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What is MyMoney current account?
MyMoney offers an instant zero balance current account powered by SBM Bank India that specifically caters to the business needs of the Indian MSME community.
What document do I need to open a current account?
The documents required for an Individual & Sole Proprietorship are listed below. Individual PAN Card Aadhaar Card Sole Proprietorship PAN Card Aadhaar Card Any 2 Business Documents from the below list:- > FSSAI Registration > GST Certificate > Shop ...
What are the benefits of MyMoney current account?
MyMoney's zero balance current account is one-of-a-kind account through which MSMEs can get quick business loans and manage all their business finances like invoicing, accounting and much more.
What is the eligibility criteria for opening a current account?
You are eligible for a current account if you fall under the category of an individual or sole proprietorship. The individual should also have his/her CKYC verified for opening a current account. The sole proprietorship will have an additional step ...
Do I have to maintain a minimum balance in the account?
No! The MyMoney current account is a zero balance account and no amount needs to be maintained as monthly average balance.