I recently updated my banking information for NEFT payments on a freelance platform. Everything is correct, including the account number and IFSC code. However, there's a minor spelling error in my name, and I'm concerned this might cause issues with receiving payments.

My Axis Bank savings account receives payments from my small online business. Can I convert it to a business current account? What are the key features I'd get? And what happens to the business account if I decide to close my online store?