Sale of Stressed Assets

Savings Account

Documentation requirements for savings account

All you need is a passport size photograph in addition to Identity and Address Proof documents to open your account.

Identity and Address Proof Documents:

  • Aadhar Card
  • Passport
  • Voter’s Identity Card (Election Card)
  • Permanent Driving License which is valid with the photograph affixed
  • Job Card issued by NREGA duly signed by an officer of the State Government

PAN card:

If you have a PAN Card, it is MANDATORY to provide it at the time of account opening. Note that your PAN Card proves who you are(identity) but does not carry your address.Your PAN card makes a lot of transactions very easy. Booking deposits greater than 50000, buying and selling mutual funds and shares,and many others. It assures us that your transactions are Income-Tax compliant. This is why it would be great for you if you added your PAN card to the Account Opening Documentation. 

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