An Activ Current Account customer enjoys a free limit of 150 transactions for every slab of ₹ 1 lakh of current month AMB balance maintained. There’s an upper Cap of 3000 transactions per month.
(Note: Total Transactions include count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions)
DD/POs (Bank Location) – 30 DD/PO free for every slab of ₹ 1 lakh of current month AMB balance maintained (Upper Cap of 1000 DD/PO per month)
DD/POs (Correspondent Bank Location) – No free limits
Activ Current account offers free NEFT/RTGS payments via both Net-banking/ Mobile-Banking and Branches.
IMPS charges on outgoing transactions (through NetBanking & MobileBanking) are as follows:
Upto ₹ 1000 : ₹ 3.5/- per transaction,
Above ₹ 1000 and upto ₹ 1 lakh: ₹ 5/- per transaction
Above ₹ 1 lakh and upto ₹ 2 lakhs: ₹ 15/- per transaction
(charges exclusive of GST)
An Activ Current Account customer enjoys multiplier benefits for cash deposit. The free limit offered is 10 times of current month AMB (Home + Non-home location). This is capped at a maximum of ₹ 50 crores per month.
NMC charges: ₹ 3,000/- per quarter (across all Locations)
An Activ Current Account customer may avail Zero NMC benefit in quarter subsequent to account opening quarter, if he/she is active on all 3 digital services (i.e. Net-Banking/ Mobile-Banking, Debit Card (ATM/ POS Txn) and Bill Pay) within first 2 months of account opening.
Additionally, the customer will enjoy Zero NMC if the credit throughput value through ME/MPOS/MEAPP in a quarter is ₹ 3 lakhs or more.
Cash withdrawal is completely free for home branch. In case of non-home branch, customer is offered a free limit upto 10 times current month AMB; capped at a maximum of ₹ 50 crores per month.
Activ Current account is best suited for merchants/traders, service providers & dukaandars, with local transactions and requirement of ME/MPOS/MEAPP, having turnover upto ₹ 50 lakhs
AQB Requirement: ₹ 10,000/- (All Locations)
Bank anytime, anywhere in person at a branch or ATM, from your laptop or mobile. Click here for more details.
Cheque Leaves – Free 100 cheque leaves for every slab of ₹ 1 lakh of current month AMB balance maintained (Upper Cap of 2000 cheque leaves per month)
Combined Cash Deposit (Anywhere in India) – 10 times of current account AMB* (Upper cap of ₹ 50 crores per month)
Cash Withdrawal (Non-Home Branch)- 10 times of current account AMB (Upper cap of ₹ 50 crores per month)
Cash Withdrawal is FREE at Home Branch
DD/ PO (Bank Location) – 30 DD/PO free for every slab of ₹ 1 lakh of current month AMB balance maintained (Upper Cap of 1000 DD/PO per month)
Cheque Leaves – Free 100 cheque leaves for every slab of ₹ 1 lakh of current month AMB balance maintained (Upper Cap of 2000 cheque leaves per month)
Total Transaction (includes count of Cash Deposit, Cash Withdrawal, Cheque Clearing and Fund Transfer Transactions) – 150 transactions for every slab of ₹ 1 lakh of current month AMB balance maintained. (Upper Cap of 3000 transactions per month)
* AMB - Average Monthly Balance