Bandhan Bank is a relatively new bank that was established in 2014. In this short time frame, the bank has set up over 900 branches all over the country. The bank’s mission is to provide its customers with simple, cost-effective financial solutions. It hopes to provide its services in a responsible and inclusive manner.
One of the many services that Bandhan bank provides its customers is the current account. A current account is a type of bank account that provides account holders with comparatively higher limits on the withdrawals and deposits made to the account. These accounts are usually held by individuals who run businesses and require high liquidity.
Bandhan Bank has a variety of current accounts that it offers its customers. One of these variants is the Biz Premium Current Account.
Features and Benefits
The following are the features and benefits of the Bandhan Bank Biz Premium Current Account:
- The average monthly balance requirement for the Biz Premium Current Account is Rs.1 lakh.
- The bank offers the Biz Premium Current Account holders free monthly account statements.
- Sole proprietors and individuals are provided a free ATM/debit card on opening their account.
- The bank provides its internet banking, mobile banking, and SMS banking facilities free of charge.
- Bandhan Bank Biz Premium Current Account holders receive free SMS and email alerts on transactions made against their account.
- The bank gives account holders a cash deposit limit of Rs.25 lakh per month free of charge.
- Account holders receive 500 free multicity cheque leaves each month.
- Bandhan Bank Biz Premium Current Account holders can make unlimited cash withdrawals at any of the bank’s ATMs. Additionally, account holders are provided with 50 free ATM transactions at other bank ATMs.
- The bank issues a balance certificate to account holders free of charge.
- Account holders have the benefit of carrying out transactions at any of the bank’s branches without having to incur any additional charges.
- Bandhan Bank account holders have the added benefit of the bank’s 24-hour customer care facility.
- Additional benefits to holding a Bandhan Bank Biz Premium Current Account is having the opportunity to attend seminars and workshops on trade and commerce, finance, and banking.
- Bandhan Bank Biz Premium Current Account holders also receive invitations to a number of lifestyle events including music concerts, art exhibitions, and movie screenings among many others.
Bandhan Bank offers account holders the benefit of effortlessly navigating through their business transactions. This can be seen through the bank’s high daily transaction limits and wide access to all of the bank’s branches as well as the bank’s various banking channels.
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