21 Best Banks for Current Account in India 2025

A current account helps you conduct instant business transactions by handling large volumes of receipts and payments.

In the first section, I have shared a list of the best bank for opening a current account in India.

In the second section, you will find the best current accounts in India that offer special services to startups and small businesses.

The parameters on which the banks have been picked are –

• Minimum Balance Requirements
• Operational Charges
• Ease of Internet Banking
• Ease of Account Opening
• Additional Product Benefits like Loan Approval
• Service & Support

Best Bank for Current Account in India 2025

#1. ICICI Bank Current Account (For Best Technology)

Technologically superior banking platforms are the USP of ICICI Bank.

ICICI has easy-to-operate user-friendly tech features whether you need an Internet banking platform, online account opening, or mobile banking.

For businesses, ICICI Bank has an “InstaBIZ” mobile application for a banking facility, CMS payments and trade online approvals for LC, BG, remittances and bill payments.

ICICI Bank also allows cardless cash withdrawal at ATMs which is helpful in payment to the beneficiary who does not have a bank account.

There are four variants of current accounts at ICICI –

• Premium Banking current accounts for domestic businesses with special privileges like an integrated investment platform and no requirement of maintaining MAB.
• Everyday Banking current accounts for small businesses, vendors, startups, entrepreneurs and government suppliers.
• Special Banking current accounts for import and export businesses, EEFC, RERA and Escrow current accounts.
• One Globe Trade Current account for import-export businesses.

ICICI Bank Current Account Minimum Average Balance

• Premium Banking current accounts – Monthly Avg. Balance of Rs. 0
• Everyday Banking current accounts – MAB of Rs. 0 to Rs. 10,000 and Dynamic limits
• Special Banking current accounts – MAB of Rs. 0 or as per the terms
• One Globe Trade Current account – $5000 to $80,000 monthly throughput Or Rs. 50,000 to Rs. 5 lacs

ICICI Bank Current Account Charges

• Premium Banking Current Accounts – Rs. 0
• Everyday Banking Current Accounts – Starting from Rs. 0 (for NIL QAB accounts) to Rs. 6,000
• Special Banking Current Accounts – Rs. 0
• One Globe Trade Current account – Rs. 1500 to Rs. 5,000 pm

ICICI Bank Current Account Options

1. Business 360 Banking Account
2. Wealth Management Current Account
3. Private Banking Current Account
4. Smart Business Current Account
5. Roaming Current Account Standard
6. GEM Current Account
7. Escrow Current Account
8. RERA Current Account
9. EEFC Current Account
10. One Globe Trade Account

What We Like

• Best technology banking products
• Online banking and apps are smooth and flawless
• MAB of Rs. 0 for a few accounts

What We Didn’t Like

• No major benefit for staying a loyal customer
• Additional banking products are average (like no major benefit on business credit cards)

#2. HDFC Bank Current Account (For Best Products)

HDFC Bank has one of the best products like the premium Dinners Black & Infinia Credit Card, Loans through ATMs, HDFC on Chat and HDFC Smart Buy.

HDFC has 16 types of current accounts tailor-made for all types of businesses ranging from large corporates to traders, professionals and farmers. Even for startups and e-commerce companies.

The bank has provided a “CA Variant” calculator tool for choosing the right current account based on turnover and your business requirements.

HDFC Bank Current Account Average Quarterly Balance

• Ranging from Rs. 10,000 to Rs. 5 Lacs for different accounts
• NIL in case of Institutional Current Account

HDFC Bank Current Account Charges

• From Rs. 1500 to Rs. 8,000 depending on the account

HDFC Bank Current Account Options

1. Max Advantage Current Account
2. Ascent Current Account
3. Activ Current Account
4. Plus Current Account
5. Premium Current Account
6. Regular Current Account
7. Vyapar Current Account
8. Startup Current Account
9. Saksham Current Account
10. E-commerce Current Account
11. Escrow Accounts
12. Current Account for Professionals
13. Agri Current Account
14. Institutional Current Account
15. RFC Domestic Current Account
16. EEFC Current Account

What We Like

• Wide range of current accounts
• Best products for valuable and loyal customers
• CA Variant calculator tool

What We Didn’t Like

• Average technology
• Employees with lesser product knowledge

#3. IndusInd Bank Current Account (Lower AMB yet Great Features)

Most of the current accounts at IndusInd Bank have a lower minimum balance requirement, except the Pioneer current account whose AQB requirement is Rs. 10 Lacs.

