Current Account

• Minimum Deposit of Rs. 5000/-
• We offer 25, 50 & 100 pages cheque book.
• We offer nomination facility for all individual accounts and proprietary concern accounts.
• We offer monthly, Quarterly, half yearly, Yearly and periodical statement to our Customers for their reconciliation purpose or any other purpose

We are member of Deposit Insurance and Credit Guarantee Corporation, hence customer's deposits are insured up to Rs. 1 Lac.

• Every Depositor mist have to fulfill KYC norms as per RBI directives.
• The Customer has to give all the valid proof before opening an account under KYC norms as per RBI Guideline.
• The Bank's management having full right to close the account if account holders does not keep sufficient balance to cleat inward cheque or ECS.
• The customers must have to preserve safely his/her cheque book in custody. The bank is not responsible for any misuse of cheque book.
• Stop payment of particular cheque's facility is available but the customer has to keep sufficient balance to match the cheque amount then only cheque will be returned with the reason of stop payment and stop payment charge will be levied from the account.
• The Bank having all rights of appropriation, set off, lien and change the rules and regulations.
• No interest will be paid in Current Account.

• Account opening form duly filled in & Signed by the personal /Individual /Proprietor /Partner /Directors/Trustees/Office-bearers of club etc.
• Two photographs, ID of proprietor/Partners/Directors/Authorized persons.
• Address proof of Proprietors/Partners/Directors/Authorized/persons
• Copy of PAN CARD of firm, company, trust, society and individual.
• Declaration regarding credit facility availed, if any, from another Bank.
• Copy of partnership Deed or partnership letter (in case of partnership firm)
• Joint Hindu Family letter and pan card. (in case of HUF firm)
• Copy of registration certificate/Licenses issued by any two concerned Govt. dept. (For example- Vat license, Drug license/Food license/Shop & co. Est. Registration Certificate. Certificate of registration with Nager Nigam/K.U.M. Samite), etc.
• The certified copies of bye-laws, registration certificate, resolutions passed for opening of account, election of office-bearers, Names of authorized persons to operate the Account etc. (in case of Club/Trust/Society/Association etc.

• Copy of Certification of incorporation.
• Copy of certificate of commencement of Business ( for public limited companies only)
• Copy of Memorandum of Association and Articles of Association.
• Certified copy of resolution passed by BOD regarding opening of account with UMUCB and authorizing the signatories to operate the said.