Axis Bank Zero Balance Saving Account


Zero Balance


up to 3.5%

Get exciting joining benifits

IndusInd Saving Account




up to 7%

Get exciting joining benifits

Axis Bank Easy Savings Account




up to 7%

Get Lifetime Free Credt Card

Au Small Finance Bank




up to 7%

Exciting Debit Card benifits

IndusInd Bank Saving Account




up to 7%

Exciting Debit Card benifits

Online Current Account

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.

A current account of particular country either will be positive or negative, in other terms it refers to surplus and deficit. Whenever this kind of situation will arise then registration will be equal and opposite of capital account balance. As we know that imports are recorded as debits while exports are recorded as payment of balance.

Open Current Account Effortlessly Let's Go

The online trading services are provided by depositories such as NSDL and CDSL through the network of intermediaries, depository participant, and stock brokers. The charges vary according to the volume held in the account, subscription type, and the terms and conditions laid by the stock broker and the depository.

In capital account, each credit in exports will always be treated as corresponded debit. Generally country lends money to pay the charges of exports. These days customers prefers to open account online as per their comfort and opening account online ease plenty of things for customers.

Surplus in current account increases the net foreign asset of the respective country while deficit in current account refers to decreasing in nation deficit amount. Positive current account balances refers to financial strength of country and specify that country is not a lender of any country across the world; on the other hand negative account balance refers that country is net borrower.

Banks Current Account Comparison

Bank Minimum Average Balance Withdrawal limit
Kotak Bank Edge Current Account Average Quarterly Balance of Rs. 25,000 Up to Rs. 50,000
ICICI Bank Smart Business Account Rs. 25,000 Unlimited for base withdrawal and Rs. 50,000 for non- base withdrawals
HDFC Bank Regular Current Account Rs.10,000 per quarter Unlimited at base withdrawal
SBI Regular Current Account Rs. 10,000 N/A
Axis Bank Normal Current Account Rs. 10,000 Rs. 1 Lakh per day
Bank of Baroda Baroda Small Business Current Account Quarterly Average Balance Rs. 2,500 N/A

Calculation of Current Account

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


When accompany of domestic nationality or an individual receive amount through any foreign identify or through individual identify. If any foreign company invest amount in any domestic company then central government will consider it as debit.


As we know that goods are movable asset that every country do for their own trading and especially to strength, across the world. Whenever any domestic company performs transaction to any foreign country, this entire processing is called export. If we talk in another prospect in case someone receive amount from other country then it will be called import. While calculating current amount imports also known as the outflow of money and export also known as the inflow of money to get exact calculation.

Current Transfer

Whenever any foreign country receive amount from certain country then process of current transfer take place in calculation. In most of cases, individual or any organization perform transaction via traditional mode like official assistance, through donation and other aids.


In case of intangible services like tourism prefer by native of other country in local land or organization and it give money to local resident, then this type of transaction will be calculated as export so as credit.

