Opening of Third Party FD

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To, Date : 15 / 12 / 2017
The Manager
ICICI Bank Ltd,
Suncity Branch Sol ID : __________
Subject : OPENING of Third Party Fixed Deposit
Dear Sir / Madam,

Request you to kindly create a Third Party Fixed Deposits as per details below :
¨ Amount (in Fig) Rs.15,32,739/-
¨ Tenure : ___-_________ Days ___-________ Months Two Years
¨ Name to be Printed on FD as : Executive Engineer to Managing Director, MVNL, Lucknow, Uttar Pradesh
A/c of ELTEL ENGINEERS, Satna, Madhya Pradesh

 Value Date : 15/12 /2017 (Please specify the date on which the FD is to be Opened)

 Purpose of Fixed Deposit : Contract Performance Guarantee

¨ Mode of FD : Traditional / Cumulative / Quarterly / Monthly Interest Payout mode.
Credit the Interest to Current Account No. 628105501163 (in case of Quarterly / Monthly Interest Payout)
¨ TDS applicable : YES / NO (Please tick YES, if applicable)
For Individuals and Proprietorship concerns only :
¨ Nomination Required : YES / NO ______________________________________________________________________
(Please select as applicable – Submit DA1 Form if YES)
Other Instructions :
¨ Kindly debit the Current Account Number 628105501163
or
 Cheque Details are as follows : Dated Cheque No. Amount

Thanking you,
For Eltel Engineers

(Wali Ashraf)
Authorized Signatory
We agree that :
· Third Party can be a Gorvenment Organisation ONLY
· FD would not be created in the name of Third Party alone.
· Third Party FD would not be created with Auto Renewal or Auto Closure Mode.
· If the tenure is less that 6 months, the FD would be created in Traditional Mode only.
· NOC from government body is attached in case of Quarterly or Monthly Interest Payout
· In case of Cheque deposition for FD Creation, the Value date of the FD would be the cheque clearance
date.
· Minimum tenure for Cumulative Fixed Deposit is 6 months.
· For Quarterly Interest Payout, Minimum Tenure is 6 months.
· On Closure and Renewal of FD, Clearance from Third party would be provided.
· FD would not be linked to any facility or to a current account.
 Closure of Third Party FD
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To, Date : (dd) / (mm) / (yyyy)
The Manager
ICICI Bank Ltd,
____________________________ Branch Sol ID : __________

Subject : OPENING of Third Party Fixed Deposit

Dear Sir / Madam,

Request you to kindly create a Third Party Fixed Deposits as per details below :
¨ Credit the FD Proceeds along with Interest to
¨ Current Account Number : ____________________________ (if client holds a Current Account with Bank)
¨ Please issue a DD / PO to us in the name of _________________________________________________________

¨ We have provided the following for closure of the Fixed Deposits

¨ Discharged FD Receipt : YES (Mandatory if FD Recepit is printed) / NO
¨ Clearance from Third Party regarding release of the Fixed Deposit – YES / NO
¨ TDS applicable : YES / NO (Please tick YES, if applicable)

Thanking you,

(to be signed by authorized signatory with Stamp)

We agree that :
· Clearance from Third Party has been provided for closure of FD
· Part Closure of FD in favour of Third Party cannot be done.
 Renewal of Third Party Fixed Deposit

Date : (dd) / (mm) / (yyyy)

To,
The Manager
ICICI Bank Ltd.
______________________ Branch Sol Id : __________
Subj : Renewal of Fixed Deposits (to be filled by the Branch)

Dear Sir,
We request you to kindly Renew Fixed Deposit Number _______________________________ as per details below
¨ Renew as below (Tick as applicable)
Only Principal Amount and credit the Interest to Current Account Number ________________________
Maturity Amount along with Interest earned
¨ We have provided the following for Renewal of the Fixed Deposits
 Discharged FD Receipt : YES (Mandatory if FD Recepit is printed) / NO
 Clearance from the Third Party for Renewal of the FD : YES / NO
 Clearance from the Third party for Renewing only the Principal Balance and crediting the Interest
proceeds to the current account : YES / NO / Not Applicable
¨ Renewal Instructions as below
 Tenure : __________ Day(s) ___________ Month(s) __________ Year(s)
 Mode of FD : Traditional / Cumulative / Quarterly / Monthly Interest Payout.
 Third party Clearance for Credit the Interest on Monthly / Quarterly Interest Payout : YES / NO
(required if the interest payout is required.)
¨ TDS applicable : YES / NO (Please tick YES, if applicable)
For Individual and Proprietorship concerns only
¨ We request you to continue with the same Nomination Details as updated for the Original FD : YES / NO
____________________________________________________________________________
(if No, Please fill the DA1 Form available at the Branch for availing or changing the existing Nomination) (For
cancellation of Existing Nomination, Please mention “NO NOMINATION REQUIRED” in the space give
above.)

Thanking You
Your’s Faithfully

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We agree to the following :
1. Principal amount would be the original amount of Fixed Deposit. Interest
would be credited to the respestive account as confirmed by us.
2. Same FD number will be continued if the Renewal request is provided within 30 days of Maturity date.
3. Minimum tenure of Fixed Deposit would be 7 days to earn interest.