(In the Letter Head of the Audit Firm) APPLICATION FOR ASSIGNMENT OF CONCURRENT AUDIT IN IOB FOR THE PERIOD 01.07.2018 to 30.06.2019 Name of the Audit Firm Category UCN Address 1 City ICAI Regn No Mobile No Contact Person Email ID Additional Email ID Constitution Estd Branches at year No of Partners No of partner No of Partners having having DISA having CISA Treasury & Investment Qualification Qualification Certificates SELECTION OF BRANCH Option Branch Code Branch Name Distance from Auditors Office (in KM) 1 2 3 Concurrent Audit Assignment – Our Bank Year Br Code Year Br Code Year Br Code Year Br Code 2017-18 2016-17 2015-16 2014-15 All terms and conditions for Concurrent Audit assignment have been read, understood and acceptable to me/us DECLARATION I/We confirm that the information/details furnished above is/are true and correct. In case any detail furnished is found incorrect later on, the Bank has right to terminate the assignment, without giving any prior notice, in addition to taking up with ICAI for action as deemed fit. Signature of the Partner: Name of the Partner: Firm Seal Place: Date: GUIDANCE FOR SUBMISSION OF APPLICATIONS 1. The application downloaded from the website should be filled in and duly signed by Authorized Signatory and should be emailed to [email protected] in pdf format on or before 06.07.2018. 2. The audit firm is to select only 3 branches, nearer to their office/branch office and the distance is to be mentioned for the selected branch. Applications without distance will not be accepted. 3. UCN No. allotted by RBI should be mentioned in the application without fail. 4. There are five branches in the list specifically for Category 1 Audit firms and for remaining branches all category Audit Firms can apply. 5. All the applications received up to 5.00 p.m. will be acknowledged on the same day through email. If acknowledgement is not received before 6.00 p.m. please call 044-28519563. INDIAN OVERSEAS BANK INSPECTION DEPARTMENT CENTRAL OFFICE TERMS & CONDITIONS The following basic criteria will be adhered to in selection of audit firms for conducting concurrent audit. - The firm should be selected from RBI panel of auditors; - The Audit firm should possess a minimum of 5 years experience in Bank audit; However, preference shall be given to a. Partnership firms with 2 partners having FCA qualification. b. Minimum one partner having the qualification of Information System Auditor (CISA / DISA) c. Atleast one partner should have completed certificate course on concurrent audit in banks conducted by Institute of Chararted Accountants of India (ICAI). d. Atleast one partner should have completed ‘Certificate Course on Forex and Treasury Management’ conducted by ICAI for Authorised Dealers Branch. e. The firm having exposure in conducting concurrent audit of the Bank branches for a few public sector/major private sector banks. - The Concurrent Audit in credit concentrated branches having advances of Rs. 200 crores and above, the concurrent firm shall be in category I with minimum of 5 years experience. - The firm or its proprietor/partners have not been the subject of inquiries in the past by the Institute of Chartered Accountants of India as per the provisions of Section 21 of the Chartered Accountants Act, 1949, and no