Refer the Deposit Interest Rates Circular in Circulars menu

Current Account can be opened by:

An individual in his/ her capacity
Two or more persons jointly
Sole proprietory firm
Partnership firm
Private limited companies
Public limited companies
Non-governmental organisations
Public corporations
Registered societies/ associations/ clubs Etc
Trusts
Government/ Semi- government bodies/ departments

Documents and Formalities :

CKYC 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.(Any one).
Copy of latest photograph

Proof of residence (AdharCard, 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 Noterised Leave & License Agreement with a permanent address proof, etc)

Photo identity proof (PAN card, voters ID card, passport, Driving license, senior citizen card, ADHAR card etc)
Introduction by person known and acceptable to the bank
PAN with original for verification or declaration of form-60/61
initial deposit in cash
Business activity proof
Business Address proof

Additional documentation required to open current account 
as per the constitution of firm
Proprietorship firm
Requirements:
Business Activity proof- copy of shop & establishment, any certificate issued by / registration document issued by Sales Tax Authorities/ Service Tax Authorities/ Professional Tax Authorities, audited copies of latest balance sheet and income tax returns, letter from Chartered Accountant for operation of business
Business Address proof of shop/ firm (electricity bill, telephone bill, latest bank account statement, Income tax/ wealth tax assessment order, Maintenance bill of society, registered leave and license agreement or Noterised Leave & License Agreement , etc)


A) Proprietorship letter

B) Partnership firm Requirements:

PAN of FIRM and all partners with original for verification or declaration of form-60/6
Business Address proof of shop/ firm
Partnership letter
List of partners
Certificate of registration
Registered partnership Deed

C) Limited companies Requirements:

PAN of the company and all directors with original for verification or declaration of form-60/61
Business Address proof of Company
Certificate of Registration
List of all directors
Memorandam& Articles of Association
Resolution with company seal
CIN no. of the company and DIN numbers of all directors
Certificate of business commencement (in case of Public Limited Company)

Basic Features:

Personalized Cheque-book facility;
Standing Instruction Facility;
Any branch banking.
freeSms service.
RuPay Debit Card Facility.
Remittances- pay order, demand draft on any location in India
Collection of outstation cheques
RTGS/ NEFT Facility