Hindu Undivided Family Letter Super User 4.5

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Hindu Undivided Family Letter for Corporate Internet Banking and/or Corporate Care Services

(If the user is different from the HUF Karta, then the POA format to be used as per the format
attached.)
(Please include clauses 12, 13, & 14 only if HUF requests for Super User Access)

==============================

To
Place: __________
The Branch Manager, Date: ___________
ICICI Bank Limited,
(Branch)

Dear Sir,

Declaration by HUF Members

We, the undersigned, declare that we are the members of Hindu Undivided Family under the name and
style of M/s CUST ID and/or Account Number_____________ with
ICICI Bank Limited at Branch (“the Bank”) and further declare as under:

1. We are the only members of Hindu Undivided Family named M/s.


______________________________ ("the HUF").

2. That a _________________ in the name of the HUF be opened with the Bank at
____________(name of the branch) and that Mr.________________________________________
is the Karta/Manager of the HUF and is authorized to open and operate singly the account in the
name of the HUF through the Corporate Internet Banking Service & Corporate Care Services
(choose whichever is applicable) of the Bank.

3. We, (Name of the HUF) having CUSTID ………… with the Bank at ………. Branch agree to avail
the 'Corporate Internet Banking' service & Corporate Care Services service, ‘Super User Access’
(choose whichever is applicable) the HUF accepts such terms, regulations, conditions, stipulations
laid down by the Bank for the purpose.

4. We hereby declare and confirm that Mr.________________________ , (Karta/Manager), is


authorized to convey to the Bank acceptance on behalf of HUF of the terms and conditions
contained in the application form and on the website www.icicibank.com (“the Website”) and agree
to such changes and modifications in the said terms and conditions as may be suggested by the
Bank, 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.

5. We have read and understood the terms and conditions and are hereby approved and accepted and
we are hereby authorized to accept such modifications therein as may be suggested by the Bank.

6. Mr. ______________, (Karta/Manager) is authorized to operate on behalf of the HUF through


'Corporate Internet Banking' service & ‘Corporate Care Services’ service on the HUF’s accounts
including by causing a debit balance in HUF’s account(s) with the 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.

7. We agree that the Bank be and is hereby authorized to accept all valid and legal instructions through
the 'Corporate Internet Banking' service & ‘Corporate Care Services’ service singly from Mr.
(Karta/Manager) in respect of the HUF account/s. The HUF does agree to hold the Bank harmless
and their interest protected on account of it executing such instructions by Mr.
___________________(Karta/Manager) in the manner provided.

8. We declare and confirm that all transaction entered into with the Bank and obligations and
liabilities entered or incurred by all or any one or more of us on behalf of the HUF for the account/s
on such terms and conditions as govern the __________________ and/or in accordance with the
terms governing any facilities provided by ICICI Bank, and such terms and conditions shall be
binding on each member of the HUF, present and future, personally and on the estate of each of us.
We further declare that all claims due to the Bank from the HUF shall be recoverable personally
from all or any of us and also from the entire properties of the HUF.

9. That the aforesaid Karta/Manager is authorized to sign on behalf of the HUF and has full and
unrestricted authority to bind all the members of the HUF however constituted form time to time.

10. That the aforesaid Karta/Manager is authorized to avail the financial, monetary and any other
products and services offered by the Bank through the Website & through Corporate Care Services
service (choose whichever is applicable) on behalf of the HUF, 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 account in the name of the HUF, using the aforesaid facilities, and to accept and
adhere to all the terms and conditions as are necessary and to comply with all other formalities as
may be prescribed by the Bank in this regard.

11. Further, that the aforesaid Karta /Manager be and is hereby authorized to receive the login id and
passwords as may be sent by the Bank, for entering into transactions on the Website and through
the phone banking medium and is authorized to convey to the Bank acceptance on behalf of the
HUF for any transactions as well as enter into transactions on behalf of the HUF on the Website and
through the phone banking medium.
(Clause 12, 13, & 14 to be added only if applied for Super User Access)

12. Names of the authorized officials allowed to operate the Super User Access on behalf of the HUF
through the ‘Corporate Internet Banking’ (“CIB”) are as under:

Particulars User 1 User 2 User 3 User 4


Name
User Id
E-mail
Phone No
Name of Approver (1)
[required for workflow
only]
Name of Approver (2)
[required for workflow
only]
13. Further, under the Facility the above mentioned authorized officials be and are hereby
jointly/severally authorized to add and/or delete such User IDs which are already mapped to the
Cust ID in the CIB system, restrict access to accounts that are linked to different users having User
IDs, to delete user/s mapped to the Cust ID and/or User ID, set transaction limits for User IDs and
to define and/or pre-set access login time to various User IDs.

14. And that the HUF hereby acknowledges and agrees to hold the Bank harmless in respect of any
claims/losses, damage, proceedings etc. on account of the Bank acting on the instructions of the
authorized officials/instructions given or acts done under the Facility by the Super User or any
authorized official.

We undertake to inform you any change in the constitution of the HUF by any reason including due
to any addition of members or on account death of any members of the HUF.

Yours faithfully,

FULL NAME (In Block Letters) Signature

Note:
To be signed by all members including female members. Name should be given on left hand side with
details like s/o, d/o w/o with address where the address is different from the HUF address. Minor name
(and date of Birth) to be mentioned like ‘A’ (minor) through ‘B’ the natural guardian.’
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