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INDEMNITY BOND In respect of Lost or Misplaced Fixed Deposit Receipt exceeding twelve month period. The Citizens Cooperative Bank Ltd., ., Jammu Whereas the Citizens Cooperative Bank Ltd. Jammu B/O.

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Meaning of indemnity bond in English a legal agreement in which a financial organization promises to make a payment to an organization that has lent money if they do not get the loan back: Lenders reduce their risk by using indemnity bonds for mortgages over 70-80 % of the value of the property.

FDR or a Fixed Deposit Receipt is a document that is given by the bank or the company to the depositor on booking a fixed deposit. Just like a shopkeeper gives a bill (invoice) on buying something from the shop, FDR is also like a bill in which all the important details about the fixed deposit made are mentioned.

After depositing the amount customer will be issued a printed certificate ( FDR ) with full particulars filled in such as CIF Number, Date of deposit, Deposit Account Number, Name of depositor/s, amount of deposit, Period, Due date of deposit, Interest Rate etc.

Indemnity bonds may be necessary in situations where there's an agreement between two parties to exchange goods or services for money. They may be required for certain types of businesses, depending on state and local laws.

An indemnity bond for a lost fixed deposit receipt is a legal document that serves as a guarantee for the bankin case the original fixed deposit receipt is lost. It typically includes details about the depositor, deposit amount and maturity date.

An indemnity bond is a type of insurance policy. It ensures that you—not the bank—will be liable for any losses if the lost check is found and presented for payment. Otherwise, the bank could be liable for both checks.

In case of losing an FD receipt, you can apply for a duplicate receipt. The bank usually asks for a written application with all the details about the fixed deposit. Also, some banks ask for certain documents to process the duplicate issue of the fixed deposit receipt. The process might vary from bank to bank.

Indemnity bonds are one of the main types of surety bonds. They guarantee that anyone who suffers financial losses as the result of illegal actions by the principal will be reimbursed.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232