1) I hereby give my mandate to credit the interest on the fixed deposit and maturity amount of the deposit placed by me directly to my Bank Account through the National Automated Clearing House (NACH)/ National Electronic Clearing Service (NECS)/ National Electronic Funds Transfer (NEFT)/ Real Time Gross Settlement (RTGS).

2) I hereby give my mandate to credit the interest on the fixed deposit and maturity amount of the deposit placed by me directly to my Bank Account through the National Automated Clearing House (NACH)/ National Electronic Clearing Service (NECS)/ National Electronic Funds Transfer (NEFT)/ Real Time Gross Settlement (RTGS).

3) I/We the applicant/s hereby solemnly declare that I/We have not acquired the funds, being deposited with you, by borrowing or accepting Deposits from other persons. I/We have read the terms and conditions of the Company’s Unsecured Fixed Deposit Scheme and agree to abide by them. Please acknowledge and send me/us the Fixed Deposit Receipt on realization of NEFT/RTGS payment. I/We declare that I am the sole/first named Depositor and am the beneficial owner of this Deposit and as such should be treated as the payee for the purpose of deduction of tax under Section 194(A) of the Income Tax Act, 1961.