The Authorization Letter To Claim Money is a crucial document in Indian legal and financial contexts, commonly used when an individual cannot personally collect funds and needs to delegate this authority to someone else. This document is essential in various situations, such as when a person is abroad, physically unable to visit a bank, or wishes to authorize a family member or representative to handle financial matters. The letter must comply with Indian legislation, particularly the Indian Contract Act, 1872, and the Powers of Attorney Act, 1882. It should clearly specify the scope of authority, amount to be claimed, and duration of the authorization. The document's format and requirements may vary depending on the institution (bank, insurance company, government office) from which the money is to be claimed, but it must always meet the basic legal requirements for validity under Indian law.
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.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Date and Place: Current date and place of execution of the 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 claim money
4. Source of Money Details: Details of where the money is to be claimed from (bank name, account number, or other relevant source information)
5. Purpose and Scope: Clear statement of the authorization being granted and the specific amount to be claimed
6. Duration of Authority: Validity period of the authorization
7. Authorizer's Declaration: Statement confirming the voluntary nature of authorization and acceptance of actions taken by authorized person
8. Signature Block: Space for signatures of authorizer, authorized person, and witnesses
1. Special Instructions: Any specific instructions or conditions for claiming the money, used when there are particular requirements or restrictions
2. Multiple Authorized Persons: Additional section when more than one person is being authorized, specifying if they can act jointly or severally
3. Revocation Clause: Specific conditions under which the authorization can be revoked, included when the authority isn't meant to be irrevocable
4. Indemnity Clause: Protection clause for the authorizer against misuse of authority, included in high-value transactions
5. Language Declaration: Statement confirming that the contents have been explained in a language understood by all parties, used when parties speak different languages
1. Identity Proof Documents: List of identity documents attached for both authorizer and authorized person
2. Supporting Documents: List of relevant documents proving claim to money (fixed deposit receipts, account statements, etc.)
3. Specific Instructions: Detailed procedure or steps to be followed for claiming the money, if complex
4. Witness Details: Complete details and identification proof of witnesses
Relevant legal definitions
Authorizer
Authorized Person
Authorized Amount
Claim Period
Source Institution
Authorization
Witness
Valid Identification
Banking Hours
Designated Branch
Principal Sum
Interest Amount
Due Date
Force Majeure
Applicable Law
Jurisdiction
Business Day
Mode of Payment
Supporting Documents
Specimen Signature
Authorized Person
Authorized Amount
Claim Period
Source Institution
Authorization
Witness
Valid Identification
Banking Hours
Designated Branch
Principal Sum
Interest Amount
Due Date
Force Majeure
Applicable Law
Jurisdiction
Business Day
Mode of Payment
Supporting Documents
Specimen Signature
Clauses
Relevant Industries
Banking & Financial Services
Legal Services
Insurance
Real Estate
Corporate Services
Education
Healthcare
Government & Public Sector
Retail
Professional Services
Relevant Teams
Legal
Finance
Administration
Compliance
Corporate Secretarial
Human Resources
Treasury
Risk Management
Operations
Relevant Roles
Legal Counsel
Bank Manager
Financial Administrator
Compliance Officer
Company Secretary
Administrative Manager
Human Resources Manager
Finance Manager
Legal Administrator
Corporate Lawyer
Notary Public
Insurance Claims Manager
Property Manager
Estate Administrator
Treasury Manager
Find the exact document you need
Letter Of Support For Funding
A formal document under Indian law expressing commitment to provide financial support, detailing funding terms, conditions, and obligations between supporting and recipient parties.
find out more
Leave Letter For Eye Check Up
A formal request document used in Indian workplaces for obtaining leave to attend an eye examination or consultation.
find out more
Authorization Letter To Claim Money
An Indian legal document authorizing a designated person to claim money on behalf of another individual, governed by Indian contract law.
find out more
Thank You Letter For Financial Support
An Indian law-compliant formal letter acknowledging receipt of financial support or donations, serving as both an expression of gratitude and official documentation for tax and record-keeping purposes.
find out more
Request Letter To Principal For Exam
A formal letter used in Indian schools to request examination-related arrangements from the principal, following institutional and educational board protocols.
find out more
Request Letter For Replacement Of Damaged Equipment
A formal letter used in Indian jurisdiction to request equipment replacement from suppliers or manufacturers, detailing equipment issues and warranty claims.
find out more
Letter Of Commendation For Good Service
A formal Indian employment document that officially recognizes and documents an employee's exceptional performance and achievements within an organization.
find out more
Letter Asking For Financial Assistance From A Friend
A formal written request for monetary assistance from a friend under Indian jurisdiction, incorporating essential elements of loan request and repayment terms.
find out more
Cover Letter For Scholarship Application
A formal letter used in India to apply for academic scholarships, presenting applicant qualifications and following Indian educational regulations.
