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Premier Current Account

Offering high convenience of cash handling and deposit, coupled with fast processing of online financial transactions

Key Features
A feature-rich account designed to suit the high-transaction requirements of mid to large sized businesses

Benefits Image

Other Benefits

  • Free Debit Card issuance
  • Waiver of Debit Card Annual Maintenance Charges (AMC)
  • Cash Withdrawal limit of INR 50,000
  • E-commerce and Point of sale (POS) limit of INR 50,000 each
  • Free unlimited transactions on SVC Bank ATMs
  • 10 Free transactions on other Bank ATMs
  • Complimentary Personal Accidental Death Insurance Cover of INR 2 Lakhs on RuPay Platinum Debit Card*
  • Enjoy yearly complimentary Domestic & International Lounge Access, one each, with your RuPay Platinum Debit Card at participating lounges. Visit www.rupay.co.in/lounges for the updated list of eligible Lounges. T&C apply.
  • 24/7 access to Concierge Services*
  • Corporate NetBanking enabled
  • 400 Free Cheque Leaves per annum
  • Free NEFT / RTGS transactions
  • 40 Free DD / PO per month, up to INR 5,00,000
  • Free unlimited Cash Withdrawal at Base Branch
  • Cash withdrawal limit of INR 75,000 at other SVC Bank Branches
  • Cash Deposit limit of up to INR 8,00,000 or 10 times the Average Monthly Balance (AMB) at any SVC Bank Branch
  • Zero folio charges
  • Free SMS Alerts and E-mail Account Statements
  • Auto Sweep-in / Sweep-out Facility (On request only)^
  • Any Branch Banking enabled

*Debit Card terms & conditions apply. Debit Cards are only issued to Proprietorship concern & Individuals. Please note that these facilities are provided by RuPay and are only available on RuPay Platinum Debit Card. For more information, visit: www.rupay.co.in
^ On customer’s request
Note: Other charges, as per Bank's Schedule of Charges, are applicable

FAQ

A Premier Current Account holder needs to maintain an AQB (Average Quarterly Balance) of INR 50,000

Charge of INR 750 is applicable per quarter if AQB is not maintained

Premier Current Account has Debit Card per day limit of INR 50,000 each across ATM, POS and Ecommerce.

A Premier Current Account holder is entitled to receive 400 cheque leaves free per annum and 40 DD / PO (up to value INR 500,000) free per month

No charges for NEFT / RTGS transactions through Branch Banking as well as Internet Banking

Premier Current Account has a cash deposit limit of INR 800,000 or 10  times of AMB, whichever is higher.

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