Essential Considerations: Does Your Small Business Require a Current Account?
Posted on Monday, January 1st, 2024 |
Starting and managing a small business involves numerous decisions, and one crucial aspect is determining whether your business needs a current account. While not every small business may find it necessary, there are key considerations that can help you evaluate whether opening a current account is the right move for your venture. Understanding Current Accounts…
Read more5 benefits of having a current account with low fees
Posted on Friday, October 13th, 2023 |
A current account is a basic bank account that serves the needs of businesses, entrepreneurs and individuals with regular financial transactions. In India where the economy is rapidly evolving and business activities are thriving, having a current account is essential for managing finances efficiently. Current accounts usually carry a operating charges and also encompass a…
Read moreEligibility criteria for MSME business loan
Posted on Friday, September 1st, 2023 |
As Micro, Small, and Medium Enterprises (MSMEs) continue to play a vital role in the economic growth of a nation, providing them with the right financial support is crucial. MSME loans have emerged as a lifeline for these businesses, enabling them to expand operations, invest in technology, and boost productivity. To avail these loans, it…
Read moreWhat are the requirements of starting a business in India?
Posted on Tuesday, May 23rd, 2023 |
India’s ever-changing business landscape offers entrepreneurs a wealth of opportunities, but starting a business in India requires careful planning and attention to detail. There are a number of requirements that must be met in order to establish a business in India, including obtaining the necessary licenses and permits, registering the business with the appropriate authorities,…
Read moreHow to open a current account online?
Posted on Monday, May 15th, 2023 |
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…
Read moreBenefits of Paying Bills Online with Current Account
Posted on Monday, May 1st, 2023 |
When it comes to managing your finances, paying bills is one of the most important tasks you need to keep up with. Fortunately, with technological advancements, it is now easier and more convenient than ever to pay your bills online using your current account. By using your current account to pay your bills, you can…
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 moreCurrent Account: Pros & Cons of overdraft facility
Posted on Monday, April 24th, 2023 |
In today’s dynamic business landscape, having a current account is essential for your business, regardless of its size. A current account provides a range of banking services that are specifically designed to cater to the needs of businesses, such as making and receiving payments, managing cash flow, and keeping track of expenses. One such feature…
Read moreHow to set up a Current Account for Home-run/ Small Business?
Posted on Friday, November 26th, 2021 |
Do you know that 68 percent of small businesses have separate accounts in banks for their personal and business transactions? As businesses need to conduct a lot of monetary transactions on a daily basis, having a current account is a necessity. So, if you are planning to set up a current account for a home-run/…
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