Demands on Opening a Bank Account at Central Bank of India

Savings account is an useful tool to save money regularly and securely. With savings account you can enjoy some benefits given by the banks like interest on deposits and special privileges for bank clients.

In India, there are numerous banks you can choose to open a savings account such as Central Bank of India. It is a government-owned nationalized bank and is one of the earliest and biggest financial banks in India based in Mumbai. The bank currently has 3,563 branches and 270 annex counters all over 27 Indian states.

In opening for a savings account in Central Bank of India, you should have the full demands prior to going to the bank. It would be more appropriate to ready all necessities prior to going to the bank. You may see in the list underneath.

1. In order to authenticate the proof of identity of the customer, you should produce photocopies and the original of any one of the preceding documents:

a. Driving Permit

b. Voter ID Card

c. Passport

d. Government or Defense Card

e. PAN Card

f. ID card issued by a reputed employer

2. For proof of address, you must bring authentic and photocopy of any one of the following credentials:

a. Letter from any recognized public authority

b. Letter from a reputed employer

c. Bank Account Bill

d. Telephone Account of charges

e. Ration Card

f. Income Tax or Wealth Tax Assessment Order

g. Salary Slip (with address)

h. Electricity bill

3. Proof of Date of Birth

a. For Minor – Birth certificate given forth by Gram Panchayat/ NAC (Notified Area Committee) /Municipal Corporation

b. For Senior Citizen- Passport/ Voter ID Card/ Driving License/ PAN Card/ Service Discharge Certificate/ PPO in case of Pensioner

4. Two recent pictures (2.5 cm x 3.5 cm)

5. In case of illiterate applicants, Thumb Impression (TI) to be place and verified

6. For launching of accounts of minors, where proof of identity or address is not ready for use, should be similar with the father, mother or natural Guardian

Central Bank of India is a common bank all over India with main office based in Mumbai. It has different bank products catered for all banking necessities such as investments, loans, credit cards, mortgages and many more.

The above lists are the most ordinary demands in applying a savings account in India. Prior to going to the bank, you must ready first and bring all the documents to encounter a fast and smooth processing of your savings account application in Central Bank of India.

Bert Tenorio is a finance blogger who likes blogging on financial management, saving, investments and banking like on how to apply a savings account at Central Bank of India, you may visit India Bank blog for quality helpful articles on saving, investing and banking.

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