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How to Open current account in banks

The Document required to submit to apply for current account are:

Company name Registered Document

  • The company need to be registered with SSI. But all the banks are not accepting SSI online registration.  [Axis bank accepting online ssi registration]. For SSI registration you need to be a product manufacturer or some service provider
  • Any Government documentation contains the company name.
  • Otherwise get attestation letter from local panchayat or municipality for the existence of the company
 Atleast one ID Proof in current address
  • Driving license
  • Ration card
  • Voter id
  • Gas agencies Bill
  • Telephone bill
And Voter id and Ration card
Stationery Requirement
  • Company For seal. Bank providing documentation's all pages to be sealed with "For Seal" and signature

Two passport size photograph

Minimum Deposit

The minimum deposit amount vary from bank to bank. For icici and Axis bank the minimum amount is 10,000 Rs. and it has to be maintained.

For IOB, Indian bank the amount is only 2500/-

For IDBI 10,000 Rs/- has to pay during account opening and later the account can be maintained "Zero" balance

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