Can an individual open current account

Yes, an individual can open a current account in India. These accounts are designed for high-frequency transactions and are ideal for self-employed professionals, freelancers, and small business owners. To open one, an individual must typically:

• Be at least 18 years old.
• Provide valid KYC documents, including a PAN card and Aadhaar card.
• Meet the bank's minimum balance requirements.

Individual current accounts facilitate seamless day-to-day financial operations by offering features like unlimited deposits, withdrawals, and overdraft facilities, though they usually do not earn interest on the balance.