Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Account typeRestricted escrow current account
Source 1Free cash-deposit limit₹5,00,000 per month; non-home branch cash deposits capped at ₹5 lakh per day
Source 2Non-loan escrow agreement fees₹25,000 + GST upfront at opening and ₹10,000 + GST annually
Source 3Benefits and features
- Deposits accepted through all listed modes and channels
- Free monthly statements to escrow parties under the agreement
- Free view-only corporate internet banking
- No current-account closing charge
Eligibility
- Operation, permitted transactions and account parties depend on the governing escrow agreement.
- Cheque book, ATM/debit card, standing instructions and ECS mandates are not allowed.
Passing a listed condition does not mean the bank will approve an application.