Business Privilege Current Account
With industry best features in its category, PRIVILEGE Current Account comes with real privileges to ensure all your banking needs.
Higher cash transaction and card limits, complimentary insurance cover for your business, NIL cost on POS installation and free CMS* services are some of the features which will make your account go seamless.
Highlights
Unlimited cash withdrawal
from any branch
200 Cheque leaves
per quarter
Income proof not
required
Unlimited ATM transactions
at Ujjivan ATMs
* Privilege Current account facility is available at select branches.
Privilege Current Account
Introducing Ujjivan SFB Privilege Current Account, a premium account for your business transactions. The account offers some of the best features to ensure that you get a rewarding banking experience.
With the Ujjivan SFB Privilege Current Account, you get higher transaction limits, no charges for POS installation, complimentary insurance coverage, and more. Please note that Privilege Account facility is only available at select branches.
Features
Digital Convenience
- Change password
- Search transactions
- Check transaction timeline
- Access through any device of your choice
Online Transactions
- IFT/NEFT/RTGS/IMPS facility
- Schedule transactions and set standing instructions
- Bill payment facility
Other online services
- Real-time status of cheque/DD/Debit card
- Download statements in multiple formats (xls, csv & pdf)
Flexibility
- Assign multiple users and roles
- Device agnostic transactions
- Customized account linking
Security
- Dual levels of authorization
- Two factor authorization
Bulk Payments
- Up to 9999 transactions at a time
*For more details on insurance, click here(it should be redirecting to attached PDF file)
Top features
Define your own cash deposit limit with flexi Next/Now*
24*7 Customer services in preferred languages
Beyond Banking-Account services, Tax payment, HR payroll etc*
Free offerings of CMS** facility
Platinum Debit Card Features
- Lounge Access – 1 complementary lounge per quarter across any 65+ domestic airport or 7+ railway station
- Free personal accident insurance cover of ₹10,00,000
Minimum Requirements
How to open a Ujjivan Privilege Current Account Online
Need help? Contact our 24/7 customer support or visit your nearest branch.
Frequently Asked Questions
About Ujjivan SFB Privilege Account
1.What is the Privilege Current Account?
The Privilege Current Account is an exclusive and premium bank account for businesses. It offers premium banking features, higher transaction limits and a host of other privileges to account holders.
2. What are cash deposits and withdrawals in the Ujjivan SFB Privilege Current Account?
The cash deposit limit in Ujjivan SFB Privilege Current Account is ₹2.5 crore a month. However, you can enjoy unlimited cash withdrawals across any branch.
3. Can I access my Privilege Current Account online?
Yes, you can manage your Privilege Current Account conveniently through our Ujjivan online banking portal or mobile app.
4. What is the minimum balance requirement in the Privilege Current Account?
The minimum balance in the Privilege Current Account is ₹50,000.
5. What are the offers on the Platinum Debit Card?
With the Platinum Debit Card issued with the Privilege Current Account, you get two complimentary airport lounge access across 30+ airports in India. Plus, a personal accident cover worth ₹10 lakh is also provided.
6. How do I track my transactions in the Ujjivan SFB Privilege Current Account?
The Ujjivan SFB Privilege Current Account offers a net banking facility wherein you can log into your account and check your transactions. Alternatively, the SMS alert facility is also allowed wherein you get regular SMS updates for the transactions done.
7. How many cheque leaves are issued with the Privilege Current Account?
You get 200 free cheque leaves per quarter with the Ujjivan SFB Privilege Current Account.
8. Where can I open the Privilege Current Account?
You can open the Privilege Current Account offline at select Ujjivan SFB branches. To find your nearest branch, visit 'Locate Us' on the bank's website and find the branch at your preferred location.
9. What is the coverage amount under the Shopkeeper's Insurance Policy offered with the Privilege Current Account?
The maximum value at risk under the Shopkeeper's Insurance Policy is ₹5 lakh.
10. Can I close the Privilege Current Account?
Yes, you can close the Ujjivan SFB Privilege Current Account by submitting an account closure request at the branch from where you opened the account. The closure request should be on your company's letterhead and signed by authorised signatories. You should also submit the unused cheque leaves and the debit card.
