Do we get interest on current account

Typically, banks in India do not provide interest on current account balances. These accounts are specifically designed for businesses, professionals, and traders who require high transaction limits and frequent deposits or withdrawals for daily operations. Unlike savings accounts, which are meant for wealth accumulation, current accounts focus on providing liquidity. However, some banks may offer specialized facilities like auto-sweep or ActivMoney, where excess funds above a certain limit are moved to term deposits to earn interest while maintaining liquidity for your business needs.