Account Opening Form
Account Opening Form
Important Instructions:
A) Fields marked with “ “ are MANDATORY
*
B) Self-attestation of documents is mandatory
G) List of State/UT code as per Indian Motor Vehicle Act, 1988 is available
with the Bank
C) Please fill the form in English and in BLOCK Letters H) List of two character ISO 3166 country codes is available with the Bank
D) Please fill the date in DD-MM-YYYY format I) KYC number of applicant is mandatory for updating application
E) Please read section wise detailed guidelines / instructions J) For particular section update, please tick ( ) in the box available before
F) Please counter sign in full for any overwriting / alteration. the section number and strike off the sections not required to be updated
Maiden Name*
(If any)
Fathers's Name*
Mother's Name*
Spouse's Name*
(If applicable)
Gender* Male Female Transgender Marital Status* Married Unmarried Others PHOTO
Date of Birth* - - City of Birth*
- -
- -
- -
3. PROOF OF IDENTITY (Pol) * ( Refer instruction C) (Certified copy of any one of the following Proof of Identity [Pol] needed)
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4. PROOF OF ADDRESS (PoA) *
4.1CURRENT/PERMANENT/OVERSEAS ADDRESS DETAILS (Certified copy of any of the following Proof of Address (PoA) needed) (Refer instruction D)
Proof of Passport Driving License Aadhar Deemed to be OVD Document Type Code
Address*
Voter Identity Card NREGA CARD Others
Room No.
Bldg Name
Road
No./Name
Landmark
Same as Current / Permanent / Overseas details (In case of multiple correspondence / local address, Please fill ‘Annexure A1’)
Proof of Passport Driving License Aadhar Deemed to be OVD Document Type Code
Address*
Voter Identity Card NREGA CARD Others
Room No.
Bldg Name
Road
No./Name
Landmark
4.3 ADDRESS IN THE JURISDICTION DETAILS WHERE APPLICANT IS RESIDENT OUTSIDE INDIA FOR TAX PURPOSE*
( Applicable if section 2 is ticked )
Same as Current / Permanent / Overseas Address details Same as Correspondence / Local Address details
Room No.
Bldg Name
Road
No./Name
Landmark
5. CONTACT DETAILS* ( Communication will be done on Mobile no./ Email ID provided) (Refer instruction F )
Tel.(Off.) - Tel.(Res.) -
Fax - Mobile no. -
Email ID
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6. RELATED PERSONS
Related Person Type* Guardian of Minor Assignee Authorised Representative Director Promoter
Karta Trustee Partner Beneficial Owner Authorised Signatory Court Appointed Official
Beneficiary
7. OTHER DETAILS
Annual Income ( )* < 1Lac 1Lac-< 5Lac 5Lac-< 10Lac 10Lac-< 15Lac 15Lac-< 25Lac 25 Lac & above
Net Worth ( )* As on - -
Education below SSC SSC HSC Graduate Masters Professional(CA,CS Others)
8. Non-Resident Declaration
1. I/We hereby declare that, I am/we are Non-Resident of Indian nationality/Foreign national of Indian origin.
2. I/We agree that the above account will be opened on the basis of these statements/ declarations made by me/us and I/we also agree that if any
of the statements/ declarations made herein are found to be not correct in material particulars, you are not bound to pay any interest on the
deposit made by me/us.
3. I/We hereby agree that the remittance can be converted to US DOLLARS / STG POUND / EURO / AUSTRALIAN DOLLAR / CANADIAN DOLLAR
my/our exchange risk in case currency other than the above is deposited/remitted for the purpose of opening Foreign Currency Deposit Account.
4. I/We hereby undertake that in case of debits to the accounts for the purpose of investment in India and credits representing sale proceeds of
investments, I/We would ensure that such investment/ disinvestments would be covered either by the general or special permission of Reserve
Bank of India. I/We hereby undertake to intimate to you about my/our return to India for permanent residence immediately on arrival. I/We
hereby undertake not to make available to any person in India any foreign exchange against reimbursement in rupees or in any other manner.
5. I/We hereby declare that the transaction which will be put therein my/our account by me/we or my/our Power of Attorney holder from time to
time not involve, and is not designed for the purpose of any contravention or evasion of the provisions of the FEMA1999 or any rule, regulation,
notification, direction or order made there under.
