Current Deposits

Satyavijay Bank > Current Deposits

CURRENT BANK DEPOSITS

Mamasaheb Pawar Satyavijay Co.Op. Bank facilitates more flexibility to the customers by providing Current deposits scheme. Current accounts at Satyavijay Bank provide the convenience to the customers of safety & security of their deposits in addition to quick access to their funds. Current deposit, by nature, is for those customers who prefer to transact with the banks more frequently. At Satyavijay Bank, customers always enjoy services with a personalized touch. Satyavijay Bank is a 100% CBS enabled bank & customers can get the benefit of ‘Any Branch Banking’. Who can open an account?

  1. An individual in his/ her capacity
  2. Two or more persons jointly
  3. Sole proprietary firm
  4. Partnership firm
  5. Hindu undivided family
  6. Private limited companies
  7. Public limited companies
  8. Non-governmental organizations
  9. Public corporations
  10. Registered societies/ associations/ clubs Etc
  11. Trusts
  12. Government/ Semi- government bodies/ departments

 

Checklist:

  • Customer Information File (CIF) form (for new accounts);
  • Account opening form, duly signed by the Proprietor / Partners / Directors;
  • Photograph of the Proprietor / Partners / Directors.
  • Copy of Partnership Deed / Memorandum / Articles of Association (Public / Pvt. Ltd. Co.)
  • Copy of Resolution to open an account along with the list of Authorizing Signatories to operate account (in case of Public / Pvt. Ltd. Co.)
  • Introduction from existing Current / Overdraft Account holder of the Bank.
  • Copy of PAN Card / I.T. Return / Form 60/61. (Any one).

 

Basic Features:

  • Personalized Cheque-book facility;
  • Standing Instruction Facility;

Benefits

  1. Any branch banking (ABB),inter connectivity
  2. Remittances- pay order, demand draft on any location in India
  3. Collection of outstation cheques
  4. RTGS/ NEFT Facility
  5. SMS banking
  6. E-statement facility

Minimum balance charges

  • If minimum balance is not maintained in the account, minimum balance
    charges are charged at the rates as in force
  • Minimum Balance should 2000/- Rs

Requirements

  1. Copy of latest photograph
  2. Proof of residence (passport, driving license, ration card, voters card,
    electricity bill, telephone bill, latest bank account statement, Income tax/
    wealth tax assessment order, Maintenance bill of society, registered leave
    and license agreement with proof of permanent address or Notarized
    Leave & License Agreement with a permanent address proof,
    etc)
  3. Photo identity proof (PAN card, voters ID card, passport, Driving license, senior citizen card, ADHAR card etc)
  4. Introduction by person known and acceptable to the bank
  5. PAN with original for verification or declaration of form-60/61
  6. initial deposit in cash
  7. Business activity proof
  8. Business Address proof
  9. Any other document as per the constitution of the firm
    (As per Annexure -1)
  10. Account Opening Form (AOF) duly filled.