Please Help: current account
Posted Date : 17-Aug-2011 , 12:01:39 pm | Posted By Ankur jain
how to open a current account of sole proprietor. what are the requirements.
hence sole prop. needs not to get register
hence sole prop. needs not to get register
Category : Finance | Answers : 1 | Comments : 2 | Hits : 420
Answers
Answer By: CA. SURESH Kr. AGARWAL
Dear if you are having a sole proprietor firm you need to submit:
1. Firm certificate.
2. Copy of PAN card.
3. Address proff of Proprietor/firm.
1. Firm certificate.
2. Copy of PAN card.
3. Address proff of Proprietor/firm.


Comments
CA VIPIN GARG
17-Aug-2011 , 12:21:58 pmDear Ankur there is no special requirement to open the current account for a sole properitor. Bank just require the address proof and ID proof of the sole proprietor. If you r doing the business on rented property then, you have to furnish the rent agreement additionally. There is nothing special there...... Hope you will find the answer you are looking for.....
CA Rajnish
17-Aug-2011 , 12:38:24 pmVipin rightly said,Ankur ji just take ID/Addrss proof/ letter of Shop registration under any act/PAN and Photo etc.