About the account
The Advance Current Account is designed for Manufacturers, Medium Enterprises and Traders. We offer cash deposit limits up to ₹ 25 lakh per month and special benefits for women proprietors!
Features
AMB of Rs 40,000/-
Women proprietors get special benefits!
Sweep FD Facility
Let the idle funds in your Advance Current Account come to your rescue with automatic Sweep In Sweep Out FD.
Threshold amount: Rs 1,00,000/-
Tenure: 90 days
No premature withdrawal penalty on Sweep FD
Charges
Schedule of Charges for Current Accounts
w.e.f 15th February 2022
Schedule of Charges for Current Accountsw.e.f 15th February 2022
Average Monthly Balance
Grouping with Family Accounts or Business
Cheque Book
Collections
Payments
Cash Charges
Other Charges
Certificate and Report issuance
Doorstep Banking*
Average Monthly Balance
AMB (50% in semi-urban and rural branches or if the proprietor is a woman in metro / urban branches)
₹ 40000
AMB non-maintenance charges
NIL
Transaction Charges
If AMB maintained is less than 75% of the required product AMB in any month, all free transactions limits will be withdrawn and each transaction will be chargeable as per Current Account Schedule of Charges in subsequent month
Blogs
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