Yes Bank Limited

(YBL)

Notes:

(When power of attorney is executed in India by Resident/Non Resident Indian)

1. The attorney should be preferably a resident of the city/town from where

the loan is to be handled.

2. The Power of Attorney is to be executed on a non judicial stamp paper of

appropriate value as applicable in the state, with one extra copy on a plain
paper.

3. Each page of the Power of Attorney and wherever the blanks are filled in
should be initialed by the executants. (including schedule 1)

4. Signature of the executants and the Attorney should be attested by a judicial

magistrate or a Notary Public.

(When power of attorney is executed outside India by Non Resident Indian)

1. The attorney should be preferably a resident on the city/town from where

the loan is to be handled.

2. The Power of Attorney is to be first typed on a plain paper

3. Each page of the Power of Attorney and wherever the blanks are filled in
should be initialed by the executants.

4. The signature of the executants should be attested by any authorized

official of the Indian Embassy/ Indian Consulate/ Trade Commissioner of India
in the country where the executant resides.

5. The attorney’s signature should be verified in India, by his employer or his banker
on a separate piece of paper which should be submitted to YBL together with
the Power of Attorney.

6. Such POA within 3 months of its receipt in India, has to be adjudicated and
stamped with applicable stamp duty and has to be signed by the POA holder
as acceptance.
 POWER OF ATTORNEY

TO ALL TO WHOM THESE PRESENTS SHALL COME I, THE UNDERSIGNED, Mr./ Ms.
______________________________ an individual of Indian Inhabitant residing at
___________________________ SEND GREETING :

WHEREAS, I intend to buy a property/book a flat at _______________, details of which are

more particularly given in Schedule I herein below (hereinafter referred to as “the said
property”)and also avail a loan for the purchase of the said property/development of
the said property or for ___________________loan against the security of the said
property/Flat.

WHEREAS, YES Bank Ltd., a banking company within the meaning of section 5 (c) of the
Banking Regulation Act, 1949 incorporated under the provisions of the Companies Act,
1956, having its registered office at Nehru Centre 9th Floor, Discovery of India, Dr. Annie
Besant Road, Worli, Mumbai – 400 018 ((hereinafter referred to as ‘YBL’, which expression
shall, unless repugnant to the context in which it is used, include its successors and
administrators) has sanctioned / agreed to sanction a _____________loan to me to the
extent of Rs___________________ (Rupees _______________________
_________________________________ only/-) vide Facility Letter No ________________ Dated
_______(hereinafter referred to as the “facility”).

Whereas one of the terms for sanction of the said facility is to create a mortgage on the
said property so as to secure the due repayment of the above facility.

WHEREAS I am an NRI and is staying at _______________-and therefore is not in a position

to be present in India to execute the sale deed and to complete the registration
formalities for the same and also to complete the formalities for availing the loan
including creating of security in favour of YBL as per the terms of the facility.
 It has therefore become necessary to appoint a fit and proper person to act as an
attorney to act on my/our behalf to do all necessary acts and things in connection with
the aforesaid.

NOW KNOW ALL MEN BY THESE PRESENTS that I/We, the said (1) ____________
______________ (2) _____________________________ do hereby nominate and constitute
and appoint Shri/ Smt/Ms ____________________________________, Age __________ yrs,
Occupation: ____________________, R/o. ________________
____________________________________, whose photograph is pasted below as my/ our
true and lawful attorney for me/ us in the name and on behalf of myself/ ourselves for the
purposes hereinafter expressed i.e., to say, to do, exercise, execute and perform all or
any of the following acts, deeds and things in connection with the above in my/our name
and for and on my/ our as hereinafter provided.

i) To book the said property on my behalf either directly or through the agency of
YBL and to execute Agreement/s for sale for the same with the builder/seller and
make payments to him therefore and to present such agreements for registration
before the appropriate registrar/sub registrar of assurance or any other authority
at any place or places in India as may be necessary. He/She is further authorised
to make payments directly to YBL on my behalf for any flat/s/unit/s my said
Attorney might book through YBL and comply with such conditions/terms YBL may
have in this behalf. He/She is authorised to make such payments to YBL as may be
demanded by YBL by way of service charge etc. He/She is authorized to execute
any agreement/s, letters and documents as may be required by YBL in respect
of the above. The expression ‘builder/seller’ shall include YBL and its subsidiaries.

ii) To admit execution of the agreement/s for sale/sale deed before the Registrar/sub
registrar of assurance or any other authority as may be required for the purpose.