6. I/We also hereby agree and undertake to give such information/documents which will reasonably satisfy you about this transaction in terms of
the above declaration.
7. I/We also understand that if I/We refuse to comply with any such requirement or make only unsatisfactory compliance therewith, the Bank refuse
in writing to undertake the transaction and shall if it has reason to believe that any contravention/evasion is contemplated by me/us report the
matter to Reserve Bank of India.
8. I/We hereby declare that only legitimate dues in India which would include current income like rent, dividend, pension, interest etc. sale
proceeds of assets including immovable property acquired out of rupee/foreign currency funds by way of legacy/inheritance will be deposited in
my/our NRO account with the prevailing stipulations laid by RBI. For NRO accounts, I/We will not make available to any person resident in India
any foreign exchange against reimbursement in Indian Rupees or otherwise.
Applicant Declaration
Declaration and Undertakings:
I hereby declare that the details furnished above are true and correct to the best of my knowledge and belief and I undertake to
inform you of any changes therein, immediately. In case any of the above information is found to be false or untrue or misleading or
misrepresenting, I am aware that I may be held liable for it.
My personal / KYC details may be shared with Central KYC Registry. I hereby give consent to receiving information from Central
KYC Registry through SMS / Email on the above registered number / Email address. I hereby declare that I or any of my relatives
have not been entrusted with prominent public functions in a foreign country e.g.Heads of States or Governments, senior
politicians, senior government / judicial / military officers, senior executives of state owned corporations, important political party
officials, etc. I hereby further declare that in case in the future, I or any of my relatives have been entrusted with prominent public
functions in a foreign country as stated above, I will immediately notify the bank about the same.
Any change of address, mobile number, land line number, email ID, etc will be immediately updated in a separate customer
registration form and provided to the Bank along with necessary documentary evidence where ever required.
I am aware that a booklet on the Banking Codes and Standard Board of India ( BCSBI ) posted on the website shall be provided
to me on demand. I am aware that SARASWAT BANK Ltd does not seek any information relating to login id / password in any form
through e-mails from its customers. I agree and undertake that I shall never part with any sensitive information of my account
especially through internet / email / phone medium. I further agree and confirm that SARASWAT BANK Ltd. shall not be liable for
any losses arising from my sharing / disclosing of login id, password, cards, card numbers or PIN (Personal Identification Number),
cheque/s to anyone, nor shall make claims on the bank for any unauthorized use. I shall take all precautions to protect my account
details so as to avoid any unauthorized use.
I certify that
a) The information provided by me in the form, its supporting Annexures as well as in the documentary evidence provided by
me are, to the best of my knowledge and belief, true, correct and complete and that I have not withheld any material
information that may affect the assessment/categorization of the account as a Reportable account or otherwise.
b) I permit / authorize the Bank to collect, store, communicate and process information relating to the account and all
transactions therein, by the Bank whereever situated including sharing, transfer and disclosure between them and to the
authorities in and/or outside India of any confidential information for compliance with any law or regulation whether domestic
or foreign.
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c) I undertake the responsibility to declare and disclose within 30 days from the date of change, any changes that may take
place in the information provided in the form, its supporting Annexures as well as in the documentary evidence provided by
me or if any certification becomes incorrect and to provide fresh self-certification along with documentary evidence.
d) I also agree that my failure to disclose any material fact known to us, now or in future, may invalidate our application and the
Bank would be within its right to put restrictions in the operations of my account or close it or report to any regulatory and / or
any authority designated by the Government of India (GOI) / RBI for the purpose or take any other action as may be deemed
appropriate by the Bank if the deficiency is not remedied by me within the stipulated period.
e) I hereby accept and acknowledge that the Bank shall have the right and authority to carry out investigations from the
information available in public domain for confirming the information provided by me to the Bank.
f) It shall be my responsibility to educate myself and to comply at all times with all relevant laws relating to reporting under
section 285 BA of the Income Tax Act read with the Rules thereunder
g) I also agree to furnish such information and / or documents as the Bank may require from time to time on account of any
changes in law either in India or abroad in the subject matter herein.
h) I shall indemnify the Bank for any loss that may arise to the Bank on account of providing incorrect or incomplete information.
I) The information provided in the form is in accordance with section 285BA of the Income Tax Act,1961 read with Rules
114F to 114H of the Income Tax Rules, 1962.
