PNB “START UP” Current Account Scheme for Start Up Businesses
A programme by Punjab National Bank
A current account for start-up businesses that hold a Start-up Certificate of Recognition, with the minimum balance waived for the first 24 months.
At a glance
| Best for | Start-up businesses holding a valid Start-up Certificate of Recognition |
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About PNB “START UP” Current Account Scheme for Start Up Businesses
A current account scheme from Punjab National Bank for start-up businesses. The page says all entities eligible to open a current account can hold it, with a valid Start-up Certificate of Recognition as an additional condition.
What you get
- Minimum balance waiver for the first 24 months. After that, a monthly average balance applies.
- Free online transactions, folio charges and SMS alerts.
- Free cash deposits up to a monthly limit set as a multiple of your average balance, with an upper cap.
- A free business debit card, Master or RuPay.
- 100 free cheque leaves and 10 free demand drafts a month.
- A discount on the monthly rental of POS, QR and sound box payment devices.
- Annual locker rent waived for the first year for one small locker.
Who can apply
- Entities holding a valid Start-up Certificate of Recognition.