Does SBI Have 0 Balance Account?

Which saving account is best in SBI?

Types of SBI Savings AccountTypes of SBI Savings AccountPrimary FeaturesBasic Savings Bank AccountZero Balance Savings Account RuPay ATM-cum-debit cardSmall Savings AccountZero Balance Savings Account Free ATM-cum-Debit card8 more rows•Oct 6, 2020.

Which bank has lowest minimum balance?

ICICI Basic Savings Account.HDFC BSBDA Small Savings Account.SBI Basic Savings Bank Account.Axis Bank Small Basic Savings Account.Indus Small Savings Account.Standard Chartered Bank’s Basic Banking Account.RBL Bank’s Abacus Digital Savings Account.IDFC Bank Pratham-savings account (BSBDA)

Is SBI zero balance account available?

SBI’s zero balance account: The BSBD account comes with a free debit-cum-ATM card and a passbook without any charge, according to SBI. Zero balance account in SBI: BSBD account can be opened by any individual by taking up KYC verification.

What is the limit of zero balance account in SBI?

All transactions and deposits in the account are free of cost. If the balance exceeds INR 50,000 or total credit in the account exceeds INR 1,00,000 in a year, no further transaction will be permitted until the full KYC procedure is completed. Maximum 4 withdrawals in a month are allowed.

How can I convert my SBI account to zero balance?

SBI gives its customers the option to convert their existing savings accounts to BSBD account, free of cost. 3) There is no minimum balance requirement nor any upper limit. 4) This SBI zero-balance account can be opened by any individual provided he/she has valid KYC documents.

What is the limit of zero balance account?

Rs 10,000Zero Balance Savings Account is a type of account where you are not required to have a minimum balance. A majority of banks in India keep a limit of Rs 10,000 per account to maintain the account. Note that banks themselves will not offer a zero balance account, rather customers are required to ask the banks for it.

Which card is best in SBI?

Best SBI Credit Cards in India 2020Air India SBI Signature Card: 13.5% on Air India transactions, 1.8% on all spending.Air India SBI Platinum Card: 6.75% on Air India transactions.Yatra SBI Card: 20% discount of domestic hotel bookings.

Which bank has zero balance?

8 Best Zero Balance Savings Account In IndiaIDFC First Bank Pratham Savings Account. … YES Bank Smart Salary Advantage. … IndusInd Bank-Indus Online Savings Account. … DBS-DigiSavings. … Kotak Mahindra Bank-811 Digital Bank Account. … HDFC Bank – Basic Savings Bank Deposit Account. … SBI – Basic Savings Bank Deposit Account. … Standard Chartered Basic Savings Bank Deposit Account.

How can I know my SBI account is negative?

Click Here to downoad. Missed call service: Give a Missed call on 8422845512 from your registered mobile number, An instant SMS will be sent on your mobile with latest limits and outstanding. SMS: SMS BAL where XXXX = Last 4 digits of your SBI Card or TATA Card number to 5676791 from your registered mobile number.

Can I open SBI zero balance account online?

The country’s largest bank enables users to open an SBI account online through a mobile app, called YONO. State Bank of India (SBI) offers several types of bank accounts that don’t require any minimum balance to be maintained by the customer every month.

What is minimum balance in SBI?

Currently, SBI savings bank account customers need to maintain an average monthly balance of Rs 3,000 in metro, Rs 2,000 in Semi urban and Rs 1,000 in rural areas. Further, the bank used to levy a penalty of Rs 5 to Rs 15 + taxes on non-maintenance of average monthly balance as stated above.