CURRENT BANK ACCOUNT

ELIGIBILITY	Individuals, Joint accounts, Proprietary concerns, Partnership firms, HUF, Public and Private Limited Companies, Limited Liability Partnership, Registered or Unregistered Societies or Associations, Trust / Provident Fund, Executors and Administrators, Govt./Semi Govt. Dept, SHG/ JLG, Taluk /District Boards, Charitable & Religious Institutions.
MINIMUM DEPOSIT AMOUNT	Minimum balance of Rs.2000/-
PERIODICITY OF DEPOSIT	Running (Operative) Account
INTEREST	Not eligible for Interest
TDS	As per Income Tax Rules
LOAN FACILITY	Not applicable
OTHER FACILITIES	Pass Sheet, Standing Instructions, Collection of local and outstation Cheques (at the cost of the account holder) etc.
APPLICATION AND DOCUMENTS	Application in the Banks’ prescribed form, Identity proof Address proof Photos Memorandum and Articles of Association, Certificate of Commencement of Business, Partnership Deed, (wherever required) Certificate of Incorporation and Board Resolution, Registration Certificate (in the case of a registered concern) , Certificate / Licensee issued by the Municipal Authorities under Shop & Establishment Act etc.,