Flexi Cash
A new offering addressing the cash deposit needs of customers operating in cash intensive industry segments. Our offering would enable clients to avail of free cash deposit limits of 45 lakh per quarter going upto 200 lakh thus ensuring the effective cost of cash deposit to you is much lower.
Key features
- Flexible cash limits linked directly to the actual average quarterly balance (AQB)
- Quarterly free cash deposit limits to the extent of 7 times the actual AQB maintained for the quarter
- Higher the actual AQB maintained, higher the quarterly free cash deposit limits
- Maximum free limits would range from Rs. 45 lakh to Rs. 2 crore per quarter depending on the product variant
Proposed benefits
- Flexi cash limits linked to AQB will enable you to enjoy higher limits in periods of peak season when business picks up and lower limits in periods of lean season, so you get higher limits when you require it the most.