Bearer Letter - L435

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L-435

To, Date-
_______________________,
ARYAVART BANK,
____________________ Branch

Sir,

I/We refer to my/our joint and several promissory note/Term Loan agreement Rs. ……………………
Rupees …………………………………………………………….. dated …………………………………
I/we hereby authorise you to please
 Credit my/our saving Bank Account No. ________________________________
 Pay on my/our behalf the amount to the bearer.
 I/we hereby authorise you to please pay credit, on my/our behalf, out of aforesaid Loan amount,
to the person(s)/firm(s)as mentioned in the Schedule – ‘A’ hereunder written or to such other
person(s) or firm(s) as may requested by me/us to you from time to time.

Schedule – ‘A’
Name of Person/Firm Amount to be paid
1. ___________________ ______________________
2. ___________________ ______________________
3. ___________________ ______________________

Yours Faithfully,

(________________________)
(________________________)
(________________________)
 Delete whichever is not applicable.

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