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ImageUnion Classic Current Account for Banks (UCCA-B)

Eligibility :

UCCA - B is the Premium Current Account Product tailored for Banks including Co-operative Banks and RRBs. This product facilitates the banks for free remittances and free cash transactions up to certain level.

Average Monthly Balance (AMB):-

  • For Scheduled Commercial Banks:- Rs. 100 Lacs
  • For RRBs and Co-operative Banks:- Rs. 50 Lacs

Features :

Eligibility

Banks including RRBs and Coop Banks

AMB to be maintained

For Scheduled Commercial Banks:- Rs. 100 Lacs
For RRBs and Co-operative Banks:- Rs.  50 Lacs

Date for calculation of AMB

16th of Previous month to 15 th of Current month

Free Cash Deposit

For Scheduled Commercial Banks:- Rs. 250 Lacs per month
For RRBs and Co-operative Banks:- Rs. 50 Lacs per day

Free Cash Deposit at non base branch

NIL

Restriction in Cash Deposit

No intersol cash deposits. Denominations less than Rs 100 not accepted

Remittance through DD/NEFT/TRTGS etc

For Scheduled Commercial Banks:- Rs. 100 Lacs per day

For RRBs and Co-operative Banks:- Rs. 125 Lacs per month

Free Cheque Book

100 leaves per month. Normal charges beyond the limit

Cash Withdrawal

At Base Branch only. Withdrawals in excess of Rs10 lacs in
 Rural/Semi-Urban centres, requires one day notice.

Penalty for non maintenance  of AMB

Rs 10000/- + GST

Facility :

  • Criteria for concessions:- AMB of previous month (16th to 15th ). (Usual charges for facilities if AMB not maintained).
  • Penalty :-If during any month, AMB is not maintained, a penalty of Rs.10,000 per month will be levied by default.

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