Get up to 7%* p.a. with ActivMoney, A zero balance savings account is a bank account that does not require customers to maintain any minimum balance whatsoever. However, they can access all banking services and enjoy added benefits.
Opening a Zero Balance Savings Account in 3 Minutes
Say goodbye to low interest! Get up to 7%* interest p.a. in your savings account with Kotak811’s ActivMoney! Simply get started by opening your digital savings account and sign-up for ActivMoney. The future of digital banking is here, so what are you waiting for? Open your Kotak811 Savings Account today.
Fee & Charges Of Zero Balance Savings Account
- Account Opening – Free
- Non-maintenance – No charge
- Average Monthly Balance – Zero
- Debit card virtual – free
- Funds Transfer – NEFT / RTGS (Nil Charges) / IMPS (Through Internet & Mobile Banking)
- Annual Fee – Nil
- Physical Debit Card – ₹299
- Image Debit Card – A onetime image fee of ₹235 and an annual fee of ₹299 inclusive of all taxes.
- Card Replacement Fee – ₹299
- Foreign Exchange Mark-up – Fee 3.5%
- ATM Charges (after free transactions)
- For Financial Transactions: Rs.21
- For Non-Financial Transactions: Rs.8.50 on domestic ATMs of other banks
Eligibility Criteria For Zero Balance Savings Account
- Citizen of India
- Aged 18 and above
- Aadhaar and Pan Card
Can i open a zero balance savings account online?
Kotak811 Zero Balance Savings Accounts can be opened in under 3 minutes online click to Open .
Open your kotak saving account earn interest from running saving balance.
DBS bank account opening
DBS bank also same as Kotak 811 saving account , if you want to know more about DBS click here