Point of Sale (POS)
machine

Disclaimer:

^ Waiver of rental up to Rs 600/- per Quarter per account is subject to maintenance of Rs 1 lakh of AQB (Average quarterly balance) and monthly effective rental equal to or above Rs. 400 (excluding GST) per terminal per month. Customers with outstanding charges/Lien marked in the account will not get the benefit of rental reversal. If POS is discontinued, this offer will not be applicable and necessary balances need to be maintained as per defined GSFC. This is applicable only on Pro Current Account variant.

• POS / QR Installation Address Proof
  
  
• Photograph of Shop/Business Premises
  
  
• License Document/Copy of Shops and Establishments Act Certificate
  
  
• POS Board Resolution/Partnership Authority Letter/TASC Resolution
  
  
• Bank Statement of six months(for new customers)
  
  
• Latest Audited Financials (if available)
  
  
• Latest available IT Returns of one year

Note: Complete Know Your Customer (KYC) needs to be furnished for the opening of Current Account of new customers. In case of non-availability of the above documents, please contact your bank official for a complete list of acceptable documents.