Formalities for opening an account
| 1 | Application Form |
| 2 | Introduction |
| 3 | Proof of residence |
| 3 | Photograph |
For Company Accounts
| 1 | Board Resolution |
| 2 | Memorandum of Association |
| 3 | Articles of Association |
| 4 | Certificate of Incorporation |
| 5 | Certificate of Commencement of Business (for public limited companies) |
Minimum Balance
| 3 | For individuals : Rs.3,000 |
| 3 | For institutions: Rs.5,000 |
Facilities
| 1 | No restriction on number of operations in the account |
| 2 | Nomination (for personal and sole proprietorship accounts) |
| 3 | Collection of cheques, bills, drafts |
| 3 | emporary Overdraft |