|UBI Savings Account||Details|
|Minimum Balance Requirement||Zero-balance for several accounts With a cheque book, it is Rs. 500 Without cheque book, it is Rs. 50 for rural branches and Rs. 100 with metro/urban/semi-urban|
|Interest Rate||3.00% to 3.50%|
Can I open zero balance account in United Bank of India?
Resident individuals above 18 years can open online zero balance account with UBI. However, basic savings account can be opened by individuals, joint account holders and Hindu Undivided Family.
What is minimum balance in saving account in Bank of India?
Most of the savings accounts with the Bank of India offer zero minimum balance facility. In some cases, a monthly balance of Rs. 500 needs to be maintained.
What is the minimum amount for saving account?
The minimum average monthly balance requirement is Rs. 10,000 for metro cities, Rs. 5,000 for semi-urban cities and Rs. 2,500 for rural cities.
Which bank account is best in India?
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.
Which bank is low minimum balance?
List of All Banks Savings Account Interest Rates and Minimum Balance 2021
|List of Savings Account Banks||Minimum Balance Required(INR)||Savings Account Interest Rates (p.a.)|
|ICICI Bank||0/1000/2000/2500/5000/10000||3.00% – 3.50%|
|IDBI Bank||500/2500/5000||3.30% – 3.80%|
|IDFC Bank||25000||6.00% – 7.00%|
Which digital bank is best in India?
Top Digital Savings Bank Accounts in India
- SBI Digital Savings Account.
- Kotak Mahindra 811 Digital Savings Account.
- Axis Bank Digital Savings Account.
- DBS Digital Savings Bank Account.
- YES BANK Digital Savings Account.
- HDFC Bank Digital Savings Account.
- RBL Bank Digital Savings Account.
Can I open bank account without PAN card 2020?
The Reserve Bank of India (RBI) has made Aadhaar and PAN cards mandatory for opening bank accounts. The RBI said the updated know-your-customer (KYC) requirement was subject to the Supreme Court’s final judgment on Aadhaar, for which the hearing is under way.
Which bank has zero balance?
Latest Interest Rate for Zero Balance Savings Account
|Bank||Name of zero-balance savings account||Interest rate|
|Kotak Mahindra Bank||811||4% to 6%|
|Standard Chartered Bank||Basic Banking Account||0.5% to 4.90%|
|HDFC Bank||Basic Savings Bank Deposit Account||3.50% to 4%|
|Axis Bank||Basic Savings Account||3.50% to 4%|
What is minimum balance in SBI?
In March this year, SBI had announced that it will waive charges for non-maintenance of average monthly balance (AMB) for all savings bank accounts. Earlier, SBI savings bank customers had to maintain average monthly balance of ₹3000, ₹2000 and ₹1000 in metro, semi urban and rural areas respectively.
What is the minimum balance in Icici Bank?
|Available to||All Cities|
|Eligibility||Resident Indian, >18yrs|
|Minimum monthly average balance||Metro and Urban locations – Rs.10,000, Semi-urban locations – Rs.5,000, Rural locations – Rs.2,000|
|Charges for non maintenance of minimum monthly average balance||Rs.750 per quarter|
Which bank FD is best?
Top 15 Banks and Their Interest Rates
|Bank List||For Regular Customers (% p.a.)||For Senior Citizens (% p.a.)|
|ICICI Bank||2.50% – 5.35%||3.00% – 5.85%|
|State Bank of India||2.90% – 5.40%||3.40% – 6.20%|
|Axis Bank||2.50% – 5.75%||2.50% – 6.50%|
|Punjab National Bank||3.00% – 5.30%||3.50% – 5.80%|
Which bank is best for salary account?
The following is the list of the best bank to open salary account in India:
- HDFC Regular Salary Account.
- Axis Bank Prime Salary Account.
- SBI Corporate Salary Package.
- Kotak Platina Salary Account.
- Citibank Suvidha Salary Account.
Is HDFC zero balance account available?
HDFC Bank, India’s second-largest bank, provides the facility of zero balance savings account with which the individuals can avail the basic banking facilities under several restrictions. … HDFC Bank provides a Rupay ATM-cum-debit card to all the account holders of zero balance savings bank account.