Current Account

Businessmen who frequently conduct transactions with our bank are likely to open a bank current account. The account can be used for deposits withdrawals, and counter transactions. This type of account is also known as demand deposit account. You can open a current account at our bank, Current accounts are ideal for making payments to creditors using cheques received from customers that can be deposited in this account for collection. An Indian current account can be opened by depositing a minimum of Rs 5,000 to a maximum of Rs 25,000. Customers can withdraw the amount using cheques and usually do not receive interest on their withdrawals. As a general rule, bank current account holders do not get any interest on their balances.

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