iStartup 2.0 Account
ICICI Bank has introduced ‘iStartup 2.0’, a range of business solutions to assist you beyond your business and banking needs that will help you save time and effort, so that you focus on your core business functions.
iStartup 2.0 has three variants catering to your specific startup needs.
Quarterly Average Balance (QAB) requirement of Rs 25,000.
Features and benefits:
- QAB waiver up to one year*
- Free 2 outward cheque returns per month
- Free 100 branch transactions per month for every Rs 1 lakh of balance maintained
- Free Business Gold Debit Card
- Dynamic cash deposit, i.e. Anywhere free cash deposit of up to 10 times the maintained Monthly Average Balance (MAB) or Rs 1.2 crore, whichever is lower
Quarterly Average Balance (QAB) requirement of Rs 1,00,000
Features and benefits:
- QAB waiver up to one year*
- Free 10 outward cheque returns per month
- Preferential pricing for trade transaction
- Free 150 branch transactions per month for every Rs 1 lakh of balance maintained
- Free 50 Immediate Payment Service (IMPS) transactions per month for every Rs 1 lakh of balance maintained
- Free Business Gold Debit Card
- Dynamic cash deposit, i.e. Anywhere free cash deposit of up to 10 times the maintained Monthly Average Balance (MAB) or Rs 2.5 crore, whichever is lower
Quarterly Average Balance (QAB) requirement of Rs 5,00,000
Features and benefits:
- QAB waiver up to one year*
- Unlimited outward cheque returns
- Preferential pricing for trade transaction
- Free 200 branch transactions per month for every Rs 1 lakh of balance maintained
- Unlimited Demand Drafts (DDs)/Pay Orders (POs)
- Free Business Gold Debit Card
- Free 100 Immediate Payment Service (IMPS) transactions per month for every Rs 1 lakh of balance maintained
- Dynamic cash deposit, i.e. Anywhere free cash deposit of up to 12 times the maintained Monthly Average Balance (MAB) or Rs 10 crore, whichever is lower
*Customer is transaction active (minimum amount of Rs 1,000 transaction value) on Corporate Internet Banking or InstaBIZ mobile application within 2 months of account opening.
Eligibility
iStartup 2.0 can be opened within ten years from the date of incorporation of business.
You are eligible if you fall under any of the following categories and have businesses to run:
- Partnership Firms and Limited Liability Partnerships (LLPs)
- Private and Public Limited Companies and One Person Companies (OPCs)
Click Here for Documentation required for opening Current Account