Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Account typePremium startup current account
Source 1Monthly average balance₹5,00,000; MAB charges waived for two calendar months over the life of the account
Source 2Cheque and cash-deposit allowance50 free multicity cheque leaves and cash deposits up to ₹5 lakh per month
Source 3Maximum MAB non-maintenance charge₹2,000 + GST when MAB is below 50%; ₹1,000 + GST when at least 50% but below the requirement, after using the two waiver months
Source 4Benefits and features
- Free Premium Business Debit Card issuance and annual maintenance
- Unlimited free branch and digital NEFT and RTGS
- 75% discount on listed cash-management fees
- Free SBI ePay integration and selected payment modes
Eligibility
- Applicant must have valid startup registration from DPIIT or a State or Union Territory and be a private limited company, LLP, registered partnership firm or one person company.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Valid startup registration certificate
- Entity and KYC documents required by SBI for the applicable legal form