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How to open a current account in bank??? Pls Help Friends...

CA Saranya (Practicing Chartered Accountant) (329 Points)

03 March 2011

Hi friends...

Can anyone pls tell me the procedure to open current account with banks....

What are the formalities needed...??

Waiting for your earliest reply..

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9 Replies

B.Aruna (Practicing Chartered Accountant) (84 Points)
Replied 03 March 2011

dear saranya,

pls go to the bank in which you want to open an account and get the necessary details from them

"summa for kidding"

CA Saranya (Practicing Chartered Accountant) (329 Points)
Replied 03 March 2011

Excuse me miss Aruna..

I don know this eh!!!!

You see, i don have time to go to bank now to get details..

thatsy m asking for a help.. Ok??

CA Kanchan Jha (Finance & Accounts Executive) (493 Points)
Replied 03 March 2011

go to bank and fill up the account creation form, required- proof of identity card + address proof .

1 Like

(Guest)

visit nearest branch of the bank of your choice. you will be guided to open an account. You need ID proof (passport, driver's licence etc) and address proof (utilitly bill, etc with your name and address on it) and bussiness information to bank.. you can also check websites of different banks for more info.

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Vikash Kharvar (Dy. Manager -F&A) (469 Points)
Replied 03 March 2011

Dear Saryana,

You should visit web site of the Bank in which you like to open Current A/c.

You can also call to Call Center of the Bank.

Regards,

Vikash Kharvar

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CA Saranya (Practicing Chartered Accountant) (329 Points)
Replied 03 March 2011

Thanks all...

And do i need to give any introduction letter or so..???

CA Kanchan Jha (Finance & Accounts Executive) (493 Points)
Replied 03 March 2011

no need of any introduction letter.

1 Like

Naveen (CA Final, B Com (A&F)) (122 Points)
Replied 11 March 2011

go to a bank

submit id proof and address proof...

you also need an introducer, that is someone who already has an account in that bank

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U S Sharma (glidor@gmail.com) (21056 Points)
Replied 16 March 2011

to open a current account

documents needed for

1) individual

- completed form, signed

- PAN card

- address proof

2) HUF

1) documents as in 1) + PAN card of karta

3) FIRM ( partnership /LLP)

- PAN card of Firm + partners

- Trade Licence

- Address Proof,

- Partnership deed

- Mode of operation signed by all partners

- form duly completed + signed by all partners

4) Companies

- PAN card of company + directors

- Trade licence

- Article & memorandam of company

- Authorized person to operate the bank , signed by all directors ( resolution)

- duly completed form signed

some nationalized banks insist to get introduction on their form with any customer of their bank, but now most of the bankers reply on address proof and PAN.

1 Like