Presented By :Shubham Maheshwari Sudheer Yadav

The current account product provides a host of services like anywhere banking in India also anywhere in the world, which enables the customer to operate from any branch, provides for faster collection of upcountry cheques, Doorstep banking which provides for delivery and pick-up of cash and documents, Internet banking which enables online tracking of the account, execution of transactions and so on. Multiple variants of current accounts are offered by banks to suit your specific requirements.

Multi-location Funds transfer Anywhere deposit and withdrawal Mobile banking Electronic Funds Transfer Corporate Internet Banking Customer Care Periodical e-mail statements in multiple formats, including MT940, Multicash, Excel, text, pdf, etc

Eligibility:

Existing/new customers who maintain the monthly average balance of Rs 2 lac & minimum balance of Rs. 5000/- for one full calendar month.

Maximum period of deposit: 90 days

Monthly Average Balance : Rs. 2 Lac. Minimum Balance: Rs 5000/-

Facilities Offered:

Free Demand Drafts/ Pay Orders up to an aggregate amount of Rs. 2 lac per month Free Debit card Free Bill Pay services available (at selected branches) If the Minimum balance / Monthly average balance is not maintained penalty will be charged.

Eligibility:-

1. Metro and Urban Branches - Rs 5 Lac and above is maintained in the account No Service Charges
2. Semi Urban and Rural Branches - Rs 2 Lac and above is maintained in the account No Service Charges 3. Metro and Urban Branches - More than Rs 2.5 Lac but less than Rs. 5 Lac is maintained in the account 50% concession on all Service Charges. 4. Semi Urban and Rural Branches - More than Rs 1 Lac but less than Rs. 2 Lac is maintained in the account 50% concession on all Service Charges.

ICICI Bank's Gold Current account gives a wide range of facilities with an MAB of Rs.1,00,000/-. The following benefits comes with Gold Current Account: Free Collections & Payments through NEFT and RTGS Free Local Cheque Collection at base location (Intra-city) Free Non-Cash services Free Cash withdrawal at non base branch through Self cheques up to Rs. 50,000/- per day Free Cash deposits at base branch location up to Rs. 10 lacs per month Free Internet Banking and Phone Banking Free Cash deposits at non base branch location up to Rs. 1 lac per month

ICICI Bank's Gold Plus Current account gives a wide range of facilities with an MAB (Monthly Average Balance) of Rs. 3,00,000/-. The following benefits comes with Gold Plus Current Account: Free Collections & Payments through NEFT and RTGS Free Local Cheque Collection at base location (Intra-city) Free Non-Cash services* Free Cash withdrawal at non base branch through Self cheques up to Rs. 50,000/- per day Free Cash deposits at base branch location up to Rs. 30 lacs per month Free Internet Banking and Phone Banking Free Cash deposits at non base branch location up to Rs. 3 lacs per month

ICICI Bank's Elite Current account gives you a wide range of facilities with an MAB of Rs. 10,00,000/-. The following benefits comes with Elite Current Account :Free Non-Cash services* Free Cash withdrawal at non base branch through Self cheques up to Rs. 50,000/- per day Free Cash deposit at base branch location up to Rs. 1 crore per month Free physical Billing statement Zero Annual fees for the Debit card Free mobile alerts, phone banking, corporate internet banking.

DENA BANK

ICICI BANK

Free Demand Drafts/ Pay Orders up to Rs. 2 lac per month. Free Bill Pay services available at selected branches. Free Local Cheque Collection up to 10 cheques in a month. Free Cash withdrawal at non base branch through Self cheques up to Rs. 20,000/- per day.

Free Demand Drafts/ Pay Orders up to Rs. 3 lac per month. Free Bill Pay services available at all branches.

Free Local Cheque Collection at base location.

Free Cash withdrawal at non base branch through Self cheques up to Rs. 50,000/- per day.

Thus Current Account of DENA Bank and ICICI Bank is mainly for business persons although facilities offered and charges imposed may vary from bank to bank. While concluding we can say that ICICI bank provide more services and flexible facilities irrespective of charges than DENA Bank which provide limited facilities to the customers with less charges. Thus customers unmindful regarding charges and penalty opt for private banks and vice versa.

That was all from our side, hope you all must have got what we try to make you understand. But still if you have any problem regarding current account please share with us and have their answers