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₹1,00,000
Source 2Free cash-deposit limit₹10 lakh per month; non-home branch cash deposits capped at ₹2 lakh per day
Source 3MAB non-maintenance charge₹2,000 + GST per month
Source 4Benefits and features
- Cash, cheque, draft 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-only structure with material debit and payment restrictions.
Passing a listed condition does not mean the bank will approve an application.