on a User ID)
The Customer should forthwith inform the Bank in case of his desire to make amendments to the authority(ies) granted to the User(s) in terms of the Internet Banking Facility
Mandate, which shall include adding/ removing a User or changing the level of authority or manner of exercising the authority for operating the Account using Internet
Banking facility. The change in this regard shall take effect only upon the Bank's communicating the Customer in writing of having noted the change and the Customer shall
continue to be responsible for the transactions made in terms of the earlier Internet Banking Facility Mandate until such change is given effect to in the Bank's records and
computer systems.
D) Access to Internet Banking facility
The Bank shall assign to a User, a User ID and the Password at the beginning in the first instance. The User is required to (and must, in his and Customer's safety) change the
Password assigned by the Bank on accessing the Internet Banking facility for the first time. As a further safety measure, the User shall change the password as frequently
thereafter as possible. As an additional safety measure, the User may be forced to change the Password(s) whenever the Bank considers appropriate.
In addition to User ID and Password the Bank may, at its discretion, advise the User to adopt such other means of authentication including but not limited to digital
certification and/or smart cards, as it may consider appropriate.
The Customer and the User shall not themselves (or permit others to) attempt to access information or do an activity or employ means other than the those specifically
authorized by the Bank under Internet Banking facility.
The change of the User, User ID or Password or change in the Internet Banking Facility Mandate shall not be construed as the commencement of a new contract.
E) Care as regards the Password
The Customer and the User must exercise utmost care to ensure that only the User has the access to the Password.
For this purpose, the Customer and the User shall ensure that the User:
• keeps the User-ID and Password confidential to the User and not inform them to any other person
• chooses a Password which shall be at least 6 characters long or any number of characters as Bank may stipulate from
• time to time and may consist of a mix of alphabets, numbers which must not relate to any readily accessible personal data such as the Customer's name, address,
telephone number, driver license etc. or easily guessable combination of letters and numbers
• commits the User-ID and Password to memory and not records them in a written or electronic form
• does not let any unauthorized person to have access to his computer or leave the computer unattended whilst accessing Internet Banking facility.
If the User forgets the Internet Banking User-ID or Password the Customer should request the Bank in writing for change of the Password, where after the Bank shall
communicate new password to the User. However, the Customer shall continue to be responsible for the transactions made using the old Password until a new Password is
given effect to in the Bank's records and computer systems.
F) Authority, Rights and No Obligation of the Bank
In the event of a) The Customer's Internet Banking Facility Mandate observed to be uncertain or ambiguous and/or b) any instruction or request received through Internet
Banking facility being uncertain or ambiguous or on which the Bank requires additional documents/ written authorization, the Bank shall not be bound to act on such
Internet Banking Facility Mandate/instructions/requests, unless the uncertainty or ambiguity is removed by way of Customer's confirmation or unless such additional
documents/written authorization is received, as the case may be. However, in case the Bank acts in such cases the Customer shall agree to abide by and ratify all such actions
of the Bank.
By applying for and availing the Internet Banking facility, the Customer grants express authority to the Bank for carrying out the transactions performed by the User(s) through
Internet Banking in terms of Internet Banking Facility Mandate.
The Bank shall have no obligation to verify the authenticity of a transaction made using the User ID allotted by the Bank as aforesaid other than by means of verification of the

Seal of the corporate/partnership/entity

(Each page to be marked with full signature of authorized signatory)

