RERA Current Account - Business
RERA Current Account
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Features
- Account Zero*: Realtors Designated Master Collection Account used for receiving of 100% of the collections. Collected amount transfer through automated sweep facility to Account 1.
- Account One: Realtor’s Current Account for receipt of 100% Collections [Auto transfer to Account Two and Account Three
- Account Two: Realtor’s Current Account for Depositing / Parking minimum 70 % of Collections. Amount auto transfer from Account One. [This account is called Escrow Account or Designated Separate Account]
- Account Three: Realtor’s Current Account for Day-to-Day operations for receiving 30% of Collections (funds to be transferred from Account One).
- Sweep facility to Term Deposits: Sweep facility to Term Deposits allowed only if permitted by concerned RERA Authority for the State
*Projects having multiple promoters and situated in Maharashtra
Monthly Average Balance (MAB) :
| Realtors Designated Master Collection Account Zero & Account One |
NIL |
|---|---|
| Realtors Current Account Two & Three |
10,000/- |
- Account Three Realtors Current Account Features
- Free monthly cash deposit- ₹ 5,00,000/- (Inclusive of cash deposited in CDM, Recycler, GCC, Home & Non-Home Branches)
- Cash withdrawal limit at non-home branches -₹ 2,00,000/- per day
- Free monthly one cheque book of 50 leaves
- Free Pride Business debit Card (issuance)
- *Terms & Conditions Apply. The Bank reserves the right to change the above information at any time without prior notice
- For more information about our Current Account products, please email us at ask.ca@sbi.co.in with the subject “PRODUCT ASSISTANCE”.
Charges
For more details on service charges please visit https://sbi.bank.in/web/personal-banking/information-services/kyc-guidelines/revised-service-charges
- *Terms & Conditions Apply. The Bank reserves the right to change the above information at any time without prior notice
- For more information about our Current Account products, please email us at ask.ca@sbi.co.in with the subject “PRODUCT ASSISTANCE”.
General Guidelines
- *Terms & Conditions Apply. The Bank reserves the right to change the above information at any time without prior notice
- For more information about our Current Account products, please email us at ask.ca@sbi.co.in with the subject “PRODUCT ASSISTANCE”.
Last Updated On : Wednesday, 16-09-2026
Interest Rates
6.90%
2 years to less than 3 years
7.05%*
5 years and up to 10 years
*T & C Applied
5.75% p.a.
for loan amount up to Rs. 2 lacs
7.90% p.a.
for loan amount > Rs. 2 lacs up to Rs. 6 lacs