such inquiry is pending, initiated, or contemplated by the Institute as on the date of application as well as date of acceptance of assignment; - Where there are group of firms of Chartered Accountants having common partners, only one of the firms in the group will be eligible for assignment of Concurrent Audit; The firm would normally be allotted Concurrent Audit of only one branch of the Bank; - Besides Chartered Accountants, the firm should have other qualified and experienced staff, infrastructure and office within an approachable distance from the location of the auditee branch / office to undertake Concurrent Audit; - The firm which conducts Statutory Audit of Indian Overseas Bank shall not be considered for appointment as Concurrent Auditor by the Bank during that year and the next year; - The firm which has a partner / proprietor who is also a partner / proprietor of the firm entrusted with the Statutory Audit of Indian Overseas Bank shall not be considered for appointment as Concurrent Auditors in Indian Overseas Bank. In other words, sister/ associate concerns of the firm carrying out Statutory Audit of Indian Overseas Bank shall not to be considered for appointment as Concurrent Auditors; - If any of the Directors of Indian Overseas Bank is a partner / proprietor in a firm, such firm shall not be considered for appointment as Concurrent Auditor; - The assignment of concurrent audit given by us should not be given to anybody on subcontract basis - The firm should have necessary office set up within the same city or periphery of allotted branch/office and adequate personnel to ensure proper deployment and timely completion of assignments. - Partner/Proprietor should visit the branch twice in a week and also participate in discussion with Branch Manager on deficiencies found during that week. - Mere submission of application for Concurrent Audit & fulfilling the criteria thereof does not, in any way, constitute guarantee for assigning any type of audit of the Bank. - All the applications submitted and received in physical form prior to this process of inviting online applications stand cancelled. - If firm or partners are availing any credit facility/ies from any branch of Indian Overseas Bank or have guaranteed any credit facility, please furnish the following information in a letter addressed to General Manager (Inspection) and dispatch by Speed Post. Name of the Partner Name of Bank’s branch Nature of dealings / facilities Banking since with A/c. No - The monthly fees payable shall be evaluated on the business figures of the branches as on 31.03.2018. Tax, GST shall be paid separately. TDS shall be deducted as per rules. TDS will be deducted as per rules. Date of Opening of accepting Application 27.06.2018 Last date for submission 06.07.2018 Br. Code BRANCH 12 BANGALORE-CANTONMENT 26 GOVERNORPET, VIJAYAWADA 57 MAYILADUTHURAI 62 NAGAPATTINAM 93 CANTONMENT, TRICHY 100 TUTICORIN 105 BARODA ( Metha Pole ) 112 SURAT 139 PANJIM-GOA 142 WASHERMANPET 153 PUNE CITY 169 BHAVNAGAR 192 FARIDABAD 193 RAJOURI GARDEN, N. DELHI 207 LUCKNOW 255 SIRUGAMBUR 260 CHUNAMPET 298 GANDHIDAM 302 NAGPUR 305 MUTHIALPET, CHENNAI 307 SAIDAPET 365 PATHANAMTHITTA 414 R. B. S. COLLEGE, AGRA 416 NAVASARI 418 THIRUVANMIYUR 429 DEHRADUN 441 WEST C.I.T NAGAR, CHENNAI 