Company & Board Details

Company Name *

CIN *

Registered Office Address *

Board Meeting Date *

Board Meeting Place *

Names of Directors Present *

Banking Details

Bank Name *

Bank Branch Name & Location *

Bank Branch Code (IFSC Code) *

Type of Account to be Opened *

Purpose of Account *

Initial Deposit Amount (Rs.)

Requested Credit Limit (if applicable, in Rs.)

Authorized Signatories - Primary

1st Signatory Full Name *

1st Signatory DIN/Designation *

1st Signatory Address

1st Signatory Mobile

1st Signatory Email

Authorized Signatories - Secondary

2nd Signatory Full Name *

2nd Signatory DIN/Designation *

2nd Signatory Address

2nd Signatory Mobile

2nd Signatory Email

Authorized Signatories - Tertiary (Optional)

3rd Signatory Full Name (optional)

3rd Signatory DIN/Designation

3rd Signatory Address

3rd Signatory Mobile

3rd Signatory Email

Signing Authority

Signing Authority *

Amount Limit for Dual Signing (Rs., if applicable)

Detailed Signing Authority Specification *

Banking Transactions & Limits

Issue of Cheque Book - Authorized *

Online Banking Access - Authorized *

Daily Fund Transfer Limit (Rs.)

Standing Instructions/Automatic Transfers - Authorized *

Bill Discounting Facility - Authorized *

Safe Deposit Locker - Authorized *

Third Party Cheques Acceptance - Authorized *

Banking Arrangements & Documents

Authorized representative to submit all required documents to bank *

Authority to conduct all correspondence with Bank *

Any conditions/requirements for account maintenance

Authority to submit regulatory returns/forms to bank *

Delegation & Corporate Secretary

Company Secretary / Officer authorized for banking *

Authority delegated to CS/Officer *

Senior Most Financial Officer *

Audit Committee will oversee banking arrangements *

Compliance & Risk

KYC/AML Compliance - Company shall comply *

Transaction monitoring & reporting - Authorized *

Board approval required for changes to signatories *

Period of Validity of this Resolution *

Signatories

Chairman Name (for signature) *

Chairman DIN

Managing Director/CEO Name (for signature) *

MD/CEO DIN

Company Secretary Name (for signature) *

Resolution Date *

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BOARD RESOLUTION

FOR BANKING OPERATIONS & ACCOUNT OPENING

Company
CIN
Registered Office

PREAMBLE

WHEREAS, the Board of Directors of (hereinafter referred to as "the Company") met on at to consider various matters relating to banking operations and account opening; AND

WHEREAS, the Board is of the opinion that it is necessary and expedient to open a bank account and authorize banking operations with for the purposes of the Company;

NOW THEREFORE IT IS HEREBY RESOLVED AS FOLLOWS:

AUTHORIZATION TO OPEN BANK ACCOUNT

The Board hereby authorizes and directs the Company to open and maintain a Account with , (IFSC: ). The purpose of this account shall be: .

AUTHORIZED SIGNATORIES

The following persons are hereby appointed as authorized signatories for all banking transactions on behalf of the Company:

(a) ,
(b) ,
(c) ,

SIGNING AUTHORITY

The signing authority for bank transactions shall be as follows: . Detailed limits: For transactions up to Rs. , single signature shall be sufficient. For transactions above this limit, dual/joint signatures shall be mandatory.

AUTHORIZED BANKING FACILITIES

The Company is authorized to avail of the following banking facilities:

As per bank's standard offerings

ACCOUNT OPENING & DOCUMENTATION

The Company Secretary is hereby authorized to submit all required documents to the bank for account opening, including but not limited to Memorandum of Association, Articles of Association, Board Resolution, KYC documents, Director identification, address proof, and any other documents as may be required by the bank.

CORRESPONDENCE WITH BANK

Authority is hereby granted to all authorized signatories to conduct all official correspondence with on behalf of the Company.

DELEGATION TO OFFICERS

The Board hereby delegates to , the authority to: . The shall provide overall financial oversight and approval for major banking transactions.

INITIAL DEPOSIT

An initial deposit of Rs. is authorized to be deposited into the account for account activation and smooth operations.

CREDIT FACILITIES

The Company may apply for credit facilities with up to a limit of Rs. . All applications, negotiations, and agreements relating to such credit facilities are hereby authorized.

REGULATORY COMPLIANCE

The Company shall ensure full compliance with KYC/AML norms, transaction monitoring requirements, and all RBI regulations. The Company undertakes to provide all information and documentation as may be required by the bank for regulatory compliance.

MODIFICATION OF RESOLUTION

Any modifications to the authorized signatories, signing authority, or banking arrangements shall require prior Board approval. This resolution shall remain valid for until revoked or modified by a subsequent Board resolution.

AUDIT COMMITTEE OVERSIGHT

DIRECTORS PRESENT & CONSENTS

The following directors were present during the Board Meeting held on :

CERTIFIED TO BE A TRUE COPY OF THE BOARD RESOLUTION

Chairman
Managing Director/CEO
Company Secretary

Dated:

Board Resolution - Banking Operations