Power POS Current Account (With POS Machine) - Business
Power POS Current Account
Power POS is an exclusive Current Account for customers availing POS facility . This account can be opened with Zero Balance . Overdraft facility is also available in Power POS Current Account . It provides many additional services at nominal charges along with Free access to Safest , Secure and Fastest Corporate Internet Banking services.
Features
- Low Monthly Average Balance :Rs 5000.
- Ideal for Customers with POS facility.
- Free Cash Deposit upto Rs 25000/- per day.
- UNLIMITED number of Payments and Withdrawal facility options are available at 24000+ Branches across India and Convenience to withdraw and deposit cash at all 24000+ SBI Bank branches.
- Free Cash Withdrawal from Home Branch.
- Free collection through RTGS and NEFT .
- Free Multicity 100 Cheque Leaves in a Financial year( thereafter 50% off on normal cheque rates.)
- Target Customers : Customers of All Segments with POS Facility.
- Monthly Average Balance : Rs. 5,000
- Corporate Internet Banking : FREE
- Monthly Statement of Current Account : FREE (First / Original)
- Duplicate Statement of Current Account : Rs. 100/- + GST per page (40 entries)
- Cheque Leaves
- Number of Free Multicity Cheque Leaves : 100 Multicity cheque leaves free.
- Cost of Extra Cheque Leaves Above Free Limit : Thereafter 50% of the Normal Charges
- Transfer of Account to other Branch : FREE
- MAB Non - Maintenance Charges per Month : Rs. 500/- +GST Per Month
- For further information on Regular Current Account, Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply).
Facility
- Over Draft Facility : Available up to Rs. 5 lakhs.
- Loan Amount : 25% of last 6 months transaction.
- Min : Rs 25000/-
- Max: Rs 5 Lacs
- Facility is Available:
- Only after 6 months after installation and satisfactory operation of terminal with all terms and conditions remaining same.
- Satisfactory operations will necessarily mean, the terminal has not been levied commitment charges due to inactivity of terminal.
- To be eligible for eligible for OD , the merchant must have generated a transaction volume of atleast Rs 1.25 lakh on the terminal(s) installed in the last 6 months to be eligible.
- For further information on Regular Current Account, Please Contact Nearest SBI Branch or Call - 1800112211 (Toll Free) , 18004253800 (Toll Free) , 08026599990 (Charges Apply).

Interest Rates
8.85% p.a.
Loan amount up to Rs. 3 lakhs
8.95% p.a.
> Rs. 3 lakhs & up to Rs. 5 lakhs
Current Account
Other Products

Power POS Current Account (With POS Machine)

Criteria
- Features
- Eligibility
- Terms and Conditions

Interest Rates
8.85% p.a.
Loan amount up to Rs. 3 lakhs
8.95% p.a.
> Rs. 3 lakhs & up to Rs. 5 lakhs