Tuesday, July 28, 2009

Entity Proof - 1

As was assumed earlier that you would not require to get a service tax regirstation or do any of those tardy and seemingly useless spending, it stands corrected. As a proprietorship firm it is hard to get current account started without an "entity proof" document.

You always get a feeling as if the bank believes that there is a high chance that you would start money laundering at the drop of a hat and that they need to be sure of your distance from clandestine activity that you are secretly planning to launch on an unsuspecting nation, what total crap!.

Well I was unable to get any endorsements for a current account in public sector banks and set out testing the "premium" customer tag i have at the two large private sector banks. The only difference in a premium and a non premium customer is that there would be a person giving you totally unproductive calls in the former case, albeit mumbling about a new product in between your request for some actual help.

The end product is similar except that you may derive some dark pleasure out of confusing a lady on the other end who probably took up the job because the recruitment drive mentioned " outgoing, smart, go getters who love challenges required". Well now you know what the challenge was or better who the "challenged" person is.

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