Zero Balance Savings Account - Benefits & Documents Required

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The Government had introduced the Zero Balance Savings Account to facilitate financial inclusion across the country. Read to know about what is zero balance savings account, benefits of this account and documents required to open a zero balance savings account. Visit Edelweiss to gain more such financial insights - https://www.edelweiss.in/insight?utm_source=platform-authorstream-offpage&utm_medium=free&utm_campaign=2903

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All About Zero Balance Savings Account:

All About Zero Balance Savings Account Zero Saving Account under  Pradhan Mantri Jan Dhan Yojana ( PMJDY) The program was initiated by the Government to facilitate financial inclusion across the country.

Documents required to open a Zero Balance Savings Account:

Documents required to open a Zero Balance Savings Account Photo ID Proof Address Proof Self Attested Photograph Eligibility Criteria: Indian Residents above the age of 18 years only.

Benefits of Zero Balance Savings Account:

Benefits of Zero Balance Savings Account

5 important things you need to know about Zero Balance Savings Account:

5 important things you need to know about Zero Balance Savings Account No Penalties Can Use Internet Banking Free ATM Card (Global transactions) & Cheque Book Account Is Dormant = No ATM, internet, and mobile banking transactions. (Reactivation required) Account Holders can operate personally, jointly or with either or survivor, former or survivor, etc. Rate Of Interest similar to regular savings account

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