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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

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Govt TASC Current Account

An account that lets you transact in ease, and grow unlimited with Higher Transfer Limits, Unlimited Free Usage on Cash Withdrawal and Deposits with no limits or restrictions on number of transactions for a hassle free banking experience, while helping you earn more with best interest on Fixed Deposits.

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    No Average Monthly Balance (AMB) requirement

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    Unlimited Free Payable-At-Par cheque book

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    Unlimited Free Online Fund Transfer through Branch and Net Banking

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    Free cash transactions (Deposit & Withdrawal) at Home and Non Home branch locations

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    Free Physical and Email account statements.

Benefits:

  • Freedom from Monthly Balance commitment in Govt TASC Current 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
  • Best in class interest rates on Term Deposits
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Charges

Schedule of Charges – Govt TASC Current Account ( Applicable from 1st June 2020 )

Average Monthly Balance (AMB)
Average Monthly Balance (AMB) NIL
AMB Non Maintenance Charges NO CHARGES APPLICABLE
Grouping with Family Accounts or Business
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
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
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
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
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
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*
Cheque pickup (on call) ₹ 50 per instance
Cheque pickup beat (Per month) ₹ 300
CCash 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