Terms & Conditions - Insta Online Account Opening Service

1. I / We agree that the account number allotted to me pursuant to my / our successful submission of
account opening application using the Insta Online Account Opening will be activated subject to
me / we complying with the following:

2. I/We understand that the Bank may allot selected account number at its absolute discretion, and
reserves a right to change the selected account number subject to availability.

3. I am / We are aware that Insta Online Account Opening service is only for new customers of YES
BANK (“Bank”) & I / we confirm that I / we do not have an existing account with YES BANK.

4. All fields of the on –line application are mandatory except wherever specified, if left blank or filled
with the wrong data would be construed as an incomplete form & the Bank would be constrained
to cancel the account number allotted.

5. The account number allotted to you will be kept in inactive status to avoid any unauthorized
transactions. Transaction will be allowed post activation of your account after you complete
account opening and KYC formalities to our satisfaction. In case, any of the documents submitted
by you along with the application do not comply with the KYC guidelines of the Bank, the
application will be rejected.

6. I / We understand that my / our Account will become active only on the Bank receiving the
Account Opening Form duly completed by me / us, along with copy of my / our valid KYC
documents and the Bank being satisfied that the same complies with its requirements. In case all
requirements are not complied within 60 days of your online application, the Bank would be
constrained to cancel the account number allotted.

7. The particulars contained herein shall be valid for all accounts opened by me/us or to be opened by
me/us hereafter either singly or with other(s) and/or by me/us in any representative capacity with
the Bank unless informed to you otherwise. I/We have read/obtained and understood the Terms
and Conditions and citizen charter governing the opening of an account with YES BANK (the
Bank), and those relating to various Services including but not limited to (a) ATMs (b) Phone
Banking (c) Debit Card (d) Net Banking (e) Payment Gateway (f) BillPay (g) Mobile Banking (h)
Alerts Service (i) Opening of an Investment Account (j) Email Statements available on the website
of the Bank and I agree that the aforesaid Terms and Conditions including the specialized terms
would form part and parcel of this facility and I/We shall abide by the same.

8. I/We understand that the Bank may at its absolute discretion, discontinue any of the Services
completely or partially. I/We agree that the Bank may debit my account for service charges as
applicable from time to time.
9. I/We shall advise the Bank immediately in the manner as agreed by the Bank, in case of any change
in the details and information given by me/us are to be made.