Multiply India - Information on Financial Planning

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Will I Have to Maintain a Minimum Balance in Current Account?

The minimum balance requirement for a current account is given below:

In comparison to a Savings Account, a Current Account requires a higher amount of minimum balance.
The minimum balance requirement can range from ₹5,000 to ₹10,000*

*subject to change as per bank’s policy

In the following sections, you can learn more about:

how to open a current account
how to close a current account
limitations you may face while using a current account

Continue reading to know about some limitations of a current account