Objective
Current Account is for business and commercial purposes and attracts no interest.
Current Account
Scheme for traders, firms, companies, and public enterprises.
Eligibility
All individuals singly or jointly
HUF
Firms
Legal business entities
Trader/Businessman/Proprietors
Companies
Clubs
Trusts etc.,
Interest Rate
No interest is paid under this facility
However the service charges are applicable for not maintaining minimum balance
Balance Requirement
Minimum balance of ₹3000 on Quarterly Average basis.
Salient Features
Cheque Book Facility and Clearing through CTS.
QR Standee, Soundbox, Rupay ATM facility is available.
First 25 Cheque Leaves will be Free.
RTGS / NEFT / NACH Facility is available.
SMS alerts for all transactions & last 5 transactions by sending an SMS from mobile.
Nomination facility available
Documents Requirement to open a New Account
Please visit your nearest branch with required KYC documents as applicable to the Constitution viz., Proprietor, Partnership, Limited Company etc.
Sole Proprietors:
Entity & Address Proof of the firm
Pan card of the Proprietor
Address proof of the Proprietor along with a recent Passport size photograph
Public and Private companies:
Pan card of the company
MOA, AOA & Certificate of Incorporation
Company Certificate of Commencement OR INC 21 along with ROC receipt (Public Ltd Co)
Address proof of the company
Board resolution
Address Proof and Id proof of the signatories along with passport size photograph
Ready to explore this deposit further?
Visit your nearest branch to confirm eligibility, interest details, maturity terms, and the full account opening checklist.
