Current Account is mainly for businessmen, firms, companies, public enterprises etc. which do numerous daily banking transactions. In a CD A/c the account holder can deposit or withdraw money as many times, limiting to the availability of amount in his account. It is zero-interest based deposit, which means the amount in the CD a/c will not get any interest. It is meant only for the convenience of money transactions.

Minimum Balance : 3000/-

Rate of Interest
No interest payable

Eligibility
An Individual singly or jointly, Sole proprietary business concern ,Partnership or joint stock Company, HUF firms, Limited Companies, Trusts, Association, Local Bodies, Societies, Executors and Administrators, Govt./Semi Govt. Undertakings, Agents on behalf of principal etc. can open the account under the scheme with a prescribed minimum balance.