Question:

How to open a current account in south india. necessary documents ?

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if one person is going to start a business that can be done where ever she / he is travelling using a laptop. if there is no office or home is needed.

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4 ANSWERS


  1. Choose any nationalized  Bank, having the e banking facility:

    Current  account opening

    proprietor

    Go with the following

    1) address proof  2) Passport size photos 3)PAN number  4) Introduction

    partnership:

    deed, address proof for partners , photo, indtroduction, PAN  no,  etc

    after opg the account tehy will issue a cheque book

    you can mention e banking facility and also fill the separate secret details

    On operation they will provide you PIN no, security code etc


  2. as you said it is a sole proprietory

    all you require is KYC ( Know your customer) DOC

    i.e.

    1) Photo of prop

    2) Address Proof: can be any utility bill not old than 90 days

    3) ID Proof: PAN card, DL copy, passport copy

    4) Business Proof:CST, VAT, service tax registration. etc

    for internet banking best wold be ICICI Bank,  or ING VYSYA has a big precence in south.

      



  3. If it is company bank account following documents you should give to bank.

    1.MOA & AOA of company

    2.ROC Certificate of company

    3.Board Resolutions for opening current account

    4.PAN Card of Directors & Company

    5.Photos of directors


  4. A good place to start is pay pal the online banking is awesome for sending money depending on the business build a website. Good luck

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