INDIA NON JUDICIAL ! Government of National Capital Territory of Dell e-Stamp Certificate No. IN-DL11789536156184Q Certticate Issued Dato 04-Dec-2018 12:54 PM DQ Account Reference IMPACC (IV) 1740908/ DELHI DL-DLH Unique Doc. Reference 1 SUBIN-DLDL74090328437251764163Q Purchased by 1 INDIAN COAST GUARD Description of Document 1 Article Others Property Description Not Applicable Consideration Price (Rs.) 10 (Zero) First Party 1 INDIAN COAST GUARD Second Party ICICI BANK LTD Stamp Duty Paid By : INDIAN COAST GUARD ¥ Stamp Duty Amount(Rs.) : 100 (One Hundred only) 4S ineace tary desreparcy poms ior he Compre AtoMEMORANDUM OF UNDERSTANDING This Memorandum of Understanding (“MoU") (Renewal of MoU) is made at New Delhi on 5” Dec, 2018 between Indian Coast Guard represented by DIG N K Kaul, TM, Principal Director (Administration) having its headquarters at National Stadium Complex, New Delhi - 110001 (hereinafter called the Indian Coast Guard which expression shall unless the context otherwise requires include its successors/legal heirs/administrators/Executors and permitted assigns). AND ICICI Bank Ltd, a company incorporated under the Companies Act, 1956 and a banking company within the meaning of the Banking Regulation Act 1949 and having its registered office at ICICI Bank Towers, Near Chakli Circle, Old Padra Road, Vadodara 390007, Gujarat and its corporate office at ICICI Bank Towers, Bandra Kurla Complex, Mumbai 400081, (hereinafter called “ICICI Bank” or “Bank” which expression shall unless it be repugnant to the context or meaning thereof, be deemed to mean and include its successors and assigns). ICICI Bank and Indian Coast Guard are collectively in this MoU referred to as the “the Parties” and individually as “Party”. WHEREAS The Indian Coast Guard in its efforts to simplify and streamline the salary disbursement procedure and to make available modern banking facilities to its personnel has decided to accept the proposal submitted by ICICI Bank. And ICICI Bank possessing technologically advanced infrastructural facilities is agreeable to providing banking services as detailed herein below to the Indian Coast Guard personnel operating their salary accounts with the Bank. Now therefore this Memorandum of Understanding witnesses as under Both Parties have agreed as follows: - Definitions: In this MoU, unless the context or meaning thereof otherwise requires the following words/expressions/terms shall have the meaning assigned to them, respectively hereafter: “affiliate of ICICI Bank” means and includes: a) any company which is the holding company or subsidiary of ICICI Bank, or b)_ a person under the control of or under common control with ICICI Bank, or ¢) any person, in more than 26% of the voting securities of which ICICI Bank has a direct or beneficial interest or control. NK Kaul 1 Deputy Inspector General Principal Director (Administration) Coast Guard HOrs /N. DelhiFor the purpose of the definition of “Affiliate of ICICI Bank’, “contro!” includes the power to direct, the management and policies of an entity, directly or indirectly, whether through the ownership of voting capital, by contract or otherwise. “Indian Coast Guard Personne!” shall mean all personnel employed with the Indian Coast Guard having salary accounts with ICICI Bank. “Anywhere Banking “shall mean that the Indian Coast Guard Personnel will be entitled to access. their bank accounts from any branch of ICICI Bank located in the Indian territory. “Bank working day” means any day on which the banks in Mumbai and in the relevant specif location or other location in India are open for purposes of business. “Defence Salary Account” shall mean a salary account held by Indian Coast Guard Personnel “Effective date” means the date on which this Memorandum of Understanding has been executed. "Sundry Payments” shall include all such credits into the accounts of Indian Coast Guard Personnel during the month, other than Salary credits. Paying Authority” shall mean the Indian Coast Guard establishment making salary payments i uard Personnel Pe 1d of MoU. This MoU shall be operative initially for a period of 3 years w.e.t. 5" day of Dec 2018 which may be extended for a further period of 3 years or as mutually agreed by both the Parties in writing, However, the MoU shall be reviewed by ICICI Bank every year, for any amendmentiaddition/deletion of features of the facilities offered by ICICI Bank. 2. Credit of Salary a.) ICICI Bank undertakes to credit into Defence Salary Account, the salaries of all Indian Coast Guard Personnel who may be holding their accounts in the various branches of ICICI Bank, their salary by last working day of the month or on such dates communicated in writing by the Paying Authority. The salary cheques) for Defence Salary Account/salary details are to be furnished by the Paying Authority three working days before the date of actual disbursement of salary as per the medium and format acceptable to ICICI Bank. Alternatively, payments can also be processed by using NEFT/RTGS.; The Bank will arrange timely clearance of the cheque(s) and ensure that the salary is credited to respective accounts and is available for withdrawal by the Indian Coast Guard Personnel on the scheduled date of disbursement of salary. b,) Sundry Payments during the month are also to be remitted to individual Defence Salary Account holders as per details provided by Paying Authority. For all non-salary payments, money will be transferred to respective