STANDING INSTRUCTION FORMAT
Date:
The Manager
Citibank N
A Chennai
I hereby authorise you to debit my savings/Current account No. with your branch for th
payments to be made towards my / our Home Loan account .
a) Booking fee Rs.
b) Monthly Installments
Number of Interest Payments :
(As per Schedule given below)
Details of EMI Payments
Number of EMI Payments EMI Amount EMI Start Date EMI End Date
c) Annual Fee (as per home credit schedule) % (as calculated by Citibank in accordance with loan agreement)
I hereby also declare that I / We are the signatories to the account and our signatures are as below.
I/We acknowledge that on account of interest rate fluctuations the said amount may vary, provided that the said amount shall not exceed Rs.
and hereby unconditionally and irrevocably authorise Citibank N A to raise debits of such amounts.
I understand that -
Citibank shall in no way be responsible for non-execution of Standing Instruction either on account of incomplete or inaccurate information or
non availability of sufficient funds in my account or for any other reason beyond its control.
Sincerely Yours
Customer Signature
Page 1 of 2
Mortgages/DVRA/Ver5.0/July2013
SCHEDULE FOR INTEREST PAYMENTS
CUSTOMER NAME :
SI Number :
SI City :
S.No Date Interest Amount
(DD / MM/ YYY) Rs.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
I understand that
l Interest payments are allowed only for Under-construction properties during the construction period for a maximum period of
36 months
l For all other cases, interest option is allowed only for the 1st month succeeding the first disbursal, if the disbursal is made on or
after 24th of a month
In the event of the monthly installment varying in accordance with the loan agreement, the Bank may debit an amount different from the
above, which could be higher or lower than the amount mentioned, but shall not exceed Rs. .
Date: Customer Signature
Mortgages/DVRA/Ver5.0/July2013
STANDING INSTRUCTION FORMAT
Date:
Your 10 digit XXXX
The Manager Respective location of the account number
XXXXX Branch where you hold
Chennai your XXXXX account.
I hereby authorize you to debit my savings/Current account No. with your
branch for the following payments to be made towards my / our Home Loan
account (To be filled by bank personnel after disbursal of loan.)
Your Booking Fee charged
XXXX
a) Booking fee Rs. in your XXXX Loan
Loan
account.
account
number b) Monthly Installments
Number of Interest Payments : (applicable for pre-EMI cases – to be filled in by bank
personnel.)
(As per Schedule given below)
Number of EMI Payments : (Tenor as mentioned in loan sanction letter)
EMI Amount EMI Start Date EMI End Date
(As mentioned in the Loan repayment (As mentioned in the Loan
(EMI amount as confirmed by schedule) repayment schedule)
the bank)
c) Annual Fee (as per home credit schedule) – % (as calculated by Citibank in
accordance with loan agreement)
I hereby also declare that I / We are the signatories to the account and our signatures are as below.
I/We acknowledge that on account of interest rate fluctuations the said amount may vary, provided that
the said amount shall not exceed Rs. and hereby unconditionally and irrevocably
authorize XXXXX to raise debits of such amounts.
I understand that -
XXXXX shall in no way be responsible for non-execution of Standing Instruction either on account of
incomplete or inaccurate information or non availability of sufficient funds in my account or for any other
reason beyond its control.
Sincerely Yours EMI calculated at an
upward interest rate
revision of 3%
Customer Signature Your signature
(To match with
XXXX records)
Mortgages/DVRA/Ver5.0/July2013
Page 1 of 2
SCHEDULE FOR INTEREST PAYMENTS
CUSTOMER NAME : Applicable only for pre-construction cases
SI Number :
SI City :
S.No Date Interest Amount
(DD / MM/ YYY) Rs.
I understand that –
Interest payments are allowed only for Under-construction properties during the construction period for a
maximum period of 30 months
For all other cases, interest option is allowed only for the 1 st month succeeding the first disbursal, if the
disbursal is made on or after 24th of a month
In the event of the monthly installment varying in accordance with the loan agreement, the Bank may
debit an amount different from the above, which could be higher or lower than the amount mentioned, but
shall not exceed Rs. .
EMI calculated at an
upward interest
rate revision of 3%
Date: Customer Signature
Page 2 of 2
Your signature
(To match with
XXXXX records)
Your signature (to match with bank records)
Your 10digit Citibank Account Number
Your name (to match with SI form)
9 digit Micr code
Account Type
