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Get the free Start Up Current Account with effect from April 01, 2016

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Start Up Current Account with effect from April 01, 2016, Cash services free limits ProductMAB1Deposit base2 and nonbase location (Rs)Withdrawal base location (Rs)Noncash services free limits Withdrawal
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How to fill out start up current account

01
To fill out a start up current account, follow these steps:
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Research and choose a bank that offers start up current account services.
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Gather all the necessary documents such as identification proof, address proof, and business registration documents.
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Visit the selected bank's branch or their online banking portal.
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Request the start up current account opening form and fill it out with accurate information.
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Attach all the required documents along with the filled-out form.
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Submit the form and documents to the bank.
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Pay any applicable fees or minimum deposit required to open the account.
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Wait for the bank to process your application.
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Once your start up current account is approved, you will receive the account details and can start using it for your business needs.

Who needs start up current account?

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Start up current account is beneficial for:
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- Entrepreneurs who are starting a new business venture.
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- Small business owners who want to keep their personal and business finances separate.
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- Startups that require a dedicated account for managing their transactions.
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- Freelancers and self-employed individuals who want to streamline their financial management.
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- Companies looking for specialized banking services tailored for start ups.
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- Individuals who want to take advantage of business-specific features and benefits offered by banks.
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A start up current account is a bank account specifically designed for new businesses to manage their day-to-day financial transactions.
All new businesses or start-ups are required to file for a start up current account to keep track of their financial activities.
To fill out a start up current account, new businesses need to provide basic information such as company name, address, contact details, and identification documents.
The purpose of a start up current account is to help new businesses manage their finances, track transactions, and separate personal and business expenses.
Information such as deposits, withdrawals, payments, and account balances must be reported on a start up current account to ensure accurate record-keeping.
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