DEPOSIT CONFIRMATION/ RENEWAL ADVICE

Customer Name: M/S. ES EDU TR EDU OFFICER PUNE A/C ES E TR Deposit Account: 50300091482736
Address: DANI CORPORATE PARK, Cust ID of 1st Applicant: 62047035
158,VIDYA NAGARI MARG, Branch Name: DADAR
KALINA SANTACRUZ E,NR UNIVERSITY RD Deposit Currency: INR
MUMBAI-400098 INDIA Deposit Type: REINVEST. DEPOSIT

Joint 1: PAN: AAATE3291K

Joint 2:

Nominee: Not Registered

Deposit Deposit Period of Deposit Rate of Interest Maturity Maturity

Amount Start Date (%p. a) Date Amount

22,61,661.22 06 May 2021 36 Month(s) 5.15 06 May 2024 26,37,165.22

Deposit Amount (in words): RUPEES TWENTY TWO LAKH SIXTY ONE THOUSAND SIX HUNDRED SIXTY ONE AND PAISE TWENTY TWO
ONLY

Maturity Amount (in words): RUPEES TWENTY SIX LAKH THIRTY SEVEN THOUSAND ONE HUNDRED SIXTY FIVE AND PAISE TWENTY TWO
ONLY

Maturity Instruction: RENEW PRINCIPAL AND INTEREST

Interest Payment Frequency: AT MATURITY

Mode of Operation: NONE

DEPOSIT LIQUIDATION REQUEST / CHANGE OF MATURITY INSTRUCTION

For office use only:

Liquidation Instruction: On Maturity Premature Withdrawal

Credit Account Number:

Issue Pay Order NEFT(Only for non-account holders)

Date of Liquidation:

New Maturity Instruction: Signature(s):

Thank you for banking with us.

This is a system generated Advice and hence does not

require any Signature.

Generated by: V15203 Generated on: 30/09/2022 12:30:42 Branch Code: 84

Page 1 of 5

Kindly refer overleaf for detailed Terms and Conditions

 Terms & Conditions (T&C)
Bank computes interest based on the actual number of days' in a year. In case, the deposit is spread over a leap or a non-leap year, the interest
is calculated based on the number of days. i.e., 366 days in a leap year & 365 days in a non-leap year.

Tax Deduction at Source (TDS)

• As per section 206AA introduced by finance (No.2) Act, 2009 wef 01.4.2010, every person who receives income on which TDS is deductible
shall furnish his pan, failing which TDS shall be deducted at the rate of 20% (as against 10% which is existing TDS rate) in case of domestic
deposits and 30% plus applicable surcharge and health and Education Cess in case of NRO deposits". Please further note that in the
absence of PAN as per CBDT circular no: 03/11. TDS certificate will not be issued. In absence of PAN, Form 15G/15H and other exemption
certificates will be invalid even if submitted and TDS at higher rate will be applicable.
• Every person who has been allotted a Permanent Account Number (PAN) and is eligible to obtain Aadhaar number, must update their
Aadhaar number to the Income tax department (PAN- Aadhaar Linkage) as per Section 139 AA of the Income Tax Act 1961 by 31st March
2023. Further non linking of PAN with Aadhaar shall make PAN "inoperative" and may attract higher TDS rate.
• TDS rate is applicable from time to time as per the IT Act, 1961 and IT rules. The current rates applicable for TDS would be displayed on Bank's
website. Today, TDS is recovered when interest payable or reinvested on FD & RD per customer, across all Branch, exceeds Rs 40,000/- (Rs.
50,000/- for senior citizen) in a Financial Year. Further, TDS is recovered at the end of the financial year on Interest accruals if applicable.
• If interest amount is insufficient to recover TDS, the same may get recovered from the principal amount of Fixed Deposit. If customer wishes
to have TDS recovered from CASA, same can be availed by filling separate declaration at branch.
• For renewed deposits, the new deposit amount consists of the original deposit amount plus Interest Less TDS, if any, less compounding
effect on TDS. For reinvestment deposit, the interest reinvested is post TDS recovery and "hence the maturity amount for reinvestment
deposits would vary to the extent of tax and compounding effect on tax for the period subsequent of deduction till maturity.
• As Per Section 139A(5A) of IT Act, every person receiving any sum of income or amount from which tax has been deducted under the
provisions of IT Act shall provide his PAN to the person responsible for deducting such tax. In case PAN is not provided as required, the
bank shall not be liable for the non availment of the credit of Tax deducted at Source and non-issuance of TDS certificate.
• If your PAN is not updated with the Bank or is incorrect; please visit your nearest branch to submit your PAN details.
• No deductions of Tax shall be made from the taxable interest in the case of an individual resident in India, if such individual furnishes to the
Bank, a declaration in writing in the prescribed Format (Form 15G / Form 15H as applicable) to the effect that the tax on his estimat ed total
income for the year in which such interest income is to be included in computing his total income will be Nil. This is subject to PAN availability
on Bank records.
• Deposit amount exceeding Rs 50 k or If aggregated value of all outstanding FDs/RDs booked in same customer id during the Financial
Year exceeds INR 5Lakhs limit (*) then PAN/Form 60 is mandatory.
In absence of PAN/Form 60: (a) FD/RD will not be renewed on maturity and maturity proceeds will be credited to your linked account or a
Demand Draft will be sent to your mailing address as updated in Bank's records. (b) Maturity instructions to convert RD proceeds to FD will not
be acted upon and RD proceeds will be credited to your linked account on maturity.

