In 2022, if you are looking to open a zero balance savings account online, there are multitude of options to choose from. In today’s market, neobanks and traditional banks are offering accounts at zero maintenance balance, that too with a complete online journey.
To open or maintain a zero balance savings account, you don’t have to pay any charges or keep a minimum monthly balance in the account. The bank will ask you to share some details before opening a digital zero balance savings account. Post account application you have to complete your KYC. The digital savings account is a paperless process, and bank pay’s interest on saving balance.
It is easy to open a savings account online. You may visit the bank’s website or download the bank app. Next, you will be asked to share some basic information. The entered data will be validated at the bank’s end.
After validation, you have to complete the KYC through online or offline channels. Either book an appointment with a bank official to complete video KYC from the comfort of your home or visit the nearest branch to submit the KYC documents.
Zero balance savings accounts are laden with essential and add on banking features, which will help you to carry out all banking requirements smoothly.
Some of the key banks offering zero balance savings account are listed below for your convenience:
Don’t wait, go get your digital savings account today.
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