SALEMYOURS-PAY FINEZY MICRO FINANCE PRIVATE LIMITED

CURRENT ACCOUNT

FEATURES OF A CURRENT ACCOUNT?

One of the most important features of a current account is the fact that it bears no interest at all.

The funds in a current account are always made available to the account holder whenever needed, and to compensate for this extra liquidity that the bank provides, there is no interest charged on current accounts.

Another feature of current accounts is that you can make numerous withdrawals and deposits in the accounts basis account variant type. Also, there are no restrictions on the number of cheques issued by businesses or the number of transfers done via Internet banking.

BENEFITS OF A CURRENT ACCOUNT?

There are several benefits of operating a current account for business owners:

With phone and SMS banking, it is possible to get SMS updates about transactions and balances. There is no need to visit the bank branch to find out details.

Any time withdrawal facility to meet the cash needs of the business.

A current account holder can deposit cash or cheques at different bank branches which makes it extremely convenient to collect payments from small customers.

Availing an overdraft facility against a current account is easy. Having an overdraft helps meet the working capital needs of the business at any point in Customized Current account variants are available based on type of entity/ business/ account holder.

A current account has many benefits for professionals, businessmen, and for associations, societies and trusts. The liquid nature and flexibility of the account make it an irreplaceable account for business