Deposits

Salient Features: Ordinary Current Account meant for high net-worth individuals, firms and institutions

who conduct large amount transactions.

Eligibility:

• Individuals singly or jointly with another or others not exceeding three persons payable

to either or survivor/ any one or survivors/ jointly;

• Proprietorship and Partnership Firms

• Companies, Clubs. Associations, Religious/ educational/ charitable trusts

and such other institutions.

Initial Deposit required for opening Current Account: Rs. 1000/=

Documents Required for opening Current Accounts :

For Identity:

• Passport

• PAN card

• Voter ID card

• Driving license

• Government ID card

• Senior citizen ID card

• Aadhaar Card

• Identity Card issued by Government Departments/Reputed Employers

For Address:

• Passport

• Telephone bill / Mob Bill

• Electricity bill

• Driving license

• Certificate/ ID card issued by Post office

• Aadhaar Card

• House Tax receipt / rent paid Receipt for the latest period

• Rental Agreement to the satisfaction of the bank.

• Bank Passbook / Credit card statement for the latest period.

• Any other reliable document to the satisfaction of the bank.

Note:

• Please produce the original document(s) for verification & a photocopy of each document.

• Please fill the form in CAPITAL LETTERS using Black ink.

• Please countersign in case of any overwriting.

• Please avail of the nomination facility.

• Please note that one proof congaing the identity and present address ( as mentioned in account opening form ) is enough.

Additional Documents Required for Non-individuals:

Partnership Firm:

Attested copy of Partnership Deed and letter of Partnership (declaration) signed by all partners; Sales Tax/Income Tax Assessment Order Copy. Identity and address proofs of Managing Partner/Mandate Holder.

Proprietary Concern:

Attested copy of Proprietorship Declaration Letter signed by the Proprietor; Sales Tax/Income Tax Assessment Order Copy. Identity and address proofs of Proprietor /Mandate Holder.

Company:

Attested copy of Certificate of incorporation, Memorandum and Articles of Association, Resolution for opening of account and operating the account. Copy of certificate of commencement of business where applicable, resolution of the Board for opening and operation of the account. Identity and address proofs of Managing Director /Mandate Holder/Power of Attorney Holder.

Trust Account:

Attested copy of the Trust Deed and resolution of the trustees where there are more than one trustee for opening and operating the account. Identity and address proofs of Managing Trustee/Mandate Holder/Operator.

Co-operative Societies / Education Societies / Association and Clubs:

Attested copies of Byelaws with Registration Certificate/ Rules where applicable and resolution of the Board/ Managing Committee for opening and operating the account. Pass port size photos 3 nos. of the Authorized Person with his identity and address proofs. Identity and address proofs of Authorized Official.

Power of Attorney Holder:

Original mandate letter / copy of power of Attorney with Photograph, Identity Proof.

Fees Charges and Penalties:

• No fee for issue of first cheque book. Fee of Rs.2.00 per cheque will be charged when further cheque books are issued.

• Penalty of Rs.100/- will be charged where cheque is returned unpaid for want of funds.

• Charges of Rs.100/ will be levied for closing the account.