Today we are going to tell you about the best Zero Balance Savings Accounts in the country, where you can open an account easily and also get good interest.
It is often seen that due to lack of minimum balance in the account, banks charge a large amount as a penalty from customers. Those whose income is less, have difficulty in keeping a minimum balance of 10 thousand rupees. Many banks of the country offer zero balance saving accounts for such people. Zero Balance Savings Accounts is an account in which there is no need to keep any minimum balance. Explain that in many banks, the minimum balance limit is up to 10 thousand rupees. Let’s know about them….
(1) IDFC First Bank, First Saving Account
In this zero balance saving account, you get the benefit of doing any number of transactions from any ATM. You can also avail of the services of Mobile Banking and NetBanking for free. With the necessary documents, you can open these accounts by going to any nearest branch. The zero balance account of this bank earns interest at the rate of 6 to 7%.
(2) Yes Bank, Smart Salary Advantage
In this zero balance saving account, you can do unlimited transactions from ATMs and 5 times free transactions from other ATMs. Also, using mobile banking and internet banking, you can do unlimited NEFT and RTGS. In this, you will get an interest of 4 to 6 percent.
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(3) IndusInd Bank – IndusInd Online Savings Account
Unlimited ATM transactions are also available in online savings account. Also, the services of mobile banking and internet banking are free. You can open a zero balance saving account by giving your Aadhaar and PAN through online application. In this, you will get interest of 4 to 6 percent.
(4) Kotak Mahindra Bank- 811 Digital Bank Account
In this bank account, you will not need to keep any minimum balance. You can open it using digital banking. In this, you will also get an 811 virtual debit card, which you can use for online shopping, bill payment, and DTH recharge. You get up to 4 percent interest in this bank account.
(5) HDFC Bank – Basic Savings Bank Deposit Account
Basic Savings Bank Deposit Account can be opened in HDFC Bank, in which you will not need to keep any minimum balance. Account-holders will get free services like ATM cum debit card, free passbook service, free deposit, withdrawal as well as a checkbook, email statement, demand draft. Also, services like NetBanking, Phone Banking, and Mobile Banking will also be available. There is a limit of 4 cash withdrawals every month. On this account, you get the interest at the rate of 3 to 3.5%.