Business Standard Account
Every Business needs are carefully understood by our team. We offer bespoke services as per your business requirement. For Business Standard Account, the Average Quarterly Balance of 10,000 at Metro/Urban banking outlets and 5,000 at Semi-Urban /Rural banking outlets is required to be maintained. We provide free cash deposit limit of 2,00,000 per month and unlimited cash withdrawal at home banking outlet. In addition, other features include free 150 transactions per quarter, no Debit Card annual charges on RuPay Classic Debit Card for the first year and competitive charges on digital transactions.
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
We offer our valued customers:
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Free 150 transactions per quarter
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Enjoy Unlimited cash withdrawal at home banking outlet branch
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Free cash deposit transactions per month of 2 Lakh at home banking outlet and 1 Lakh* at non-home banking outlet
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Avail exclusive benefits with RuPay Classic Debit Card
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Enjoy convenient payment acceptance with POS facility
* T&C Apply
| Business Standard | |
| Average Balance Requirements | AQB |
|---|---|
| Metro & Urban Branches | 10,000/- |
| Semi-Urban & Rural Branches | 5,000/- |
| Charges for Non-Maintenance | 500/- |
| Branch Outlet Cash Transactions | |
| Cash Deposit Transactions - Free limits/month | Base Branch: 2 lakhs Non-base Branch: 1 lakh |
| Cash Deposit Transactions - Charges beyond Free limit | 3/- per 1000/- [Min 50/-] |
| Cash Withdrawal [Base Branch] | Unlimited |
| Cash Withdrawal [Non-base Banking outlet] - Free Limit | Free upto 2 lakhs per month |
| Cash Withdrawal [Non-base Branch Free Limit] - Charges beyond Free Limit | 2/- per 1,000/- |
| Account Maintenance - Free Limit | 150 Transactions per quarter [Cash, Clearing and Intra-bank transfer] |
| Account Maintenance - Charges beyond Free Limit | 10/- per transaction |
| DD/PO Issuance | |
| Demand Drafts Payable at own Bank Locations | Upto 10,000/- 50/- Above 10,000/- 4/- per 1,000/- [Min 50/- Max 1000/-] |
| Revalidation | 100/- per instance |
| Duplicate DD Issuance | 100/- per instance |
| DD/PO Cancellation | 100/- per instance |
| Cheque Issuance/ Collection Charges | |
| Free Leaves | One cheque book 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 [Online] | |
| RTGS Outward | Free |
| NEFT Outward | Free |
| IMPS Payments | Upto 1 lakh - 5/- Above 1 lakh upto 2 lakhs - 10/- Above 2 lakh upto 3 lakhs - 15/- Above 3 lakh upto 5 lakhs - 20/- |
| Doorstep Banking Services | |
| Doorstep Banking Services [Within City limits] Cash |
Please contact the nearest Branch |
| Doorstep Banking Services [Within City limits] Cheque |
200/- per call [at selected locations] |
| Other Charges | |
| Physical Account Statements [Quarterly] | Free |
| Email Account Statements [Quarterly] | Free |
| Stop Payment Instructions | 100/- per cheque |
| Signature Verification/Address Confirmation | 100/- per instance |
| Balance Certificate | 100/- per instance |
| Confidential Report/Credit Confirmation | Free |
| Solvency Attestation | 100/- per instance |
| Photo Attestation | Free |
| Activation of Inoperative Account | Free |
| SMS Alerts |
25 paisa per SMS Subject to maximum amount of ₹ 25 per quarter or actual amount whichever is lower. |
| Account Related 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 01st May 2023, please click here
Apply to Business Standard 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 50 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 need to provide the following documents to open a Current Account for your company:
- Certificate of Incorporation
- Memorandum and Articles of Association
- Board resolution authorising the opening and operation of the Account
- PAN or General Index Registrar [GIR] number
- List of Directors with residential addresses
- PAN Card & Aadhaar Card of Authorised Signatories.
- Firms Address Proof if not mentioned in Certificate of Incorporation.
You can make 150 free transaction per quarter.
A charge of 10 per transaction will be applied for transactions beyond free limit
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You are never too far away from quick banking, check nearest Bank and ATM
Contact
Incase you wish to speak to our banking expertise for resolution
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