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Startup Current Account
Startup Current Account
- Monthly average balance – NIL for the first year (Subject to minimum 1 digital transaction in last calendar month) and then ₹25,000
- Payment Gateway - Free setup and NIL AMC charges
- 50% waiver of processing charges of retail loan in name of the directors of the company
- Exclusive banking privileges for startups
- Cash deposit limit ₹15 lakh or 20 times of last month’s MAB whichever is higher subject to maximum of ₹30 lakh per month
- ‘At par’ cheque book – 100 cheques free every month
- IMPS/NEFT/RTGS/DD transactions – completely free
- View the complete and updated list of charges
- Private limited companies
- Public limited companies
- One-person companies
- Limited liability partnerships
Note: Date of incorporation must be less than 2 years than the date of account opening
- Memorandum of Association (MOA)
- Articles of Association (AOA)
- Certificate of Incorporation
- PAN
- In case of Public Limited Company, Certificate of Commencement
- Latest list of directors duly signed by the person authorized to sign Board Resolution (Not applicable to one-person company)
- Board Resolution duly signed by the Company Secretary/Board of Directors and power of attorney granted to its managers, officers or employees to transact on its behalf
- Address proof of Company (both registered and communication address)
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