Shubharambh Current Account - Business

1.

Monthly Average Balance

Rs.20000/-

There is no need to maintain MAB upto 12 calendar months from account open month.

2.

POS Machine

-Waiver of POS machine installation charges

-20% concession on monthly rental on all types of POS machine.

3.

Corporate Internet Banking

Free

4.

Monthly statement of Account

Free

5.

Duplicate Statement of Current Account

Rs. 100/- + GST per page (40 entries)

6.

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

7.

Transfer of Account to other Branch

Free

8.

Over Draft Facility

Nil

9.

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

10.

Cash Deposit at Non-Home Branch

Maximum limit for deposit of cash at Non-Home Branch is Rs. 5,00,000/- per day.

11.

Cash Withdrawal at Home Branch

Unlimited Free

12.

Cash Withdrawal at Non-Home Branch

Maximum Rs.1,00,000/- per day through cheque and by self only.

13.

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)

14.

Business Debit Card

Free Pride Business Debit Card

Free Insta Deposit Card for deposit of cash

15.

NEFT

-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

16.

RTGS

Net Banking/Mobile banking:- UNLIMITED FREE

-At Branch

- From Rs. 2 Lacs to Rs. 5 Lacs: Rs 25 + GST

- Rs. 5 Lacs Above: Rs. 50 + GST

17.

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

18.

SMS Alerts

Free

19.

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

20.

Account Keeping Charges

Rs.550/- + GST Per Financial Year

21.

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

22.

Any other charges applicable

As per card rate**