Which Bank Has Lowest Minimum Balance For Savings Account?

Can I close my HDFC account with negative balance?

Just put an account closure request and take receiving…..

Either manager will close the account or the account will be dormant……

What is average monthly balance HDFC?

HDFC BankBranch typeAverage monthly balanceMetroRs. 10,000UrbanRs. 10,000Semi-urbanRs. 5,000RuralRs. 2,5001 more row•Feb 11, 2019

Which bank has no maintenance fees?

Citibank and TD Bank are the only two banks that offer no interest checking accounts with no minimum to open. BB&T also offers a checking account with no monthly maintenance fee; however, it is only available in select states.

What is minimum balance in HDFC Bank?

To maintain HDFC Bank Savings account, you require a minimum balance of Rs. 10,000 for metro Urban branches Rs. 5,000 For Semi Urban branches Rs. 2,500 for Rural branches is required to open a Savings Regular Account.

Which bank is good for saving money?

Best Banks for Savings Accounts of December 2020BankWhy We Picked ItAPYSimpleBest for Managing Your Finances0.60%AllyBest for Customer Service0.60%DiscoverBest for All-in-One Banking0.50%Alliant Credit UnionBest for Kids and Teens0.55%3 more rows

Which bank has no monthly fees?

Summary of Best Free Checking AccountsBank/InstitutionNerdWallet RatingMonthly FeeFNBO Direct Online Checking Read review5.0 /5$0Schwab Bank High Yield Investor Checking® Read review4.5 /5$0Discover Bank Cashback Debit Read review5.0 /5$0Capital One 360 Checking® Read review4.5 /5$06 more rows•Jan 15, 2020

Which bank has lowest bank charges?

NedbankFor 2020, Nedbank has reduced its deposit fees at Nedbank ATMs to zero, meaning it takes the crown for the cheapest bank to deposit with. FNB and Capitec are matched on the same price structure, while Absa and Standard Bank, too, have similar structures.

What is the minimum amount for saving account?

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.

How many bank accounts should a single person have?

Having up to two bank accounts is ideal, or at best three.

Which bank is good for savings?

Best savings accounts & rates of December 2020Best Overall Rate: Citibank – 0.70% APY.High Rate: Vio Bank – 0.66% APY.High Rate: Popular Direct – 0.65% APY.High Rate: Ally Bank – 0.60% APY.High Rate: American Express National Bank – 0.60% APY.High Rate: Synchrony Bank – 0.60% APY.High Rate: Comenity Direct – 0.60% APY.More items…

Which bank is best for zero balance account?

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.

Which bank is giving highest interest?

Fixed Deposit Interest Rates by Different BanksBankTenureInterest rateICICI Bank7 days to 10 years4% to 7.25%Punjab National Bank7 days to 10 years5.70% to 6.85%HDFC Bank7 days to 10 years3.5% to 7.40%Axis Bank7 days to 10 years3.5% to 7.25%2 more rows•Dec 2, 2020

Is HDFC zero balance account available?

You can open a Savings Account, but you don’t have to maintain a minimum balance for it. Despite this, the bank will still provide the usual facilities that come with a regular Savings Account. As the name of the account implies, this is a zero-balance account. … Consequently, there is no penalty in case of zero balance.

What banks don’t require a minimum balance?

These Banks Offer Free Checking Accounts With No Minimum BalanceCapital One 360 Free Checking. … Ally Interest Checking Account. … Schwab Bank High Yield Investor Checking Account. … NBKC Personal Checking Account. … Discover Cashback Debit. … Chime Bank Account. … Simple Checking Account. … USAA Free Checking.More items…