1. STANDING INSTRUCTION
From: Date: ____________
_____________________________
_____________________________
_____________________________
To:
RAC
The Branch Head,
AXIS Bank Ltd.,
Ref: Execution of Standing Instruction
Dear Sir,
This is in reference to the Power Home Loan of INR ____________________
(Rupees ________________________________________________________) sanctioned to me by
Retail Assets Center, ____________________.
My Power Home Loan Account No. is ________________________________ and Customer ID
is _______________________________________________.
I authorize you to debit a sum of Rs. ___________________________________ (Rupees
_______________________________________________________) on the 1st of every month
starting from _____________________________ from my savings account no
_________________________________________ in your branch being the monthly EMI due to
you.
This instruction is irrevocable.
Yours Truly,
( _______________________ )