Current Account vs Line of Credit: What’s the difference?
Posted on Thursday, April 27th, 2023 |
In the dynamic and competitive business landscape of India, companies require access to various financial tools to manage their cash flow and operations efficiently. Two such financial tools that are commonly used are current account and lines of credit. Although they both offer certain benefits, they serve different purposes and have distinct features that set…
Read moreCurrent Account: How to use it for tax payments?
Posted on Wednesday, April 26th, 2023 |
Managing taxes can be a complex and time-consuming process, especially for business owners and entrepreneurs. It can be challenging to keep track of all the payments, deadlines, and tax-related paperwork. One way to simplify your tax management is to use a current account for your tax payments. A current account is a type of bank…
Read moreWhy Current Account for Freelancers is a must?
Posted on Tuesday, April 25th, 2023 |
As a freelancer, managing your finances is crucial to ensure smooth business operations and personal financial well-being. One key decision you need to make is choosing the right type of bank account for your business transactions. Among the options available, a current account is often considered by freelancers due to its specific features and benefits….
Read moreCommon Mistakes to Avoid When Opening a Current Account
Posted on Wednesday, March 9th, 2022 |
A current account is a zero interest rate bank account popular among business owners who carry out large amounts of transactions regularly. Like a regular savings account, current account holders can also withdraw, deposit and transact money but with higheror no limit. Current accounts nowadays also come with the facility of direct deposit or auto-pay….
Read more5 Pointers to Consider When Opening a Current Account
Posted on Tuesday, February 15th, 2022 |
Whether you run a small firm or a big business, a current account is necessary for carrying out seamless business transactions. Often small business owners feel that they can manage without one and use their personal savings account for work-related transactions. But sooner than later, they realise that they require a current account to streamline …
Read more