Sole Prop Letter

Sole Proprietorship Letter for Channel Services (Corporate Internet
Banking /Corporate Care Services / Debit Card)

(Required to be submitted if Transaction access is requested. If the user is other than the proprietor then,power of
attorney issued in favor of the user in the bank format, to be submitted. )
In case Debit card is requested, clauses 6,7,8,9, also need to be included).
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Place: __________
Date: ___________
The Branch Manager,
ICICI Bank Limited,
__________ Branch
Dear Sir,
Name of the firm: _________________________________________
a) I, (Name of the Sole Proprietor) having CUSTID and/or Account with ICICI Bank at
. Branch agree to avail the Corporate Internet Banking and Corporate Care Services ,Debit
card/ ATM card (choose whichever is applicable) , and accepts such terms, regulations, conditions,
stipulations laid down by ICICI Bank for the purpose.
b) I ______________, (Sole Proprietor of the firm), am authorized to convey to ICICI Bank Group
acceptance on behalf of the firm of the terms and conditions contained in the application form and on the
Website www.icicibank.com and agree to such changes and modifications in the said terms and
conditions as may be suggested by ICICI Bank Group, nominate, substitute, revoke and vary mandate
etc. from time to time and to execute such deeds, documents and other writings as may be necessary of
required for this purpose.
c) I have read and understood the terms and conditions and are hereby approved and accepted and I am
hereby authorized to accept such modifications therein as may be suggested by ICICI Bank Group.
d) I ______________, (Sole Proprietor of the firm) am authorized to operate on behalf of the firm
through Corporate Internet Banking service and Corporate Care Services service (choose whichever
is applicable), on the firms accounts including by causing a debit balance in companys account(s) with
ICICI Bank and/or continually operate the account(s) even when overdrawn, as per the access
specifications authorized in the Corporate Internet Banking form & Corporate Care Services form.
e) I agree that ICICI Bank be and is hereby authorized to accept all valid and legal instructions through
the Corporate Internet Banking service and through the Corporate Care Services service (choose
whichever is applicable), singly from me in respect of firms account/s. The firm does agree to hold
ICICI Bank harmless and their interest protected on account of it executing such instructions by me in
the manner provided.
( CLAUSE 6,7,8 AND 9 TO BE ADDED ONLY IF APPLIED FOR DEBIT CARD)

f) I shall apply to ICICI Bank for the facility of Debit/ATM Card for purposes of the transactions to be
made by the sole proprietorship with respect to the Account, and to singly operate the Account with the
Debit/ATM Card; and do all such acts, deeds and things necessary, and to execute all such documents as
are necessary, in connection therewith, and to operate the said proposed account in the name of the firm,
using the aforesaid facilities, and to accept and adhere to all the terms and conditions as are necessary
and comply with all other formalities as prescribed by ICICI Bank in this regard.
g) The Debit/ATM Card issued to the sole proprietor shall have a Password allotted to it by ICICI
Bank. The limit on withdrawals per Debit/ATM Card per day will be as specified by ICICI Bank from
time to time.
h) I hereby authorizes ICICI Bank to mail/ courier the Debit/ATM Card to my attention and the
Password for the Debit/ATM card, to the address as registered with the Bank.
i) I acknowledge and agree that inadequate protection of the Debit/ATM Card or any disclosure of the
confidentiality of the Password is entirely at my risk, and all transactions conducted with use of the
Password shall be to my sole liability and I shall not hold ICICI Bank liable for any unauthorized or
fraudulent transactions done with the Debit/ATM Card allotted to me.
This authority shall continue to be in force until I revoke it by a notice in writing delivered to you.
Dated this ________________ day of ________________ 20 ________.
Signature:
Name(s)
Signature in Individual Capacity & as Sole Proprietor

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Sole Prop Letter

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Sole Prop Letter

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Sole Proprietorship Letter for Channel Services (Corporate Internet

Banking /Corporate Care Services / Debit Card)

( CLAUSE 6,7,8 AND 9 TO BE ADDED ONLY IF APPLIED FOR DEBIT CARD)

Signature in Individual Capacity & as Sole Proprietor

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