Current Account
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 June 2011
Is there any compulsion for opening an current a/c for opening small business (sale-300000/- p.a).
21 June 2011
IF the sale amount is small as mentioned by you ( Rs.300K p.a ) and if it is propeitry business then it can be managed with SB account .
21 June 2011
Many banks donot open savings a/c in the name of business concern. The policy varies from bank to bank.
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