*(having valid Startup Certificate of Recognition (CoR) issued by Ministry of Commerce and Industry, Government of India, Department for Promotion of Industry and Internal trade)
Monthly Average Balance
There is no need to maintain MAB upto 12 calendar months from account open month.
-Waiver of POS machine installation charges
-20% concession on monthly rental on all types of POS machine.
Corporate Internet Banking
Monthly statement of Account
Duplicate Statement of Current Account
Rs. 100/- + GST per page (40 entries)
Free Multicity Cheque Leaves
100 Multicity Cheque leaves free in a Month.
§ Cost of Extra Cheque Leaves Above Free Limit:-
- Rs.3/- + GST per cheque leaf.
- 25 Leaf Cheque Book at Rs 75/- +GST
- 50 Leaf Cheque Book at Rs 150/- +GST
Transfer of Account to other Branch
Over Draft Facility
Free Monthly Cash Deposit
Free Upto Rs 15,00,000/- per month including Home/Non-Home Branch, CDM/Recycler, GCC etc.
Above the free cash deposit limit:
Rs. 0.75 per 1000/-+ GST
Minimum Rs. 50/- + GST;
Maximum Rs.20000/- + GST
Cash Deposit at Non-Home Branch
Maximum limit for deposit of cash at Non-Home Branch is Rs. 5,00,000/- per day.
Cash Withdrawal at Home Branch
Cash Withdrawal at Non-Home Branch
Maximum Rs.1,00,000/- per day through cheque and by self only.
Free Demand Draft
Free 10 DD/BC per month.
After free DD/BC limit:
Upto Rs. 5000 :- Rs. 25/- (incl. GST)
Above Rs. 5000/- upto Rs. 10000/- :- Rs. 50/- (incl. GST)
Above Rs. 10000/- upto Rs. 100000/- :- Rs. 5/-(incl. GST) per Rs. 1000/- (Min. Rs. 60 incl. GST)
Above Rs. 100000/- :- Rs. 4/-(incl. GST) per Rs. 1000/- (Min. Rs. 600 incl. GST Max 2000/- inc. GST)
Business Debit Card
Free Pride Business Debit Card
Free Insta Deposit Card for deposit of cash
-Through Net Banking/Mobile banking: - UNLIMITED FREE
-At Branch: -
-Upto Rs. 10000: Rs. 2.50/- + GST
-Above Rs 10,000/- and upto Rs 1.00 lakh: Rs 5/- + GST
-Above Rs 1.00 lakh and upto Rs 2.00 lakh: Rs 15/- + GST
-Above Rs 2.00 lakh: Rs 25/- + GST
Net Banking/Mobile banking:- UNLIMITED FREE
- From Rs. 2 Lacs to Rs. 5 Lacs: Rs 25 + GST
- Rs. 5 Lacs Above: Rs. 50 + GST
Out Station Cheque Collection
Upto Rs. 10000/- :- Rs. 50/- +GST
Above Rs. 10000/- upto Rs. 1.00 Lakh :- Lakh Rs. 100/- +GST
Above Rs. 1.00 Lakh :- Rs. 200/- +GST
Non-maintaining of MAB
No charges for non-maintenance of MAB upto 12 calendar months from account open month.
Thereafter, Rs.1000/- per month +GST
Account Keeping Charges
Rs.550/- + GST Per Financial Year
Current Account Closing Charges
- Upto 14 days of Opening: NIL
- After 14 Days upto one year:-
- At Rural Branches: Rs. 400/- + GST
-Other than Rural Branches: Rs.600/- + GST
Above one year: Nil
Any other charges applicable
As per card rate**
** For further information on Shubharambh - Startup Current Account, Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free), 18004253800 (Toll Free), 08026599990 (Charges Apply).
Last Updated On : Saturday, 21-05-2022
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