accounts within 24 hours/one working day of realization of cheque. For postings done by Paying Authority through Corporate Internet Banking the transactions will be carried out as scheduled at the time of upload. In case of failed transaction\s), details of the accounts along with amount where money could not be transferred will be intimated in writing to the Paying hin 2 working days. ICICI Bank will arrange for credit of salaries and sundry ; ; ER ae Bred: (tation) icici Ba (EB); msepayments to account holder/s of other Banks through NEFT, RTGS, ete. ICICI Bank will not charge any commission or service charges either from the Indian Coast Guard or the Indian Coast Guard Personnel for the services rendered as per clauses 2 a) and / or 2b) herein above. c.) Existing salary account of Indian Coast Guard personnel will be converted to Defence Salary Account, no separate letter is required for this conversion. Existing Savings Account holders can apply for Defence Salary Account by applying for the same as per Annexure IV. A'No Dues’ Certificate will be issued by ICICI Bank in the event of a DSA Account-indian Coastguard Personnel is desirous of changing his/her account to another Bank for credit of salary. Specimen ‘No Dues Certificate is as per Annexure V. d.) Indian Ce rd_does not undertake an Indian Coast Guard Personnel in their individual capacities. The Indian Coast Guard will not be impleaded in any claim, action, lawsuit which an Indian Coast Guard Personnel may file against ICICI Bank or vice versa i.e. which ICICI Bank may file against the Indian Coast Guard Personnel. However, Indian Coast Guard shall provide information about defaulters as regards their current postal address maintained in the records subject to denial due to exigencies of service/ security considerations, 3, Improvement / Upgradation of Campus branches: ICICI Bank will renovate all Campus Branches and provide latest technologies to facilitate simple and efficient operation of accounts as mutually agreed between the Par 4, Facilities to Indian Coast Guard Personnel ICICI Bank undertakes to provide following facilities/services to Indian Coast Guard Personnel drawing their salary through any of its branches: ‘+ Usage of the ICICI Bank ATM network free of charge. ‘+ Usage of other banks’ ATMs (domestic) free of cost ‘+ Anywhere Banking services. ‘+ Savings Account Portability facility. + Free Debit Card. ‘+ Free Add-on Debit Card for Joint Account holders. ‘+ Free facility for setting up of Standing Instructions, «Preferential allotment of safe deposit lockers, subject to availability, ‘© Customer Care facility, Internet Banking and Mobile Banking facility. «Funding between 75-90%**** (Subject to eligibility Criteria) of the property cost based on loan amount. ‘+ Loans will be disbursed to the eligible personnel upon fulfilment of eligibility criteria, by the Indian Coast Guard Personnel and on meeting of Bank's terms and conditions, including establishing of the applicant's creditworthiness as per the Bank's guidelines. ‘© RO! (rate of interest) for loans are subject to change within the MOU tenure. All other facilities being provided to Bank’s normal customers operating sala accounts, Principal Director (Administration) Coast Guard HOrs / N. Delhi* For eligible Gallantry award winners, ICICI Bank would offer: © 100% Processing Fees waiver on Home Loans, Auto Loans and Personal Loans © An additional reduction of 25 basis points (bps) on Personal Loans + rate of interest/bps is subject to change as decided and notified by ICICI Bank on its website www. ieieibank.com from time to time. ‘+ ****Property should be in ICICI Bank approved locations. 5. Other facilities will be as under depending upon the grade of the Indian Coast Guard personnel. DEFENCE SALARY ACCOUNT BY ICICI Bank Eligibility | Enrolled Assistant Commandant | Deputy PersonnelEnrolled | Commandant | (JG)/ Inspector Followers iDeputy Commandant | General and Commandant above Minimum | NIL Ni NIL Nit Balance Required Zero Balance | Yes, with _no|Yes, with no|Yes, with no| Yes, with no Salary charges charges charges charges Account Benefits for | Yes, ford members | Yes, for 4|Ves, for 4|Yes, for 4 family in the family members in the | members in the | members in the family famil famil Other i) PPFINPS facility |i) | PPFINPS|i) PPF/NPS|i) ——-PPFINPS features available facility available | facility available | facility available ii) E KYC device | ii) E KYC device | ii) E KYC device | ii) E KYC device account account account account opening/Express | opening/Express | opening/Express | opening/Express Tab account |Tab account| Tab account| Tab account opening opening opening opening ii) Tax assist iii) Tax assist | ii) Tax assist _| ii) Tax assist iv) Dedicated | iv) Dedicated | iv) Dedicated | iv) Dedicated relationship relationship relationship relationship manager for Indian | manager for | manager —_for| manager —_ for Coast Guard Indian Coast | Indian Coast | indian Coast Guard Guard Guard Microsite | Yes, dedicated ICICI | Yes, dedicated | Yes, dedicated | Yes, dedicated Bank salary account | ICICI Bank salary | ICICI Bank salary | ICICI Bank salary webpage for Indian | account account account Coast Guard | webpage for | webpage __for| webpage _ for personnel Indian Coast | Indian Coast | Indian Coast i) Check exclusive | Guard personnel | Guard personnel | Guard personnel product details i Check | i) Check Check ii) Apply for various | exclusive exclusive