Mahalakshmi Cooperative Bank

Current Account

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Current Account

Info

Details

Who can open Current Account

Individuals and other Firms/Company (known to the Bank or) properly introduced.


Co-operative and other Institutions

Initial deposit at opening of account

Minimum amount of Rs. 5000/-.

Cheque Book facility

First CTS cheque book will be provided free of cost, subsequent cheque book will be charged

Passbook

No charges for the passbook issued to the depositor.


However charges are applicable for the issue of duplicate passbook

NEFT/RTGS facility

NEFT/RTGS facility available

Demand Draft Facility

Demand Draft Facility available

Non maintenance of minimum balance

Will be charged

Documents required for opening the accounts

Individual person desiring to open a Current Account


1. Identity Proof and Address Proof: Passport/Aadhar card/ Driving Licence/voter ID card .

2. PAN card

3. Photographs

For Co-operative and other Institutions, the resolution of the Board of Management of the concerned institution, for opening an account and the officials authorized to operate on the account, together with the Rules and Bye-laws governing such institution's Memorandum and Articles of Association, as the case may be, identify proof of the operators, their Pan card and all other necessary information required by the Bank should be furnished at the time of opening the account.


Nomination

Nomination Facility is available.