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Q.

Does HDFC Bank have Zero Balance Account?

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10 months

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0 2024-07-18T08:44:09+00:00

Let me give you a detailed answer for your query: does HDFC have Zero Balance account? The answer is yes. HDFC provides Zero Balance accounts also known as Basic Savings accounts. As the name itself suggests, you do not need to maintain any minimum balance for this account but can enjoy all the benefits of having an account.

Does HDFC Bank Have Zero Balance Account?

HDFC provides Zero Balance accounts to its customers wherein you can deposit your savings. Usually, banks ask customers to maintain a minimum balance in their account, but there is no such rule in a Zero Balance account. Here are the benefits you can enjoy with such an account:

  • You do not need to maintain any minimum balance

  • You can use this bank account for easy online transactions via various net banking facility

  • You can check bank statements, send and receive money in such accounts

But yes, they also come with some restrictions like:

  • You will get to enjoy a limited number of transactions per month

  • You can have only one Zero Balance account in one bank

So this is how you can open and make use of your Zero Balance account in HDFC. 

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