exclusive banking products | product details | product details | product details from this webpage | ii) Apply for any | ii) Apply for any | ii) Apply for any as per offer product from | product from product from this webpage as | this webpage as | this webpage as per offer per offer perptier (| _@t Actes BaiLifetime ‘Available ‘Available Available ‘Available Unique Account Number Saving Yes Yes Yes Yes Account Portability facility ‘ATM cum | Free Free Free Free Debit Card Defence Silverdebit | Gold Debit Card | Titanium Debit| World — Debit card Card Card Unlimited number | Unlimited Unlimited Unlimited of transactions number of | number of |number of transactions _| transactions __| transactions No ‘annual | No ‘annual | No annual | No annual maintenance maintenance | maintenance —_| maintenance charges charges charges charges Free Add-oncard [Free Add-on|Free © Add-on|Free Add-on card card card Rs 1 lac limit for] Rs 1.25 lac limit | Rs 1.5 lac limit | Rs 2 lacs limit for Point of _ Sale/ for Point of Sale/ | for Point of Sale/ | Point of Sale/ Merchant Merchant Merchant Merchant Establishments Establishments _| Establishments _| Establishments Rs 30 lacs PAI Rs 30 lacs PAI_| Rs 30 lacs PAI | Rs 30 lacs PAI Rs 100 lacs Air|Rs 100 lacs Air| Rs 100 lacs Air| Rs 100 lacs Air Accident Insurance | Accident ‘Accident Accident cover Insurance cover_| Insurance cover_| insurance cover ‘Accident Upto Rs 30 lacs | Upto Rs 30 lacs | Upto Rs 30 lacs | Upto Rs 30 lacs leading to Partial Disability & Permanent Total Disability Benefit z Education | Free higher education benefits after Grade XII of up to Rs. 1 lac per year for Benefit 4 years for wards of employees. Restricted up to maximum two children irrespective of total children of the insured member Purchase |The goods you] The goods you|The goods you| The goods you Protection | purchase using | purchase using | purchase using | purchase using your ICICI Bank | your ICICI Bank | your ICICI Bank | your ICICI Bank Debit Card are | Debit Card are | Debit Card are | Debit Card are secured from theft, | secured from| secured from | secured from fire or loss in transit | theft, fire or loss | theft, fire or loss | thett, fire or loss till 90 days from the | in transit till 90 in transit till 90 | in transit till 90 date of purchase | days from the|days from the | days from the Vlac date of purchase | date of purchase | date of purchase ‘lac 15 lac 2.5 lac ‘Any number of |Any number of| Any number of | Any number of transactions subject | transactions _| transactions _| transactions. [toa maximum limit | subject to__a| subject toa subject to z 5 _ ee ArciciBa ‘General Principal Director (Administration) ‘Guard HOrs / N. Delhi J ©‘of Rs. 60,000/- per day of Rs. 75,000/- | of Rs. 1,00,000/: | of Rs. 1,00,000/- per day per day per day “Flexibility to | *Flexibility to | *Flexibility to enhance the | enhance the | enhance —the daily limit daily limit daily limit maximum limit maximum — limit ‘maximum limit Special offer for indian armed forces: Unlimited free transactions at all other banks’ ATMs, subject to RBI regulations as applicable from time to time. Special offer for Indian armed forces Ei Unlimited free transactions at all_ other banks’ ATMs, subject to RBI regulations as applicable ‘Special offer for Indian armed forces: Unlimited free transactions at all_ other banks’ ATMs, subject to RBI regulations as applicable Special offer for Indian armed forces Unlimited free transactions at all_ other banks’ ATMs, subject to RBI regulations as applicable from time to|from time to| from time to time. time. time. internet Free facility offered | Free facility [Free facility | Free facility Banking from ICICI Bank.| offered from] offered from | offered from Charges applicable | ICICi Bank. |ICIC|_ = Bank. | ICICI Bank. to third party sites | Charges Charges Charges like Railways etc. payable. applicable to third party sites like Railways etc. applicable to third party sites like Railways etc. applicable to third party sites like Railways etc. ayable. payable. payable. Transactions | Free Free Free Free at Non home branches Transfer of | Free Free Free Free funds between ICICI Bank branches Cheque Book Unlimited Free Unlimited Free Unlimited Free Unlimited Free INRS) # Multi-city cheque | Multi-city Mult-city Multi-city book cheque book __| cheque book __| cheque book DraftiBankers | Free up to AS.|Free up to Rs. | Unlimited Unlimited Cheque 50,000 per day 1,00,000 per day No limit on number |No limit _on|No limit on| No limit on of DDs number of DDs_| number of DDs_| number of DDs Remittances | Free Free Free Free by Nepali Gorkha | soldiers under Nepal Express Remittance Scheme (NERS) and Indo Nepal Remittance ‘Scheme # ge NEFT charges for beneficiary account holders of NSBLMantri Awas Yojana Avail subsidy of up to 2.67 lacs under Pradhan Mantri Awas Yojana up to 2.67 lacs under Pradhan Mantri Awas Yojana up to 2.67 lacs under Pradhan RTGS Free Free Free Free (Online) NEFT (Online) | Free Free Free Free Preferential | Yes Yes Yes: Yes allotment of Lockers Concession in | 30% 30% 50% Free locker charges Utility Bill | Free Free Free Free Payments through Internet Money Threshold Amount: | Threshold Threshold Threshold Multiplier | Rs. 10,000; FDs to| Amount: Rs. | Amount: Rs. | Amount: Rs. Scheme be created —_in| 10,000; FDs to| 10,000; FDs to| 10,000; FDs to (Manual multiples of Rs.