Multi-City Current Account
If your business extends across several cities of the country, KVB’s Multi-city Account is just the right current account for you. At affordable balances, KVB offers you the benefit of availing various concessions based on the Monthly Average Balance maintained by you in the account.
- Several services available at par or at concessional rates.
- MAB maintaining less than Rs. 3 Lakhs - Free Cash Remittance up to 15 times of MAB (both base and non-base branches put together).
- MAB maintaining Rs. 3 Lakhs & above - Free Cash remittance up to 18 times of MAB (both base and non-base branches put together). Charges Rs.2/- per Rs. 1,000/- at both base and non-base branch beyond 15/18 times. In case of bullion / jewelry customers Rs. 5/- per Rs. 1,000/-.
- No ceiling for cash withdrawal at the base branch.
- Rs. 500/- per month Charges for non-maintenance of MAB.
- Rs. 70/- per cheque stop payment charges (permitted only at the base branch)
- Payment between CBS branches for clearing debits at non-base branches is Free.