Current Account for Startups - iStartup 2.0 Account
ICICI Bank has introduced ‘iStartup 2.0’, a range of business solutions to assist you beyond your business and banking needs that will help you save time and effort, so that you focus on your core business functions.
Nil Quarterly Average Balance (QAB) requirement
Features & Benefits:
- Complimentary Business Gold Debit Card
- Complimentary 100 IMPS payments for every Rs 1 lakh Minimum Average Balance (MAB) maintained
- Complimentary cash deposit limit up to 6 times the maintained MAB or Rs 75 crore, whichever is lower, from anywhere
- Dedicated Relationship Manager and Priority Customer Care Service
- Preferential Pricing for trade transactions.
For the detailed schedule of charges, Click Here
Quarterly Average Balance (QAB) requirement of Rs 1,00,000
Features and benefits:
- QAB waiver up to one year*
- Complimentary 10 outward cheque returns per month
- Preferential pricing for trade transaction
- Complimentary 150 branch transactions per month for every Rs 1 lakh of balance maintained
- Complimentary 50 Immediate Payment Service (IMPS) transactions per month for every Rs 1 lakh of balance maintained
- Complimentary Business Gold Debit Card
- Dynamic Complimentary cash deposit limits of up to 10 times the maintained Monthly Average Balance (MAB) or Rs 2.5 crore, whichever is lower
For the detailed schedule of charges, Click Here
Quarterly Average Balance (QAB) requirement of Rs 25,000.
Features and benefits:
- QAB waiver up to one year*
- Complimentary 2 outward cheque returns per month
- Complimentary 100 branch transactions per month for every Rs 1 lakh of balance maintained
- Complimentary Business Gold Debit Card
- Dynamic Complimentary cash deposit limits of up to 10 times the maintained Monthly Average Balance (MAB) or Rs 1.2 crore, whichever is lower
For the detailed schedule of charges, Click Here
Startup Current Account Eligibility & Required Documents
Startups current account can be opened within ten years from the date of incorporation of business.
You are eligible if you fall under any of the following categories and have businesses to run:
- Partnership Firms and Limited Liability Partnerships (LLPs)
- Private and Public Limited Companies and One Person Companies (OPCs)
Click here to know the document required to Open a startup current account
FAQ's
