Application Form

International Banking for Non-Resident Indians

Thank you for your interest in opening a Non Resident India Account with Standard Chartered Bank, India. To allow us to
open your account in a smooth manner, you are requested to please follow the information provided below as incomplete
information or missing documents may cause delay in your account opening.
Now open a NRI banking account with 5 simple steps:

1. Download and fill-up the application form.

2. Take note of the list of documents to be couriered with the application form.
3. Sign the application form at all relevant places and affix photographs wherever required.
4. Visit the Standard Chartered Branch/ other Bank Branch/ Notary Public/ Embassy for attestation of signatures in the
application and attestation of Identification documents..
5. Courier the completed application form along with the required documents.

A. Important Information:
· You may open either NRE (Non Resident External) or NRO (Non Resident Ordinary) Savings Bank account or both,
using a single application by making appropriate selection on Page no. 6.
· If you already have a Resident Indian (Domestic) account and wish to open a NRE/NRO account, then your existing
account will need to be converted into NRO. In order to convert your existing domestic account into NRO account,
please provide your existing account details and inform your Relationship Manager for the conversion along with the
NRI application form, attested copies of documents as per KYC documents table provided below and ‘Resident to
NRO conversion’ declaration.
· If you already have either NRE or NRO Savings Bank account with us and wish to open a new NRO/ NRE Savings
Bank account, then fresh KYC documents and attestation of documents as mentioned below needs to be completed
only if the existing account is not active and not KYC compliant

B. Guidance for filling Non-Resident Account opening Application Form:

· Please fill up all the fields in BLOCK letters and use Black ink for signature. Please do leave one box blank between
two words.
· Complete all sections of this application form; please authenticate corrections/ alterations if any with full signature in
the account opening application.
· Name and signatures in application and all KYC Documents should be legible and same.

C. Documents to be sent along with the account opening Application:

· Proof(s) for NRI status, Identity, Current Address, Permanent Address and PAN Proof as per documents table below.
· Attach the following documents for each applicant.

In case you are not visiting our Standard Chartered Branch in India for account opening, then you are required to
get the signatures in the application and KYC Documents attested by any of the below from your present country
of residence: Standard Chartered Branch / your existing foreign banker (wherever it is permitted to attest)/ Notary
Public/ Embassy.

D. Identification Documents (Please provide certified translated copy of proof wherever it is in foreign language)
One passport size To be affixed in the application form, wherever required. To be signed across by
coloured photograph customer
Proof of Identity Copy of Passport pages containing photograph, personal details.
Proof of Residency Anyone of the following:
Status in country of 1) NRIs (Indian Passport holders) – any one of the following:
residence a) Valid Visa/ Work Permit.
b) Permanent Resident Card.
Please note: Singapore residents need to submit photocopy of NRIC or Employment
Pass or Dependant Pass or Work Permit.
OR
2) Foreign Passport Holders (PIOs / OCIs) – any one of the following:
a) Person of Indian Origin (PIO) or Overseas Citizen of India (OCI) Card.
OCI / PIO card can be optional if the passport contains the place of birth as
INDIA/ mentions name of a place in India.
b) Any document which proves customer's Indian origin including proofs of
parents/ spouse/ grand parents
PAN (Permanent Copy of Permanent Account Number (PAN) / Form 60 (in absence of PAN)
Account Number)
Address Proof Any one of either current overseas residence address or permanent address. In case of
permanent address, the mailing address has to be the current overseas residence
 PLEASE DO NOT SIGN THIS FORM UNLESS A˜x the Bar code sticker her
e
IT IS COMPLETED IN ALL RESPECTS.

Fill in BLOCK Letters

Please tell us about yourself

Other (please specify)

First Name

Middle Name

Last Name

Country of Birth
D D / M M / Y Y Y Y

PAN Number Available

(If yes, please pr
ovide the number):

*Note - As per the amendment by the Income axTDepartment, Bank will not be able to generate TDS certiÿcate for your accounts (held with Standard Chartered Bank, India)
from the Tax Information Network in case yourAN
P is not updated with the Bank
Telephone Number (Country code is mandatory)

(Country code)

Are you an existing Standard Chartered Bank customer

Yes (Please provide your account/car

d number)
Existing Account Number Existing Car
d Number

No (Please complete the ÿelds below)

PAN Card Other (please specify)

Identity Document Number

Third Gender Other (please specify)

Undergraduate Other (please specify)

Other (please specify)

Residence Status: Non Resident Indian
Number of Dependents Country of Residence

Residential Address

Landmark*

City

State

Country

Pin code

*Compulsory in case of P.O.Box address Version-May 2017

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Permanent Address (if different from resident address)

Landmark*

City

State

Country

Pin code
*Compulsory in case of P.O.Box address

Type of Residence
Self owned Company Provided Rented Paying Guest Accomodation Other (please specify)

Duration of stay at Current Residence -

Y Y M M

Nature of Employment Salaried Self Employed Other (please specify)

Employee ID Duration at Current Organisation/ Business

Y Y M M

Other (please specify)

Occupation/ Designation

Employer/ Business Address

Landmark*

City

State

Country

Pin code
*Compulsory in case of P.O.Box address

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Preferred Address for communication
Residential Address Permanent Address Office Address Other Address (please specify below)

Landmark*

City

State

Country

Pin code
*Compulsory in case of P.O.Box address

Communication address for Tax Deduction (TDS) Certificate, where applicable

Residential Address Permanent Address Office Address Other Address (please specify below and substantiate with address proof)

Landmark*

City

State

Country

Pin code
*Compulsory in case of P.O.Box address

Only one TDS certificate is issued across all linked accounts and will be sent to the address chosen here. This will override the previously indicated TDS address on linked
accounts.

Telephone Number (Country code is mandatory)

Home Permanent

Country code Country code

Office

Country code
Fax

Country code

Email Address (Please provide your primary email address)

Annual Income `

Would you like Standard Chartered to contact you or send communication material regarding our sales offers to you through telephone , SMS or email

Signature of Applicant

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Purpose of Account opening
Savings Investment Transactions Other (please specify)

Source of Funds
Salary Business Investment Inheritance Other (please specify)

2 Which account would you like to apply for?

Savings

NRE Savings Account NRO Savings Account NRE Employee Banking Account Other

Current Account
NRE Current Account NRO Cur rent Account Other

How would you like to fund your account

Cheque Cash Debit my Standard Chartered account

Total Amount `

3 Would you like a joint account?

Yes (please complete the section below) No (please go to section 4)

Mode of Operation
Either or Survivor Joint Other (please specify)

Relationship to main applicant

Salutation / Title Mr Mrs Ms Other (please specify)

Full Name

First Name

Middle Name

Last Name / Sur name

Date of Birth
Country of Birth
D D / M M / Y Y Y Y

PAN Card Available

(If yes, please p or vide the number):

Telephone Number (Country code is mandatory)

(Country code)

Are you an existing Standard Chartered Bank customer

Yes (Please pr ovide your account/card number)

Existing Account Number Existing Card Number

No

Type of Identity Document

Passport Driving License PAN Card Other (please specify)

Identity Document Number

Third Gender Other (please specify)

Undergraduate Other (pleasespecify)

Residence Status

Resident Indian Non-Resident Indian

Country of Residence

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Residential Address

Landmark*

City

State

Country

Pin code
*Compulsory in case of P.O.Box address

Telephone Number (Country code is mandatory)

Home Permanent

Country code Country code

Office

Country code
Fax

Country code

Nature of Employment
Salaried Self Employed Other (please specify)

Employee ID

Nature/ Type of Business

Other (please specify)

Occupation/ Designation

Would you like Standard Chartered to contact you or send communication material regarding our sales offers to you through telephone, SMS or email

Yes No Signature of Joint Applicant

4 Please consider these valuable services

(If opting for an instant account, please ensure that you receive a welcome kit that contains your cheque book and that you acknowledge receipt of the same)

For Main Applicant

Type of card Platinum Dabit Card Other (please specify)

Name as it should appear on the Card (minimum of 5 to maximum of 21 characters)

1
Statement Type Physical Statement Electronic Statement
1
If only electronic statement is selected, no physical statement will be sent; however the same will be provided on request through Phone Banking.

Summary statement of accounts (Consolidated statement) Yes No

Online Banking Yes No

Mobile Banking Yes No

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 For Co-Applicant

Debit Card Yes No

Type of card Platinum Debit Card Other (please specify)

If yes, please provide the name you would like to appear on the Debit Card (minimum of 5 to maximum of 21 characters)

Online Banking Yes No

Mobile Banking Yes No

Would you be interested in signing up for the following products

Term Deposits Yes (Go to Section 6) No

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 5 Term Deposits

Which type of Term Deposit you would like to apply for?

NRO Deposit NRO Re-investment Deposit NRE Deposit NRE Re-investment Deposit

FCNR Deposit Other

Currency (if FCNR Deposit)

JPY USD GBP AUD CAD EUR

Tenure Years Months Days

Amount

In Numbers

In Words

Instructions on Interest Payment

Credit to Account Capitalize with Principal

Renewal Instructions
Renew Principal and Interest Renew only Principal Do not renew

Payment Instructions

Credit Standard Chartered Bank A/C number Issue Pay Order in the name of (any of the A/C holders only)
“Demand Draft charges applicable”

Full Name

First Name

Middle Name

Last Name / Sur Name

Account into which Principal and Interest is to be credited

How would you like to fund your account

Cheque Cash Debit my Standard Chartered account

Funding Amount
Premature withdrawal of the Term Deposit shall be subject to penalty of 1% on the interest rate payable for the tenure the deposit has been held with the bank.
There is no interest payment in case of premature withdrawal of the NRE/FCNR Term Deposit before the completion of the minimum tenor (1 Year). In the case of premature withdrawal of NRE term deposits for conversion
into Resident Foreign Currency (RFC) Account, the bank would not levy any penalty for premature withdrawal.
In the event of death of the depositor, premature termination of term deposits will be allowed subject to completion of documentary formalities as required. Such premature withdrawal would not attract any penal charge.
In case of a premature partial break of Term Deposit/s, the Deposit will be broken for the exact amount required, in multiples of Re 1. The remaining/residual balance in Term Deposit will not continue to earn interest as per
the initial contracted rate of interest but shall be revised to a new interest rate applicable for residual balance. The “interest rate” applicable shall be as per the deposit effective date. The revised rate shall be applicable on
remaining/residual balance for the entire term of the deposit & not from the date of partial premature break. In such a case, no new Term Deposit shall be created. Hence deposit effective date & maturity shall remain the
same & will not change at the time of premature partial break
The bank reserves the right not to allow premature partial break in certain Term Deposits booked under preferential rates. For such Term Deposits entire amount shall have to be prematurely broken
In case of NRO Deposits / NRE Deposits, interest will be credited to the account at the end of the quarter.
In case of NRO / NRE Reinvestment Term Deposits, interest will be capitalised at the end of the quarter.
In case of FCNR Deposit, interest will be capitalised every 180 days.
In case of term deposit accounts held jointly with “Either or Survivor” or “Former or Survivor” mandate, in the event of death of any joint holder, premature termination of term deposits would be allowed as per
mandate signed by all joint holders to this effect and provided to the Bank.

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 6 Customer Introduction

For Current / Savings Account:

Name of introducer

First Name

Middle Name

Last Name / Surname

Account number

Signature
I confirm that I have been an account holder with Standard Chartered Bank for over sixmonths.
I confirm that I personally know the applicant(s) detailed below for more than six months and Date
confirm his/her identity, occupation and address.
D D / M M / Y Y Y Y
For Employee Banking Savings Account:
Name, residential address, income and all other details in this Account Opening Form of our employee,

Country

are as per details maintained in our Company Records. For and on behalf of
Authorised Signature

Date

D D / M M / Y Y Y Y

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 7 Nomination

Form DA 1 Nomination under section 45ZA of the Banking Regulation Act 1949 and Rule 2(1) of the Banking Companies (Nomination) Rule 1985 in respect of Bank deposits.

Yes ( I wish to avail of the nomination facility6)

No ( the benefits of the nomination facility have been explained to me. I am not interested in making a nomination. Kindly open the account.)
6
If yes, please complete the fields below.
Would you like the name of your nominee to be printed on the deposit confirmation advice and statement of accounts sent to you and on the passbook
used by you?
Yes No

I/We nominate the following person who, in the event of my/our minor’s death, will receive the amount of the deposit in this account which is being opened
as per this application request:

Full Name of the Nominee

First Name

Middle Name

Last Name / Surname

D D / M M / Y Y Y Y
(Mandatory)

Relationship with the applicant

Address of the nominee (If different from the address provided in the application form)

Country

** As the nominee is a minor on this date, I/we appoint

Guardian’s Name

First Name

Middle Name

Last Name / Surname

City

State

Country

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to receive the amount of the deposit on behalf of the nominee in the event of my/our minor’s* death until the nominee comes of age.

Signature of Main Applicant Signature of Joint Applicant

If the account is in more than 2 names, do not complete this nomination form butcomplete the nomination form in the supplementary account opening form.

Nomination Facility : Only if customer is using a thumb impression in the nomination section; two witness details are required. However, if the applicant has signed in the nomination section then
the witness details are not required to be filled up.

First Name Middle Name Last Name / Surname

D D / M M / Y Y Y Y

First Name Middle Name Last Name / Surname

D D / M M / Y Y Y Y

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8 Would you like to open an investment services account?

