Freelancer Current account

No — under income tax law (Section 44ADA) in India, if you are a freelancer/professional with annual gross receipts below the prescribed threshold (₹50 lakh/₹75 lakh if cash receipts are ≤5%), you are not legally required to maintain detailed books of account or get them audited just because of tax compliance under 44ADA. That means there’s no statutory requirement to have a current account solely for 44ADA compliance if your gross receipts are below the limit.

Thanks for your reply Sir. A person working at the bank said that savings account is only to be used for personal expenses and suggested for a current account