Current Account
Info | Details |
ELIGIBILITY | Individuals, Joint accounts (not more than 4), Proprietory concerns, partnership firms, HUF, Public and Private Limited Companies, Registered or Unregistered Societies or Association |
SPECIAL ACCOUNTS | Not applicable |
DOCUMENTS REQUIRED FOR OPENING THE ACCOUNT | Application, Address proof, Photos, Introduction Memorandum and articles of association, Certificate of commencement of business, Certificate of commencement of business Partnership deed, (wherever required) certificate of incorporation and Board Resolution. |
MINIMUM DEPOSIT AMOUNT | Rs.500/- |
PERIODICITY OF DEPOSIT | Running (Operative) Account |
INTEREST | Not eligible for interest |
NOMINATION FACILITY | Available – Individual Accounts, Joint Accounts, Proprietorship Accounts. Not available for a/cs held in representative capacity, partnerships, Joint Stock Companies, Associations, Clubs and other organizations. |
LOAN FACILITY | Not applicable |
OTHER FACILITIES | Pass Sheet, Nominations, Standing Instructions, Collection of local and outstation Cheques (at the cost of the account holder), |
APPLICATION AND DOCUMENTS | Application Specimen Signature Card Photograph of depositor/s (2 copies) Proof of address as per KYC Norms Any other related documents applicable to proprietor ship concern, Partnership Firm, Company, HUF etc. |