Current account with bank

This query is : Resolved

Kripa (Querist)
Follow

18 April 2012 Dear Sir,

I want open a current account with Name ""Ram Travel" this is a proprietorship, i have not Service tax number but bank neet service tax registration number please tell me how can open a current account and please tell me document for opening a account

Regards
Kripa

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
Follow

19 April 2012 Current Account can be opened by:

* An individual who has attained majority.
* Two or more individuals in their joint names.
* Sole proprietorship concerns.
* Partnership concerns.
* Hindu Undivided Family (HUF).
* Limited Companies.
* Clubs, Societies.
* Trusts, Executors and Administrators.
* Others - Govt. and semi Govt. bodies, local authorities etc.

Documents Required for Opening a Current Account

Following documents are required in case of individuals

* Two passport size photographs
* Proof of residence i.e. Passport/driving license/Gas / Telephone / Electricity Bill/ Ration card/voters identity card
* An introduction of the person from an existing account holder.
* PAN number / Declaration in form no.60 or 61 as per the Income Tax Act 1961

Different set of documents are required as per bank's norms if the account is opened by partnership firms, private and public limited companies, HUFs / specified associates, societies, trusts etc.

Regards,

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now