Current Account
Current Account is made for fulfilling the day to day banking needs of the customers, engaged in business activities and are in frequent need of monetary transactions. Current Account is a running account which may be operated upon any number of times during a working day. There are no restrictions imposed on the amounts of withdrawals from a Current Account. Withdrawals allowed only on cheque.
Benefit of Current Account
- Minimum Balance to be maintained is Rs. 3,000/- in the account.
- ATM Card Facility with withdrawal Limit upto Rs. 25,000/- for Proprietary Accounts.
- SMS Banking facility for Balance Inquiry and Statement Details.
- Transaction Alerts E-Statement/E-mail alert facility
- Free monthly statement
- No minimum balance required.
Document Required
Duly filled Account Opening Form with 1. Valid address proof (Business). 2. Valid Trade License (Proprietorship). 3. Certificate /registration document issued by Sales Tax/Service Tax/Professional Tax authorities or GST. 4. Certificate (Proprietorship). 5. GST Certificate (Partnership/Company). 6. Partnership Deed (Partnership). 7. Pan Card (Company). 8. MOA & AOA (Company). 9. Board Resolution (Partnership/Company/Trust/Soc/Clubs). 10. Registration Certificate (Company/Trust/Soc/Club). 11. Bye Laws (Soc/Club). 12. Individual KYC of Proprietor/Partners/Directors/Trustees. 13. Passport Size photograph of Proprietor/Authorized Signatory.
