Our GEM Current Account is designed specifically for government suppliers, vendors and contractors. It gives you the preferred flexibility with no minimum MAB requirement.

Features and benefits

• No minimum MAB requirement
• Free NEFT/ RTGS Transactions carried out through online channels or at the branch
• Free unlimited cheque leaves
• Free cash deposit up to Rs ­50 lakh per month
• Free Debit Card with facility to enhance withdrawal limits
• Free Mobile Banking and Internet Banking
• Express bank guarantee

View detailed schedule of charges

Eligibility

• Government suppliers
• Government vendors
• Government contractors

Value added services

• Door-step Banking and Cash Management Services: Services such as cheque pick-up, cash pick-up/delivery, cheque printing
• iPay: Bulk payments to multiple beneficiaries through RTGS, NEFT and Funds Transfer in a single file upload
• Bulk payments: Payment to Adhoc Beneficiary (PAB) and Payment to Registered Beneficiary (PRB) functionality
• E-collections: Ease of reconciliation, as it highlights name and details of payees in accounting statement

Terms and Conditions apply.