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Devised to cater to SMEs, Corporates and Retail establishments, Saraswat Bank’s Premium Current Account is equipped with maximum benefits. Contemporary technology, Easy Pay Facility and leverages on loan, avail all of this by maintaining an average quarterly balance of Rs. 50,000/- in your current account.

Features & Benefits:

  1. AMC waiver on Rupay/Visa debit cards for first 7 years.
  2. QR Code Free
  3. 25% waiver in cost of QR sound box machine
  4. FREE Personal Accident Death Coverage of Rs.5.00 lacs for a period of first five years to Proprietor and in case of Partnership and Pvt. Ltd. Co. – Anyone of the Partner/Director (Undertaking to be taken from Firm/Company).
Further renewal will be at the cost of the customer.
  1. 250 cheque leaves free every financial year. Rs 5/- per leaf thereafter
  2. Free Internet banking and Mobile banking facility.
  3. First 5 financial transactions per month are free at our Bank's ATM. Thereafter Rs 10/- +GST per financial transaction. Non-Financial ATM transactions are free at our Bank's ATM.
  4. No charges for NEFT/ RTGS online transactions.
  5. Free issue of 5 DD/ PO per month upto Rs 50000/- each.
  6. Free monthly account statement by email on registered email id.
  7. No cash handling charges till 500 pieces per day (T&C apply).
  8. AMC waiver on Rupay/Visa debit cards for first 7 years.
  9. No AMC for initial five years on opening Demat Account.
  10. 25% waiver on processing fee for Car, Housing and education loans applied in the names of Proprietor, Firm, Partners, Directors.
  11. 25% discount on charges for issuance of balance certificate and solvency certificate.
  12. Ledger folio charges: Minimum Rs.100/- per quarter, otherwise Rs.50/- per folio of 25 entries or part thereof whichever is higher.
  13. QR sound box service available. (T&C apply)
  14. POS machine service available (T&C apply)
  15. Click on Know more for  service charges.

Eligibility:

  1. Individual
  2. HUF/Trust
  3. Partnership Firms
  4. Proprietorship Concerns
  5. Company (Body corporate)
  6. Commercial complexes
  7. Co-operative Housing Society

Service Charges/ Penalty:

Non maintenance of minimum average quarterly balance penalty of Rs. 2000/- plus applicable tax per quarter will be levied.

Account Closure:

  1. Within 14 days – No penal charges
  2. Above 14 days up to 6 months - Rs.1000/- + GST.
  3. Above 6 months up to 1 year - Rs.500/- +GST.

Documents:

Click here to download KYC documents submission requirement.