“Suvas”, 1st Floor, Junagadh Raod, Veraval – 362266.

Experience personalized banking services tailored to your needs. From savings accounts and loans to investment options, we offer a wide range of solutions.

To satisfy safe investment needs of the customers The Veraval Mercantile Co-operative Bank Ltd. provides various type of fixed deposit facility with different time band and on attractive interest rates.

  • Simple Fixed Deposit
  •  Interest payout on Monthly or Quarterly basis as per depositor’s instruction.
  •  Ideal Scheme for pensioners, retired, senior citizens.
  •  Re-Investment
  •  Interest is re-invested & compounded on quarterly basis
  •  Single Term Deposit
  •  Interest rate is higher on Single Bulk Deposit of Rs. 25 Lakh and above.
  • 0.50 % More Interest on Senior Sitizen Deposit for tenure 1 yeat and above.
  •  Deposit period From 15 Days to 10 year.

Deposit up to Rs. 5 lakh is cover under Deposit Insurance & Credit Guarantee Corporation (DICGC) policy.

  • Documents For Individual Current Account

  • PAN or FORM 60 ( Mandatory )
  • 2 Passport Size Photo
  • Income Tax Return
  • Any one from below

  • Passport
  • Driving License
  • Aadhar card/Proof of possession of Aadhar Number
  • Voter's Identity card issued by the Election commission Of India
  • Job card issued by NREGA duly signed by an officer of the state government
  • Letter issued by the National Population Register containing details of Name and Address
  •  

    Documents For Proprietorship Account

    Any two entity proofs from the below mentioned Documents

  • Registration certificate
  • Certificate/licence issued by the municipal authorities under Shop and Establishment Act
  • Sales and income tax returns
  • 36CST/VAT/ GST certificate (provisional/final)
  • Certificate/registration document issued by Sales Tax/Service Tax/Professional Tax authorities.
  • IEC (Importer Exporter Code) issued to the proprietary concern by the office of DGFT or Licence/certificate of practice issued in the name of the proprietary concern by any professional body incorporated under a statute
  • Complete Income Tax Return (not just the acknowledgement) in the name of the sole proprietor where the firm's income is reflected, duly authenticated/acknowledged by the Income Tax authorities
  • Utility bills such as electricity, water, landline telephone bills, etc.
  •  

    Documents For Partnership Account

    List of self-attested documents & details to be submitted for Partnership firm

  • Partnership deed
  • Registration certificate (Only for Registered Firm)
  • Partnership Firm's PAN card
  • Address proof in the name of the firm
  • Beneficial Owner Declaration Form
  • Documents relating to Beneficial Owner
  • All KYC's of Partners
  •  

    Limited Liability Partnership

    List of self-attested documents & details to be submitted for Limited Liability Partnership firm

  • LLP Agreement
  • Certificate of Incorporation
  • PAN of Limited Liability Partnership
  • Address proof in the name of the firm
  • Resolution from partners to open and operate bank account
  • Beneficial Owner Declaration Form
  • Documents relating to Beneficial Owner
  •  

    Private Limited / Public Limited Company

    List of self-attested documents & details to be submitted for Pvt./Public ltd companies

  • Certificate Of Incorporation
  • Company's PAN card
  • Memorandum Of Association
  • Articles of Association
  • Resolution from Board of Directors
  • Address proof in the name of the company
  • Beneficial Owner Declaration Form
  • Documents relating to Beneficial Owner
  • All KYC's of Directors
  • Documents For Trust Account

  • Trust Deed
  • Trust PAN card or Form 60
  • Registration Certificate
  • Resolution of the managing body of the trust
  • KYC documents of Trustees
  • PTR copy
  • Address proof in the name of the entity
  • Beneficial Owner Declaration Form
  • Documents relating to Beneficial Owner
  • Documents For Society Account

  • Resolution of the managing body
  • PAN card or Form 60
  • Address proof in the name of Society
  • Beneficial Owner Declaration Form
  • Documents relating to Beneficial Owner
  • Power of Attorney granted to transact on its behalf
  • KYC documents of all holders
  • Any Resident Indian solely or jointly
  • Proprietorship Business
  • Partnership Business
  • Pvt. Limited Company
  • Limited Company
  • Any other Institution / Trust / Co-operative Society/ Association of Person(A.O.P) etc.