Sibernet

Internet Banking Application Form (For Corporate Customers)

To
The Branch Manger,
The South Indian Bank Ltd., Branch .........................................................................
We wish to register our Company/Corporation/Firm/Trust/Society/Association for availing of the Bank’s Customer Services –
“Sibernet-Corporate”. *
Our Company/Corporation/Firm/Trust/Society/Association has already been registered for availing of the Bank’s Customer
Services – “Sibernet Corporate” * (* Strike off whichever is inapplicable)
We request you to register the below named officials/employees as authorised USERS for and on behalf of the Company/Corpo-
ration/Firm/Trust/Society/Association for viewing/operating all its account(s) and avail various corporate Customer services
offered by your Bank from time to time.
We affirm, confirm, declare and undertake that we have read and understood the document containing “Terms and Conditions”
governing your Bank’s Customer Service (Internet Banking Service) and we accept the same.
Name of the Company/Corporation/Firm/ :
Trust/Society/Association :
Address of the Company/Firm :
Users To Whom Sibernet Corporate Services To Be Granted:
(These are the authorized signatories who are permitted by the Company Board Resolution/Joint letter by Partners, To View/
Submit All Financial/No Financial Requests on All the Accounts Belonging to the Corporate/ Corporation/Firm/ Trust/Society/
Association)
Furnished in Annexure-1 (attached)
List of Customer-IDs / Account Numbers to be linked (All accounts under a customer-id will be automatically enabled for
Internet Banking Operations):

Customer-Id Account User/s Authorised To Operate the (Office Use)

Branch
Number Account (Mention combination, if any).* RM Signature

More details Furnished in Annexure -1 (attached)

Limits for Fund transfer required for the users and the initiating and approving limits and the number of approvals required is also
furnished in Annexure -1 (attached)
We request that the following aggregate limits may be set for Requests and the online fund transfer for the Corporate:

Service Daily Limit Weekly Monthly Yearly Default Limits (lacs)

required
Trn. Trn. Trn. Trn. D W M Y
Number Amount Amount Amount
Online Fund transfer 1.00 5.00 20.00 100.00
- Self
Online Fund 0.50 3.00 10.00 50.00
transfer-third party
DD requests 0.50 3.00 10.00 50.00
Entry level limits for x x x Full Full Full Full
self, third party and
DD requests
Dealer debit upload Nil Nil Nil Nil
limit
Debit / Credit Nil Nil Nil Nil
Transaction Upload
limit
Salary Upload limit Nil Nil Nil Nil
Vendor Payment Nil Nil Nil Nil
upload limit
 DECLARATION

We affirm, confirm and undertake that We have read and understood the “Terms and Conditions” for usage of the Internet Banking
of The South Indian Bank Ltd. (hereinafter referred to as “SIB”) and We are aware of the nature of services offered by SIB through
Internet Banking and charges applicable, as set forth in SIB’s Website/Internet Banking site and We agree to adhere to all the
terms/conditions of opening/applying/maintaining/operating (as applicable) for usage of Internet Banking of SIB as may be in force
from time to time. We further authorize SIB to debit our Account(s) towards any charges for Internet Banking.
We declare that all the particulars and information given in this application form (and all documents referred or provided therewith)
are true, correct, complete and up-to-date in all respects and we have not withheld any information. We understand that certain
particulars given by us are required by the operational guidelines governing banking companies. We agree and undertake to
provide any further information that SIB may require.
We agree and understand that SIB reserve the right to reject any application or block the Internet Banking facility to any account
or withdraw the Internet Banking service without assigning any reason. We agree and understand that SIB reserve the right to
retain the application forms, and the documents provided therewith, including photographs, and will not return the same to us.
We authorize SIB or their agents to make references and enquiries which SIB or its agents consider necessary in respect of or in
relation to information in this application/further applications. We hereby agree and authorize SIB or their agents to exchange,
share or part with all the information, data or documents relating to my/our application to other Banks/Financial Institutions/Credit
Information Bureaus/Agencies/Statutory Bodies/such other persons SIB or its agents may deem necessary or appropriate as may
be required for use or processing of the said information/data by such person/s or furnishing of the processed information/data/
products thereof to other Banks/Financial Institution/Credit providers/users registered with such persons and shall not hold SIB or
its agents liable for use of this information.
We agree and understand that We have to complete further applications for specific liability products/services from SIB, as
prescribed from time to time, and that such further applications shall be regarded as an integral part of this application (and vice
versa), and that unless otherwise disclosed in such further forms as prescribed, the particulars and information set forth herein as
well as the documents referred or provided herewith are true, complete and up-to-date in all respects. We agree and understand
that such further applications will require incorporation of the application form number, and/or such details as SIB may prescribe,
to facilitate data management.
Note: 1. Authorised Signatory means those person(s) who are authorized to operate the account.
2. A separate resolution (in the case of companies etc.)/mandate (in the case of firm etc.) is required for using “Sibernet”
Services.

Authorised Signatories Name Authorised Signature/s With Seal

Place :

Date :

For Office Use

Signature/s of Authorised Signatory(ies) Verified.
RM / Manager / Officer
Branch
(Signature with Seal)
 Specimen Of Board Resolution For Corporate Customer

( To be obtained in the case of Limited Companies, Trusts and other Corporate entities)

Resolved that the company do avail the “Sibernet-Corporate” the Internet Banking service for the accounts opened / to be
opened with SIB Ltd. at their various Branch(es) and the company do accept such terms, regulations, conditions, stipulations laid
down by SIB Ltd. for the purpose. Resolved that the following authorised signatories namely, Shri ......................................................

