Welcome guys here once again to one of our amazing blog posts. Here we are back with one of the best posts and the topic of the post is online bank account opening with zero balance. Here we will discuss all the related details regarding the bank account opening of various banks. This post is going to be different from our older ones because we had improved our services to give you much more knowledge regarding the topic. We will surely hope that you guys are taking our points clearly. Let’s move ahead in the post without wasting ours time.
See, first, we want to be cleared with one point and that is we guys request you to go step by step or wisely in the post this is just for your priority to be cleared with the written points. Let’s move up ahead in the blog.
What is a zero balance account?
First of all, let’s discuss what is zero balance account? You have already seen various banks in your city or anywhere else. Many of the banks are having their own rules to follow while opening an account in their banks. Many will charge you some amount while opening an account and many will offer you zero balance while opening account this means you don’t have to pay any of the amounts while opening an account. We guys will surely hope that you are getting our points clearly. The amount of money you will have in your bank account as per the average of that money who is in the bank account the bank will pay you an interest annually. There are many banks which we are going to talk ahead about what the offers they will offer you while opening an account in their banks. They will provide you no Atm/debit charges, free net banking services, an account that can be used for a salary account, zero balance required, free passbook.
If you will open a zero balance savings account then you don’t have to requires to have money in your account it depends on your choice if you want to save some money in your bank account or you want to keep it empty. Here we had mentioned the important details regarding the zero balance savings account ahead we are going to mention some of the banks which will offer you zero balance savings account.
Few of the banks for zero balance savings account
1. ICICI bank
If you are not having any bank account then you can go to this bank to open a zero balance savings account. One of the best features they will provide you and that is you can open both individual or zero balance savings account. The minimum balance to have in a bank account is zero the bank will not force you to have any of the money in the account. The bank will pay you an interest rate of 4% annually according to the amount that is kept in the account. You can also apply for their card feature that is debit or credit cards. If we will talk about the eligibility then must be a citizen of India. Having at least 18 years of age.
SBI is one of the most popular banks in India. As per every bank, this will also provide you a zero balance savings account.
Let’s discuss some features about it the first is they will not provide any limits on cash deposits you can deposit a maximum amount in your bank account. The documents are required for KYC verification. The bank will offer you free debit or credit cards. If we talk about the interest rate then as per the icici this will also pay you the same interest rate of 4% of the bank amount in your account annually per once. The offers you Will get to use are the net banking feature, Atm card feature, online payments features and many more are there.
Now here many of you already heard about Pradhan Mantri Jan Dhan yojana. Here we will talk about some of the features of Pradhan Mantri Jan Dhan yojna you should know about it. This service has been launched by our pm in the year 2014 for the middle classes people. It is one of the government bank accounts services if we think about it. The features are insurance covers up to 1 lakhs. The person can keep zero balance in their account not necessary or important to have an