How many types of current account

In India, banks offer several types of current accounts to meet the diverse needs of businesses and professionals. The most common types include:

• Standard Current Accounts: Basic accounts requiring a minimum average monthly balance.
• Premium Current Accounts: Offer high transaction limits and exclusive benefits for high-volume businesses.
• Startup Current Accounts: Tailored for new businesses with features like zero or low minimum balance.
• Foreign Currency Accounts: Designed for businesses dealing in international trade and remittances.
• Packaged Current Accounts: Provide additional perks such as insurance and medical assistance.