Overview

Proprietorship Firm

A Current Account for Proprietorship Firms is designed to meet the day-to-day banking needs of small businesses owned and operated by a single individual. It offers flexibility, convenience, and seamless transaction facilities to help manage business finances efficiently.

This account is ideal for traders, shop owners, freelancers, consultants, and small business entrepreneurs who require frequent transactions and smooth cash flow management.

Benefits

• Unlimited or high-volume transactions
• Overdraft facility (subject to eligibility)
• Mobile banking services
• NEFT/RTGS/IMPS fund transfer facilities
• SMS and email transaction alerts
• Easy management of business income and expenses
• Professional credibility for your business

Document Checklist

• Proprietor’s PAN Card
• Aadhaar Card or other ID proof
• Address proof of proprietor
• Proof of business (GST certificate, Shop & Establishment license, MSME registration, etc.)
• Passport-size photographs
• Any other KYC documents as per bank norms