Cash Management Solutions Offered by City Union Bank for MSMEs

📄 1. Comprehensive Cash Management & Digital Tools

a) MSME Current Accounts

• Current Account General and Classic Plus designed for MSMEs, HUFs, firms, and institutions.
  
  
• Perks include:

• Unlimited transactions (withdrawals, deposits)
  
  
• Free inward/outward NEFT/RTGS, IMPS, and SMS alerts
  
  
• Electronic bill payments and passbook/e-statements
  
  
• Multi-city cheque facility (Classic Plus allows AT DDs up to ₹2 lakhs)
  
  

• Minimal Charges: ₹45 per month for QAB up to ₹1,000; higher balances subject to lower or no charges.

b) Digital Banking Platforms

• CUB Net and CUB Mobile All‑in‑One App provide:

• Real-time transaction tracking
  
  
• NEFT/RTGS/IMPS fund transfers
  
  
• Utility, tax, and loan payments
  
  
• Cardless ATM withdrawals, ATM PIN changes, e-sign services
  
  
• Direct tax filings, deposit management, and digital statements
  
  

• CUB Wallet lets users transact seamlessly—even non-CUB customers—up to ₹10 k/month load limit.

🔄 2. MSME-Focused Payment & Collection Services

At the Global FinTech Fest 2024, CUB unveiled a suite of MSME solutions tailored for digital collections, payments, and business operations:

• Delegate Payments: Simplifies authorizing and executing payments by designated team members.
  
  
• UPI Lite Auto Top‑Up: Seamless loading of small-ticket UPI wallets for retail/merchant use.
  
  
• Credit Line on UPI: Allows MSMEs to access short-term credit from their UPI-enabled accounts.
  
  
• RuPay Credit Card on UPI: Carryless digital payments with linked credit card lines.
  
  
• Loan Against Securities (e.g. Mutual Funds): Enables collateralized micro-loans using MF holdings.
  
  
• National Common Mobility Card support and integration for merchant payments.
  
  
• ONDC for MSMEs: Enables:

• Digital store setup, inventory tracking, e-invoicing
  
  
• Expense and collection tracking
  
  
• GST/IT return integration
  
  
• Access to collateral-free business loans

These solutions help MSMEs digitize operations, improve cash collections, and streamline expense management under one integrated platform.

⏱ 3. Fast Digital Sanction & Disbursement

CUB utilizes AI, ML, and RPA to accelerate MSME loan and payment processing:

• Documents auto‑fetched (e.g. GST, income, demographic) to generate digital credit scores
  
  
• Streamlined workflows reduce turnaround times for MSME credit lines and cash management services to 24–48 hours for approved customers

✅ 4. Key Benefits for MSME Businesses

• Customized current account plans that fit MSME transaction volumes and cash flow cycles
  
  
• Integrated digital payment ecosystem—UPI, delegated payments, auto top-ups, credit on UPI, wallet support
  
  
• ONDC linkage enabling digital commerce, accounting, compliance, loan access, and expense tracking
  
  
• Fast onboarding and digital credit sanctioning using AI/RPA-driven MSME workflows

📄 Cash Management Offerings Summary

For updated and personalized offerings, visit https://www.cityunionbank.com or contact your nearest branch.