Several banks in India offer zero balance savings accounts, often referred to as Basic Savings Bank Deposit (BSBD) accounts. These accounts do not require you to maintain a minimum average balance. Key banks providing this facility include:
- State Bank of India (SBI) - Basic Savings Bank Deposit Account
- Kotak Mahindra Bank - 811 Digital Savings Account
- IndusInd Bank - Indus Delite Savings Account
- HDFC Bank - Basic Savings Bank Deposit Account
- Axis Bank - Basic Savings Account
- Federal Bank - FedSelfie Digital Account
These accounts typically offer essential services like a debit card and internet banking without non-maintenance charges.