How to open a current account online?

Posted on Monday, May 15th, 2023 | By Indusind Bank

In India, current accounts are crucial for businesses of all sizes, from small-scale enterprises to large corporations. These accounts provide greater flexibility in managing business transactions, along with several features such as overdraft facilities, which can help businesses maintain a positive cash flow. 

The banking industry has undergone significant changes due to digitization. With the advent of online banking, banking services have become more accessible and convenient for customers. Businesses can now open current account online, eliminating the need to visit a bank branch physically.

Online banking provides greater flexibility in managing business transactions, allowing businesses to transfer funds, check account balances, and make payments at any time, from anywhere. 

Opening a current account online has several benefits, including convenience, time-saving, accessibility, and cost-effectiveness. Opening an IndusInd Bank Current Account can be done online through Video KYC, from the convenience of your home or office, eliminating the need to physically visit a bank branch. This method saves significant time and effort compared to traditional account-opening processes. You can complete the process in a matter of minutes, without the need to wait in long queues at the bank. With IndusInd Bank Current Account, you can access your account details, check balances, and perform transactions from anywhere, at any time.  

Opening an online current account in 5 steps 
 
1. Choose a bank: The first step in opening a current account online is to choose a bank that offers this service. Research different banks and compare their offerings, fees, and features to find the one that best suits your needs. 

IndusInd Bank Current Account offers several advantages for small businesses, including transparent fee structure, nominal minimum balance requirement, instant account opening through Video KYC, range of banking services and features, digital banking solutions, and value-added services. These benefits offered by IndusInd Bank make it a favored option for businesses seeking convenient and efficient banking solutions. 

2. Fill out the application form: Once you have chosen a bank, visit their website and fill out the application form for a current account. You will need to provide basic information about yourself and your business, such as your name, address, phone number, and tax identification number. 
 
3. Upload required documents: To complete the application process, you will need to upload certain documents, such as your ID proof, address proof, and business registration documents. To expedite the process, have these documents ready before starting the application process. 
 
4. Wait for verification and approval: After submitting your application and documents, the bank will verify your information and approve your account. This process usually takes a few days, depending on the bank’s policies. 
 
5. Activate your account: Once your account is approved, you will receive an email or notification from the bank with instructions on how to activate your account. Follow the instructions carefully and you will be ready to start using your new current account. 

Yes, it’s that easy to open a current account online. And, that’s not all! With IndusInd Bank Online Current Account, you can: 

• Use the “My Account, My Number” feature to choose a personalized account number that is easy to recall.  
• Group various businesses under one account and assign shared authorized signatories for convenient management. 
• Meet your immediate capital needs by availing pre-approved business loans at attractive interest rates*.  
• Enjoy a cheque and cash pickup and drop-off service, which you can request from your office’s comfort.  
• Effortlessly manage your account from any location and at any time with user-friendly mobile and internet banking interface. 

Click here to open IndusInd Bank Online Current Account NOW! 

Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.