If Yes then please complete the section "Investment Services Enrollment Form"

9 Declaration for difference in signature (Annexure 9)

Date

To

The Manager
Standard Chartered Bank
(Branch Name)

Sir,

Ref: Change in my signature

With reference to my (document name) bearing reference number (document number)

and the account opening form I have submitted herewith, I request you to record with yourselves my specimen signature as below:

while the signature recorded in the (document name) is

This difference in signatures is because

Yours faithfully,

(Name & Signature of customer)

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 11 Declaration

iBy signing this application, you

1. represent and warrant that all information (including any documents) you have given to us in connection with the application is correct, complete and not misleading. (If this
is not the case you may be personally liable including account closure.);
2. confirm i) being persons of Indian origin not residing in India;
3. understand that the account/deposit will be opened on the basis of statements made by you;
4. confirm that your residential status as per Indian Income Tax Act 1962, is Non Resident Indian and you agree and undertake to inform us in writing of any change in residential status;
5. undertake to strictly operate and use the account/deposit and the said banking facilities in accordance with the Exchange Control Regulations as laid down by Reserve Bank of India (RBI) or any other
authority from time to time;
6. understand and agree that the deposits and their payments are governed by the law in effect from time to time in India and the deposit will be payable only at the Branch in India where the deposit is
placed. We shall have the sole discretion to allow the withdrawal of the deposit at any other Branch in India. We shall not be liable to pay the proceeds of the deposit at any Branch or Office (including
the Head Office) outside India. In the event of any failure on our part to comply with all or any of the guidelines/rules/law laid down by RBI, the Bank, Government of India or any other duly constituted
regulatory body or authority, we agree to forfeit all our rights to the account/deposit and the said banking facilities and further agree to be debarred from holding/operating and using the
account/deposit and/or the said banking facilities. In the event of any default or breach committed by you of any of the aforesaid provisions, guidelines, rules, indemnity, terms and conditions or any
law of statute, you shall indemnify us of any loss or damage that may be caused to it. We may adopt such action, as it deems fit on the happening of such event;
7. authorize us to verify any of the information you have given to us or your credit standing from anyone we may consider appropriate (such as an authority or Credit Information Company);
8. authorize us to authenticate any Credit Card or loan details that you may have given us as part of the account opening form, including conducting test authorizations with the issuer of that Credit Card;
9. hereby authorize us to inform the details of your transactions including the default of payment that may occur to any card issuers in India, Reserve Bank Of India or to any authorized dealer of Foreign
Exchange or Merchant as we deem fit and proper without obtaining any further oral or written consent from you
10. acknowledge that we may decline your application. If this happens, no contractual relationship will arise between us, and we reserve the right to retain the documents you submitted to us with your
application;
11. confirm and agree that we may give any information in connection with this application (including your personal information) to any service provider (whether located in or outside of India) for the
purposes of providing any service to you in connection with this application (including data processing);
12. agree that you will inform us when there is any change in your occupation, employer, change in mobile number or the status of your residency in India. If we ask, you will also give us the documents to
prove such a change;
13. declare that you will use the loan as described in the loan agreement you have applied for (“Loan”) strictly for the purpose stated in this application form and not for any speculative or antisocial
purpose;
14. consent to each of Standard Chartered PLC and its subsidiaries and affiliates (including each branch or representative office) (“Standard Chartered Group”) its officers, employees, agents and
advisers disclosing information relating to you (including details of the accounts, products or any security interest) to:
a. our head office and any other member of the Standard Chartered Group in any jurisdiction (“permitted parties”);
b. professional advisers, service providers or independent contractors to, or agents of, the permitted parties, such as debt collection agencies, data processing firms and correspondents who are
under a duty of confidentiality to the permitted parties;
c. any actual or potential participant or sub-participant in relation to any of our obligations under our banking agreement between us, or assignee, novatee or transferee (or any officer, employee,
agent or adviser of any of them);
d. any credit reference agency, rating agency, business alliance partner, insurer or insurance broker of, or direct or indirect provider of credit protection to, or any permitted parties;
e. any court, tribunal or authority (including an authority investigating an offence) with jurisdiction over the permitted parties;
f. a merchant or a member of a card association (for instance, Visa or MasterCard) where the disclosure is in connection with use of a card;
g. any authorized person or any security provider;
h. anyone we consider necessary in order to provide you with services in connection with an account;
15. declare that all foreign exchange transactions entrusted to us from time to time do not involve and are not designed for the purpose of any contravention or evasion of the provisions of the Foreign
Exchange Management Act, 1999 or any rule, regulation, notification, direction or order made under that Act. You also agree to give us any information or document as will satisfy us about the purpose
of a transaction. You also understand that if you do not fully comply with any requirement, we can refuse to undertake a transaction and may report the matter to RBI. Relying upon this declaration, we
may not insist on your giving specific further declarations for future foreign exchange transactions.
16. confirm that no insolvency/bankruptcy proceedings have been initiated against you nor have you ever been adjudicated insolvent;
17. confirm that you have received, read and understood our Customer Terms and the applicable documents referred to in Part A of our Customer Terms including but not limited to rules and regulations of
the Bank including Bank’s tariff regarding the conduct of the account/deposits and pertaining to Phone Banking, ATM, Debit Card, Internet Banking and Electronic Banking facilities (collectively called
“the banking facilities”) which are available at any of our branches or on our website at www.standardchartered.co.in and you agree to be bound by them. You acknowledge that you are bound by any
variation we make to these documents, in accordance with our banking agreement. In particular, you understand that by entering into our banking facilities you give indemnities, authorizations,
consents and waivers and agree to limitations on our liability;
18. represent that if you are applying to open an account for a minor, you declare that you hold all and any monies in the account (including all principal payments into the account, all interest and income
earned from the date the account was opened) in trust, for the benefit of the minor absolutely and you will refrain from doing any act or thing which will contradict, negate or diminish the effect of this
declaration of trust.
19. confirm that you have received, read and understood our loan agreement governing your Loan;
20. confirm that you are not related to any of our directors and senior officers and that you are not related to any director of any other banks in India. You further confirm that if you are applying as a
partnership firm, none of the partners in your firm are related to any of our directors and senior officers and are not related to any director of any other bank in India. If you are applying as a company, you
confirm that none of your directors are related to any of our directors and senior officers and are not related to any director of any other Bank in India;
21. hereby consent, agree and authorize us to disclose information and data relating to you, information of the credit facilities availed by you and/or any information relating to default if any committed by
you in discharge of your obligations;
22. understand the continuation of the account is at the sole discretion of the Bank and in case we are dissatisfied with the conduct of the account, we have the right to close the account after giving you 30
days notice or withdraw the concessional charges in all or any service charges you or charge Standard Chartered Bank applicable rates for such services.;
23. understand that we reserve the right to recall the facility, enforce security and guarantees, if any, and appropriate proceeds thereof towards the outstanding and recover the balance from you, if any, or
close the account in case required documents are not provided by you;
24. confirm that the contact preference as chosen by you in the form will be effective 60 days from the date of account opening / change request and will supersede any contact preference already
registered with us for any product; and
25. if you are applying for any Insurance Product, you agree to be bound by the terms and conditions applicable to that product which are made available to you separately
26. agree that we may receive a free from the insurers if you apply for any of their plans offered in connection with the corresponding products.
27. agree to provide to us such further documents as may be required from time to time to comply with the Know Your Customer (KYC) requirements of the Reserve Bank of India and the Bank. You further
understand that we reserve the right to close the account in case the so required documents are not provided by you.;
28. Understand that on subscribing to Internet Banking and/or Short Messaging Services (SMS) Banking services you will be getting alphanumeric SMS messages related to these services, which
may include Internet Banking activation code and/or SMS Banking PIN, on you mobile number/s provided to us. You authorize us to send you all SMS messages, including activation code/PIN, related
to these services on my/our mobile number/s. You agree that the risk of non-receipt and/or disclosure of all such SMS messages shall be fully borne by you. You also confirm and agree that we shall not
be held responsible in any way for any losses that may be suffered by you as a result of direct attacks and/or disturbance(s) technical or otherwise in the cellular network, Phishing & non-receipt and/or
disclosure of the SMS messages to an unauthorized third party;

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29. authoriseus to share monthly detailsof the credit facilitiesprovided to you with credit information companies(CIC).Suchdetailsincludethe amount of moniesyou owe us (even if you disputethe
amount owedor haveentered into agreementwith usto settlethe amount owed) and your repaymenthistory. We will alsoget detailsof credit facilitiesgiven to you by other ÿnancialinstitutionsfrom
the CIC.We will usesuchinformation to determinewhether we will give you additionalcredit facility. If you have regularisedan accountwith us,we will updatethe CIC.If you applyto us for a credit
facility,we will guideyou towardsgetting acopyof your credit informationreportfrom the CIC.Suchreportwill showonly your credit positionprovidedby the CIC.
30. authorizeus to recoverany tax,penalty and leviesfrom you that may be levied or demandedfrom the Bankdue to non-generationof TDScertiÿcateon accountof PAN not provided by you. The
demandwouldbe recoverableby way of directto the accountor anyother mode,immediatelyon demandfrom the Bank.

31. understand and agree that the deposits and their payments are governed by the law in e°ect from time to time in India and eposits
the d will be payable only at the branch in India where the deposits
are placed. Bank shall have the sole discretion to allow the withdrawal of the deposits at any other branchBank in India.
shall not be liable to pay the proceeds of the deposits at any branch or o˛ce
(including the Head O˛ce) outside India. In the event of any failure on our part to comply with all or any of thelines/rules/law
guide laid down by RBI, the Bank, Government of India or any other duly
constituted regulatory body or authority, we shall indemnify the Bank of any loss or damage that may be caused Banktomay
it. adopt such action, as it deems ÿt on the happening of such event

Joint Applicant
Joint Applicant (Signatur
e)

D D / M M / Y Y Y Y D D / M M / Y Y Y Y

Account Number
Mode of Operation
Either or Survivor Joint Other (please specify)

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 For Bank use only

Common

Acquisition Code Source/ Channel Code

DSA Code DSA ID Sourcing ID

Referring ID Closing ID Promotion Code

ARM Code Reference Channel Occupational Code

Unique to CASATD

Branch Code Product Code Sub-product Code

CRM Code Corporate Relationship ID

Corporate Category
A B

Deposit Details

CASA

Term Deposit

Cheque Details

Cheque Number Dated Drawn On Amount

Unique to Credit Card

Product Code Company Code

MID ID LEZ Code

Corporate ID Bank Calling Done

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 Customer ID allotted

Account Numbers allotted

Recommended by Approved By

Signature of Sourcing Staff Signature of Credit Officer Signatue of Reviewing Officer

PSID of Sourcing Staff PSID of Credit Officer PSID of Reviewing Officer

Name of Sourcing Staff Name of Credit Officer Name of Reviewing Officer

Date Date Date

D D / M M / Y Y Y Y D D / M M / Y Y Y Y D D / M M / Y Y Y Y

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 Investment Services Enrollment Form
(For Individuals)
Please tell us about yourself

Preferred Processing Type Mode of Holding (Investment Services Enrollment)

Electronic Paper Both (Paper and Electronic) Single Either or Survivor Joint
incase opting for Electronic refer to Terms and condition of Electronic
Behalf of Minor
Main Applicant
Salutation / Title Mr Mrs Ms Other (please specify)
Main Applicant Mailing Address
Full Name
First

Middle

Last

City Pin Code

Date of Birth
State

Place of Birth Country

PAN No. Country of Residence

Guardian’s Full Name (In case first applicant is a minor) Nationality

First

Telephone Number (At least one telephone number is mandatory.)

Middle

Tel No.
Last
Country Code STD Code

9 1
Mobile No.
Relationship with Main Applicant :
I wish to Receive summary of our investment(s) on the below mentioned
Joint Applicant 1 email address (I hereby confirm having requisite knowledge and
First
experience in using online / electronic / Non-physical mediums)
Middle Email Address

Last

Date of Birth Bank Details for Standard Charterd Bank Accounts Only
Bank Name : Standard Chartered Bank

Place of Birth Bank Account No.

PAN No. Branch

Joint Applicant 2
First

Middle
City
Last
Account type Savings Current NRE NRO FCNR Other

Date of Birth

Place of Birth

PAN No.

2 Status

Resident Non Resident Indian Person of Indian Origin (PIO) US Green Card Holder Other (please specify)

3 Non Resident Indians / Person of Indian Origin (PIO) Declaration

For Non Resident Indians investing through Standard Chartered Bank, India –
I/We have met/ spoken to the Concerned relationship manager of Standard Chartered Bank in India and conform that I/We will be executing Transactions - during the
course of our stay in India and in due compliance with applicable local laws and regulations and also I/We execute any transaction from our country of residence I/we
confirm that the same would be in due compliance with the applicable local laws and regulations in my country of residence.
For Non Resident Indians investing through Standard Chartered Bank office outside India –
I/We have met/ spoken to the Concerned relationship manager of Standard Chartered Bank in my country of residence and confirm that we are making this Transaction -
in due compliance with applicable local laws and regulations in my country of residence.
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 4 For Applicants Investing through appointed Power of Attorney in Standard Chartered Bank, India

Please complete if applicable –

I/We herewith declare and confirm that, MR/MRS ________________________________________________________________________________ is appointed as my/our Attorney
vide Power Of Attorney dated : ______________________ and my/our attorney willbe executing Investment transactions on my/our behalf in India and with due compliance of all
applicable laws and regulations. My/Our Attorney shall execute Investment transactions on the basis of my/our risk profile only. My/Our Attorney shall keep Standard Chartered
Bank informed of any change in my/our circumstances which would impact my/our risk profiling with Standard Chartered Bank. I/We shall not hold Standard Chartered Bank
responsible and/or liable for any loss/liability arising out of or relating to the investment transactions made by my/our Attorney on my/our behalf.