447 SOLA 448 MORVI 452 GORAKHPUR 464 KOTHAGUDEM 487 CHEDDA NAGAR, MUMBAI 541 SHILLONG 546 VILLIVAKKAM 585 INTERNATIONAL BUSINESS, KOLKATA 595 PHULPUR 647 MALDA 649 CHANDER NAGAR 732 IMPHAL 754 MARUNGAPURI 767 ERAGUDI 833 MALLIPATTINAM 913 BOMBAY - VILE PARLE EAST 919 SAFDARJUNG ENCLAVE, N. DELHI 926 NADIAD 1004 KOLLUPALAYAM 1033 MARREDPALLY, SECUNDERABAD 1063 SAHARANPUR-CHAKORTA ROAD 1165 IDAYAMELUR 1205 RAJIV CIRCLE 1245 ISKCON, MUMBAI 1285 KOTHAGIRI 1294 PERAMBALUR 1364 NORTH MAIN STREET, THANJAVUR 1482 CHENNAI - ULLAGARAM 1512 SHASTRI NAGAR 1519 SAIFABAD 1545 RANJIT AVENUE 1586 OKHLA INDUSTRIAL AREA, PHASE I 1631 SADARPUR 1681 VIVEKANANDA HOUSE 1688 STELLA MARIS COLLEGE,CHENNAI 1690 DWARKA , N. DELHI 1694 NIGDI 1811 CGO COMPLEX 1985 TILAK ROAD-PUNE 1992 DAHANUKAR COLONY-PUNE 1998 SPECIALISED ARM BRANCH - MUMBAI 2071 KAILASH COLONY, NEW DELHI 2374 PUNNAMCHATRAM 2575 SPECIALISED ARM BRANCH - CHANDIGARH 2581 SPECIALISED ARM BRANCH - AHMEDABAD 2582 SPECIALISED ARM BRANCH - HYDERABAD 2942 RAMAVARAPADU ADDRESS Door No 6/1. Ground Floor, Infcantry Road, Bangalore 560 001. Karnataka H.NO.29-4-54K, CSI TA BISHOP ANANDARAO SAMUEL SHOPPING COMPLEX RAMACHANDRA RAO ROAD GOVERNORPET, VIJAYAWADA 520002 82,PATHAMANGALAM ST,MAYURAM(MAYILADUTHURAI),609001 T.S.1817,NEELA SOUTH STREET,BAG NO.14,NAGAPATTINAM-611001 215,MADURAI ROAD,TRICHY CANTT,TIRUCHIRAPALLI 620001 21,VICTORIA RD,TUTICORIN,628001 BANK ROAD,MEHTA POLE,P.B.NO.502,BARODA-390006 1007, Upper Floor, 21st Century Bussiness Centre, Ring Road, Surat 395002. DR.P.PISSURLEKHAR RD,BAG 4,PANAJI (PANJIM)-403001 530,TIRUVOTTIYUR H.RD,P.B.903,WASHERMENPET,CHENNAI,600021 272, Shaniwarpeth, Opp: Omkareshar Temple, PUNE,411030, Maharashtra. F-15, TURNING POINT,IST FLR. WALIHAVADI RD.BHAVNAGAR,364002 IC/51 MAIN MKT.SECTOR 1,N.INDL.TOWNSHIP,P.B.5,FARIDABAD-121001 F100, Bali Nagar, New Delhi 110 015. AVANBAI MANSIONS,3,VIDHAN SABHA MARG,P.B.NO.10,LUCKNOW-1 44C-BAZAAR STREET,P.B.NO.1,SIRUGAMBUR-621213 ZAMIN STREET,P.B.NO.1,CHUNAMPET-603401 PLOT 91&100,SHREE G.C.H.S.LTD SECTOR-4,GANDHIDHAM,370201 PLOT NO 124 MAHARAJ BAGH ROAD RAMDASPETH RAMDASPETH , NAGPUR 440010 230 THAMBU CHETTY ST.,MUTHIALPET,600001 84 KARANEESWARAR K.ST.,SAIDAPET WEST,P.B.NO.801,CHENNAI-15 INDU INTERNATIONAL BLDGS,COLLEGE RD,PATHANAMTHITTA,689645 RAJA BALWANT SINGH COLLEGE CAMPUS,AGRA-282002 MANI BHUWAN,GR.FL,M.G.RD,NAVSARI,P.O.P.B.NO.50,396445 124,LATTICE BRIDGE ROAD,THIRUVANMIYUR,CHENNAI-600041 32,Tagore Villa, CHAKRATA RD,P.B.NO.94,DEHRA DUN-248001 57 II FLOOR,I MAIN ROAD,WEST CIT NAGAR,CHENNAI,600035 13,SARVANANDA CO-OP.STY,SOLA,TEH.DASKROI,382481 9/2/43,SARDAR ROAD,MORVI-363641 VIJAYA CHOWK,GORAKHPUR-273001 5-8-121 TO 124,MAHATMA GANDHI RD,KOTHAGUDEM,507101 SRI SUBRAMANYA SAMAJ TEMPLE,CHEDDA NGR,MUMBAI,400089 MORELLO BLDG,EUROPEAN WARD,POST BOX 30,SHILLONG-793001 No.18, Perumal Koil, North Mada Street, Villivakkam, Chennai 600049. 2,WOOD ST,P.B.9069,INTERNATIONAL BUSINESS CENTRE,CALCUTTA,700016 GHILYA NAGAR,ALLAHABAD-JAUNPUR RD,PHULPUR,212404 NO.4,RABINDRA AVENUE,ENGLISH BAZAR-732101 URDI BAZAR,G.T.ROAD,CHANDERNAGAR-712136 704 & 706,HOSPITAL ROAD,THANGAL BAZAAR,IMPHAL-795001 MAIN ROAD,MARUNGAPURI,VIA MANAPARAI"PIN 621306 NO.1/347 PERUMAL KOVIL STREET ERAGUDI ERAGUDI 621001 East Coast Road, Mallipattinam, Pattukottai Taluk, Pin - 614 703.