The maximum interest not charged to tax during the financial year where form 15 G/H is submitted is as below:
• Upto 2, 50,000/- for residents of India below the age of 60 years or a person (not being a company or firm).
• Upto 5,00,000/- for senior citizen residents of India above the age of 60 years any time during the FY.
• Form 15G/ 15H to be submitted by customer in triplicate to the bank, for submitting one copy to IT Department, one copy for Bank record and
third copy to be returned to customer with Branch seal as an acknowledgment. A fresh Form 15G /H needs to be submitted at the start of every
new Financial Year. In case form 15G/15H is submitted post interest payout/credit, waiver shall be effective from the day next to the interest
payout /credit immediately preceding the date of submission of form 15G/15H.
• Form 15G/15H needs to be submitted for every fixed Deposits booked with bank for Tax exemption.
• The bank shall not be liable for any consequences arising due to delay or non-submission of Form 15G/15H
• To enable us to serve you better kindly submit the Form 15G/15H latest by April 1st of the new financial year.

Note: The above guidelines are subject to change as per Income Tax regulations /directives of Finance Ministry Govt of India prevalent from time to
time.
Automatic Renewal
We will be happy to renew your deposit, unless we hear from you to the contrary, for the same period as the original deposit, at the prevailing rate
of interest. You can change the deposit instruction within 7 days. Without prejudice to clause above, I hereby authorize the Bank and/or its
authorized person to approach me through various mode of communication, viz. via email, telephone call, voice bot (through chat bot or any other
Artificial Intelligent Tool), message, etc. and seek my consent/confirmation to renew the existing Fixed Deposit for same tenure and at the
prevailing applicable rate of interest. I confirm that the consent/confirmation given by me through the above channels for renewal shall be treated
as written instruction / advice given by me to the Bank for renewal of the Fixed Deposit as above.

Premature Encashment
• In the event of death of one of the joint account holders, the right to the deposit proceeds does not automatically devolve on the surviving joint
deposit account holder, unless there is a survivorship clause.
• In case of joint fixed deposits with a survivorship clause, the Bank shall be discharged by paying the Fixed Deposit proceeds prematurely to
survivor/s equally, on request, in the event of one or more Joint Depositor.
• In the case of premature encashment, all signatories to the deposit must sign the encashment instruction.
• All premature encashment will be governed by rules of Reserve Bank of India Prevalent at the time of encashment.
• In case joint holder mandate submitted to the bank, any of the holders can sign where mode of operation is either or survivor / former or survivor.

