Current Account
 
Eligibility

Individuals of any nationality (in their own name or jointly  with two or more individuals), sole proprietorships, partnerships, private limited companies, public limited companies, registered cooperative societies, clubs, associations, etc. can open a current account with our institution.

Features and Benefits

Minimum balance Rs. 3000/-(with chequebook)
Core Institutional Facilities
Account transaction information via SMS
RTGS/NEFT facility
All types of tax payments
Valid required documents
At least two passport size photographs and one of the following official documents as proof of identity and address are required,

1. Proof of Residence* (Aadhar Card, Passport, Driving License, Voter ID Card, Electricity Bill, Telephone Bill, Recent Institution Account Statement, Income Tax/Wealth Tax Assessment Order, Registered or Notarized Live and License Agreement with Proof of Permanent Residence, etc.)

2. Photo ID* (Aadhar card, PAN card, passport, driving license, voter ID card, senior citizen ID card, ID card issued by a reputed company, etc.)

3. Identification of a person who is familiar and acceptable to the organization

4. Original PAN card along with its photocopy for authenticity verification.

5. Initial deposit in cash

6. Proof of business

7. Proof of business address

8. Other documents as per the constitution of the organization (as below)

9. All original documents along with photocopies must be submitted for verification of authenticity.

One owner organization
1. Certified copy of shop and institution registration certificate, Enterprise Registration, any certificate/registration issued by Sales Tax Authority/ Service Tax Authority/ Business Tax Authority, Audited copies of latest balance sheet and income tax return, Letter from Chartered Accountant regarding business operation, Address proof of shop/ institution (electricity bill, telephone bill, latest institution account statement, income tax/wealth tax assessment order, society maintenance subscription bill, registered or notarized leave and license agreement etc.)

2. Title Deed

Partnership firm
1. PAN cards of the organization and all partners, along with a photocopy of the original PAN card for authenticity verification.

2. Proof of business address of shop/organization

3. Partnership letter

4. List of partners

5. Registration Certificate

6. Registered partnership agreement

Limited companies
1. PAN cards of the company and all directors, along with a photocopy of the original PAN card for authenticity verification.

2. Proof of company address

3. Registration Certificate

4. List of Directors

5. CIN number of the company and DIN number of all directors

6. Certificate of commencement of business (for public limited companies)

7. Seal of the organization

8. Resolution of the organization

9. Rules and regulations of the organization