This Account is made for fulfilling the day to day banking needs of the customers, engaged in business activities and are in frequent need of monetary transactions. Current Account is a running account which may be operated upon any number of times during a working day. There are no restrictions imposed on the amounts of withdrawals from a Current Account. Withdrawals allowed only on cheque.
A Current Account can be opened by individuals, sole proprietorship concerns, partnership firms, private / public limited companies, associations, clubs, societies, trusts, Joint Hindu Families or other institutions.