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Value Plus Account

(Applicable for Accounts opened from 1st November 2018) ( Product Discontinued )

                                                                                                                                       Open Account Online

Make your everyday banking smart with our Value-Plus Account, loaded with features like Internet Banking and Instant Fund Transfer to make banking a fun experience.


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    AMB of ₹ 25000


    15 transactions free per month


    Free RuPay Debit Card


    Multicity cheque book of 25 leaves


    Your Favorite Number can now be your Bank Account Number


    Nomination facility available

Savings Account Interest Rate w.e.f. 14th December, 2022

Daily Closing Balance Rate Slab
Up to ₹ 1 lakh 3.50%
Above ₹ 1 lakh and upto ₹ 5 lakhs 5.25%
Above ₹ 5 lakhs 7.00%

Interest will be calculated on the daily closing balance of the account

Interest will be paid on quarterly basis by direct credit in the savings account

Slabs rates are applicable on the incremental amount based on the closing balance

Please read all terms and conditions



Schedule of charges for Savings Accounts w.e.f 8th January 2023.

Average Monthly Balance (AMB)
Average Monthly Balance ₹ 25000 (50% for Semi-urban and Rural branches)
AMB Non-Maintenance charges NO CHARGES APPLICABLE
Grouping With Family Accounts or Business
Current Account Grouping Can be grouped to Current Account of equal or higher value
Savings Account Grouping 3 accounts of family member SA of the same or lower value can be grouped
Cheque book (PAP cheque book of 25 leaves) limit 2 cheque books free per quarter
Charges beyond free limits ₹ 2 per leaf
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
Demand Draft and Payorder at branch locations Free upto 3 DD’s 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 at branch (free online) NEFT : Upto ₹ 10000/- ₹ 2.25, From ₹ 10001 to ₹ 100000 : ₹ 4.5, From ₹ 100001 to ₹ 200000 : ₹ 14.5,Above ₹ 200000 : ₹ 24.5. RTGS: From ₹ 200000 to ₹ 500000 : ₹ 20, Greater than ₹ 500000 : ₹ 40.
IMPS outward (per day limit of ₹ 5,00,000/-) ₹ 1 per Transaction
Cash Charges
Cash Deposit limit at home location (including ATM and Branch) Free up to ₹ 1,00,000 per month
Charges beyond free limits (Home Branch & Non-Home Branches) ₹ 50000 per Month
Cash Deposit limit at Non-Home location (including ATM and Branch) NIL
Charges beyond free limits (Home Branch & Non-Home Branches) ₹ 4/1000
Cash Withdrawal at home location Free
Charges beyond free limits ₹ 4/1000
Debit Card Cash Transactions at across Equitas Bank ATMs (Include Financial & Non-Financial Transactions) 3 Transactions
Debit Card Cash Transactions at Metro location other Bank ATMs (Include Financial & Non-Financial Transactions) 3 Transactions
Debit Card Cash Transactions at Non-Metro location other Bank ATMs (Include Financial & Non-Financial Transactions) ₹ 21 per Transaction
Charges beyond free limits of ATM withdrawals ₹ 10 per Transaction
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 for First year, Rs. 100 per year from second year
VISA Gold Debit Card (Charges for issuance and renewal) ₹ 100
VISA/Rupay Platinum Debit Card (Charges for issuance and renewal) ₹ 100
ELITE/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  ₹ 100 per cheque
Stop payment series ₹ 150 for a series of 25 cheques
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) ₹ 150 per return
ECS / NACH return due to financial reasons ₹ 200 per return
SMS Alerts (Debit & Credit Transaction^) Free
SMS Alerts Day end balance change ₹ 10 per Quarter (only if facility is availed)
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. ₹ 500
Account inactive charges NIL
Doorstep Banking*
Cheque pickup ₹ 50 per instance
Cheque pickup beat (Per month) ₹ 300
                                                          Cash pickup beat (charges per month)
Up to ₹ 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)
Up to ₹ 200000 ₹ 150
₹ 200000 to ₹ 500000 ₹ 300
₹ 500000 to ₹ 1000000 ₹ 500
₹ 1000000 to ₹ 2000000 ₹ 800
₹ 2000000 above Contact branch
No of Transactions

Aggregation of all the customer induced transactions including:

Cash/Cheque/DSB/DD (excluding online and ATM transactions) 15 txns free per month
Charges beyond free limits ₹ 15 per transaction over and above the individual transaction limit charges

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
  • Cash withdrawal failed due to insufficient funds considered as financial transaction
  • All Debits, Credits above ₹ 5,000 only (for alert of credit below ₹ 5,000 raise request with branch or customer care)
  • ELITE Debit Card is issued to ELITE customers only, Rs.499 charges applicable if customer no longer holds ELITE program status (contact customer care/branch for replacement debit card to avoid charges)