Overview
CASA will allow customers to be able to transfer up to Rs 3 Lakh per month with Max Rs 49,000 Per transaction limit. Please note that the Account Opening screens will be built by partners strictly as per the shared guidelines.
Note:- For accounts opened without PAN Card, the Transfer Limit will be set at 2.25L annually & customers have to provide a new Form 60 for each financial year as per Income Tax Dept rules.
To get started, first, complete the merchant onboarding process using the Onboarding Web API(https://pay-sprint.readme.io/reference/onboarding) followed by the Merchant Activation API (https://pay-sprint.readme.io/reference/merchant-activation-api-copy) to initiate the process for merchant activation for CASA account opening.
For account opening, develop the UI(Refer link) by referring to the guidelines provided by the bank, ensuring a seamless and compliant user experience.
Note: Term and condition should be a hyperlink(Clicking on the hyperlink should open the linked PDF directly{Refer T&C})