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Friday, October 18, 2013

HUF MANDATE LEETER

Annexure III
Date:  __________________

To,
Bank Name.
_____________________ Branch.

Letter  of  Mandate for HUF


As our HUF firm wishes to open account with your Bank in the name of ______________________________________, we declare that the first signatory to this letter i.e. ________________________ is the karta/Manager of the joint family and other signatories are the adult co-parceners of the said HUF.


Please treat this as a mandate from us to: -

Collect/ Credit Cheques/remittances/Warrants/ Refund orders/ECS/RTGS/NEFT /instruments issued in favour of _____________________, being the karta in the account in the HUF A/c No______________________ of  _________________________ HUF 

We hereby undertake to indemnify the Bank in case of any loss/claims/damages/penalty/charges etc suffered by the Bank, on account of our aforesaid instruction/mandate.



Name of the Karta: ________________________________ Signature: ________________________

Name
        Signature
    Name of Minor
          Date of Birth
1.

1.

2.

2.

3.

3.

4.

4.



 (Minor, if any, has to be represented by Natural Guardian and sign accordingly).





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