Bank #LikeAPro with a powerful
current account

Manage your business finances seamlessly with the Open account that comes integrated with expense management, automated accounting and a lot more

Opening a current account is as easy as it gets

Ace business banking with a current account that's built for smart businesses like yours

Low average monthly balance

No hefty AMB. Pay zero for the 1st 3 months & only Rs.10,000 later

Waiver on transaction charges

Make payments only via NEFT & RTGS, absolutely free

Instant beneficiary addition

Add beneficiaries in minutes on the go & transfer money anytime anywhere

Easy bulk payouts

Seamlessly pay your vendors or employees with our bulk payouts solution

Simplified Payment Gateway

Feature-rich payment gateway which you can integrate anywhere

Enjoy Unparalleled Rewards

The more you use Open, the more you earn rewards that make perfect sense for your business

Automated Accounting

Focus on running your business while we automate your bookkeeping

Swift Expense Management

Handout expense cards & get a boss-level view of your team’s spend

One platform to rule it all

Business banking platform that’s tailored to turn your business banking up a notch
Manage your banking #LikeAPro
with the smartest current account

Current account is just the start

Open's got all your business banking needs sorted
Open’s neobanking platform offers everything from a current account to automated accounting & everything in between - one Open account to rule it all

Got Questions?

Here is our FAQs section to help you understand all about our current account offering

  I have a business current account with Open. Do I need to maintain an average monthly balance (AMB)?

No hefty AMB. Zero account balance till 6 months, post which maintain Rs. 10,000 AMB.

  Do I need to pay charges for non-maintenance of average monthly balance(AMB)?

Yes, we levy charges for non-maintenance of AMB. Here’s a detailed look at it:

If your AMB is less than 100% and greater than 50%, then you pay a monthly charge of ₹ 400.

If your AMB is less than or equal to 50%, then you pay a monthly charge of ₹ 500.

  Do I get a cheque book?

You get a free 25 leaves cheque book upon account opening. You can request an additional free cheque book every month.

  Do I need to pay any charges for local cheque clearing?

There is no charge levied for local cheque clearance.

  Do I need to pay any charges for cheque clearing at an outstation bank branch?

Yes, we levy minimal charges for cheque clearance at an outstation branch.

For an amount up to ₹ 5,000, we charge ₹ 50

For an amount above ₹ 5000 to ₹ 10000, we charge ₹ 100

For an amount above ₹ 10,000 to ₹ 1,00,000, we charge ₹ 100

For an amount above ₹ 1,00,000, we charge and ₹ 150

  Do I need to pay any charges for receiving payments online?

There are no charges on receiving payments online.

  Do I need to pay any charges for making payouts via Open?

There are no charges when you are initiating an online NEFT or RTGS through Open.

However, in IMPS transactions there is a nominal charge of ₹ 5 if the amount is less than ₹ 50,000 and ₹ 15 if the amount is more than ₹ 50,000.

We don’t levy charges for making payouts online via RTG

In case of making payouts at a bank branch via RTGS, we charge a nominal fee.

For an amount between ₹ 2,00,000 to ₹ 5,00,000, we charge 20.

For an amount greater than ₹ 5,00,000 we charge ₹ 40.

  Are there any charges when I do the transactions offline through bank branches?

Yes, there will be a nominal charge in the offline transactions, click here to know more.