Annexure 3 INDEMNITY BOND The Manager, The...Co-op. Bank Ltd.... WHEREAS Sh...S/o. Sh...who breathed his last on...was maintaining. S.B/Fixed Deposit/Current Account/ R.D./P.G. Account with the...co-op. Bank...Branch (hereinafter called the Bank in which account there was a credit Balance Rs...at the time of his death. AND WHEREAS we the undernoted persons :- 1....(Name with age and full address) 2.... 3.... are the only legal heirs of the deceased and are entitled to the above said money. In consideration of the Bank having agreed to pay above mentioned amount, we the legal heirs of the deceased and oursureties (I)...(Name of surety with parentage and full address) agree and undertake to keep the Bank harmless and indemnified against any loss, damage or claim made by any person whatsoever against the Bank in respect of the above amount paid by the Bank at our request. We bind ourselves jointly and severally to pay the Bank the whole or any part of the aforesaid amount as the case may be together with interest thereon at the lending rate then prevailing together with any loss, damage, expenses or cost that the Bank may suffer in case claim is made in respect of the aforesaid amount. We further undertake that if any claim or recovery is made from the Bank or the Bank is called upon to pay any amount to any department authority or office of the Government we shall be liable to make good the same and pay any such amount metely on damage from the Bank without any demand within three days of any such demand. The expression we herein shall mean executors, administrators, successors and assignees. We have assured the Bank that estate of the deceased does not attract the payment any estate duty or other Govt. Duty and we hereby bind overselves jointly and severally to keep the Bank harmless and indemnified against all claims or demands regarding estate duty any other duty. In witness whereof the executors have set and subscribed of their respective hand and signed this indemnity bond this day of...20......20... IN THE PRESENCE OF : Signature of witnesses with full addresses (Executants) Signatures of legal heirs 1.... 1.... 2.... Signature of Sureties 1.... 2....
THE JALANDHAR CENTRAL COOPERATIVE BANK LTD. JALANDHAR No: Loans/CCB/ Dated Sh/Smt/Miss Subject:- Sanction of Vehicle Loan Please refer to your application dated which has been considered by this office. We are pleased to inform you that this bank has sanctioned you a loan of Rs. (Rupees ) under the vehicle loan under development of surplus fund scheme. The loan has been sanctioned on the following terms and conditions: i) You will have to furnish the below noted documents to the bank before obtaining the loan: (a) Agreement for hypothecation of vehicle (b) (c) (d) (e) (f) Letter of Guarantee Demand Promisory note Letter of lien and set off Letter of watver If any In addition to the above you have to complete the following terms & conditions: ii) iii) iv) The loan is repayable within a period of 5 years. The first instalment will start from the month of. Repayment instalment has been fixed @ Rs. per month half yearly. v) Interest @ % PA on half yearly basis calculations and will be charged anddebited to the loan account on monthly basis as per RBI Letter No. RPCD. RF. BC. No. 69/07.37.02/2002-03 dt. January 31 st. 2003, accordingly. This rate of intt. is subject to change by the bank from time to time. In case of default the bank will charge intt. @ 3% PA over and above the normal ate. vi) vii) The bank will make the payment to the dealer from whom the vehicle is to be purchased against furnishing the original bill. The bank will have the first charge over the vehicle to be purchased and it will be insured for the value by taking comprehensive policy in the joint names of the bank and the borrower. viii) The bank has the right to make the physical verification of vehicle, further. The bank has the right to recall the entire amount of loan. If you violate the terms and conditions of the agreement dated. You shall be bound to pay the entire expenses incurred by the bank for recovery.
ix) You will have to submit copy of the RC of the vehicle to the bank duly registered in the area of operation of the bank duly hypothecated in the bank's name within one month from the date of disbursement of loan otherwise a penal rate of intt. @3 %, PA will be charged over and above. x) You will have to abide by the act and rules governing the facility and bye laws of the bank. You should give the letter of acceptance of the above tenns and conditions. Thanking you Yours Sincerely, District Manager Endst. No: Date : Branch Manager Branch Office for information alongwith the complete file of loan of Shri S/o Shri. He is advised to complete all the documents properly as per bank loan scheme already conveyed. He should open loan account of the borrower and debit the amount accordingly. District Manager Letter of Acceptance of terms and conditions Sir, In reference to above letter No. dated with respect to sanction of loan amount Rs. (Rupees ) I hereby accept all the terms and conditions as per loan scheme. I will complete all the formalities in this regard. Thanking you, Signature of Borrower
Annexure 11.5 [See para 11.3.2] AFFIDAVIT FROM LEGAL CLAIMANTS AFFIDAVIT I/We...S/o./D/o./W /o.... resident of... and...s/o./d/o./w /o.... resident of... do hereby make solemnly affirm and declare as follows: 1. That Sh/Smt...(name of deceased), hereinafter referred to as deceased, died intestate on...at... 2. That I am / we are the only legal heir(s) of the deceased and there is no other person legally authorised to be the legal heirs of the deceased. Place :... DEPONENTS Date :... VERIFICATION Verified that the statement of mine/our is true to the best of my/our knowledge and nothing has been concealed therein. DEPONENTS TO BE ATTESTED BY NOTARY PUBLIC/MAGISTRATE
AFFIDAVIT Annexure 11.6 [See para 11.3.3] I/We (1)...son/s of...and (2)...son of... residing at (1)...and (2)...do hereby make oath/solemnly affirm* and say as follows: I. That Sh/Smt...(name of the deceased) (hereinafter referred to as the deceased ) died intestate on...at... 2. That we know the deceased and his family since the last...years. 3. That at the time of his death, the deceased left surviving him the following persons, who, according to the law by which they are governed, are the only legal heirs of the deceased entitled to succeed to the estate of the deceased on an intestate succession. i) (State here the name, age and ii) relationship of each of iii) the persons with the deceased) 4. That we are not related in any manner whatsoever to the deceased or any of the above mentioned persons nor have we any claim or interest of whatsoever nature in the estate, of the deceased. 5. That we are informed and we verily believe that the deceased has left certain deposits/ assets* with The Jalandhar Central Cooperative Bank Ltd.,... Branch/H.O., to which the above mentioned persons are entitled to claim. 6. That we are making this solemn declaration sincerely and conscientiously believing the same to be true and with full knowledge that it is on the strength of this declaration that The Jalandhar Central Cooperative Bank Ltd...Branch/H.O. has agreed to our request, to make payment of the amounts of the deposit/to deliver the assets* to the above mentioned persons without insisting on production by them of a grant of legal representation to the estate of the deceased from a competent court. Sworn*/solemnly affirmed 1. at this... day of... 2. in the presence of...... Before me Judge/Magistrate/ Notary Seal * Delete whichever is inapplicable