Yes, most banks in India provide a passbook facility for current accounts, though it is more commonly associated with savings accounts. While current account holders typically rely on monthly e-statements or physical statements for tracking high-volume business transactions, they can request a physical passbook or use digital alternatives.
Key points include:
- Many Indian banks offer an m-Passbook facility through their official mobile banking apps for real-time tracking.
- Physical passbooks can be issued upon request at the bank branch for manual or machine updates.
- Current accounts also come with other features like chequebooks and ATM cards to manage business finances efficiently.