Escrow Bank Account
Enjoy the safety of your funds with hassle free solutions!
At Utkarsh Small Finance Bank , we understand the importance of your needs and our ESCROW offers just that.
Escrow Accounts can hold money, securities, funds, and other assets. It significantly safe guards your money against scams and frauds especially with high asset value and dispute-prone sectors such as Real Estate and Securities market, etc
Use ESCROW Accounts! Stay Secured!
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
Provides safe and secured mode of routing cash flows
Transactions can be customised to suit requirements of parties
Open and operate multiple accounts for deals with waterfall mechanism
Dedicated Escrow team to facilitate smooth operations
To know more on the Escrow Bank Account, kindly visit the nearest Utkarsh Small Finance Bank.
Apply to Escrow Bank Account
Loan calculator
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Interest Rate 8.00% |
Interest Earned 3,50,452 |
|
Maturity Value 13,50,452 |
Maturity Date 20 Apr 2023 |
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(Indicative interest rates for calculation only. click here for latest rates.) |
FAQs
Target segments
- Individuals
- Partnership Firms/ LLP's [Limited Liability Partnership]
- Private and Public Limited Companies
- Sole Proprietorships
- HUFs
- Societies, Trusts, Associates and Clubs
- Financial Institution Accounts
- Government Accounts, etc
- Lease Financing
- Home buying
- Monthly payments
- Renters and landlords
- Buying goods and services
- Special Purpose Vehicle [SPV] for lending or otherwise
Funds managed under Escrow services will only be released in accordance to the terms and conditions listed in the Escrow Agreement with the customer.
To open an Escrow Account with Utkarsh Small Finance Bank, you may visit the nearest Utkarsh Small Finance Bank branch.
Please visit your nearest Utkarsh Small Finance Bank branch or call 1800-123-9878, 24×7 [Except National Holidays]
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Location
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Contact
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