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Eligible Customers
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All entities eligible to open Current Account
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Additional eligibility
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Entities having valid Start-up Certificate of Recognition (CoR) issued by Ministry of Commerce and Industry/ Government of India/ Department for Promotion of Industry and Internal trade and State Govts.
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Monthly Average Balance
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Minimum Balance waiver upto 24 months;
After 24 months, Monthly Average Balance - Rs 25,000/-
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Digital Transaction
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Online Transaction Free through IBS/ MBS
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Folio Charges
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Free
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SMS Alerts
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Free
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Cash Handling Charges
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Free cash deposit - Rs 15 lakh per month or 20 times of MAB maintained whichever is higher; subject to maximum capping of Rs 1.00 Crore
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Free cash withdrawal - Rs 15 lakh per month or 20 times of MAB maintained whichever is higher; subject to maximum capping of Rs 1.00 Crore
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Point of sale (POS)/Quick Response(QR)/ Sound Box
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POS Services –
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Installation – Free
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Monthly Rental - 25% discount in monthly rental charges
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Quick Response (QR)-
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Installation – Free
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Rental – Free
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Sound Box-
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Installation – Free
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Monthly Rental - 25% discount in monthly rental charges
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Cheque Book
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100 Cheque Leaves free per month
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Demand Draft
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10 Demand Drafts free in a month
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Debit Card
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Free Issuance - Master/ RuPay Business Debit Card
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Signature/ Photo Attestation, Balance Certificate, Statement of Account
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Free
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Locker
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Annual locker rent waived for 1st year for one small locker
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Upfront Fee
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100% waiver in HL/ VL - Individual/ Partner/ Director; in case MAB of Rs 25000/- is maintained
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Credit Card
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As per the eligibility of the customer
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