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 collection current account
Source 1Monthly average balance₹25,000
Source 2Cash depositsNo free allowance; card-rate cash-deposit charges apply, with non-home branch deposits capped at ₹2 lakh per day
Source 3MAB non-maintenance charge₹500 + GST per month
Source 4Benefits and features
- Multiple physical and electronic collection modes
- Insta Deposit Card collections
- Email statements
- End-of-day sweep or branch transfer to the main account
Eligibility
- This is a collection account with material debit and payment restrictions; nil free cash deposits does not mean cash deposits are prohibited.
Passing a listed condition does not mean the bank will approve an application.