Current Account

Key Features

  • Minimum Account Balance required is Nil
  • 2 Way Sweep for liquidity and higher returns
  • Free-up country cheque collection for 13 locations
  • Personalised Cheque book

At Kotak Mahindra Bank, we know how critical it is for your business to have quick and timely access to funds. We also understand how important smooth and seamless banking transactions are for business relationships.

Our Current Accounts have been designed to help you compete effectively in the contemporary business environment. They include a 2 Way Sweep feature that delivers liquidity combined with higher returns.

Documentation
  • All attestations to be done by Company Secretary/2 Directors/ existing banker/ registered Chartered Accountant.
  • Latest (not more than 3 months old) list of all Directors with their Addresses.
  • Certified "True and Updated" Copy of Certificate of Incorporation.
  • Certified "True and Updated" Copy of Certificate of Commencement of Business (In case of Public Ltd. Co.).
  • Certified "True and Updated" Copy of Memorandum and Articles of Association.
  • Extract of Board Resolution, signed by 2 Directors or Company Secretary with mode of operation & list of authorised signatories with designated powers.
  • Existing Banker's Verification required, if the Certifying director and authorised signatory is same (In case of Pvt. Ltd. Co.).
  • Proof of Form 32 filed along with ROC acknowledgement/Latest printed Balance Sheet giving the names of existing directors, in case of change of Director/s.
Service Charges

For details on charges call us or visit the nearest branch.

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