Current Account
Current accounts are Cheque operated accounts maintained for mainly business purposes. A Current account is ideal for carrying out day-to-day business transactions.
Eligibility
- Hindu Undivided Families
- Sole Proprietorship Firms
- Partnership Firms
- Limited Companies
- Trust Accounts
- Association / Clubs / Societies
Account Opening
- Should submit the dully filled & signed Account opening form along with;
- Specimen Signature.
- Photograph of the operator.
- ID proof of operator as per KYC norms.( (a) Passport (b) Ration card containing Photograph (c) Driving License (d) PAN card (e) Voters Identity card (f) Unique Identity card issued by the Government of India.)
- Address proof.
- Business proof from panchayath/ partnership deed / trust deed/ Articles of association / Registration Certificate / byelaws / minutes copy / authorisation letter
- Proper introduction
- Initial deposit
Minimum Balance
- ` . 500/- for non-cheque book account
- ` . 1000/- for cheque book account
Limit fixed in the Number of operation and amount:
- There is no limit for operation in the current account.