Features

Eligibility

Fees & Charges

FAQs


  • What kind of customers are ideally suited to use e-Commerce Current Account?

The account is best suited for customers who are expanding their business in online space selling their product & services from their website or online portal.


  • How much minimum AQB (Average Quarterly Balance) is required to be maintained for E-Commerce Current Account?

AQB Requirement: ₹ 25000/-


  • What are the non-maintenance charges (NMC) applicable when sufficient AQB is not maintained in the account?

₹ 1,800/- per quarter


  • What are the key features & benefits of E-Commerce Current Account?

Following are the key features of E-Commerce Current Account:

  • Combined Cash Deposit (Anywhere in India) – Free up to Higher of ₹ 3 lacs OR 6 times the current month AMB OR 40 transactions whichever is breached first, (subject to maximum ₹ 100 lacs)
  • Cash Withdrawal (Non-Home Branch)- Free limit of ₹ 100,000 per month
  • Cash Withdrawal is FREE at Home Branch
  • DD/ PO (Bank Location) – Free up to 50 DD/PO each
  • Cheque Leaves – Free up to 300 cheque leaves
  • Total Transaction (includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions) – Free up to 200 transactions
  • Unlimited Free NEFT/RTGS transactions


  • What are the free limits for cash deposit?

Free up to Higher of ₹ 3 lacs OR 6 times the current month AMB OR 40 transactions whichever is breached first, (subject to maximum ₹ 100 lacs)


  • What are the free limits for cash withdrawal?

Cash withdrawal is completely free for home branch. In case of non-home branch, customer is offered a free limit of ₹ 100,000 per month.


  • What are the free limits for issuing DDs / POs?

Free up to 50 DD/PO each per month.


  • How many free cheque leaves are offered per month?

300 cheque leaves are offered free per month.


  • What are the free limits for total transactions?

The account offers up to 200 transactions free per month.

(Note: Total Transactions include count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions)


  • How are electronic transactions (NEFT / RTGS) charged?

NEFT / RTGS payments through branch/online mode are offered FREE to E-Commerce Current Account customers.


  • What are different ways to access bank account?

Bank anytime, anywhere in person at a branch or ATM, from your laptop or mobile. Click here for more details.