Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Account typeStartup current account
Source 1Monthly average balance₹20,000; waived for the first 12 calendar months from the account-opening month
Source 2Cheque and cash-deposit allowance100 free multicity cheque leaves and cash deposits up to ₹15 lakh per month
Source 3MAB non-maintenance charge after waiver₹1,000 + GST per month after the first 12 calendar months
Source 4Benefits and features
- Free Pride Business Debit Card and Insta Deposit Card
- Ten free demand drafts or banker's cheques per month
- Free POS installation and 20% concession on monthly POS rental
- Unlimited free digital NEFT and RTGS
Eligibility
- Applicant must be a private limited company, LLP or registered partnership firm with a valid Startup Certificate of Recognition issued by DPIIT.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Valid DPIIT Startup Certificate of Recognition
- Entity and KYC documents required by SBI for the applicable legal form