SIB Business Startup Current Account

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SIB Business Startup Current Account

SIB Business Startup Current Account – a seamless banking solution for new businesses with easy transactions, digital banking, and exclusive benefits.

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Details for SIB Business Startup Current Account

South Indian Bank Business Startup Current Account empowers new businesses with smooth transactions, digital banking, and exclusive benefits. Enjoy tailored financial solutions, effortless fund management, and enhanced banking convenience to scale your startup with confidence.

MAB

25,000/- (Rural/Semi-Urban) 50,000/- (Metro/Urban)

Withdrawal Limit

Free &Unlimited (TDS Applicable)

Transaction Limit

Not available

Debit Card Charges

  • Free

Cash Deposit Monthly

  • Free up to 15 times of previous month AMB (Maximum of Rs.4 Cr) per Month

Non Maintenance Charges

  • Accounts maintaining <50% of required AMB – Rs. 650
  • Accounts maintaining >=50% but <100% of required AMB – Rs.500

Additional Benefits

  • SMS Alerts Free
  • SIB ATM transaction Free & Unlimited
  • UPI POS Free (1 Nos)
  • Folio Charges Nil Charges
  • DD/PO 30 Free/ Month
  • RTGS/NEFT Digital channel: Free & Unlimited transaction,Branch Channel: 50 Free transactions/ Month.
  • ABB Cheque Leaves Free