IndusInd allows you to choose account numbers, group your business accounts, and avail of doorstep banking & smart cash management services.

IndusInd Bank has 17 different current account variants for regular businesses, large corporates, importers and exporters. They also offer current accounts to specific industries like IT, textile, hotels, SMEs, travel agencies and logistic firms.

Further, the bank offers flexibility to customize the current account and set transaction limits as per business needs.

IndusInd Bank Current Account Average Monthly/ Quarterly Balance

• Range from NIL to Rs. 10 Lacs based on the account

IndusInd Bank Current Account Charges

• From Rs. 0 to Rs. 4,000 depending on the account

IndusInd Bank Current Account Options

1. Indus One Business Account
2. Indus Max Current Account
3. Indus Premier Current Account
4. Indus Select Current Account
5. Indus Select Plus Current Account
6. Indus Exclusive Current Account
7. Indus Grande Current Account
8. Indus Pioneer Current Account
9. Indus Exim Trade Current Account
10. Indus Green Current Account
11. Indus Tarakki Current Account
12. Indus Freedom Current Account
13. Indus Aspire Current Account
14. Indus EEFC Current Account
15. Indus Escrow Current Account
16. Indus Tarakki Current Account
17. Indus Dollar One Trade Current Account

Niche Current Accounts

1. Indus Grain Merchant Flexi Current Account
2. Indus Textile Current Account
3. Indus Infotech Current Account
4. Indus Merchant Plus Current Account

What We Like

• Lower minimum monthly average balance
• Grouping of multiple current accounts
• 365 days of banking
• Flexibility to design an account and choose a number

What We Didn’t Like

• Average technology
• Nil premium products

#4. Axis Bank Current Account

Axis Bank has recently launched a digital current account that can be opened instantly online in 4 simple steps through video KYC without any document upload.

The account needs initial funding of Rs. 15,000 and gives businesses access to 250+ banking services.

Axis Bank Current Account Minimum Monthly Average Balance

• Standard current accounts – Rs. 0 to Rs. 10 Lacs
• Value-based Club 50 current account requires AQB of Rs. 50 Lacs
• Digital Current Account – Rs. 15,000

Axis Bank Current Account Charges

• Starting from Rs. 750 to a maximum of Rs. 25,000.
• Few current accounts carry a Rs. 100 monthly service charge

Axis Bank Current Account Options

Digital Current Account

1. Digi Current Account
2. Liberty Digital Current Account for Sole Proprietorship

Value-Based Current Account

1. Axis Classic Current Account
2. Axis Normal Current Account
3. Axis Advantage Current Account
4. Axis Select Current Account
5. Axis Privilege Current Account
6. Priority Channel OneCurrent Account
7. Club 50 Current Account
8. Current Account Delite
9. Current Account Corporates

Segment-Based Current Account

1. Current Account Global Economy Business
2. Current Account EEFC
3. Current Account Arthiyas
4. Current Account Trust
5. Current Account Jewellers
6. Current Account New Economy Group
7. Current Account Govt Organisation
8. Current Account Gem Pool

What We Like

• Dedicated digital current account for Sole Proprietorship
• 1% cashback on E-debit card, discounts & offers

What We Didn’t Like

• Average technology
• No additional services

#5. Deutsche Bank Current Account Trade (For Global Business)

Deutsche Bank’s current account is for companies doing global business. The current account helps you leverage Deutsche’s global network spread in 74 countries and deal in all major currencies.

The major benefit is – NO minimum balance maintenance requirements.

Additionally, you have access to products for hedging forex transactions, a dedicated relationship manager assisting in Foreign Exchange, SWIFT documentation, Trade Finance and doorstep services.

Best Deutsche Bank Current Account

1. Deutsche Current Account Trade Gold -QTP Rs. 75 Lacs
2. Deutsche Current Account Trade Silver – QTP Rs. 25 Lacs

Deutsche Bank Current Account Charges

• Deutsche penalizes only less than the minimum quarterly throughput (QTP) values. The charges are Rs. 3000 to Rs. 5,000 per quarter.

What We Like

• Global Offices in 74 countries
• Personalized assistance in forex, trade finance transactions
• Instant inward & outward remittances
• Zero balance current account

What We Didn’t Like

• Few physical branches (mostly in metros)
• Ease of operations is average

#6. State Bank of India Current Account (Widespread Reach)

The major benefit of having a current account with SBI is the widespread reach and access to the pan-India network of 22,400+ branches for a host of services.