3
User ID and the Password.
The Bank shall have a right to sub-contract and employ agents to carry out any of its obligations and to transfer or assign its rights and obligations in relation to Internet
Banking facility hereby offered, to any other person.
The Bank shall not be liable for any unauthorized transactions occurring through Internet Banking, which can be attributed to the fraudulent or negligent conduct of the
Customer or the User(s) or by any of their employees, agents or associates.
The Bank shall under no circumstances be liable for any claims for losses or damages whatsoever whether direct, indirect, incidental, consequential and irrespective of
whether any claim is based on loss of revenue, investment, production, goodwill, profit, interruption of business or any other loss of any character or nature whatsoever and
whether sustained by the Customer, the User or any other person.
The Bank shall in not be liable to provide Internet Banking facility and consequently not liable for the losses or consequences if Internet Banking is not available in the desired
manner for reasons including but not limited to natural calamity, floods, fire, lockdown/ pandemic and other natural disasters, legal restraints, faults in the
telecommunication network or internet or network failure, software or hardware error, virus attack on Bank's systems, maintenance of systems or any other reason beyond
the control of the bank
G) Records
The Bank's own records maintained through computer systems or otherwise in relation to Internet Banking (and not the display or printed output produced by the User or the
Customer shall be the final conclusive and binding as regards transactions done via Internet Banking transactions.
H) Undertakings, Liability and Obligations of the Customer & the User
The Customer and the User shall not use or permit to use Internet Banking facility for any illegal activity or purpose or for any purpose or activity other than that allowed
under these Terms and Conditions.
The Customer shall be liable for all transactions effected using the User ID allotted to it under Internet Banking facility and losses and consequences arising out of them,
including but not limited to those due to a) the Customer or User's breach of these Terms and Conditions or contributed, b) loss by negligent actions by the Customer such as
keeping a written or electronic record of Internet Banking User ID and/or Password or disclosing or failing to take all reasonable steps to prevent disclosure of the Internet
Banking User ID or Password to anyone including to the Bank staff and/or failing to advise the Bank of such disclosure within reasonable time or letting the User ID and
password information to fall into unauthorized hands, thereby facilitating unauthorized use of Internet Banking facility or not advising the Bank in a reasonable time about
unauthorized access to or erroneous transactions in the Internet Banking accounts.
I) The obligations herein of the Customer shall devolve as follows:
• In case of a company as an Customer, on its successors and permitted assigns.
• In case of a partnership a Customer, on its partners jointly and severally and on each of their respective heirs, executors, administrators, legal representatives
successors and permitted assigns
• In case of a proprietory firm, on its sole proprietor his heirs, executors, administrators, legal representatives successors and permitted assigns.
• In case of individual(s) being the Customer, on each one severally and on each one's heirs, executors, administrators and legal representatives and permitted assigns.
J) Communications with the Customer's and User
Any communication sent to any of the Customer or the User will be deemed to have been addressed to and received by both the Customer and the User.
Similarly any transaction by a User or a communication will be deemed to be executed and accepted by and will be legally binding on the Customer and the User.
K) Customer and User's Indemnity
The Customer and the User shall indemnify and hold the Bank harmless against any loss suffered by the Bank, its customers or a third party or any claim or action brought by a
third party which in relation to the use of the Internet Banking facility by the Customer or User any of their agents, employees and associates.
The Customer shall be responsible for informing the Bank in case of his desire to discontinue the authority by way of User ID granted by it to the User and shall continue to be
liable for the transactions made using such User ID, until the Bank takes on record the discontinuance of such authority and informs the Customer of having done so.
The indemnities contained herein shall survive termination of Internet Banking facility.
L) Customer's & User's Obligation as regards Software
The Customer and the User acknowledges that the software employed by the Bank for the Internet Banking facility is subject to the ownership rights of the owner and the
permission given by the Bank to access Internet Banking shall not convey any proprietary or ownership rights in favour of the Customer or the User or any third party in
relation to the software.
The Customer or the User shall not attempt to modify, translate, disassemble, decompile or reverse engineer the software underlying Internet Banking or create any
derivative product based on the software.
M) Non-transferability
The Internet Banking facility or any obligations arising out of its use shall not be transferable by the Customer or the User to any others.
N) Termination of Internet Banking facility or any service there under
The Bank shall be at liberty to discontinue the Internet Banking facility without giving any notice to the Customer or the User and without incurring any liability or
responsibility whatsoever by reason of such discontinuance, the Internet Banking facility in the event any of:
• the balance in the Internet Banking Account falling short of the minimum balance as stipulated by the Bank;
• the charges remaining unpaid;
• non-satisfactory conduct of the Account or Internet Banking facility in the sole discretion of the Bank;
• breach of the Customer or the User of any of these Terms and Conditions;
• insolvency of or dispute among the Customer's its Partners/Directors/Users
• lack of legal capacity of the Customer or the User
The Customer may request for the termination of the Internet Banking facility or any service thereunder any time by giving a written notice of at least 30 days to the Bank and
such termination shall have effect only from the date the Bank effects such termination in its records.
The closure of Account shall automatically terminate the Internet Banking facility granted in the Account.
O) Governing Law and Jurisdiction
These Terms and Conditions and the Internet Banking transactions pursuant hereto shall be governed by the laws of India and subject to the exclusive jurisdiction of the
Courts in the city where the Bank's branch where the Account is maintained.
The Bank accepts no liability whatsoever, direct or indirect, for non-compliance with the laws of any country other than India. The mere fact that the Internet Banking facility
can be accessed through Internet by a User in a country other than India shall not be interpreted to imply that the laws of the said country govern these Terms and Conditions
and the Internet Banking transactions.
Q) Online Tax Payment Limits
User with restricted tax payment access rights: The enhanced daily limits shall apply only to online tax payment.
User with full access rights (including NEFT, Bill Payments, CBEC, CBDT taxes and statutory payments): The enhanced daily limits shall, in addition to online payment of
taxes, apply to NEFT transactions, bill payment transactions and other statutory payments.

