A current account can be opened by individuals and various business entities that require high-frequency transactions. Eligible applicants in India typically include:
- Individual residents and sole proprietorships
- Partnership firms and Limited Liability Partnerships (LLPs)
- Private and Public Limited Companies
- Hindu Undivided Families (HUFs)
- Trusts, associations, societies, and clubs
- Religious and educational institutions
- Government bodies and public sector undertakings
Applicants must provide valid KYC documents, business proof, and meet the minimum balance requirements specified by the bank to initiate the account opening process.