Can Propretor open saving account (in the name of properitary firm name) instead of Current account ?
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Can proprietor open saving account in proprietary name?
Replies (7)
Yes he can
| Originally posted by : Ankit Dodiya | ||
 |
Can Propretor open saving account (in the name of properitary firm name) instead of Current account ? |  |
No.... Not available in the name of Proprietory Firm's name...
He can open only his name...
Why he can not? any rules provision regulations for the same?
Properitory firm is a business organization & business organizations have current account and not saving account.
yes he can .for example he is retir
Anybody is no...
It's a business name...
SB account only to individual and it's interest and transactions are based only to individuals. Not to any entity name....
If you want details or exact reply ask to Bank...
It's a business name...
SB account only to individual and it's interest and transactions are based only to individuals. Not to any entity name....
If you want details or exact reply ask to Bank...
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