Current Account

Objective The Current Account is not meant for savings or earning interest. It is for businessand commercial purposes to do business related transactions.
Elgibility
  • All major 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 ₹5000 on Quarterly Average basis.
Salient Features
  • Nomination facility available
  • Cheque Book Facility and Clearing through CTS.
  • First 25 Cheque Leaves will be Free.
  • RTGS / NEFT / NACH Facility is available.
  • Interest on Fixed Deposits can be collected to this account.
  • SMS alerts for all transactions & last 5 transactions by sending an SMS from mobile.
  • Standing Instruction Facility
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