Business Edge Current Account
Benefits Of Ujjivan Current Account
Business Edge Current Account
Cutting-edge advantage to your business
Our Business Edge Current Account offers comprehensive banking solutions, exclusively designed to help retailers as well as Micro and Small Medium Enterprises (MSMEs) customers carry out business as per their changing needs
It has all the features of a Current Account with a dash of other value-added services which sets it in a class apart. Since small businesses and start-ups are flexible about their deposits and balances, we cater to different types of businesses with diverse needs.
Features
Flexi Next (based on following slabs of Monthly Average Balance or MAB) | Flexi Now (based on following slabs of Monthly Average Balance or MAB) |
---|---|
MAB: < ₹1 Lakh: 12 times of average balance maintained in the PREVIOUS month or ₹5 lakhs, whichever is higher. | MAB: < ₹1 Lakh: 12 times of average balance maintained in the CURRENT month or ₹5 lakhs whichever is higher. |
MAB: ₹1 Lakh - < ₹5 Lakhs: 15 times of average balance maintained in the PREVIOUS month. | MAB: ₹1 Lakh - < ₹5 Lakhs: 15 times of average balance maintained in the CURRENT month |
MAB: >= ₹5 Lakhs: 20 times of average balance maintained in the PREVIOUS month. | MAB: >= ₹5 Lakhs: 20 times of average balance maintained in the CURRENT month |
Eligibility
To be eligible for a Business Edge Current Account, you must have any of the following:
- Resident individual
- Sole proprietorship
- Partnership firm
- Limited liability partnership
- Limited company
- One Person Company
- Hindu undivided family
- Section 8 / Section 25 Companies
- Trust, Association, Society, Club
Other Details
- Need for maintenance of monthly average balance of ₹25,000 per month
- Non-maintenance of the minimum balance entails a fee of ₹750 + GST per month.
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