jiffy current account

A pause in business is never an option when you can easily manage all your banking in a Jiffy. NSDL Payments Bank offers Jiffy Current Account that serves as a solution for all your businesses banking needs. This account comes with free corporate internet banking portal which allows you to manage your funds, make online payments, money transfers and much more 24*7.

Key Features

Average Monthly Balance

Enjoy the convenience of digital banking with average monthly balance of Rs.50,000/-.

Fund Transfers

Free NEFT Fund Transfers

Enjoy 50 free NEFT fund transfers every month.

Corporate Internet Banking

Access corporate internet banking portal anytime, anywhere without any charges. It allows you to manage your funds, make online payments, money transfers and much more 24*7.

rate & charges

  • Minimum Average Monthly Balance (AMB)

    Rs. 50,000

  • Maximum Balance

    Rs. 2,00,000

  • Fund Transfer to Partner Bank Linked Account through Sweep facility#

    No

  • Balance Non- Maintenance charges per month

    Rs. 1000 + GST

  • Initial Deposit

    Rs. 50,000

#Customers will be given a choice for opting a partner bank which will be considered for moving out excess funds. As of now sweep facility is not available on any Current Account

^No Upper Limit applies for these accounts as the threshold of 1 lakh is not applicable.

*No Upper Limit for daily balance as day end excess funds will be moved to broker account basis e-mandate signed.

Inward - (Internet Banking)

IMPS/NEFT/RTGS

Free

Outward -

  • Intra Bank (Within NSDL Payments Bank Accounts)

    Free

  • IMPS

    Free upto 25 transactions per month

    Beyond free limit same as standard IMPS slab

    Up to Rs. 1,00,000 - Rs. 5 + GST

    Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15.00 + GST

    Rs. 2,00,001 to Rs. 5,00,000 – Rs. 25 + GST

  • NEFT

    Free upto 50 transactions per month

    Beyond free limit same as standard NEFT slab

    Up to Rs. 10,000 - Rs. 2.50 + GST

    Rs. 10,001 to Rs. 1,00,000 - Rs. 5.00 + GST

    Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15.00 + GST

    >Rs. 2,00,000 - Rs. 25.00 + GST

  • RTGS

    Rs. 2,00,000 to Rs. 5,00,000 - Rs. 30.00 + GST

    >Rs. 5,00,000 - Rs. 55.00 + GST

NEFT - National Electronic Funds Transfer, IMPS - Immediate Payment Services, RTGS - Real Time Gross Settlement

  • Cash Deposit

    Free up to - 5 transactions per month or 2.5 Lakhs per month whichever is earlier

    Charges beyond Free limit - Rs 3 per Rs 1,000 + GST

  • Fund Transfer (NEFT/RTGS/IMPS)

    NEFT through Branch

    Up to Rs. 10,000 - Rs. 2.50 + GST

    Rs. 10,001 to Rs. 1,00,000 - Rs. 5.00 + GST

    Rs. 1,00,001 to Rs. 2,00,000 - Rs. 15.00 + GST

    >Rs. 2,00,000 - Rs. 25.00 + GST

    RTGS through Branch

    Rs. 2,00,000 to Rs. 5,00,000 - Rs. 30.00 + GST

    >Rs. 5,00,000 - Rs. 55.00 + GST

Cash Withdrawal from branch is not allowed and can be done from ATM's only using Debit Card

Account Statements -

  • Email Statement (Monthly)

    Free

  • Physical Statement (Adhoc)

    Rs. 200 + GST per request

Standing Instructions / ECS -

  • Setting up of Standing Instructions (Digitally)

    Free

  • Setting up of Standing Instructions (Branch)

    Rs. 100 + GST per request

  • SI Rejects

    Free

  • Setting up of ECS

    Free

  • ECS Return/Rejects

    Rs. 500 + GST per instance

Miscellaneous

  • Balance Confirmation Certificate

    Rs. 100 + GST

  • Monthly Account Maintenance Charge
    (Covers SMS Alerts, Free NEFT transactions, Setting up of SI/ECS, etc.)

    Rs. 50 + GST

  • Account Closure Charges*

    Rs. 750 + GST

  • Signature Verification Certificate / Photo Attestation

    Rs. 100 + GST per request

*Applicable only if the account is closed > 14 days or < 12 months of account opening.

Virtual Debit Card -

  • Type~

    RuPay Platinum / Visa Classic

  • Issuance Fee

    Free

  • Annual Fee

    Free

  • Daily Ecom Limit (RuPay / Visa)

    Rs. 25,000

Physical Debit Card -

  • Type

    RuPay Platinum / Visa Classic

  • Issuance Fee

    Rs. 300 + GST

  • Annual Fee (2nd Year onwards)

    Rs. 300 + GST

  • Replacement Fee

    Rs. 300 + GST

  • Daily Withdrawal Limit

    Rs. 20,000

  • Daily POS Limit

    Rs. 50,000

  • ATM Transaction (Per Month)

    Metro - up to 3 transactions

    Non-Metro - up to 5 transactions

  • ATM Charges beyond free limit

    Financial= Rs 21 + GST

    Non-financial = Rs 8 + GST

~Choice of Debit Card to be made by the customer. However Physical Debit Card, if opted, will be same as the virtual card.

Offer for Debit cards

Take the first step to

new way of digital banking

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