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Ecs Form

The customer has taken a housing loan from HDFC Ltd and wishes to set up an ECS mandate to pay monthly installments from their savings bank account. They authorize HDFC Ltd to verify and execute the ECS mandate with their bank. The customer provides their loan and bank account details, including the bank name, branch, MICR code, and account number. They declare the information is correct and authorize debits from their account for loan installments. The bank certifies the customer's details match their records.

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Nanette Carvalho
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100% found this document useful (1 vote)
2K views2 pages

Ecs Form

The customer has taken a housing loan from HDFC Ltd and wishes to set up an ECS mandate to pay monthly installments from their savings bank account. They authorize HDFC Ltd to verify and execute the ECS mandate with their bank. The customer provides their loan and bank account details, including the bank name, branch, MICR code, and account number. They declare the information is correct and authorize debits from their account for loan installments. The bank certifies the customer's details match their records.

Uploaded by

Nanette Carvalho
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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From ______________________ ______________________ ______________________ ______________________

Date :

To, The Manager, ______________ Bank, ______________ Branch ______________ City Dear Sir / Madam, Subject: Authorisation letter for initiating ECS Mandate
I have availed a loan of Rs.___________/- from HDFC Ltd towards housing loan. I wish to give ECS mandate for payment of my monthly instalments from my / our Savings Bank Account No.___________________ maintained in your bank. I / We authorise the representative of HDFC Ltd carrying this ECS mandate form to get it verified and executed by you. Any c harges required to be paid may be debited to my account.

I / We hereby declare that the particulars given above are correct and complete. Yours faithfully,

( Signature of the Account Holder)

ELECTRONIC CLEARING SERVICE (DEBIT CLEARING) MANDATE FORM


CUSTOMERS OPTION TO MAKE PAYMENTS THROUGH DEBIT CLEARING
UTILITY CODE :(Mandatory)

SCHEME NAME PERIODICITY OF PAYMENT 1. CUSTOMERS NAME 2. LOAN ACCOUNT NUMBER 3. TELEPHONE NO. RES / OFF 4. EMAIL ID 5. MAXIMUM AMOUNT 6. DATE OF EFFECT 7. END DATE (This is the current end date.
Could vary with change in repayment schedule)

: :

EMI PAYMENT HDFC LTD MONTHLY

: (Mandatory ) : : : : EMI AMOUNT (DATE) (MTH) (YEAR)

: (Mandatory ) : (Mandatory ) : . : . : . : SB/CA/CASH CREDIT

8.PARTICULARS OF THE BANK ACCOUNT BANK NAME BRANCH NAME MICR CODE ACCOUNT TYPE ACCOUNT NUMBER

: .

I hereby declare that the particulars given above are correct and complete. If the transaction is delayed or not effected at all for reasons of Incomplete or incorrect information, I would not hold the user institution responsible, I hereby authorise my Bank (as mentioned above) to debit my above mentioned account with the amount of instalment & I agree to discharge the responsibility expected of me as a participant under the scheme.

Date : .

(.) Signature of the Customer

Certified that the particulars furnished above are correct as per our records. Banks Stamp : Date : (.) Signature of Bank Official NOTE : PLEASE SEND US A BLANK CANCELLED CHEQUE Please Sign in place, where x is marked

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