Overview

Partnership Firm

A Current Account for Partnership Firms is designed to meet the financial and operational needs of businesses managed by two or more partners. This account enables smooth handling of daily transactions, payments, collections, and overall cash flow management.

It is ideal for trading firms, service providers, contractors, and other partnership-based businesses requiring frequent banking transactions.

Benefits

• High transaction limits
• Multiple authorized signatories’ facility
• Overdraft facility (subject to eligibility)
• Mobile banking access
• NEFT/RTGS/IMPS fund transfer services
• SMS and email transaction alerts
• Efficient management of business finances
• Enhanced credibility with customers and suppliers

Document Checklist

• PAN Card of the Partnership Firm
• Partnership Deed (certified copy)
• Registration Certificate (if registered firm)
• KYC documents of all partners (ID & address proof)
• Passport-size photographs of partners
• GST Registration (if applicable)
• Any additional documents as per bank norms