Vicoba Accounts are special accounts designed to capture the need & interest of VICOBA groups & members.The accounts are Opened to groups & members practicing VICOBA model under different Apex bodies.Members can transact direct to their group members & vice versa through mobile phone.

Requirements

• An introduction letter from the Apex of the VICOBA (those under Apex) with photos of the leaders of VICOBA
• List of members of the VICOBA with their signatures
• Appointment of signatories of the account made in a group meeting
• Minutes of the group meeting appointing signatories and a resolution to open an account with the bank
• Photo of signatories of the account
• Constitution of the group (if available)