(23)Top Zero Balance Bank Accounts in India: A Complete Guide to Features and Benefits
Several Indian banks offer zero balance accounts , which allow customers to maintain a bank account without the need for a minimum balance. These accounts are popular for their accessibility and convenience, especially for individuals looking for basic banking services. Here are some of the popular zero balance accounts available at present: 1. Pradhan Mantri Jan Dhan Yojana (PMJDY) Bank: Available at most major banks like SBI, HDFC, ICICI, Axis, etc. Features: - No minimum balance required - Free RuPay debit card - Direct Benefit Transfer (DBT) of government subsidies - Overdraft facility after six months 2. Basic Savings Bank Deposit Account (BSBDA) Bank: Offered by most banks like SBI, HDFC, ICICI, etc. Features: - Zero balance account with no charges for non-maintenance - Debit card and basic banking services free of cost - Limited transactions (usually 4 free per month) 3. SBI Insta Savings Account Bank: State Bank of India (SBI) Fea...