Top Banks for Current Account in India

Bank/Financial Institution Current Account Types Maximum Cash Deposit Allowed
Bank of Baroda a. Baroda Small Business Current Account (BSBCA)
b. Baroda Premium Current Account (BPCA)
c. Baroda Advantage Current Account (BACA)
d. Baroda Premium Current Account (BPCAP)
Up to ₹1 lakhs per month
State Bank of India (SBI) Regular Current Account No limit
HSBC Bank a. Business Vantage Account
b. Business Select Account
c. HSBC Direct for Business
HDFC Bank -Ultima Current Account
-Supreme Current Account
-Apex Current Account
-EZEE Current Account
-Max Current Account
-Agri Current Account
-Plus Current Account
-Current Account for Hospitals and Nursing Homes
-Trade Current Account
-Current Account for Professionals
-Premium Current Account
-Merchant Advantage Plus Current Account
-Regular Current Account
-Merchant Advantage Current Account
-Flexi Current Account
-Institutional Current Account
-Smart Up solution for Start Ups
-Ascent Current Account
-RFC Domestic Current Account
-Exchange Earners Foreign Currency (EEFC) Account
-E-comm Current Account
-Saksham Current Account
Up to ₹ 2 lakhs per month (for regular current account)
ICICI Bank a. Regular Current Account
b. New Startup Current Account
c. Subhaarambh Current Account
d. Smart Business Account
e. Smart Business Account - Gold
f. Roaming Current Account - Gold
g. Roaming Current Account Standard
Up to ₹1.8 crores per month
Kotak Mahindra Bank -Neo Account
-Start Up Regular
-Start Up Premium
-Global Trade
-Astra 05
-Astra 15
Up to ₹5 lakhs
Axis Bank a. Normal Current Account
b. Local Current Account
c. Business Advantage Account
d. Business Select Account
e. Business Classic Account
f. Sweeps Current Account
g. Business Privilege Account
h. Channel One Account
i. Club 50 Current Account
Up to ₹2 lakhs per month (for regular current account)
YES Bank a. Business Value Current Account
b. Business Growth Current Account
c. Business Benefit Current Account
d. Business Edge Current Account
Up to ₹5 lakhs

Benefits of Current Account

1. Avails over Draft Facility for account holder 2. Prompt business based transaction will be allowed. 3. Free mobile banking and internet banking facility for account users. 4. Free from withdrawal limit. 5. In case of deposit in home branch, there will be no criteria. 6. Allow business man for facility of direct payment by using demand draft, pay orders and along with other options

Steps to Open Current Account at Applykaroo

Step 1. Go to url and following window will appear on screen. Step 2. Enter name of your city, type of job and your monthly income and click on the search button. Step 3. Then,as per user detail relevant current account offering bank list will appear on screen. Step 4. Then, user can select the best current account as per his interest and then click on the APPLY NOW button.

Step 5. Now, Enter your personal details as per requirement in application form.

Step 6. After detail submission,within month respective bank will deliver your current account debit card at your door step.

Features of Current Account

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 1. It is designed to facilitate frequent business or commercial transactions like cash, cheque based transaction and other fund transfer facility. 2. User will be free to perform number of transaction as per need. 3. User will get flexibility of transaction than they will get in saving account. 4. It is users responsibility in to maintain minimum account balance otherwise bank will imposed. 5. These days bank offers interest rate on current account. 6. User need to maintain higher account balance in compare of saving account. 7. Any organization, private and public sector companies, individual, trust, association, property concern and other respective organization. 8. Multiple current accounts cannot be operating for single business. 9. In case of short term loan, interest rate will be charged whenever account user asks from the bank. 10. Like saving account, user need to follow complete process that user follow for opening and operating other account to complete the process related to completion of KYC (know your customer).

Ways of Depositing Cash Amount in Current Account

1. Electronics Transfers. 2. Depositing cash at any of the bank branch of respective bank. 3. Wire transfer from abroad. 4. Cheque Deposits.

Types of Current Account

Packaged Current Account

Apart from availing several core benefits, users will get add on facility like roadside assistance, medical support, travel insurance etc.

Premium Current Account

Customer will get the facility to customize all benefits not only on transaction but in other business based activity. Basically, this type of account is suitable for company or individual with higher revenue and performs transaction on large scale.

Standard Current Account

This is a kind of non interest bearing deposit based account comes with several terms and conditions. User of this type of account need to manage their minimum balance maintenance criteria along with free debit card, cheque books, overdraft facility, free NEFT, RTGS, internet banking, SMS banking.

Foreign Currency Accounts

Any agency or organization deals with client of other countries then they must opt for this type of current account.

Single Column Cash Book

Sometimes it is also known as simple cash account come with facility of regular transaction but with this type of account users will not get facility of overdraft.

Major Services Availed by the Current Bank User

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.

Home Branch

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

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.

Cheque Facility

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.

Open Current Account Online