TMB TASC Account

A customised current account designed to help organisations manage collections, disbursements and operational funds with clarity and ease

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Suitable for trusts, societies, clubs and associations

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Designed for smooth fund collection and expense management

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Supports digital banking and bulk transaction needs

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Transparent maintenance and service structure

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Overview

The TMB TASC Account is created to meet the banking requirements of institutions such as trusts, societies, clubs, associations, religious bodies, charitable organisations and registered groups

 
Product Highlights

The account enables institutions to maintain operational transparency with structured deposits, payments and fund management. Customers benefit from digital channels for transactions, convenient branch support, clear service terms and documentation designed specifically for institutional needs

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Features and Benefits

The TMB TASC Account offers flexibility in fund handling, allowing organisations to collect contributions, disburse payments and manage expenses in a controlled, accountable manner. Institutions can access digital banking, cheque facilities and transaction records tailored to their governance requirements

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Eligibility

The account is available for non-profit and institutional entities including: Trusts (public, private, charitable), associations and societies, clubs and cultural bodies, educational, religious, recreational and welfare organisations

Features & benefits

The TMB TASC Account is designed to support non-commercial institutions with zero balance requirements, free core banking services, and simplified transaction handling—ensuring smooth financial operations without added cost

Feature overview

Category arrow_downwardFeatures arrow_downward
Target GroupTrusts, Associations, Societies, Clubs, Hospitals, Schools and Colleges
Minimum Average Balance (MAB)No minimum balance requirement
Cash withdrawalParent / Satellite Branch:Free for self-withdrawalThird-party withdrawals allowed up to ₹50,000 per day
Cash remittanceParent Branch (including Intra-Zone / Intra-City branches) and Satellite Branch:Self / Third Party – No limit
SMS Alert ChargesFree
Cheque Book Issuance ChargesFree
Stop Payment InstructionsFree
Issue of Duplicate Account StatementFree
RTGS ChargesFree
NEFT ChargesFree
Outward Cheque Collection ChargesFree
Cheque Return Charges. Inward Clearing: ₹1.50 + GST per ₹1,000Minimum: ₹500 + GSTMaximum: ₹15,000 + GST per instrument 
. Outward Clearing: Free
Demand Draft ChargesFree

Frequently Asked Questions

Find answers to the most common questions about eligibility, benefits, and
features of the TMB Royal Savings Bank Account

A TASC Account is a specialised account designed for trusts associations societies and clubs.

A TASC Account is a specialised account designed for trusts associations societies and clubs.
Registered trusts associations societies and similar entities meeting eligibility norms can open this account.

Registered trusts associations societies and similar entities meeting eligibility norms can open this account.
The account supports receipts payments and operational transactions of the institution.

The account supports receipts payments and operational transactions of the institution.
Internet banking and other digital services are available as per bank policy.

Internet banking and other digital services are available as per bank policy.
Service charges apply as per the bank’s prevailing schedule of charges.

Service charges apply as per the bank’s prevailing schedule of charges.
A TASC Account is a specialised account designed for trusts associations societies and clubs.

A TASC Account is a specialised account designed for trusts associations societies and clubs.
Registered trusts associations societies and similar entities meeting eligibility norms can open this account.

Registered trusts associations societies and similar entities meeting eligibility norms can open this account.
The account supports receipts payments and operational transactions of the institution.

The account supports receipts payments and operational transactions of the institution.
Internet banking and other digital services are available as per bank policy.

Internet banking and other digital services are available as per bank policy.
Service charges apply as per the bank’s prevailing schedule of charges.

Service charges apply as per the bank’s prevailing schedule of charges.