|be created in|be created in| be created in sweep-in &| 5,000 multiples of Rs. | multiples of Rs. | multiples of Rs. ‘Auto Sweep- 5,000 5,000 5,000 out Facility) Passbook | Free - Available on | Free — Available | Free - Available | Free - Available request on request on request on request Credit Cards | Life time free credit | Life time free|Life time free| Life time free card basis ranks | credit card basis | credit card basis | credit card basis ranks ranks ranks Processing | 0.25% or As. |0.25% or Rs.|0.25% or Rs.|0.25% or Rs. Charges on | 10,000** whichever | 10,000** 10,000" 10,000** Home Loans | is lower whichever is | whichever is | whichever is lower lower lower Home Search | Yes Yes Yes Yes facility Step up Enhanced Enhanced Enhanced Home Loan | Enhanced eligibility | eligibility by up | eligibility by up_| eligibility by up by up to 20% under | to 20% under | to 20% under | to 20% under Step up Home Step up Home | Step up Home _| Step up Home Loan Loan Loan Loan Pradhan ‘Avail subsidy of | Avail subsidy of | Avail subsidy of up to 2.67 lacs under Pradhan Mantri Awas Yojana Discount on Personal Loan Loan amount: >/= 20 Lac: 11.50% interest rate Loan amount: >/: 15-19.99 Lac: 11.99% interest rate Loan amount: >/= 10 to 14.99 Lai 12.25% interest rate Loan amount: < Loan amount: 20 Lac: 11.80% interest rate Loan amount: i= 15-19.99 Lac: 11.99% interest rate Loan amount: >/= 10 to 14.99 Mantri Awas Yojana Loan amount: >/= 20 Lac: 11.80% interest | rate Loan amount: 1-19.99 Lac: 11,99% interest rate Loan amount: >/= 10 to 14.99 Loan amount: >/= 20 La 11.50% interest rate Loan amount: >/= 15-19.99 Lac: 11.99% interest rate Loan amount: >/= 10 to 14.99 9.98Lac: 12.99% | tac: 12.26% | Lac: 12.25% | Cae: 1.25%, 7 ma Aiétcr Bal ‘General N Principal Director (Administration) Coast Guard Hors? Dane atinterest rate interestrate | interestrate | interest rate Loan amount:< | Loan emount:< | Loan amount: < 9,99Lac: 12.99% | 9.99Lac: 12.99% | 9.99Lac: 12.99% interestrate | interestrate _| interest rate Processing | Waived Waived Waived Waived Charges. on Personal Loans ‘Special 2000/- flat + GST | 2000/-flat + GST | 2000/-flat + GST | 2000/- fiat + GST Processing Fees on Auto Loans Motor Tncluded in the auto | Included in the | Included in the [Included in the Insurance | loan funding | auto loan | auto loan | auto loan amount funding amount _| funding amount_| funding amount Tenure of | upto 7 years upto7 years upto7years | upto 7 years Loan Prepayment | Part payment|Part payment |Pant payment] Part payment facility facility facility facility Pre-closure | Pre-closure charges | Pre-closure | Pre-closure Pre-closure Charges will be NIL if loan is | charges will be | charges will be | charges will be pre-closed after 24 | NILifloan is pre- | NIL if loan is pre- | NIL if loan is pre- months of loan | closed after 24| closed. after 24| closed after 24 seasoning subject | months of loan | months of loan | months of loan | to repayment from | seasoning seasoning seasoning | Icici Bank account| subject’ _to| subject —_—to| subject ——_—to | without any | repayment from | repayment from | repayment from bounces IIc! Bank | ICIcl Bank | ICIC!_ Bank account without | account without | account without any bounces | any bounces _| any bounces Salary IMCLR + 5.50%] | [MCLR + 5.50%] | [MCLR + 5.50%] | [MCLR + 5.50%] Overdraft | and Processing Fee | and Processing | and Processing | and Processing Account INR 999 and | Fee INR 999 and | Fee INR 999 and | Fee INR 999 and Refer Renewal fee INR | Renewal fee INR | Renewal fee INR | Renewal fee INR Annexure VI | 999 +ST | 999 +8T | 999 +ST| 999 +8T The limit setup is 2 | The limit setup is | The limit setup is | The limit setup is times of the net | 2timesofthe net | 2times of the net | 2 times of the net salary in hand | salary in hand] salary in hand| salary in hand subject to applicant | subject to subject to | subject. © to satisfying applicant applicant applicant underwriting norms | satisfying satisfying satisfying Minimum —- Rs | underwriting | underwriting | underwriting 30000/- norms norms norms Maximum 4 lac | Minimum - Rs | Minimum - Rs | Minimum - Rs 30000/- 30000/- 30000/- Maximum - 4 lac | Maximum - 4 lac | Maximum - 4 lac TDirect (in- | Yes Yes Yes Yes one account: Demat, share trading and SavingsWeaith No No No Yes Management Programme Pension Yes Yes Yes Yes ‘Account***** New Pension | Yes Yes Yes Yes System For further details of terms & condi 1m on Insuran To encourage and promote usage of Digital Banking among Salary account customers, we are requesting the customers to download I-Mobile application & register for Internet Banking. ** Plus applicable taxes +***#Subject to eligibility criteria, Based on loan amount. The property should be in ICICI Bank approved locations **** Subject to maximum LTV of 85% and credit policy of the bank as decided from time to time, ***** Pension Offering are given in Annexure Il For additional benefits under ICICI Bank Defence Salary Accounts, refer to Annexure | and Ill For Wealth Management Services - Refer para 7 below. 