As per RBI directions, the Bank has to validate the mobile number before activation of the account. The customer should give
missed call on the Bank’s prescribed number from the registered mobile number for validation.
The customer should maintain minimum quarterly average balance as may be required from time to time in the account and
communicated at the time of opening of the account as well as sufficient balance to honour cheques issued to third parties.
Changes in the Bank / Service charges or minimum balance requirements are displayed on the Notice Board of the Branches and on
the website. The non-maintenance of the adequate balance shall automatically entitle the Bank to levy the charges for non-
maintenance of the average balance.
If there is no transaction in the account for 2 years the account automatically gets classified as an ‘inoperative account’. Spl.
Instruction for Term Deposit : In the event of death of any of the joint depositors prior to maturity of the deposit or otherwise, the
Bank will be, at the request of the surviving depositor or all surviving depositors will be at liberty though not bound and at its absolute
discretion to add / delete any name, or to repay the deposit before maturity or grant an advance against the security thereof,
on such terms and conditions as the bank may decide and such payment before maturity shall constitute a valid discharge to the
Bank and all applicable agree to the above.
Auto renewal of term deposits : The Term Deposits would be automatically renewed under the Auto Renewal Process on the date of
maturity, at a rate of interest prevailing on the date of renewal and for the same period for which the existing deposit was kept. In case
any depositor wishes to alter the period of deposit confirmation advice /s or withdraw the proceeds of the confirmation advice /s
renewed under Auto Renewal process, they may do so as per Bank’s prevailing guidelines in this regard in the Bank’s Deposit Policy
on the website.
Our deposits are insured under the Deposit Insurance and Credit Guarantee Corporation of India (DICGC) scheme
Signature / Thumb
Place Signature of applicant
Impression
Date : - -
Name of witness:
Employee Name :
Place
Bank / Branch
Signature of Employee Signature
Stamp & Seal
Date : - -
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ACCOUNT OPENING FORM FOR INDIVIDUAL
Instructions to Customer
*
• Fields marked ‘ ' are MANDATORY
• Please fill the form preferably in ‘BLACK’ ink only
• Please write your NAME as it appears in Customer Registration Form
• Please countersign in full for any overwriting / alteration
• Please fill the form in CAPITAL LETTERS only • Please tick the appropriate boxes
1st
2nd
3rd
4th
5th
6th
SP. SCHEME
C. DECLARATION BY GUARDIAN
Type of Guardian: Father Mother Court Appointed
I hereby declare that the date of birth of the minor who is my ________________________is_______ /________/________ and I am his / her
natural and lawful guardian / guardian appointed by court order, dated______/_______/_______(copy enclosed). I shall represent the said minor in
all future transactions of any description in the above account until the said minor attains majority. I indemnify the Bank against the claim
of the above minor for any withdrawal / transactions made by me in his / her account.
Signature
Signature of Guardian
Date : - -
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D. MODE OF ACCOUNT OPERATION A/c Closure Premature withdrawal
Self Either or Survivor Any other Instruction Jointly or Survivor Any one or survivor Minor by Guardian
NOMINEE ADDRESS
to receive the amount of the deposit on behalf of the nominee in the event of my / our / minor's death during the minority of the nominee.
NOMINEE NAME MAY BE PRINTED ON MY/ OUR PASSBOOK AND DEPOSIT CONFIRMATION ADVICE
I/we the undersigned do not wish to make nomination in my/our aforesaid A/c.
Place :
Date : D D M M Y Y Y Y
**Signature(s) # Thumb impression(s) of Depositors
Name(s) Name(s)
Address(es) Address(es)
** Where deposit is made in the name of a minor, the nomination should be signed by a person lawfully entitled to act on behalf of the minor.
# Thumb impression shall be attested by two witnesses Signature of Account Holder/s
Acknowledgement of
Nomination Registration No. Date : D D M M Y Y Y Y D D M M Y Y Y Y
nomination received on
(For Office Use Only)
DECLARATION BY THE BRANCH : I hereby certify that this account opening form is complete in all respects and relevant documents have been
obtained. The Account may please be opened. ( This information must be filled-up by the branch before sending AOF for processing)
Saraswat Co-op. Bank Ltd.
Name:
EMP. No.
Acknowledgement - DA 1 Date: D D M M Y Y Y Y
We acknowledge receipt of nomination made by you with respect to your a/c Application Name
in favour of :Name of the nominee Age: years, residing at
Yours faithfully,