Hot Deal Zero Balance Bank account opening ONLINE

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Deal Subedar
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Please list/suggest out all the banks where I can open a Zero balance account online. (Payments banks excluded)

One I know from DD is Indusind bank account.

1. Indusind
(20000 initial funding required, later can transfer it. 249 pa charges for titanium card)

2. SBI
(only first year, its temporary)

3. Kotak 811

4. NSDL Jiffy

Although its a payments bank but provides rupay platinum debit card which is useful for amazon add money offer

5. ICICI
10000 FD for at least 12 months required.)

6. AXIS offline
Axis Basic Savings Account

7. Federal bank selfie account
300+taxes for debit card

List will be updated accordingly.

This will help dimers to open account and avail most of the online bank offers.

104 Comments  |  
28 Dimers
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Deal Subedar
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SBI dbs personally opened blush

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S..815 wrote:

SBI dbs personally opened blush

Dbs has introduced MAB of 5k applicable since 1st October 2020. So DBS not considered.

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Deal Subedar
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RunZone wrote:

Dbs has introduced MAB of 5k applicable since 1st October 2020. So DBS not considered.

Wait… SBI doesn’t have MAB???
I won’t trust SBI.

Go for Kotak 811.

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RunZone wrote:

Dbs has introduced MAB of 5k applicable since 1st October 2020. So DBS not considered.

As your wish smile mine is 2years old & geeting salary in it. contacted cc they said I don’t have to maintain coz of corp. Sal. Bla bla…

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B3A5T wrote:

Wait… SBI doesn’t have MAB???
I won’t trust SBI.

Go for Kotak 811.

No, they removed MAB during lockdown.

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S..815 wrote:

SBI dbs personally opened blush

Bro are u sure SBI account is zero balance account? @B3A5T

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B3A5T wrote:

Wait… SBI doesn’t have MAB???
I won’t trust SBI.

Go for Kotak 811.

Yep. 1st year no min. Bal req. Baad ka kisne dekha smile

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S..815 wrote:

As your wish smile mine is 2years old & geeting salary in it. contacted cc they said I don’t have to maintain coz of corp. Sal. Bla bla…

Salary accounts in all major banks are zero balance account.

I have one with HDFC and its zero balance.

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RunZone wrote:

Salary accounts in all major banks are zero balance account.

Oh! Aren’t aware of.. mine account is old job after that 🤭 my elder bro maintaining bal in kotak sal account don’t know why just in fear of charges & best part he isn’t using any kotak service he’s primary account is with corporation bank & last sal in kotak since years don’t know why  neutral_face

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1. Paytm payments bank
2. ICICI insta save FD account (Nil MAB for 10k FD)
3. HDFC insta save account (no MAB for 1 year – only NetBanking and mobile banking allowed)
4 Airtel payments Bank

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Pro Entertainer
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smz wrote:

1. Paytm payments bank
2. ICICI insta save FD account (Nil MAB for 10k FD)
3. HDFC insta save account (no MAB for 1 year – only NetBanking and mobile banking allowed)
4 Airtel payments Bank

Video kyc possible for HDFC?

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Tejaa wrote:

Video kyc possible for HDFC?

Yes bro . That will convert the insta save account to a regular account with MAB requirements.

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RunZone wrote:

Dbs has introduced MAB of 5k applicable since 1st October 2020. So DBS not considered.

I did not new indusind bank offers 0 balance act for their customers hushed
Can you please post some more insights on this.
#TIA
#ApkaApnaJJ smile

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Deal Subedar
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mrKool_JJ wrote:

I did not new indusind bank offers 0 balance act for their customers hushed
Can you please post some more insights on this.
#TIA
#ApkaApnaJJ smile

Open Savings Account with IndusInd Bank- New Online Zero Balance Bank Account – Hot Deals – Online Forum at DesiDime – https://www.desidime.com/deals/open-savings-acc...

See this thread

But has 1200+ debit card charges

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Deal Subedar
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smz wrote:

1. Paytm payments bank
2. ICICI insta save FD account (Nil MAB for 10k FD)
3. HDFC insta save account (no MAB for 1 year – only NetBanking and mobile banking allowed)
4 Airtel payments Bank

I am not considering payments banks because thay have no offers in sale on amazon/ flipkart

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Deal Major
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ICICI Pockets (Users belonging to 18 to 25 years) // Video KYC will be there //
IDFC Niyo is a good option too but its no longer Zero-Balance i guess

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Deal Cadet
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does SBI allow opening account online??
Last I checked/tried (in month on July) Branch visit was mandatory

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getready wrote:

ICICI Pockets (Users belonging to 18 to 25 years) // Video KYC will be there //
IDFC Niyo is a good option too but its no longer Zero-Balance i guess

I think ICICI pockets savings account opening was closed a couple of years ago. Though it’s still showing on their website. I had confirmed with CC, they had told that account opening is closed

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Sudarshan61 wrote:

does SBI allow opening account online??
Last I checked/tried (in month on July) Branch visit was mandatory

I beleive all accounts opened online require video KYC/ Biometric KYC at home / branch visit for full KYC. It’s just that which bank offers which options for full KYC.

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RunZone wrote:

Open Savings Account with IndusInd Bank- New Online Zero Balance Bank Account – Hot Deals – Online Forum at DesiDime – https://www.desidime.com/deals/open-savings-acc...

See this thread

But has 1200+ debit card charges

IndusInd also has zero balance account. It requires only high initial funding with 249 rs debit card. You may check here :- https://www.indusind.com/in/en/personal/account...

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smz wrote:

I beleive all accounts opened online require video KYC/ Biometric KYC at home / branch visit for full KYC. It’s just that which bank offers which options for full KYC.

Nopes. Video KYC is equivalent to full KYC. Branch visit is no longer needed post Video KYC

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Sudarshan61 wrote:

Nopes. Video KYC is full KYC. Branch visit is no longer needed post Video KYC

I also meant the same thing. All three (video kyc/biometric kyc at home/biometric kyc at Bank) are a form of full kyc. Any one is required.

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RunZone wrote:

Initially we need to invest 20000, later it will be zero balance?

It’s just High initial funding bro for account opening. Later u can transfer it. But debit card charges are compulsory. You may refer to “schedule of charges” in the same web link

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smz wrote:

1. Paytm payments bank
2. ICICI insta save FD account (Nil MAB for 10k FD)
3. HDFC insta save account (no MAB for 1 year – only NetBanking and mobile banking allowed)
4 Airtel payments Bank

2. Can we take secured cc against that 10k fd in case of Icici Insta Save fd acc?

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BubbleBoyChickenLittle wrote:

2. Can we take secured cc against that 10k fd in case of Icici Insta Save fd acc?

Yes. Secured CC is provided.

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smz wrote:

Yes. Secured CC is provided.

And no MAB requirement? Any branch visit required for completing kyc?

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