51Ƶ

Authorization Letter For Receiving Money for India

Authorization Letter For Receiving Money Template for India

An Authorization Letter for Receiving Money is a formal document used in India that grants specific authority to a designated person or entity to collect or receive money on behalf of the authorizer. The document, governed by Indian contract law and financial regulations, serves as legal proof of authority and includes detailed information about both parties, the authorized amount, purpose, and duration of authorization. It requires proper execution with witnesses and, depending on the amount involved, may need notarization or stamp duty payment in accordance with Indian state-specific regulations.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Authorization Letter For Receiving Money

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Authorization Letter For Receiving Money?

The Authorization Letter For Receiving Money is a crucial document used in various situations where an individual or organization needs to delegate the authority to receive funds to another party. This document is particularly relevant in the Indian legal context, where it must comply with the Indian Contract Act, 1872, and various state-specific stamp duty requirements. It is commonly used when the original recipient cannot personally collect funds due to absence, illness, or business commitments. The letter typically includes the authorizer's and authorized person's details, specific amount to be collected, purpose, validity period, and any special conditions. It requires proper witnessing and may need notarization depending on the amount involved and the receiving institution's requirements. This type of authorization is widely used in both personal and business contexts, from simple bank transactions to complex corporate financial dealings.

What sections should be included in a Authorization Letter For Receiving Money?

1. Date and Place: Current date and place of execution of the authorization letter

2. Authorizer Details: Full name, address, and identification details of the person giving authorization

3. Authorized Person Details: Full name, address, and identification details of the person being authorized to receive money

4. Purpose Statement: Clear statement of authorization for receiving money

5. Financial Details: Specific amount, source, and form of money to be received

6. Duration of Authority: Validity period of the authorization

7. Signature Block: Space for signatures of authorizer, authorized person, and witnesses

What sections are optional to include in a Authorization Letter For Receiving Money?

1. Special Instructions: Any specific instructions regarding the collection or handling of money - include when there are particular requirements for receiving or handling the funds

2. Relationship Declaration: Statement explaining the relationship between authorizer and authorized person - include when required by financial institutions or for additional verification

3. Revocation Clause: Terms under which the authorization can be revoked - include for longer-term authorizations

4. Indemnification: Clause protecting the authorizer from misuse - include when dealing with substantial amounts or when required by financial institutions

What schedules should be included in a Authorization Letter For Receiving Money?

1. Identity Proof Attachments: Copies of government-issued ID proofs of both parties

2. Supporting Documents: Any relevant documents supporting the reason for authorization (e.g., medical certificates, travel documents)

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

India

Publisher

Genie AI

Document Type

Authorization Form

Cost

Free to use
Relevant legal definitions


















Clauses















Relevant Industries

Banking and Financial Services

Healthcare

Education

Real Estate

Legal Services

Insurance

Corporate Services

Retail

Government Services

Non-Profit Organizations

Relevant Teams

Legal

Finance

Administration

Compliance

Treasury

Operations

Corporate Secretarial

Human Resources

Risk Management

Relevant Roles

Financial Manager

Legal Counsel

Company Secretary

HR Manager

Administrative Officer

Compliance Officer

Treasury Manager

Account Executive

Operations Manager

Business Development Manager

Power of Attorney Holder

Corporate Representative

Finance Director

Legal Administrator

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Motorcycle Authorization Letter

An Indian legal document authorizing a designated person to operate or manage a motorcycle on behalf of its registered owner, in compliance with Indian motor vehicle laws.

find out more

Authorization Letter To Withdraw Money

A formal Indian banking document that authorizes a designated person to withdraw funds from another person's bank account, compliant with Indian banking regulations.

find out more

Simple Authorization Letter To Claim Money

An Indian-compliant formal letter authorizing a designated person to collect or withdraw money on behalf of another individual, governed by Indian banking and contract laws.

find out more

Authorization Letter To Bank To Collect ATM Card

A formal banking document used in India that authorizes a designated person to collect an ATM card from the bank on behalf of the account holder, subject to Indian banking regulations.

find out more

Photograph Release Form

An Indian law-compliant agreement authorizing the use of a subject's photographs while protecting both photographer and subject rights.

find out more

Parent Consent Form

An Indian-compliant legal document for obtaining parental authorization for activities, services, or treatment involving minors.

find out more

Authorization Letter For Money Claim

An Indian legal document authorizing a representative to pursue and collect a monetary claim on behalf of the claimant, governed by Indian contract law.

find out more

Authorization Letter To Collect Cheque Book

A formal Indian banking document authorizing a designated person to collect a cheque book from a bank branch on behalf of the account holder.

find out more

Authorization Letter To Claim Jewelry In Pawn Shop

A legal document under Indian jurisdiction that authorizes a designated person to collect pawned jewelry items from a pawn shop on behalf of the original pawner.