Seal of the corporate/partnership/entity

(Each page to be marked with full signature of authorized signatory)

4
 Additional Terms & Conditions for availing Bulk National Electronic Fund Transfer (NEFT) / Real Time Gross Settlement (RTGS) facility
The customer shall abide by the following mandatory additional terms and conditions for Bulk NEFT/RTGS facility:
a) The customer may, subject to the terms and conditions prescribed by Bank from time to time and at Bank's sole discretion place request/order/instruction for the
transactions in real time.
b) Each request, order or instruction for any Transaction shall be on a Business Day and during the Business Hours. The customer shall give prior intimation to the
remitting branch for remittance of ` 1 (One) crore and above.
c) All transactions shall be denominated in such currencies as permitted by Bank for dealing through the Service.
d) The customer shall ensure availability of sufficient funds in the account before initiating the payment order. In the event of the Bank executing the payment order
without adequate funds the customer shall be bound to pay forthwith to the Bank the amount debited to his account for which fund transfer through RTGS and NEFT,
was executed by the Bank pursuant to his payment order, together with the charges including interest and with monies payable to the Bank.
e) The transaction should be initiated within the cut-off time as stipulated by the Bank/RBI and if the same is not completed well within the said cut off time, transfer of
funds shall be effected on the next working day.
f) The customer shall initiate the payment order, complete in all respects, through the Bank's Internet Banking facility.
g) The customer shall be solely responsible for the completeness or the accuracy of the particulars given in the payment order issued by him and liable to compensate
the Bank for any expenses or losses arising on account of any error in his payment order. The customer indemnifies the Bank for any such loss.
h) It is the sole responsibility of the customer to ensure the correctness and the genuineness of all the transactions in the message transmitted, especially the amount,
the IFSC code of the recipient / destination bank branch & account number/ name of the beneficiary and to ensure that no illegal transactions are transmitted through
Bank's site.
i) Funds transfer through RTGS or NEFT, shall be initiated only if the destination Branch/originating Branch is participating in RTGS or NEFT.
j) The collecting bank as well as the receiving bank will get valid discharge, if the amount is credited to the correct account number mentioned in the application even
if the name of the beneficiary account holder differs. The Bank does not and shall not assume any duty, liability, obligation or responsibility arising out of or be liable
for any incorrect request or message or for ensuring legality of transactions merely because such transactions are routed through Bank.
k) No intimation of refund or rejection of the remittance by the recipient bank shall be given by the Bank and the customer may check the same with the beneficiary.
l) The customer cannot revoke or rescind the given mandate after the transaction is initiated and submitted to the Bank. The customer shall be bound by any and all
payment orders executed by the Bank, if the same is/are initiated by the customer online through Bank's Internet facility and the payment order shall be treated as
absolute and irrevocable.
m) If the date of payment happens to be a public holiday at the center where the recipient branch is situated, the credit will be passed on to the beneficiary on the next
working day.
n) If any transaction initiated online cannot be settled due to the mistake or fault of the customer, Bank will endeavor to advise the fact of such non-settlement, but the
Bank shall not incur any liability whatsoever to the customer or to any counter party or beneficiary in such an eventuality or circumstance. The customer shall not
hold the remitting bank responsible, if the funds are not credited to the beneficiary's account, for any reason whatsoever nor returned by the recipient bank within
the time limit prescribed by RBI from time to time.
o) The display or printed output that is produced at the time of operation of the Website is a record of the operation of the Internet access and shall not be construed as
record of the transactions. Record of transactions maintained through computer systems of Bank shall be final, conclusive and binding for all purposes. The
customer should verify the statement of account and confirm the correctness of remittances made and shall within a period of two working days from the date of
receipt of the record of transaction, report to the Bank any discrepancy in the execution of the payment order. The customer shall not dispute the correctness of the
execution of the payment order or the amount debited to his account, if he fails to report the discrepancy within the aforesaid period.
p) The customer irrevocably and unconditionally authorizes Bank to debit his account with the applicable service charges.
q) The customer shall be bound by all the extant rules/guidelines/instructions set by RBI for fund transfer through RTGS or NEFT and abide by the same.
r) Bank shall not be liable for delay in payments to the beneficiary if:
i) the customer provides insufficient details of the beneficiary.
ii) there is dislocation of work due to circumstances beyond the control of the Bank / Remitting / Destination Banks including but not limited to force majeure
events and circumstances like disruption of electricity and power, systems failure or connectivity issues or non functioning of computer or computer systems,
disruption of communication, disruption of work due to natural calamities or acts of God, general labour unrest, strike, riots, terrorism etc or Netware or
lockdown/ pendemic or Internet problems or other analogus events or causes beyond the control of the Branch/Bank. Such cases will be settled after the cure
of force majeure event when system functioning would be restored properly.
s) The Customer shall reimburse all the costs, charges and expenses incurred or suffered by the Bank.
t) The Bank upon execution of every payment order, shall debit the designated account of the Customer, for the amount of the funds transferred together with charges
payable thereon.
Above Terms and Conditions accepted:

