look news india
Bank Account: To ensure that every person in the country has a bank account, the Government of India started the PM Jan Dhan Yojana. PM Jan Dhan Yojana has completed 10 years. Under this scheme, people can easily open a zero balance account.
Bank accounts opened under the PM Jan Dhan Yojana, i.e. Jan Dhan accounts, offer many other facilities along with zero balance.
SBI account is also like Jan Dhan account. In this account also, the customer gets the facility of zero balance like Jan Dhan account. We will tell you about SBI's zero balance account.
SBI account like Jan Dhan account
Zero balance facility is available in this SBI account. This SBI account is also called Basic Savings Bank Deposit Account (BSBDA).
Any person can easily open this account. To open an account, the customer has to fulfill the KYC conditions. To fulfill the KYC conditions, you must have a PAN card and Aadhaar card.
The facility of joint savings account is also available in this account. For example, both husband and wife can open this joint account. You must have all the required documents to open the account.
Benefits of SBI Zero Balance Account
In this, you do not need to maintain a minimum balance in the account. There is no penalty even if the balance is less than this.
You can keep a maximum amount of money in the account. The bank has not set any limit on the maximum balance.
In this account, the account holder gets the facility of passbook, basic Rupay ATM-cum-debit card, mobile and internet banking. Please note that free chequebook is not available in this.
Like a normal bank account, you can withdraw money using your Aadhaar card. Apart from this, there is also a facility to make payment through UPI.
If the account holder closes the account, he will not have to pay any charge. That is, there will be no fee for closing the account.
keep these things in mind
You can open a zero balance account only if you do not have any other savings account. If you already have a savings account but want to open a zero balance account, you must close the savings account within 30 days.