This is a product targeted at Societies, Associations, Clubs, Government bodies, etc. and is ideal for managing your organization’s flow of finances and parking surplus funds in a scheme that attracts a savings account rate of interest. An account tailored to suit the needs of such entities, it offers lower minimum balance requirements and operational convenience in addition to personal touch and prompt service.
Features and Benefits
- Cheque Book facility
- SMS Charges applicable
- Electronic Funds Transfer facility through RTGS / NEFT& IMPS.
- Anywhere banking facility, UPI payment / receipt facility (to be opened shortly)
- Statement of Account through Email.
Documents Required
- Aadhar card, PAN card
- Certificate of Registration, if registered.
- Bye laws / Rules / Regulations/ Memorandum of Association / Constitution
- Trust Deed (For Trust)
- Resolution of the managing body of the foundation / association
- List of all office bearers with their complete names and addresses
- Any officially valid document to identify the authorized signatories, trustees, settlers, beneficiaries and those holding Power of Attorney, founders / managers/ directors and their addresses
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