Purpose |
Current Account for Start-ups recognized by DPIIT and having DPIIT registration |
POS Terminal |
Rent - Free |
BHIM QR Sound Box |
Rent Free |
NEFT/RTGS/IMPS |
Free |
SMS Alerts |
Free |
Cheque Book facility |
Free 500 cheque leaves/annum |
Demand Drafts |
Free 5 Demand Drafts per month. |
Debit Card – Platinum Debit Card |
Rupay Platinum Debit Card. Personal accidental insurance cover available as an in-built facility under Platinum Debit card (existing coverage ranges from Rs. 2 lacs to Rs. 8 lacs for self / spouse). |
Locker Operations |
Unlimited free |
Auto sweep / Reverse Sweep |
Auto sweep facility available |
Product Convertibility |
Existing current account can be ported to this product, if it is recognized as Start up by DPIIT and having DPIIT registration. |