Can a individual open current account

Yes, an individual can open a Current Account in India. These accounts are specifically designed for individuals who need to perform frequent, high-volume transactions, such as self-employed professionals, traders, or small business owners. Key highlights include:

• Individuals must be at least 18 years old and provide valid KYC documents like Aadhaar, PAN card, and address proof.
• Current Accounts offer high liquidity and features like overdraft facilities, but they generally do not earn interest.
• The minimum balance requirement is typically higher than that of a standard Savings Account.