5 Declaration

For all applicants

I/We hereby declare that the information furnished by me/us in the above application is true, correct and complete and no material information has been withheld/suppressed.
I/We hereby confirm to have read and understood the prospectus and latest report on the securities, funds or other investments which is the subject of the information provided
herein. I/We also acknowledge that the information given by Standard Chartered Bank (‘SCB’) has been derived from sources believed to be reliable but no guarantee is given
concerning its accuracy/completeness.
I/We agree to abide by the terms and conditions, rules and regulations governing the funds.
I/We understand and agree that SCB does not guarantee or commit any return on any of the investment opportunities and that the value of investment can go up as well as
down.
I/We confirm that I/We have been advised to seek independent financial advice before taking a decision to invest in any securities, funds or other investments upon which
information is given herein.
I/We confirm that I/we have not received and will not receive any commission or brokerage or any other incentive in any form, directly or indirectly, for subscribing to any fund.
I/We understand that to serve me/us better, SCB will be employing its global facility for processing customer related data overseas and this will enable SCB to provide me/us
current/historical data more efficiently.
I/We hereby consent to SCB sharing the information about my/our account(s) with its group companies and vendors.
I confirm that I am an account holder of Standard Chartered Bank and my existing account No. is as mentioned above. I hereby confirm that all the information given to the Bank
including KYC documents in connection with the Bank Account are correct and complete and shall be considered for opening the Investment Account.
I/We hereby consent to Standard Chartered Bank [India] (the ‘Bank’), its officers and agents disclosing information relating to me/us and my/our account(s) and/or
dealingrelationship(s) with the Bank, including but not limited to details of my/our facilities, any security taken, transactions undertaken and balances and positions with the
Bank, to:
(i) The head office of the Bank and any other member of Standard Chartered Group in any jurisdiction (the ‘permitted parties’);
(ii) Professional advisers, service providers or independent contractors to, or agents of, the permitted parties, such as debt collection agencies, data processing firms
andcorrespondents who are under a duty of confidentiality to the permitted parties;
(iii) Any actual or potential participant or sub-participant in relation to any of the Bank’s rights and/or obligations under any agreement between us, or assignee, novatee
ortransferee (or any officer, employee, agent or adviser of any of them);
(iv) Any credit information company, business alliance partner, rating agency, insurer or insurance broker of direct or indirect provider of credit protection to any permitted
party;
(v) Any court or tribunal or authority (Including an authority investigating an offence) with jurisdiction over the permitted parties;
(vi) Anyone we consider necessary in order to provide you with services in connection with an account;
I/We affirm that, the Board of Directors of the Company/the Board of Trustees of the Trust/the necessary quorum of Partners of the Firm/I, in my/our capacity as the Karta of the
HUF / in my capacity as the Guardian, (please cancel as appropriate) has/have obtained independent legal, regulatory, tax, business, investment, financial and accounting
advice, and carefully considered and understood the nature and risks of the following types of transactions and believed that the transactions are appropriate for, and in the
commercial interests of, the firm/ trust.
I acknowledge and understand that this document contains a brief summary of some (and not all) of the product terms, features and risk disclosures and is not meant to be an
exhaustive summary. I have read and understood the Customer Terms, Current/Cheque/Saving Account and Time Deposit Terms, Investment Product Terms and the Risk
Disclosure Statement applicable to this Investment. I understand that I should seek independent legal and/or financial advice regarding the product, if I deem it necessary. I also
confirm that I have received, read and understood the term sheet(s) and/or fact sheet(s) of the above-mentioned investment.
I/We understand that, a PAN is required to be quoted for mutual fund investments for all unit holders and that where a PAN is quoted, a self attested and verified copy of the
same is required.
I/We further understand that, I/We need to comply with the KYC formalities for investing in mutual funds and proof of the completion of KYC formalities is also required. I/We
confirm having complied with these requirements.
I/We also understand that from time to time, any and all the changes in the regulatory guidelines shall be applicable to my/our investments.
I/We understand and agree that my/our investments will not be processed in case I/we do not comply with these requirements.
The asset management companies may refer to the Applicant’s mailing address details as updated with CDSL Ventures Limited (CVL)/ CVLKRA. SCB India will refer to the
contact details as updated in its records. In case there are any changes in the contact details as provided to SCB India, the Applicant/s should contact SCB India’s Relationship
Manager or its Branch for assistance.
I/We the applicant(s) hereby request Standard Chartered Bank (“the Bank”) to open an Investment Account with the Bank. The Applicant(s) will purchase, hold, subscribe to,
transfer, switch and redeem from time to time units of Mutual Funds vide separate and specific instruction and the Bank will execute the said instructions on the terms and
conditions mentioned herein.
I/We the applicant(s) acknowledge that the Bank reserves the right to process the purchase instructions given by the applicants only after sufficient funds to cover the purchase
price and other costs and charges have been received by or are available in the Investment Account with the Bank.
I/We the Applicant(s) hereby authorize the Bank to send my/our instructions given to the Bank to the Fund House through electronic/online/offline and the Bank will not be held
responsible for any delay or non-execution of the instructions due to technological issues.
I/We the applicant(s) acknowledge that the Bank may, in its discretion, not carry out my/our instructions of the Applicant(s), where the Bank has reason to believe (which
decision of the Bank shall not be questioned / disputed by the Applicant(s)) that the instructions are not genuine or are otherwise improper or unclear or raise a doubt.
I/We the Applicant(s) agree(s) to indemnify the Bank against any improper/fraudulent instruction purported to be received from the Applicant(s).
I/We acknowledge that if I/we were to switch products directly with the external product provider without notifying the Bank or withoutReassessment through the Suitability
Assessment, the new products may not be suitable for me/us.
I/We have provided information on myself/ourselves. I/We understand that the Bank will identify product for my/our independent evaluation based on the information provided
and that inaccurate, incomplete or outdated information may affect such identification.
I/We the applicant(s) acknowledge the Applicant(s) expressly agrees(s) and acknowledge(s) that the Bank is only a service provider and not acting as agent in offering this
Service and any information contained in the Bank’s brochure or other material or otherwise communicated by the Bank shall not be construed by the Applicant(s) as
investment advise and that all decisions to purchase or sell units/securities made by the Applicant(s) shall be on the basis of the own personal judgment of the Applicant(s)
arrived at after due consideration and, if so deemed fit by the Applicant(s), pursuant to the Applicant(s) consulting his/her/their own external investment consultant.
I/We herewith understand and confirm that all Communications, Statements relating to the Mutual Fund will be sent to the Applicant(s) directly by the Fund House and Bank will
not be responsible receipt/loss of the same.
I/We the Applicant(s) expressly agree(s) and acknowledge(s) that the process of KYC registration is done by the Fund House, being the KRA. The Applicant(s) understand that in
case the KYC is not registered in the folio, Applicant(s) may not be able to do further purchase/switch in the respective folio or with any other Mutual Funds.
I/We herewith understand and confirm that all disputes and difference arising out of, under or in connection with the Investment Account, KYC registration or anything done in
connection therewith shall be taken up with the Fund House directly within the exclusive jurisdiction of the courts only in the city of the Registered Office of the Fund House in
accordance with the laws prevalent in force in India.
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 Know Your Investment Risk (KYIR) - Mutual Fund

Investment Risk
Mutual Funds are subject to investment risks, including the possible loss of your principal amount. Past performance is not an indication of future performance. The value of any
investments and income generated is not guaranteed and will fluctuate over time.
Foreign Exchange Risk
You should be aware that your investments may be negatively affected by foreign exchange risk if you hold funds that invest in assets denominated in foreign currencies.
Forward Pricing Basis
The price of Mutual Funds quoted is indicative as it is determined after, not before, respective market(s) close for the day.
Sales Charges
You should be aware that sales charges will apply. In addition, an annual recurring fee which includes fund management and administrative fees will be charged by the fund
house.
Cut-off Time for Mutual Fund Transactions
Mutual Fund transactions including sale, purchase, switching and redemption of funds will only be transacted on the same business day if the order is received before cut-off
time. Otherwise the transaction will be executed the following business day.
Investment in Emerging Markets
Emerging market investments may be more volatile than investments in more developed markets. Some emerging markets may have relatively unstable governments,
economies based on only a few industries and securities markets that only trade a limited number of securities as well as a high concentration of investors and financial
intermediaries. These factors may adversely affect the timing and pricing of a fund's acquisition or disposal of securities. Many emerging markets do not have well developed
regulatory systems and disclosure standards may be less stringent than those of developed markets. There may be an increased risk of expropriation, confiscatory taxation or
nationalisation of your investments and any profits you make on them; social, political and economic instability; and in addition to withholding taxes on investment income,
some emerging markets may impose different capital gains taxes on foreign investors. Repatriation of investment income, capital and the proceeds of sales by foreign investors
may require governmental registration and/or approval in some emerging markets and may be subject to currency exchange control restrictions.
Brokers and counterparties in emerging markets may be less well capitalised and custody and registration of assets in some countries may be unreliable, increasing the risks
involved in the settlement of transactions. Delays in settlement could result in investment opportunities being missed if a fund is unable to acquire or dispose of a security.
In addition to the foregoing general risks, there may be additional risks associated with specific emerging market countries from time to time which may change over time, either
by increasing or by diminishing. Furthermore, new risks currently not anticipated may arise in the future in connection with specific countries and/or geographic regions.
Investors should therefore consult with their qualified financial advisers as to the relevant risks associated with various markets at the time they are considering investing in an
emerging market fund.
Difference between Capital Guarantee and Capital Protected Funds (If applicable)
Capital guaranteed funds offer a guarantee on your capital by a credible financial institution. Capital protected funds invest in relatively stable financial instruments to protect
the capital but offer no capital guarantee.
Potential risks of Exchange Traded Funds (ETFs)
Although ETFs are designed to provide investment results that generally correspond to the price and yield performance of their respective underlying indices, ETFs may not be
able to replicate exactly the performance of these indices because of expenses and other factors. ETFs are subject to risks similar to those of stocks, that is, investment returns
will fluctuate and are subject to market volatility such that your shares, when redeemed or sold, may be worth less than your original investment. Foreign ETFs may incur greater
risks than domestic ETFs.

Terms and conditions for the Wealth Management Electronic Investment Transacting Process

1. Definitions:
Unless the context otherwise requires, the following expressions shall have the meaning assigned to them:
a) ‘Asset Management Company’ or ‘AMC’ means the Asset Management Company whose Mutual Fund Units are distributed by the Bank to the Customer
b) ‘AMFI’ means Association of Mutual Fund of India.
c) ‘Bank’ means Standard Chartered, a banking company incorporated with limited liability in England by Royal Charter, 1853, whose principal office is located at
1 Basinghall Avenue, London, EC2V 5DD and which operating in this presents through its office at Standard Chartered Towers, 201 B/1, Western Express Highway,
Goregaon (East), Mumbai – 400 053.
d) ‘Customer’ means an existing accountholder of the Bank who is desirous of availing the WMEITP provided by the Bank relating to investments in Mutual Funds.
e) ‘Mutual Fund’ or ‘MF’ means, a trust set up under the provisions of the Indian Trusts Act, 1882 and registered with SEBI under SEBI (Mutual Funds) Regulations, 1996.
f) ‘Offer Document’ means any document by which the Mutual Fund invites public for subscription of Units of its Scheme(s).
g) ‘Registrar’ means any person or entity appointed by the AMC/Trustees to manage all aspects of or related to investor servicing for the Scheme(s) of the Mutual Fund.
h) ‘Regulatory Authority’ means and includes SEBI, The Reserve Bank of India and/or any other authority appointed by the Indian Government or under Indian laws from time
to time to regulate and control Mutual Funds.
i) ‘Scheme’ means any scheme formulated and floated by the Mutual Fund from time to time and shall mean each individual scheme of the Mutual Fund and the provisions
hereof shall apply to each scheme individually.
j) ‘SEBI’ means The Securities and Exchange Board of India.
k) ‘Transaction’ means execution of the Customer’s transaction instruction in a scheme of a Mutual Fund, including purchase, redemption, re-investment, switch, etc.
l) ‘Unit’ means the interest of the investors in the Scheme, consisting of each Unit representing one undivided share in the assets of that Scheme as evidenced by a unit
certificate/account statement.
m) ‘Unit Holder’ means a participant who is a registered holder for the time being of Unit(s) of the Scheme(s) of the Mutual Fund, including persons jointly registered. Such Unit
Holders shall have a beneficial interest in the legal, trust property to the extent of their individual holding of Unit(s) in the Scheme(s) only.
Wherever the context so admits, words used in the singular shall be deemed to include the plural and words of masculine gender shall be deemed to include the feminine
gender.
2. Scope of Services:
The Bank offers a broad range of value added services to its Customer, including investments in Mutual Funds. The Customer who accepts these terms and conditions and is
desirous of availing the Wealth Management Electronic Investment Transaction Process (WMEITP) provided by the Bank relating to investments in Mutual Funds (As
described hereinafter) and agrees to abide by the following terms and conditions in relation to the services that may be offered by the Bank from time to time including such
amendments thereto as may be made by the Bank from time to time.
3. Customer Declarations and Warranties:
a) The Customer understands and agrees that the Bank shall act only on specific instructions provided by the Customer and shall forward the same to the AMC or its Registrar
or any other agency as directed by the AMC/MF. The Bank shall exercise no discretion whatsoever and no action or lack thereof on the part of the Bank shall be construed as
an investment advice to/decision on behalf of the Customer. The Customer understands and agrees that the Bank is not his agent, constituted attorney and/or an adviser.
The Customer is required to consult his/her own legal, financial, accounting and tax advisors prior to instructing the Bank to make any investments in terms hereof.
b) The Customer acknowledges and agrees that he/she has read and understood the following documents:
• Tariff plan giving details of charges applicable and payable by the Customer to the Bank for availing of WMEITP. These charges are subject to revision by the Bank from
time to time.
• Details of commission (In the form of trail commission or any other mode) payable to the Bank for the different schemes of various Mutual Funds suggested by the Bank.

