Types of SBI current accounts – 2 | Fusion - WeRIndia

In the previous article, you have known about a few types of SBI current accounts. Read on to know about more types of SBI current accounts in this article.

Surbhi current account is suitable for corporates, trusts and institutes. It offers a sweep facility to customers. It is a value-added service that enables customers to opt for sweep or reverse sweep to Corporate Liquid Term Deposits (CLTD). The MAB is ₹10,000. A cash deposit of ₹25,000 per day is allowed for free, and free cash withdrawals from the home branch are allowed. From non-home branches, cash withdrawal is capped at ₹50,000.

Power Gain Current Account is suitable for premium businessmen, traders, and professionals. These account holders can access the fastest and safest internet banking. The MAB is ₹2 lakhs. Cash deposits of up to ₹15 lakhs per month are free. Cash withdrawals from the home branch are free, while cash withdrawal from the non-home branch is capped at ₹50,000.

Power POS or zero balance current account can be opened with zero balance. The bank offers an overdraft facility of up to ₹5 lakhs to eligible customers. The MAB is ₹5,000. A cash deposit of ₹25,000 per day is allowed for free. While free cash withdrawals from the home branch are allowed, cash withdrawal is capped at ₹50,000 from the non-home branch.

Power Pack current account is suitable for those who perform a large number of transactions and collect bulk payments. It can be used by customers of all segments with a POS facility. The MAB is ₹5 lakhs. A cash deposit of up to ₹60 lakhs per month is allowed for free. Cash withdrawal from both the home branch and non-home branch is the same as above.

Power Jyoti Current Account is an exclusive account. It is ideal for government bodies, firms etc., to collect fees and funds.  The MAB is ₹50,000. Cash withdrawal from the home branch is free.

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