6. Debit cum ATM Card ICICI Bank agrees to issue a free Debit cum ATM card to all Defence salary account holders. ICICI Bank Debit Card will have the following features: 1. Zero Lost Card Liability. The Indian Coast Guard personnel due to fraudulent use of a lost Debit Card, be protected against loss 2. Purchase Protection. In case of theft/damage of the goods purchased on the Debit Card, insurance upto the limit as given below is available and up to 90 days from the date of purchase, 3. Personal Accident Insurance Cover, Permanent Disability Insurance Cover & other insurance benefits as described in the agreement In the unfortunate event of loss of life in a mishap, free insurance cover for the accident leading to loss of life is available to Debit Card holders up to the limit specified below subject to the nominee's submission of proper claims prescribed by the Insurance Company with whom ICICI Bank has a tie-up, the tie-up being subject to annual review and renewal. The Insurance Company, after receipt of the application of the nominee, will initiate the process of claim settlement. The Insurance Company, after receipt of the application of the, claimant,be directly taken up between the Insurance Co and the claimant. All the settlement’ disputes will be between the claimant and the insurance company and the Bank will act as a facilitator for resolution of disputes. The insurance cover’s will be a group insurance and taken for various entities, subject to terms and conditions as per Annexure Il Air Accident Insurance Cover. In the unfortunate event of loss of life in an air mishap, free insurance cover for the accident leading to loss of lif is available to Debit Card holders up to the limit specified below subject to the nominee's submission of proper claim as prescribed by the Insurance Company with whom ICICI Bank has a tie-up, the tie-up being subject to ennual review and renewal. The Insurance Company, after receipt of the application of the nominee, will initiate the process of claim settlement. The Insurance Company, after receipt of the application of the claimant, will initiate the process of claim settlement. All the correspondence related to claim will then be directly taken up between the Insurance Co and the claimant. All the settlement/ disputes will be between the claimant and the insurance company and the Bank will act as a facilitator for resolution of disputes. The insurance cover's will be a group insurance and taken for various entities, subject to terms and conditions as per Annexure Il. 7. ICICI Bank Wealth Management Relationship Apart from the above-mentioned facilities, ICICI Bank Wealth Management customers, will be given additional facilities as mentioned under: a) Higher daily ATM cash withdrawal limit of Rs 1 lac, b) Higher daily POS spend limit of Rs 2 lac. c) Personalized Embossed Card. d) Priority Sen es at Branches. e) Priority servicing on Phone Banking, f) Preferential rate on purchase of Foreign Exchange. 8. Recall of Salary Disbursed In exceptional circumstances, the Indian Coast Guard may recall the salary erroneously disbursed to deserters or delinquent personnel. Upon written request of the Indian Coast Guard communicating specific details of personnel, bank account number with ICICI Bank, period and amount, and further subject to written consent of the account holder provided by Indian Coast Guard and subject to availability of funds in the specified account and subject to the total amount of the last salary credit, the Bank will comply with the request, if provided within 3 working days from the date of disbursement of the last salary, and refund the amount by a Bank Draft to the Indian Coast Guard for crediting into their account. The Bank will not be liable or held accountable for any consequential or related action arising from the act of refund of amount to the Indian Coast Guard. Pending refund of the amount recalled, the Bank will mark a debit freeze hold on th eauired amount(s) so gotified by the Indian Coast Guard in the concerned cogs rr oe 10 ., NK a ICICI BR p General Principal Directorwith ICICI Bank to prevent fraudulent withdrawals from it. The above will not apply for salary accounts with other banks. 9. Complaint Redressal and Review Mechanism ‘A Complaint Redressal Mechanism has been structured, details of which will be provided by ICICI Bank. The complaints can be raised to the Relationship Manager from ICICI Bank to resolve all operational issues. All pending issues may be reviewed on a quarterly basis. Apart from the above, the complaints if any, may be referred to Bank Customer Grievance Redressal. In the event any dispute in relation to this MOU, the same shall be subjected to the jurisdiction of the courts in Delhi. 10. Termination This MOU may be terminated with immediate effect by either Party giving notice of termination to the other Party (the “Defaulting Party”) provided; ()) If the Defaulting Party has committed a material breach of any term of this MOU and has failed to remedy such breach (if capable of remedy) within thirty (30) days after notice from the other Party to do so. or Ifthe Defaulting Party repeatedly commits the same breach of any of the terms of MOU then the contract may be terminated without any further notice. or If the defaulting Party shall cease to carry on its business or substantially the whole of its business. or (iv) If there is @ material adverse change in any applicable law affecting Banks generally. In the event of termination of the MOU before its term, the disbursement of salaries to the Individual account holders may continue to be done up to a period of three months from the date of termination through the same salary account on the same terms and conditions as stipulated in this MOU. 11. Miscellaneous: a) The Bank will consider the installation of ATMs, and setting up of branches at locations that are mutually convenient. The Indian Coast Guard on its part will make efforts to provide