Best Zero Balance Savings Account for Indian Citizens
For those who are unaware, the minimum balance value does not imply that funds must remain dormant in the account for the entire month in order to satisfy the requirement. Instead, the minimum average balance is determined by dividing the average balance in the account at the end of each month by the total number of days.
Customers who want to open a zero-balance account can get in touch with any of the banks listed below, which provide the best and most advantageous zero-balance accounts in the nation.
The Finance Minister announced an update on debit card transactions as part of the economic measures in response to the Covid-19 pandemic. These updates are as follows:
- Debit card holders can now withdraw cash from ATMs of any bank anywhere in the country, without incurring any additional transaction charges, for the next 3 months.
- Bank accounts will not charge any penalty for non-maintenance of the minimum balance requirement for the next 3 months.
- There will be a reduction in bank charges for digital trade transactions.
Register Now
