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CA Switch Form

The document is a customer undertaking for switching current account variants at HDFC Bank without changing the account number. It outlines the requirements for maintaining average quarterly or monthly balances depending on the selected variant, along with associated non-maintenance charges. The document also includes sections for customer signatures and bank officer verification.

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ansaritrq7
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0% found this document useful (0 votes)
63 views6 pages

CA Switch Form

The document is a customer undertaking for switching current account variants at HDFC Bank without changing the account number. It outlines the requirements for maintaining average quarterly or monthly balances depending on the selected variant, along with associated non-maintenance charges. The document also includes sections for customer signatures and bank officer verification.

Uploaded by

ansaritrq7
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

CUSTOMER UNDERTAKING FOR SWITCHING CURRENT ACCOUNT VARIANT

WITHOUT CHANGE OF ACCOUNT NUMBER


(Most Important Document- For Switching Account to Regular / Premium / Trade / Plus / Max/ Apex)
To:
The Branch Manager,
HDFC Bank,
____________________Branch

I/We _____________________________________________________ (name of the entity) wish to switch our


existing current account, bearing account number ______________________________ (please enter your 14 digit
current account number) from our existing Current Account Variant (pls. tick)
Regular Premium Trade Plus Max Apex

Flexi Merchant Advantage Merchant Advantage Plus

to new current account variant (pls. tick)


Regular Premium Trade Plus Max Apex

Consequent to the switch to new product variant I/We have understood that I/We am/are required to maintain an
Average Quarterly Balance (AQB) for the new variant selected above as per the following grid, in my/our account.
Product Regular Premium Trade Plus Max Apex
AQB
Requirement Rs. 10,000/- Rs. 25,000/- Rs. 40,000/- Rs. 100,000/- Rs. 500,000/- Rs. 10,00,000/-
Rs. 6,000/- if Rs. 8,000/- if Rs. 10,000/- if
Non – AQB is less AQB is less AQB is less
Maintenance Rs. 750/- Rs. 900/- Rs. 1,200/- than Rs. than Rs. than Rs.
Charges per 50,000/- else, 2,50,000/- 500,000/- else,
quarter Rs. 1,500 else, Rs. Rs. 5,000
3,000
I / We have understood that non-maintenance of balance in my / our account, as per the newly selected variant,
would result in levy of AQB non-maintenance charges as mentioned in above grid, without any further notice.
My/Our existing ATM/Debit Card nos. is/are given below:
Name: Authorised Signatory 1: __________________________ Card No.__________________________
Name: Authorised Signatory 2: __________________________ Card No.__________________________
Name: Authorised Signatory 3: __________________________ Card No.__________________________
Name: Authorised Signatory 4: __________________________ Card No.__________________________

I/We confirm that:


I/We understand that charges for outstation cheque collection and speed clearing will continue to get levied as per
earlier variant in my/our account.
I/We confirm that I/we have read & are in possession of schedule of charges of the new (switched) variant.
I/We have read and understood the Declaration given above and confirm that all the details provided on it are correct
I/We understand that the same operating instructions will continue to apply.

_________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 1) (Signature of the Customer/Authorised Signatory 2)

__________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 3) (Signature of the Customer/Authorised Signatory 4)

__________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 5) (Signature of the Customer/Authorised Signatory 6)
(to be signed by authorized signatory / signatories as per the mode of operation.)
BANK OFFICER DECLARATION .

I__________________________________ working as an employee with HDFC Bank confirm that this account
switching form has been signed in my presence.

Employee code________________________ Place _________________________________

Date______________________ Bank Officer Signature ____________________

BRANCH USE ONLY CPU USE ONLY


Signatures of account
holders verified by (Name)

Document sent to CPU on

PB Signature
Date: Date:

Approved By (BM Name DVU


& Signature)
FCU
CUSTOMER UNDERTAKING FOR SWITCHING CURRENT ACCOUNT VARIANT
WITHOUT CHANGE OF ACCOUNT NUMBER
(Most Important Document – For Switching Account to Flexi Variant)
To:
The Branch Manager,
HDFC Bank,
____________________Branch

I/We _____________________________________________________ (name of the entity) wish to switch our


existing current account, bearing account number ______________________________ (please enter your 14 digit
current account number) from our existing Current Account Variant (pls. tick)

Regular Premium Trade Plus Max Apex

Merchant Advantage Merchant Advantage Plus

to Flexi current account variant.