space for setting up ATMs and Branches which are suitable for the Bank's requirements. The space if available will be provided on rent as mutually agreed by both the Parties. b) As regards Know Your Customer (KYC) norms, it will be applicable as per RB! guidelines and internal policies of the Bank. ©) Salary Relationship Managers will be a contact point for Indian Coast Guard Banking related issues and will also be undertaking the marketing of Indian Coast Guard Salary Accounts. This quid be facilitated by the Indian Coast Guard in terms of allowing distribution of publicity making presentations, etc. as per mutual convenience. d) Pension Il) will also be extended to pensioners of Indian Coast Guard in case i ee On ICI Bal spector General Principal Director (Administration) Coast Guard HOrs /N. Delhidraw their pension through ICICI Bank. ICIC| Bank on its part will arrange to make pension disbirrsements in compliance with instructions issued by Government of India from time to time, according it due priority. Complaints from individual pensioners may be addressed to the Complaint Redressal and Review Mechanism mentioned at Para 10 above. 12. GOVERNING LAW AND JURISDICTION 12.1. The provisions of this MOU shall be subject to the laws of India. 12.2 All disputes, differences, claims and questions between the Parties hereto arising out of this Agreement or in any way relating hereto or any term, condition or provision herein mentioned or the construction or interpretation thereof or otherwise in relation hereto, shall be subjected to the jurisdiction of the courts in Mumbai. ity ICICI Bank may publish / market about its services extended to Indian Coast Guard personnel under this MOU and / or promote its business objectives from time to time. 13, Put 14. Amendment Any provisions of this MOU may be amended, waived, discharged or terminated (in each case) only by an instrument in writing signed by or on behalf of the Party against whom enforcement of the amendment, waiver, discharge or termination is sought. No breach of or default under any of the provisions of this MoU by either Party may be waived or discharged without the other Party’s written consent thereto. 15. Notices Each notice, demand or other communication to be given or made hereunder shall, except as otherwise provided herein, be given or made in writing and may be sent by one Party to the other Party by Registered Post, facsimile or hand to the address or numbers mentioned herein below or such other address and numbers as one Party may inform the other in writing from time to time. Indian Cd&t Guard - Directorate of Adminsitration, National Stadium Complex, New Delhi-110001 ICICI Bank Ltd. - Corporate office at ICICI Bank Towers, Bandra Kurla Complex, Mumb: 400051 16. Claims: ‘All Personal Accident insurance claims of Indian Coast Guard in relation to this MoU, shall be shared on a quarterly basis as per the formats mutually agreed between the Parties. ae 12 NK Deputy Inspector General Principal Director (Administration) Coast Guard HOrs /'N. DelhiIN WITNESS WHEREOF, the Parties hereto have caused this MOU to be executed as of the day and year first above written, in two counterparts, one such counterpart to be retained by Indian Coast Guard and the other by ICICI Bank Signed on behalf of Indian Coast Guard (Authorized) Name: DIG N K Kaul Designation: Principal Director (Administration) Date: 05/12/2018 Place: New Delhi Witness ange Stunteesty § Name: lense > Nk Kaul B Deputy Inspector General Principal Director (Administration) Coast Guard HOrs / N. Delhi ‘Signed on behalf of ICICI Bank (Authorized Signatory) Name: Saurabh Singh Designation: Senior General Manager Witness Name: \/) EES MATHUR Signature ;— abet N afAnnexure | ‘The additional Features offered to the Defence Salary Account are as given below: Enrolled Assistant Commandant | Deputy Eligibility Personnel/EnrolledCommandanvDeput (UG) ‘ea al Followers Commandant | ‘Commandant above Free Bill Pay mere Yes Yes Yes ‘Standing Instructions| ety Yes Yes Yes Yes Free Physical anes, Quarterly Quarterly Quarterly | Monthly | Free SMS Alerts Yes Yes feczcatvest Yes Priority Services at na = va we Branches Priority Processing for Pheos Ganuiog No Yes Yes Yes Free Internet Banking] Yes Yes: Yes Yes Free Mobile Banking Yes Yes Yes Yes Free Phone Banking Yes Yes Yes Yes ‘Access to Wealth Ne fig a oa Lounge at branches* Preferential rates on purchase of Foreign No No No Yes Exchange services Free Travel Card — No Yes Yes Yes Travellers Cheque | Available Available Available Available Rewards Program on| abe Geel Available Available Available | Available ‘Sukanya Samriddhi ee a | Ye Ye Ye Ye Yojana (SSY) account ce ae ae fe Invitation to Wealth Management No No No Yes seminars Offers on Debit Card as available on Yes Yes pector General jirector (Administration) ‘Guard HOrs / N. DelhiICICI Bank is authorized by Ministry of Finance for offering Sukanya Samriddhi Yojana (SSY} Accounts. Customers can open the account by submitting account opening documents at any ICICI Bank branch. For more details on Sukanya Samriddhi Yojana (SSY) Account refer below link: samriddhi-yojans Westments/sukan jcibank.com/Personal-Bankin ap Is icici Ban F 4 Dept specter Genel Qe Principal Director (Administration) Goast Guard HOrs/N: DelhiAnnexure I Pension Account In our endeavor to provide complete financial solutions to every retiring individual, we offer a special Pension Account. This tailor-made account will help