APPLICATION FOR INDUSNET FACILITY FOR

COMPANIES/TRUSTS/CO-OPERATIVE SOCIETIES/ASSOCIATION OF
PERSONS/CLUBS/PARTNERSHIPS/LIMITED LIABILITY
PARTNERSHIPS

Details of Firm/Authorised Signatory

Name of
Firm/Entity:

Cust ID:

Authorised
Signatory:

Authorised Signatory Email ID:

We refer to the current account opened by us bearing No. _________________ ("said account") at
_________ branch of IndusInd Bank Ltd.

Pursuant to and in partial modification of the authority given by way of Resolution of the Board
Of Directors/Trustees/Managing Committee to operate the said account, in order to facilitate
the operation of the said account, we hereby request IndusInd Bank to allow M/S. ___________
(entity name),to operate the said account through “IndusNet” the bank’s Netbanking facility by
using the customer /user ID and the IndusNet Login password, on the terms and conditions
detailed hereunder which have been read and understood by us. We acknowledge that the
same are in addition to and not in derogation of the terms and conditions relating to the said
account and “IndusNet” facility.

1. M/s. _______________ (Entity name) will be solely entitled to receive the customer/user
id and the IndusNet Login password to access the IndusNet facility and to acknowledge
the same.
2. The customer/user id and the IndusNet Login password shall be kept totally secret and
confidential by the authorized signatory whosoever is using it.
3. All transactions carried on in the said account through use of the IndusNet facility shall
be binding on the Company/Trust/Co-operative Society/Association of person/Club/
PARTNERSHIPS/LIMITED LIABILITY PARTNERSHIPS and IndusInd Bank shall at all times
be kept saved and harmless from all actions, claims, demands, proceedings, losses,
damages, costs, charges and expenses whatsoever which IndusInd Bank may at any time
incur, suffer or sustain or to be put to as a consequence of or by reason of or arising out
of transactions carried out through the IndusNet facility.
4. IndusInd Bank shall at all times be informed of any changes in the operating instructions
for IndusNet facility by furnishing necessary documents and writings and in such event
to change the IndusNet password forthwith.
 5. IndusInd Bank shall not be responsible and liable to monitor the nature of expenses
incurred by the use of the said IndusNet facility.
6. All the provisions of the Foreign Exchange Management Act, 1999 and the Rules made
thereunder and the regulations of the Reserve Bank of India relating to foreign
exchange, in force from time to time shall be complied with by us.

Declaration

We have read the Terms and Conditions relating to IndusNet facility as mentioned above as
well as mentioned on the IndusInd Bank website (www.indusind.com) . We accept and agree to
be bound by the said Terms and Conditions. We agree that the Bank may debit the said account
for service charges as applicable from time to time. We request for

Transaction Rights Viewing Rights

(Default Transaction Limit: Rs. 10 lakhs of NEFT/RTGS/Funds Transfer self & Third Party/Bill
Payment/Online shopping/VISA Credit Card Bill payment per day using OTP)

SIGNATURE

Signed at ________________________ (Place)

By _____________________________ (Authorised Signatory) of _________________________ (Name)

(TO BE COMPLETED BY BRANCH STAFF)

___________________________________________________________________________________
I hereby confirm that the above application was signed by the applicant in my/our presence.

Date: (White Boxes) (White Boxes)

(White Boxes) (White Boxes)

Employee Code: (White Boxes) (White Boxes)

(White Boxes) (White Boxes)

Name: (White Boxes) (White Boxes)

(White Boxes) (White Boxes)

Signature & Seal:

 CSE MCSOP / Branch
Head

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF
DIRECTORS / BOARD OF TRUSTEES / MANAGING COMMITTEE OF THE COMPANY / TRUST /
____________________________________________ _______________________ CO-OPERATIVE SOCIETY,
ASSOCIATION OF PERSONS / _________________________ CLUB HELD ON
____________________(day)_________________________ (date) AT ______________________________
(Place).

The Chairman explained the Board / Board of Trustees / Committee the benefits of availing IndusNet
facility provided by IndusInd Bank Limited in respect of the Current Account of the Company / Trust /
Society / Association of Persons / Club bearing no. ____________________________ with its branch at
_________________________. The Board / Board of Trustees / Committee after discussion decided to
apply for the IndusNet facility and passed the following Resolution:

“RESOLVED THAT the consent of the Board / Board of Trustees / Committee be and is hereby given
for availing the IndusNet facility in respect of a Current Account No. _______________________ of the
Company / Trust / Society / Association of Persons / Club maintained with IndusInd Bank Limited at
its ______________________________branch.”

