Penta for business in India: Not available
- Key eligibility
- The account is for businesses registered in Germany
- Non resident position
- Not offered to companies registered in India
- Local currency support
- No Indian rupee account. The product is a euro business account in Germany
- Headline monthly fee
- Not applicable in India
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
Does Penta serve business customers in India?
No. Penta was built for small and medium businesses registered in Germany, and it has been acquired by the French provider Qonto. As of 4 March 2026, Penta no longer takes on new customers under its own brand and existing customers are being moved to Qonto, which itself serves European markets rather than India. A business registered only in India cannot open a Penta account.
Eligibility for businesses in India
Penta expected a business registered in Germany with German company documents and a German tax identity. A company registered only in India does not meet that requirement, so it cannot open a Penta account as of 4 March 2026. Verify with the provider
What it costs locally
There is no India pricing for Penta, because the product is a euro denominated German business account and is not offered to businesses in India. Any historical Penta plan fees applied to German customers in euros, not to rupee accounts. As of 4 March 2026
What local users report
Because Penta is not offered in India and is being folded into Qonto, there is no meaningful local user experience to report for India registered businesses as of 4 March 2026. Businesses that need an Indian account should look at providers confirmed to serve the market.
Questions about Penta in India
Is Penta available for business in India?
Can an Indian company open a Penta account?
Does Penta support the Indian rupee?
What can an Indian business use instead?
Availability, fees, and eligibility change. This page was last reviewed on 4 March 2026. Confirm the current position with Penta before applying.