Business Standard

Experience seamless business transactions with our Business Standard Current Account! Whether it a small transaction like crediting salary, withdrawing and depositing cash or huge as payments to vendors, you can now do it a lot easily with us. You also enjoy customized solutions tailor-made to suit your business needs. So spend your precious time growing your business, while we help take care of your money matters.

Apply online

Benefits
Eligibility
Documents Required
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

You are eligible to apply if you are/or belong to any of the following.

Resident Individual
Sole Proprietorship Firms
Partnership Firms
Limited Liability Partnership Firms
Public/Private Limited Companies
Hindu Undivided Family(HUFs)

All authorised signatories/partners/directors are required to submit a photograph (latest) along with Account Opening Form. All documents in original and photocopy should be shown/provided to the bank at the time of account opening. The originals will be immediately handed over after verification.
Applicants must provide all the necessary documents as instructed below.

Individual Current Account

Aadhaar Card of Individual
PAN Card of Individual
Proof of address if different from Aadhaar Card.

Public or Private Limited Companies

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.

Partnership firms

Partnership Deed and Registration Certificate, PAN Card of Partnership Firm.
Shop and Establishment Certificate or GST Certificate
Letter from partners approving the persons concerned to open and operate the Account
Aadhaar Card & PAN Card of Authorised Signatories.
PAN Card of the Firm

Limited Liability Partnership Firms

Certificate of Registration issued by registrar of Limited Liability Partnership.
Pan Card of LLP.
Aadhaar Card & PAN Card of Authorised Signatories.
Communication Address proof of Limited Liability Partnership Firm.

Proprietorship concerns

Certificate from a State Government or Statutory Body or Trade License or Sales Tax Certificate or Shop and Establishment Certificate or GST Certificate.
Letter of proprietorship, duly signed by the proprietor in his or her individual capacity (with a rubber stamp)
Aadhaar Card & PAN Card of Proprietors/Authorised Signatories

Hindu Undivided Family (HUF)

Letter of HUF duly signed by Karta and all Coparceners
PAN or GIR number
Names of Karta and Coparceners with residential address
Aadhaar Card of all Authorised Signatories.

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

Debit Card	Rupay Card - Classic
Card Fees	Issuance Fee (Primary Holder): 50/- Annual Fee (Primary Holder): Free for first year, 50/- from subsequent year
Withdrawal Limit	ATM 40,000/- per day
Per Transaction Limits	20,000/- (own Bank ATM) 10,000/- (other Bank ATM)
Shopping Limit	POS 1,00,000/- per day
Per Transaction Limits	POS 25,000/-
ATM Transactions	Unlimited Free Transactions
Other ATM Card Charges	PIN Regeneration Charges - NIL (Green Pin) Card Replacement Charges - 100/- Add on charges - 100/- (subject to terms and conditions)

Service Type

Free limit

Charges Beyond Free Limit

Cash Deposit Transactions

Base Branch: 2 Lakh

Non Base Branch 1 Lakh

2.50 /- per 1,000/-

Cheque book

One Free Chequebook per quarter (50 leaves)

2/- leaf (100/- per cheque book)

DD/PO transactions

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

Payable at corresponding bank locations:

1/- per thousand, min 25/- DD + Correspondent Bank charges
Revalidation/Duplicate DD: 100/-
Cancellation: 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 upon providing the following documents:

Aadhaar Card of Individual
PAN Card of Individual
Proof of address if different from Aadhaar Card.

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
Eligibility
You are eligible to apply if you are/or belong to any of the following.

Resident Individual

Sole Proprietorship Firms

Partnership Firms

Limited Liability Partnership Firms

Public/Private Limited Companies

Hindu Undivided Family(HUFs)
Documents Required
All authorised signatories/partners/directors are required to submit a photograph (latest) along with Account Opening Form. All documents in original and photocopy should be shown/provided to the bank at the time of account opening. The originals will be immediately handed over after verification.
Applicants must provide all the necessary documents as instructed below.

Individual Current Account
1. Aadhaar Card of Individual
2. PAN Card of Individual
3. Proof of address if different from Aadhaar Card.
Public or Private Limited Companies
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.
Partnership firms
1. Partnership Deed and Registration Certificate, PAN Card of Partnership Firm.
2. Shop and Establishment Certificate or GST Certificate
3. Letter from partners approving the persons concerned to open and operate the Account
4. Aadhaar Card & PAN Card of Authorised Signatories.
5. PAN Card of the Firm
Limited Liability Partnership Firms
1. Certificate of Registration issued by registrar of Limited Liability Partnership.
2. Pan Card of LLP.
3. Aadhaar Card & PAN Card of Authorised Signatories.
4. Communication Address proof of Limited Liability Partnership Firm.
Proprietorship concerns
1. Certificate from a State Government or Statutory Body or Trade License or Sales Tax Certificate or Shop and Establishment Certificate or GST Certificate.
2. Letter of proprietorship, duly signed by the proprietor in his or her individual capacity (with a rubber stamp)
3. Aadhaar Card & PAN Card of Proprietors/Authorised Signatories
Hindu Undivided Family (HUF)
1. Letter of HUF duly signed by Karta and all Coparceners
2. PAN or GIR number
3. Names of Karta and Coparceners with residential address
4. Aadhaar Card of all Authorised Signatories.

Fees and Charges

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

Debit Card	Rupay Card - Classic
Card Fees	Issuance Fee (Primary Holder): 50/- Annual Fee (Primary Holder): Free for first year, 50/- from subsequent year
Withdrawal Limit	ATM 40,000/- per day
Per Transaction Limits	20,000/- (own Bank ATM) 10,000/- (other Bank ATM)
Shopping Limit	POS 1,00,000/- per day
Per Transaction Limits	POS 25,000/-
ATM Transactions	Unlimited Free Transactions
Other ATM Card Charges	PIN Regeneration Charges - NIL (Green Pin) Card Replacement Charges - 100/- Add on charges - 100/- (subject to terms and conditions)