Banking

Which bank gives interest on current account in india

In India, standard current accounts generally do not offer interest as they are designed for frequent business transactions. However, businesses can still earn returns on their idle funds through the following methods:
  • Auto-Sweep Facility: This automatically transfers surplus funds above a set limit into a Fixed Deposit, allowing you to earn interest while maintaining liquidity.
  • Sweep-In Accounts: Linked fixed deposits ensure that funds are available for transactions while the remaining balance continues to accrue interest.
  • Specialized Variants: Certain private banks may offer nominal interest on specific high-value current account variants based on their internal policies.

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