find out more
Application For Salary Certificate
A formal request document under Indian jurisdiction for obtaining an official certification of employment status and salary details from an employer.
find out more
Joining Letter After Medical Leave
An official document under Indian law confirming an employee's return to work after medical leave, specifying return terms and conditions.
find out more
Application For Experience Certificate
A formal request letter used in India to obtain official documentation of employment history and job responsibilities from current or former employers.
find out more
Transfer Letter To Employee From One Location To Another
A formal letter under Indian law documenting an employee's transfer between company locations, including transfer terms and conditions.
find out more
Letter Asking For Financial Support
A formal written request for financial support under Indian jurisdiction, used to seek funding or donations while complying with local legal requirements.
find out more
Document Submission Letter
A formal letter used in Indian jurisdiction for officially submitting documents to receiving parties, serving as proof of submission and document tracking.
find out more
Application For Recommendation Letter
A formal Indian business document requesting a professional recommendation letter, following standard Indian business communication practices.
find out more
Letter Of Commendation
A formal document under Indian jurisdiction that officially recognizes and commends an individual's exceptional achievements or contributions in their professional or academic capacity.
find out more
Cash Advance Letter
An Indian-law governed document establishing terms and conditions for a monetary advance between parties, including amount, repayment terms, and obligations.
find out more
Contract Renewal Letter
A formal document used in India to extend an existing contract's duration, governed by Indian contract law, specifying renewal terms and conditions.
find out more
Guarantor Letter
An Indian law-compliant document where a guarantor legally commits to fulfill another party's obligations to a creditor if the primary debtor defaults.
find out more
Vacation Leave Letter For Personal Reason
A formal letter used in Indian workplaces to request personal time off, complying with Indian labor laws and company policies.
find out more
Request Letter For Payment Release
A formal business letter used in Indian jurisdiction to request the release of pending payments, referencing relevant contracts and invoices while complying with Indian payment laws.
find out more
Maternity Leave Application Letter
A formal request letter for maternity leave under Indian law, complying with the Maternity Benefit Act and requesting the statutory 26-week leave period.
find out more
Loan Rejection Letter
A formal document used in Indian banking to communicate loan application rejection to applicants, compliant with RBI regulations and banking laws.
find out more
Letter Request For Transfer
A formal letter used in Indian organizations to request an employee transfer between locations, departments, or branches, following Indian labor laws and company policies.
find out more
Letter Of Assistance
A formal Indian legal document establishing terms and conditions for providing specific assistance or support between parties.
find out more
Letter For Financial Support
An Indian law-governed formal document establishing a legally binding commitment to provide financial support, detailing the terms, conditions, and extent of financial assistance.
find out more
Leave Approval Mail To Manager
A formal email communication used in Indian organizations to request and obtain management approval for planned leave, including essential details about leave duration, type, and work handover arrangements.
find out more
Emergency Loan Request Letter
A formal letter used in India to request urgent financial assistance from a bank or financial institution, following Indian banking regulations and RBI guidelines.
find out more
Emergency Leave Letter For Mother Sick
An official leave request letter under Indian jurisdiction for employees needing immediate time off due to their mother's illness.
find out more
Authorization Letter To Receive Money
An Indian legal document authorizing a designated person or entity to receive funds on behalf of another party, governed by Indian contract law and banking regulations.
find out more
Authorization Letter To Collect Cheque
An Indian legal document authorizing a designated person to collect a cheque on behalf of the authorizer, compliant with Indian banking regulations and the Negotiable Instruments Act.
find out more
Authorization Letter On My Behalf
An Indian law-compliant formal document that delegates specific authority to another person or entity to act on behalf of the authorizer.
find out more
Bank Account Opening Request Letter
A formal request letter for opening a bank account in India, complying with RBI regulations and KYC norms.
find out more
Loan Request Letter To Company
A formal written application under Indian law requesting financial assistance from a company, detailing loan requirements and repayment terms.
find out more
Authorization Letter To Claim ATM Card
A formal banking document under Indian jurisdiction that authorizes a designated person to collect an ATM card on behalf of the account holder.
find out more
Thank You Letter To Customer For Their Support
A formal business communication document used in India to express gratitude to customers for their support, following Indian business standards and consumer protection regulations.
find out more
Letter Requesting Support For Project
A formal letter used in Indian business context to request project support, combining professional communication standards with project management elements.
find out more
Cover Letter For Management Trainee
A formal business document used in India to introduce a candidate's application for a management trainee position, highlighting qualifications and motivation while following Indian business communication standards.
find out more
Bank Loan Application Letter
A formal loan request document submitted to Indian banks, complying with RBI guidelines and banking regulations, outlining the applicant's loan requirements and financial details.
find out more
Genie’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; Genie’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
.png)
.png)