Most of the SBI branches and ATMs have a Cash Deposit Machine/ Recycler facility which lets you deposit, transfer and withdraw money instantly.

State Bank of India Current Account Monthly Average Balance

• Vary from Rs. 5,000 to Rs. 50 Lacs depending on the account variant

State Bank of India Current Account Charges

• From 500 to Rs. 25,000 for different accounts.

State Bank of India Bank Current Account Options

1. SBI Startup Current Account – Shubharambh
2. SBI Regular Current Account
3. SBI Silver Current Account
4. SBI Gold Current Account
5. SBI Diamond Current Account
6. SBI Platinum Current Account
7. SBI Rhodium Current Account
8. SBI Surbhi Current Account
9. SBI Smart Current Account
10. SBI Power Jyoti PUL Current Account
11. RERA Current Account
12. Escrow Current Account
13. Special Collection Current Account

What We Like

• Widespread reach
• Best for fund collection and cash management

What We Didn’t Like

• Average services
• Not many premium benefits

#7. Bank of Baroda Current Account (Best PSU Bank)

Bank of Baroda offers quality customer support and service. The bank has one of the lowest current account charges of Rs. 250 for the premium current account.

The other unique services include an auto & reverse sweep facility in current accounts which helps account holders earn interest.

Bank of Baroda offers rebates and discounts on locker rents, demat services and on loan processing charges when you open a current account with them.

Bank of Baroda Current Account Monthly Average Balance

• Vary from Rs. 0 to Rs. 25 Lacs depending on the account

Bank of Baroda Current Account Charges

• From 250 to Rs. 5,000 for different accounts

Bank of Baroda Current Account Options

1. BOB Gold Current Account
2. BOB Diamond Current Account
3. BOB Platinum Current Account
4. BOB Rhodium Current Account
5. BOB Lite Current Account
6. BOB Smart Current Account
7. BOB Women Power Current Account
8. BOB Advantage Current Account
9. BOB Premium Current Account
10. BOB Supreme Current Account
11. BOB RERA Current Account
12. BOB Govt Bodies/ LIC Current Account
13. BOB Current account for other banks
14. BOB Startup Current Account
15. BOB Scale Up Current Account

What We Like

• RS. 250 minimum current account charges
• Best customer support
• Sweep facility with current account

What We Didn’t Like

• Average technology
• Current accounts like SBI

#8. Yes Bank Current Account

Yes Bank has a variety of current accounts for various business requirements.

Yes Bank offers 4 categories ( Freedom Flexi, Trade Accounts, Special Account & Premium) of business current accounts. The businesses have the flexibility to move between tiers depending on the usage.

Apart from that Yes Bank gives an option to choose a value-added service package.

The service package has benefits like

• Trade on Net for – Global trade finance
• Merchant services
• Doorstep banking
• Smart Tally for automated payments
• E-collect for online cash inflows
• Payment gateway facility and
• Cash management services

Yes Bank Current Account Monthly Average Balance

• Yes Freedom Flexi Current Account – Rs. 25,000 to Rs. 5 Lacs
• Yes Trade Current Accounts – Rs. 0 to Rs. 5 Lacs
• Yes Special Current Account – Rs. 0 to Rs. 25,000
• Yes Premium Current Account – Rs. 5 Lacs to Rs. 25 Lacs or minimum net relationship value of Rs. 30 Lacs

Yes Bank Current Account Charges

• Rs. 500 to Rs. 15,000
• For Yes Premia’s Current account there are no finance charges.  Non-maintenance of balance results in the withdrawal of the benefits.

Yes Bank Current Account Options

1. Yes Freedom Flexi (25, 40, 100, 300 & 500) Business Current Account
2. Yes TradeBiz Rewardz Plus Account
3. EEFC Current Account
4. Yes Head Startup Current Account
5. Yes Xtra Gain (Edge/ Prime) Current Account
6. Yes Current Account for Emerging Markets
7. Yes Merchant Current Account
8. Yes Premia Business Current Account
9. Yes First Business
10. Yes Club 25 Current Account
11. Yes Pragati Current Account
12. Yes Collection Current Account
13. Yes Prosperity Current Account Family
14. Yes Blitz – Digital Current Account

What We Like

• 4-tier structure with the freedom to upgrade or downgrade
• Option to choose value-added business services

What We Didn’t Like

• Best services only for the premium account
• Average to poor technology
• The account opening requires a minimum QAB payment

#9. Kotak Mahindra Bank Current Account

Kotak Bank has current accounts for all business needs – from startups, and growing businesses to large corporations.

