jiffy current account
A pause in business is never an option when you can easily manage all your banking in a Jiffy. NSDL Payments Bank offers Jiffy Current Account that serves as a solution for all your businesses banking needs. This account comes with free corporate internet banking portal which allows you to manage your funds, make online payments, money transfers and much more 24*7.
Key Features
Average Monthly Balance
Enjoy the convenience of digital banking with average monthly balance of Rs.50,000/-
Free NEFT Fund Transfers
Enjoy 50 free NEFT fund transfers every month
Corporate Internet Banking
Access corporate internet banking portal anytime, anywhere without any charges. It allows you to manage your funds, make online payments, money transfers and much more 24*7
rate & charges
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Minimum Average Monthly Balance (AMB)
Rs. 50,000
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Maximum Balance
Rs. 2,00,000
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Fund Transfer to Partner Bank Linked Account through Sweep facility#
No
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Balance Non- Maintenance charges per month
Rs. 1000 + GST
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Initial Deposit
Rs. 50,000
#Customers will be given a choice for opting a partner bank which will be considered for moving out excess funds. As of now sweep facility is not available on any Current Account
^No Upper Limit applies for these accounts as the threshold of 1 lakh is not applicable.
*No Upper Limit for daily balance as day end excess funds will be moved to broker account basis e-mandate signed.
Inward - (Internet Banking)
IMPS/NEFT/RTGS
Free
Outward -
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Intra Bank (Within NSDL Payments Bank Accounts)
Free
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IMPS
Free upto 25 transactions per month
Beyond free limit same as standard IMPS slab
Up to Rs. 1,00,000 - Rs. 5 + GST
Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15.00 + GST
Rs. 2,00,001 to Rs. 5,00,000 – Rs. 25 + GST
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NEFT
Free upto 50 transactions per month
Beyond free limit same as standard NEFT slab
Up to Rs. 10,000 - Rs. 2.50 + GST
Rs. 10,001 to Rs. 1,00,000 - Rs. 5.00 + GST
Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15.00 + GST
>Rs. 2,00,000 - Rs. 25.00 + GST
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RTGS
Rs. 2,00,000 to Rs. 5,00,000 - Rs. 30.00 + GST
>Rs. 5,00,000 - Rs. 55.00 + GST
NEFT - National Electronic Funds Transfer, IMPS - Immediate Payment Services, RTGS - Real Time Gross Settlement
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Cash Deposit
Free up to - 5 transactions per month or 2.5 Lakhs per month whichever is earlier
Charges beyond Free limit - Rs 3 per Rs 1,000 + GST
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Fund Transfer (NEFT/RTGS/IMPS)
NEFT through Branch
Up to Rs. 10,000 - Rs. 2.50 + GST
Rs. 10,001 to Rs. 1,00,000 - Rs. 5.00 + GST
Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15.00 + GST
>Rs. 2,00,000 - Rs. 25.00 + GST
RTGS through Branch
Rs. 2,00,000 to Rs. 5,00,000 - Rs. 30.00 + GST
>Rs. 5,00,000 - Rs. 55.00 + GST
Cash Withdrawal from branch is not allowed and can be done from ATM's only using Debit Card
Account Statements -
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Email Statement (Monthly)
Free
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Physical Statement (Adhoc)
Rs. 200 + GST per request
Standing Instructions / ECS -
-
Setting up of Standing Instructions (Digitally)
Free
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Setting up of Standing Instructions (Branch)
Rs. 100 + GST per request
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SI Rejects
Free
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Setting up of ECS
Free
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ECS Return/Rejects
Rs. 500 + GST per instance
Miscellaneous
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Balance Confirmation Certificate
Rs. 100 + GST
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Monthly Account Maintenance Charge
(Covers SMS Alerts, Free NEFT transactions, Setting up of SI/ECS, etc.)Rs. 50 + GST
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Account Closure Charges*
Rs. 750 + GST
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Signature Verification Certificate / Photo Attestation
Rs. 100 + GST per request
*Applicable only if the account is closed > 14 days or < 12 months of account opening.
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