Can I get passbook for zero balance account?

With a zero-balance savings account, most of the banks offer a free ATM-cum-debit card, passbook and cheque book. Also, facilities like internet and mobile banking are offered by several banks.

How do I get passbook?

To get a new bank passbook in SBI, the customer has to write an application letter to the branch manager requesting a new passbook. Carry your identity proof document and the application letter, visit your home branch, and submit the application letter to the branch manager. The customer has to pay a charge of Rs.

Do you need a passbook?

A passbook savings account is considered a “safer option” by many because it isn’t exposed to risks like debit card fraud or ATM skimming. If you need it updated, you simply have to go to the bank and the teller updates it for you.

Does SBI zero balance account have passbook?

SBI’s zero balance account: The BSBD account comes with a free debit-cum-ATM card and a passbook without any charge, according to SBI. Zero balance account in SBI: BSBD account can be opened by any individual by taking up KYC verification.

What are the documents required for zero balance account?

The documents required to open an account are as follows: Identity Proof- Aadhaar Card/Voter ID Card/PAN Card/Driving License. Address Proof- Aadhaar Card/Voter ID Card/Driving License.

Do banks still give passbook?

Passbook savings accounts still exist, but they are offered by relatively few banks and are rarely promoted even where they remain an option. Nonetheless, some banks and credit unions still offer passbook accounts as an option to their customers.

Is SBI bank open zero balance account?

SBI zero balance savings account: At the time of opening the account, there is no need for a minimum balance. Without any fees, customers are provided with an ATM-cum-debit card. Deposit and withdrawal services are free of cost. For non-operation or activation of an inoperative account, the bank cannot levy charges.