Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Account typeCorporate social responsibility current account
Source 1Transfer and use periodTransfer the unspent amount within 30 days after the financial year ends and use it for CSR activities within three financial years
Source 2Monthly average balanceDepends on the selected current-account variant
Source 3ChargesMAB non-maintenance, annual account keeping, SMS and other charges apply according to the selected current-account variant or card rate
Source 4Benefits and features
- Online current-account opening
- Conversion to an Unspent CSR Account
- Cheque-book facility
- Free digital NEFT and RTGS
Eligibility
- Intended for companies subject to the ongoing-project unspent-CSR transfer requirements described on the official page.
Passing a listed condition does not mean the bank will approve an application.