Current account contain the information about all corporate or business based transaction performed by the organization and individuals. It refers to all transaction not to saving and other particular transaction. It will be defined over the certain tenure. In most of cases, as per provision customer will be allowed to transfer half amount and remaining amount points to financial account along with capital. Basically capital amount is allows to use for supporting in foreign transaction and corporate based activity. It decides the credit of individual on basis of exports and imports of goods and services along with amount receive via transaction from abroad.
Generally, account is calculated by adding up four integral factors and components to perform accurate and authentic calculation of amount. Some of them are outlined below
a. Avails over Draft Facility for account holder.
b. Prompt business based transaction will be allowed.
c. Free mobile banking and internet banking facility for account users.
d. Free from withdrawal limit.
e. In case of deposit in home branch, there will be no criteria.
f. Allow business man for facility of direct payment by using demand draft, pay orders and along with other options
If you are applying for a current account through Applykaroo then follow following simple steps:-
1. Go to url https://www.applykaroo.com/current-account and following window will appear on screen.
2. Enter name of your city, type of job and your monthly income and click on the search button.
3.Then,as per user detail relevant current account offering bank list will appear on screen.
4.Then, user can select the best current account as per his interest and then click on the APPLY NOW button.
5. Now, Enter your personal details as per requirement in application form.
6. After detail submission,within month respective bank will deliver your current account debit card at your door step.
To start a business, current account is quite mandatory. In current time banks offers several decent and beneficial offers to attract customers. It depends on needs of business and its diversity. Some, vital offers and benefits are outlined below
a. Electronics Transfers.
b. Depositing cash at any of the bank branch of respective bank.
c. Wire transfer from abroad.
d. Cheque Deposits.
These days bank offers facility to open current account for several respective need. Users will get several options and benefits to make banking facility smoother and easier. Main types of current account are specified below:
Online Banking Facility
In recent times online market is changing the entire payment related processing. Users along with online or internet banking facility with enjoy transaction with ease and it will make things easier for both sender and receiver. Once online banking will be activated in account, users will be able to perform facility like viewing account statement, account balance, payment clearance, fund transfer and other luxurious facility with ease and security. These days it is one of the frequent choices that will allow performing all transaction even in non-banking hours, in holidays and other valuable services will be just one click away. User will be able to utilize remaining time in other valuable tasks.
User will be free to visit home branch to get the banking solution of services like financial assistance, withdrawal, deposits. Some banks will be imposing extra charges against the services they will offer to customers.
Phone banking facility will allow users to make payments, review their transactions, tracking account balance via their mobile phone. This service or facility avails this facility for all existing customers and help them to make banking easier than ever.
ATM or Debit Card
To avails the facility of money withdrawal, after the process of successful account opening, bank issues an ATM or debit card for customer. Users will be allowed to with draw amount in case of low balance on account.
As it is known as one of the traditional way of bill clearing and amount withdrawal. Even in modern days bank customers will pick this option instead of internet banking facility to pay specific dues.