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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.

Features:

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 lac to be maintained on a
daily  basis.

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).

Remittances

Chargeable as per stipulated for normal current deposit account

Inter Branch Transfer

 

Free

Free Cash Deposit

1 ) Designated Branch: Maximum 1500 pieces of note  per day
2) Non- base branches: Rs.25000 per day (as per I.C  944  dated  19.08.17  on  service  charge  for  cash deposits in current account)

Cash Deposit Charges Beyond Free Cash Deposit per day

 1) 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)
 2) Non- Base Branch:
For an amount upto 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.

Conversion of existing accounts

   Permitted.

Charges for Purchase of DD/outstation cheques for collection/standing instruction/auto sweep

  As applicable to Normal Current Account

Annual Maintenance Charge for DEBIT Card

  As Per Debit Card Policy.

Monthly Statement of Accounts

  Will be sent by E-mail without any Charges.

Nomination

  Nomination Facility is available


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