DEPOSIT PRODUCTS

CURRENT ACCOUNT

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Our Current Account helps a businessman be it a Sole Proprietor or a Partnership Concern or even a Private Limited Company to open their Current Account at any of our branches and enjoy the benefit of a bouquet of services.

Features on SUVIDHA Current a/c:

• ZERO Balance requirements on all Suvidha C A/c’s opened till 31st March 17.
• Free Collections of funds through Inward RTGS & NEFT
• Free Funds Transfer across branches of Sarvodaya Bank
• Free Pay Order for values above Rs.100,000.
(For POs above Rs.50,000 but below Rs.100,000 a charge of Rs.25; for POs up to Rs.50,000 a charge of Rs.40, will be levied).
• Free SMS alerts & transaction updates.
• Cheque Books at concessional rates
• Waiver of charges on Inward Cheque Returns
• When we introduce RuPay ATM cards, waiver of card issue charges of Rs 99 per year, only to sole proprietorship a/c’s
• If A/c holders wish to avail loans, (if the loan application meets our norms), we will reduce loan processing charges by 50%.
• If SB a/c are opened by Proprietors / Partners of Suvidha C A/c’s, reduction on minimum balance requirement on SB a/c’s
• Life, General, Health & Fire Insurance policies at competitive premium to the Suvidha Current A/c holders.
• Facility for free door step collection of clearing Cheques every day from the business location of the Suvidha Current A/c holders, at agreed timelines
Suvidha Current A/c caters to the specific needs of the shop-keepers, small businessmen, traders, home business, micro business & sole proprietorship concerns