JOINT HINDU FAMILY LETTER

DECLARATION BY HUF MEMBERS

Date:
To
Indian Overseas Bank,
Depository Services Branch,
Chennai.
Dear Sir,

We, the undersigned declare that we are the members of Joint Hindu Family (HUF) under the name and style of M/s. ____________________________________________________________________________(HUF) and further declare as under:
1. We are the only members of Joint Hindu Undivided Family named _____________________________
2. ______________________________ is the Kartha of the HUF and is authorized to open and operate singly the account in the name of HUF and to sign all forms and documents for and on behalf of HUF.
3. We request Indian Overseas Bank, Depository Services Branch to honour all documents/delivery instructions signed, accepted and/or endorsed/signed by the said __________________________for and on behalf of HUF.
4. We declare and confirm that all transactions entered into with you and obligations and liabilities entered or incurred by all or any one or more of us on behalf of HUF for the accounts whether in credit or overdraft shall be binding on each member of HUF, present and future, personally and on the estate of each of us. We further declare that all claims due to the Bank from the said HUF shall be recoverable personally from all or any of us and also from the entire properties of said HUF.
5. That our above said Kartha is authorized to sign on behalf of HUF business/or otherwise and has full and unrestricted authority to bind all the members of HUF however constituted from time to time.
6. We undertake to inform you any change in the constitution of HUF by any reason including due to any to any addition of members or on account death of any members of HUF.
Yours faithfully,
Full name in Block Letters
Signature
Note: To be signed by all members including female members, Name should be given on the left hand side with details like S/o, d/o, w/o with address where the address is different from HUF address, minor name (and date of birth) to be mentioned like ‘A’ (minor) through ‘B’ the natural guardian