Smart Business Account 2.0 Ivy

A very special Smart Business Account that offers special privileges to high end businesses! It adjusts itself with your business cycle and gives you offerings with a minimum Quarterly Average Balance (QAB) of only Rs 10,00,000.



Features & Benefits

  • No non maintenance charges on Quarterly Average Balance (QAB)
  • Dynamic cash deposit, i.e. Anywhere free cash deposit of up to 6 times the maintained MAB or Rs 75 crore, whichever is lower
  • Free cheque collection and payment anywhere across the country
  • Free Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT) transactions
  • Unlimited outward cheque returns, cheque leaves, branch transactions, Demand Drafts (DDs)/Pay Order (POs)
  • Free Business Gold Debit Card.
  • Zero QAB requirement for first 2 quarters if the customer is transaction active on Digital Pack: either Corporate Internet Banking or InstaBIZ app and has done any two of the following transactions online: GST payment, CMS, Debit Card (through POS), Connected Banking, Bill Pay within 2 months of opening the account.
  • Free 100 IMPS transaction per month for every Rs 1 lakh of balance maintained.
  • Asset Linked - Lifetime Zero QAB till auto debit for EMI is active in the account
  • Connected Banking - Lifetime Zero QAB when throughput through connected banking is more than or equal to Rs 25,000 for the quarter

View detailed features & charges


You are eligible if you fall under any of the following categories and have businesses to run:

  • Resident Individual
  • Sole Proprietorship Firms
  • Hindu Undivided Family (HUF)
  • Partnership Firms and Limited Liability Partnerships (LLPs)
  • Private and Public Limited Companies and One Person Companies (OPCs)
  • All other entities eligible to open Current Account.