Deposit Products

Checking Account

Low-cost checking account best suited for corporates who want to conduct unlimited transactions. Gain more than just interest by combining your Checking account with Money Market account. Use our remittance service to make business payments to India. Use our ACH services and Wire transfer services for Business Payments and business receipts in your account.

  • $2,500 Minimum Balance for US Based Checking accounts
  • Rupee and Dollar remittance to India for Business payments
  • Free ACH transactions and Unlimited Check writing
  • Wire Transfer within USA for Business payments


Money Market Account

Manage your surplus funds with interest bearing Money Market deposit account. Business payments through Check writing and remittance to India for business payments gives flexibility to use your funds. Use our ACH services and Wire transfer services for Business Payments and business receipts in your account. 

  • Interest bearing with $5,000 minimum balance for US Based business accounts. Click for current rate information.
  • Rupee and Dollar remittance to India for Business payments
  • Free ACH transactions
  • Maximum of six free withdrawals or transfers during a calendar month or statement cycle of at least four weeks, such transfers or withdrawals include but are not limited to checks or ACH transactions. Transactions beyond this limit will attract service charge of $10 per statement cycle.


Certificates of Deposit

Earn competitive interest rates when you deposit funds for 30 days to 5 years with Certificates of Deposit (CDs). Attractive APYs for all terms. Minimum opening deposit is $2,500. Combine with your transaction accounts to earn a higher return on your surplus funds. A penalty may be charged for early withdrawal. Use your CDs as collateral security to obtain credit facilities both Fund based and Non-fund based for your business requirements. Click for current rate information.

New Business Account Application

For more information on service charges, fees and terms and conditions of Business accounts see our Account disclosure.

Important Information about new procedures for opening an account:

Mandated by the USA Patriot Act: 

What this means for other legal entities: When a corporation, partnership, or other legal entity opens an account or requests credit, we will ask for the entity’s name, physical address, tax identification number, and other information that will allow us to identify the entity. We may also ask to see other identifying documents, such as certified articles of incorporation, or partnership agreements.

 EACH time an account is opened for a covered Legal Entity, we are required to ask you for identifying information (name, address, date of birth, social security number as well as identification documents) for:

 Each individual that has beneficial ownership (25% or more); and,

One individual that has significant managerial control, of the Legal Entity

What this means for you:

When you open an account, we will ask for your name, address, date of birth and other information that will allow us to verify identifying documents. If you are opening an account on behalf of a business entity, documents relating to the business may also be requested.