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c) The Customer agrees and undertakes that he/she has read and understood the contents of the above documents and that he/she shall read the respective Offer
Documents, as amended from time to time, prior to entering into any transaction in Mutual Funds.
d) The Customer hereby consents to the Bank, its officers and agents disclosing information relating to the customer’s account(s) and/or dealing relationships with the Bank,
including but not limited to details of facilities, any security taken, transactions undertaken and balances and positions with the Bank, to:
• The Head office of the Bank and any other member of Standard Chartered Group in any jurisdiction (The ‘Permitted Parties’);
• Professional advisers, service providers or independent contractors to, or agents of, the permitted parties, such as debt collection agencies, data processing firms and
correspondents who are under a duty of confidentiality to the Permitted Parties;
• Any actual or potential participant or sub-participant in relation to any of the Bank’s rights and/or obligations under any agreement between us, or assignee, novatee or
transferee (or any officer, employee, agent or adviser of any of them);
• Any credit information company, business alliance partner, rating agency, insurer or insurance broker of, or direct or indirect provider of credit protection to any Permitted
Party;
• Any court or tribunal or authority (including an authority investigating an offence) with jurisdiction over the Permitted Parties;
• Anyone we consider necessary in order to provide you with services in connection with an account;
e) In the event that the Customer wishes to transact in a scheme of a Mutual Fund distributed by the Bank, including purchase, redeem, re-invest, switch, etc. the Customer
shall provide the Bank with an irrevocable Letter of Instruction, in the format prescribed by the Bank, containing all details relevant to the investment and authorize the Bank
to recover charges and taxes as applicable, by debit to the Customer’s savings/current account maintained with the Bank. Further, for any non-investment oriented
information including change in address, change in personal details, etc. the Customer undertakes to intimate the Bank in writing. However, the Bank shall execute only
those instructions that are clear, timely and as per the rules applicable to such investments, and the Bank shall not be required to ascertain compliance with any regulatory or
investment restrictions whatsoever as applicable to the Customer.
f) The Letter of Instruction shall be duly filled up and signed by the Customer prior to submission to the Bank and neither the Bank nor its employees shall be responsible for
any incorrect information being submitted therein for any reason whatsoever.
g) As consideration for the WMEITP, the Customer declares that the Customer shall pay the Bank fees and other charges and commissions, in accordance with the Bank’s
applicable charges in effect when such charges and commissions are incurred. These fees and charges are subject to revision by the Bank from time to time. Such fees and
charges will be debited to the Customer’s savings/current account with the Bank without prior intimation to the Customer. The Customer undertakes to ensure that a
minimum balance is maintained in such account to cover the fees and charges of the Bank as and when due
h) The Customer understands that the value of the Units of Mutual Funds is subject to fluctuations and past performance may not be an indication of the performances in the
future. Further, the Customer understands that the Bank neither guarantees the appropriateness/suitability of the Mutual Fund opted for by the Customer, the performance
of the Mutual Fund or the returns from such investments.
i) The Customer hereby expressly accepts and confirms that the Bank may, at any time, disclose or share, or in any other manner make available, any information concerning
the Customer to a company within the Standarad Chartered Group or to any agent or service provider of the Bank for the purpose of availing support services of any nature
(including electronic processing support), for the purpose of executing transactions instructed by the Customer, or to market the Bank’s products.
j) The Customer hereby expressly accepts and confirms that the Bank may also disclose or share or in any other manner make available, any information concerning the
Customer to an AMC and/or its agent, Registrar, service provider, any third party or regulator or governmental authority or to any court of law having jurisdiction over the
Bank or to comply with the provisions of any law or regulations or any directions made by the Reserve Bank of India, SEBI, AMFI or any statutory body.
k) The Customer understands and agrees that for operational reasons, the Bank shall forward only those instructions that are received prior to a cut off time, which may be
earlier than the cut-off time prescribed by the Mutual Fund. The Bank shall not be liable for any losses, damages, costs or expenses arising out of the resultant non-
forwarding of/delay in execution of Transaction instructions received after such cut-off timings.
l) In respect of the Transactions made through the WMEITP arrangement, the Customer agrees, acknowledges and accepts that the Customer may route future
communication/instructions for such Transactions (financial or non financial) through the Bank or directly approach the Asset Management Company, Mutual Funds or
Registrar. Where the Customer undertakes such transactions directly with the Asset Management Company, Mutual Funds or Registrar, the details of such transactions
may not be updated in the Customer’s Mutual Fund portfolio with the Bank or may be updated with a time lag. In case of non financial transactions undertaken directly by
the Customer with the Asset Management company, Mutual fund, or Registrar the customer shall ensure that such communication is also provided to the bank by the
customer as per the bank requirement.
m) Where the Customer transacts directly with the Asset Management Company Mutual Funds or Registrar, the Customer should independently verify the transaction/holding
information/other details with the respective Asset Management Company, Mutual Fund or Registrar before placing future transaction instructions through the Bank or
otherwise.
n) The Customer (Only non-individual Customer) agrees and represents that the execution, delivery and performance of these terms and conditions is duly authorized and
does not violate or contravene (i) its charter documents (ii) any law, rule, regulation, order, judgment, decree, determination or award applicable to the Customer.
o) The Customer declares that all information provided to the Bank is true and correct and the Customer is not a citizen/resident of the United States of America or any other
country whose laws prohibit the Customer from entering into any Transaction. The WMEITP are available only in jurisdictions where they may be lawfully performed by the
Bank and are not intended for use by persons located in or resident in jurisdictions that restrict the distribution of such material by the Bank. Customers availing of the
WMEITP are required to inform themselves about and observe all relevant restrictions/regulations. The Bank makes no representations that the products or services
provided are available to persons residing outside India, or are necessarily suitable for any particular person or appropriate in accordance with any applicable local laws,
rules or regulations. Among other things, this means that the disclosures provided may not conform to rules of the regulatory bodies of any other country and investment in
such products will not afford the protection offered by the local regulatory regime in any other country. The provision of WMEITP services and/or mailing of investment
holdings statements and/or provision of other information relating to the financial markets shall not be construed as an offer or solicitation to sell investments or securities in
any country, including India where, or to any person to whom, it is unlawful to make such an invitation or solicitation.
4. Rights and Obligations of the Bank:
a) The Bank may in its sole discretion accept the Customer’s instructions via fax, email and where it opts to accept Customer’s instructions via fax, email such fax, email
received by the Bank at the registered fax number or email ID shall be deemed to be the original letter of agents instruction for the purposes of the Bank’s records and for any
other reason whatsoever. The Bank shall be under no obligation to verify the identity of the person or persons or giving instructions purportedly in the Customer’s name and
any transaction and/or charges recovery made pursuant to such instruction shall be binding upon the Customer whether made with or without the Customer’s authority,
knowledge or consent.
b) Further, the Bank may accept the Customer’s instructions via any medium of communication including email, telephone, internet, etc, as agreed in these terms and
conditions
c) Upon receipt of instructions from the Customer for the Transaction, the Bank shall be authorized to automatically debit the Customer’s savings/current account maintained
with the Bank, without notice to the Customer and to the extent of the amount payable by the Customer to the Mutual Fund on account of the Transaction and to the Bank on
account of charges, fees, commission and taxes as applicable. Towards this end the Customer agrees to maintain sufficient amounts in the account to cover the
Transactions instructed and the charges, fees, commission and taxes, as applicable, failing which the Bank is authorized at its sole discretion to reject the instruction. In the
event that the Bank executes any such instruction for which the Customer does not have sufficient funds, the Customer undertakes to pay the deficiency for the transaction
amount and the charges and taxes, as applicable at the earliest, together with interest calculated at a rate as determined by the Bank, from time to time, in respect of such
unauthorized overdraft.
d) The Bank is responsible only to execute the investment decisions taken by the Customer, provided instructions for the same are clear, timely and as per the rules
applicable to such investments. The Bank will not be liable for any loss sustained if the instructions are not clear, timely and/or not in accordance with the rules applicable to
such investments. In the event of non-recovery of the applicable fees, charges, commission and taxes, the Bank may not execute the Transaction and will not be liable for
any loss sustained by the Customer. In the event of charges and taxes applicable on any redemption transactions, the Bank would recover the charges and taxes (if
applicable) from the Customer’s savings/current account, pursuant to execution of the transaction. The Bank shall try its best to deliver Customer’s instructions to the
Mutual Funds/Asset Management Company/Registrar as early as possible. However, the Bank will not be liable for any delay in such communication and any loss
sustained in this regard.

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c) The Customer agrees and undertakes that he/she has read and understood the contents of the above documents and that he/she shall read the respective Offer
Documents, as amended from time to time, prior to entering into any transaction in Mutual Funds.
d) The Customer hereby consents to the Bank, its officers and agents disclosing information relating to the customer’s account(s) and/or dealing relationships with the Bank,
including but not limited to details of facilities, any security taken, transactions undertaken and balances and positions with the Bank, to:
• The Head office of the Bank and any other member of Standard Chartered Group in any jurisdiction (The ‘Permitted Parties’);
• Professional advisers, service providers or independent contractors to, or agents of, the permitted parties, such as debt collection agencies, data processing firms and
correspondents who are under a duty of confidentiality to the Permitted Parties;
• Any actual or potential participant or sub-participant in relation to any of the Bank’s rights and/or obligations under any agreement between us, or assignee, novatee or
transferee (or any officer, employee, agent or adviser of any of them);
• Any credit information company, business alliance partner, rating agency, insurer or insurance broker of, or direct or indirect provider of credit protection to any Permitted
Party;
• Any court or tribunal or authority (including an authority investigating an offence) with jurisdiction over the Permitted Parties;
• Anyone we consider necessary in order to provide you with services in connection with an account;
e) In the event that the Customer wishes to transact in a scheme of a Mutual Fund distributed by the Bank, including purchase, redeem, re-invest, switch, etc. the Customer
shall provide the Bank with an irrevocable Letter of Instruction, in the format prescribed by the Bank, containing all details relevant to the investment and authorize the Bank
to recover charges and taxes as applicable, by debit to the Customer’s savings/current account maintained with the Bank. Further, for any non-investment oriented
information including change in address, change in personal details, etc. the Customer undertakes to intimate the Bank in writing. However, the Bank shall execute only
those instructions that are clear, timely and as per the rules applicable to such investments, and the Bank shall not be required to ascertain compliance with any regulatory or
investment restrictions whatsoever as applicable to the Customer.
f) The Letter of Instruction shall be duly filled up and signed by the Customer prior to submission to the Bank and neither the Bank nor its employees shall be responsible for
any incorrect information being submitted therein for any reason whatsoever.
g) As consideration for the WMEITP, the Customer declares that the Customer shall pay the Bank fees and other charges and commissions, in accordance with the Bank’s
applicable charges in effect when such charges and commissions are incurred. These fees and charges are subject to revision by the Bank from time to time. Such fees and
charges will be debited to the Customer’s savings/current account with the Bank without prior intimation to the Customer. The Customer undertakes to ensure that a
minimum balance is maintained in such account to cover the fees and charges of the Bank as and when due
h) The Customer understands that the value of the Units of Mutual Funds is subject to fluctuations and past performance may not be an indication of the performances in the
future. Further, the Customer understands that the Bank neither guarantees the appropriateness/suitability of the Mutual Fund opted for by the Customer, the performance
of the Mutual Fund or the returns from such investments.
i) The Customer hereby expressly accepts and confirms that the Bank may, at any time, disclose or share, or in any other manner make available, any information concerning
the Customer to a company within the Standarad Chartered Group or to any agent or service provider of the Bank for the purpose of availing support services of any nature
(including electronic processing support), for the purpose of executing transactions instructed by the Customer, or to market the Bank’s products.
j) The Customer hereby expressly accepts and confirms that the Bank may also disclose or share or in any other manner make available, any information concerning the
Customer to an AMC and/or its agent, Registrar, service provider, any third party or regulator or governmental authority or to any court of law having jurisdiction over the
Bank or to comply with the provisions of any law or regulations or any directions made by the Reserve Bank of India, SEBI, AMFI or any statutory body.
k) The Customer understands and agrees that for operational reasons, the Bank shall forward only those instructions that are received prior to a cut off time, which may be
earlier than the cut-off time prescribed by the Mutual Fund. The Bank shall not be liable for any losses, damages, costs or expenses arising out of the resultant non-
forwarding of/delay in execution of Transaction instructions received after such cut-off timings.
l) In respect of the Transactions made through the WMEITP arrangement, the Customer agrees, acknowledges and accepts that the Customer may route future
communication/instructions for such Transactions (financial or non financial) through the Bank or directly approach the Asset Management Company, Mutual Funds or
Registrar. Where the Customer undertakes such transactions directly with the Asset Management Company, Mutual Funds or Registrar, the details of such transactions
may not be updated in the Customer’s Mutual Fund portfolio with the Bank or may be updated with a time lag. In case of non financial transactions undertaken directly by
the Customer with the Asset Management company, Mutual fund, or Registrar the customer shall ensure that such communication is also provided to the bank by the
customer as per the bank requirement.
m) Where the Customer transacts directly with the Asset Management Company Mutual Funds or Registrar, the Customer should independently verify the transaction/holding
information/other details with the respective Asset Management Company, Mutual Fund or Registrar before placing future transaction instructions through the Bank or
otherwise.
n) The Customer (Only non-individual Customer) agrees and represents that the execution, delivery and performance of these terms and conditions is duly authorized and
does not violate or contravene (i) its charter documents (ii) any law, rule, regulation, order, judgment, decree, determination or award applicable to the Customer.
o) The Customer declares that all information provided to the Bank is true and correct and the Customer is not a citizen/resident of the United States of America or any other
country whose laws prohibit the Customer from entering into any Transaction. The WMEITP are available only in jurisdictions where they may be lawfully performed by the
Bank and are not intended for use by persons located in or resident in jurisdictions that restrict the distribution of such material by the Bank. Customers availing of the
WMEITP are required to inform themselves about and observe all relevant restrictions/regulations. The Bank makes no representations that the products or services
provided are available to persons residing outside India, or are necessarily suitable for any particular person or appropriate in accordance with any applicable local laws,
rules or regulations. Among other things, this means that the disclosures provided may not conform to rules of the regulatory bodies of any other country and investment in
such products will not afford the protection offered by the local regulatory regime in any other country. The provision of WMEITP services and/or mailing of investment
holdings statements and/or provision of other information relating to the financial markets shall not be construed as an offer or solicitation to sell investments or securities in
any country, including India where, or to any person to whom, it is unlawful to make such an invitation or solicitation.
4. Rights and Obligations of the Bank:
a) The Bank may in its sole discretion accept the Customer’s instructions via fax, email and where it opts to accept Customer’s instructions via fax, email such fax, email
received by the Bank at the registered fax number or email ID shall be deemed to be the original letter of agents instruction for the purposes of the Bank’s records and for any
other reason whatsoever. The Bank shall be under no obligation to verify the identity of the person or persons or giving instructions purportedly in the Customer’s name and
any transaction and/or charges recovery made pursuant to such instruction shall be binding upon the Customer whether made with or without the Customer’s authority,
knowledge or consent.
b) Further, the Bank may accept the Customer’s instructions via any medium of communication including email, telephone, internet, etc, as agreed in these terms and
conditions
c) Upon receipt of instructions from the Customer for the Transaction, the Bank shall be authorized to automatically debit the Customer’s savings/current account maintained
with the Bank, without notice to the Customer and to the extent of the amount payable by the Customer to the Mutual Fund on account of the Transaction and to the Bank on
account of charges, fees, commission and taxes as applicable. Towards this end the Customer agrees to maintain sufficient amounts in the account to cover the
Transactions instructed and the charges, fees, commission and taxes, as applicable, failing which the Bank is authorized at its sole discretion to reject the instruction. In the
event that the Bank executes any such instruction for which the Customer does not have sufficient funds, the Customer undertakes to pay the deficiency for the transaction
amount and the charges and taxes, as applicable at the earliest, together with interest calculated at a rate as determined by the Bank, from time to time, in respect of such
unauthorized overdraft.
d) The Bank is responsible only to execute the investment decisions taken by the Customer, provided instructions for the same are clear, timely and as per the rules
applicable to such investments. The Bank will not be liable for any loss sustained if the instructions are not clear, timely and/or not in accordance with the rules applicable to
such investments. In the event of non-recovery of the applicable fees, charges, commission and taxes, the Bank may not execute the Transaction and will not be liable for
any loss sustained by the Customer. In the event of charges and taxes applicable on any redemption transactions, the Bank would recover the charges and taxes (if
applicable) from the Customer’s savings/current account, pursuant to execution of the transaction. The Bank shall try its best to deliver Customer’s instructions to the
Mutual Funds/Asset Management Company/Registrar as early as possible. However, the Bank will not be liable for any delay in such communication and any loss
sustained in this regard.

