Overview

This account is suitable for charitable trusts, religious trusts, and non-profit organizations registered under applicable laws and societies registered under the Societies Registration Act and companies registered under the Companies Act to manage business.

Benefits

• Multiple authorized signatories
• High transaction limits
• Mobile banking facility
• Overdraft facility (subject to eligibility)
• Multiple signatory operation

Document Checklist

• Trust Deed / Society Registration Certificate / Certificate of Incorporation
• PAN Card Trust / Society / Company
• Resolution for opening account
• KYC documents of trustees / office bearers / directors of company
• Photographs of trustees / office bearers / directors of company
• GST Registration (if applicable)
• Memorandum of Association / Bye-laws / Articles of Association (MOA & AOA)