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Current
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Current


Banking that helps your business grow faster than you would imagine. The features of our Current account make banking a comfortable experience.

Features & Benefits
  • Minimum balance requirement of Rs 5000/- per quarter
  • Free Internet Banking
  • Free Mobile Banking - Check your account balance/transaction.
  • Free International Visa Debit Card for the 1st year.
  • Avail of Safe Deposit Locker facilities (subject to availability).
  • Free monthly statement.
  • Avail Personalised chequebook for enhanced security at nominal prices.
  • Take advantage of Easy Pay. An instant solution to all your frequent utility bill payments.
  • Take advantage of Easy Pay. An instant solution to all your frequent utility bill payments.

Eligibility:
You can open a Current account with us if you are:
  • Individuals
  • Public or Private Limited Companies
  • Partnership Firms
  • Proprietorship Concerns
  • HUFs
  • Trusts
  • Clubs, Mandal and Associations

Officially Valid Documents:

Documents: Original & Self-attested copies to be submitted for verification

  • Individuals
    • One latest passport size photograph

    • Pan card or Form 60
    • Aadhaar card is mandatory
    • If the address on Aadhaar is different as that declared by him / her in the account opening form, any of the below officially valid documents should be accepted:
 Passport/Driving License/ Voter's Identity Card/NREGA job Card
  • Public or Private Limited Companies
    • Certificate of Incorporation and Commencement of Business
    • Certified true copy of Memorandum and Articles of Association
    • Certified Board resolution authorising the opening and operation of the account
    • PAN card. 
    • Documents of the authorised signatories as mentioned above for individuals.
  • Partnership Firms
    • Partnership Deed and Registration Certificate
    • PAN card. 
    • Documents of the authorised signatories as mentioned above for individuals.
  • Proprietorship Concerns
    A) Document of proprietor as mentioned above for individuals

 B) Any two documents with name and address of the firm and name of proprietor can suffice:

    • Registration Certificate 
    • Certificate/ License issued by the Municipal Authorities under Shop & Establishment Act
    • GST certificate
    • Certificate/ Registration document issued by Professional Tax authorities
    • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT
    • Complete income tax return in name of the proprietor wherein the income of the firm is reflected.
    • Licence issued by the Registering authority like Certificate of Practice issued by Institute of Chartered Accountants of India, Institute of Cost Accountants of India, Institute of Company Secretaries of India, Indian Medical Council, Food and Drug Control Authorities, etc.
    • Udyog Adhaar
    • Utility bills such as electricity, water and landline telephone bills 
  • HUFs
    • Pan Card of HUF
    • Identity and address proof of Karta
    • Declaration form for HUF duly filled in and signed by Karta with stamp of HUF and Coparcener

 

  • Trusts
    • Trust deed
    • Registration certificate
    • Copy of the resolution by the trustees authorising the members concerned to open and operate the account
    • Pan card 
    • Documents of the authorised signatories as mentioned above for individuals.
  • Clubs / Mandals / Associations

    • PAN Card
    • Bye-laws of the association or club
    • Certificate of Registration
    • Copy of the resolution by the Board authorizing the members concerned to open and operate the account
    • Documents of the authorised signatories as mentioned above for individuals.

Account Closure Charges:
  • If closed within 6 months Rs 500 +charges for unused cheque leaves at Rs 2 per leaf.
  • If closed within 1 year Rs 250 +charges for unused cheque leaf at Rs 2 per leaf.

Unused cheque leave charges are applicable to all accounts which are closed

Download the Account opening form NOW
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Saraswat-Bank
Saraswat-Bank