HELP - POS machine

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It depends on your daily/monthly business turnover. Depending on your trade and requirement, some private banks will be able to provide you some concession. Have you already opened a current account?

@gambitrite wrote:

It depends on your daily/monthly business turnover. Depending on your trade and requirement, some private banks will be able to provide you some concession. Have you already opened a current account?

Thanks..Might not be huge but expecting to be around 1k to 2k ..Don’t have current account as of now.. please suggest

@ENGINEER wrote:

@gambitrite wrote:

It depends on your daily/monthly business turnover. Depending on your trade and requirement, some private banks will be able to provide you some concession. Have you already opened a current account?

Thanks..Might not be huge but expecting to be around 1k to 2k ..Don’t have current account as of now.. please suggest

@gambitrite wrote:

@ENGINEER wrote:

@gambitrite wrote:

It depends on your daily/monthly business turnover. Depending on your trade and requirement, some private banks will be able to provide you some concession. Have you already opened a current account?

Thanks..Might not be huge but expecting to be around 1k to 2k ..Don’t have current account as of now.. please suggest

SBI Pos current account is available for as low as 1000rs quarterly average balance. I am not aware of the charges. Just visit the SBI site or check online or visit a nearby branch. Private banks provide less charges only if you are having high amount of transactions. Otherwise approach any public sector banks near your house.

Any other help please

Hi bro my personal suggestion would be go for SBI POS as the rent is 600/3 months or 2400 per year and can be negotiated if ur business is good enough for them to earn more than that amount.
also charges for usage on card varies from 0.5%-2% depending on whether its a debit or credit card and what the amount is.

rest
private banks are private.:-P

@laser wrote:

Hi bro my personal suggestion would be go for SBI POS as the rent is 600/3 months or 2400 per year and can be negotiated if ur business is good enough for them to earn more than that amount.
also charges for usage on card varies from 0.5%-2% depending on whether its a debit or credit card and what the amount is.


rest
private banks are private.:-P

Thanks for your suggestion