Top Zero Balance Saving Bank Account In india.

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What Is Zero Balance Savings Account

In order to encourage people to make savings and open a Savings Account for this purpose, banks also provide a zero-balance saving account. The idea is simple. You can open a Savings Account, but you don’t have to maintain a minimum balance for it. Despite this, the bank will still provide the usual facilities that come with a regular Savings Account.

Zero Balance Saving Bank Account

HDFC Bank has a Zero Balance Saving Bank Account for all your needs, from no-frills, zero deposit to feature-rich, customised accounts. We even have an instant savings account for those who want to open an account fast.

  • Easy Transactions. You can use your Savings Account to send and receive payments.
  • Payment of Bills. These days, banks offer payment facilities such as BillPay with Savings Accounts.
  • ATM facility.
  • NetBanking and MobileBanking.
  • Debit Card.
  • Savings interest rates.
  • Cross Product benefits.
Zero Balance Saving Bank Account

Basic Savings Bank Deposit Account – BSBDA

AXIS Bank is a Zero Balance Saving Bank Account The account is available for only Indian Residents above the age of 18 years. The account is not available to individuals in the capacity of HUF Karta’s.

NRIs are not eligible for this account. Customer should not be holding any other Savings Account with ICICI Bank.

Customer should not be holding a Basic Savings Bank Deposit Account (BSBDA) with any other bank. You do not have to keep any minimum Monthly Average Balance (MAB) with our Basic Savings Bank Account – it’s a zero balance Savings Account.

  • MAB requirement: Nil
  • Initial funding: Nil
  • Mode of holding: Single or Joint
  • Free Rupay Card facility
  • Free cash deposit
  • Free passbook facility
  • Internet Banking and Mobile Banking available on request.
Zero Balance Saving Bank Account

Kotak 811 is a Zero Balance Saving Bank Account digital bank account available to everyone (Resident Indian individuals only). Kotak 811 lets you choose between a zero balance account or an 811 Edge savings account based on your needs, which acts as a one stop solution for all your financial needs and day to-day transactions.

The Kotak 811 Zero Balance Saving Bank Account helps you save as well as grow your money with its varied investment offerings. The account also lets you transfer funds, pay bills and do more easily. 

  • Minimum Balance: No charges or fine on non-maintenance of minimum balance. Now, spend your balance to the last rupee without any worry.
  • Virtual Debit Card: Get a Virtual Debit Card instantly for online shopping
  • Transfer Money: Transfer money online for free and with easy
  • New Age Banking: Find all your banking solutions in one single touch. Get 180 + features that let you carry out your banking transactions, pay bills, invest, shop and do much more with just a few taps.