New Delhi, May 2 -- Are you doing a lot of transactions in your savings account but face restrictions on withdrawals on deposits as a result? While premium savings accounts offer a lot of benefits including low to nil charges for frequent withdrawals, an individual current account will be ideal if your transaction volumes and value are really high. Here is a guide on an individual current account, its features, who can open it and its benefits.

An individual current account is tailor-made for personal use and is held by a single account holder. It offers higher limits on withdrawals and deposits compared to savings accounts. Most individual current accounts provide unlimited and free transactions at ATMs (Automated Teller Machines). You ...