A current account is built for businesses, professionals and traders who make many transactions each day. Unlike a savings account it usually pays no interest, so the comparison is about running costs and convenience rather than returns.
When comparing, look at the average monthly balance you must maintain and the penalty if you fall short, free transaction and cash-deposit limits, charges for NEFT, RTGS and UPI at higher volumes, and whether the bank offers overdraft or cash-management features as your business grows.
This page lists current accounts from Indian banks so you can shortlist a few and check each bank's current terms before applying.
Activ Current Account (HDFC Bank): tier: Regular · best For: Businesses with high cheque usage · free Imps: FALSE. Businesses with high cheque usage
Agri Current Account (HDFC Bank): tier: Basic · best For: Farmers and Agricultural Businesses · free Imps: FALSE. Farmers and Agricultural Businesses
Alpha Current Account (Kotak Mahindra Bank): tier: Platinum · best For: Top tier enterprises · free Imps: TRUE. Top tier enterprises
Ascent Current Account (HDFC Bank): tier: Gold · best For: Mid-sized businesses and traders · free Imps: FALSE. Mid-sized businesses and traders
Baroda Advantage Current Account (Bank of Baroda): tier: Regular · best For: Small businesses and traders · free Imps: FALSE. Small businesses and traders
Baroda Government/Institutional Current Account (Bank of Baroda): tier: Institutional · best For: Government bodies and institutions · free Imps: FALSE. Government bodies and institutions
Baroda Premium Current Account (Bank of Baroda): tier: Premium · best For: Growing and mid-sized businesses · free Imps: TRUE. Growing and mid-sized businesses
Baroda Privilege Current Account (Bank of Baroda): tier: Platinum · best For: Large corporations and enterprises · free Imps: TRUE. Large corporations and enterprises
Baroda Scale Up Current Account (Bank of Baroda): tier: Smart · best For: Scaling startups and enterprises · free Imps: TRUE. Scaling startups and enterprises
Baroda Small Business Current Account (Bank of Baroda): tier: Basic · best For: Micro businesses and vendors · free Imps: FALSE. Micro businesses and vendors
Baroda Startup Current Account (Bank of Baroda): tier: Smart · best For: Recognized Startups · free Imps: TRUE. Recognized Startups
Base Current Account (IDFC FIRST Bank): tier: Basic · best For: Small local businesses · free Imps: TRUE. Small local businesses
Bharat Vanijya Current Account (Bandhan Bank): tier: Smart · best For: Small and medium traders · free Imps: TRUE. Small and medium traders
Biz Advantage Current Account (Bandhan Bank): tier: Gold · best For: Growing businesses and merchants · free Imps: FALSE. Growing businesses and merchants
Biz Deluxe Current Account (Bandhan Bank): tier: Premium · best For: Mid-sized businesses · free Imps: TRUE. Mid-sized businesses
Biz Elite Current Account (Bandhan Bank): tier: Platinum · best For: High net-worth businesses · free Imps: TRUE. High net-worth businesses
Biz Lite+ Current Account (HDFC Bank): tier: Smart · best For: Merchants and Retailers · free Imps: FALSE. Merchants and Retailers
Biz Premium Current Account (Bandhan Bank): tier: Premium · best For: Large growing businesses · free Imps: TRUE. Large growing businesses
Biz Pro Current Account (Bandhan Bank): tier: Smart · best For: Self-employed professionals · free Imps: FALSE. Self-employed professionals
Biz Pro+ Current Account (HDFC Bank): tier: Smart · best For: Growing businesses and merchants · free Imps: TRUE. Growing businesses and merchants
Biz Standard Current Account (Bandhan Bank): tier: Regular · best For: Small businesses and professionals · free Imps: FALSE. Small businesses and professionals
Biz TASC Current Account (Bandhan Bank): tier: Institutional · best For: Trusts and societies · free Imps: TRUE. Trusts and societies
BOI Choice Current Account (Bank of India): tier: Smart · best For: Businesses with seasonal volumes · free Imps: TRUE. Businesses with seasonal volumes
BOI Current Plus Scheme (Bank of India): tier: Smart · best For: Small and Medium Enterprises · free Imps: TRUE. Small and Medium Enterprises
BOI Star Diamond Current Account (Bank of India): tier: Diamond · best For: Large volume trading firms · free Imps: TRUE. Large volume trading firms
BOI Star Gold Current Account (Bank of India): tier: Gold · best For: Mid-sized growing businesses · free Imps: TRUE. Mid-sized growing businesses
