Business Edge Current Account

Business Edge Current Account

An expert business account that assists small to mid-sized businesses both in daily financial requirements as well as fulfilling long term investment goals.

Key Features

A power-packed account for facilitating the financial needs of small to mid-sized businesses

50 Free Cheque Leaves per annum

5 Free NEFT / RTGS Transactions at Branch per month

Free Cash Deposit up to INR. 2,00,000 or 8 times the AMB, whichever is higher, per month

Enabled with Auto Investment into Fixed Deposit^

Other Benefits

Other Benefits

  • Free Debit Card issuance
  • Waiver of Debit Card Annual Maintenance Charges (AMC)
  • Cash Withdrawal limit of INR 50,000
  • E-commerce and Point of sale (POS) limit of INR 50,000 each
  • Free unlimited transactions on SVC Bank ATMs
  • 5 Free transactions on other Bank ATMs
  • Complimentary Personal Accidental Death Insurance Cover of INR 2 Lakhs on RuPay Platinum Debit Card*
  • 24/7 access to Concierge Services*

  • Corporate NetBanking enabled
  • 50 Free Cheque Leaves in a year
  • 5 Free NEFT / RTGS Transactions at Branch per month 
  • 10 Free DD /PO, up to INR 1,00,000, per month 
  • Free unlimited Cash Withdrawal at Base Branch
  • Cash Withdrawal limit of INR 25,000 at other SVC Bank Branches
  • Cash Deposit limit of up to INR 200000 or 8 times the Average Monthly Balance (AMB) at any SVC Bank Base Branch
  • Free E-mail Account Statements
  • Free Internet Banking and Mobile Banking facility 
  • Auto Sweep-in / Sweep-out Facility (On request only)^
  • Folio Charges 50% Waiver

FAQ

Business Edge Current Account has a Cash Deposit limit of INR 2,00,000 or 8 times the Average Monthly Balance (AMB), whichever is higher.

5 NEFT / RTGS transactions, per month, are free through Branch Banking and all NEFT / RTGS transactions are free through Internet Banking.

Business Edge Current Account holder is entitled to receive 1 Cheque Book per annum.

Business Edge Current Account has a Debit Card limit of INR 25,000 per day, each across ATM, POS and Ecommerce.

Charge of INR 500 is applicable, per quarter, if AQB is not maintained.

A Business Edge Current Account holder needs to maintain an Average Quarterly Balance (AQB) of INR 10,000