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In a Current Account, a customer can deposit any amount of money any number of times. He can also withdraw any amount as many times as he wants, as long as he has funds to his credit.
Current Account can be opened by:
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Current AccountCurrent Account is primarily meant for businessmen,
firms, companies, public enterprises etc. that have numerous daily
banking transactions. Current Accounts are meant neither for the purpose
of earning interest nor for the purpose of savings but only for
convenience of the business, hence they are non-interest bearing
accounts.
In a Current Account, a customer can deposit any amount of money any number of times. He can also withdraw any amount as many times as he wants, as long as he has funds to his credit. Current Account can be opened by:
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