This declaration is to be obtained from the customer availing of a discounted MDR on the POS

machine

Date:

To
The Branch Head
Crawford Market Branch.

Dear Sir / Madam,

I / We, ___________________________________________________ (name of the entry) and

having office at ________________________________________________________________
_______________________________________________________________________.

I / We hereby confirm that I / We have been enrolled under this special scheme offered by Axis
Bank the details of which are as under :

Current Account # 294010200004831

Scheme Code : CABCA

Committed minimum monthly / quarterly average balance in Current Account Rs. 6,00,000/-
Committed minimum monthly volume on POS Machine / Payment Gateway Rs. 9,50,000/-
Discounted MDR Rate 1.20 for Non Premium
1.80 for Premium

I / We further confirm that if the aforementioned month / quarterly average balance or

committed monthly volume is not maintained, the bank shall have full right to increase the MDR
rate with immediate effect from the date the above conditions are not met, without any further
notice.
For, RAJWADI

Signatures
________________________ [Name of the Customer(s)]