retirees in investing through a range of financial products that are designed to ensure a comfortable lifestyle even when he/she stops earning regularly. ICICI Bank offers a basket of special product features for the Pension account: © Life Long Zero Balance Account with Portability facility © Monthly email statements. Quarterly physical statements © Insurance cover: + Personal Accident insurance cover of Rs. 5 lakhs & + Air Accident insurance cover of Rs. 30 lakhs The insurance cover will be subject to terms & condition available in ICICI bank's website: http://www icicibank, com/eampaigns/offers/insurance/insurance.page? © Higher withdrawal & spend limit on Debit Card + Free Debit Card for joint account holder + Free online NEFT / RTGS + Free Bill Payment facility Discount on locker charges «Preferential Rate on Foreign Exchange + 24X7 Customer Care, Internet Banking and Mobile Banking facility We intend to organize Retirement Planning seminars for defence personnel at all locations where we are present. These seminars will help them in planning the post retirement life better through structured financial planning and investment services. SE 16, a Aicict Bani Deputy Inspector Genes ‘s Principal Director (Administration) LTS Coast Guard HOrs / N. DelhiAnnexure Ill Terms & Conditions: ICICI LOMBARD GIC LTD ‘GROUP PERSONAL ACCIDENT INSURANCE Policy Coverages Benefit Table A Yes (Accidental Death) Benefit TableB(A+ | Yes PTD) Children Education Yes Grant Terrorism Yes: Ar Accident Cover Yes Conditions: ‘Age Limit 16-80 years A Accidental Death only ~ 100% 8 (Al + Loss of Two Limbs, Two eyes or one limb and one eye - 100% Loss of One Limb or One Eye - 50% Permanent Total Disablement (PTD) from injuries other than those named above -100% ‘Sum Insured For Death Cover will be INR 30 Lac Flat. For Permanent Total Disablement (PTD)- Sum insured as % defined above. Children education Free higher education benefit (Grade XIl above) of upto Rs. 1 lac benefit per year for 4 years for wards of employees. Restricted up to maximum two children irrespective of total children of the insured member. ‘Air Accident Cover ‘Ar Accident will be covered for Rs. 1 Cr. This cover will be covered whilst travelling on-board a Common Air Carrier. Common Air Carrier means an air carrier that holds a certificate, license or similar authorization for scheduled air transportation issued by the relevant authorities in the country in which the | aircraft is registered, and in accordance with such authorization, maintains and publishes schedules and tariffs for passenger service between named airports at regular and specific times. Eligibility for Cover For being eligible for any cover in the policy, there has to be a transaction of salary for the last 2 months from the date of loss in ICICI bank salary Account (Except for new joinees). ‘Scope — Geographical scope of the policy will be worldwide; Cover will be applicable 24*7. Terrorism Terrorism is covered, however, terrorism activity arising out oF Nuclear, Biological and/or Chemical means is excluded from the scope of this pWar and Civil War Clause Notwithstanding any provision to the contrary within this insurance or any endorsement thereto, this insurance subject to its terms and conditions, cover the insured person against physical injury solely and directly caused by war, civil war, invasion, acts of foreign enemy's, hostilities, insurrection, rebellion or revolution, which occurs at a specific time and place during the period of this insurance and occasions the death or disablement, as covered by this insurance of the insured person within 12 months from the date of physical injury. However declared war is not covered under the policy Nuclear/Chemical/Biolog ical Terrorism Exclusion Clause itis agreed that, regardless of any contributory cause(s), this insurance does not cover any claim(s) in any way caused or contributed to by an act of terrorism involving the use or release, or the threat thereof, of any nuclear weapon or device or chemical or biological agent. for the purposes of this exclusion an act of terrorism means an act, including but not limited to the use of force or violence and/or the threat thereof, of any person or group(s) of persons, whether acting alone or on behalf of or in Connection with any organisation(s) or government{s), committed for political, religious, ideological or ethnic purposes or reasons including the intention to influence any government and/or to put the public, or any section of the public, in fear. if the underwriters allege that, by reason of this exclusion, any claim is not covered by this insurance, the burden of proving to the contrary shall be upon the insured ‘Sanctions Limitations and Exclusions Clause applicable No (relinsurer shall be deemed to provide cover and no (relinsurer shall be liable to pay any claim or provide any benefit hereunder to the extent that the provision of such cover, payment of such claim or provision of such benefit would expose that (rojinsurer to any sanction, prohibition or restriction under United Nations resolutions or the trade or economic sanctions, laws or regulations of the European Union, United Kingdom or United States of America Other Exclusions © Radioactivity, Nuclear risks, ionizing radiation © Suicide, attempt to Suicide or intentionally self-inflicted injury, sexually transmitted conditions, mental disorder, anxiety, stress or depression © Being under influence of drugs, alcohol, or other