NF1070

TERM DEPOSIT/ RECURRING DEPOSIT ACCOUNT

OPENING FORM FOR EXISTING NRI CUSTOMERS
(For fully KYC complied existing account)

For Office use only

Deposit A/c No : Date: d d m m y y y y
Dear Sir/ Madam,
I/ We request you to open a NRE/NRO/FCNR(B) deposit account in my/ our name/s in accordance with the rules of the bank, on the
following terms and conditions and issue me /us a Deposit receipt/ pass book.
Personal Details: Name Account Number (Active) Customer ID
I Account Holder Name
(Mr./Ms./ M/s/Master/Miss)
II Account Holder Name
(Mr./Ms./ M/s/Master/Miss)
III Account Holder Name
(Mr./Ms./ M/s/Master/Miss)

Category of Deposit: Fixed Deposit: (FDR) £ Kamdhenu Deposit: (KDR) £ NRE/NRO Recurring Deposit: (RD) £

Type of Deposit NRE NRO FCNR(B)

£ USD £ GBP £ EUR
Amount ` ` £ AUD £ CAD
Amount: __________________
£ Debit my NRE Account £ Debit my NRO Account £ Debit my NRE Account
No:_______________________ No:_______________________ No:_______________________
Debit Instructions
£ Wire Transfer Ref
No:_______________________
_________________________ _________________________ _________________________
Period of Deposit
(Minimum period is 1Year) (Minimum period is 7 Days) (Minimum period is 1 Year)
Interest Rate
Transfer to NRE account Transfer to NRO account Interest earned on FCNR(B)
£ Re- Invest £ Re- Invest deposit is re-invested and paid
Interest Payment Instruction £ Monthly £ Monthly on maturity along with principle
£ Quarterly £ Quarterly
£ Half Yearly £ Half Yearly
£ Auto Renew (Only once) £ Auto Renew (Only once) £ Auto Renew (Only once)
£ Renew only principle & £ Renew only principle & £ Issue a DD on maturity in
Maturity Instructions Pay Interest to my NRE A/c on Pay Interest to my NRO A/c on INR/USD/GBP/AUD/CAD/EUR
maturity maturity £ Do not renew
£ Do not renew £ Do not renew £ Transfer to NRE Account

Deposit Instructions (available only for NRE/NRO Recurring accounts only)

 Account to be debited: ___________________________________ RD Account Type: NRE NRO
 Monthly Installment Amount in Rs.: Total Number of Installment in Months:
(Tenure range: NRE RD 12-120 months; NRO RD 6-120 months)

Date of Debit: Interest Rate:

Nomination form DA1: ¢ Required ¢ Not required (In case nomination is not required depositor have to tick ‘Not required’ along with signature)

Nomination under Section 45ZA of the banking Regulation Act 1949 and rule 2(1) of the Banking Companies (Nomination) Rule 1985 in
respect of Bank Deposits. I/ We……………………………………………………………...............……………….............…(Name/s & Address)
nominate the following person to whom in the event of my death the amount of deposit in the account, particulars whereof are given below,
may be returned by Canara Bank
Nominee details:
Name and address Relationship with the Age If nominee is minor,
depositor, if any his/ her date of birth

As the nominee is minor on this date, I/ we appoint……...............………………….........................……………………………… (Name/s

and Address/es) to receive the amount of the deposit in the account, on behalf of the nominee, in the event of my death, during the minority
of the nominee. I have also noted that repatriation of funds in these accounts to Non Resident Nominees is subject RBI approval / Foreign
Exchange Regulations.
Name, Signature & Address of Witness**
1. _________________________________
*Signature (s) of Depositor (s)
2. _________________________________
Place......................................... * If deposit is in the Name of minor, nomination form should be signed by guardian or person lawfully entitled to act
on be half of minor, ** In case of depositor has made thumb impression, form should be witnessed by two persons
Date.......................................... along with mentioned details.
Declaration:
1. I/we hereby declare that I/ we are a Non Resident Indian of India origin. I/we understand that the above account will be opened on the
basis of the statements / declarations made by me/us and I/we also agree that if any of the statements / declarations made herein is
found to be not correct in material particulars you are not bound to pay any interest on the deposit made by me/us.
2. I/we agree that no claim will be made by me/us for any interest on the deposit(s) for any period after the date(s) of maturity of the
deposit(s). I/we agree to abide by the provisions of the Foreign Currency Non-Resident Account (Banks) Scheme/Non Resident
(External) Account / Non Resident (Ordinary) Account Schemes. I/we hereby undertake to intimate you about my return to India for
permanent residence immediately on arrival.
3. I/we agree that if the premature withdrawal is permitted of my/our request, the payment of interest on the deposit may be allowed in
accordance with the prevailing stipulations laid down by the Bank in this regard.
4. I/We hereby confirm that non-callable deposits will not have auto renewal, part withdrawal and sweep in & sweep out facilities and
premature withdrawal facility.
5. I/We hereby confirm that a penalty of 1% will be lived on premature withdrawal of NRE/NRO/FCNR(B) deposit for period 1 year and
above. Where NRE/FCNR(B) deposit is to be closed before maturity before completion of 1 year from the effective date of deposit,
no interest shall be payable on such premature closure.
6. I/We hereby confirm that the interest on FCNR deposits should be paid on the basis of 360 days to a year. Interest on FCNR (B)
deposit is calculated and paid at intervals of 180 days each and thereafter for the remaining actual number of days.
7. I/We hereby confirm that NRE and NRO deposits will not have auto renewal facility. Depositor have to provide their residential status
proof at the time of maturity of deposit for subsequent renewal.
8. I confirm that in case my account is not KYC complied, auto renewal of term deposits will not take place and it’s my duty to regularly
do re-KYC of my account.
9. I/we agree to comply with and to be bound by the Banks for the time being in force for the conduct of such accounts. I/we declare that
the rules in force have been read by me/us.
10. I/we further understand that the rate of interest applicable on the deposit renewed shall be at the appropriate rate of interest for the
period of renewal as prevailing on the date of maturity or on the date of renewal whichever is lower and that the renewal will be noted
on the deposit receipt on my/our presenting the same on the maturity date or later for renewal/payment, I/we also understand that the
overdue deposit or a portion thereof can be renewed from the date of maturity provided the overdue period does not exceed 14 days.
11. I/we hereby declare that all forex transactions, as may be entrusted by us to the Bank from time to time will be in strict conformity with
the prevailing provision of FEMA 1999 at the time of transactions are put through.
12. I accept, confirm, authorize and permit Canara Bank to use, share and disclose all of my registered communication contacts and
address for the purpose of receiving information from bank, bank authorized service providers, any kind of promotional/ research/
feedback based exercise about the bank products/services and API based authentication where my details are being auto fetched/
populated to process my banking requests/applications on/through the bank web applications/systems.

Signature of 1st Applicant Signature of 2nd Applicant Signature of 3rd Applicant

Verification Of Signatures:
Authentication of signature by: £ Authorized official of Canara Bank
£ Notary Public
£ Indian Embassy or High Commission or Consulate

Above signature verified:

(Signature of person verifying with rubber stamp with seal & address)

Country/Place/State
Accepted & Countersigned at:_____________________________________________________________________
For Office Use:
1. We hereby confirm that customer account is fully KYC complied for the purpose of opening deposit account.
2. Permitted to open account:________________________________________________________________
3. Nomination accepted & Registered vide Regn. No: _____________________________________________

Supervisor Manager