Banking

Which bank gives 0 balance account

Several leading banks in India offer zero balance savings accounts, often referred to as Basic Savings Bank Deposit Accounts (BSBDA). These accounts do not require a minimum balance and carry no penalties for a zero balance. Key banks providing this facility include:
  • State Bank of India (SBI) - BSBDA
  • HDFC Bank - BSBDA
  • Kotak Mahindra Bank - 811 Digital Savings Account
  • IndusInd Bank - Indus Online Savings Account
  • Federal Bank - Fed Selfie and BSBDA
  • Standard Chartered Bank - Basic Banking Account
  • Bank of India - Pratham Savings Account

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