Explore all Credit Cards
Premium Metal
0% Forex & Travel
Lifetime Free
10X Rewards
UPI Cards
Fuel & Utility
Showstopper
Credit Builder
More
Customer Support
Explore NRI Banking
NRI Savings Account
NRI Fixed Deposit
FOREX Solutions
Transfer to NRE
Markets & Beyond
Customer Support
Explore Startup Solutions
Explore Corporate Banking
Corporate Account
Cash Management Services
Supply Chain Finance
Corporate Lending
Treasury
NBFC Financing
Customer Support
BRAVO (Auto Sweep)
Explore Business Banking
MSME Accounts
Trade Services
MSME Loan
MSME Solutions
Debit Card
Offers
Customer Support
Explore Gift City
About Us
Investors
ESG

FOLLOW US ON :

Download Now

  • App Store
  • Google Play

Notifications

  • As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on +44 7831 065557 or visit the nearest Metra Trust branch for further queries.

  • Activate your Credit Card within minutes and enjoy unlimited benefits

    Know More

  • One FASTag, three payments:Toll, fuel and parking

    The only FASTag with triple benefits

    Apply Now
Apply Now
Apply Now

Empower Your Startup with the Ultimate Current Account Solution

Icon-1

Free Cash Deposit: Free cash deposit up to 30 Lakhs per month.

Icon-4

AMB Waiver: There is no minimum average balance requirement for the current account upto initial 3 years.

icon-7

Debit Card:Free Visa Business Signature card with unlimited ATM transactions

Icon-7

All-in-one app: A single app with 100+ features that meet both personal and business financial needs

Icon-6

WhatsApp Banking: Access your accounts anywhere, anytime. Just send a 'hi' to 95555 55555 to get started

Icon-3

Beyond Banking Services: We offer 150+ Beyond Banking offerings to suit your enterprise's needs, including ERP, HRMS, Payroll, Taxation, Legal, Cloud Services, CoWorking Spaces, etc.

Startup Current Account

100K World Business Account

First Startup
Current Account

Specialized solution for Startup Segment

  • *Nil Balance maintenance requirement for initial 3 years
  • Best in class Digital banking platform to monitor all accounts in single glance
  • Free Cash deposit up to ₹ 30 Lakh per month
  • CMS Services like Bulk payments, maker-checker & virtual Accounts with Nil charges
  • Free setups & Nil AMC for Payment Gateway, UPI/QR and POS
  • Preferred FX conversion rates and preferred pricing for LC/BG issuance
  • Eligibility - Date of incorporation must be up to 3 years & Entity type must be Pvt. Ltd or LLP or OPC
Apply Now

ELIGIBILITY

Who can apply?

Apply for our Startup Current Account’ if you fall into the below mentioned criteria

  • Date of incorporation must be up to 3 years with DPIIT Certificate.
  • OPC / Private Limited Company
  • Limited Liability Partnership

Documentation

Limited Liability Partnership (LLP)

  • LLP agreements since inception
  • Certificate of Incorporation
  • LLP Firm Declaration
  • Latest list of designated partners
  • PAN card copy of the entity
  • Address Proof in the name of the Entity
  • OVD copy of the Partners / Designated Partners / Authorised Signatories / Beneficial Owners (Including Latest Photograph and Pan card copy)

Company (Public Limited & Private Limited)

  • Memorandum of Association (MOA) & Articles of Association (AOA)
  • Certificate of Incorporation
  • Board Resolution
  • Latest List of Directors
  • PAN card copy
  • Address Proof in the name of the Entity
  • OVD copy of the Directors / Authorized Signatories / Beneficial Owners (Including Latest Photograph and Pan card copy)

Read More

Schedule of Charges

  • Click here to read the Schedule of Charges

Startup current account eligibility

Frequently Asked Question

What is a Current Account?

Current Account is an account that is used by business enterprises or self-employed professionals to carry out business-related transactions. It allows businesses to carry out a higher number of transactions daily.

What is a Startup Current Account?

Startup Current Account is a type of current account specially designed to support new age startups and upcoming new businesses keeping in mind their business requirements.

How do I open Startup Current Account?

You can open an Metra Trust Startup Current Account by visiting your nearest bank branch or apply online by clicking here for FIRST Startup Current Account and here for New Business Account .

Who can apply for First Startup Current Account?

