Current Accounts

Current Accounts

Current Accounts can be opened by Businessmen / Proprietorship / Partnership Firms / Public or Private companies requiring to do multiple or numerous business transactions. There is no limit on the number of transactions.Minimum Balance to be maintained is Rs.500/- in the account.

Interest on Current Deposits

No interest will be allowed on balances on Current Accounts.

Declaration

Depositors enjoying any credit facilities with other Bank(s) must furnish full particulars of such facilities with the name(s) of the banks concerned. The Bank has every right to refer to the lending Banks concerned for Status reports/No Objection Certificate before opening such other bank borrowers' CD accounts with the Bank.

Documents Required

Duly filled in Account Opening Form with valid residential proof, PAN Number, Registration Certificate, Partnership Deed, Memorandum of Association as the case may be.

Nomination Facility

Nomination Facility is available.