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Recurring Account

Recurring Account

Current Account can be opened by individuals, Co-operative Institutions, Housing Societies. Account could be opened with initial amount of Rs. 5000/-

Documents required

  • 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