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Kindly refer overleaf for detailed Terms and Conditions
• As per IT laws, if aggregate amount of the deposit/(s) held by a person with a branch either in his own name or jointly with any person on the
date of repayment together with the interest at payable is equal to or exceeds 20,000/- then the amount will be paid by bank draft drawn in the
name of the deposit holder or by crediting the savings / current account of the deposit holder.
• Partial Premature withdrawal and sweep-in facility is not allowed for fixed deposits with amount>=5 cr to< 25 cr.
• The interest rate applicable for premature closure of deposits (all amounts) will be lower of: The rate of
Original /contracted tenure for which the deposit has been booked OR base rate applicable for the tenure for which deposit has been in force with
the Bank.
• For deposits < 5cr booked on or after 7th March'19, the base rate is the rate applicable to deposits of less than Rs.2 Cr as on the date of booking
the deposit. Prior to this the base rate is the rate applicable to deposits of less than Rs.1 Cr as on date of booking the deposit. For 5 Crore and
above deposits, the base rate is the rate applicable for 5 cr deposits.
• As per terms & conditions of the fixed deposits accounts of the bank in case of premature closure of Fixed Deposit (including sweep in / partial
closure) the interest rate will be 1.00% below the contracted rate or the base rate applicable for the period the deposit has remained with the
bank, whichever is lower. except for the deposits booked with tenor 7-14 days, for deposit with amount >= 5.25 cr to < 5.50 cr (wef 29th Aug
2018), for deposits>=24.75 cr to < 25 cr (wef 29th Aug 2018) and also for FD's booked with value >=25 crore (single fd booked post Sept 2017).
1% reduced rate will not be applicable for NRE fixed deposits.
• In case of death of primary holder of the deposit prior to maturity date, premature termination of the deposit would be allowed as per the terms
of contract subject to necessary verifications and submission of proof of death of the depositor. Such premature withdrawals will not attract any
penal charge.

Insurance Cover for Deposits

The deposits in the Bank are insured with DICGC for an amount of Rs 5 lakhs (principal + interest) per depositor

Non Withdrawable Fixed Deposits (Applicable for Resident and Non Resident)
• The Deposits cannot be closed by the depositor before expiry of the tenure. However, the Bank may allow premature withdrawal of these
deposits in certain exceptional circumstances, in the event of direction from any statutory and / or regulatory body or deceased claim settlement
cases.
• In the event of premature withdrawal of these deposits under above mentioned exceptional circumstances (except for deceased claim
settlement case), the Bank will not pay any interest on the principal amount of the deposit. Any interest credited or paid upto the date of such
premature closure will be recovered from the deposit.
• In the event of premature withdrawal of these FDs due to death claim , interest to be paid to the claimant. The interest rate applicable on such
withdrawal will be the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower. For
deposits 2 crore to < 5 crore, the base rate is the rate applicable to deposits of 2 crores as on the date of booking the deposit. For deposits >=5
crore, the base rate is the rate applicable to deposits of 2 crores as on the date of booking the deposit.
• Sweep-in facility is not allowed.
• The minimum tenor for resident and NRO deposits of 2 crores is 1 year and 91 days for 5 crore and above.
• The minimum tenor for NRE deposits is 1 Year.
• The deposit will be booked with maturity instruction as 'Do Not Renew'.
• The Non Withdrawable Deposit is offered for amount 2 crore and above only.
• Only first party FD OD is provided with 90% limit. Third party FD OD is not allowed.