Version- May 2017

Page 20 of 22
5. Indemnity:
a) The Customer shall forthwith, on demand, indemnify and keep indemnified the Bank and its directors, officers, employees or agents against any losses, costs, charges
damages, taxes, expenses, demands, proceedings, actions or liabilities whatsoever which may be suffered or incurred by the Bank or its directors, officers, employees or
agents as a result of any Transaction, action or step taken by the Bank hereunder (including the costs of enforcing the same)
b) The Customer undertakes to indemnify and keep the Bank and its directors, officers, employees indemnified at all times against and hold it from, all actions, proceedings,
claims, losses, damages, charges, costs and expenses which may be made, brought against or suffered or incurred by the Bank and which shall have arisen either directly or
indirectly out of or in connection with the Bank accepting instructions from the Customer and acting thereon, including any variation in instruction where the Customer has
given a contrary instruction to the AMC/Mutual Fund directly or for any other reason whatsoever.
6. Termination:
6A: The WMEITP arrangement may be terminated by the Customer only in the manner set forth below:
• By providing a notice of termination/request of closure to the Bank for all investments held by the Customer through the WMEITP services; and
• The Bank shall forward the request letter/notice of termination to the respective Mutual Funds;
Termination of this arrangement can be undertaken after all the Units are transferred out of the WMEITP platform and once all outstanding charges payable by the Customer
to the Bank have been paid by the Customer to the Bank.
6B: The WMEITP arrangement may be terminated by the Bank in the manner set forth below:
• By providing a notice of termination to the Customer at his/her mailing address registered with the Bank, calling upon the Customer to forthwith send the closure request
for all the investments held by the Customer through the WMEITP services. In case of non- receipt of the closure request within 30 days from the date of dispatch, no further
transactions will be permitted; and
• The Bank shall forward the closure request of the termination to the respective Mutual Funds;
Termination of this arrangement will only be undertaken once all outstanding charges payable by the Customer to the Bank have been recovered.
6C: The WMEITP arrangement shall stand terminated in terms of clause 6A and 6B above, upon receipt by the Bank from each of the Mutual Fund of the necessary
intimation, that each of the respective Mutual Funds has taken note of the termination of the WMEITP arrangement between the Bank and the Customer.
7. Force Majeure:
1) If the Bank is prevented or delayed in the performance of any of its obligations under the WMEITP arrangement by force majeure, then the Bank shall be excused from the
performance or the punctual performance as the case may be from the date of such force Majeure event occurring till the time the event continues to exist
2) For the purpose of the WMEITP arrangement 'force majeure' shall be deemed to be any cause affecting the performance of this arrangement arising from or attributable to
acts, events, omissions or accidents beyond the reasonable control of the Bank to perform and without limiting the generality thereof shall include the following:
a) Strikes, lock-outs or other industrial action;
b) Civil commotion, riot, invasion, war threat or preparation for war;
c) Outbreak of war, rebellion, revolution, hostilities, riot, civil disturbance, acts of terrorism (including bans on non-essential travel) issued by the World Health Organisation
or any governmental authority;
d) Fire, explosion, storm, flood, earthquake, subsidence, epidemic or other natural physical disaster;
e) Impossibility of the use of railways, shipping, aircraft motor transport or other means of public or private transport;
f) Political interference with the normal operations of the Bank or AMC; and
g) Any change in or introduction of any Laws and Legal Requirements.
8. Dispute Resolution:
a) All disputes or differences arising out of any transactions under the WMEITP arrangement shall be settled amicably. In the event of failure to arrive at an amicable settlement
the dispute or difference may be referred to arbitration wherein the Bank and the Customer shall appoint one arbitrator each. The two arbitrators so appointed shall appoint
one more arbitrator so that the total number of arbitrators shall be three. In the event of a Party failing to appoint an arbitrator or the two arbitrators failing to appoint the third
arbitrator as provided hereinbefore, such arbitrator(s) shall be appointed in accordance with the Arbitration and Conciliation Act, 1996, as amended. The award given by the
majority of the arbitrators shall be final, conclusive and binding upon the Parties. The arbitration shall be conducted in accordance with the Arbitration and conciliation act
1996 in force and as amended from time to time and will be in English language. The Arbitration proceedings shall be held at Mumbai.
b) The arbitral award(s) rendered shall be final and binding and shall not be subject to any form of appeal. All reasonable out-of-pocket expenses (Including, without Limitation,
reasonable attorneys’ fees) incurred by any party hereto in connection with any dispute will be paid in accordance with the directions of the arbitrator(s).
9. Governing Law and Jurisdiction:
a) The arrangement herein contained shall be governed by the laws of India and shall be subject to the exclusive jurisdiction of the Courts at Mumbai.
b) The Customer has read and understood the aforesaid terms and conditions in totality and agrees to abide by the same.
c) I/We have read and understood the Scheme Information Document/Key Information Memorandum of the Scheme(s). I/We apply for the units of the Fund and agree to abide
by the terms, conditions, rules and regulations of the scheme and other statutory requirements of SEBI, AMFI, Prevention of Money Laundering Act, 2002 and such other
regulations as may be applicable from time to time. I/We confirm to have understood the investment objectives, investment pattern, and risk factors applicable to
Plans/Options under the Scheme(s). I/we have not received nor been induced by any rebate or gifts, directly or indirectly, in making this investment. I/We declare that the
amount invested in the Scheme is through legitimate sources only and is not designed for the purpose of contravention or evasion of any Act, Regulations or any other
applicable laws enacted by the Government of India or any Statutory Authority. I/We hereby declare that I am/we are not US Person(s). I/We hereby declare that I/we do not
have any existing Micro SIPs which together with the current application will result in a total investments exceeding Rs.50,000 in a year. The ARN holder has disclosed to
me/us all the commissions (in the form of trail commission or any other mode). Please Credit/Debit my/our aforesaid Savings/Current account with the amount of this
purchase/redemption.

Signatures

(PLEASE DO NOT SIGN THIS FORM UNLESS IT IS COMPLETED IN ALL RESPECTS.)

Main Applicant

Joint Applicant 1 Joint Applicant 2

Version- May 2017

Page 21 of 22
Standard Chartered Bank is committed to making your banking with us a pleasant experience and values your feedback:
Visit Us : www.sc.com/in
Write to Us : [email protected]
You can write to us for any further queries at Standard Chartered Bank, Customer Care Unit, 19, Rajaji Salai, Chennai – 600 001

Phone Banking Numbers:

Allahabad, Amritsar, Bhopal, Bhubaneshwar, Chandigarh, Cochin / Ernakulam, Coimbatore, Indore, 3940444 / 6601444
Jaipur, Jalandhar, Kanpur, Lucknow, Ludhiana, Nagpur, Patna , Rajkot, Surat, Vadodara
Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune 39404444 / 66014444
Gurgaon, Noida 011 - 39404444 / 011 - 66014444
Jalgaon, Guwahati, Cuttack, Mysore, Thiruvananthpuram, Vishakhapatnam, Proddatur, Dehradun, 1800 345 1000
Mathura, Saharanpur
Siliguri 1800 345 5000
SMS us : SMS "Service" to 9980033333 and we will provide assistance to you within 24 hours.
The bank assures to pay `100, on failure of establishing contact within 24 hours*. (*Terms and Conditions apply)
In case of unresolved grievances email us at: [email protected]

Country Toll Free Helpline No. Country Toll Free Helpline No.
Bahrain 80801129 Singapore 8001012407
Canada 8772185618 United Arab Emirates 8000177750
Hong Kong 800905108 United Kingdom 08081019144
Malaysia 1800815063 United States of America 8773021657
Philippines 180011101121 All Other International Locations (ISD rates apply) +91 80 42896753

Version- May 2017

Page 22 of 22
 MOST IMPORTANT DOCUMENT - SAVINGS ACCOUNT FOR NON RESIDENTS (NR) CLIENTS Bank Copy
I/We confirm having received, read and understood our banking agreement, which is available at any of the branches of Standard
Chartered Bank (‘Bank’) and which is also available on the Bank’s website (www.sc.com/india) and agree to be bound by and abide by it
or any other rules that may be in force from time to time. I/We specifically understand and accept the following:
Savings Account Offering

Account (ü
as applicable) NRE Savings NRO Savings Super Value NRE Employee
Account Account NRE Account Banking Account
Corporate Name

_______________

Monthly Average Balance (MAB) #

` 25,000 ` 25,000 ` 50,000 Not
applicable

Important monthly charges applicable on non maintenance of balance#

If the MAB < Desired MAB mentioned above 1
Not
1
5% of shortfall in MAB 5% of shortfall in MAB
1
5% of shortfall in MAB
with Maximum with Maximum cap of with Maximum cap of applicable
cap of 600 600 600

Domestic non SCB ATM Transaction charges2

First 5 ATM (financial & non financial)
transactions/month. Free Free Free Free

Subsequent transactions ` 20 ` 20 ` 20## ` 20

4

Free for SuperValue NRE Savings Account if MAB of `25,000 is maintained.

##

Debit Card Fees2

Debit Card - First & Subsequent Year’s Fee ` 200 ` 200 ` 2004
Platinum Debit Card- First & Subsequent Year’s Fee ` 799 ` 799 ` 799 ` 799
4

Cashback Platinum Debit Card- First &

Subsequent Year’s Fee ` 499 ` 499 ` 499 ` 4994

Other important charges2

Cheque return charge - Cheque Issued by Customer
•First cheque return in the last 12 months ` 500 ` 500 ` 500 ` 500
•More than one cheque return in the last 12 months
(per return) ` 750 ` 750 ` 750 ` 750

Cheque return charge - Cheque Deposited by Customer ` 150 ` 150 ` 150 ` 150
Account Closed < 12 months ` 500 ` 500 ` 500 ` 500
3

#
Monthly Average Balance (MAB) is the average of the daily closing balances in that month. More details overleaf. For staff accounts of SCB Group
and Employee Banking account, there is no minimum average monthly balance requirement.
1. Shortfall is calculated based on difference between required minimum MAB & actual MAB in a given month.
2. All charges above are exclusive of duties and taxes as applicable.GST will be levied at the applicable rates in force on all taxable supplies with effect from a date to be
notified by the Government.
3. This charge is not applicable in case the account is closed within 14 days from the date the account is opened.
4. For Employee Banking accounts, please contact phone-banking for service charges applicable to your relationship.
Please note:
• Interest will be calculated at applicable Savings Bank Interest Rate on the daily available balance and same will be paid at quarterly rests.
• Savings Bank Interest Rate may be changed from time to time at the sole discretion of the Bank.
• I/We confirm that I/we have verified the identity of the bank officer before handing over the initial payment for opening the account. I/We have not
handed over cash to the officer for opening the account except where I/we have visited the bank branch personally. I have not been incentivized by a gift/
discount for opening the account.
• I/We confirm that I have received and understood all terms and conditions as mentioned in the customer copy of the MID.
• Withdrawals using withdrawal slips supplied by the Bank can only be made in case of Savings account opened by individuals and by the account
holder in person.
• I/We understand that there might be transaction restriction on the account incase the Know Your Customer (KYC) documents submitted by me/us are
found incomplete insufficient during internal review by the bank after the account has been opened. The account might be closed incase I/we are not able
to provide complete KYC documents as per the requirement.
• I/We understand that deposits held with the bank are covered by the provisions of the Deposit Insurance & Credit Guarantee Corporation Act, 1961.
• Bank reserves the right to close the account if the funding cheque has returned unpaid.
• Accounts which are not operated for a period of greater than two years are classified as dormant. Consequently, the bank will allow operations in the
account only after completion of due diligence by the Bank. Any Debit/ ATM card due for renewal will not be issued.
• Accounts which are not operated for a period of greater than 10 years or more will automatically be marked as an “Unclaimed Account” wherein credits and
debits in the account will be restricted and the account will be placed on hold.
• In particular, for NRE Employee Banking Account:
• I have read and understood the proposal made by the Bank to the corporate, whose name is specified in the MID and I understand that I will be
charged for services of the Bank that is over and above the proposal, as per the schedule of charges applicable for the axcess Plus savings
account.
• The Bank reserves the right to convert my Account as an aXcess plus savings account, if I cease to be an employee of the corporate specified in the
MID or this Account does not get salary credits for 3 consecutive months (including the month of account activation). The Bank is not liable to inform
me when my Account is converted under these conditions. If converted, I agree to the terms and conditions and the charges as applicable on that day
for the Account.
• I understand that the proposal made to the corporate is subject to revision and I agree to accept any changes made to the proposal from time to
time.
• If I am covered under a personal accidental insurance scheme, I agree that the nominee on my bank account, will be the nominee for the
personal accidental insurance scheme. If there is no nominee detail mentioned in the bank account, my legal heir will be eligible for the
compensation. I also understand that the Terms and conditions of the Master Insurance Policy between Royal Sundaram Insurance Company and
Standard Chartered Bank would also apply.
I /We hereby declare that the contact details provided by me/us including my/our Current Residential Address and/or my/our Permanent Address are complete
and correct in all respects.
I / We authorize Standard Chartered Bank or any agents appointed by them to verify these details. I/We further understand and acknowledge that the Bank may
restrict transactions/close my/our account(s) in case the above mentioned details are found to be incomplete/incorrect.
Opening deposit : A signed cheque has been collected from me/us as the initial account opening deposit as per the following details:
Cheque No.:___________ Date: _____________ Bank: _____________ Amount ` __________________ Favouring: ________________________________________
Customer Comments, if any: _______________________________________________________ Date of signing the MID: ____________________________________

Signature of 1st Signature of 2nd

Account holder Account holder
Name of 1st Account holder Name of 2nd Account holder

For Official Use only:

DSR Name: _________________ Referring PSID Code: ______________ Signature of DSR:______________________ Signature of TM: _______________________

Methodology for Calculation of Monthly Average Balance

The average Monthly balance for an account is calculated as per the calendar month i.e. January, Februrary etc. For a new account, opened in the middle of a
calendar month the average balance is arrived at on the basis of number of days the account has been live in that month.

Date Narration Deposit Withdrawal Balance

1/1/2011 Opening Balance - - 0

1/1/2011 By clearing 150000 - 150000

5/1/2011 By clearing 100000 - 250000

20/1/2011 Cash Withdrawal - 50000 200000

31/1/2011 - - - 200000

Calculation of Average Balance

From To Balance Number of Days Total balance

(Balance X No. of Days)

1/1/2011 4/1/2011 150000 4 600000

5/1/2011 19/1/2011 250000 15 3750000

20/1/2011 31/1/2011 200000 12 2400000

Sum = 31 Sum = 6750000

Average Balance (Sum of Total Balance / Number of Days) = (67,50,000/ 31 ) = 217742

Please Note - Similar methodology shall apply for calculation of Monthly Average Balance of linked term deposits.

PHONE BANKING NUMBERS :

Allahabad, Amritsar, Bhopal, Bhubaneshwar, Chandigarh, Cochin / Ernakulam, Coimbatore, Indore, Jaipur,
Jalandhar, Kanpur, Lucknow, Ludhiana, Nagpur, Patna, Rajkot, Surat, Vadodara / Baroda 3940 4444 / 6601 444

Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune 3940 4444 / 6601 4444
Version MID NR 7/17

Gurgaon, Noida 011-3940 4444/ 6601 4444

Cuttack, Dehradun, Guwahati, Jalgaon, Mathura, Mysore, Proddatur, Saharanpur, Thiruvananthpuram, Vishakhapatnam 1800 345 1000*
Siliguri 1800 345 5000*
*Toll-free

Country Toll Free Helpline No. Country Toll Free Helpline No.

