Business Privilege Current Account
With industry best features in its category, PRIVILEGE Current Account comes with real privileges to ensure all your banking needs.
Higher cash transaction and card limits, complimentary insurance cover for your business, NIL cost on POS installation and free CMS* services are some of the features which will make your account go seamless.
Highlights
Unlimited cash withdrawal
from any branch
200 Cheque leaves
per quarter
Income proof not
required
Unlimited ATM transactions
at Ujjivan ATMs
* Privilege Current account facility is available at select branches.
Privilege Current Account
Privilege Current Account is one of the most customized current accounts the bank has to offer for mid to high end current account customers for their day to day business activities.
Features
Digital Convenience
- Change password
- Search transactions
- Check transaction timeline
- Access through any device of your choice
Online Transactions
- IFT/NEFT/RTGS/IMPS facility
- Schedule transactions and set standing instructions
- Bill payment facility
Other online services
- Real-time status of cheque/DD/Debit card
- Download statements in multiple formats (xls, csv & pdf)
Flexibility
- Assign multiple users and roles
- Device agnostic transactions
- Customized account linking
Security
- Dual levels of authorization
- Two factor authorization
Bulk Payments
- Up to 9999 transactions at a time
*For more details on insurance, click here(it should be redirecting to attached PDF file)
Top features
Define your own cash deposit limit with flexi Next/Now*
24*7 Customer services in preferred languages
Beyond Banking-Account services, Tax payment, HR payroll etc*
Free offerings of CMS** facility
Platinum Debit Card Features
- 2 Free domestic airport lounge access per quarter across 30+ lounges in india
- Free personal accident insurance cover of ₹10,00,000
Frequently Asked Questions
About Ujjivan SFB Privilege Account
1.What is Privilege Current Account?
Privilege Current Account is one of the most customized current accounts the bank has to offer for mid to high end current account customers for their day to day business activities. The account comes with rich features catering to the said variants in the form of cash transactions, POS, ATM transactions, PG and QR.
2. What are the striking features of Privilege Current Account?
- Unlimited cash withdrawal from any branch.
- Higher cash deposit limit of ₹2.5 cr per month.
- Higher ATM withdrawal /POS transaction limit of ₹250,000 per day.
- Unlimited NEFT/RTGS/IPMS across all channels.
- Unlimited ATM transactions at Ujjivan ATMs.
- Beyond Banking solutions.
3. Which debit card comes with the Privilege Current Account?
PLATINUM Debit Card.
4. What is the MAB requirement for Privilege Current Account?
The MAB required for Privilege Current Account is ₹50,000.
5. How do I find out the minimum balance policy for Current Accounts?
The same is uploaded under SOC section for the respective Current Accounts in the website
6. How do I approach Ujjivan SFB to open Current Accounts?
Walk in to any of our branches. To locate the nearest Ujjivan Bank branch https://www.ujjivansfb.in/locate-us
7. What documents do I need to open Privilege Current Account?
To view the list of documents required for opening a Current Account with UjjivanSFB, please visit- https://www.ujjivansfb.in/current-account-document. The type of documentation depends on your business entity type.
8. How can I keep a track of all the payments made by me?
You can log in to the net banking to check all the payments made and received. Alternately you can also check the SMS alerts received after each successful transaction.
9. How do I close my current account?
For account closure, you may submit the account closure request at the account opening branch. The request letter needs to be on the company's letterhead and signed by authorized signatories. The Debit Card if any, and the unused cheques also need to be submitted
