I am eager to start my new small business with less investment. I am thinking to open a new business account. I found to open a new business, it will take a minimum amount is 1 lakh. Is that true? can anyone tell me how I can open a new account for my small business in any bank?
27 April 2009
You can start a current account with as much low as Rs.5000/- do not go for a banks like icici or hdfc. Go to banks like canara bank or andhra bank or syndicate bank ask for ordinary current account. It will be rs.5000 only. This will help you to start your business.
27 April 2009
but do they ask for this type of material. like MOA / Board resoulution etc. Does this bank will simply ask to fill the form with simple my address proof? thanks in advance
27 April 2009
but do they ask for this type of material. like MOA / Board resoulution etc. Does this bank will simply ask to fill the form with simple my address proof? thanks in advance
CAclubindia
