Current Account

Introduction

Areekode Service Co-operative bank avails current account deposit schemes without any restrictions on daily/monthly transactions (deposits & withdrawals). Any public or privative limited companies, partnership firms, trusts/foundations, registered/unregistered societies, or self-employed individuals can open a current account in the bank. The account can be opened either individually or jointly for efficient business banking. 
A current account is usually opened only for the convenience of business and it allows one to make any number of deposits or withdrawals per day without any additional charges levied. The current account needs to maintain a minimum account balance of Rs.1,000.00

Features

  • Unlimited Deposits and Withdrawals
  • Any Branch Banking (ABB)
  • Remittances
  • Free monthly statement
  • Collection of outstation cheques
  • NEFT/ RTGS
  • Mobile banking application
  • Transaction alerts

Documents Required

  • Photo ID proof and Address ID proof of proprietor/partners/directors
  • Passport Size Photograph
  • Registration Certificate of firm/shop and establishment/S.S.I /VAT.
  • Partnership deed
  • Copy of Memorandum and Articles of Association & Latest Form No.32. (For Company Account) / Resolution to operate the account.
  • Pan Card(proprietor / partners / directors/ company) with forwarding letter
  • Introduction from existing Account Holder