1

Customer Name

Exisng Corporate ID Preferred Corporate ID

D D M M Y YY Y

Customer ID

Corporate Internet Banking

Applicaon Form

SRF01

Form Type

Bank Branch

MICR

Bank Branch

Generic

BDC

Dynamic

Yes

Yes

Yes

Yes

Yes

Yes

Ye

No

Transacon-wise debit for all Bulk Payments

Front-end authorizaon for Host to Host

Beneficiary Registraon/Validaon

Auto Conversion of RTGS to NEFT

Encrypon for upload files

Payment advice to beneficiary (Email/SMS)

Cheque Validaon (CBSS

2

If jointly, Authorizaon: Parallel Sequenal

Priority rules for Sequenal Authorizaon

5. Services Charges (Mandatory for Bulk Upload & Host Payments)

6. Declaraon by Authorized Signatory

I / We accept that I / We are empowered by the Board Resolution (or equivalent) dated ___________ to authorize users to operate accounts mentioned in the

application form.

I / We confirm that the details mentioned in the application form are correct and the email ID provided is official.

I / We are aware of the fact that the facility of Corporate Internet Banking is granted solely at our request and that the Bank shall in no way be responsible for

any kind of hacking and / or phishing attacks and / or cyber related crime, which may take place or happen in the account during the pendency of the facility and

which may result in a loss due to the transfer of the funds from my / our account to the third party's account. I / We are also aware of the fact that while Bank

has taken all necessary available precautions the chances of such attacks by third parties cannot be ruled out in any view of the matter the Bank shall stand

indemnified from any such claims from our side.

Application form. I/We accept & are aware that the CIB users will have option to generate/reset their password online I/we understand and agree that the Bank

charges one-time cost for issuance or replacement of one touch device.

3

4

10. Terms and Condions

5

out any Instrucons notwithstanding such inadequacy of funds without seeking the prior approval from or noce to the Customer, and, without prejudice to any

other rights of AXIS Bank including the right of set-off and lien, the Customer shall be responsible to repay with interest the resulng overdra, advance or credit

thereby created and for all related costs and charges. Suitable means of authencaon as decided by AXIS Bank. In addion, AXIS Bank may advise the Customer to

adopt such other Security Procedure and means of authencaon as AXIS Bank may require, and the Customer agrees to abide by such security procedure.

The Customer and the Users authorized by the Customer shall keep all passwords, including the password used to encrypt the private key, confidenal and well

protected and should not reveal the same to any unauthorized person, including to any employees and representaves of AXIS Bank. AXIS Bank shall in no way be

held responsible, if the Customer incurs any loss as a result of the password being disclosed by the Customer or User to any third pares.

The Customer shall ensure that each User who avails of digital signatures for the purpose of using the Services shall generate the private key and the public key by

following the instrucons prescribed by AXIS Bank, and the Customer shall be bound by the private key and the public key so downloaded/generated by the Users.

The Customer shall be responsible for the safe custody of the private key and the Customer would be responsible for, and bound by, any and all instrucons given

Instrucons:

All Instrucons received from the Customer by AXIS Bank shall only be processed during banking hours on working days. An Instrucon will only be accepted by

AXIS Bank if it has been transmied to AXIS Bank in the manner menoned in these Terms and Condions, by using the Security Procedure prescribed hereunder.

AXIS Bank may, in its absolute discreon but without being under any obligaon, make further checks as to the authencity of an Instrucon®.

The Customer is solely responsible for the accuracy and authencity of the Instrucons provided to AXIS Bank and will be bound by any and all Instrucons given

and/ or transacons carried out by any User authorized by it. AXIS Bank shall be entled to rely upon all Instrucons given by the Customer and act on such

Instrucons. The Customer acknowledges and agrees that in the event of any inaccuracy in any informaon and/ or Instrucon, there could be consequent erroneous

transfers. All such Instrucons shall be final and binding on the Customer. In the event of any dispute on the actual Instrucons given to AXIS Bank, the records of

AXIS Bank would be final and binding on the Customer.

An Instrucon shall remain effecve ll such me the same is countermanded by further instrucons by the Customer or effectuated by AXIS Bank. If

the Instrucon is aached with noce of any special circumstances, AXIS Bank may, (without being bound to do so) seek clarificaon from the Customer before

acng on any such Instrucon or act or refuse to act upon any such Instrucon in the manner as it deems fit. AXIS Bank will not be responsible or liable for any loss

to the Customer or any third party that results from the carrying out or refusal to carry out any Instrucons or from any delay in effecng any Instrucons in the

above circumstances.

1.

1.1.

1.2.

1.3.

1.4.

1.5.

2.1.

3.

3.1.

3.2.

3.3.

3.4.

4.

4.1.

5.

5.1.

6.3.

6.4.

AXIS Bank shall not be responsible for any delay in carrying on the Instrucons due to any reason whatsoever, including due to any circumstances beyond its

reasonable control or any requirement of law or on account of any shortcoming by any third party, howsoever caused.

