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Image UNION CASH PLUS CURRENT ACCOUNT(UCPCA)


Union Cash Plus Current Account (UCPCA) is a Current account variant to cater to the demands of customers having large number of transaction through cash mode.


Name of the Product

Union Cash Plus Current Account ( UCPCA)

Eligibility

Any Resident Individual-Single accounts, Two or more individuals-Joint Accounts, Sole Proprietary Concerns, Partnership Firms are eligible to open Union Cash Plus Current Account(UCPCA)

Minimum Balance Requirement

Balance ofRs.1.00 lakh to be maintained on a daily basis.

Remittances

Chargeable as per stipulated for normal current deposit account

Free Cash Deposit

1 ) Designated Branch: Maximum 1500 pieces of note  per day
2) Non- base branches: Rs.25000 per day

Cash Deposit Charges Beyond Free Cash Deposit per day

 For Designated Branch:
Above 15 packets i.e 1500 no of notes, charges will be levied @ Rs.5/- per packet or a part thereof. (Minimum Rs.50/- plus taxes at applicable rate. No maximum limit on charges)
Non- Base Branch:
For an amount up to Rs.25000 per day free of charges. Cash deposited in excess of Rs.25000/- service charges will be levied @ Rs.5/- per packet or a part thereof. (Minimum Rs.50/- plus taxes at applicable rate. No maximum limit on charges.)

Cheque Books Charges

As applicable to normal current deposit account.

Availability of the product

In designated Branches where currency chest is available.

DD charges

As applicable to Normal Current Account

Monthly Statement of Accounts

Will be sent by E-mail without any Charges.

Penalty for Non- Maintenance of Minimum Required Balance

Rs.500 + applicable service tax (per month)(in case the balance is not maintained any day/days during the month).