SBI Special Collection Current Account

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SBI Special Collection Current Account

SBI Special Collection Current Account offers seamless fund collection, easy transactions, and enhanced cash flow management for businesses and institutions.

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Details for SBI Special Collection Current Account

SBI Special Collection Current Account is designed for businesses and institutions needing efficient fund collection and management. It ensures smooth transactions, better cash flow, and easy accessibility, enhancing financial operations. With secure and reliable banking features, it simplifies bulk payments and collections, making business banking hassle-free.

MAB

10,00,000/-

Withdrawal Limit

Not available

Transaction Limit

Not available

Cash Deposit Monthly

  • Free Monthly Cash Deposit limit : Rs.10 lakh per month (Inclusive of cash deposited in CDM, Recycler, GCC, Home & Non-Home Branches) Card rates as under will be applicable for deposit above free limits. ₹0.75 per ₹1,000/- + GST Minimum ₹50/- + GST, Maximum ₹20,000/- + GST

Non Maintenance Charges

  • 2000/-

Additional Benefits

  • Maximum Cash Deposit Limit at Non- Home Branch : Rs. 2 Lakhs per day
  • Cheque Book facility: Not allowed
  • Mode of Collection : Cash, Cheque, Draft RTGS, NEFT, IMPS, Payment Gateway etc.
  • Collection through Insta Deposit Card : Allowed
  • Statement of account on email