iii) To take/obtain possession of the flat/s/unit/s as and when the same is ready for
occupation.

iv) To appear before the Registrar and present this Power of Attorney for registration
for and on my behalf and to do all other things/deeds as required for carrying out
the purpose of this Power of Attorney.
v) To apply for a loan/s to the extent of Rs___________________ (Rupees
_______________________ _________________________________ only/-) under the
various schemes of YBL as also any further or additional loans/s from YBL for such
amount as the Attorney may deem fit and for that purpose to pay the processing
fee/s and sign the loan application/s in my name and on my behalf and to
furnish all the details and information required by YBL and to give any statement,
letter, clarification or any other writing required or necessary for availing of the
said loan/s from YBL from time to time to follow up the said loan application/s
and do such other things and deeds as may be necessary in relation thereto.

vi) To accept the loan offer letter/s and sign the acceptance/s thereof in token
of my acceptance of the terms and conditions therein contained and to pay on
my behalf the administrative fees and any other charges including commitment
charge leviable in respect of the said loan/s.

vii) To request YBL or agree with YBL for any change or modification in the loan
amount/s, rates/s of interest, period of repayment of loans/s or any other terms and
conditions in relation to the loan/s at anytime or from time to time.

viii) To receive the disbursement of the said loan/s and for that purpose give
effectual discharge and give all the necessary information and documents to assist
the Technical and Legal appraisal of the property/ies purchased/to be purchased
with the help of the loan/s.

ix) To mortgage the said property or any other property/ies he/she may
book/purchase on my behalf or which I might have booked/purchased (whether
with or without YBLs’ financial assistance) with YBL by deposit of Title Deeds as
security for the repayment of the loan/s granted/to be granted by YBL to me.

x) To deposit on my behalf the documents of title of the said property and to state
on my behalf to any Officer of YBL that the said documents are being deposited
for creating a security on the said property/ies by way of equitable mortgage
of repayment of the said loan/s. The Attorney is fully authorised to make these
statements and convey my intentions to create security on my said property/ies
or any other property/ies he/she may book/buy on my behalf.

xi) He/She is further authorised to make any other statements necessary to create
equitable mortgage by deposit of title deeds and also to execute any writings,
undertakings, indemnities, etc. on my behalf in respect of mortgage of the said
property/ies or the guaranteeing of the repayment of the said loan/s any
 other writings whatsoever required in respect of the said transactions of the loan/s
granted/ to be granted to me or creation of the said security.

xii) He/She is also authorised to execute any loan agreement/s, promissory notes,
letter/s of declaration and indemnity or such other documents as may be required
by YBL in respect of said loan/s.

xiii) He/She is also authorized in favour of YBL an irrevocable Power of Attorney

authorising YBL to execute in its own favour or in favour of any other person, as YBL
in its sole discretion may decide, legal mortgage in any form including in the
English form of the property/ies.

xiv) He/She is also authorised to pledge with YBL any share certificates, debentures,
bonds, units issued by Unit Trust of India, National Savings Certificates, Fixed Deposits
or any other security owned by me on favour of YBL by way of security for the said
loan/s and to sign any documents, transfer forms or papers that may be
required by YBL in connection therewith.

xv) To acknowledge my liability/debt in respect of the loan/s.

xvi) To receive loan/s and all other documents including title documents on my behalf
from YBL and execute receipt/s therefore.

xvii) To sign forms, documents and papers required for the purpose of registration of
Co- operative Housing Society or a Limited Company or an Association of
Apartment Owners and become member thereof participating in all the meetings
and proceedings from time to time, obtain share certificates and/or other
documents issued in my name and hold the same as my attorney and obtain
possession of the flat/s.

xviii) To open and/or operate Bank Account in any bank in India in my name both
resident as well as non-resident. The account may be operated in Indian
currency or foreign currency to be remitted by me from time to time.

xix) He/She is authorised to do all such acts, deeds and things including signing
any papers/documents as are necessary and incidental to the above as fully
and effectually to all intents and purposes as I could do in my own name if these
presents had not been made.

And I, ________________________ do hereby undertake to ratify and confirm everything

which my said Attorney shall do or purport to do in virtue of these presents
Dated this the_______day of ________________ 20__ .

Specimen signature of Attorney Signature

Photograph of the

Attorney

Address:

Schedule 1

[Details of Property]
(Signature of the Executor)