Standard Chartered Smart Business Account offers all bank services businesses need for everyday transactions. Suitable for small and medium businesses, this account comes with a lot of flexibility.
Its advantage is that holders are not obliged to keep a balance on it. You can maintain the account with 0 balance and pay Rs. 2,500 for its administration. On the other hand, when you succeed in keeping a minimum of Rs. 10,000 per month you pay zero fees for the maintenance and most of the services.
Apart from basic services such as free cash deposits of up to Rs. 50 lakhs, free withdrawals in India and online services, this account has more benefits. It provides a cash management system to organize and help you keep track of account expenses, including delayed cheques and alerts.
What is more, you receive a free business Mastercard to use for your payments and transactions. You can easily use the account and card online. Standard Chartered Bank has developed the Straight2Bank service, that facilitates all transactions to be done online simply and quickly.
Several kinds of entities are eligible for this account, including sole proprietors, partnership firms, public and private companies as well as other societies or professionals.
Advantages:
