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Institutional Membership Form
Institutional Membership Form
The Chairman
Executive Committee/Governing Council
Indian Institute of Banking & Finance
Mumbai.
Sir/Madam.
Our Bank/Institution hereby apply for election as an Institutional Member of Indian Institute of Banking & Finance (IIBF) to enable our employees
to enroll as its members and appear for the Examinations and to avail of the other services provided by the IIBF. We hereby agree, if elected, to be
bound by the Memorandum and Articles of Association of the Institute. We are aware that, if our Bank/Institution is elected as Institutional
Member, we shall be liable, in the event of the Institute being wound up, to contribute toward its liabilities a sum not exceeding Re.1/-.
To enable you to consider our Bank’s/Institution’s application, we give below the relevant particulars about our Bank/Institution and also undertake
to furnish such other information as may be required for consideration of our application for being elected as an Institutional Member of Indian
Institute of Banking & Finance.
10) DECLARATION: We hereby declare that all the information given in this application is true, complete & correct to the best of our
knowledge. We understand that in the event of any information being found false or incorrect, our membership is liable to be
cancelled/terminated.
3) The Annual subscription renewal shall be payable in advance on the first day of April every year (the due date).
5) Institutional Members consist of banking establishments both in the nationalized as well as private sector including the Reserve Bank of India,
State Bank of India, other financial institutions, both Central and State, Co-operative Banks and any other institutions as may be approved by
the Council.
6) The Institutional Members which do not pay membership subscription consecutively for two years would be removed from the list of the
Institutional Members after giving them due notice.
7) An Institutional Member desirous of retiring from the Institute shall give notice in writing of its desire in that behalf and shall not be entitled
to give such notice unless its subscription has been paid for the year in which the notice of its retirement is received. Therefore, an Institutional
Member will not be allowed to resign until such time it pays up the subscription till the date of receipt of its resignation.