In the financial realm, the ease of transactions and the security of transfers are paramount. The Electronic Clearing Service (ECS) Mandate Form for Standard Chartered Bank (SCB) exemplifies this by simplifying the process for customers to automate fund transfers to the bank. This facility, particularly beneficial for consistent transactions like loan repayments or bill payments, ensures that customers can authorize SCB and its authorized service providers to directly debit their specified bank account through ECS (Debit Clearing). Tailored with utility codes for different regions, including but not limited to Surat, Bhopal, Baroda, Indore, and Lucknow, it facilitates a wide-reaching service spectrum. Prospective users are guided to provide comprehensive information, including bank account details and the upper limit for the ECS debit, ensuring a personalized and secured transaction experience. Additionally, the form necessitates an agreement to conditions that safeguard both the customer's and the bank's interests, alongside the obligatory verification from the customer’s bank to validate the particulars provided. This meticulous combination of customer authorization, bank verification, and adherence to regulatory norms makes the SCB ECS Mandate Form a critical tool in the efficient management of electronic payments and collections, aligning with the digital evolution of banking practices.
Question | Answer |
---|---|
Form Name | Scb Credit Card Form |
Form Length | 3 pages |
Fillable? | No |
Fillable fields | 0 |
Avg. time to fill out | 45 sec |
Other names | Baroda, MICR, EMI, CLPU |
ELECTRONIC CLEARING SERVICE (Debit Clearing) MANDATE FORM
Authorization of Customer to remit funds / payments to Standard Chartered Bank (SCB) through Electronic Clearing Service
I/We hereby, authorize SCB and their authorised service providers, to debit my/our following bank account by ECS (Debit Clearing)
SCB Utility Code - 6009068 (All Regions except Surat, Bhopal, Baroda, Indore & Lucknow) |
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SCB Utility Code |
Surat 3951054 |
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Bhopal 4629011 |
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Baroda 3909101 |
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Indore 4529010 |
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Lucknow 2269013 |
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(Form to be filled up in capital letters only) |
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CUSTOMER’S NAME |
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Applicant Name |
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PARTICULARS OF BANK ACCOUNT |
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Account holder/s Name as in Bank Account (All Account holders)
Bank Name
Branch Name
Bank City
Account Number
Account Type
9 Digit MICR Codes
Savings
Current
Cash Credit
Overdraft
ECS w.e.f.
D D M M Y Y Y Y
PARTICULARS OF DEBIT INSTRUCTION
DEBIT REFERENCE NO.
(loan, cell, phone, policy no. etc)
BANK / UTILITY NAME
UPPER LIMIT FOR ECS DEBIT (IN INR)
EXPIRY DATE
D D M M Y Y Y Y
DECLARATION AND SIGNATURE/S
I/we hereby declare that the particulars given above are correct and complete. If the transaction is delayed or not affected at all for reasons of incomplete or
incorrect information, I/we would not hold the user institution responsible. I/We have read all the terms and conditions as are applicable for availing of this ECS Debit service and agree to discharge the responsibility expected of me/us as a participant under the scheme. I/We also hereby authorize our representative carrying this ECS Debit Mandate Form to get it verified and executed by my/our Bank.
First Account Holder
Second Account Holder
Third Account Holder
Fourth Account Holder
All Signatures as in the Bank Records. All Joint Account holders are required to sign.
For user by Customer / Account Holder's Bank
We hereby certify that the particulars of the customers furnished above are correct as per our records, and we hereby declare that a copy of this mandate form, duly complete and signed, has been submitted to us.
Bank Stamp |
Signature of Authorised Official of the Bank |
Name |
Branch |
Designation |
Date |
ID NO.
ACCOUNT TITLE
CONTACT TEL NO.
ADDRESS
ACCOUNT NO.:
(Please turnover to sign)
Electronic Debit Authorisation to Bank Account
(To be filled in by Borrower if repayment is through ECS)
To,
The Manager Operations,
Centralised Loan Processing Unit (CLPU)
Standard Chartered Bank,
58, Armenian Street,
Chennai - 600 001
Dear Sir,
RE: Authorisation to pay loan amount vide equated monthly installments (“EMI”) to CLPU, Standard Chartered Bank (“Bank”) through the Electronic Debit Clearing Mechanism.
Please arrange to incorporate a standing instruction to debit my / our bank account towards payment of my / our loan amount vide EMI and / or any overdue / late charges / cheque bounce charges as per the details given below:
Loan account number:
Loan account number:
Name:
Particulars of Bank account
A. Name of Account Holder:
B. Bank Name:
C. Branch Address:
D. Account Number:
I / We, having a Bank loan account, as mentioned above, hereby express my / our unconditional consent to debit payments of my / our loan amount vide EMI and / or any overdue/ late charges / cheque bounce charges referred to above through participation in the Electronic Clearing System (“ECS”) of the National Clearing Cell of the Reserve Bank of India and hereby unconditionally and irrevocably authorize the Bank to raise the debits on such regular payments as referred to above, against my / our bank.
Account Number
with
bank.
I / We hereby declare that the particulars given above are correct and complete and if the transaction is delayed or not effected at all for reasons of incomplete or incorrect information I / We would not hold the Bank responsible. I / We agree and understand that my / our bank shall be informed of these debits as per the enclosed letter. I / We shall advise them of the same and I / We understand that the instruction cannot be withdrawn / cancelled except with the written consent of the Bank, for the payment of the loan amount vide EMI and / or any overdue / late charges / cheque bounce charges.
Signature of Sole / First Account Holder |
Name |
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Signature of Second / Joint Account Holder |
Name |
(Please Note: To be signed by all account holders as per mandate on the savings / current a/c with your bank)