DEPOSITS
 

OPENING OF DEPOSIT ACCOUNTS

Branches while opening an account will satisfy themselves on appropriate customer i.e. verifying identity and obtain documents required in addition to account opening form.

The customer identification will be on the basis of documents provided by the customer as (a) proof of identity and (b) proof of address. Prescribed application form along with photographs of the customer will invariably obtain in all cases.

(a)Proof of identity (any of the following with authenticated photographs thereon ) :

i) Passport
ii) Voter ID Card
iii) PAN Card
iv) Govt./Defence ID Card
v) ID Cards of reputed employers
vi) Driving License.
 

(b) Proof of current address (any of the following)

i) Credit Card Statement
ii) Salary Slip
iii) Income / Wealth Tax Assessment Order
iv) Electricity Bill
v) Telephone Bill
vi) Bank Account Statement
vii) Letter from reputed employer
viii) Letter from any recognized public authority
ix) Raton Card

The above set of documents will normally suffice to establish both the identity and the correct address of the applicant. Where ever this is not so (e.g. PAN Card and Salary /Slip together may not provide proof of address) applicants will be asked to give additional documents e.g. a letter from the employer giving the correct address, credit card statement etc.

In case of Joint accounts, applicants who are not closely related to each other would be required to establish their identity and address independently.

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