Trust, Associations, Societies and Club (TASC)

At Utkarsh Small Finance Bank, we understand you! Therefore, we are in a position to manage all your daily banking needs better. Our range of Operative Accounts are specially designed to suit your requirements. We provide comprehensive and convenient Banking solutions ranging from Payment, Collection to Investments.

Institutional Savings Account Standard

Features:

  • Initial minimal deposit of 25,000 only
  • No AQB required
  • Unlimited number of transactions at our outlets
  • Competitive charges for NEFT/ RTGS and internet banking facilities.
  • The interest is calculated on daily product basis and credited quarterly.

Institutional Current Account Basic

Features:

  • Initial minimal deposit of 25,000 only
  • No AQB required
  • Unlimited number of transactions at our outlets
  • Competitive charges for NEFT/ RTGS and internet banking facilities.

Institutional Savings Account Premium

Features:

  • Initial minimal deposit of 1,00,000 only
  • No AQB required
  • Unlimited number of transactions at our outlets
  • Free NEFT/ RTGS and internet banking facilities.
  • The interest is calculated on daily product basis and credited quarterly.

Institutional Current Account Premium

Features:

  • Initial minimal deposit of 1,00,000 only
  • No AQB required
  • Unlimited number of transactions at our outlets
  • Free NEFT/ RTGS and internet banking facilities.
Rewards

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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

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Free

Cash withdrawal on Utkarsh Bank ATMs

We have a host of facilities tailor-made for our privileged customers
  • Collection and Payment Services

  • Fund Management Services

  • Salary Accounts

You are eligible for Trust, Associations, Societies and Club (TASC) if you fall under any of the following categories:
  • Trust: Charitable or Educational for example schools, universities and colleges can apply. Religious or public trusts like Temples, Churches, Muslim Wakfs, Gurudwaras, Mosques, Ashrams are also eligible. Other institutions that are eligible are NGOs, hospitals and research institutions (other than company), exempted and non-exempted trusts, testamentary trusts and Employee Welfare Trusts (Provident Fund, Gratuity Fund, Superannuation Fund, Pension Fund)

  • Associations belonging to certain industries and professions (Medical/Legal/CA), Chamber of Commerce, Trade Associations, Merchant Associations, Sports Associations, Employee Welfare Associations, Councils, Association of Persons (AOP) and Federations should apply.

  • Societies such as Housing, Co-operative Societies, Primary Agricultural Co-operative Societies (PACS), Credit and Non-Credit Co-operative Societies, Marketing Societies (Fruits, Vegetable Vendors, Cotton Merchant, Cotton Traders, Coconut, Poultry, Tobacco, etc.), Marketing Co-operative Societies, Thrift Societies (Employee Welfare credit society)

  • Clubs whether they are activity based clubs (Sports, Recreation, Health Club, Lifestyle Club), need based clubs (Academic, Special Interest, Professional), social or cultural activity club and Kisan Clubs are also eligible. Others - Section 8 Company, Benevolent Fund, Self Help Group (SHG), Autonomous Bodies (AICTE, Universities), Agriculture Produce Market Committees (APMCs) "

  • Zero Balance Account

  • Unlimited cash withdrawals from all branch

  • Free E-mail, physical, and consolidated annual statement and SMS Alerts

  • Free ChequeBooks

  • Doorstep Banking*

  • Free Cash Deposit

  • Cash pick-up and delivery


* T&C Apply

For complete details on Fees and Charges effective from 01st April 2024, please click here

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Apply to Trust, Associations, Societies and Club (TASC)

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.)

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