If any Instrucon cannot be given effect unless it is affected by requisite documentaon, AXIS Bank shall not be required to act on such Instrucon unl it receives

such documentaon.

AXIS Bank shall not be liable for any consequences arising out of its failure to carry out the instrucons due to inadequacy of funds and/or

In case of any instrucon relang to any foreign currency transacon made by the Customer, the exchange rates quoted by AXIS Bank, if any (whether through its

Website or otherwise), shall only be provisional and shall be subject to future variaons in the exchange rate. The rate at which the transacon is given effect to

would be the effecve rate for all intents and purposes.

AXIS Bank may, from me to me, specify maximum and minimum transacon limits for its various services. The Customer shall be bound to comply with such limits

imposed by AXIS Bank.

Changes in Informaon:

Any changes in the informaon provided by the Customer shall be communicated by the Customer to AXIS Bank in the manner spulated by AXIS Bank, along with

accompanying corporate resoluons. The Customer shall be entled, to modify its list of Users from me to me, by giving a leer to this effect to AXIS Bank, along

with accompanying corporate resoluons. Any such change shall be effecve only aer the Customer has been inmated of the implementaon of the changes by

AXIS Bank, and ll such me AXIS Bank shall connue to accept and carry out Instrucons received from any of the representaves of the Customer whose names

are menoned in the list of Users then available with AXIS Bank.

Confidenality & Disclosure:

The Customer hereby authorizes the use of confidenal informaon of the Customer by AXIS Bank and the transfer by AXIS Bank of any informaon relang to the

uninterrupted, error- free, mely or secure performance of the CIB systems/ Services, tle, sasfactory quality, merchantability, fitness for a parcular purpose, data

accuracy and completeness, and any warranes relang to non-infringement in Internet Banking or any transmission of informaon from AXIS Bank to the Customer

being virus free.

Indemnity:

The Customer agrees that the Customer shall indemnify and hold AXIS Bank, its officers, director, agents and employees harmless against all acons, claims,

demands, proceedings, losses, damages, costs, charges and expenses whatsoever which AXIS Bank may at any me incur, sustain, suffer or be put to as a

consequence of or by reason of or arising out of providing any of the Services or due to any negligence/mistake/misconduct on the part of the Customer or breach

or non-compliance by the Customer of any of the Terms and Condions spulated herein relang to any of the Services or by reason of AXIS Bank in good faith taking

or refusing to take acon on any instrucon given by the Customer

Internet Banking Records and Transacon Terms:

wring or are documents produced by a computer.

AXIS Bank is permied to ulize all informaon received by it from the Customer as evidence against the Customer before any competent Court of law or Judicial

or Quasi- Judicial Authority or Tribunal or any other statutory or government authority.

All original documents along with applicable stamping (wherever applicable), shall be submied to the respecve B Category branch by the client within two working

days from the date of iniaon of transacon in the Trade portal services.

Terminaon:

Subject to this Clause, AXIS Bank reserves the right to disconnue all or any of the Services at any point of me with 30 days prior noce, save and except in

circumstances where AXIS Bank has disconnued all or any of the Services as a consequence of the Customer comming any breach of the Terms and Condions

or if it learns of the death, bankruptcy or lack of legal capacity of the user.

Closure of Accounts of the Customer will terminate the Service.

control of the AXIS Bank, including without limitaon, network failure, faults in computer systems, storage devices natural calamies, legal restraints or any other reason.

Charges:

The Customer hereby agrees to bear the all charges applicable to the Services as may be spulated by the AXIS Bank from me to me, or rates/charges mutually

agreed from me to me for availing of the Services and inmated to the Customer through the Website or through any other medium, as AXIS Bank may deem fit.

AXIS Bank is authorized to debit such charges to the Customer's Accounts.

Non- Transferability and Non-Assignability:

The grant of the Services to a Customer is not transferable under any circumstance and shall be used only by the Customer. The Customer shall not assign its rights

and/ or obligaons in relaon to the Services or any part thereof to any other person. AXIS Bank may subcontract and employ agents to carry out any of its

obligaons in relaon to the Services.

Governing Law and Jurisdicon:

6.6.

6.7.

6.8.

6.9

7.

7.1.

8.

8.1.

9.

9.1.

6

before cutoff me for the said payment modes.

As per the arrangement, the data pertaining to Customer Cheques/Demand Dra/Corr DD shall either be printed by remote branches of Bank or Corporates

In the event of any malfunconing and/or break-down in the working of the said network for the reasons beyond the control of the bank, the benefits and the

facilies hereby granted to me/us will stand suspended during such break-down in which case the bank will not be any manner be liable and/or responsible to me/us

for any damages / compensaon and/or for any other consequences arising out of such suspension.

1.

2.

3.

4.

5.

12.

13.

14.

15.

16.

17.

18.

19.

20.

1.

d)

g)

7.

8.

9.

10.

7