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, no Debit Card annual charges on RuPay Classic Debit Card for the first year and competitive charges on digital transactions.

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Rewards

1 reward point on every 100 spends on debit card

15% discount

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15% discount

1 reward point on every 100 spends on debit card

Free

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Free

Cash withdrawal on Utkarsh Bank ATMs

We offer our valued customers:
  • Enjoy Unlimited cash withdrawal at base branch

  • Free cash deposit transactions per month of 2 Lakh at base branch and 1 Lakh* at non-base branch

  • Avail exclusive benefits with RuPay Classic Debit Card

  • Enjoy convenient payment acceptance with POS facility


* T&C Apply

Business Standard
Average Balance Requirement AQB
Metro & Urban Branches 10,000/-
Semi-Urban & Rural Branches 5,000/-
Charges for Non-Maintenance 500/- per quarter
Branch Cash Transactions
Cash Deposit Transactions - Free Limit/Month Base Branch: 2 lakh
Non-base Branch: 1 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 2 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 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
RTGS Inward and Outward Free
NEFT Inward and Outward Free
IMPS Payments 1 - 1,000 - 2.50/-
1,000 - 25,000 - 5.00/-
25,000 - 5,00,000 - 15.00/-
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 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 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 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


 

 

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Apply to Business Standard Account

Loan calculator

Amount ()

1 Lac

10 Cr

Tenure ( )

1 Month

120

Interest Rate (%)

1%

31%

line-chart-pattern-bg
Equated Monthly installments (EMI)

2,10,651

Need more Information?
Deposit Amount
Interest Earned

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:

  1. Certificate of Incorporation
  2. Memorandum and Articles of Association
  3. Board resolution authorising the opening and operation of the Account
  4. PAN or General Index Registrar [GIR] number
  5. List of Directors with residential addresses
  6. PAN Card & Aadhaar Card of Authorised Signatories.
  7. 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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