All the current account variants have Kotak ActivMoney – an auto sweep and reverse facility that helps you earn interest on the account.

Your current account also offers access to an overdraft facility, business loans, PoS machines, cash management and trade forex solutions.

Kotak allows businesses to club multiple current and savings accounts using “Kotak Circle” which helps in better fund utilization and account balance maintenance.

Kotak Mahindra Bank Current Account Average Quarterly Balance

• Vary from Rs. 10,000 to Rs. 15 Lacs depending on the account
• Kotak Global Trade & Global Service Current Account – Qtr trade throughput from USD 50K to USD 250K

Kotak Mahindra Bank Current Account Charges

• Starting from Rs. 750 to Rs. 8,000 for various accounts

Kotak Mahindra Bank Current Account Options

1. Kotak Neo Current Account
2. Kotak ActivMoney Current Account
3. Kotak Startup Premium Current Account
4. Kotak Pro Current Account
5. Kotak Startup Regular Current Account
6. Kotak Astra 15 Current Account
7. Kotak Merchant One Current Account
8. Kotak Edge Current Account
9. Kotak Ace Current Account
10. Kotak Elite Current Account
11. Kotak Global Trade Current Account
12. Kotak Global Service Current Account
13. Kotak Astra 05 Current Account
14. Merchant One Premium Current Account

What We Like

• Kotak ActivMoney for earning interest
• Kotak Circle for better funds management

What We Didn’t Like

• No premium benefits
• Average Internet banking and technology

#10. RBL Bank Current Account

RBL Bank offers short-term finance and business loans like – loan against property and overdraft facilities when you open a current account with them.

The drawback is that – the bank has fewer branches pan India. Hence, RBL Bank provides doorstep banking at a cost in a few cities.

RBL Bank Current Account Average Quarterly Balance

• Vary from Rs. 10,000 to Rs. 2 Lacs depending on the account
• RBL Exceed Accounts – Qtr throughput of $ 50K to $ 200K or QAB of Rs. 50,000 to Rs. 2 Lacs depending on the account variant.

RBL gives you the choice to switch between Quarterly throughput (QTP) or Quarterly Average Balance (QAB)

RBL Bank Current Account Charges

• Starting from Rs. 500 to Rs. 4,000 for various accounts

RBL Bank Current Account Options

1. RBL Exceed Elite Current Account
2. RBL Exceed Express Current Account
3. RBL Exceed Extra Current Account
4. RBL Exceed Global Elite Current Account
5. RBL Maestro Current Account for Professionals
6. RBL Max Current Account for Contractors
7. RBL Exceed Global Extra Current Account

What We Like

• Loan offerings with the current account

What We Didn’t Like

• Few branches locations
• Doorstep banking services are charged

Best Current Account for Small Business in India

#11. IDFC First Bank Silver Current Account

A simple current account with Rs. 10,000 of average monthly balance requirements for the growing needs and aspirations of small businesses.

Average Monthly Balance

• Rs. 10,000

Current Account Charges

• Rs. 1000 for non-maintenance of monthly balance

Other benefits

• Free cash deposit of 10x of AMB (Max 10 Lacs)
• IDFC Business Visa Platinum Debit Card with Lounge access
• Doorstep & anywhere banking
• Free – NEFT, RTGS and cheque collection
• Complimentary general insurance cover for your shop, office, or unit of Rs. 2 Lacs

#12. ICICI Bank Smart Business 2.0 Silver Current Account

ICICI Smart Business 2.0 Silver account helps small businesses to adjust money flow with business cycles. It gives small companies free cash deposit flexibility by linking QAB to the free transaction limits.

Businesses get free cash deposits of up to 10 times the MAB or Rs. 1.2 Crores whichever is lower. 

They can enjoy free cheque collection & payment, RTGS & NEFT, Business Gold debit card and cash management services (CMS).

