Terms and conditions – NRE/ONR account opening

1. I hereby undertake: (A) To inform the bank immediately on my coming back to India for
permanent settlement/residence. (B) To inform the bank immediately on any change occurring in
my business/office/communication address/other contact details. (C) In respect of NRO/ NRE
A/C s, all the debits and credits will be carried out strictly as per
FEMA regulations. (D) To pay any overdraft created in my account inadvertently together with
applicable interest and without demur. (E) To inform the bank of the wrong credits in my account,
pertaining to other customers and refund the same together with applicable interest and without
demur.
2. I understand that :(A) The above account will be opened on the basis of the
statements/declarations made by me and I also agree that if any of the statements/declarations
made herein is found to be not correct in material particulars you are not bound to pay any
interest on the same made by me. (B) In the event of my NRI status is changed in future, my
existing NRI account will be re-designated to Resident/RFC account(s) (as applicable). (C) Rate of
interest applicable, premature withdrawal of the deposit, premature termination of the deposit
in the event of death of the depositors and filing/ renewal / cancellation of the nomination will be
as per /RBI/IBA/ Bank's rules in force from time to time. (D) I will not make available to any person
resident in India any foreign exchange against reimbursement in India in Rupees or otherwise. I
hereby undertake to inform the Bank immediately on my coming back to India for permanent
settlement /residence. I understand that the bank may at any time and without notice to me
combine and consolidate all or any of my accounts and set off or transfer any sum or sums
standing to the credit of anyone or more of such accounts in or towards the satisfaction of any of
my liabilities to the bank on any account or in any other respect whether such liabilities be actual
or contingent, primary or collateral and several or joint. Unless and until modified or cancelled by
filing a fresh nomination form/request for cancellation, a nomination once filed will continue to be
applicable to the deposit when renewed, whether in part or in full or with additional amount or
split up into different accounts, but without any change in the name and constitution of the
account. If by error overdraft is created in my account, I undertake to pay the same with
applicable rates of interests. If by mistake, the bank credits cash/cheques pertaining to other
customers to my account(s), I undertake to inform the bank of the same and refund the same with
interest and without any demur. (E) Term Deposits will be automatically renewed on maturity for
a similar Term at the rate of interest prevailing on the maturity date on same terms and
conditions unless instructed by me/us to the contrary or credit to my SB A/c
No........................................... on maturity on receipt of FD receipt duly discharged by me facility
for partial withdrawal in units/automatic loan facility. (F) I have read and understood the rules
governing internet banking services and agree to abide by the same. (G) I hereby unconditionally
authorize the Bank to activate the cheques issued to me in the account forthwith without
insisting for my written/oral acknowledgment of having received the cheque book. I shall not
hold the Bank liable/responsible in any manner for any consequence(s) of whatsoever nature
arising from activating the cheque book facility as per this authorization. (H) My personal/KYC
details may be shared with Central KYC Registry. I hereby consent to receive information from
Central KYC Registry through SMS/Email on my registered mobile number/email address.
Please open a deposit account in my name as per the selected scheme.

FATCA-CRS Terms and Conditions

The Central Board of Direct Taxes has notified Rules 114F to 114H, as part of the Income-tax Rules,
1962, which Rules require Indian financial institutions such as the Bank to seek additional personal,
tax and beneficial owner information and certain certifications and documentation from all our
account holders. In relevant cases, information will have to be reported to tax authorities/
appointed agencies. Towards compliance, we may also be required to provide information to any
institutions such as withholding agents for the purpose of ensuring appropriate withholding from
the account or any proceeds in relation thereto. Should there be any change in any information
provided by you, please ensure you advise us promptly, i.e., within 30 days. Please note that you
may receive more than one request for information if you have multiple relationships with Federal
Bank or its group entities. Therefore, it is important that you respond to our request, even if you
believe you have already supplied any previously requested information. If you have any questions
about your tax residency, please contact your tax advisor. If you are a US citizen or resident or
green card holder, please include United States in the foreign country information field along with
your US Tax Identification Number.
It is mandatory to supply a TIN or functional equivalent if the country in which you are tax resident
issues such identifiers.

Certification

I have understood the FATCA/CRS terms and conditions and hereby confirm that the information
provided by me is true, correct and complete. I also confirm that I have read and understood FATCA
CRS rules notified by CBDT and here by accept the same. I undertake the responsibility to declare
and disclose within 30 days from the date of change, any changes that may take place in the
information provided above as well as in the documentary evidence provided by me or if any
certification becomes incorrect and to provide fresh and valid self-certification along with
documentary evidence.