find out more

Authorization Letter For Receiving Parcel

An Indian law-compliant authorization letter enabling a designated person to collect a parcel on behalf of the intended recipient.

find out more

Authorization Letter To Use Credit Card

An Indian-compliant formal letter authorizing a designated individual to use another person's credit card, subject to specified terms and conditions.

find out more

Approval Permission Letter To Conduct Research

An official authorization document under Indian law granting permission to conduct specific research activities, subject to institutional and regulatory compliance requirements.

find out more

Authorization Agreement

An Indian law-compliant document that formally delegates specific powers from a Principal to an Agent, establishing the scope and terms of authorized activities.

find out more

Authorization Letter To Claim Cheque

A formal Indian legal document authorizing a designated person to collect a cheque on behalf of the cheque owner, compliant with Indian banking regulations and RBI guidelines.

find out more

Salary Deduction Form

An Indian legal document authorizing and recording both statutory and voluntary deductions from an employee's salary, compliant with Indian labor laws.

find out more

Parental Consent Letter For Visa Application

An Indian law-compliant parental authorization letter required for minor's international visa applications, containing travel permissions and guardian details.

find out more

Consent To Disclosure Of Information

An Indian law-compliant document that formalizes consent for information sharing between parties, ensuring legal protection and transparent disclosure practices.

find out more

Authorization Letter For Cheque

An Indian legal document authorizing a designated person to handle cheque-related transactions on behalf of an account holder, compliant with Indian banking laws.

find out more

Company Authorisation Letter

A formal document under Indian law delegating specific company powers or responsibilities to an authorized individual.

find out more

Authorisation Letter For Collection

An Indian jurisdiction document that formally authorizes a designated person or entity to collect specific items or documents on behalf of the authorizer.

find out more

Authorization Letter To Receive Documents

A formal Indian legal document authorizing a specified person or entity to collect documents on behalf of the authorizing party.

find out more

Authorization Letter To Collect Certificate On My Behalf

An Indian legal document authorizing a designated person to collect certificates or documents on behalf of another individual, governed by Indian contract law.

find out more

Authorization Letter To Purchase Medicine

A legal document under Indian law authorizing a designated person to purchase medicines on behalf of another individual, complying with Indian pharmaceutical regulations.

find out more

Authorization To Release A Medical Certificate

An Indian-compliant authorization document that permits healthcare providers to release a patient's medical certificate to designated recipients while maintaining medical privacy standards.

find out more

Authorization Letter To Collect Money On Behalf Of Me

An Indian law-compliant authorization letter that legally empowers a designated person to collect money on behalf of the authorizer.

find out more

Authorization Letter To Deposit Check To My Account

An Indian-compliant authorization letter that allows a designated person to deposit a check into the account holder's bank account.

find out more

Permission Authorization Letter

A formal document under Indian law that grants specific permissions or authority from one party to another, typically used for delegating specific rights or responsibilities.

find out more

Direct Debit Authorisation Form

An Indian regulatory-compliant form authorizing automatic recurring payments from a customer's bank account through the NACH system.

find out more

Collection Authorisation Form

An Indian legal document authorizing banks or financial institutions to collect specified payments from designated accounts, compliant with RBI guidelines and banking regulations.

find out more

Authorization Letter To Transfer Money To Another Account

A formal Indian banking document authorizing fund transfer between accounts, compliant with RBI guidelines and Indian banking regulations.

find out more

Authorization Letter To Collect Degree Certificate From University

An Indian legal document authorizing a designated person to collect a graduate's degree certificate from a university on their behalf.

find out more

Authorization Letter For Scholarship

An Indian legal document authorizing the handling of scholarship-related matters on behalf of a student, compliant with Indian contract law and educational regulations.

find out more

Authorization Letter For Receiving Money

A legally binding document under Indian law that authorizes a designated person to receive money on behalf of the authorizer.

find out more

Direct Credit Authorisation Form

An Indian banking document that authorizes automatic credit transfers into a designated account, compliant with RBI and NPCI guidelines.

find out more

Authorization Letter To Sell Property

An Indian legal document authorizing a representative to sell property on behalf of the owner, subject to Indian property and contract laws.

find out more

Authorization Letter For Withdrawal Of Savings

An Indian banking document that legally authorizes a designated person to withdraw funds from another's savings account, compliant with Indian banking regulations.

find out more

Authorization For Release Of Information Form

A legally compliant Indian authorization form for releasing personal or confidential information, structured according to Indian data protection laws and privacy regulations.

find out more

Letter For Giving Permission

A formal Indian legal document granting specific authorization or rights from one party to another, governed by Indian contract law.

find out more

Authorization Letter For Proof Of Address

An Indian legal document authorizing one person to use another's address as proof of residence, compliant with Indian Contract Act requirements.

find out more

Authorization Letter For Payment On Behalf

An Indian legal document authorizing a designated person or entity to make payments on behalf of another party, governed by Indian contract and banking laws.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it