How many current accounts can i have

There is no legal limit on the number of current accounts an individual or business entity can hold in India. You can open multiple accounts across different banks to manage cash flows, segregate business divisions, or track specific expenses like payroll and taxes. However, having multiple accounts requires:

• Maintaining the Minimum Average Balance (MAB) for each account to avoid penalties.
• Adhering to RBI guidelines, especially if you have credit facilities like CC or OD exceeding ₹5 crore.
• Regular monitoring to prevent accounts from becoming dormant due to inactivity.