Current
Deposit

Current Deposit

Our Current Account is designed to meet the dynamic needs of businesses by facilitating seamless and unlimited transactions. Enjoy the flexibility of accessing your account anytime to make payments via cheque, demand draft, or deposit.

Eligibility Criteria

  • Individuals – Single or Joint Account holders
  • Hindu Undivided Family (HUF)
  • Sole Proprietorship Firms
  • Partnership Firms
  • Private and Public Limited Companies
  • Trusts, Clubs, Registered & Unregistered Societies, Associations
  • Government and Semi-Government Bodies & Departments

To open a Current Account, please refer to the required basic documents.

  • Current
    Account
  • Special Current Accounts

A standard current account suitable for business and corporate customers, offering ease of transactions and multiple banking privileges.

Key Features

  • Minimum opening balance: ₹ 5,000/-
  • Cheque book issued at nominal cost
  • Debit Card facility for convenient transactions
  • Desk Drawing facility for easy cheque issuance
  • Free account statement service (charges applicable for duplicate statements)
  • Fund transfer facility via RTGS/NEFT across India
  • Any Branch Banking for convenient access
  • Demat account linkage facility
  • Safe Deposit Locker facility *

* Available at select branches only

Eligibility

  • Individuals, Sole Proprietors, Partnerships, LLPs, Private & Public Limited Companies
  • Trusts, Societies, Associations & Institutions

Documentation Required

  • Proof of Identity & Address of authorized signatories
  • PAN Card (or Form 60 if PAN not available)
  • Constitutional documents (Partnership Deed, MOA & AOA, Trust Deed, etc.)
  • Board resolution/authorization letter for signatories (for non-individuals)
  • Recent passport-size photographs
  • GST Registration (if applicable)

Charges & Fees

  • Non-maintenance of minimum balance: ₹ 200/- per month + GST
  • Cheque book charges: ₹ 2/- per leaf beyond free limit
  • Debit card AMC: ₹ 150/- per annum
  • NEFT/RTGS/IMPS charges as per prevailing bank rates

Value Added Services

  • Bulk payment support for salaries and vendors
  • SMS Alerts and Email statements
  • Net Banking & Mobile Banking with secure access
  • Overdraft facility (subject to eligibility & credit assessment)

Tailored current account options for high net worth individuals and premium customers.

Account Variants and Benefits

Particulars CD Silver
(1104)
CD Gold
(1105)
CD Platinum
(1106)
Average Monthly Balance (AMB) ₹ 25,000/- ₹ 50,000/- ₹ 1,00,000/-
Free Cheque Leaves 100 leaves per year 200 leaves per year Unlimited
DD / Pay Order / RTGS / NEFT Charges 25% concession 50% concession Free
Internet / Mobile Banking Free Free Free
Minimum Balance Charges ₹ 500 + GST ₹ 700 + GST ₹ 850 + GST
Demat Account Annual Maintenance Charges Nil for first 2 years Nil for first 3 years Free
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