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Current Account

  • Current Accounts can be opened by Individuals /Sole Proprietors  / Partnership Firms / Private and Public Limited Companies / HUFs / Specified Associates / Societies / Trusts, Departments of Authority created by Government (Central or State), Limited Liability Partnership, etc
  • Account Opening and Operation of Deposit Accounts: Bank shall carry out due diligence as required under "Know Your Customer" (KYC) guidelines issued by RBI, Anti Money laundering rules and regulations and or such other norms or procedures adopted by the Bank“Current Account” means a form of non-interest bearing demand deposit where withdrawals are allowed any number of times.
  • Current Deposit Account, the bank shall stipulate certain minimum balances to be maintained as part of terms and conditions governing operation of such accounts.


 * Nomination facility is available on all deposit accounts opened by individuals. Nomination is also available to a sole proprietary concern account. Nomination can be made in favour of one individual only. Nomination so made can be cancelled or changed by all the account holder(s) any time.


“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”