Which bank is best for facility?

811 is a zero balance savings account that you can open online through your mobile or laptop. You can complete the KYC through a video call in a single go. Your account will be activated within a few steps. You will get 4\% interest rate on your savings account which more than banks like SBI, HDFC, ICICI.

Which is the best bank for opening an account?

Top Banks that have the Best Savings Account for Individuals

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

What is a zero balance savings account?

As the name suggests, in a zero balance saving account, customers are not required to maintain any minimum average balance, unlike a normal bank account. From state-run State Bank of India (SBI) to ICICI and HDFC Bank all banks offer the option of opening a zero balance savings account these days.

Which bank in India provides zero balance account facility?

State Bank of India’s most popular and leading bank. SBI provides Zero Balance Account facility by a product called as Basic Saving Basic Deposit account. This is one of the most popular products of SBI. You can open BSBD account at SBI without keeping any money in the account. You need not to pay any penalty for this.

What is the interest rate of zero balance account in HDFC?

For a zero balance account, HDFC Bank offers an interest rate at 3.5 per cent for an amount up to Rs 50 lakh, and 4 per cent for Rs 50 lakh and above. Similar to other banks, with the basic savings bank deposit account, you can open a zero balance account.

What is the maximum balance in RBL zero balance savings account?

RBL Bank Zero Balance Savings Account RBL Bank is one of the popular private banks that zero balance savings account to individuals. And when it comes to the maximum balance, there is no limit fixed by the lender.