Can individual open current account

Yes, a resident individual can open a current account in India. While savings accounts are meant for personal savings, current accounts are designed for individuals who need to handle frequent, high-value transactions or manage professional activities. Key features include:

• High transaction limits for both deposits and withdrawals
• Access to overdraft facilities to manage short-term cash flow
• Convenience for managing daily business-related receipts and payments

To open this account, you must provide valid KYC documents, including your PAN card and Aadhaar card, to verify identity and address.