BOI Star Normal Current Account (Bank of India): tier: Regular · best For: Small businesses and traders · free Imps: TRUE. Small businesses and traders
BOI Star Platinum Current Account (Bank of India): tier: Platinum · best For: Large corporates and enterprises · free Imps: TRUE. Large corporates and enterprises
BOI Super Current Plus Scheme (Bank of India): tier: Premium · best For: Entities needing auto-sweep · free Imps: TRUE. Entities needing auto-sweep
BOM CHS Current Lite (Bank of Maharashtra): tier: Institutional · best For: Housing societies and associations · free Imps: TRUE. Housing societies and associations
BOM CHS Current Supreme (Bank of Maharashtra): tier: Institutional · best For: Large housing societies · free Imps: TRUE. Large housing societies
BoM Pro Biz Prime Current Account (Bank of Maharashtra): tier: Smart · best For: Professionals and individual firms · free Imps: TRUE. Professionals and individual firms
BoM Pro Biz Supreme Current Account (Bank of Maharashtra): tier: Premium · best For: High net-worth professionals · free Imps: TRUE. High net-worth professionals
Bronze Current Account (Bank of Maharashtra): tier: Basic · best For: Small and medium enterprises · free Imps: TRUE. Small and medium enterprises
Business Advantage Current Account (Axis Bank): tier: Gold · best For: Growing businesses and merchants · free Imps: FALSE. Growing businesses and merchants
Business Classic Current Account (Axis Bank): tier: Premium · best For: Mid-sized companies · free Imps: TRUE. Mid-sized companies
Business Privilege Current Account (Axis Bank): tier: Diamond · best For: Large corporations · free Imps: TRUE. Large corporations
Business Select Current Account (Axis Bank): tier: Premium · best For: Established businesses with regular transactions · free Imps: TRUE. Established businesses with regular transactions
CA FOR STATE/CENTRAL GOVT & CONSULAR (Indian Bank): tier: Institutional · best For: Government bodies and PFMS · free Imps: FALSE. Government bodies and PFMS
Truely Money is an independent sole proprietorship registered under Udyam (MSME), Udyam Registration No. UDYAM-MP-16-0077048. Questions, corrections or feedback: support@truelymoney.com.
Compare current accounts for business in India
A current account is built for businesses, professionals and traders who make many transactions each day. Unlike a savings account it usually pays no interest, so the comparison is about running costs and convenience rather than returns.
When comparing, look at the average monthly balance you must maintain and the penalty if you fall short, free transaction and cash-deposit limits, charges for NEFT, RTGS and UPI at higher volumes, and whether the bank offers overdraft or cash-management features as your business grows.
This page lists current accounts from Indian banks so you can shortlist a few and check each bank's current terms before applying.
Activ Current Account (HDFC Bank): tier: Regular · best For: Businesses with high cheque usage · free Imps: FALSE. Businesses with high cheque usage
Agri Current Account (HDFC Bank): tier: Basic · best For: Farmers and Agricultural Businesses · free Imps: FALSE. Farmers and Agricultural Businesses
Alpha Current Account (Kotak Mahindra Bank): tier: Platinum · best For: Top tier enterprises · free Imps: TRUE. Top tier enterprises
Ascent Current Account (HDFC Bank): tier: Gold · best For: Mid-sized businesses and traders · free Imps: FALSE. Mid-sized businesses and traders
Baroda Advantage Current Account (Bank of Baroda): tier: Regular · best For: Small businesses and traders · free Imps: FALSE. Small businesses and traders
Baroda Government/Institutional Current Account (Bank of Baroda): tier: Institutional · best For: Government bodies and institutions · free Imps: FALSE. Government bodies and institutions
Baroda Premium Current Account (Bank of Baroda): tier: Premium · best For: Growing and mid-sized businesses · free Imps: TRUE. Growing and mid-sized businesses
Baroda Privilege Current Account (Bank of Baroda): tier: Platinum · best For: Large corporations and enterprises · free Imps: TRUE. Large corporations and enterprises
Baroda Scale Up Current Account (Bank of Baroda): tier: Smart · best For: Scaling startups and enterprises · free Imps: TRUE. Scaling startups and enterprises
Baroda Small Business Current Account (Bank of Baroda): tier: Basic · best For: Micro businesses and vendors · free Imps: FALSE. Micro businesses and vendors
