A very useful and easy product for frequent banking transactions by individuals, firms, HUF, Companies, Institutions etc. Current Deposit Account has no limit on number of transaction and is very much reliable for business activities.
Features
| Eligibility | · Individuals · Joint Accounts · Sole Proprietory Concern · Partnership firms · HUFs · Companies · Association of persons · Societies · Trusts · Body Co-operation · Charitable and other institution |
| Initial Deposit | Rs 1000 |
| Minimum QAB | Rural : Rs 1000 Semi Urban : Rs 3000 Urban : Rs 5000 Metropolitan : Rs 5000 |
| Mandatory Documents Required | · Documents as required by the RBI guidelines. · Application (AOF) and Specimen Signature · Address Proof as per KYC norms · Photos · Company Memorandum and Articles of Association, Certificate of Incorporation, Board Resolution etc are required. · Related documents in case of HUFs, Trusts, Firms etc. |
| Nomination Facility | Available to eligible person only as per guidelines |
| Additional Facility | In order to provide hassle free banking transaction this particular scheme has 100% integrated and computerized network of more than 6968 service outlets. |
| Internet Banking | Free |
| ATM/Debit Card | ATM/Debit Card for individuals/sole proprietor account |
| Standing instruction | Acceptance of Standing Instructions while collection of cheque. |