Current Account Address Change in Union Bank Of India

A Current Account is an account that is specially designed for Businessmen, Traders and Professionals. It usually allows unlimited number of transactions daily. As the address mentioned on your Union Bank Of India account serves as a proof of address & to get any important communication from the bank, you must keep your address up-to-date. If you are already having your Current bank account in Union Bank Of India, you may require, at some point of time, to change your address in your account with Union Bank Of India. It is always good for all the customers to check the address and keep it up to date in their bank accounts in order to avoid any problem.

Why to Change the Address in Union Bank Of India Account?

You need to change your address so that:

  • You don't miss out any important communication sent by the bank to your address.
  • Address mentioned in bank's statement or bank passbook is accepted as Proof of Address.
  • Banks send Debit Card or PIN or Cheque Book or Statement of Account on this address only.

Reasons behind Changing the Address in Union Bank Of India Account

You may want to change or update your address in your account in any of the following situations:

  • Your correspondence address is changed now.
  • Old address is still appearing in your bank account.
  • Your address appearing in your account is incorrect or incomplete.
  • Your address in your bank account is not appearing at all.
  • You may have shifted to a new location.
  • Someone else's address is appearing in place of your address.
  • Any other reason

In order to change address your Current account, you may be interested to know how to change Address in Current Account in Union Bank Of India? It's very easy to get your address changed in your account and you just need to follow a few steps for the same.

In order to change signature your Current account, you may be interested to know how to change Signature in Current Account in Union Bank Of India? It's very easy to get your signature changed in your account and you just need to follow a few steps for the same.

How to Change Address in Current Account in Union Bank Of India?

If you have a Current account with Union Bank Of India and interested to know how to change the address in your account, then following are the steps will have to follow:

(1) Visit Bank's Home Branch of your Current Account

You need to visit the home branch of your account along with a copy of your Proof of new address.

(2) Fill up the Change of Address Form (KYC Details Change Form) of Union Bank Of India

In order to change address your bank account, the first step is to fill up Change of Address Form. This is also known as "KYC Details Change Form". Mostly banks have their standard KYC Details Change form.

You can either download it from bank's website or alternatively, you can visit your HOME branch, get the Change of Address (KYC Details Change) Form and fill it up properly. After that you need to sign it and submit it to the branch manager/ officer-in-charge. Please note that all the authorised signatories need to sign the Change of Address Form. You need to affix the stamp of your Firm/Company/Trust/HUF/etc. on this form.

You are also required to mention old address along with the new address in this form. Don't forget to mention your contact number in this form.

(3) Cross check the details filled in the Change of Address Form

Before submitting the address change form, you must cross check the details filled in the form. You need to confirm whether following required fields have properly been filled n by you:

  • Bank Account Number
  • Name of Account Holder/s
  • Type of Account
  • Old Address
  • New Address (As per proof attached)
  • Contact Number

It is very necessary to check these details, so that there won't be any problem for your bank to change/ update your address.

(4) Attach Proof of New Address to Change of Address Form

You need to attach a self certified copy of proof of new address to the Change of Address form. You need to affix the stamp of your Firm/Company/Trust/HUF/etc. on this copy. The new address proof should be in the name of the account holder. The new address proof can be Latest telephone bill or electricity bill (not older than 3 months), Certificate of Incorporation (having address), etc. In case of companies, the banker may also ask for a board resolution for change of address.

The banker verifies the documents submitted by you and if he/ she finds all the things are correct he will accept your application. After due verification of the credentials, your banker will process the request .

You may ask your banker as to how much time will it take to change your address in your bank account so that you can confirm address change is affected after that time.

(5) Confirm the address is changed in your account

You must confirm that the address is changed in your account either through phone call or through visiting your branch

(6) Get new address printed in your bank's Passbook

You should get new address printed in your bank's Passbook once it is updated in your bank account.

If you follow above steps, you would be able to change the address in your bank account in a hassle free manner.

Documents Used as a Proof of Address for Business

  • TAN (Tax Deduction and Collection Account) allotment letter by the Income Tax
  • Existing bank account statements
  • Utility Bill in the name of business house
  • Property registration documents
  • Property Tax/Water tax bills
  • Title deeds to the property/rental registration documents

Important Points regarding Change of Address in Union Bank Of India Current Account

  • For change of address in your Current account, you need to visit that branch of the bank where you had opened your account.
  • Don't forget to bring the original documents for bank's verification purpose.
  • Must affix the stamp of your Firm/Company/Trust/HUF/etc. on the copy given as proof of new address.
  • The address mentioned in Change of Address Form should exactly be the same as that of proof given.
  • All the account holders should sign the Change of Address Form.
  • Don't forget to mention your contact details like mobile number, even if it's not changed.
  • Don't forget to confirm that the address change in your account is affected.
  • Get your changed address printed/ updated in your bank passbook.
  • Take an acknowledgement of request given for change of address from the bank.

More Operations of Current Account

Union Bank Of India Current Account Document Required
How to Open Current Account in Union Bank Of India
How to Close Current Account in Union Bank Of India
How to Transfer Current Account in Union Bank Of India
Current Account Address Change in Union Bank Of India
Current Account Signature Change in Union Bank Of India