Mahaveer Bank > Current Account

Current Account

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Minimum Balance

Open current account with an affordable minimum balance of Rs.3000
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Funds Transfer

Electronic Funds Transfer facility through RTGS, NEFT& IMPS.
  • Open current account with an affordable minimum balance of Rs.3000
  • This Account is being offered at nominal minimum balance to meet the business needs of traders, manufacturers, businessman, corporate , etc. with a requirement to operate the account frequently due to large number of daily business transactions.
  • Anywhere banking facility (any branch of Mahaveer Bank).
  • Statement of Account through e-mail for easy and convenient access and reconciliation.

Documents Required for Current Accounts:

  • In case of Partnership Firm: Photo ID, Address Proof, Registration Certificate, Partnership Deed, Power of attorney to transact on its behalf, GST Registration.
  • In case of trust: Registration Certificate, Trust deed, Power of attorney to transact on its behalf, Photo ID, Address Proof.
  • Unincorporated association or a body of individual: Resolution of managing body of such association, Power of attorney to transact on its behalf, Photo ID, Address Proof etc.
  • Proprietary Concern: Photo ID, Proof of Address and any two of following documents
    • Registration Certificate
    • Certificate issued by municipal authorities under shop and establishment act
    • Sales and income tax returns
    • GST Registration document
  • Certificate issued in the name of proprietary concern by any professional body.
  • IT Returns in the name of proprietary concern.