I/We declare that I/we am/are authorized to request the Kotak Mahindra Bank (herein after referred to as Bank) for RTGS/NEFT Facility and all the person authorized to operate the above mentioned accounts are also authorized, as per the present mode of operation, to present the RTGS/NEFT funds transfer application form to Bank.
I/We undertake to keep Bank informed of any changes in the mode of operation of any of the above accounts.
I/We hereby confirm that the Beneficiary Bank/ Branch participates in RTGS/NEFT. I/We hereby confirm the correctness of the details like beneficiary name, *account number, IFSC code of the beneficiary Bank Branch.
I/We am/are aware that the Bank will get the valid discharge if the amount is credited to the beneficiary account number requested in RTGS/NEFT application and the Bank shall not assume any liability arising out of incorrect IFSC code, mismatch in the beneficiary name including but not limited to mismatch in the spelling.
I/We hereby confirm having read the term & conditions pertaining to RTGS/NEFT facility on http://www.kotak.com/bank/terms-andconditions/terms_20.htm(hereinafter referred to as “Terms and conditions”) and agree that use of the RTGS/NEFT facility shall be subject to and be governed by the Terms & Conditions
I/We are aware of the fees and/or other charges which are currently to be levied by the Bank for providing access to or allowing the use of the RTGS/NEFT facility.
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I/We further undertake to keep ourselves aware of any revision made by Bank of the fees and/or other charges levied for providing access to or allowing the use of the RTGS/NEFT facility. I/We are aware that the same shall be notified to us by hosting the same on http://www.kotak.com/bank/terms-and-conditions/terms_20.htm