Get Third Party Payment Declaration Form

Filling out the Third Party Payment Declaration Form online is essential for ensuring the proper processing of payments made on behalf of another individual. This guide provides detailed, step-by-step instructions to help users complete the form accurately and efficiently.

Follow the steps to complete the online form effectively.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering the beneficial investor's details, which include the folio number, application form number, and the beneficial investor's name (first/sole investor/minor). Ensure that this information is accurate as it links the payment to the correct investment.
3. Provide the third party's information by entering their name, PAN details, and ensure KYC documents are attached since this is mandatory for any amount. This establishes the identity of the person making the payment.
4. Fill in the contact details of the third party making the payment, including mobile number, telephone number, and email address. This information is critical for future communications.
5. Select the beneficial investor's status by ticking one of the applicable boxes, and clarify the relationship with the investor to ensure regulatory compliance.
6. In the payment details section, state the investment amount in Indian Rupees and select the payment mode from the available options such as cheque, demand draft, or funds transfer. Provide additional details like cheque/DD/UTR number and the bank account number used for the payment.
7. Review the mandatory documents section based on your chosen payment mode. Ensure that you are ready to provide documentation, such as a copy of the cheque or an issuing banker certificate if required.
8. In the declarations section, affirm that you have read and understood the third party payment rules and guidelines. Enter the date and signature for the third party making the payment, as well as the beneficial owner or their guardian.
9. Finally, save changes, review your inputs for accuracy, and download or print the completed form. You may also share the form as needed.

Complete your Third Party Payment Declaration Form online now to ensure smooth processing of your investment.