FORMAT 2
Specimen of Declaration [for Partnership Firms]
[To be executed on a Applicable stamped paper]

DECLARED THAT the Firm do avail the Union e-banking Corporate for the accounts opened / to be opened with Union Bank of India at their various Branch(es) and the Firm accepted all terms and conditions of Union Bank and further do accept such terms, regulations, conditions, stipulations laid down by Bank from time to time for the purpose. Copy of the existing Terms and Conditions is received by the firm which is enclosed to this declaration as token of company’s agreement. Modification of such rules placed by Bank on its website is sufficient and valid notice to the partnership firm.

DECLARED FURTHER THAT the Firm do execute necessary documents, agreement form(s), authority letter(s) and / or any other related documents from time to time for this purpose.

DECLARED FURTHER THAT the following persons be hereby singly / jointly authorized to accept sign, execute, deliver and complete all documentation, agreements, accounts opening forms and accept and abide by the modifications and / or variations in any or all the terms and conditions from time to time and to nominate, substitute, revoke and vary mandate etc. from time to time and on behalf of the Firm in order to apply for and avail and operate the “Union e-banking Corporate” facility provided by the Union Bank of India.

Shri (Partner/ Initiator /Approver) Limit in Rs.

Shri (Partner/ Initiator /Approver) Limit in Rs.

Shri (Partner/ Initiator /Approver) Limit in Rs.

Shri (Partner/ Initiator /Approver) Limit in Rs.

Any change in the above mandate shall be by a fresh declaration of firm and by intimating the same to Bank

DECLARED FURTHER THAT the above authorised persons are also authorized to operate on behalf of the Firm through ‘Union e-banking Corporate’ service on the Firm’s accounts including by causing a debit balance in Firm’s account(s) with Union Bank of India and / or continually operate the account(s) even when overdrawn, as per the access specifications as stated herein above .

DECLARED FURTHER THAT Union bank of India be and hereby authorized to accept all instructions given or initiated through the ‘Union e-banking Corporate’ service either singly or jointly from all or any of the above instructions by the above signatories in the manner provided here in above.