A Current Account suitable for local businesses that ensures smooth running of your business with a minimum Quarterly Average Balance (QAB) commitment of only Rs 25,000.
Features & Benefits
- Anywhere free cash deposit up to Rs 2.5 lakh per month or 25 transactions, whichever is lower
- Free cheque collection and payment anywhere across the country
- Free online transactions through Real-Time Gross Settlement (RTGS) and National Electronic Funds Transfer (NEFT)
- Free 75 branch transactions per month
- Free 100 cheque leaves per month.
- 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.
- 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
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.
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