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Banking
Download Indian banking legal templates including account opening forms, promissory notes, letters of credit, bills of exchange, and related agreements.
Quick Overview
All templates are provided for reference and should be reviewed by legal professionals before use.
Frequently Asked Questions
Common questions about Banking legal templates
What types of account opening forms are included?
The collection includes account opening forms for companies, societies, clubs, trusts, and cooperative banks.
What is a bill of exchange?
A bill of exchange is a written order from one party to another to pay a specific sum, either immediately or on a fixed date.
What is the difference between a demand promissory note and one payable in instalments?
A demand promissory note is payable immediately upon demand, while an instalment note is repaid in scheduled parts over time.
Are there templates for letters of credit?
Yes, both clean and documentary letters of credit, as well as circular letters of credit, are included.
Can I find a factoring agreement template here?
Yes, the collection includes a standard factoring agreement format suitable for Indian banking transactions.
What is a letter of lien for overdraft?
It is a written authorization from a fixed deposit holder allowing the bank to hold the deposit as security for an overdraft.
Are the bill of exchange formats suitable for foreign trade?
Yes, there are both domestic and foreign bill of exchange templates, including ones issued in sets for international transactions.
Do these formats include bank-to-bank correspondence letters?
Yes, there are templates for enquiries about a company's financial status and replies between banks.
What is a traveller’s cheque format?
It is a pre-printed, fixed-amount cheque designed for travellers to use as a secure payment method.
Are these banking templates legally valid in India?
Yes, they follow Indian legal requirements, but parties should adapt them to their specific circumstances.