Business Premium Account
A successful business requires quick turnaround to meet its financial needs. At Utkarsh Small Finance Bank, the team is equipped with the understanding and the facilities required to help you financially to achieve your business goals. For Business Premium Current Account, an Average Quarterly Balance requirement of 50,000/- is required to be maintained. We provide free cash deposit of 10,00,000/- per month and unlimited cash withdrawal at the home banking outlet. In addition, other features include free unlimited transactions at any ATMs, free RTGS/NEFT/IMPS, no Debit Card annual charges for the first year on RuPay Platinum Debit Card.
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
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Enjoy unlimited cash withdrawal at base branch and free cash withdrawal of 5 Lakh per month at non-base branch
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Enjoy Free Cash Deposit transactions per month of 10 Lakh at base branch and 5 Lakh* at non-base branch
* T&C Apply
| Business Premium | |
| Average Balance Requirement | AQB |
|---|---|
| Metro & Urban Branches | 50,000/- |
| Semi-Urban & Rural Branches | 50,000/- |
| Charges for Non-Maintenance | 1,500/- per quarter |
| Branch Cash Transactions | |
| Cash Deposit Transactions - Free Limit/Month | Base Branch: 10 lakh Non-base Branch: 5 lakh |
| Cash Deposit Transactions - Charges Beyond Free Limit | 3/- per 1,000/- [Min 50/-] |
| Cash Withdrawal [Base Branch] - Free Limit/Month | Unlimited |
| Cash Withdrawal [Base Branch] - Charges Beyond Free Limit | Not Applicable |
| Cash Withdrawal [Non-base Branch] - Free Limit/Month | Free upto 5 lakh per month |
| Cash Withdrawal [Non-base Branch] - Charges Beyond Free Limit | 2/- per 1,000/- |
| Account Maintenance - Free Limit [Cash, Clearing & Intra-bank transfer] | Unlimited |
| Account Maintenance - Charges Beyond Free Limit | Not Applicable |
| Demand Drafts/Pay Order | |
| Demand Drafts Payable at own Bank Locations | Upto 10,000/- 50/- Above 10,000/- 4/- per 1,000/- [Min 50/- Max 1,000/-] |
| Demand Draft Revalidation | 100/- per instance |
| Duplicate Demand Draft Issuance | 100/- per instance |
| Demand Drafts/Pay Order Cancellation | 100/- per instance |
| Cheque Issuance/Collection Charges | |
| Free Leaves | Two cheque books free per quarter [50 leaves] |
| Charges Beyond Free Limit | 2/- per leaf [100/- per cheque book] |
| Local Cheque Collection and Payments at Base Branch Location & Fund Transfer | Free |
| Cheque Return Charges [Outward] | 200/- per cheque |
| Cheque Return Charges [Inward] | 500/- per cheque |
| NEFT/RTGS/IMPS Transactions | |
| RTGS Inward and Outward | Free |
| NEFT Inward and Outward | Free |
| IMPS Payments | Free |
| Doorstep Banking Services | |
| Doorstep Banking Services [Within City limits] Cash |
Please contact the nearest Branch |
| Doorstep Banking Services [Within City limits] Cheque |
1 Pickup free per day [at selected locations] |
| Other Service Charges | |
| Physical Account Statements [Quarterly] | Free |
| Email Account Statements [Quarterly] | Free |
| Stop Payment Instructions | 100/- per cheque |
| Signature Verification/Address Confirmation | 100/- per instance |
| Confidential Report/Credit Confirmation | Free |
| Solvency Attestation | Free |
| Photo Attestation | Free |
| Activation of Inoperative Account | Free |
| SMS Alerts | Free |
| Account Closure Charges | |
| Account Closure | Within 14 days- Nil After 14 days to 12 months- 500/- Above 12 months- 250/- |
For Debit Card Variants & Charges, kindly refer to the Card Section
For complete details on Fees and Charges effective from 1stApril 2025, please click here
Apply to Business Premium Account
Loan calculator
|
Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
|
(Indicative interest rates for calculation only. click here for latest rates.) |
FAQs
Yes, an Individual can open a Current Account. Please visit branch for more details.
You get 100 cheque leaves per quarter
Yes, you enjoy unlimited free transaction between Utkarsh Small Finance Bank accounts
Please visit your nearest Utkarsh Small Finance Bank branch or call 1800-123-9878, 24×7 [Except National Holidays]
You can avail array of value added services such as NEFT/RTGS services, Doorstep Banking and higher free transaction limits. If you are a medium to large business, Business Premium Current Account is perfect to ensure a smooth operation process.
350 free transactions per quarter can be availed. A charge of 10 per transaction will be applicable for transactions beyond free limit.
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Contact
Incase you wish to speak to our banking experts for resolution
Write to us
Whether it be a simple suggestion or feedback or an inquiry.