Current Accounts

1. Individuals

2. Institutions

3. Societies

· Eligibility:

Any person or persons approved by the bank in the following manners:

1. In his/her name

2. In the name of two or more persons

3. Co-op. Societies, Institutions and Associations

4. Private/Public Ltd. Company

5. Proprietor/Partner

· Initial Deposit :

Initial cash deposit of Rs.5000/- which balance should always be maintained in the Current Account.

· Interest :

No interest will be paid on the balance in Current Account.

· Statement of Account:

Bank will issue statement of account to the accountholder once in a month on requisition.

· Incidental Charges:

Incidental charges as per Service Charge Manual in force will be levied for non-maintenance of minimum balance prescribed, return of Inward/Outward cheques, stop payment instructions, issue of cheque books etc. Refer to our Service Charges elsewhere on this site.

· Minimum Requirement:

1. 2 copies of latest photographs

2. Proof of identity and residence and business proof

3. Copy of PAN card with original for verification

· GENERAL:

The Bank reserves the right to alter, amend, rescind the rules from time to time.