Ravi’s Gadgets

Opening a Checking account or a Currnet account in India is quite simple. Just to to the registrar of companies, and register a proprietory company as a small scale industry, and collect a provisional certificate that is valid for about 5 years. Go straight to the bank, carry the certificate copy, and they will give you the account within a giffy. However, after 5 years, you will have to make your license permanant, or close the bank account and open it afresh.

But registering the company after the 5 year term shouldnt be a tough job, and it is better to do that instead of closing the account and starting a new one. Also, go only to nationalized banks, whith core banking preferably. State Bank of India is a good bank.