SureCover Fixed Deposit

• This is a new product variant which provides complimentary life insurance cover for the 1st year of the Fixed Deposit tenure to the primary holder
of the Fixed Deposit (FD) only and the same shall not be available for the joint holders (if any). The Policy shall be available subject to the below
terms and conditions.
• The Policy offered shall be equivalent to principal amount of the FD
• The Complimentary insurance is applicable only for 1st year of the Fixed Deposit tenure and the premium for the subsequent years i.e. 2nd year
onwards (if availed) shall be chargeable and paid by the primary holder of the FD.
• The complimentary Policy issued in my favour shall be cancelled upon premature/partial liquidation of FD principal amount >=50% of the total FD
booked by me. Also, if the same is force closed by the bank due to non-servicing of OD against FD
• Premature withdrawal clause will be applicable as per bank's extant process
• Nomination in the FD and Policy is mandatory. If nominee is minor, guardian/ appointee details should be shared and guardian/ appointee should
not be minor.
• Customer can avail only one Policy against each FD per cust id. New Policy against the FD can be availed only after a year from premature
withdrawal/closure of the earlier FD
• Insurance cover will be applicable only to the primary holder of the FD
• If a primary applicant changes the date of birth after SureCover fd is booked and if the current age is > 50 yrs i.e. the max age required for this
product, then claim will not be settled
• The details for the renewal of the Policy for the subsequent year (i.e. 2nd year onwards) shall be shared by the concerned Insurance company on
or before the expiry of the Policy.
• For any dispute/grievances in relation to the Policy, Customer to contact the Insurance Company for grievance redressal.
• For any queries related to the policy, customer can write to cpgroupops@hdfclife .com or visit nearest branch
• For any queries related to the claim, customer can write to [email protected]
• TDS will be applicable on these FDs as per the extant statutory guidelines.
• All terms and conditions with respect to regular FD will be applicable.
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Kindly refer overleaf for detailed Terms and Conditions
• That the eligible age criteria of the primary holder of the FD shall be between 18 years to 50 years. In the event of the change in age of member
between the date of receipt of member consent and the risk commencement date, the sum assured of the member shall be provided as per the
age on the risk commencement date.
• The coverage shall terminate if you fail to satisfy any of the eligibility criteria, if you cease to be a member of the group for whatsoever reason or
your relationship ceases with the master policy holder or if the premium is not paid within the allowed premium payment period
• Nominee details updated are applicable only for current Policy being issued in the name of the primary holder
• On change of status i.e. from resident to non-resident, benefits of SureCover FD will be discontinued and SureCover FD will have to be closed
In case the above mentioned Terms and Conditions and declarations are untrue or there has been any non-disclosure of any material fact,
then the Policy to be issued by the insurer shall be treated as void during the settlement of the said Policy by the Insurer.
Please refer to data privacy notice updated on HDFC Bank's website: www.hdfcbank.com > Personal> Useful Links > Privacy
Please refer website www.hdfcbank.com for detailed terms and conditions.

Health Cover FD
• This is a new product variant which provides complimentary Group Hospital Cash cover for the 1st year of the Fixed Deposit tenure to the primary
holder of the Fixed Deposit (FD) only and the same shall not be available for the joint holders (if any). The Policy shall be available subject to the
below terms and conditions
• The value of Policy offered shall be dependent on principal amount of the FD. Hospital Cash cover Rs 500 per day for 15 days: FD amount >=5
lacs to < 10 lacs and Hospital Cash cover Rs 1000 per day for 15 days: FD amount >= 10 lac to 1.99 cr
• The Complimentary insurance is applicable only for 1st year of the Fixed Deposit tenure
• The complimentary Policy (Group Hospital Cash) issued in my favour shall be cancelled upon premature/partial liquidation of FD principal amount
>=50% of the total FD booked by me. Also, if the same is force closed by the bank due to non-servicing of OD against FD
• Nomination in the FD and Hospital Cash Cover (Policy) is mandatory. If nominee is minor, guardian/appointee details should be shared and
guardian/appointee should not be a minor
• Customer can avail only one Hospital Cash Cover (Policy) against each FD per cust id. New Hospital Cash Cover (Policy) against the FD can be
availed only after a year from premature withdrawal/closure of the earlier FD
• Insurance cover will be applicable only to the primary holder of the FD
• The details for the renewal of the Hospital Cash Cover (Policy) for the subsequent year (i.e. 2nd year onwards) shall be shared by the concerned
Insurance company on or before the expiry of the Policy
• For any dispute/grievances in relation to the Policy, Customer to contact the Insurance Company for grievance redressal
• For any queries related to the policy, customer can write to [email protected] or visit nearest branch
• For any queries related to the claim, customer can write to [email protected]
• TDS will be applicable on these FDs as per the extant statutory guidelines
• All terms and conditions with respect to FD will be applicable
• That the eligible age criteria of the primary holder of the FD shall be between 18 years to 59 years. In the event of the change in age of member
between the date of receipt of member consent and the risk commencement date, the sum assured of the member shall be provided as per the
age on the risk commencement date
• Health insurance product (Group Hospi Cash) belongs to insurance company (Aditya Birla Health Insurance) and the claim settlement
will be as per Insurer's process and Bank does not have any role to play in the same
• The coverage shall terminate if you fail to satisfy any of the eligibility criteria, if you cease to be a member of the group for whatsoever reason or
your relationship ceases with the master policy holder or if the premium is not paid within the allowed premium payment period
• Nominee details updated are applicable only for current Hospital Cash Cover (Policy) being issued in the name of the primary holder
• On change of status i.e. from resident to non-resident, benefits of HealthCover FD will be discontinued and HealthCover FD will have to be closed
• If a primary applicant changes the date of birth, name etc after HealthCover fd is booked and if the details are not as per the eligibility
defined for the product, claim will not be settled for such cases
• Benefits under hospital cash shall not be payable for more than 15 days per Hospitalization claim per Policy Year
• Benefits under hospital cash shall not be payable for more than 15 days per Policy Year
• Benefits under hospital cash will trigger only after a Deductible of 1 day
• Specified Disease / Procedure waiting period: A waiting period of 24 months from the Inception Date shall apply to the treatment, whether medical
or Surgical and of the Illness/conditions and their complications mentioned in Annexure I. Please refer website for Annexure I
• Pre- Existing Diseases Waiting Period Payment will not be done for any claim in respect of any Insured Person directly or indirectly caused by,
based on, arising out of, relating to or howsoever attributable to any Pre-Existing Diseases or any complication arising from the same, until 4 years
in this regard has elapsed since the Start Date of the first Policy with Us
• Initial waiting period: A waiting period of 30 days from the Inception Date of the Policy will be applicable for all Hospitalisation claims except in case
of Accidents