Bahrain 80801129 Singapore 8001012407

Canada 8772185618 United Arab Emirates 8000177750
Hong Kong 800905108 United Kingdom 08081019144
Malaysia 1800815063 United States of America 8773021657
Philippiness 180011101121 All Other International Location (ISD rates apply) +91 80 42896753
 MOST IMPORTANT DOCUMENT - SAVINGS ACCOUNT FOR NON RESIDENTS (NR) CLIENTS Customer Copy
I/We confirm having received, read and understood our banking agreement, which is available at any of the branches of Standard
Chartered Bank (‘Bank’) and which is also available on the Bank’s website (www.sc.com/india) and agree to be bound by and abide by it
or any other rules that may be in force from time to time. I/We specifically understand and accept the following:
Savings Account Offering

Account (ü
as applicable) NRE Savings NRO Savings Super Value NRE Employee
Account Account NRE Account Banking Account
Corporate Name

_______________

Monthly Average Balance (MAB) #

` 25,000 ` 25,000 ` 50,000 Not
applicable

Important monthly charges applicable on non maintenance of balance#

If the MAB < Desired MAB mentioned above 1
Not
1
5% of shortfall in MAB 5% of shortfall in MAB
1
5% of shortfall in MAB
with Maximum with Maximum cap of with Maximum cap of applicable
cap of 600 600 600

Domestic non SCB ATM Transaction charges2

First 5 ATM (financial & non financial)
transactions/month. Free Free Free Free

Subsequent transactions ` 20 ` 20 ` 20
##
` 20
4
##
Free for SuperValue NRE Savings Account if MAB of `25,000 is maintained.

Debit Card Fees2

Debit Card - First & Subsequent Year’s Fee ` 200 ` 200 ` 2004
Platinum Debit Card- First & Subsequent Year’s Fee ` 799 ` 799 ` 799 ` 799
4

Cashback Platinum Debit Card- First &

Subsequent Year’s Fee ` 499 ` 499 ` 499 ` 4994

Other important charges2

Cheque return charge - Cheque Issued by Customer
•First cheque return in the last 12 months ` 500 ` 500 ` 500 ` 500
•More than one cheque return in the last 12 months
(per return) ` 750 ` 750 ` 750 ` 750

Cheque return charge - Cheque Deposited by Customer ` 150 ` 150 ` 150 ` 150
Account Closed < 12 months ` 500 ` 500 ` 500 ` 500
3

#
Monthly Average Balance (MAB) is the average of the daily closing balances in that month. More details overleaf. For staff accounts of SCB Group
and Employee Banking account, there is no minimum average monthly balance requirement.
1. Shortfall is calculated based on difference between required minimum MAB & actual MAB in a given month.
2. All charges above are exclusive of duties and taxes as applicable.GST will be levied at the applicable rates in force on all taxable supplies with effect from a date to be
notified by the Government.
3. This charge is not applicable in case the account is closed within 14 days from the date the account is opened.
4. For Employee Banking accounts, please contact phone-banking for service charges applicable to your relationship.
Please note:
• Interest will be calculated at applicable Savings Bank Interest Rate on the daily available balance and same will be paid at quarterly rests.
• Savings Bank Interest Rate may be changed from time to time at the sole discretion of the Bank.
• I/We confirm that I/we have verified the identity of the bank officer before handing over the initial payment for opening the account. I/We have not
handed over cash to the officer for opening the account except where I/we have visited the bank branch personally. I have not been incentivized by a gift/
discount for opening the account.
• I/We confirm that I have received and understood all terms and conditions as mentioned in the customer copy of the MID.
• Withdrawals using withdrawal slips supplied by the Bank can only be made in case of Savings account opened by individuals and by the account
holder in person.
• I/We understand that there might be transaction restriction on the account incase the Know Your Customer (KYC) documents submitted by me/us are
found incomplete insufficient during internal review by the bank after the account has been opened. The account might be closed incase I/we are not able
to provide complete KYC documents as per the requirement.
• I/We understand that deposits held with the bank are covered by the provisions of the Deposit Insurance & Credit Guarantee Corporation Act, 1961.
• Bank reserves the right to close the account if the funding cheque has returned unpaid.
• Accounts which are not operated for a period of greater than two years are classified as dormant. Consequently, the bank will allow operations in the
account only after completion of due diligence by the Bank. Any Debit/ ATM card due for renewal will not be issued.
• Accounts which are not operated for a period of greater than 10 years or more will automatically be marked as an “Unclaimed Account” wherein credits and
debits in the account will be restricted and the account will be placed on hold.
• In particular, for NRE Employee Banking Account:
• I have read and understood the proposal made by the Bank to the corporate, whose name is specified in the MID and I understand that I will be
charged for services of the Bank that is over and above the proposal, as per the schedule of charges applicable for the axcess Plus savings
account.
• The Bank reserves the right to convert my Account as an aXcess plus savings account, if I cease to be an employee of the corporate specified in the
MID or this Account does not get salary credits for 3 consecutive months (including the month of account activation). The Bank is not liable to inform
me when my Account is converted under these conditions. If converted, I agree to the terms and conditions and the charges as applicable on that day
for the Account.
• I understand that the proposal made to the corporate is subject to revision and I agree to accept any changes made to the proposal from time to
time.
• If I am covered under a personal accidental insurance scheme, I agree that the nominee on my bank account, will be the nominee for the
personal accidental insurance scheme. If there is no nominee detail mentioned in the bank account, my legal heir will be eligible for the
compensation. I also understand that the Terms and conditions of the Master Insurance Policy between Royal Sundaram Insurance Company and
Standard Chartered Bank would also apply.
I /We hereby declare that the contact details provided by me/us including my/our Current Residential Address and/or my/our Permanent Address are complete
and correct in all respects.
I / We authorize Standard Chartered Bank or any agents appointed by them to verify these details. I/We further understand and acknowledge that the Bank may
restrict transactions/close my/our account(s) in case the above mentioned details are found to be incomplete/incorrect.
Opening deposit : A signed cheque has been collected from me/us as the initial account opening deposit as per the following details:
Cheque No.:___________ Date: _____________ Bank: _____________ Amount ` __________________ Favouring: ________________________________________
Customer Comments, if any: _______________________________________________________ Date of signing the MID: ____________________________________

Signature of 1st Signature of 2nd

Account holder Account holder
Name of 1st Account holder Name of 2nd Account holder

For Official Use only:

DSR Name: _________________ Referring PSID Code: ______________ Signature of DSR:______________________ Signature of TM: _______________________

Methodology for Calculation of Monthly Average Balance

The average Monthly balance for an account is calculated as per the calendar month i.e. January, Februrary etc. For a new account, opened in the middle of a
calendar month the average balance is arrived at on the basis of number of days the account has been live in that month.

Date Narration Deposit Withdrawal Balance

1/1/2011 Opening Balance - - 0

1/1/2011 By clearing 150000 - 150000

5/1/2011 By clearing 100000 - 250000

20/1/2011 Cash Withdrawal - 50000 200000

31/1/2011 - - - 200000

Calculation of Average Balance

From To Balance Number of Days Total balance

(Balance X No. of Days)

1/1/2011 4/1/2011 150000 4 600000

5/1/2011 19/1/2011 250000 15 3750000

20/1/2011 31/1/2011 200000 12 2400000

Sum = 31 Sum = 6750000

Average Balance (Sum of Total Balance / Number of Days) = (67,50,000/ 31 ) = 217742

Please Note - Similar methodology shall apply for calculation of Monthly Average Balance of linked term deposits.

PHONE BANKING NUMBERS :

Allahabad, Amritsar, Bhopal, Bhubaneshwar, Chandigarh, Cochin / Ernakulam, Coimbatore, Indore, Jaipur,
Jalandhar, Kanpur, Lucknow, Ludhiana, Nagpur, Patna, Rajkot, Surat, Vadodara / Baroda 3940 4444 / 6601 444

Ahmedabad, Bangalore, Chennai, Delhi, Hyderabad, Kolkata, Mumbai, Pune 3940 4444 / 6601 4444
Version MID NR 7/17

Gurgaon, Noida 011-3940 4444/ 6601 4444

Cuttack, Dehradun, Guwahati, Jalgaon, Mathura, Mysore, Proddatur, Saharanpur, Thiruvananthpuram, Vishakhapatnam 1800 345 1000*
Siliguri 1800 345 5000*
*Toll-free

Country Toll Free Helpline No. Country Toll Free Helpline No.

Bahrain 80801129 Singapore 8001012407

Canada 8772185618 United Arab Emirates 8000177750
Hong Kong 800905108 United Kingdom 08081019144
Malaysia 1800815063 United States of America 8773021657
Philippiness 180011101121 All Other International Location (ISD rates apply) +91 80 42896753
Account Opening Supplementary Form for Individual, including FATCA and CRS Declaration
This form must be completed by any individual who wishes to open a banking account.
Please complete Parts 1 to 4 in BLOCK LETTERS and read the Instructions on how to complete this Form on page 3 and
the Definitions on page 4.

Part 1: Identification of Individual Account Holder

Surname(s):
First or Given Name:
Middle Name(s):
Alias:
Country of Birth:
Place of Birth
(Town or City of Birth):
Nationality / Citizenship
(In case of multiple nationalities, please list ALL Nationalities/Citizenships held)

Residential Address Confirmation Yes No

I confirm the Residential Address provided in the Account Opening Form is the
Account Holder’s current residential address.
If “No” is selected, please insert the Account Holder’s Current Residential Address below.
Current Residential Address
Address Line 1:
Address Line 2:
City/Town:
Province/State/County:
Postal Code/ZIP Code:
Country:

Part 2: US Status
Please check “√” Yes or No for each of the following questions:
Questions Yes No
1. Is the Account Holder a US Resident?
2. Is the Account Holder a US Citizen?
3. Is the Account Holder holding a US Permanent Resident Card (Green
Card)?

Part 3: Tax Residence Information

Please complete the following table indicating (i) the country where the Account Holder is resident for tax purposes
and (ii) the Account Holder’s Taxpayer Identification Number or functional equivalent (hereafter referred to as ‘TIN’)
for each country indicated.

If the Account Holder is a resident for tax purposes in more than three countries, please use a separate sheet.

Version 11-2016
If a TIN is unavailable please provide reason A, B or C where appropriate:
• Reason A: The country where the Account Holder is resident does not issue TINs to its residents
• Reason B: The Account Holder is otherwise unable to obtain a TIN (please explain why Account Holder is unable to
obtain a TIN in the below table if you have selected this reason)
• Reason C: No TIN is required (note: only select this reason if the authorities of the country of residence for tax
purposes entered below do not require the TIN to be disclosed)

More details are available in the Instructions to this Form.

No Country of Residence for tax purposes TIN If no TIN is available, enter Reason A, B or C
1
2
3

If Reason B selected above, explain why the Account Holder is unable to obtain a TIN in the corresponding row below
1
2
3

Part 4: Declaration and Signature

I understand that the information supplied by me is subject to the terms and conditions governing the Account
Holder’s relationship with Standard Chartered PLC and its subsidiaries and affiliates where the Account Holder’s
financial relationship is maintained.
I acknowledge that the information contained in this Form and information regarding the Account Holder and any
Reportable Account(s) may be provided, directly or indirectly, to any relevant tax authority, including the tax
authorities of the country in which this account(s) is/are maintained and exchanged with tax authorities of another
country or countries in which the Account Holder may be resident for tax purposes pursuant to bilateral or
multilateral agreements between governments to exchange financial account information.
Where required by domestic or overseas regulators or tax authorities, I consent and agree that the Bank may
withhold from my account(s) such amounts as may be required according to applicable laws, regulations and
directives under relevant laws and regulations.

Certification
I certify that I am the Account Holder (or am authorised to sign for the Account Holder) of all of the account(s) to
which this Form relates.
I declare that all statements made in this declaration are, to the best of my knowledge and belief, correct and
complete.
I undertake to submit a suitably updated Form within 30 days of any change in circumstances which affects the tax
residency status of the Account Holder or where any information contained herein to become incorrect.

Signature: ____________________________________________________________________________
Signature of Account Holder (or individual authorised to sign for the Account Holder)
Print Name: ___________________________________________________________________________
Date(DD-MM-YYYY): _____________________________________________________________________
Note: If you are not the Account Holder please indicate the capacity in which you are signing the Form.
Capacity: _____________________________________________________________________________

Please note that in providing the certification, a statement that is false, misleading or incorrect may be regarded as
an offence and, therefore may be subject to penalties under relevant law or regulation.

Version 11-2016
Instructions

Part 1: Identification of Individual Account Holder

Name Enter the Account Holder’s name exactly the same as in the Account Holder’s Identity
Document. Identity Document can be a Country ID, Passport / Travel Document / Other.
Alias Enter the Account Holder’s Alias, if applicable.
Country of Birth Enter the Account Holder’s Country of Birth.
Place of Birth Enter the Account Holder’s Town or City of Birth, or an equivalent thereof (e.g. village,
(Town or City of Birth) homestead). This field is optional.
Nationality / Citizenship Enter the Account Holder’s country of citizenship. In case of multiple nationalities, please list
ALL Nationalities/Citizenships held.
I confirm the Residential Address Enter ‘Yes’ to confirm that the Residential Address provided in the Account Opening Form
provided in the Account Opening (AOF) is the Account Holder’s current residential address. If the Residential Address provided
Form is the Account Holder’s current in the AOF is not current, please provide the Account Holder’s Current Residential Address in
residential address. the fields provided.
Current Residential Address Complete in only if “No” is selected for the above certification.

Part 2: US Status

Is the Account Holder a US Resident? Enter ‘Yes’ if the Account Holder is a US Resident. Otherwise enter ‘No’.
Is the Account Holder a US Citizen? Enter ‘Yes’ if the Account Holder is a US Citizen. Otherwise enter ‘No’.
Is the Account Holder holding a U.S. Enter ‘Yes’ if the Account Holder has a right of lawful permanent residence / holds a US
Permanent Resident Card (Green Permanent Resident Card (“Green Card”) issued by the US Government. Otherwise enter
Card)? ‘No’.

Part 3: Tax Residence Information

Tax Residence / Please complete the table indicating (i) where the Account Holder is resident for tax
purposes and (ii) the Account Holder’s Taxpayer Identification Number or functional
Citizenship Information equivalent (hereafter referred to as ‘TIN’) for each country indicated.

The requirement to pay tax in a particular country does not necessarily signify tax residence
in that country; it is possible to have to pay tax in a country in which one is not tax resident,
and not to have to pay tax in a country in which one is tax resident. Whether a person is tax
resident in a particular country depends on whether that person meets the definition of a
tax resident under the tax laws of that country. For more information on tax residence,
please consult your tax advisor or refer to the information at OECD automatic exchange of
information portal at:
http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-
residency/#d.en.347760.
If the Account Holder is a dual citizen, enter the country where the Account Holder is both a
citizen and a resident at the time this Form is completed. If the Account Holder is not a
resident in any country in which the Account Holder has citizenship, enter the country where
the Account Holder was most recently a resident. If the Account Holder is a US citizen, a
Form W-9 must be provided.
If the Account Holder’s Country of Tax Residence is India, then the Account Holder’s Tax
Identification Number (TIN) is the Account Holder’s PAN.
If a TIN is unavailable, please provide the appropriate Reason A, B or C.
 Reason A should be selected by an Account Holder where the country concerned
does not, under any circumstances, issue TINs to individual tax residents. Where
the country concerned does issue TINs to individual tax residents, but the Account
Holder has not been issued with a TIN because of particular circumstances, Reason
B should be selected instead.
 If you have selected Reason B, please explain why the Account Holder is unable to
obtain a TIN, even though the country concerned does issue TINs to individual tax

Version 11-2016
 residents.
 Reason C should be selected if the country that issued the TINs does not require
TINs of individual tax residents to be collected or reported.

