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Current Account

Current Account

Introduction

Aurangabad District Central Co-operative Bank Business Banking offers comprehensive banking solutions to meet the banking needs of each MSME. We make your banking easy and hassle-free, from a wide range of current account products to convenient banking measures such as paying taxes; Or for those who like simple things, we offer savings account, low maintenance, easy solution for all your banking needs. Open a savings account at any of our bank branches to enjoy all these benefits.

Benefits

  • Current bank accounts are operated to run a business.
  • SMS Alerts.
  • It is a non-interest bearing bank account.
  • It needs a higher minimum balance to be maintained as compared to the savings account.
  • Penalty is charged if minimum balance is not maintained in the current account.
  • It charges interest on the short-term funds borrowed from the bank.
  • The main objective of current bank account is to enable the businessmen to conduct their business transactions smoothly.
  • There is no restriction on the number and amount of deposits.
  • Interest on current accounts.

Documents Required

  • Any other identity, address, entity, document can be accepted subject to the bank's satisfaction.
  • KYC documents should be valid on the date of submission.
  • The above are the Indicative list of KYC documents and are subject to change as per regulatory guidelines and internal KYC Circulars of ADCC Bank.
  • For more information, please visit our nearest ADCC Bank branch.

Terms And Conditions

  • All banking transactions are chargeable at normal charges as published from time-to-time.
  • Any government charges, duties or taxes devolving from the provision of any of the facilities shall, if imposed upon the Bank (either directly or indirectly), be debited from the customer's account.

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