This affidavit is a declaration made by an individual that he/she has changed his/her signature and will not be using the previous signature in future. It iacts as a proof
that an individual is no longer using his original signature for signing.
To make it legally enforceable, the document needs to be printed on a stamp paper of an appropriate value and be signed in the presence of an Oath Commissioner who shall
attest the same. Also multiple copies of this affidavit must be taken in order to notify to the banks and other institutions you frequently deal with immediately about the change
of signature. This affidavit is generally used by a person who wishes to change his present signature.