Minimum Quarterly Average Balance

•  Rs. 50,000

Current Account Charges

• Rs. 2,000 per qtr for avg balance > 50% but <100%
• Rs. 3000 per qrt for avg balance <50%

Other benefits

• 100 free branch transactions per month for every 1 Lac of balance maintained
• 150 free cheques leaves per month for every 1 Lac of balance maintained
• Free cheque payment and collection anywhere across the country
• Free Business Gold Debit card
• Free RTGS and NEFT transactions

#13. BOB Lite Current Account

BOB Lite current account is best for stores and businesses run by individuals, proprietors and partnership firms.

USP of BOB Lite current account is Rs. 0 MAB requirements, and 1 free sound QR box. BOB also offers a Visa Vyapaar debit card along with the current account.

Minimum Monthly Average Balance

• NIL

Current Account Charges

• Rs. 0

Other benefits

• Collateral-free overdraft facility
• Baroda cash management services
• 100% waiver of monthly charges on POS and Soundbox QR
• Unlimited free digital transactions
• Account available to individuals over 14 years of age

#14. Kotak Neo Current Account

Kotak Neo is a small business current account designed to help small businesses save and efficiently manage funds through Kotak ActivMoney and Kotak Circle.

Neo account carries the lowest balance requirement of Rs. 10,000. But the account is offered by Kotak at select locations only.

Minimum Average Quarterly Balance

• Rs. 10,000

Current Account Charges

• If AQB < 50% then Rs. 1,200.
• For AQB > 50% but < 100% then Rs. 750.

Other Benefits

• Kotak Business Power Platinum debit card with a daily purchase limit of Rs. 1.75 Lacs
• Kotak ActivMoney sweep and reverse sweep facility
• Rs. 15 Lacs short-term overdraft facility
• Free cheque collection through Speed Clearing
• Flexibility to club multiple current and saving accounts
• Cash Management services

Best Bank for Zero Balance Current Account in India

#15. Axis Delite – Zero Balance Current Account

Delite current account from Axis Bank has no minimum balance requirements but the bank charges Rs. 2,000 as annual maintenance fees.

The account is specifically meant for retailers.

Other benefits

• Minimum cash deposit limit – Rs. 1 Lac and Maximum – Rs. 2 Cr
• CMS & Trade-Fx solutions
• NIL charges on NEFT & RTGS

#16. Indus Infotech Current Account

The zero balance current account is specifically for IT, ITES, KPOs and BPOs. Indus Infotech includes a current account with services like global trade and forex, salary account and retail forex services.

Other benefits

• Doorstep banking
• Indus Forex card is available in eight major currencies
• Free trade and forex services like zero Swift charges, free import/ export bill collection and non-trade outward remittances
• Option to open a salary account of employees

#17. Standard Chartered Smart Business Current Account

Smart Business SC Bank removes the headache of maintaining a monthly minimum balance.

You just need to route a minimum of Rs. 15 Lacs of business credit collections every month through the account. Any shortfall attracts a charge of Rs. 3,500.

Other benefits

• Lower charges for various transaction fees with increased credits
• Doorstep banking facility
• Web-based Straight2Bank (S2B) working capital platform
• SME Cash management solution
• International debit card powered by Visa

Best Current Account for Startups in India

#18. ICICI iStartup 2.0 Current Account

The iStartup 2.0 account caters to the specific needs of startup founders and young entrepreneurs through a host of business solutions like –

• Customized and convenient banking experience with QAB waiver up to 1 year
• 3 variants of current accounts for specific startup needs
• Preferential charges on import and export trade transactions
• Business growth solutions like – connecting with VC, PE & Angel investors and “Accelerator Program” to support & co-innovate
• Dedicated relationship manager for promoters

There are 3 variants of iStartup 2.0 – Tech, Silver, and Gold suited to the level of business activity.

But ICICI allows only businesses incorporated as LLPs, private & public limited companies and one-person companies (OPC) to open iStartup 2.0 accounts.

Note – After 12 months the quarterly average balance requirement ranges from NIL to Rs. 1 Lac depending on the account variant.

#19. HDFC Bank Startup Buildup Account

HDFC Startup’s current account offers dedicated support for trade & forex transactions by offering competitive rates and support for regulatory filings.

Banking benefit of startup current account-

Particulars	StartUp BuildUp Current Account
Avg. Qtr Balance (AQB)	Rs. 50,000 AQB waiver if digital credit transaction > Rs. 5 lacs
Free Cash Deposit & Withdraw	12 times the MAB max Rs. 75 Cr p.m.
Debit Card	Business debit card with no annual fees
Charges	Rs. 3000 per quarter

The other services for startups by HDFC Bank are –

• AQB relaxed for the first 4 quarters
• Free NEFT & RTGS payments
• FD-backed commercial credit card
• Various digital collection options like – Cards, net banking, UPI, PayZapp, SMS/email-based payments
• Corporate salary account for employees
• Customized group health insurance plans

#20. Axis Bank Current Account for Startups – New Economy Group

The start-up current account – “New Economy Group” at Axis Bank is for new-age technology-driven startups. The account offers NIL monthly average balance requirements.

