GOVT TASC ACCOUNT
Equitas Govt TASC Savings and Current Account has been put together keeping in mind the unique and varied needs of your institution, while ensuring banking experience is simplified with cutting edge Innovative Digital Banking solutions

Govt TASC Savings Account
An account that is perfect for managing your collections and payments with simplified and secure Corporate Banking, while helping you grow unlimited with best interest rates on your Savings with no monthly balance requirement!
Features
Benefits:
- Freedom from Monthly Balance commitment in Govt TASC Savings Account
- Unmatched convenience through our RTGS, NEFT and IMPS transfers
- 24x7 access to Corporate Internet Banking
- Accept payments through Equitas QR, VPA, Payment Gateway, Point of Sale(POS) device, NACH and SMS Linkpay
Schedule of Charges – Govt TASC Savings Account ( Applicable from 1st June 2020 )
- Average Monthly Balance (AMB)
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Average Monthly Balance (AMB) NIL AMB Non Maintenance Charges NO CHARGES APPLICABLE - Grouping with Family Accounts or Business
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Savings Account Grouping NA Group AMB for Saving Account Grouping NA Savings Account group AMB charges NA Current Account Grouping NA Group AMB for Current Account Grouping NA Current Account group AMB charges NA Cheque Book (PAP Cheque book) Unlimited Free Charges beyond free limits NA - Collections
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Local cheque clearing Free Outstation cheque collection charges at bank location Free Outstation cheque collection charges at non-bank location Free RTGS inward / NEFT inward / IMPS inward Free Foreign inward remittance Free - Payments
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Demand Draft and Payorder at branch locations Free Charges beyond free limits NA Demand Draft at non-branch locations ₹ 100 per DD PAP Cheque payment Free RTGS and NEFT outward at branch (free online) Free IMPS outward ( per day limit of ₹ 2,00,000/- ) Upto ₹ 50,000/- charges of ₹ 5/- per transaction, ₹ 50,001 to ₹ 2,00,000/- charges of ₹ 15/- per transaction. - Cash Charges
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Cash Deposit at Home & Non Home location (including ATM and Branch) Free Cash Withdrawal at Home & Non Home location Free Debit Card Cash Withdrawal txns at metro locations (other Bank ATMs) 3 Debit Card Cash Withdrawal txns at non-metro location (other Bank ATMs) 5 Charges beyond free limits 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 and renewal) 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 / Outward cheque return charges for technical reasons NIL Standing instructions set up/Amendment (Free for RD/SIP/Bill Payment) ₹ 25 per instance Standing Instructions failure (return) ₹ 150 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 Branch (online free) ₹ 250 per instance Previous year balance and interest statement (free online) 1 free per annum, ₹ 300 per statement thereafter Passbook issuance Free Duplicate Passbook issuance ₹ 50 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 after 15 days of account opening and before completing 6 months. NIL Account inactive charges NIL - Doorstep Banking*
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Cheque pickup (on call) ₹ 50 per instance Cheque pickup beat (Per month) ₹ 300 Cash pickup beat (charges per month) Upto ₹ 200000 ₹ 2200 ₹ 200000 to ₹ 500000 ₹ 3200 ₹ 500000 to ₹ 100000 ₹ 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
Documents Required for opening Institutional Account
- 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 |