Top 5 Current Account Features To Suit Your Business

Current account features

Current accounts are the financial workhorses that cater to the everyday money management needs of Self-employed professionals and businesses in India. Self-employed professionals and businesses rely on current account features to streamline financial operations, including supplier payments, customer receipts, and day-to-day expenditures.

Current accounts are undeniably popular in India, especially among businesses and self-employed professionals, as they offer a user-friendly and comprehensive solution for diverse banking requirements. Let us understand the features of current accounts in India in detail in this comprehensive blog that discusses:

  • ➔ What is a Current Account?
  • ➔ Features of Unity Bank Current Account
  • ➔ FAQs
  • ➔ Summary

What is a Current Account?

A current account, also known as a checking account in some countries, is a type of financial account that is typically held at a bank or a similar financial institution. It is a fundamental banking product that serves as a convenient and flexible way for self-employed professionals and businesses to manage their day-to-day financial transactions.

It is common for the following entities to own and operate a current account:


Most businesses, whether small, medium-sized, or large corporations, should have a current account to manage day-to-day financial transactions, receive payments from customers, pay suppliers, and handle operational expenses efficiently.

Self-Employed Professionals:

Doctors, lawyers, Freelancers, consultants, and other self-employed individuals often benefit from current account features. It allows them to separate their personal finances from their business transactions, making accounting and tax reporting more straightforward.

Sole Proprietors and Partnerships:

If you're operating a business as a sole proprietor or a partnership, current account features are valuable tools to manage your business finances separately from your personal finances.

Non-Profit Organizations:

Non-profit organizations and charitable entities may also require current accounts to handle donations, manage expenses, and maintain financial records transparently.

Features of Unity Bank Current Accounts

Whether you are an entrepreneur or an NGO, Unity Bank understands the value of your money and time and accordingly provides a plethora of useful current account features to make your banking experience more fruitful and satisfying.

1. Free Look Period

We understand that choosing the right current account is a significant decision. Unity Bank provides you with a free look period to explore and ensure that our current account suits your financial needs perfectly. Take your time to get acquainted with the offered benefits and features of our current accounts in India.

2. No Service/Transaction Charges until 31st Dec 2023

At Unity Bank, we believe in providing our customers with financial peace of mind. Therefore, until December 31, 2023, you can enjoy the benefits of your current account without worrying about service or transaction charges. It's our way of saying thank you for choosing Unity Bank.

3. Transact on Your Current Account Hassle-Free

Our current accounts are designed to make your banking experience effortless. With our user-friendly services and online banking option, you can manage your finances with ease, whether it's checking your balance, transferring funds, or paying bills.

4. Avail Value Added Services at Preferential Rates

We offer a range of value-added services, such as POS, UPI QR, and Payment Gateway at preferential rates. This means you can expand your payment capabilities and options while saving on the costs.

5. Avail Debit Card Facility on Your Current Account

Unity Bank provides you with a convenient debit card facility linked to your current account. Accordingly, you can access your funds and make purchases effortlessly across both online and at retail locations.

6. Bank at Your Doorstep

We understand that your time is valuable, which is why Unity Bank offers the convenience of collecting cash and cheques from your doorstep or delivering cash to your location. It's all about making your banking experience as seamless as possible.

7. Dedicated Relationship Manager

Your banking needs are unique, and at Unity Bank, we recognize that. Enjoy the services of a dedicated relationship manager who will work closely with you to understand and meet your specific banking requirements. Your financial goals are simply our priority.


In India, current accounts are the linchpin of financial management for both individuals and businesses. They serve as the epicenter for handling salaries, routine payments, and a spectrum of banking services, making them essential.

At Unity Bank, we appreciate the significance of your banking needs and offer a range of current account features designed to enhance your financial experience. So if you are someone who can benefit from efficiently managed banking services, choose Unity Bank's Current Account services to cater to your unique financial requirements.