TMB Super Value Current Account
The TMB Super Value Current Account is designed for high-transaction individuals, entrepreneurs, business owners, start-ups, large traders, export houses, companies, institutions, manufacturers and service providers
Unlimited free cheque leaves
Free outward remittances
Sweep and reverse sweep
₹25 lakh accident cover
Overview
The TMB Super Value Current Account is a feature-rich current account for businesses and individuals with high transaction requirements. It offers greater transaction convenience, fee waivers and effective management of surplus funds
Product Highlights
Enjoy unlimited counter transactions, unlimited free cheque leaves, free outward remittances, a personalized account number, free POS facility and complimentary digital banking services
Features and Benefits
The account offers sweep and reverse-sweep facilities, free eligible debit cards, free account-related services and ₹25 lakh Personal Accidental Insurance coverage, subject to applicable conditions
Eligibility
The account is available to Individuals, Sole Proprietorship Firms, One Person Companies, HUFs, Partnerships, Limited Liability Partnerships, Private and Public Limited Companies, Trusts, Associations, Societies and Clubs
Account details
Get a quick overview of the eligibility requirements, balance conditions and key facilities available with the TMB Super Value Current Account
Key account information
| Particulars | Details |
|---|---|
| Eligible Customers | Individuals, Sole Proprietorship Firms, One Person Companies, HUFs, Partnerships, LLPs, Private and Public Limited Companies, Trusts, Associations, Societies and Clubs |
| Targeted Segments | High-transaction individuals, entrepreneurs, business owners, start-ups, large traders, export houses, companies, institutions, manufacturers and service providers |
| Monthly Average Balance | ₹10,00,000 |
| Non-Maintenance Charge | ₹2,500, exclusive of GST |
| Personalized Account Number | Customers can select the last 10 digits of the 15-digit account number, subject to availability |
| Counter Transactions | Unlimited |
| Personal Accidental Insurance | Death-only cover of ₹25 lakh for any one beneficial owner, subject to applicable conditions |
| Debit Cards | VISA/Master Business Platinum Debit Card and RuPay Select Card available free |
| Account Statements | Free eStatements available daily, weekly, fortnightly or monthly |
| Physical Statement | Not available; email ID updation and email statement are mandatory |
| Account Closure | Nil up to 14 days; ₹1,500 above 14 days and below one year; Nil after one year |
Transaction benefits and important conditions
Explore the free transaction facilities, cash deposit limits, sweep benefits and important conditions associated with the TMB Super Value Current Account
Transaction benefits at a glance
| Facility | Details |
|---|---|
| Cash Deposit Limit | Up to 10 times the previous Monthly Average Balance or ₹1 crore, whichever is lower |
| Cash Handling Charges | Beyond the free limit, ₹5 per ₹1,000, subject to a minimum of ₹50 per transaction |
| Small-Denomination Cash Deposits | Free |
| New Account Concession | No cash deposit charges for the first two months |
| Counter Transactions | Unlimited |
| Cheque Book Facility | Unlimited cheque leaves free |
| Outward Remittances | NEFT, RTGS and IMPS outward transactions are free |
| Sweep-Out Facility | Balance above ₹10 lakh is transferred to a Fixed Deposit in multiples of ₹1 lakh or the customer-selected amount, whichever is higher |
| Fixed Deposit Period | Minimum 7 days and maximum 15 days, as selected at the time of account opening |
| Reverse-Sweep Facility | Fixed Deposits are closed on a Last In, First Out basis to meet withdrawals exceeding the Current Account balance |
| Digital and Account Services | SMS alerts, Internet Banking, Mobile Banking, duplicate statements, balance confirmation and signature verification are free |
| Initial MAB Concession | No non-maintenance charge for the first two months when Mobile or Internet Banking is activated |
Frequently Asked Questions
Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account