For: (Name of the Corporate/Partnership Firm/Entity)

Name and Designation of Authorised signatories

(Please affix rubber stamp)

Seal of the corporate/partnership/entity

(Each page to be marked with full signature of authorized signatory)

5
 Specimen of Company Board Resolution (to be obtained on letter head)
To be passed in a duly convened meeting of the Board of Directors of the Company for availing of Internet Banking facility (applicable only in case of Transaction &
Funds Transfer access rights only)
(Note: Corporates are strongly recommended to opt for Maker and Checker Authorisation matrix for any Financial Fund Transfer activity)
‘Extracts of the minutes of the meeting of the Board of Directors of _____________________________________________ held on ___________________ at
____________________________________________________________________________________'

FURTHER RESOLVED that the Company do request for and avail from IDBI Bank Limited (the Bank), Corporate Internet banking facility for the accounts maintained
with the Bank / proposed to be opened with the Bank at their various branches and the Company do accept such terms, regulations, conditions, stipulations laid down by
IDBI Bank Limited from time to time for the purpose.

FURTHER RESOLVED that the following officials be hereby authorized jointly / severally to avail on behalf of the Company, any / all the services offered by the Bank
under the Corporate Internet Banking Facility through its website and do all such acts and deeds necessary, so as to bind the company in relation to such facilities and to
accept, sign, execute, deliver and complete all documentation, agreements and forms as are necessary and accept, abide and adhere to all the terms and conditions
contained in the application form and put on the website http://idbibank.in and agree and abide by such modifications and/or variations in any or all of the terms and
conditions as prescribed by the Bank from time to time and to execute such deeds, documents and other writings as may be necessary or required for the purpose and to
nominate, substitute, revoke and vary mandate etc. from time to time on behalf of the company in order to request for and avail any / all the services offered by the Bank
under Corporate Internet Banking Facility provided by the Bank.
Name Designation

(**Designated officials to provide identity and signature proof like PAN or Passport Copy etc. If they are not authorised signatories for operation of the account)

FURTHER RESOLVED that the following officials be and are hereby authorized to operate the Corporate Internet Banking Facility on behalf of the company, authorizing
to the Company's accounts with IDBI Bank Ltd. and / or continually operate the account and open Fixed Deposit in the name of the Company as per the access
specifications opted for in the Corporate Internet Banking application form of the Bank.