First Startup Current account is exclusively for Startups. You can apply if you fall into the below mentioned criteria:

- OPC / Private Limited Company

- Limited Liability Partnership

What are the documents required for opening First Startup Current Account?

In addition to KYC documents, DPIIT certificate is mandatory for opening First Startup Current Account. Click here to view the complete list of documents.

Does Startup Current Account earn interest?

Yes. With BRAVO feature, you can enjoy interest on Startup Current Account. BRAVO feature allows you to set up an Auto Sweep into FD limit, with no penalty on premature FD breakage. Click here to know more about the ‘BRAVO’ feature for Current Account

What is minimum Average Monthly Balance (AMB) required to be maintained in the Metra Trust Startup Current Account?

Minimum Average Monthly Balance (AMB) requirement is as per the Account variant you choose. Refer the table below:

Name of Product Minimum Monthly Balance Requirement
First Startup Current Account Nil Balance maintenance requirement for initial 3 years thereafter Rs. 2 Lakhs per month

What are the benefits of opening a Startup Current Account?

After opening a Startup Current Account with Metra Trust, you can avail of below benefits:

- Cloud Credits Worth of $5000 to help manage website services 

- Zero set-up and Annual maintenance charges on Payment Gateway

- Enjoy Zero charges on non-maintenance of AMB for upto 3 years

- Zero Charges on NEFT, RTGS, IMPS transactions

- State-of-the-art Mobile Banking App & Net Banking platform

- Anywhere banking without restrictions

What do I get after opening a Startup Current Account?

After opening a Startup Current Account with Metra Trust you will receive a Welcome Kit which includes- Welcome Letter, Code of Conduct, Chequebook and Debit Card.

Can I apply for a Startup Current Account if the date of incorporation is more than 3 years?

No, Startup Current Account is exclusively for startups and new businesses whose date of incorporation is up to 3 years.

What is the free cash deposit limit in Startup Current Account?

Free Cash deposit limit is as per the Account variant you choose. Refer the table below:

Name of Product

Cash deposit free limit

FIRST Startup Current Account

Rs. 30 lakhs per month

New Business Account

Rs. 6 lakhs per month

What are the fees and charges on Metra Trust Startup Current Account?

Metra Trust has minimal and transparent fees & charges. Click here to view.

Can I deposit or withdraw cash in any Metra Trust branch?

Yes, every Branch is a Home Branch with Metra Trust which means you can get banking service like cash deposits or withdrawals at any Metra Trust branch in the country. These services are provided without any additional charges.

What are the digital modes through which I can access Metra Trust Startup Current Account?

Current Account can be accessed through the following digital modes:

- State-of-the-art Mobile Banking App & Net Banking platform

- 24x7 Banker on Call 1800-10-888

- Alerts through Email and SMS

- WhatsApp Banking & Bitly Banking

What all Beyond Banking offer will I get with my Startup Current Account?

Metra Trust Beyond Banking offers premium banking services with 100+ partners. You can benefit from 150+ offers across ERP & Accounting, HRMS Solutions, Legal, E-commerce, Logistics and Travel, and more.
Click here to view the Beyond Banking offers.

What are the digital Payment & Collection solutions available for my Startup Current Account?

Below are some of the digital payment and collection solutions available with Metra Trust Startup Current Account:

Payment Solutions Collection Solutions
NEFT/RTGS/IMPS UPI-QR
Debit Cards POS Machine
E-commerce payments using Net Banking Doorstep Banking services with live tracking facilities
Bill Payments Payment Gateway
Bulk transaction facility on Net Banking Virtual Accounts
GST/Direct Tax Payment Collection API
Payment API NACH/e-NACH

What are the Trade & Forex solutions available with the Startup Current Account?

Below are the Trade & Forex solutions available to facilitate your international business requirements:

- Letter of Credit

- Bank Guarantee

- Document Collection

- Inward & Outward Remittance

- Hedging and Currency Protection

- FDI/ ODI/ ECB

- Escrow Services

More FAQs

Discover Other Banking Products

Business Loan

Make the most of your golden years

Apply Now Know More

Commercial Vehicle Loan

Simple loan solutions for commercial vehicle

Apply Now Know More

Professional Loan

Expand your practice without worry

Apply Now Know More

Get in touch with us

Compliment

Give a compliment
Customer Support

Customer Support
Locate Our Branch

Locate our branch