Current Account can be opened by individuals, Co-operative Institutions, Housing Societies. Account could be opened with initial amount of Rs. 5000/-
- Documents required while opening current account of co-operative banks and societies: 1) Account Opening Form. 2) Specimen Signature Card. 3) PAN / GIR No. / Form No. 60/61 4) Residential Address. 5) Introduction by Savings Bank A/c holder.
Terms and conditions
- Minimum balance of Rs. 5000/- should be maintained
- Customers should provide satisfactory introduction, address and ID proof in order to comply with security norms.
- Sufficient balance should be maintained in the account at the time of issuing cheques