CURRENT ACCOUNT
We offer a convenient and comprehensive banking experience. Choose from a wide range of current account products for easy and efficient banking for your smart business.

Advance Current Account
Ideal for Manufacturers, Medium Enterprises and Traders. Oh, did we tell you we offer cash deposit limits upto ₹ 25 lakh per month, and a highly secured net and mobile banking, making your experience just EASY!
Features
Sweep FD Facility:
Let the idle funds in your Equitas Advance Current Account make you more money with automatic Sweep In Sweep Out FD.
- Threshold Amount: ₹1,00,000/ -
- Term Deposit Tenure: 90 Days
- No Premature Withdrawal Penalty on Sweep FD
Schedule of Charges for Current Accounts w.e.f 1st June 2020
- Average Monthly Balance (AMB)
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AMB (50% in semi-urban and rural branches or if the proprietor is a woman in metro / urban branches)
Please Note: The Balance Maintenance criteria has been changed from average quarterly balance to average monthly balance₹ 40000 AMB non-maintenance charges If AMB is >50% but <100%, then ₹ 800/- per Month, and if AMB is <=50% then ₹ 1000/- per Month - Grouping with Family Accounts or Business
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Current Account Grouping Up to 2 Current Accounts for the same or lower AMB can be grouped Group AMB for Current Account Grouping Combined AMB of all the accounts in the group Current Account group AMB Non-maintenance Charges If the AMB is not maintained as a group, all accounts which have failed to maintain the AMB will be charged as per the AMB non-maintenance charges of the respective account varaint. Savings Account Grouping (same limit can be utilised for CASA Grouping) Up to 3 Savings Accounts for the same or lower AMB can be grouped Group AMB for CASA Grouping Combined AMB of all the accounts in the group Savings Group AMB Non-maintenance Charges ( FD in lieu of AMB/ debit card spends in lieu of AMB will not be considered for group AMB non-maintenance charges) If the AMB is not maintained as a group, all accounts which have failed to maintain the AMB will be charged as per the AMB non-maintenance charges of the respective account varaint. Cheque book (PAP cheque book of 25 leaves) 3 cheque books free per month Charges beyond free limits ₹ 2 per leaf - Collections
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Local cheque clearing Free Outstation cheque collection charges at bank location Up to ₹ 5000: ₹ 25, Above 5000 and up to and including ₹ 10,000: ₹ 50, Above ₹ 10,000 and up to and including ₹ 100000: ₹ 100, Above ₹ 100000: ₹ 150 Outstation cheque collection charges at non-bank location RTGS inward / NEFT inward / IMPS inward Free - Payments
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Demand Draft and Payorder at branch locations Free up to 15 DDs per month Charges beyond free limits ₹ 50 per DD Demand Draft at non-branch locations ₹ 100 per DD PAP cheque payment Free RTGS and NEFT outward (Free online) NEFT : Upto ₹ 10000/- ₹ 2.25, From ₹ 10001 to ₹ 100000 : ₹ 4.5, From ₹ 100000 to ₹ 200000 : ₹ 14.5,Above ₹ 200000 : ₹ 24.5. RTGS: From ₹ 200000 to ₹ 500000 : ₹ 20, Greater than ₹ 500000 : ₹ 40. IMPS Outward ( per day limit of ₹ 2,00,000/-) Free - Cash Charges
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Combined Free Cash Deposit limit at home + Non Home location (including ATM and Branch) 12 times of the previous month’s AMB, maximum of ₹ 25 lacs per month Charges beyond free limits ₹ 3/1000 Cash Withdrawal at home location Free Cash Withdrawal at non-home location Free upto ₹ 50000 per day by self or third party, beyond which charges of ₹ 4/1000 Debit Card Cash Withdrawal txns at metro location (other Bank ATMs) 3 Debit Card Cash Withdrawal txns at non-metro location (other Bank ATMs) 5 Charges beyond free limit of ATM withdrawals ₹ 20 per txn Cash withdrawal outside India (for international cards only) ₹ 110/- per transaction Balance Inquiry Outside India (for international cards only) ₹ 25/- per transaction - Other Charges
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Rupay/VISA Classic Debit Card (Charges for Issuance, annual fees, re-issuance) Free Rupay Platinum Debit Card (Charges for issuance and renewal) ₹ 100 VISA Gold Debit Card (Charges for issuance and renewal) ₹ 100 VISA Platinum Debit Card(Charges for issuance and renewal) ₹ 150 VISA Signature Debit Card(Charges for issuance and renewal) ₹ 400 Card Transaction Slip Retrieval charges (for incorrect claims) ₹ 250/- per slip Stop payment single cheque (free online) ₹ 100 per cheque Stop payment series (free online) ₹ 150 for a series of 25 cheques Outward cheque return charges for financial reasons ₹ 50 per cheque Outward cheque return charges for technical reasons NIL Inward cheque return charges for financial reasons ₹ 350 per cheque for up to 2 cheques, ₹ 500 per cheque for 3-5 cheques, ₹ 750 per cheque 6th cheque onwards Inward cheque return charges for technical reasons NIL Standing instructions set up/Amendment (Free for RD/SIP/Bill Payment) Free Standing instructions failure (return) ₹ 200 per return ECS / NACH return due to financial reasons ₹ 200 per return SMS alerts Free - Certificate and Report issuance
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Balance Certificate at the branch (online free) ₹ 250/- per instance Previous year balance and interest statement 1 free per annum. ₹ 300/- per statement thereafter. Signature verification certificate / Photo attestation / Address confirmation ₹ 50/- per instance Duplicate TDS certificate ₹ 100/- Duplicate account statement Print (Free Online or on email) ₹ 50/- DD/PO revalidation/cancellation ₹ 100 Account closure charges if closed on customer request before 6 months of account opening date and after 15 days of account opening. ₹ 500/- Account Inactive charges NIL - Doorstep Banking*
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Cheque pickup on call per instance One free pickup per day (₹ 50 per call if more than once a day) Cheque Pickup beat (per month) ₹ 450/- Cash pickup Beat (charges per month) Upto ₹ 200000 ₹ 2200/- ₹ 200000 to ₹ 500000 ₹ 3200/- ₹ 500000 to ₹ 1000000 ₹ 8000/- ₹ 1000000 to ₹ 2000000 ₹ 12000/- ₹ 2000000 above Contact Branch Cash pickup On call (charges per instance) Upto ₹ 200000 ₹ 150/- ₹ 200000 to ₹ 500000 ₹ 300/- ₹ 500000 to ₹ 1000000 ₹ 500/- ₹ 1000000 to ₹ 2000000 ₹ 800/- ₹ 2000000 above Contact Branch
Available on request at select locations only. Taxes as applicable will be additional.
PAP: Payable At Par | NA: Not Applicable |
SA: Savings Account | CA: Current Account |