Convenient for business people, traders etc., to have Current Account. Withdrawls and deposits can be made in Current Account any number of times. Current Account is not for saving or earnig interest unlike Savings Bank. Convenience of the customer in parking his liquid funds for any time withdrawal, is the primary objective
KYC Norms of RBI to be followed for opening of Account
Monitoring Your Account
Monitor, control and manage your funds through wide large network of branches of the Bank on 100% CBS platform
An individual who has attained majority (singly or jointly), HUL, all legal business entities and companies, other bodies like Clubs, Trusts, Government Departments etc.
- Rate of Interest – No interest (as per RBI directives)
- Nomination facility - available.
- Cheque Book facility – available
Minimum Balance Requirement : With Cheque Book Urban & Semi-urban Rs.2000/-
(Average Monthly Balance) Rural Rs.1000/-
PENALTY FOR NON MAINTENANCE OF AVERAGE MONTHLY BALANCE _ Rs.300 per month for Rural and Semi Urban & Urban
- Standing instructions from the customers - executed.