Current A/c

Your business has unique requirements. At Jain Bank, you will find the ideal bank account that takes care of all your cash flow and banking needs. Whether your business is local or national, starting up or scaling up, Jain Bank’s business services and banking facilities keep you on top of your business, all the time.

• Minimum balance required Rs.2500/-.

• Collection of outstation cheques drawn in favour of a/c holder with reasonable charge.

• Free offering of ANY BRANCH BANKING.

• Current Account Portability

Documents That You Will Need to Provide

Proof of identity & address proof as required in Saving Bank A/c (any two of the following)

(A) ACCOUNTS OF PROPRIETORSHIP FIRM:

• Proof of name/address & activity of the concern, like Registration Certificate in case of Regd. Concern

• Certificate or Licenses issued by Municipal Authorities under Shop & Establishment Act.

• Sales Tax and Income Tax returns (Complete Income Tax Return (not just the acknowledgement) in the name of sole proprietor where the Firms income is reflected, duly authenticated/acknowledges by the income tax authorities.

• CST/VAT Certificate.

• Certificate/Registration Documents issued by Sales Tax / Service Tax / Professional Tax Authorities.

• License issued by Registering Authority like Certificate of Practice issued by Institute of Chartered Accounts of India, Institute of Cost Accountant of India, Institute of Company Secretary of India, Indian Medical Council, Food & Drugs Control Authority, Registration/Licensing documents issued by Central Govt. or State Govt. Authority/Department, IEC (Importer exporter Code issue by office of DGFT)

• Utility Bills such as Electricity, Water & Land line Telephone Bills in the name of Proprietary Concern.

(B) PARTNERSHIP FIRM.

• Registration Certificate, if Register.

• Partnership Deed.

• Photos & KYC of all the Partners as required in Saving Banks Account.

• Telephone Nos. of the Firms & Partners.

(C) TRUST, FOUNDATION & ASSOCIATION:

• Names of the Trustees, Managing Committee members & Signatories.

• Certificate of Registration.

• Bye-Laws approved in General Body.

• Resolution of the Managing Body of the Trust, Foundation & Association.

• KYC of all the Trustees/Managing Committee Members as required for opening Saving Bank Account and their Telephone Nos.

(D) JOINT STOCK COMPANIES.

• Name of the Directors and their KYC.

• Certificate of incorporation and Memorandum of Article of Association.

• Resolution of the Board of Directors to open an account and identification of those who have authority to operate the account.

• Power of Attorney granted to its Manager/Officer or the employees to transact the business on his behalf.

• Copy of PAN Card of the Company.

• Copy of the Telephone Bills.

• Name of the Principal place of business, mailing address & Telephone Nos. of the Company.