Mandatory Form For HUF Accounts

Company Name(s): 

MANDATE FOR HUF ACCOUNTS

From
To
The Branch Manager,
Indian Overseas Bank,
Branch.
Dear Sir,

We are maintaining SB/CA No. in the style of (HUF) with your branch. We hereby authorize you to collect the cheques in favour of the Kartha in the account of HUF and vice versa. We will indemnify the bank from any loss or claim that may arise because of such credit.
Thanking you,
Yours faithfully,
For
Kartha.
Place:
Date:
Copy to: The Chief Manager,
Indian Overseas Bank,
Depository Services Branch
Chennai : This has reference to Demat A/c.No. of opened in the
personal name of Kartha as per NSDL guidelines.