Indian Bank Zero Balance Account Opening Online Full Process: Indian Bank Zero Balance Account Opening Online: Open a hassle-free, low-cost savings account with no minimum balance requirement. Free online banking, ATM cards, and NEFT/RTGS/IMPS transactions.
Introduction of Indian Bank Zero Balance Account Opening Online
A zero balance savings account is a type of bank account that does not require you to maintain a minimum balance. This means that you can open an account even if you do not have a lot of money to deposit.
There are many benefits to having a zero balance savings account. For one, you do not have to worry about paying monthly service charges if your balance falls below a certain level. Additionally, you can often access your money through online banking or ATMs without having to pay any fees.
If you are looking for a convenient and low-cost way to save money, a zero balance savings account is a great option.
Benefits of Indian Bank Zero Balance Account Opening Online
In addition to the general benefits of a zero balance savings account, Indian Bank offers a number of additional benefits to its customers. These include:
- Free online banking
- Free ATM cards
- Free NEFT/RTGS/IMPS transactions
- No service charges
Fee and Charges of Indian Bank Zero Balance Account Opening Online
here are the fees and charges associated with the Indian Bank zero balance savings account:
- Monthly service charges: Nil
- ATM card: Free
- NEFT/RTGS/IMPS transactions: Free
- Cheque book: Rs. 100 (20 leaves)
- Statement of account: Rs. 20 (per statement)
- Overdraft: Applicable as per bank’s terms and conditions
- Interest: 3.50% p.a. (on the daily balance)
Please note that these fees and charges are subject to change. It is always best to check with your local Indian Bank branch for the latest information.
Here are some additional details about the fees and charges:
- The ATM card is free, but there may be a charge for ATM withdrawals outside of the Indian Bank network.
- NEFT/RTGS/IMPS transactions are free, but there may be a charge for international transfers.
- The cheque book is free, but there is a charge for additional leaves.
- The statement of account is free, but there is a charge for additional statements.
- The overdraft facility is available subject to the bank’s terms and conditions.
- The interest rate on the account is 3.50% p.a. (on the daily balance).
How to Indian Bank Zero Balance Account Opening Online
Opening an Indian Bank zero balance savings account online is easy. Simply follow these steps:
- Visit the Indian Bank website.
- Click on “Open an Account”.
- Select “Zero Balance Savings Account”.
- Enter your personal details.
- Upload your documents.
- Submit your application.
Documents required to Indian Bank Zero Balance Account Opening Online
The following documents are required to open an Indian Bank zero balance savings account:
- Aadhaar card
- PAN card
- Passport-sized photograph
- Proof of address
FAQs of Indian Bank Zero Balance Account Opening Online
Here are some frequently asked questions about Indian Bank zero balance savings accounts:
- What are the eligibility criteria for opening an Indian Bank zero balance savings account?
To be eligible to open an Indian Bank zero balance savings account, you must be:
* A resident of India
* At least 18 years old
* Have a valid Aadhaar card and PAN card
- What are the features of an Indian Bank zero balance savings account?
The features of an Indian Bank zero balance savings account include:
* No minimum balance requirement
* Free online banking
* Free ATM cards
* Free NEFT/RTGS/IMPS transactions
* No service charges
- What are the benefits of an Indian Bank zero balance savings account?
The benefits of an Indian Bank zero balance savings account include:
* Convenient and low-cost way to save money
* Free online banking and ATM access
* No service charges
- How do I open an Indian Bank zero balance savings account online?
To open an Indian Bank zero balance savings account online, simply follow the steps outlined above.
How to Indian Bank Zero Balance Account Opening Online
- Step 1: Visit the Indian Bank website > https://indianbank.in/
- Step 2: Click on “Open an Account”
- Step 3: Select “Zero Balance Savings Account”
- Step 4: Enter your personal details
- Step 5: Upload your documents
- Step 6: Submit your application
Conclusion of Indian Bank Zero Balance Account Opening Online
The Indian Bank zero balance savings account is a great option for those who want a hassle-free, low-cost way to save money. The account offers a number of benefits, including no minimum balance.
