Is your business eligible for ActivMoney current account? A view into its features and benefits

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04 AUGUST, 2023
Current Accounts are a must-have for businesses of all sizes. They are essential to pay expenses, receive payments, and quickly access cash when needed. However, Current Accounts offer little interest, a significant barrier for businesses that want to make the most of their excess funds. Imagine earning interest on the money that would otherwise be sitting idle in your Current Account. That's what Kotak's ActivMoney Current Account offers.
This feature is a game-changer for businesses that want to make the most of their cash reserves without compromising their daily transactions and operations. The additional money received through interest can be used to maximise your earnings, reinvest in your company, or even save for unexpected expenses.
But is your business eligible for ActivMoney? Here is a detailed look at the ActivMoney Current Account requirements, eligibility criteria, features and benefits to understand if your business is eligible to make the switch.
Earn FD-like interest of up to 7%* p.a. with ActivMoney Current Account and more.
ActivMoney Current Account’s features and advantages are not limited to just convenience. It offers a range of value-added benefits to help your business grow, including:
Eligibility criteria and requirements
The ActivMoney Current Account opening documents are kept to a minimum to facilitate a smooth account opening process. You can check the documents listed in detail on the Kotak website.
Ending note
Many know about earning interest on investment funds or savings accounts but making interest on a Current Account is equally essential. This way, you can make your money work for you and boost your earnings.
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