Do South Indian Bank have zero balance account?

Regular Savings Account: This is a zero balance account which provides 4 free transactions per month along with NEFT and RTGS facility.

Which banks are providing zero balance account?

List of Banks Providing Zero Balance Savings Account

  • State Bank of India (SBI) Zero Balance Savings Account.
  • RBL Bank Zero Balance Savings Account.
  • HDFC Bank Zero Balance Savings Account.
  • IndusInd Bank Zero Balance Savings Account.
  • Bank of Baroda Zero Balance Savings Account.
  • Kotak Mahindra Zero Balance Savings Account.

Can I open zero balance account in Indian bank?

Indian Bank zero account opening can be done by filling up the account opening form that can be downloaded. One can fill the form and submit it with the attested identification, address proof and few passport-sized photos.

What is the minimum balance for current account in South Indian Bank?

Trader Smart Current Account (TSCA)

FEATURES / SERVICE CHARGES ( excluding service tax)
Sl No Particulars
1 Monthly Average Minimum Balance Metro &Urban Rs.50,000/-
2 Charges for Non Maintenance of Minimum Balance Rs.500 per month
3 Ordinary/ABB cheque leaves 100 leaves FREE per month. Rs.3/- per leaf above FREE limit.
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Which bank has no minimum balance?

Latest Interest Rate for Zero Balance Savings Account

Bank Name of zero-balance savings account Interest rate
Kotak Mahindra Bank 811 4% to 6%
Standard Chartered Bank Basic Banking Account 0.5% to 4.90%
HDFC Bank Basic Savings Bank Deposit Account 3.50% to 4%
Axis Bank Basic Savings Account 3.50% to 4%

Is HDFC zero balance account available?

HDFC Bank, India’s second-largest bank, provides the facility of zero balance savings account with which the individuals can avail the basic banking facilities under several restrictions. … HDFC Bank provides a Rupay ATM-cum-debit card to all the account holders of zero balance savings bank account.

Who is the No 1 bank in India?

1. HDFC Bank

Type Private Company
Area served India
Products Banking
Asset ₹1,189,432 crore (US$170 billion) (2019)
Number of Branches 5,314 (30th September 2019)

What is the minimum balance in Indian Bank 2021?

List of All Banks Savings Account Interest Rates and Minimum Balance 2021

List of Savings Account Banks Minimum Balance Required(INR) Savings Account Interest Rates (p.a.)
Indian Bank 250/500/1000 3.00%
Indian Overseas Bank 500-1000 3.25% – 3.50%
IndusInd Bank 0/10000/25000/2500000 4.00% – 6.00%
Jammu & Kashmir Bank 0/500/1000 3.00%

Which bank account is best in India?

The savings bank account offered by Kotak Mahindra Bank is appropriate for those who want a higher interest account with zero balance facility. The 811 Edge account of Kotak is one of the best savings accounts that this bank has offered.

What is minimum balance in HDFC Bank?

For regular savings accounts held in HDFC Bank’s metro and urban branches, the customer is required to maintain an average monthly balance of ₹ 10,000 to avoid penalty charges, according to the lender’s website – hdfcbank.com. In semi-urban branches, an average of ₹ 5,000 is required.

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What banks have no monthly 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.

How many bank accounts can a person have?

While there’s no limit to how many Savings Accounts you can have, there are a few things to consider before signing up for more than one. According to financial experts, it isn’t advisable to open more than three Savings Accounts, as it can be difficult to manage.