Current Deposits


Any person or persons approved by the bank in the following manners:

  • In his/her name
  • In the name of two or more persons
  • Co-op. Societies, Institutions and Associations
  • Private/Public Ltd. Company
  • Proprietor/Partner

Initial Deposit :

An initial cash deposit of Rs.3000/- which balance should always be maintained in the Current Account.

Interest: No interest will be paid on the balance in the Current Account. Statement of Account: Bank will issue a statement of account to the account holder once a month on requisition.

Incidental Charges: Incidental charges as per Service Charge Manual in force will be levied for non-maintenance of minimum balance prescribed, return of Inward/Outward cheques, stop payment instructions, issue of cheque books etc. Refer to our Service Charges elsewhere on this site.

Minimum Requirement:

  • Introduction by a person known and acceptable to the bank.
  • 2 copies of the latest photographs
  • Proof of identity and residence and business proof
  • Copy of PAN card with original for verification


The Bank reserves the right to alter, amend, and rescind the rules from time to time.