intoxication or hallucinogens © Participation in actual or attempted felony, riot, civil commotion, crime misdemeanour ‘© Committing any breach of law of land with criminal intent 0 Death or disablement resulting from Pregnancy or childbirth NK kai a Deputy inspector General Principal Director (Administration) Coast Guard HOrs / N. DelhiPlease find links for insurance details and claim process: to: //wemw.iicibank.com/campaians/offers/insurence/insurance.peae? htto://www.icicibank,com/campaigns/otfers/insurance/Howtoclaim.page? 19 NK Kaul Deputy Inspector General Principal Director (Administration Coast Quard Hors N. Delt‘APPLICATION ~CUM-UNDERTAKING TO BE TAKEN FROM ALL ACCOUNT HOLDERS, WHETHER NEW OR CONVERTED Annexure!V The Branch Manager ICICI Bank Ltd........Branch Dear Sir, DEFENCE SALARY ACCOUNT (Indian Coastguard) (1) REQUEST FOR CONVERSION OF SAVINGS ACCOUNT TO DEFENCE SALARY ACCOUNT (2) UNDERTAKING FROM ALL DSA ACOUNT HOLDERS, 1. | maintain a savings account with your branch and the account number is | am presently employed as. with Indian Coast Guard, my personal Number is, and my Date of Birth is My mobile number is, . My present address is appended below which may please be ‘orporated in your records for which | am enclosing a certificate issued from the unit and request you to accept it for satisfying the KYC norms as prescribed by your bank, along with other document(s) as prescribed by the RBI. 2. _Inthis connection, | request that my existing account be converted into a Defence Salary Account Indian Coast Guard with all its special features. 3, Since | am presently posted at / is being posted to | request that my account should be transferred to Branch of ICICI Bank for ease of operation. 4. I hereby undertake to apply for a ‘No Dues’ Certificate from ICICI Bank and in the event of failure to issue the NOC within 72 hours, | will assume that ICICI Bank has no dues and will be at liberty to change my salary account from ICICI Bank to another Bank. Address: Yours faithfully, Date : Name : Place (with Rank / Address) NK Kaul ie Deputy Inspector General Principal Director (Administration) Coast Guard HOrs /'N. DelhiAnnexure-V Acknowledged Receipt ‘The Branch Manager ICICI Bank Ltd Branch Dear Sir, FOR ISSUANCE OF NO OBJECTION CERTIFICATE TO TRAI ry. DEFENCE SALARY ACCOUNT WITH ICICI BANK TO ANOTHER BANK 1 maintain a DSA account with your branch and the account number is am presently employed as, with Indian Coast Guard and my Personal Number is . My present address is 2, | request you to issue me a No Dues Certificate as | desire to change my salary bank from where | draw my monthly salary 3. Inthe event of failure to issue the NOC within 72 hours, | will assume that ICICI Bank has no dues and will be at liberty to change my salary account from ICICI Bank to another Bank. Yours faithfully, Date Name Place : (with Rank) Address : To be submitted to the Bank in duplicate and acknowledgement obtained from the Branch Manager/ Authorized signatory of ICICI Bank on the second copy, duly stamped including date of receipt by the Bank and signature number of the Bank signatory. IK 2 Deputy ligpector General rincipal Director (Administration) Coast Guard HOrs / N. Delhi 2Annexure-VI The Branch Manager ICICI Bank Ltd Branch Dear Sir, DEFENCE SALARY ACCOUNT REQUEST FOR OVERDRAFT FACILITY 1. Lam maintaining a Saving Bank Account No. with your branch and my personal Number is At my request, you have agreed to grant me an overdraft limit (facility) of Rs, (Rupees, only) which is approximately equivalent to two months net salary. | am enclosing photocopy of my salary slips for your ready reference. | have represented to you that the said loan is required to meet my urgent personal/domestic expenses. 2. In consideration of your granting me the above facility, | undertake to liquidate the outstanding in the facility with interest from my next salary(ies) within a period of six months from the date of sanction of the facility. | also undertake and agree to pay interest for the above facility, at the rate applicable to clean overdraft ice. % above MCLR floating, currently p.a, with monthly rests. | also agree that the said rate of interest shall undergo change from time to time as applicable to an overdraft account. 3. undertake to repay the facility with interest in such installments as mentioned above and to facilitate such repayment, | hereby authorize you to deduct such amount as may be required from my above account. In case, my salary is not credited to the above account for any reason whatsoever, | undertake to pay the monthly installment with interest on or before the due date. Yours faithfully, Witness: Name Address: Name: Date Indian Coast Guard will not be held liable for any default to the bank by the individual account holder. -T 2 Aicics BatyAnnexure-VIl ‘SPECIMEN FORMAT FOR DETAILS OF FINANCIAL TRANSACTIONS BETWEEN INDIAN COAST GUARD PERSONNEL AND INDIAN COAST GUARD. eae ace No of Claims [Claims ee Remarks é (Claims Passed Repudiated |)" (Reasons) "7 Salaries F ' 2 Pensions F F F Free Personal ‘Accident Insurance 8 (death) Cover tin laddition to account level PAI) la Purchase protection Personal Accident id Insurance (death) (Cover Permanent Disat | 6 (Cover [Air Accidental 7 insurance (death) ‘cover is Easy Overdraft [Add on Cover to lo Personal Accident Insurance (death) (Cover \l) Education Cover for| (dependent children 23 NK Kal Principal Director (Administration) Coast Guard HOrs /N. Delhi