• Forex, CMS NEFT and RTGS payments
• Cash deposits up to 10 times the MAB or a maximum of Rs. 50 Lacs
• Unlimited cash withdrawals
• Chequebook, DD and PO issuances

The rest of the facilities are offered based on the risk profile and needs of the startups, like

• Payment & Collection services
• Forex and trade solutions
• Payment gateway solutions
• Credit facilities & working capital structured for startup needs
• Investment advisory services

#21. Kotak Startup Current Account

Kotak Bank offers a regular and premium current account for startups.

Details	Kotak Startup Regular	Kotak Startup Premium
AQB	Rs. 50,000	Rs. 1 Lac
Free cash deposit (non-home branch	Rs. 100,000 per month	Rs. 300,000 per month
Free cash withdrawal (non-home branch)	Rs. 50,000 per day	Rs. 100,000 per day
Charges	Waived off for 1 year Up to Rs. 2,500 after that	Waived off for 1 year Up to Rs. 5,000 after that

The other common services include

• Collateral-free, customized business loan solutions
• Kotak ActivMoney with sweep and reverse sweep facility
• Kotal Circle for grouping current and saving accounts
• Cash Management, Trade & Forex, Payment & Collection solutions
• Dedicated relationship manager

Difference Between Current Account and Saving Account

The difference lies in the prime underlying objective, the savings accounts are for personal savings and earnings with the basic intention of building a habit of savings. For more details, check out the list of best savings bank account in India

Whereas, current accounts are to facilitate smooth business transactions and accounting.

The other benefits associated with the current account as compared to the savings account are –

• Overdraft facility where more money than the balance can be withdrawn
• A higher number of free transactions
• Unlimited withdrawal and deposit facilities thus helpful in handling a large volume of transactions
• Generally, the minimum account balance starts from Rs. 10,000
• Discounts in processing fees & loan offers
• Allows direct payments using cheques, DD and pay orders to vendors and creditors

Popular banks like ICICI, HDFC, and SBI also provide Demat & trading account services. If you want to keep all your accounts under a single Umbrella then you can current account, savings account and Demat account with the same bank for easy management.

If you want to optimize your finances then you can open a current account as per your business requirements with a bank. I have listed the different accounts for different needs.

Open a savings account with a bank like HDFC that provides the best products like Credit card and cashback debit cards.

Open a Demat account with a discount broker like Zerodha to save on high brokerage charges.

Documents Required to Open a Current Account in India

Entity	Required Documents
Sole Propreitorship	Gumasta or Business license, Address proof, proprietor’s photo, PAN & Aadhar
Partnership Firm	Partnership deed, firm declaration doc, PAN, Address proof of firm and partners
Companies (Public & Pvt)	MOA & AOA Certificate of Incorporation Board Resolution List of Directors PAN Card Address proof PAN & Aadhar of Directors

FAQs

Which bank offers quick business loans by opening a current account?

RBL Bank, HDFC and ICICI Bank would offer business loans along with the current account. You can check all the three banks.

But your loan will depend on credit needs, collateral offered and the respective bank’s credit policy.

Suggest a bank that offers an Overdraft (OD) facility.

Kotak Bank, RBL Bank and Bank of Baroda offer overdraft facilities while opening a current account.

Which Indian bank is best for a current account?

All the banks in India offer current accounts with varying features and benefits. You need to list down your requirements and check with the banks that closely match your needs.

Or you can contact your existing banker and look at the current account that he is offering.

Which bank gives highest interest rate on Current Account?

Fundamentally, a current account is a non-interest-bearing account. It is meant to handle bulk transactions.

If you opt for the “Sweep-in” facility for your current account then it is possible to earn interest. Kotak Bank and Bank of Baroda offer a sweep-in facility. Between them, Kotak Bank offers the highest interest rate on the current account.

Can I have two current accounts?

Yes, you can open two different current account variants with the same bank or with two different banks.

The banks will not allow you to open two similar current accounts with the same bank.