A Business friendly current account where the surplus funds, if any, are automatically transferred to a linked savings account wherein the deposit will earn the applicable rate of interest.
How does this work for you?
It's very simple. We will open two accounts for you - a current account which would be your main account and a savings account. Both these accounts will be linked to each other
Excess funds in your current account above Rs. 25000 will be automatically transferred to the linked savings account at the beginning of next working day. The end of day balance in the linked savings account will earn daily interest as applicable. No interest will be paid in current account.
This product is only available for proprietorship and individual current account customers