Maintenance of Deposit accounts in Coperative Urban Banks

quasi-government bodies) are exempt from the requirement of photographs.

(v)                  The photographs need not be obtained for borrowal accounts viz. Cash Credit. Overdrafts accounts, etc.

(vi)        The banks may not insist for photographs in case of accounts of staff members only (Single/Joint).

Address of Account Holders
It is not proper for banks even unwittingly to allow themselves to be utilised by unscrupulous persons for the purpose of tax evasion. Therefore, banks should obtain full and complete address of depositors and record these in the books and the account opening forms so that the parties could be traced without difficulty,