......................................................., Shri ..................................................................................... and Shri ................................................

......................................................... be and hereby singly/jointly authorised to convey to SIB Ltd. acceptance on behalf of the
Company/Bank of the terms and conditions contained in the application form or on the Website and agree to such changes and
modifications in the said terms and conditions as may be suggested by SIB Ltd. or, nominate, substitute, revoke and vary mandate
etc. from time to time and to execute such deeds, documents and other writings as may be necessary or required for this purpose.

Resolved that the aforesaid terms and conditions be and are hereby approved and accepted, and the authorised signatories be
and are hereby severally authorised to accept such modifications therein as may be suggested by SIB Ltd.

Resolved further that the above authorised signatories namely, Shri ..................................................................

......................................................., Shri ..................................................................................... and Shri ................................................

.........................................................are authorised to operate on behalf of the company through ‘Sibernet-Corporate” Internet

Banking service on the company’s accounts including by causing a debit balance in company’s account(s) with SIB Ltd. and/or
continually operate the account(s) even when overdrawn, as per the authority given in this regard.

Resolved further that, the company does agree to hold SIB Ltd. harmless and their interest protected on account of it executing
such instructions by the authorised signatories .

Resolved further that Chairman of the Board/Secretary of the Company be and is hereby authorised to furnish a copy of the
resolution certified as true to SIB Ltd.

-To be obtained in the letter head of the firm/Company

 Specimen Of Letter of Mandate

(To be obtained for Partnership Firms & other unincorporated bodies)

To,

The South Indian Bank Ltd,

...............................................

We ....................................................... (herein after referred to as firm) request you to allow “Sibernet- Corporate” , the ‘Internet
Banking’ service for the accounts opened / to be opened with SIB Ltd. at their various Branch(es) and the firm do accept such
terms, regulations, conditions, stipulations laid down by SIB Ltd. for the purpose. The following authorised signatories namely, Shri

...................................................... ......................................................., Shri .....................................................................................

and Shri ................................................ ......................................................... be and hereby singly/jointly authorised to convey to

SIB Ltd. acceptance on behalf of the Firm/Bank of the terms and conditions contained in the application form or on the Website
and agree to such changes and modifications in the said terms and conditions as may be suggested by SIB Ltd. or, nominate,
substitute, revoke and vary mandate etc. from time to time and to execute such deeds, documents and other writings as may be
necessary or required for this purpose.

We hereby approve and accept the aforesaid terms and conditions and the authorised signatories be and are hereby severally
authorised to accept such modifications therein as may be suggested by SIB Ltd.

The above authorised signatories namely, Shri ...................................................... ......................................................., Shri

..................................................................................... and Shri ................................................ .........................................................

are authorised to operate on behalf of the firm through ‘Sibernet-Corporate” Internet Banking service on the firm’s accounts
including by causing a debit balance in firm’s account(s) with SIB Ltd. and/or continually operate the account(s) even when
overdrawn, as per the authority given in this regard.

The firm does agree to hold SIB Ltd. harmless and their interest protected on account of it executing such instructions by the
authorised signatories .

Any of the partners of the Firm be and is hereby authorised to furnish a copy of the letter certified as true to SIB Ltd.

(To be signed by all the Partners)

Name ......................................................................... Signature............................................................

Name ......................................................................... Signature............................................................

Name ......................................................................... Signature............................................................

Name ......................................................................... Signature............................................................

Name ......................................................................... Signature............................................................

-To be obtained in the letter head of the firm

 Annexure I (For Granting Transactional Authority to Various Corporate User)

CORPORATE DETAILS
Sl. No. Details of Divisions / Sections within the Corporate Details of Role / Designation with in the Corporate Hierarchy with in the Corporate

CORPORATE USER DETAILS

Sl. No. Name of user Preferred User ID Date of Birth Access Option (V/R/T) Signature of User

V view only(transaction authority not allowed)R request for account opening, Renewal of FD account,Request for cheque book,Bill lodging,Request for issuance of DD,Bankers cheque,Request for LC/Guarantee
opening and amendment T Online transfer/scheduled transfer of funds to own account and third party account within the Bank. Online transfer of Funds from linked account.
CORPORATE USER WISE LIMITS FOR FUNDS TRANSFER
In case of more than one Approval
Sl. Name of User Individual Designation / Initiating Approving No of Individual User ID by
No. Login ID Role Limits (Rs.) Limit From Rs. To Rs. approval(s) which approval Required
required

1.Initiator is the individual user initiating the fund transfer request.2 Approver is the person who authorizes the fund transfer request keyed in by the initiator.3 Initiator and approver can not be the same
individual.4 Any fund transfer request necessarily will involve initiator and Approver.
Please attach separate sheet if more details to be furnished
I/We here by confirm that mandate from the competent authority has been obtained. Necessary resolution / Authorisation is enclosed on the letterhead.
Signature
1........................................................................................ Name & Designation.........................................................
2........................................................................................ Name & Designation.........................................................
3........................................................................................ Name & Designation.........................................................
4........................................................................................ Name & Designation.........................................................
Place : Date :