Rhodium Current Account - Business
Rhodium Current Account
Rhodium Current Account is for a customer who wants the elite Product for their Business. This Current Account offers all the major services so that it becomes convenient and cost-effective for Elite Businessmen, Top Professionals, Large Traders, etc. operating across the country handling bulk cash transactions, and processing a very large number of payments & collection transactions.
Features
- Monthly Average Balance : Rs 50,00,000/-
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Free monthly Cash Deposit up to 12 times of previous month MAB. Maximum Rs.1500 lakhs per month (w.e.f. 01.03.2026). (Inclusive of cash deposited in CDM/ADWM GCC, Home & Non-Home Branches)
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POS / YMA QR/ Bharat QR with Tap & Pay or Sound Box Offering: (w.e.f. 01.03.2026)
- Installation: Free
- Monthly services charges: Free
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Maximum Discounted POS / YMA QR/ Bharat QR with Tap & Pay or Sound Box Offered- Eight.
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The full waiver concessions offered in installation / monthly rental charges for POS machine / YMA QR/ Bharat QR with Tap & Pay or Sound Box is subject to minimum transaction amount of Rs.2 lacs per month per machine
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MDR on Domestic Credit Card: 1.00%, Maximum concessional transaction amount on Domestic Credit Card for Rhodium variant will be Rs.40 lacs per month. Beyond Rs.40 lacs MDR card rate would be applied
- CMP Offering:e-Collections, Bulk Payments & Liquidity Management- 100% Discount on card rate.
- UNLIMITED FREE Cash Withdrawal from Home Branch.
- UNLIMITED FREE RTGS and NEFT .
- FREE 5000 Multicity Cheque Leaves per month.
- UNLIMITED FREE Demand Drafts/Banker Cheques..
- Free Premium Business Debit Card with a withdrawal limit of Rs Rs 5,00,000/- per Day
- Convenience to withdraw and deposit cash at all 22000+ SBI Bank branches.
- Free access to the Safest, Securest, Fastest Corporate Internet Banking.
- No of discounted POS machine/QR Sound box Offering-8 (If more than INR 2 lacs transactions per months per POS with rebate on MDR charges).
- Concessions on card rate of e-collections and bulk payments in CMP offering
*Terms & Conditions Apply. The Bank reserves the right to change the above information at any time without prior notice.
Charges:
- Corporate Internet Banking:- FREE
- Statement of Current Account :- (First / Original) : FREE
- Duplicate Statement of Current Account:- Rs. 100/- + GST per page (40 entries)
- Cheque Leaves:-
- Free 5000 Cheque Leaves per month
- Cost of Extra Cheque Leaves Above Free Limit :-
- 3/- + GST per cheque leaf. 25 Leaf Cheque Book at Rs 75/- +GST
- 50 Leaf Cheque Book at Rs 150/- +GST
- Transfer of Account to other Branch:- FREE
- Cash Deposit (Home Branch):
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Free up to Rs. 12 times of previous month MAB. Maximum Rs.1500 lakhs per month (Inclusive of cash deposited in CDM, Recycler, GCC, Home & Non-Home Branches) (w.e.f. 01.03.2026)
- Above the free limit:
0.75 per 1000/-+ GST
Minimum Rs. 50/- + GST; Maximum Rs.20000/- + GST
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- Cash Deposit at CDM:-
- FREE
- Maximum Limit:Rs 49900/- per Transaction (Maximum of 200 pieces at any one instance.
- Cash Deposit (Non - Home Branch): Rs 10,00,000/-Per day
- Cash Withdrawal Home Branch :- UNLIMITED FREE
- Cash Withdrawal Non-Home Branch :- Rs. 5,00,000 /- Per Day (Self Only with Cheque)
- Cash Pickup :- Normal Charges + Agency Charges at actuals
- Account Keeping Charges :- Rs550/- + GST
- Current Account Closing Charges: Up to 14 days of Opening :- Nil
- Current Account Closing Charges After 14 Days up to 1 year :- Rs. 600/- + GST
- Closing charges after one year: Nil
- MAB Non - Maintenance Charges per Month:-
- If MAB < 50% Rs.25000/- per month + GST
- MAB> 50% then Rs.15000/- per month + GST
Last Updated On : Thursday, 29-01-2026
Interest Rates
6.95%
2 years to less than 3 years
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




