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  2. Jun 4, 2024 · SBI Zero Balance Account Rules. To open a zero balance account in SBI, individuals must complete the KYC verification process. Apart from this, here are the rules SBI account holders must meet while they have a zero-balance account with the bank:

  3. Saving Bank Account - Open an online saving bank account with SBI. Get mobile & internet banking features with SMS alerts. Bank anywhere using the YONO app.

    • SBI Zero Balance Account: Features
    • SBI Zero Balance Account: 10 Things You Must Know
    • SBI Zero Balance Account: Other SBI Zero Balance Savings Account
    • SBI Zero Balance Account: Most Important Terms & Conditions
    Available at all branches
    Minimum balance amount Nil
    Maximum balance /amount No upper limit
    No Cheque Book facility available.

    1. SBI BSBD account can be opened by all individuals having valid KYC documents. 2.SBI zero balance savings account can be opened singly, jointly, or with either or survivor. 3. The Monthly Average Balance (MAB) to be maintained is zero in SBI zero balance account. 4. SBI offers the same interest rate on zero balance accounts as on regular savings ...

    State Bank of India (SBI) also offers "Pehla Kadam" and "Pehli Udaan" zero balance savings account for minors. One also does not need to maintain Monthly Average Balance (MAB) in these accounts. Apart from these, SBI also offers a zero balance savings account, which can be opened by customers even without having KYC documents. SBI's Basic Savings B...

    The Customer can only open one BSBD account in a bank if he/she has a Basic Savings Bank Deposit Account. If the customer already has a Savings Bank Account, the same will have to be closed within 30 days of opening a Basic Savings Bank Deposit Account. Maximum 4 withdrawals in a month, including ATM withdrawals at own and other Bank's ATMs and tra...

  4. Features. Customer will be required to maintain minimum balance as defined for normal Savings Bank Account. Maximum balance in the account can be Rs. 1.00 lakh only. Total credit summations in a year allowed for the account is Rs 2.00 Lacs. Can be opened through the YONO by SBI App/ https://www.sbiyono.sbi portal.

  5. Jan 6, 2020 · 1) SBI BSBD account can be opened by all individuals having valid know-your-customer (KYC) documents. 2) SBI zero balance savings account can be opened singly, jointly, or with either or...

    • Sangeeta Ojha
  6. Apr 16, 2021 · SBI zero balance savings account allows a maximum of 4 cash withdrawals free of cost in a month, including ATM withdrawals at own and other bank's ATMs. SBI zero balance savings...

  7. Jan 7, 2020 · Here is everything you need to know about SBI zero balance savings account: 1. SBI BSBD account can be opened by all individuals having valid know-your-customer (KYC) documents. 2. SBI zero balance savings account can be opened singly, jointly, or with either or survivor. 3. The minimum balance amount to be maintained is zero. 4. SBI offers the ...