Business Standard

Experience seamless business transactions with our Business Standard Current Account! We have a wide range of value based Current Account products that would fit your business needs. So devote your time growing your business, while we help take care of your money matters.

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Benefits
Fees and Charges
FAQs

We offer our valued customers:

Free 150 transactions per Quarter
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

* Conditions Apply

Schedule of Charges: Business Standard
AQB Requirements	AQB Non-Maintenance Charges
Metro/Urban : Rs. 10,000 AQB	Rs. 500 per Quarter
Semi Urban/Rural : Rs. 5,000 AQB	Rs. 500 per Quarter

Debit Card	Rupay Card - Classic
Card Fees	Issuance Fee (Primary Holder): Rs. 100 Annual Fee (Primary Holder): Free for first year, Rs.150 from subsequent year
Withdrawal Limit	ATM Rs. 40,000 per day
Per Transaction Limits	Rs. 20,000 (own Bank ATM) Rs. 10,000 (other Bank ATM)
Shopping Limit	POS Rs. 1,00,000 per day
Per Transaction Limits	POS Rs. 25,000
ATM Transactions	Unlimited Free Transactions
Other ATM Card Charges	PIN Regeneration Charges - NIL (Green Pin) Card Replacement Charges - Rs. 150 Add on charges - Rs. 100 (subject to terms and conditions)

Service Type

Free limit

Charges Beyond Free Limit

Cash Deposit Transactions

Base Branch: Rs. 2 Lakh

Non Base Branch Rs. 1 Lakh

Rs. 2.50 per Rs. 1,000

Cheque book

One Free Chequebook per quarter (50 leaves)

Rs. 2 leaf (Rs. 100 per cheque book)

DD/PO transactions

Demand Drafts Payable at own Bank locations:
Upto Rs. 2,000 Rs. 20
Above Rs. 2,001 upto Rs. 10,000 Rs. 50
Above Rs. 10,000 Rs. 2 Rs. 1,000
(Min Rs. 60 & Max Rs. 1,500)

Payable at corresponding bank locations:

1/- per thousand, min Rs. 25 DD + Correspondent Bank charges
Revalidation/Duplicate DD: Rs. 100
Cancellation: Rs. 100

For details on fees and charges, please click here

Can an individual open a Current Account?

Yes, an Individual can open a Current Account. Please visit branch for more details.

How many free Cheque leaves do I get?

You get 50 cheques leaves.

Are fund transfers between Utkarsh Small Finance Bank accounts free?

Yes, you enjoy unlimited free transaction between Utkarsh Small Finance Bank accounts.

I can’t access my company’s Current Account. Please help.

Please visit your nearest Utkarsh Small Finance Bank branch or call 1800-123-9878, 24×7 (Except National Holidays)

What are the documents required to open a Current Account for a company?

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.

How many free transactions can I make? And what are the charges applicable for transactions made beyond the free limit?

You can make 150 free transaction per quarter.
A charge of 10 per transactions will be applied for transactions beyond free limit

Benefits
We offer our valued customers:

Free 150 transactions per Quarter

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

* Conditions Apply

Fees and Charges

Schedule of Charges: Business Standard
AQB Requirements	AQB Non-Maintenance Charges
Metro/Urban : Rs. 10,000 AQB	Rs. 500 per Quarter
Semi Urban/Rural : Rs. 5,000 AQB	Rs. 500 per Quarter

Debit Card	Rupay Card - Classic
Card Fees	Issuance Fee (Primary Holder): Rs. 100 Annual Fee (Primary Holder): Free for first year, Rs.150 from subsequent year
Withdrawal Limit	ATM Rs. 40,000 per day
Per Transaction Limits	Rs. 20,000 (own Bank ATM) Rs. 10,000 (other Bank ATM)
Shopping Limit	POS Rs. 1,00,000 per day
Per Transaction Limits	POS Rs. 25,000
ATM Transactions	Unlimited Free Transactions
Other ATM Card Charges	PIN Regeneration Charges - NIL (Green Pin) Card Replacement Charges - Rs. 150 Add on charges - Rs. 100 (subject to terms and conditions)