Letter of Intent for Certificate of Deposit - DOC by forsythe

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									                       Letter of Intent for Certificate of Deposit

Draft Letter to admit Certificate of Deposit in NSDL (to be submitted on the Bank/FI
Letterhead)

Date: ______________________

The Managing Director
National Securities Depository Limited
4th Floor, Trade World
Kamala Mills Compound
Senapati Bapat Marg
Lower Parel
Mumbai - 400 013.

Sub: Admission of Certificate of Deposit

Dear Sir,

We are pleased to inform you that our ____(Name of Bank/FI) has decided to offer the
following Certificate of Deposit as eligible securitie(s) under the Depositories Act, 1996.
We confirm that these instruments will be governed by the terms and conditions indicated
in the tripartite agreement entered between _________, _________ and NSDL. The
details of the instrument are as follows:

Sr.     Description of the Security      Allotment date           Maturity date
No




We understand that for the purpose of redemption an account has to be opened by us with
a depository participant of NSDL. The same is being communicated to NSDL (in the
MCF) and also to the holder of the Certificate of Deposit.

Please find enclosed the duly filled Master Creation Form. We request you to take
necessary steps to induct our security into your depository system and allocate ISIN for
the same.

Yours faithfully,


Signature
Name & Designation of the Authorised Signatory
MASTER FILE CREATION FORM FOR CERTIFICATE OF DEPOSIT

(Kindly ensure that all columns are properly filled. Write “N.A.” wherever not
applicable).

Full name of the Issuer:




Whether company has already signed agreement with NSDL for any other instrument?

       YES/NO (Tick the relevant option)

(Information sought in section A to be provided for the first issue of certificate of deposit
of the company through NSDL. For the subsequent issues, if there is no change in the
information sought in section A, please proceed directly to section B)

                                        Section A
Address of the Regd. Office including telephone, fax nos. and email addresses:




Type of Issuer:

 Legal Form                          Tick () the relevant code
 Bank
 Financial Institution

Contact persons of the Issuer:

 Compliance Officer
 Designation & Department
 Address:



 Tel. & Fax nos.:                     Tel:                          Fax:
 Email address:
Address of the registry operations where the physical securities                    for
dematerialisation are to be delivered by the Depository Participants (DPs) :

 Name of Organisation
 Name of contact person
 Designation & Department
 Address:


 Tel. Nos.:
 Fax Nos.:
 Email addresses:


                                    Section B

Security Details:

Description of the   Issue Date     Redemption Date    Tenure of the security (in
Security                                               days)




Credit Rating for the Issue (if any) : _______
Credit Rating Agency                 : _______________________________


Redemption Account Details:

 DP ID
 DP Name
 CD Redemption Account No.

Place from where Redemption Proceeds to be Issued :

 Name of Organisation
 Name of contact person
 Designation & Department
 Address:


 Tel. Nos.:
 Fax Nos.:
 Email addresses:
  Connectivity details (Tick () the relevant boxes below):

    Connectivity obtained through               Registrar        In-house
    Name of Registrar (if not In-house)
    Service obtained (if not in-house)
         Only Electronic connectivity:
         Complete share registry:


  Stock Exchange details (Please start with the Primary Stock Exchange):

    Name of Stock Exchange        Listed ()   Permitted to       Stock Exchange Security
                                                 trade ()              code (if any)



  We hereby certify that:

   1) All policy guidelines of Reserve Bank of India and, procedural and operational
      guidelines of Fixed Income Money Market and Derivatives Association of India
      (FIMMDA) for the issue of Certificate of Deposit have been complied with.

   2) We understand that Certificate of Deposit(s) having the same maturity date will be
      allotted a single ISIN irrespective of the date of allotment.

   3) The information provided above is correct to the best of our knowledge and
      belief.



                                                            Signature:
Date:
                                                            Name:

Stamp of the Issuer:                                          Designation:

								
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