Master Current Account - Business
Special Collection Current Account
Show More
SME Fixed DepositsSME Government SchemesApply OnlineExternal Benchmark based Lending Rate(EBLR) for MSME LoansOnline Lead StatusContact Details of AGM SMEsList of SME Intensive BranchesDigital collection ProductsDigital LoansLoan Against PropertyTransport Vehicle loansSupply Chain FinanceEnergy Efficient ProductsOther Business Loans
Features , Benefits and Advantages
- MAB : Rs.100000/- F
- Free Monthly Cash Deposit limit : Rs.10 lakh per month (Inclusive of cash deposited in CDM, Recycler, GCC, Home & Non-Home Branches) Card rates as under will be applicable for deposit above free limits. ₹0.75 per ₹1,000/- + GST Minimum ₹50/- + GST, Maximum ₹20,000/- + GST
- Maximum Cash Deposit Limit at Non- Home Branch : Rs. 2 Lakhs per day
- Cheque Book facility: Not allowed
- Mode of Collection : Cash, Cheque, Draft RTGS, NEFT, IMPS, Payment Gateway etc.
- Collection through Insta Deposit Card : Allowed
- ATM : Not allowed
- INB : View rights only
- Payment of cash : Not allowed
- ECS Debit Mandate : Not allowed
- Bulk Debit transactions : Not allowed
- Issuance of DD/BC on customer request : Not allowed
Charges
- Charges for Non-maintenance of Minimum MAB : Rs.2000 +GST per month
- Annual Account Keeping Applicable : As per card rate
- SMS Alerts : As per card rate
- All other Charges applicable : As per card rate
- Statement of account on email : Allowed
- Settlement of fund from Collection Current Account to Main Account: Settlement of funds will be done through either End of Day sweep facility to Main Account or home branch will make RTGS/NEFT to main account.
Last Updated On : Friday, 22-11-2024
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above
Current Account
Limited Time Offers - Unlimited Joy
Criteria
- Features
- Eligibility
- Terms and Conditions
Interest Rates
2.70% p.a.
less than Rs.10 Cr. w.e.f 15.10.22
3.00% p.a.
Rs.10 Cr. and above w.e.f 15.10.22
2.70% p.a.
Balance below Rs. 10 crs
3.00% p.a.
Balance Rs. 10 crores and above