Overview
We understand that your banking needs are as unique as your business therefore IndusInd Bank offers a wide variety of current accounts so you can pick one that caters to your present business requirements and holds up for your future expansion plans. Our comprehensive range of services includes an account number of your choice, higher transaction limits, dynamic cash deposit limits, a grouping of current account & savings account, auto sweep deposits, and much more, making us the right banking partner for your business.
IndusInd Bank current account come with seamless and secure NEFT/RTGS/IMPS transactions, instant SMS alerts, simple mobile banking & smooth internet banking interface for your seamless and secure digital banking experience. Â
You can even opt for digital current account opening to eliminate the stressful paperwork process that you may face in any traditional banking. Take your business to new heights, open a current account with IndusInd Bank and adopt the best-in-class banking services for your enterprise!
Choose from Range of Current Accounts
IndusInd Bank offers a wide range of current accounts suitable for various business needs. The variations are tailored to the requirements of all business sizes, such as professionals, partnership firms, private limited and public limited companies, government and semi-government bodies, and local authorities. Unlimited withdrawals and other benefits allow customers to conduct business at their own pace.
With a host of offerings, IndusInd Bank offers tailor made solutions to let you choose from select current account options categories for your business.
What makes us preferred bank for current account
Tailored Banking
Enjoy tailored banking solutions via IndusInd Bankâs industry specific current account variants that cover IT, agro, textile, telecom, shipping, import & export and many other natures of businesses.
Customized Account Number
IndusInd Bank current account gives you the freedom to choose an easy-to-remember account number - be it an anniversary date, mobile number or simply your lucky number!
Family banking via grouping of accounts
Group your current account with related savings accounts to skip the hassle of monitoring each account balance individually.
Flexible transactions limit
IndusInd Bank offers dynamic transaction limits on its current accounts that can adapt as per the flexible requirements of your business today and tomorrow.
Instant SMS alerts
Stay updated with the status of your current account balance, recent transactions, and other banking activities on the go with our instant SMS alert system.
Multiple payment solutions
IndusInd Bank current account provides a host of solutions to facilitate hassle-free collection and payments to and from vendors, channel partners, customers and more.
User friendly online banking portals
Experience simple, secure, smooth internet services and mobile banking apps for your current account that lets you bank on the go!
Hassel-free & secure doorstep banking services
With the premium doorstep banking offering of IndusInd Bank current account, you can enjoy services like cheque pickups, on-call cash pickups and much more.
Eligibility for Current Account
Resident Individual / Hindu Undivided Family (H.U.F.)/ Sole Proprietorship/ Partnership/ Limited Company / Limited Liability Partnership/ Trust / Association / Club / Society.
FAQs
What is a current account?
A current account is an account maintained by micro, small, medium, large enterprises, associations, societies or trusts who carry out significantly higher number of banking transactions on a regular basis. Current accounts offer frequent and immediate access to funds without any restrictions.
How are current accounts different from savings accounts?
The USP of a current account is carrying out frequent and high transactions for business purposes, whereas a savings account is a way for individuals to park their funds and earn interest income on it. Current accounts do not tend to provide interest and require a higher minimum average balance as against savings account.
Who can open a current account?
Current account is available for wide range of entities I.e. : Resident Individual/ Hindu Undivided Family (H.U.F.) / Sole Proprietorship/ Partnership/ Limited Company / Limited Liability Partnership/ Trust / Association / Club / Society/etc.
How can I open current account with IndusInd Bank?
To open current account from the comfort of your home, you can apply online. Click on âApply Nowâ. You will be redirected to a page, wherein you will be required to fill basic details. Once you have submitted the details, our trained bank officials will reach out to you and guide you through the remaining process. IndusInd Bank is committed to making your current account opening experience a smooth and hassle-free one. Alternatively, you may visit the nearest branch of IndusInd Bank for opening account.
What documents do I need to open a current account?
Here is a tentative list of documents that you will need to open a current account:
- PAN card
- Address proof (Aadhar card)
- Certificate of incorporation and memorandum of association for companies/trusts
- Partnership agreement (if applicable)
- ID and residence proof of all partners (if in partnership)
- A color photograph of the applicant(s)
- A cheque from existing savings account
- Address of communication
How is Average Monthly Balance calculated in current account?
IndusInd Bank current account does not mandate a minimum balance in the account but offers an average monthly balance to be maintained in your current account. Average Monthly Balance in your current account is calculated by adding the closing balance of account for each day of the month. The total sum amount is then divided by number of days in that month. IndusInd Bank current accounts also offer Average Quarterly Balance (AQB) option, which is calculated by dividing the sum of daily closing balance to the number of days in the said quarter.
What is the minimum Average Monthly Balance needed to open a current account?
The minimum Average Monthly Balance, or AMB, varies upon the type of account you choose. While other banks require the customers to maintain an average monthly balance of Rs. 50,000 or higher, IndusInd Bank gives its customers the freedom to have more access to their funds with lowest Average Monthly Balance (AMB) requirements in the industry, starting from just Rs. 10,000.
What are the charges of opening a current account?
At IndusInd Bank, you do not have to pay any current account opening charges. However, there will be certain charges that will be levied to you on usage of exclusive services. These charges will vary as per the services chosen.
Can I change the mobile number, email-id of the current account?
Yes, you can easily change the contact details of your current account like mobile number, email id, communication address linked to your existing current account at any point of time if the need arises. You may contact your relationship manager or visit the IndusInd Bank branch for the same.
Are online transactions on current account secure?
IndusInd Bank delivers safe and secure banking services for all its products â including current accounts. Any transactions made digitally on your current account with be processed seamlessly, without any lapse in security of your funds.