Is Cashplus available for business in India?

By Fredrik Filipsson, cofounder of Business Bank Index
Reviewed by Morten Andersen · Last reviewed 5 November 2025
Availability

Cashplus for business in India: Not available

Key eligibility
Applicants must be aged 18 or over and resident in the United Kingdom, and the business must be based in the United Kingdom. India registered businesses are not eligible
Non resident position
The account is for United Kingdom residents and United Kingdom based businesses, so a business operating only in India cannot open one
Local currency support
Cashplus operates in pound sterling for United Kingdom businesses and does not offer a local Indian rupee account
Headline monthly fee
Not applicable in India, as the account is not available to India registered businesses. Verify any United Kingdom pricing with the provider
Availability and fees as of 5 November 2025Last reviewed 5 November 2025

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

No. As of 5 November 2025, Cashplus does not serve business customers in India. Cashplus, which trades as Zempler Bank, is a United Kingdom bank whose business account is for applicants resident in the United Kingdom and businesses based in the United Kingdom. A business registered and operating only in India cannot open a Cashplus business account. Indian businesses needing local banking should look to providers that serve the Indian market.

Does Cashplus serve business customers in India?

No. Cashplus is a United Kingdom challenger that became a fully licensed bank and now trades under the Zempler Bank brand. Its business current account is aimed at United Kingdom small businesses and sole traders, and eligibility requires applicants to be aged 18 or over and resident in the United Kingdom, with the business based in the United Kingdom. There is no Indian banking licence, no local rupee account and no India onboarding route, so a business registered and operating only in India cannot open the account. As of 5 November 2025.

Eligibility for businesses in India

Cashplus eligibility is built around the United Kingdom. Applicants must be aged 18 or over and resident in the United Kingdom, and the business is expected to be United Kingdom based, with United Kingdom identity and address verification. There is no provision for an India registered company to open the account from India, so for the Indian market the position is that the product is not available. Verify with the provider

What it costs locally

Because the account is not available to India registered businesses, local Indian pricing does not apply. Cashplus publishes its plan fees and transaction charges for United Kingdom customers on its own site, and those figures are relevant only to eligible United Kingdom businesses. Confirm any United Kingdom terms with the provider if a United Kingdom entity is part of your structure. As of 5 November 2025

What local users report

For Indian businesses the practical point is access rather than reviews, since the account cannot be opened from India. United Kingdom users discuss Cashplus, now Zempler Bank, mainly in the context of United Kingdom sole traders and small companies. A business in India that needs a multi currency account for international payments would be better served by providers that explicitly onboard India registered companies, several of which are listed on the India country guide.

Cashplus does not appear to serve business customers in India as of 5 November 2025. It is a United Kingdom bank for United Kingdom residents and United Kingdom based businesses, with no Indian banking licence or India onboarding route. Providers confirmed available in India are listed on the India country guide.

Questions about Cashplus in India

Is Cashplus available for business in India?
No. As of 5 November 2025, Cashplus does not serve business customers in India. It is a United Kingdom bank, trading as Zempler Bank, whose business account requires applicants to be resident in the United Kingdom with a United Kingdom based business. Verify the current position with the provider.
Can an Indian company open a Cashplus account?
No. Cashplus eligibility requires United Kingdom residence and a United Kingdom based business, so a company registered and operating only in India cannot open the account, as of 5 November 2025.
Does Cashplus offer an Indian rupee account?
No. Cashplus operates in pound sterling for United Kingdom businesses and does not provide a local Indian rupee account, as of 5 November 2025.
What can Indian businesses use instead of Cashplus?
Businesses registered in India can consider domestic banks and international multi currency providers that onboard India registered companies. The India country guide lists providers confirmed to serve the market, as of 5 November 2025.

Availability, fees, and eligibility change. This page was last reviewed on 5 November 2025. Confirm the current position with Cashplus before applying.

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