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Kindly refer overleaf for detailed Terms and Conditions
• Permanent Exclusion- Aditya Birla Health Insurance company shall not be liable to make any payment for any claim under any Benefit in respect of
any Insured Person directly or indirectly caused by, based on, arising out of, relating to or howsoever attributable to any of the reasons mentioned
in Annexure II. Please refer website for Annexure II

In case the above mentioned Terms and Conditions and declarations are untrue or there has been any non-disclosure of any material fact,
then the Policy to be issued by the insurer shall be treated as void during the settlement of the said Policy by the Insurer.

Please refer to data privacy notice updated on HDFC Bank's website: www.hdfcbank.com > Personal> Useful Links > Privacy

Please refer website www.hdfcbank.com for detailed terms and conditions.

Important Points:
• Senior Citizens (60 years and above) who are Resident Indians are eligible for senior citizen rates for deposits less than 5cr (except for Non
withdrawable Fixed Deposits).
• Benefit of additional interest rate on deposits on account of being bank's own staff or senior citizens shall not be applicable to NRE and NRO
Deposits.
• Please quote the Deposit Account Number in all Communication.
• Please record change of maturity instructions with us well in advance to enable us serve you better.
• Any changes made online in respect to change in maturity instruction / tenure, details can be viewed online post the changes.
• Please ignore this advice If you have redeemed or renewed this deposit on or after the maturity date as mentioned herein. In case of Renewals,
you will receive a new Fixed Deposit Confirmation / renewal advice.
• Rate applicable on monthly interest option will be discounted rate over the standard FD Rate.
• In case of more than one deposit linked for Sweep-In, the system will first Sweep-In funds from the last or recently opened deposit i.e., on
LIFO(Last-In-First- Out) basis.
• In case your fixed deposit is booked without nomination details, please visit the Branch to update the same.
• In case of NRO / Resident FD, no interest will be paid if the deposit is prematurely withdrawn before completion of 7 days.
• In case of NRE FD interest will not be paid if the deposit is prematurely withdrawn before completion of 1 year.
• Form 15G/H is not applicable to NRIs.
• TDS is not applicable for Interest earned on NRE deposits.
• Fixed Deposits booked with monthly or quarterly interest payout option, TDS recovery will by default happen from linked current / savings
account. Please visit nearest branch / contact RM for further clarification.
• When you open a Fixed deposit with the Bank Interest on Term Deposit is calculated as below:
o On a Quarterly basis for deposits > 6 months.
Simple interest is paid at maturity for deposits <= 6 months.
o Cumulative Interest/ re-investment interest is calculated every quarter and is added to the principal such that Interest is paid on the
Interest earned in the previous quarter as well.
• In case of monthly deposit scheme, the interest shall be calculated for the quarter and paid monthly at discounted rate over the Standard FD Rate.
• If FD is not booked / renewed as per applicable T &C, Bank reserves the right to rebook the same with correct details.
• Please visit our website / nearest branch / contact Relationship Manager for further clarification.
• In case of Non-filer of income Tax return, TDS shall also be deducted at higher rate as provided by the Section 206AB, w.e.f 1-Jul-2021.
• Income-tax provisions outlined in this document are updated as of the Finance Act, 2021.
• In case of third party fixed deposit , lien is marked only on principal amount of the deposit.

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