“RESOLVED FURTHER THAT Mr/Ms.. ____________________________________ ,

_____________________________ is hereby authorised to apply to IndusInd Bank Limited to operate the
aforesaid account through IndusNet.”

Authorised Signatory (Sign with Stamp)

i. ii.

iii. iv.
Certified Copy of Resolution For Internet Banking Services

Revised July 2009

1 of 2

To: Indusind Bank Limited (“Bank”)

CERTIFIED COPY OF RESOLUTION BY A LIMITED LIABILITY PARTNERSHIP FOR

INTERNET BANKING SERVICES

The following resolutions were passed and have been duly recorded in the minute book of

___________________________________________________________________ (hereinafter

referred to as the "Limited Liability Partnership" or “LLP”) at a meeting of the partners of the
LLP held at ______________________________________________on the __________ day of

_______________.

“RESOLVED THAT:

Internet Banking Services

1. That the LLP do apply to Indusind Bank Limited (hereinafter referred to as the “Bank") for
the use the Bank's internet banking services in such manner and as indicated in the duly
completed copies of the Bank’s Business Internet Banking – Application Form and Business

Internet Banking – Transaction Approval Mandate Customisation Application Form, copies of

which are annexed hereto and contents of which are noted and hereby approved (each a
“Form”, and collectively the “Forms”) (such services hereinafter referred to as the “Internet
Banking Services”).

2. That *any/both of the following persons be authorised on behalf of the LLP to complete, sign
and submit the Forms to the Bank and to notify the Bank in such other form or forms as the
Bank may prescribe, at any time and from time to time, of any change of any mandate,
authorisation or information contained in any Form or other form(s) previously submitted to
the Bank in respect of the Internet Banking Services, including but not limited to, the scope or
type of Internet Banking Services and the names, designations, specimen signatures, of the
persons who are to be authorised as Authorised Users to operate the Internet Banking Services
by signing and submitting the form or forms in respect of such changes to the Bank :

__________________________________________________________________________

Name Designation Signature

__________________________________________________________________________

Name Designation Signature

Bank's Terms and Conditions of Internet Banking Services

3. That the Bank's Terms and Conditions of Internet Banking Services, a copy of which has been
furnished to us, and any subsequent amendments, variations and additions as the Bank may in
its absolute discretion and without notice may make from time to time, be and are hereby
approved, and that the LLP agrees to, and be bound by the said Terms and Conditions of
Internet

Banking Services.

Authorised Users

4a. That (subject to any subsequent changes in accordance with resolution 2 above) the
following persons be and are hereby authorised to use, access and operate on behalf of the LLP
the Internet Banking Services, in such manner and as indicated in the Form(s).

__________________________________________________________________________

Name Designation Signature

Certified Copy of Resolution For Internet Banking Services

Revised July 2009

2 of 2

__________________________________________________________________________

Name Designation Signature

__________________________________________________________________________

Name Designation Signature

__________________________________________________________________________

Name Designation Signature

4b.That the Bank be, and hereby is, authorised to rely on and act, and to honour any instruction
given by any and all Authorised Users identified in accordance to any form(s) submitted
pursuant to resolution 2 above, with the same force and effect as if such authority was given, or
such Authorised Users were named, in the foregoing Resolutions.

Limited Liability Partnership Agreement

5. That the Bank be furnished with a certified copy of the LLP’s Limited Liability Partnership
agreement and with copies of any amending resolutions that may from time to time be passed.
Amendment

6. That these Resolutions be communicated to the Bank and remain in force until an amending
resolution is passed by the partners of the LLP and a certified copy thereof has been furnished
to the Bank and that until such copy of amending resolution is received by the Bank the Bank
shall be indemnified and saved harmless from any loss suffered or liabilities incurred by it
(including legal costs on a full indemnity basis) in continuing to act in pursuance of these
Resolutions.

I/We HEREBY CERTIFY that the foregoing Resolutions have been duly passed and entered in
the minute book of the LLP and signed therein by the Chairman of the Meeting of the partners
and are in accordance with the Limited Liability Partnership Agreement or the Limited Liability
Partnership Act (as the case may be)

Dated this ________ day of _______________

Signed By:

____________

Chairman

_____________ __________________________

Manager of LLP Limited Liability Partnership Stamp

* Delete whichever is non-applicable.