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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.

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Wings Current Account

Unleash the world of Business Privileges with Equitas Wings Current account. Enjoy unlimited transactions at branch OR on-the-go with our enriched internet / mobile banking. Relish special offers on your equitas VISA Platinum Business Debit Card for your travel, food and lifestyle requirements. Click Here!

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  • Wc qr-icon

    Go Digital and accept payments through Equitas QR.

    Wc telephone-icon

    Avail concierge service by dialing a hotline.

    Nominate-icon

    Nomination facility available for Individual & Proprietorship account

    Wc bill-icon

    Upload and Pay GST online.

    Wc deposit-icon

    Free cash deposit upto 15 times of previous month AMB.

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Sweep TD Facility

Let the idle funds in your Equitas Wings Current Account make your more money with automatic Sweep In Sweep Out FD.

  • Threshold Amount: ₹5,00,000/ -
  • Term Deposit Tenure: 90 Days
  • No Premature Withdrawal Penalty on Sweep FD
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Charges

Schedule of Charges for Current Accounts w.e.f 1st August 2021

Average Monthly Balance (AMB)
AMB (50% in semi-urban and rural branches) ( 50% waiver for women proprietor in metro/urban branches has been discontinued)
Please Note: The Balance Maintenance criteria has been changed from average quarterly balance to average monthly balance
250000 (AMB)
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If AMB maintained is less than 75% of the required product AMB in any month, all free transactions limits will be withdrawn and each transaction will be chargeable as per Current Account Schedule of Charges in subsequent month
Grouping with Family Accounts or Business
Group AMB Balance will not be considered if the 'Average Monthly Balance' maintained under an account in the group falls less than 75% and transactions charges will be applicable on the free transaction limits at an account level also 
Cheque Book
Free transactions shall be withdrawn if the 'Average Monthly Balance' maintained is less than 75% of the required product AMB and charges will be applicable on every transaction
Cheque book (PAP cheque book of 25 leafs) 20 cheque books free per month
Charges beyond free limits ₹ 2 per leaf
Collections
Local Cheque clearing Free
Outstation cheque collection charges at bank location Free
Outstation cheque collection charges at non-bank location
RTGS inward / NEFT  / IMPS inward Free
Payments
Free transactions shall be withdrawn if the 'Average Monthly Balance' maintained is less than 75% of the required product AMB and charges will be applicable on every transaction
Demand Draft and Payorder at branch locations Free up to 25 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 (Free online)

Free at branches if 75% or above of the required product AMB is maintained in the previous month

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
Free transactions shall be withdrawn if the 'Average Monthly Balance' maintained is less than 75% of the required product AMB and charges will be applicable on every transaction
Combined free cash deposit limit at Home + Non Home location (Including ATM and Branch) 15 times of the previous month AMB(No upper cap)
Charges beyond free limits ₹ 3/1000
Cash Withdrawal at home location Free
Cash Withdrawal at non-home location Free up to ₹ 100000 per day by self or third party, beyond which charges of ₹ 4/1000
Debit Card Cash Withdrawal txns at metro location (other Bank ATMs) Unlimited Free
Debit Card Cash Withdrawal txns at non-metro location (other Bank ATMs) Unlimited Free
Charges beyond free limits of ATM withdrawals ₹ 21 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
WINGS Platinum Debit Card( Issuance/Annual Maintenance/Renewal/ Re-isuance charges) Free for first year, second year onwards ₹ 500/- per year
Card transactional 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 Upto 2 cheque ₹350/- per cheque, 3-5 cheque ₹ 500, 6th cheque onwards ₹ 750 per cheque
Inward cheque return charges for technical reasons NIL
Standing instructions set up/Amendment  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
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*
Free transactions shall be withdrawn if the 'Average Monthly Balance' maintained is less than 75% of the required product AMB and charges will be applicable on every transaction
Cheque pickup on call per instance Free one pickup per day (More than once a day ₹ 50/- per call)
Cheque Pickup beat (per month) Free once a day( More than once a day  ₹ 50/- per call)
Cash pickup Beat (charges per month)
 
Upto ₹ 400000 Free once per day(Beyond which charges as per on call applicable)
₹ 400000 to ₹ 500000 ₹ 3200
₹ 500000 to ₹ 1000000 ₹ 8000
₹ 1000000 to ₹ 2000000 ₹ 12000
₹ 2000000 above Contact Branch
Cash pickup On call (charges per instance)
 
Upto ₹ 400000 ₹ 150
₹ 400000 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