Part 4: Declaration and Signature

Declaration and Signature The Form must be signed and dated by the Account Holder. If this Form is completed by an
Individual authorised to sign for the Account Holder, please indicate the capacity in which
you are signing the Form.
Capacity An authorised representative or officer must state the capacity in which he/she is signing on
behalf of the Account Holder. If this Form is completed by an agent acting under a duly
authorised power of attorney, the Form must be accompanied by the power of attorney in
proper Form specifically authorising the agent to represent the Account Holder in making,
executing and presenting the Form.

Definitions
The following is a non-exhaustive list of selected terms to assist you with the completion of this Form. Should you have any questions,
please contact your tax, legal and/or other professional advisor.
• Account Holder: The term ‘Account Holder’ means the person listed or identified as the holder of a Financial Account. A person, other
than a Financial Institution, holding a Financial Account for the benefit of another person as an agent, a custodian, a nominee, a
signatory, an investment advisor, an intermediary, or as a legal guardian, is not treated as the Account Holder. In these circumstances
that other person is the Account Holder. For example in the case of a parent/ child relationship where the parent is acting as a legal
guardian, the child is regarded as the Account Holder. With respect to a jointly held account, each joint holder is treated as an Account
Holder.
• Financial Account: A Financial Account is an account maintained by a Financial Institution and includes: Depository Accounts; Custodial
Accounts; Equity and debt interest in certain Investment Entities; Cash Value Insurance Contracts; and Annuity Contracts.
• Participating Jurisdiction: A Participating Jurisdiction means a jurisdiction with which an intergovernmental agreement is in place
pursuant to which it will provide the information required on the automatic exchange of financial account information set out in the CRS.
• Reportable Account: A Reportable Account is a Financial Account that is maintained by a Reporting Financial Institution and that,
pursuant to due diligence procedures consistent with CRS, FATCA and any applicable IGAs, has been identified as an account that is held
by one or more persons that are US Persons or Reportable Persons with respect to another Jurisdiction or by a Passive NFE with one or
more Controlling Persons that are US Persons or Reportable Persons with respect to another Jurisdiction.
• Reportable Jurisdiction: A Reportable Jurisdiction is a Participating Jurisdiction with which an obligation to provide financial account
information is in place.
• Reportable Person: The CRS defines the Account Holder as a 'Reportable Person'. A Reportable Person is further defined as an
individual who is tax resident in a Reportable Jurisdiction under the laws of that jurisdiction.
• Tax Identification Number (TIN): Taxpayer Identification Number or a functional equivalent in the absence of a TIN. A TIN is a unique
combination of letters or numbers assigned by a jurisdiction to an Individual or an Entity and used to identify the Individual or Entity for
the purposes of administering the tax laws of such jurisdiction. Further details of acceptable TINs can be found at:
http://www.oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-identification-numbers/#d.en.347759. Some
jurisdictions do not issue a TIN. However, these jurisdictions often utilise some other high integrity number with an equivalent level of
identification (a 'functional equivalent'). Examples of that type of number include, for individuals, a social security/ insurance number,
citizen/personal identification/service code/number, and resident registration number.
• US Citizen: An individual who is a US citizen. “US” as used in this definition refers geographically to any State of the United States
including the District of Columbia. “US” includes additionally a person born in the US Territories (American Samoa, Guam, Northern
Mariana Islands, US Virgin Islands and Puerto Rico) who will be deemed a US Citizen.
• US Person: A US person is defined in section 7701(a) (30) of the Internal Revenue Code and includes an individual who is a citizen or
resident of the US.
• US Resident: An Individual who is a person ordinarily living in the US; or any other person who satisfies the Substantial Presence Test
defined by the IRS. For the avoidance of doubt, a Client will be treated as a US Resident unless proven otherwise if he declares to the
Bank that he resides in the US; or is a US Person and provides a current US residential address to the Bank. “US” as used in this definition
refers geographically to any State of the United States, the District of Columbia, and the US Territories (American Samoa, Guam,
Northern Mariana Islands, US Virgin Islands and Puerto Rico).

Version 11-2016
Bank Copy

Transaction Information Document

Dear Customer,

Thank you for applying for a Non Resident account with Standard Chartered Bank. We would request you to go
through the below information before you sign up to open your account with us. The information provided herein is
based on the guidelines and regulations issued by the Reserve Bank of India (RBI) as on date and are not
comprehensive. In case you need any further information, we request you to refer to the RBI circulars and regulations.
You are requested to stay updated with applicable guidelines and regulations issued by RBI from time to time.

Important points that you should know about your Non Resident Account

LENDING BY NON RESIDENT TO INDIAN RESIDENT/ COMPANY

 NRIs/ PIOs can give loans to Indian Residents in the following 2 ways:

A. Inward Remittance or debit to the NRE / FCNR account subject to following conditions:
1. Loan can only be given to close relatives for a sum not exceeding US$ 2,50,000 or its equivalent
2. Loan has to be free of interest
3. Minimum maturity of loan is 1 year
4. Repayment can come to NRO/ NRE/ FCNR Account

B. Inward Remittance or debit to the NRO / NRE / FCNR Account subject to following conditions:
1. Loan can be given to resident individuals
2. Rate of interest of loan cannot exceed 2% over prevailing Bank Rate on the date of loan availment
3. Maximum maturity shall not exceed 3 years
4. Payment of interest and repayment of loan shall be made by credit to the lender's NRO Account.
Repayment including principal cannot go in NRE/ FCNR Account

 NRIs / PIO can give loan to Indian Company by one of the following way:

A. Companies have issued Non-convertible Debentures (NCDs) by public offer

B. Companies have raised External Commercial Borrowing. Only those Non Residents who hold minimum
25% of paid-up equity of the company are eligible to lend under ECB route.

INVESTMENT BY NON-RESIDENT

 NRIs are allowed to invest in shares of listed Indian companies in recognised Stock Exchanges only under the
Portfolio Investment Scheme (PIS) on repatriation & non-repatriation basis up to 5 per cent of the paid- up
capital / paid-up value of each series of debentures of listed Indian companies. If the NRI invests under
Foreign Direct Investment Scheme, transaction to be processed as per applicable Foreign Direct Investment
process as mandated by RBI

 NRI, on non-repatriation basis, without limit can purchase dated Government securities, treasury bills, units of
domestic mutual funds, units of Money Market Mutual Funds without any limit by way of inward remittance/
NRE/ NRO/ FCNR Account. Investments in Small Savings Schemes including PPF are not permitted. In case
of investment on non-repatriation basis, the sale proceeds shall be credited to NRO account. The amount
invested under the scheme and the capital appreciation thereon will not be allowed to be repatriated abroad.

 NRI, on repatriation basis, without limit, can purchase Government dated securities (other than bearer
securities) or treasury bills or units of domestic mutual funds; bonds issued by a public sector undertaking
(PSU) in India and shares in Public Sector Enterprises being disinvested by the Government of India, Sale
proceeds can be credited to NRE Account provided purchase was made by debit to NRE Account.

Ver_Nov2016
Bank Copy

INVESTMENT IN PROPERTY

 NRIs / PIOs can acquire immovable property in India other than an agricultural property, plantation or a farm
house provided payment of purchase price shall be made out of (i) funds received in India through normal
banking channels by way of inward remittance from any place outside India or (ii) funds held in any non-
resident account
 NRIs or PIOs cannot repatriate the principal amount of more than 2 residential properties in his entire lifetime
through the NRE route, provided the purchase was made originally by debit to NRE A/C. The principal
amounts of the remaining residential properties plus the capital gains (after payment of taxes) of all the
properties have to be only routed through the NRO route.

ACCOUNT TRANSACTIONS

 Repatriation from NRO Account including transfer to NRE account is restricted up to USD 1 million per
financial year subject to payment of tax, as applicable.
 Legitimate dues including current income like rent, dividend, pension, interest etc can be credited to both NRO
and NRE Account
 Transfer from NRO to customer’s own NRO is allowed. Legitimate third party transfers i.e. transfer from any
other non-resident’s NRO accounts are permitted as per applicable RBI/ FEMA guidelines.

List of permissible Debits & Credits for NRO Account

DEBITS

1. All local payments in rupees including payments for investments in India subject to compliance with the
relevant regulations made by the Reserve Bank of India
2. Remittance outside India of current income like rent, dividend, pension, interest, etc. in India of the account
holder
3. Remittance up to USD one million, per financial year (April - March), for all bonafide purposes, to the
satisfaction of the Authorised Dealer bank
4. Transfer to NRI’s own NRE account within the overall ceiling of USD one million per financial year subject to
payment of tax, as applicable International Banking TID Version – June 2014
5. Legitimate transfers to other NRO accounts.
6. Settlement of charges on International Credit Cards issued by authorised dealer banks in India to NRIs or
PIOs, subject to the limits for repatriation of balances held in NRO accounts specified in regulation 4(2) of
Foreign Exchange Management (Remittance of Assets) Regulations, 2016.

CREDITS

1. Proceeds of remittances from outside India through normal banking channels received in foreign currency
which is freely convertible
2. Any foreign currency, which is freely convertible, tendered by the account holder during his temporary visit to
India. Foreign currency exceeding USD 5000 or its equivalent in the form of cash should be supported by
currency declaration form. Rupee funds should be supported by encashment certificate, if they represent
funds brought from outside India
3. Transfers from rupee accounts of non-resident banks
4. Legitimate dues in India of the account holder. This includes current income like rent, dividend, pension,
interest, etc
5. Legitimate transfers from other NRO accounts
6. Sale proceeds of assets including immovable property acquired out of rupee / foreign currency funds or by
way of legacy /inheritance
7. Gift from close relative Resident Individual by way of crossed cheque/ electronic transfer within the overall
limit of the Liberalized Remittance Scheme
8. Loan from close relative Resident Individual by way of crossed cheque/ electronic transfer within the overall
limit of the Liberalized Remittance Scheme

List of permissible debits & credits for NRE Account:

DEBITS

1. Local Disbursements
2. Remittances outside India
Ver_Nov2016
Bank Copy

3. Transfer to NRE / FCNR accounts of the account holder or any other person eligible to maintain such account
4. Investment in shares / securities / commercial paper of an Indian company. Secondary market purchase to be
made under PIS route.
5. Purchase of immovable property in India
6. Loan to Indian resident under restrictions as detailed in ‘Lending’ section as mentioned above.

CREDITS

1. Proceeds of remittances to India in any permitted currency

2. Proceeds of personal cheques drawn by the account holder on his foreign currency account and of travellers
cheques, bank drafts payable in any permitted currency including instruments expressed in Indian rupees for
which reimbursement will be received in foreign currency, deposited by the account holder in person during
his temporary visit to India, provided the authorised dealer bank is satisfied that the account holder is still
resident outside India, the travellers' cheques / drafts are standing / endorsed in the name of the account
holder and in the case of travellers' cheques, they were issued outside India.
3. Proceeds of foreign currency / bank notes tendered by account holder during his temporary visit to India,
provided (i) the amount was declared on a Currency Declaration Form (CDF), where applicable, and (ii) the
notes are tendered to the authorised dealer in person by the account holder himself and the authorised dealer
is satisfied that account holder is a person resident outside India.
4. Transfers from other NRE / FCNR accounts
5. Interest accruing on the funds held in the account
6. Current income in India due to the account holder, subject to payment of applicable taxes in India
7. Interest on Government securities and dividend on units of mutual funds, provided the securities / units were
purchased by debit to the account holder's NRE / FCNR account or out of inward remittance through normal
banking channels
8. Maturity proceeds of Government securities including National Plan / Savings Certificates as well as proceeds
of Government securities and units of mutual funds sold on a recognised stock exchange in India and sale
proceeds of units received from mutual funds, provided the securities / units were originally purchased by
debit to the account holders NRE / FCNR account or out of remittances received from outside India in free
foreign exchange
9. Refund of share / debenture subscriptions to new issues of Indian companies or portion thereof, if the amount
of subscription was paid from the same account or from other NRE / FCNR account of the account holders or
by remittance from outside India through normal banking channels
10. Refund of application / earnest money / purchase consideration made by the house building agencies / seller
on account of non-allotment of flat / plot / cancellation of bookings / deals for purchase of residential /
commercial property, together with interest, if any (net of income tax payable thereon), provided the original
payment was made out of NRE / FCNR account of the account holder or remittance from outside India
through normal banking channels and the authorised dealer is satisfied about the genuineness of the
transaction
11. Transfer of balances from EEFC/ RFC/ RFC(D) Accounts consequent to change in status from Resident to
Non Resident
12. Repayment of loan availed by close relative Indian resident under USD 250,000
13. Funds from NRI’s own NRO under USD 1 million limit

Signature of 1st Account Holder Signature of 2nd Account Holder

_______________________________________________ __________________________________________

Name of 1st Account Holder Name of 2nd Account Holder

Ver_Nov2016
Customer Copy

Transaction Information Document

Dear Customer,

Thank you for applying for a Non Resident account with Standard Chartered Bank. We would request you to go
through the below information before you sign up to open your account with us. The information provided herein is
based on the guidelines and regulations issued by the Reserve Bank of India (RBI) as on date and are not
comprehensive. In case you need any further information, we request you to refer to the RBI circulars and regulations.
You are requested to stay updated with applicable guidelines and regulations issued by RBI from time to time.

Important points that you should know about your Non Resident Account

LENDING BY NON RESIDENT TO INDIAN RESIDENT/ COMPANY

 NRIs/ PIOs can give loans to Indian Residents in the following 2 ways:

A. Inward Remittance or debit to the NRE / FCNR account subject to following conditions:
1. Loan can only be given to close relatives for a sum not exceeding US$ 2,50,000 or its equivalent
2. Loan has to be free of interest
3. Minimum maturity of loan is 1 year
4. Repayment can come to NRO/ NRE/ FCNR Account

B. Inward Remittance or debit to the NRO / NRE / FCNR Account subject to following conditions:
1. Loan can be given to resident individuals
2. Rate of interest of loan cannot exceed 2% over prevailing Bank Rate on the date of loan availment
3. Maximum maturity shall not exceed 3 years
4. Payment of interest and repayment of loan shall be made by credit to the lender's NRO Account.
Repayment including principal cannot go in NRE/ FCNR Account

 NRIs / PIO can give loan to Indian Company by one of the following way:

A. Companies have issued Non-convertible Debentures (NCDs) by public offer

B. Companies have raised External Commercial Borrowing. Only those Non Residents who hold minimum
25% of paid-up equity of the company are eligible to lend under ECB route.

