"Current Deposit" demands deposit and is meant for;
- Businessmen
- Firms
- Companies
- Corporations
- Trusts
- Individuals with no restriction on a number of drawals.
The bank or financial organization where the Current Deposit account is held generally pay out interest on the funds occasionally, such as monthly or even quarterly.
Facilities:
- Can be used for a complete secured overdraft facility.
- Standing training Facility is accepted.
- Debit cum ATM Card, Mobile Banking as well as Internet Banking, SMS services are available.