Do You Require a Current Account to Register an MSME?

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If you are planning to register your business as a Micro, Small, and Medium Enterprise (MSME) and wondering if you need a current account, the answer is yes! For registering your business as an MSME, it is often necessary to have a functional current account to facilitate financial transactions and maintain proper records. A current…

Benefits of MSME Registration

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MSME (Micro, Small and Medium Enterprise) registration can be a transformative step for your business. Doing so can offer distinct benefits like easy access to loans at lower interest rates, tax subsidies and various government incentives and schemes. This recognition assists in business expansion and growth. However, there might be a few questions you might need…

Manage Your Family Business Better with Current Account

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Running a family business is a rewarding experience, but it comes with its own set of challenges. Managing cash flow and ensuring seamless financial operations are a few of them. Many family businesses struggle with these issues, leading to stress and inefficiency. But the right financial tools, like a current account, can ease the pressures….

Benefits of Current Account E-Statement

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With advancements in digital tech and the banking sector, it has become easier and more convenient than ever to manage your finances. One such major digital shift in banking is the rise of electronic statements or e-statements.   For business owners, a current account e-statement can provide a range of benefits, such as better security, convenience,…

Can One Current Account be Used for Multiple Businesses?

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Running multiple businesses can be exciting and positively challenging. However, managing various operations is also difficult, especially when it comes to finances. Business owners dealing with multiple businesses may wonder whether they can use a single current account for all their ventures.  It might seem tempting to bundle all business transactions into one account. However,…

Maximising Benefits from Your Current Account: Important Tips

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A current account is essential if you deal with a large number of transactions, whether you are a sole proprietor or a business partner. But are you truly making the most of the current account benefits offered by your bank? Here are some points to help you optimise the full potential of your current account…