Baroda Startup Current Account (Bank of Baroda): tier: Smart · best For: Recognized Startups · free Imps: TRUE. Recognized Startups
Base Current Account (IDFC FIRST Bank): tier: Basic · best For: Small local businesses · free Imps: TRUE. Small local businesses
Bharat Vanijya Current Account (Bandhan Bank): tier: Smart · best For: Small and medium traders · free Imps: TRUE. Small and medium traders
Biz Advantage Current Account (Bandhan Bank): tier: Gold · best For: Growing businesses and merchants · free Imps: FALSE. Growing businesses and merchants
Biz Deluxe Current Account (Bandhan Bank): tier: Premium · best For: Mid-sized businesses · free Imps: TRUE. Mid-sized businesses
Biz Elite Current Account (Bandhan Bank): tier: Platinum · best For: High net-worth businesses · free Imps: TRUE. High net-worth businesses
Biz Lite+ Current Account (HDFC Bank): tier: Smart · best For: Merchants and Retailers · free Imps: FALSE. Merchants and Retailers
Biz Premium Current Account (Bandhan Bank): tier: Premium · best For: Large growing businesses · free Imps: TRUE. Large growing businesses
Biz Pro Current Account (Bandhan Bank): tier: Smart · best For: Self-employed professionals · free Imps: FALSE. Self-employed professionals
Biz Pro+ Current Account (HDFC Bank): tier: Smart · best For: Growing businesses and merchants · free Imps: TRUE. Growing businesses and merchants
Biz Standard Current Account (Bandhan Bank): tier: Regular · best For: Small businesses and professionals · free Imps: FALSE. Small businesses and professionals
Biz TASC Current Account (Bandhan Bank): tier: Institutional · best For: Trusts and societies · free Imps: TRUE. Trusts and societies
BOI Choice Current Account (Bank of India): tier: Smart · best For: Businesses with seasonal volumes · free Imps: TRUE. Businesses with seasonal volumes
BOI Current Plus Scheme (Bank of India): tier: Smart · best For: Small and Medium Enterprises · free Imps: TRUE. Small and Medium Enterprises
BOI Star Diamond Current Account (Bank of India): tier: Diamond · best For: Large volume trading firms · free Imps: TRUE. Large volume trading firms
BOI Star Gold Current Account (Bank of India): tier: Gold · best For: Mid-sized growing businesses · free Imps: TRUE. Mid-sized growing businesses
BOI Star Normal Current Account (Bank of India): tier: Regular · best For: Small businesses and traders · free Imps: TRUE. Small businesses and traders
BOI Star Platinum Current Account (Bank of India): tier: Platinum · best For: Large corporates and enterprises · free Imps: TRUE. Large corporates and enterprises
BOI Super Current Plus Scheme (Bank of India): tier: Premium · best For: Entities needing auto-sweep · free Imps: TRUE. Entities needing auto-sweep
BOM CHS Current Lite (Bank of Maharashtra): tier: Institutional · best For: Housing societies and associations · free Imps: TRUE. Housing societies and associations
BOM CHS Current Supreme (Bank of Maharashtra): tier: Institutional · best For: Large housing societies · free Imps: TRUE. Large housing societies
BoM Pro Biz Prime Current Account (Bank of Maharashtra): tier: Smart · best For: Professionals and individual firms · free Imps: TRUE. Professionals and individual firms
BoM Pro Biz Supreme Current Account (Bank of Maharashtra): tier: Premium · best For: High net-worth professionals · free Imps: TRUE. High net-worth professionals
Bronze Current Account (Bank of Maharashtra): tier: Basic · best For: Small and medium enterprises · free Imps: TRUE. Small and medium enterprises
Business Advantage Current Account (Axis Bank): tier: Gold · best For: Growing businesses and merchants · free Imps: FALSE. Growing businesses and merchants
Business Classic Current Account (Axis Bank): tier: Premium · best For: Mid-sized companies · free Imps: TRUE. Mid-sized companies
Business Privilege Current Account (Axis Bank): tier: Diamond · best For: Large corporations · free Imps: TRUE. Large corporations
Business Select Current Account (Axis Bank): tier: Premium · best For: Established businesses with regular transactions · free Imps: TRUE. Established businesses with regular transactions
CA FOR STATE/CENTRAL GOVT & CONSULAR (Indian Bank): tier: Institutional · best For: Government bodies and PFMS · free Imps: FALSE. Government bodies and PFMS
Truely Money is an independent sole proprietorship registered under Udyam (MSME), Udyam Registration No. UDYAM-MP-16-0077048. Questions, corrections or feedback: support@truelymoney.com.