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CURRENT/SAVING ACCOUNTS
Required Documents For Opening Current A/C :
Every customer who desire to open a current account has to fill up a Bank Authorized form along with a specimen signature card and also have to submit the following papers/documents and photographs of the account holder(s) to the branch.
  • Address Proof
  • Identity Proof
  • Individual Account
  • Joint Accounts

Proprietorship / Firm

  • Proof of address of the account holder like electricity bill /Tax bill / proof of tenancy  etc.
  • 2 photographs duly signed by the proprietor.

Partnership Firm

  • Attested copy of the Partnership deed
  • Two photographs of each partner duly signed
  • Attested copy of Partnership Registration (If registered then certificate of Registrar of Companies).
  • Proof of address of Residence / office
  • The signatures of each partner is mandatory for opening a current account.

Private Limited / Public Limited Company

  • Attested copies of Article of Association & Memorandum of Association.
  • Copy of Certificate of Incorporation.
  • Copy of Certificate of commencement of Business (for Public Limited companies).
  • Copy of the resolution authorizing to open and operate the account on behalf of the company. (the specimen for the same can be obtained from the branch)
    Signatures of the Directors of the company as mentioned in the resolution.
  • 2 photographs with their signatures of the authorized directors.
    Proof of the address of Office.

For Accounts of Public and Private Trusts

  • Attested copy of Deed of the Trust
  • Resolution authorizing to open and operate the Trust A/c (Specimen copy can be obtained from any branch)
  • All Trustees should sign the application form.
  • If it is a public trust, then certificate of the Charity Commissioner.
 
Interest Rates :
Interest Rates (% Per Annum) Effective from 31-03-03

Current

Nil

Savings

3.5%
* Interest rates are subject to change without prior notice.
 
Common Requirements :
  • Suitable introduction acceptable to the bank introduced by any firm/company recognized by the bank.
  • In each case address proof of the owner / major partner / director has to be submitted.
The customer will have to maintain a minimum balance, which will be decided by the bank as and when for current A/c, and charges for the same will be debited to the A/c.
 
 Deposits.......
   Current/Saving Accounts
   Deposit Rate
   Deposit Policy