FAQs

Can I get the benefit of Verified by Visa/ MasterCard SecureCode security at online stores that are not participating in the service?

No. you can only get the benefits of Verified by Visa/ MasterCard SecureCode at the participating online stores. However a number of online stores have the service available to them. In the meantime, if an online stores you trust is not yet participating; you can perform the transaction using NetSafe.

Must I open an account in each location where I have my company office?

No. As a Premium Current Account holder you have the advantage of a single account, multi-location banking facility.

What is the general documentation requirement to open an Institutional Savings Account?

The following documents are required:

• Account opening form for non-individuals to be completed and signed by all authorized signatories
• Registration proof with any state regulatory authorities
• Certificate of Registration with the Local Charities Commissioner (for charitable trusts)
• Income Tax registration u/s 12A for entities as specified in RBI circular
• Certified Copy of the Trust Deed / Bye-laws / MOA/ Constitution
• Proof of address of the Trust
• Certified Copy of the Resolution from Board of Trustees / governing body defining who is going to be the authorized signatory in the account / authorizing the opening and conduct of the account
• Proof of appointment of present Trustees/ governing body members in case they are not listed in the Trust Deed / bye-laws / constitutional document
• PAN Card / Form 60 as may be applicable
• FCRA declaration for receipt / non-receipt of foreign contribution into the account
• Proof of identity and photographs of all trustees authorised to operate the account