Account can be opened by an individual, HUF, Co-operative society, partnership firm, specialized association, Trust, Private as well as Public Ltd. Company etc. generally for business purposes with a minimum amount of Rs.5000/.
No Interest will be paid to the depositors in Current account.
Requirement for opening Current account:-
2 Photo of each.
(i) Completion of Know Your Customer formalities
ID Proof : Any one required
- Passport,
- PAN card,
- Election Card,
- Driving License,
- Aadhar card etc.
Where the photo has been affixed and self-attested by the applicant.
(ii) Address proof:- Any one required
- Ration Card,
- Electricity Bill,
- Telephone Bill,
- Credit card statement,
- Salary Slip with address,
- Bank account statement with address,
- address authenticated by the employer etc.
where address has been given.
Completion of Know Your Customer formalities (other than individual)
- CST/VAT certificate·
- Sales and income tax returns.
- In case of partnership: Partnership deed.
- TIN Number, Registration Number of the firm.
- Seal of the proprietor/ partner/director (as the case may be)
- In case of company: Memorandum of Association and article of association.
- Certificate/license issued by the Municipal authorities under Shop & Establishment Act.
- Features-
- On Maintaining QAB (Quarterly Average Balance) of Rs 100000 in Current Account-
- Free Cash Deposit Facility
- Free NEFT Facility
- Free Internet Banking Facility
- Free Chequebook Facility (60 Leaves).