Consequent to the switch to new product variant I/We have understood that I/We am/are required to maintain an
Average Monthly Balance (AMB) of Rs. 75,000/- in my/our account.

I / We have understood that non-maintenance of average monthly balance of Rs.75,000 in my account would result
in levy of AMB non-maintenance charges, which is Rs. 1,000/- per month, without any further notice.

My/Our existing ATM/Debit Card nos. is/are given below:


Name: Authorised Signatory 1: __________________________ Card No.__________________________
Name: Authorised Signatory 2: __________________________ Card No.__________________________
Name: Authorised Signatory 3: __________________________ Card No.__________________________
Name: Authorised Signatory 4: __________________________ Card No.__________________________

I/We confirm that:


I/We understand that charges for outstation cheque collection and speed clearing will continue to get levied as per
earlier variant in my/our account.
I/We confirm that I/we have read & are in possession of schedule of charges of the new (switched) variant.
I/We have read and understood the Declaration given above and confirm that all the details provided on it are correct
I/We understand that the same operating instructions will continue to apply.

_________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 1) (Signature of the Customer/Authorised Signatory 2)

__________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 3) (Signature of the Customer/Authorised Signatory 4)

__________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 5) (Signature of the Customer/Authorised Signatory 6)

(to be signed by authorized signatory / signatories as per the mode of operation.)


BANK OFFICER DECLARATION .

I__________________________________ working as an employee with HDFC Bank confirm that this account
switching form has been signed in my presence.

Employee code________________________ Place _________________________________

Date______________________ Bank Officer Signature ____________________

BRANCH USE ONLY CPU USE ONLY


Signatures of account
holders verified by (Name)

Document sent to CPU on

PB Signature
Date: Date:

Approved By (BM Name DVU


& Signature)
FCU
CUSTOMER UNDERTAKING FOR SWITCHING CURRENT ACCOUNT VARIANT
WITHOUT CHANGE OF ACCOUNT NUMBER
(Most Important Document – For Switching Account to Merchant Advantage/Merchant Advantage Plus)
To:
The Branch Manager,
HDFC Bank,
____________________Branch

I/We _____________________________________________________ (name of the entity) wish to switch our


existing current account, bearing account number ______________________________ (please enter your 14 digit
current account number) from our existing Current Account Variant (pls. tick)

Regular Premium Trade Plus Max Apex

Flexi

to new product variant (pls. tick)


Merchant Advantage - AMB (Average Monthly Balance) required = Rs. 25,000/-

Merchant Advantage Plus - AMB (Average Monthly Balance) required = Rs. 1,00,000/-

Consequent to the switch to new product variant I/We have understood that I/We am/are required to maintain an
Average Monthly Balance (AMB) in my/our account in line with the new variant selected above.

I / We have understood that non-maintenance of balance as per the new (switched) variant would result in levy of
AMB non-maintenance charges, which is Rs. 300/- per month for Merchant Advantage and Rs. 1,000/- per month
for Merchant Advantage Plus, without any further notice.

My/Our existing ATM/Debit Card nos. is/are given below:


Name: Authorised Signatory 1: __________________________ Card No.__________________________
Name: Authorised Signatory 2: __________________________ Card No.__________________________
Name: Authorised Signatory 3: __________________________ Card No.__________________________
Name: Authorised Signatory 4: __________________________ Card No.__________________________

I/We confirm that:


I/We understand that charges for outstation cheque collection and speed clearing will continue to get levied as per
earlier variant in our account.
I/We confirm that I/we have read & are in possession of schedule of charges of the new (switched) variant.
I/We have read and understood the Declaration given above and confirm that all the details provided on it are correct
I/We understand that the same operating instructions will continue to apply.

_________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 1) (Signature of the Customer/Authorised Signatory 2)

__________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 3) (Signature of the Customer/Authorised Signatory 4)

__________________________________________ _________________________________________
(Signature of the Customer/Authorised Signatory 5) (Signature of the Customer/Authorised Signatory 6)
(to be signed by authorized signatory / signatories as per the mode of operation.)
BANK OFFICER DECLARATION .

I__________________________________ working as an employee with HDFC Bank confirm that this account
switching form has been signed in my presence.

Employee code________________________ Place _________________________________

Date______________________ Bank Officer Signature ____________________

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