MDCC Bank Current Account is opened by businessmen who have a higher number of regular transactions with Current account can be opened in co-operative bank and commercial bank. In current account, amount can be deposited and withdrawn at any time without giving any notice. It is also suitable for making payments to creditors by using cheques. Cheques received from customers can be deposited in this account for collection.The customers are allowed to withdraw the amount with cheques, and they usually do not get any interest. Generally, current account holders do not get any interest on their balance lying in current account with the bank. Current account holder get one important advantage of overdraft facility.

List of Valid KYC Documents for Account Opening

Permanent Account Number (PAN) or Form 60 is mandatory for opening an account as per the prevailing Reserve Bank of India (RBI) guidelines.

Officially Valid Documents (OVDs) for Individual Accounts:

• Passport
• Voter's Identity Card issued by the Election Commission of India
• Proof of Possession of Aadhaar Card
• Job Card issued by NREGA duly signed by an Officer of the State Government
• Driving Licence with Photograph
• Letter issued by the National Population Register containing details of Name and Address