mdhavare19@gmail.com

Sachin
9639363185

Basics:

1. First of all we will do the escrow for the minimum amount of Rs. 2,00,000/- one day before transactions in bank start.

2) Bank branch must be mother branch.

3. Account must not be CC/OD or dead account.

4. Balance maintained in the account must be 24 Hrs. old.

5. Minimum transaction must be 50 Cr. and above accordingly.

Bank Procedure:

1. Account statement stamped and signed by BM. (More than discussed Transaction amount)

2. After verification all the company details will be shared and agreement must be made between two parties.

3. 2% Fund to be transferred through RTGS by the Assignee to Assignor's account.

4. Assignor to apply to the BM for Fresh FD in own company/firm/personal name.

5. After FD preparation Assignor must apply for assignment of the prepared FD in favour of Assignee's company/firm/personal name.

6. Within 24 Hours, all the discussed or decided amount will be paid by the Assignee. to the Assignor

7. Assignor shall handover Deed of Assignment, Original FDR and No dues Certificate to the Assignee

8. Steps 3. to 7. of Bank Process stated above shall be repeated for subsequent FDs

*** Any confusion will be cleared with verbal conversation.

***DOCUMENT REQUIRED IN BANK****

1. Assignor's and Assignee's Companies all documents (PAN CARDs) Original.

2. Assignor's and Assignee's PAN CARDs.

3. Assignor's and Assignee's Original Passports.

4. 3 Years Balance sheets.

5. 2 Years IT returns.

6. Assignor's and Assignee's Owner/Owners Photo.

And Rates of INR 230cr (1+1+30%) Per INR100 Cr. FD (30% includes all media from seller end.