Name of Designated Authorised User Singly (per transaction limit) Jointly

1. ___________________________________________ Upto ` ______________________________ Above ` _____________________________

2. ___________________________________________ Upto ` ______________________________ Above ` _____________________________

(Indicate the mode of operation like jointly / severally / any two of the above upto `. etc.)

*FURTHER RESOLVED that the Company acknowledges and agrees that the mandate given to Mr./Mrs._____________________ to operate on the account singly
through Corporate Net Banking (without maker checker authorization) has been authorized by the Company keeping in view the risks involved and consequences of
such rights through internet banking and that the Company shall keep the Bank absolved, indemnified, harmless and protected from any liabilities whatsoever and
howsoever that may arise out of any misuse or compromise of these rights/passwords by the authorized user holding single operation rights and that all transactions
conducted with use of the passwords shall be at the sole responsibility and risks of the Company and the Company shall not hold the Bank liable under any
circumstances for any unauthorized or fraudulent transactions done with the operation on the account singly through such Corporate Net Banking facilities granted to
the Company (*Clause applicable only in case of Single User Operation without Maker/Checker authorisation).
Resolved further that the above mentioned authorized officials are allowed to transact on the account using the I-Net banking services provided by IDBI Bank Limited
subject to a Total Daily Corporate Transaction limit of `_______________________(Rupees_____________________________________________________) and open
Fixed Deposit in the name of the Company subject to daily limit of `_______________________(Rupees____________________________________________________)
(Less than `2 crore per day).
FURTHER RESOLVED that IDBI Bank Ltd. be and hereby authorized to accept all instructions given or initiated through the Corporate Internet Banking
Facility through the initiator / approver from all or any one of the above signatories in respect of the Company's account and the Company does agree
to hold IDBI Bank Ltd. harmless and indemnified and agrees to keep IDBI Bank's interest protected on account of the Bank executing such instructions
by the above signatories in the manner provided herein above.
FURTHER RESOLVED that Mr. ______________________________________________________ and/or Mr. ______________________________________________ are
hereby authorized to receive the Login ID and Passwords as may be sent by IDBI Bank Ltd. for entering into transactions on the Corporate Internet Banking Facility and
are authorized to convey to IDBI Bank Ltd. acceptance of such passwords on behalf of the company.
FURTHER RESOLVED that this mandate in favour of the “User(s)”, as regards the Corporate Internet Banking facility of the Bank, shall be in addition to any other
mandate as regards operation of our accounts with the Bank and that this resolution shall remain in force until notice in writing of its withdrawal or cancellation, duly
signed by the authorized signatories as mentioned here in above, is given to and accepted by the bank.
Certified that the above is a true copy of the Resolution passed on ____________________________ by the Board of Directors of _________________________________
and that it has been entered in the usual course of business in the minutes book of the company and signed therein by the Chairman of the meeting / Company and is in
accordance with the Memorandum and Articles of Association of the Company

For _____________________________________Limited

Signature: ___________________________
CIN - L65190MH2004GOI148838

Names & Designations of Authorized signatories:

(The Board Resolution to be certified by the Company Secretary or minimum of Seal of the corporate/partnership/entity
2 Authorised Directors).
(Each page to be marked with full signature of authorized signatory)

IDBI Bank Limited, Regd. Office: IDBI Tower, WTC Complex, Cuffe Parade, Mumbai – 400 005.
Toll Free Numbers: 1800-209-4324 / 1800-22-1070, Non-Toll Free Number: 022 - 67719100. Visit us: www.idbibank.in