INVESTMENT BY NON-RESIDENT

 NRIs are allowed to invest in shares of listed Indian companies in recognised Stock Exchanges only under the
Portfolio Investment Scheme (PIS) on repatriation & non-repatriation basis up to 5 per cent of the paid- up
capital / paid-up value of each series of debentures of listed Indian companies. If the NRI invests under
Foreign Direct Investment Scheme, transaction to be processed as per applicable Foreign Direct Investment
process as mandated by RBI

 NRI, on non-repatriation basis, without limit can purchase dated Government securities, treasury bills, units of
domestic mutual funds, units of Money Market Mutual Funds without any limit by way of inward remittance/
NRE/ NRO/ FCNR Account. Investments in Small Savings Schemes including PPF are not permitted. In case
of investment on non-repatriation basis, the sale proceeds shall be credited to NRO account. The amount
invested under the scheme and the capital appreciation thereon will not be allowed to be repatriated abroad.

 NRI, on repatriation basis, without limit, can purchase Government dated securities (other than bearer
securities) or treasury bills or units of domestic mutual funds; bonds issued by a public sector undertaking
(PSU) in India and shares in Public Sector Enterprises being disinvested by the Government of India, Sale
proceeds can be credited to NRE Account provided purchase was made by debit to NRE Account.

Ver_Nov2016
Customer Copy

INVESTMENT IN PROPERTY

 NRIs / PIOs can acquire immovable property in India other than an agricultural property, plantation or a farm
house provided payment of purchase price shall be made out of (i) funds received in India through normal
banking channels by way of inward remittance from any place outside India or (ii) funds held in any non-
resident account
 NRIs or PIOs cannot repatriate the principal amount of more than 2 residential properties in his entire lifetime
through the NRE route, provided the purchase was made originally by debit to NRE A/C. The principal
amounts of the remaining residential properties plus the capital gains (after payment of taxes) of all the
properties have to be only routed through the NRO route.

ACCOUNT TRANSACTIONS

 Repatriation from NRO Account including transfer to NRE account is restricted up to USD 1 million per
financial year subject to payment of tax, as applicable.
 Legitimate dues including current income like rent, dividend, pension, interest etc can be credited to both NRO
and NRE Account
 Transfer from NRO to customer’s own NRO is allowed. Legitimate third party transfers i.e. transfer from any
other non-resident’s NRO accounts are permitted as per applicable RBI/ FEMA guidelines.

List of permissible Debits & Credits for NRO Account

DEBITS

1. All local payments in rupees including payments for investments in India subject to compliance with the
relevant regulations made by the Reserve Bank of India
2. Remittance outside India of current income like rent, dividend, pension, interest, etc. in India of the account
holder
3. Remittance up to USD one million, per financial year (April - March), for all bonafide purposes, to the
satisfaction of the Authorised Dealer bank
4. Transfer to NRI’s own NRE account within the overall ceiling of USD one million per financial year subject to
payment of tax, as applicable International Banking TID Version – June 2014
5. Legitimate transfers to other NRO accounts.
6. Settlement of charges on International Credit Cards issued by authorised dealer banks in India to NRIs or
PIOs, subject to the limits for repatriation of balances held in NRO accounts specified in regulation 4(2) of
Foreign Exchange Management (Remittance of Assets) Regulations, 2016.

CREDITS

1. Proceeds of remittances from outside India through normal banking channels received in foreign currency
which is freely convertible
2. Any foreign currency, which is freely convertible, tendered by the account holder during his temporary visit to
India. Foreign currency exceeding USD 5000 or its equivalent in the form of cash should be supported by
currency declaration form. Rupee funds should be supported by encashment certificate, if they represent
funds brought from outside India
3. Transfers from rupee accounts of non-resident banks
4. Legitimate dues in India of the account holder. This includes current income like rent, dividend, pension,
interest, etc
5. Legitimate transfers from other NRO accounts
6. Sale proceeds of assets including immovable property acquired out of rupee / foreign currency funds or by
way of legacy /inheritance
7. Gift from close relative Resident Individual by way of crossed cheque/ electronic transfer within the overall
limit of the Liberalized Remittance Scheme
8. Loan from close relative Resident Individual by way of crossed cheque/ electronic transfer within the overall
limit of the Liberalized Remittance Scheme

List of permissible debits & credits for NRE Account:

DEBITS

1. Local Disbursements
2. Remittances outside India
Ver_Nov2016
Customer Copy

3. Transfer to NRE / FCNR accounts of the account holder or any other person eligible to maintain such account
4. Investment in shares / securities / commercial paper of an Indian company. Secondary market purchase to be
made under PIS route.
5. Purchase of immovable property in India
6. Loan to Indian resident under restrictions as detailed in ‘Lending’ section as mentioned above.

CREDITS

1. Proceeds of remittances to India in any permitted currency

2. Proceeds of personal cheques drawn by the account holder on his foreign currency account and of travellers
cheques, bank drafts payable in any permitted currency including instruments expressed in Indian rupees for
which reimbursement will be received in foreign currency, deposited by the account holder in person during
his temporary visit to India, provided the authorised dealer bank is satisfied that the account holder is still
resident outside India, the travellers' cheques / drafts are standing / endorsed in the name of the account
holder and in the case of travellers' cheques, they were issued outside India.
3. Proceeds of foreign currency / bank notes tendered by account holder during his temporary visit to India,
provided (i) the amount was declared on a Currency Declaration Form (CDF), where applicable, and (ii) the
notes are tendered to the authorised dealer in person by the account holder himself and the authorised dealer
is satisfied that account holder is a person resident outside India.
4. Transfers from other NRE / FCNR accounts
5. Interest accruing on the funds held in the account
6. Current income in India due to the account holder, subject to payment of applicable taxes in India
7. Interest on Government securities and dividend on units of mutual funds, provided the securities / units were
purchased by debit to the account holder's NRE / FCNR account or out of inward remittance through normal
banking channels
8. Maturity proceeds of Government securities including National Plan / Savings Certificates as well as proceeds
of Government securities and units of mutual funds sold on a recognised stock exchange in India and sale
proceeds of units received from mutual funds, provided the securities / units were originally purchased by
debit to the account holders NRE / FCNR account or out of remittances received from outside India in free
foreign exchange
9. Refund of share / debenture subscriptions to new issues of Indian companies or portion thereof, if the amount
of subscription was paid from the same account or from other NRE / FCNR account of the account holders or
by remittance from outside India through normal banking channels
10. Refund of application / earnest money / purchase consideration made by the house building agencies / seller
on account of non-allotment of flat / plot / cancellation of bookings / deals for purchase of residential /
commercial property, together with interest, if any (net of income tax payable thereon), provided the original
payment was made out of NRE / FCNR account of the account holder or remittance from outside India
through normal banking channels and the authorised dealer is satisfied about the genuineness of the
transaction
11. Transfer of balances from EEFC/ RFC/ RFC(D) Accounts consequent to change in status from Resident to
Non Resident
12. Repayment of loan availed by close relative Indian resident under USD 250,000
13. Funds from NRI’s own NRO under USD 1 million limit

Signature of 1st Account Holder Signature of 2nd Account Holder

_______________________________________________ __________________________________________

Name of 1st Account Holder Name of 2nd Account Holder

Ver_Nov2016
 Income-tax Rules, 1962
FORM NO. 60
[See second proviso to rule 114B]
Form for declaration to be filed by an individual or a person (not being a company or
firm) who does not have a permanent account number and who enters into any
transaction specified in rule 114B
1 First Name
Middle Nam
Surname
2 Date of Birth/ Incorporation of declarant D D M M Y Y Y Y
3 Father’s Name (in case of individual)
First Name
Middle Name
Surname
4 Flat/ Room No. 5 Floor No.

6 Name of premises 7 Block Name/No.

8 Road/ Street/ Lane 9 Area/ Locality

10 Town/ City 11 District 12 State

13 Pin code 14 Telephone Number (with STD code) 15 Mobile Number

16 Amount of transaction (Rs.)

17 Date of transaction D D M M Y Y Y Y
18 In case of transaction in joint names, number of persons involved in the
transaction
19 Mode of transaction: Cash, Cheque, Card, Draft/Banker’s Cheque,
Online transfer, Other
20 Aadhaar Number issued by UIDAI (if available)
 21 If applied for PAN and it is not yet generated enter D D M M Y Y Y Y
date of application and acknowledgement number
22 If PAN not applied, fill estimated total income (including income of spouse, minor
child etc. as per section 64 of Income-tax Act, 1961) for the financial year in which
the above transaction is held
a Agricultural income (Rs.)
b Other than agricultural income (Rs.)
23 Details of document being Document Document Name and address of the
produced in support of identify code identification authority issuing the
in Column 1 (Refer Instruction number document
overleaf)
24 Details of document being Document Document Name and address of the
produced in support of address code identification authority issuing the
in Columns 4 to 13 (Refer number document
Instruction overleaf)

Verification
I, _______________________________________________ do hereby declare that what
is stated above is true to the best of my knowledge and belief. I further declare that I do
not have a Permanent Account Number and my/ our estimated total income (including
income of spouse, minor child etc. as per section 64 of Income-tax Act, 1961) computed
in accordance with the provisions of Income-tax Act, 1961 for the financial year in which
the above transaction is held will be less than maximum amount not chargeable to tax.
Verified today, the ______________ day of ______________ 20_____

Place: ____________ (Signature of declarant)

Note:
1. Before signing the declaration, the declarant should satisfy himself that the information
furnished in this form is true, correct and complete in all respects. Any person making a
false statement in the declaration shall be liable to prosecution under section 277 of the
Income-tax Act, 1961 and on conviction be punishable,
(i) in a case where tax sought to be evaded exceeds twenty-five lakh rupees, with
rigorous imprisonment which shall not be less than six months but which may
extend to seven years and with fine;
(ii) in any other case, with rigorous imprisonment which shall not be less than three
months but which may extend to two years and with fine.
2. The person accepting the declaration shall not accept the declaration where the amount
of income of the nature referred to in item 22b exceeds the maximum amount which is
not chargeable to tax, unless PAN is applied for and column 21 is duly filled.

Instruction:
(1) Documents which can be produced in support of identity and address (not required if
applied for PAN and item 20 is filled): -
Sl. Nature of Document Document Proof of Proof of
Code Identity Address
A For Individuals and HUF
1. AADHAR card 01 Yes Yes
2. Bank/Post office passbook bearing photograph 02 Yes Yes
of the person
3. Elector’s photo identity card 03 Yes Yes
4. Ration/Public Distribution System card 04 Yes Yes
bearing photograph of the person
5. Driving License 05 Yes Yes
6. Passport 06 Yes Yes
7. Pensioner Photo card 07 Yes Yes
8. National Rural Employment Guarantee 08 Yes Yes
Scheme (NREGS) Job card
9. Caste or Domicile certificate bearing photo of 09 Yes Yes
the person
10. Certificate of identity/address signed by a 10 Yes Yes
Member of Parliament or Member of
Legislative Assembly or Municipal Councillor
or a Gazetted Officer as per annexure A
prescribed in Form 49A
11. Certificate from employer as per annexure B 11 Yes Yes
prescribed in Form 49A
12. Kisan passbook bearing photo 12 Yes No
13. Arm’s license 13 Yes No
14. Central Government Health Scheme 14 Yes No
/Ex-servicemen Contributory Health Scheme
card
 15. Photo identity card issued by the government./ 15 Yes No
Public Sector Undertaking
16. Electricity bill (Not more than 3 months old) 16 No Yes
17. Landline Telephone bill (Not more than 3 17 No Yes
months old)
18. Water bill (Not more than 3 months old) 18 No Yes
19. Consumer gas card/book or piped gas bill (Not 19 No Yes
more than 3 months old)
20. Bank Account Statement (Not more than 3 20 No Yes
months old)
21. Credit Card statement (Not more than 3 21 No Yes
months old)
22. Depository Account Statement (Not more than 22 No Yes
3 months old)
23. Property registration document 23 No Yes
24. Allotment letter of accommodation from 24 No Yes
Government
25. Passport of spouse bearing name of the person 25 No Yes
26. Property tax payment receipt (Not more than 26 No Yes
one year old)
B For Association of persons (Trusts)
Copy of trust deed or copy of certificate of 27 Yes Yes
registration issued by Charity Commissioner
C For Association of persons (other than Trusts) or
Body of Individuals or Local authority or
Artificial Juridical Person)
Copy of Agreement or copy of certificate of 28 Yes Yes
registration issued by Charity commissioner or
Registrar of Cooperative society or any other
competent authority or any other document
originating from any Central or State Government
Department establishing identity and address of
such person.
 (2) In case of a transaction in the name of a Minor, any of the above mentioned
documents as proof of Identity and Address of any of parents/guardians of such
minor shall be deemed to be the proof of identity and address for the minor
declarant, and the declaration should be signed by the parent/guardian.
(3) For HUF any document in the name of Karta of HUF is required.
(4) In case the transaction is in the name of more than one person the total number of
persons should be mentioned in Sl. No. 18 and the total amount of transaction is to
be filled in Sl. No. 16.
In case the estimated total income in column 22b exceeds the maximum amount not
chargeable to tax the person should apply for PAN, fill out item 21 and furnish proof of
submission of application.
 Account Opening Supplement– CKYCR (Central KYC Records Registry) Additional Data Capture
Form
This form must be completed by any individual who wishes to open a banking account. This form is supplemental to the account
opening form and all information provided in this supplemental account opening form and the account opening form are true
and accurate. Please use separate form for each individual account holder. Please fill in Block Letters.
The Government of India has authorised the Central Registry of Securitisation Asset Reconstruction and Security Interest of India
(CERSAI), to act as, and to perform the functions of the CKYCR. Standard Chartered Bank shall share your KYC data by uploading
the same with CERSAI in accordance with the operational guidelines.
For Office Use Only Application Type New Update BAR Code
CKYC Number

Personal Details

Full Name
Prefix First Name Middle Name Last Name

Maiden Name (If Any)

Father’s\Spouse Name
(Pls Select) Prefix First Name Middle Name Last Name

Mother’s Name
Prefix First Name Middle Name Last Name

Citizenship IN – India Others____________ Country of Residence

Gender Male Female Others________

Place/City of Birth
Country of Birth
(For NR clients)
District – District –
Residence Address Permanent Address
Residential Status Resident Individual Non Resident Indian Foreign National Person of Indian Origin

Service Please tick  Private / Public / Government

Occupation Type Others Please tick  Professional / Self Employed / Retired / Housewife / Student
Business Not Categorised
Passport Voter ID PAN Driving License
Proof of Identity
UID (Aadhaar) NREGA Job Card Others __________________

Document Number Document Expiry (DD-MM-YYYY)

Passport Voter ID Driving License

Proof of Address
UID (Aadhaar) NREGA Job Card Others __________________

Document Number Document Expiry (DD-MM-YYYY)

Tax identification
Number (For NR Mortgage)
Applicant’s Signature For Office Use

Name
Signature
PSID
Date Designation

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