Current Account

Does current account have passbook

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.

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