Partnership Firm Declaration

Dated:
1. We, the undersigned hereby declare that we are the partners of the firm carrying out
business in the name of __________________________________________________________
2. We request you, YES BANK Ltd, ________________ branch to close a Current Account for the
said partnership firm.
3. We declare that all partners will be liable to you;
a. Jointly and severally
b. On any obligations which may be outstanding in the firms name in your books
and until such obligations shall have been liquidated. We hereby undertake that in
case of any change in constitution of the Firm we shall give notice in writing to
the Bank of any such change in the constitution or dissolution, supported by
necessary documentation.
4. The following persons are hereby authorized to singly/jointly (select whichever is
applicable while taking a final print) operate and close the Current Account
Sr. No.

Name of Authorized Person

Designation

Signature

5. That above mentioned applicant be and is hereby authorized, on behalf of Firm, to sign,
execute and deliver in the manner herein contained cheques or orders which may be
drawn or bills accepted or notes made or receipts for monies owing by the Bank to the
Firm duly signed on behalf of the said Firm in respect of the operations of the account
and for all cheques, or other orders, which may be drawn or bills accepted or notes or
negotiable instruments passed on the Firms behalf of receipts for money owing by you
to the Firm and to debit such cheques, orders, bills, notes or negotiable instruments to
the Firms account with you whether such accounts or accounts be for the time being in
credit or overdrawn or may become overdrawn of such debit without prejudice to the
Bank's right to refuse to allow any overdraft or any increase of overdraft and we shall be
responsible for the repayment of any such overdraft and interest
6. Further we wish to apply to YES BANK Ltd for Retail NetBanking (includes Mobile
Banking), Debit Card and the Authorized persons shall access the account though
Internet/Debit Card for banking operations.
7. The persons authorized* to operate Retail Net Banking facility singly for carrying out
banking operations through Internet namely,
Sr. No. Name of Authorized Person
Designation
Mobile Number
NA
NA
NA
NA
The person authorized should be authorized signatory from point 4 above.

In cases where a firm has multiple accounts under same cust id, and any signatories
which is common to all these accounts, then he will be able to view / transact in all
these accounts through NetBanking

8. That the persons authorized to operate the Bank accounts opened with Yes Bank Ltd., as
mentioned above are hereby authorized to singly operate and access the Bank Account
to carry out banking operations through Internet. The extent of and the manner in which
the facilities can be availed by way of Internet including the ability to transfer and the
availability of information relating to the transactions and the balances in the Bank
Accounts and the limits thereof, including the charges and the conditions thereof, shall
be as prescribed/ permitted by the Bank from time to time.
9. That the persons mentioned below be authorized to operate through Debit Card, the
Bank account opened with Yes Bank Ltd. namely,
Name of Authorized Signatory
NA

Designation
NA

are hereby authorized to singly operate and access the Bank Account and to carry out
banking operations through Debit Card at ATMs/ POS / any other channel which can be
accessed through Debit Card . The extent of and the manner in which the facilities can
be availed by way of Debit Card including the ability to transfer and/ or withdrawal
(including cash withdrawals), if any, and the availability of information relating to the
transactions and the balances in the Bank Account and the limits thereof, including the
charges and the conditions thereof, shall be as may be prescribed/ permitted by the
Bank from time to time.
10. That the Bank is hereby authorized to mail / courier the User ID and Password to
attention of the above mentioned authorized persons, at the address of the Firm
recorded with the Bank and that the Firm acknowledges, agrees and confirms that the
onus of keeping the User ID and Password for usage of Net Banking / Mobile Banking /
Debit Card, confidential and limited to the persons authorized by the Firm is entirely of
the Firm.
11. We have read, understood and agree to abide and be bound by all the provisions of the
terms & conditions applicable to such an account and services related thereto and shall
always be bound by and abide by them and their amendments from time to time.
Name:
1. ______________________________________
2. ______________________________________
3. ______________________________________
4. ______________________________________
5. ______________________________________

Signature (With Stamp of the firm)

______________________
______________________
______________________
______________________
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