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Savings, current & salary accounts

Indian Bank Ordinary Current Account

Ordinary current account with quarterly average balance of ₹5,000 in metro/urban branches or ₹2,500 in semi-urban/rural branches, digital transaction charges waived and RuPay debit card subject to eligibility.

Interest rateNo interest rate is published for the ordinary current account on the reviewed page.Minimum balanceQuarterly average balance ₹5,000 for metro/urban branches and ₹2,500 for semi-urban/rural branches.Salary requirementNot applicable; this is a current account and the official page publishes customer-type and QAB rules rather than salary-credit criteria.
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Quick eligibility check

Indian Bank Ordinary Current Account

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: Suitable for all customer types listed by Indian Bank?

2Can you provide this required proof: account-opening KYC and constitution documents apply?

3Document checkDo you have this required document or proof: Current-account form, KYC, PAN/Form 60 and constitution/authorisation documents for non-individuals?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Account typeOrdinary Current Account for individuals, proprietors, firms, companies, trusts, HUFs and societies.View source
The official page calls it suitable for all customer types and lists the account facilities.
Source
Current Account
Page / section
Salient features
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum balanceQuarterly average balance ₹5,000 for metro/urban branches and ₹2,500 for semi-urban/rural branches.View source
The table publishes the two location bands.
Source
Current Account
Page / section
Min Amt
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Salary requirementNot applicable; this is a current account and the official page publishes customer-type and QAB rules rather than salary-credit criteria.View source
The official current-account page contains no salary-credit threshold.
Source
Current Account salary review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateNo interest rate is published for the ordinary current account on the reviewed page.View source
The page publishes and facilities but no interest rate.
Source
Current Account interest review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Non-maintenance chargeThe reviewed page publishes QAB bands but no numeric shortfall charge; applicable service-charge schedule controls.View source
No shortfall amount appears on the current-account page.
Source
Current Account charge review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Debit cardRuPay debit card issued subject to account-holder eligibility; digital transactions are waived from account-keeping-charge computation.View source
The official page states RuPay issuance subject to eligibility and digital-transaction waiver.
Source
Current Account
Page / section
Other requirements/details
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Cheque bookCheque-book terms are not separately quantified on the reviewed ordinary current-account page.View source
The current-account page does not publish a free-leaf quota.
Source
Current Account cheque review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
ATM limitsNo numeric ATM limit is published on the reviewed ordinary current-account page; debit-card eligibility and card schedule apply.View source
The page references a RuPay debit card but no limit.
Source
Current Account review
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • ₹5,000 metro/urban and ₹2,500 semi-urban/rural
  • , and available
  • Free internet banking for individuals/proprietors and eligible entities
  • Online monthly statement and free first branch statement
  • Digital transactions excluded from account-keeping-charge computation since 21 December 2023
  • RuPay debit card subject to eligibility

Eligibility

  • Suitable for all customer types listed by Indian Bank; account-opening and constitution documents apply.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Current-account form, , /Form 60 and constitution/authorisation documents for non-individuals

Related official documents

Current Account — Indian Bankofficial-product-page · current · accessed 31 Aug 2026
↗
Indian Bank deposit and small-savings rate referencesofficial-rate-sheet · current · accessed 31 Aug 2026
↗

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Account interest estimate

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Interest you may earn₹2,700two thousand seven hundred rupees
Balance including interest₹1,02,700one lakh two thousand seven hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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Ordinary Current Account · Minimum / balance ₹5,000 metro/urban; ₹2,500 semi-urban/rural

This value is copied from Indian Bank accounts and Government small-savings — published terms. Check the table notes before relying on it.

Source: Current Account; PMJDY; Government Deposit Schemes · Complete published tables Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 10 rows · 6 columnsIndian Bank accounts and Government small-savings — published termsView tableHide table

Scroll sideways to view every column

Indian Bank accounts and Government small-savings — published terms
ProductMinimum / balanceTenureRate / payoutWithdrawal / facilitiesEligibility
Ordinary Current Account ₹5,000 metro/urban; ₹2,500 semi-urban/ruralOpen-endedNo interest published; //RuPay debit card subject to eligibility; digital transactions excluded from account-keeping chargesIndividuals, proprietors, firms, companies, trusts, , societies
PMJDY / BSBDANil balance; nil shortfall chargeOpen-endedSavings schedule applies; free digital banking25 free cheque leaves/year; free mandatory Indian citizens; individual account
Small AccountNil balance; nil shortfall chargeOpen-endedSavings schedule applies; free mandatory Withdrawal slips/passbook; simplified Individuals meeting small-account rules
VIII₹1,000 + ₹100 multiples; no maximum5 yearsGovernment-notified rate; maturity under rulesMultiple accounts; Internet Banking/IndSMARTAdults, guardians and minors aged 10+; no /
₹1,000 + ₹100 multiples; no maximum115 monthsGovernment-notified rate; maturity under rulesMultiple accounts; Internet Banking/IndSMARTAdults, guardians and minors aged 10+; no /
₹500–₹1,50,000/year15 yearsGovernment-notified rate; annual creditNomination up to four; Internet Banking/IndSMARTIndividuals/guardians; no /
₹1,000–₹30,00,000Government scheme tenureGovernment-notified quarterly rate; taxable interestNo loan against deposit; nomination; Internet BankingQualifying senior citizens/retirees; no //
Sukanya Samriddhi₹250–₹1,50,000/yearDeposit 15 years; maturity 21 years8.20% shown for FY2024-25 ; annual compoundingUp to 50% education withdrawal after published milestone; section 80CGuardian for girl child below 10
NSMIS₹1,000 multiples5 years7.4% p.a. Apr–Jun 2026; monthly payout2%/1% premature-closure deduction by period; nominationAdult, joint adults, minor 10+ or guardian; no //
NSTDS₹1,000 multiples1/2/3/5 years6.9%/7.0%/7.1%/7.5% p.a. Apr–Jun 2026; annual payoutFive-year term qualifies for section 80CAdult, joint adults, minor 10+ or guardian; no //
Current Account; PMJDY; Government Deposit Schemes · Complete published tables · accessed 31 Aug 2026Open official source ↗

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