Arihant

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Current Account

Who Can Open An Account

Eligibility parameters for saving account.

  • 01

    Individual

  • 02

    Two or More Individuals
    (With undertaking)

  • 03

    Sole Proprietary Firm

  • 04

    Partnership Firm

  • 05

    Limited Co.
    (Private/Public)

  • 06

    Initial Deposit

    If a minimum balance of Rs.3000/- is not maintained, the Bank will charge incidental charges at the rates as in force from time to time. Please refer to our Service Charges elsewhere on this site for applicable incidental charges.

  • 07

    Interest

    No Interest will be paid on the balance in the Current Account.

  • 08

    Statement of Account

    Bank will issue a statement of account to the account holder once a month.

  • 09

    MINIMUM BALANCE CHARGES

    If a minimum balance of Rs.3000/- is not maintained, the Bank will charge incidental charges (hyperlink) at the rates as in force from time to time.

  • Initial Deposit for opening Current Account & minimum balance to be maintained in the account : Rs. 3000/-
  • Interest : No Interest will be paid on the balance in Current Account.
  • Statement of Account : Bank will issue statement of account to the account holder once in a month.
  • MINIMUM BALANCE CHARGES: If a minimum balance of Rs.3000/- is not maintained, the Bank will charge incidental charges at the rates as in force from time to time. Please refer to our Service Charges elsewhere on this site for applicable incidental charges.

Benefits

Free ATM Card : For the facility of cash withdrawal upto Rs.50,000/- in a day from account. ATM card is issued free of cost. Card will be issued to following type of customers,
Individual
Two or More individuals
Sole Proprietary Firm

Current Account

Arihant Bank provides a customer-centric current deposit facility which has long-term benefits. Any individual, firm, public or private company can open a current deposit account. Initial deposit for opening current account & minimum balance to be maintained in the account is Rs. 3000. No interest is paid on the balance in the current account.

If a minimum balance of Rs.3000/- is not maintained, the Bank will charge incidental charges (hyperlink) at the rates as in force from time to time.  

  • Current deposit service offers benefits like:
  • Any Branch Connectivity
  • Remittances Demand Draft on any location in India
  • Collection of outstation cheques
  • RTGS/NEFT Facility
  • SMS Banking Facility
  • ATM Facility
Note: ATM card is issued free of cost to withdraw up to Rs. 50,000/- in a day from account.

How To Open An Account

You need to submit the information to establish your identity and your address and a copy of your latest photograph. You can choose from the variety of the documents acceptable by the Bank for this purpose. The documents accepted by the Bank are as under:

PAN Card

Proof of Photo Identification: (any one of the following)

  • Passport
  • Voters Identity Card
  • Driving License
  • Aadhar Card

Proof of current address: (any one of the following)

  • Telephone bill(Landline)
  • Passport(supported by Pan allotment Letter, Mobile Bill,Credit Card Bill )
  • Registered Leave & License Agreement with proof of permanent address or Notarised Leave & License Agreement with Police N.O.C. with proof of permanent address.
  • Aadhar Card

Recent Photograph (passport size)

  • Please find given below documents to be submitted while opening various type of deposit accounts.

Documents required (For Individuals)

  • PAN Card
  • Photograph
  • Address proof
  • Identity Proof-(Passport,Senior Citizen Card)
  • Introduction is must
  • Completion of form in all respect
  • Initial deposit in cash
  • Completion of slip book

Documents Required for Proprietorship A/C

  • PAN Card Copy of Proprietor
  • Shop & Establishment Licence copy
  • Address proof
  • Passport size photograph of proprietor
  • Introduction by Bank's Current A/c Holder(Customer)

Documents Required(Partnership)

  • PAN Card of all Partners / Firm
  • Photographs of all the partners
  • Address proof of all the partners/ Firm
  • Identity Proof--(Passport, Senior Citizen Card) Introduction is must (usually from a current a/c holder)
  • Certified true copy of Partnership deed – duly registered
  • Business Proof
  • Stamp of the firm
  • Completion of form in all respect
  • Initial deposit in cash

Documents Required for Pvt. Ltd. / Ltd. Company

  • Copy of certificate of Incorporation
  • Copy of certificate of commencement of business in case of Public Limited Co.
  • Certificate copy of Memorandum & Article of Association
  • A certified true copy of the resolution of the Board of Directors requesting Bank to open an account & provide operating instruction and a list of authorised officials to operate the account.
  • Photograph of all Directors their PAN card copy and Address proof.
  • PAN Card copy of the Co.

Documents Required( Trust,Clubs Association)

  • A/c opening form
  • Photos of the office bearers
  • PAN Card of office bearers / trust, clubs, Association
  • Identity Proof of office bearers(Passport, Senior Citizen Card)
  • Address proof of all the office bearers / Trust, Clubs, Association.
  • Stamp of the Clubs / Associations
  • Original certificate of registration
  • Certificate true copy of memorandum of association
  • Certificate true copy of the rules, regulations, bye-laws
  • Resolution of managing committee certified by the chairman/secretary authorised
  • The type of a/c to be opened and operation instruction should be specified in the resolution