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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!

Featuresfeatures

  • 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

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    Upload and Pay GST online.

    Wc deposit-icon

    Free cash deposit upto 15 times of previous month AMB.

 

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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If AMB maintained is less than 75% of the required product AMB in any month, all free transactions limits will be withdrawn and each transaction will be chargeable as per Current Account Schedule of Charges in subsequent month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    Free transactions shall be withdrawn if the 'Average Monthly Balance' maintained is less than 75% of the required product AMB and charges will be applicable on every transaction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 ₹ 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
    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