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Board resolution for opening current account availing banking facilities

Opem creent of bord com 2026

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4.9 out of 5

52 votes

The document is a Board Resolution authorizing the opening of a Current Account with ICICI Bank for the company. It outlines the responsibilities and powers granted to specific individuals for managing the account, including signing authority, transaction limits, and operational modes such as Internet Banking and Phone Banking. Additionally, it permits the company to avail various banking facilities like overdrafts and loans, secured by fixed deposits. The resolution emphasizes that transactions conducted under these authorizations are binding on the company.

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Click ‘Get Form’ to open the opem creent of bord com document in the editor.
Begin by filling in the company name and date at the top of the form. Ensure accuracy as this information is crucial for identification.
In the resolution section, specify the authorized signatories for the current account. Clearly indicate whether they will act jointly or severally by striking off the option that does not apply.
Complete the sections regarding banking instructions, including limits for transactions and modes of operation such as Phone Banking or Internet Banking. Fill in names and limits as required.
Review all entries for correctness before finalizing. Once satisfied, save your changes and proceed to download or share your completed document directly from our platform.

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Versions	Form popularity	Fillable & printable
2019	4.2 Satisfied (27 Votes)
2012	4.9 Satisfied (52 Votes)

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