5 super free features hidden in zero balance account! Even if you run out of money, withdraw Rs 10,000, no one will stop you!

Suddenly needing money is a daily occurrence. Sometimes the balance in the account becomes zero and even asking for help from friends and relatives seems difficult. In such a situation, zero balance account can become your best friend. This account not only provides instant cash in case of emergency, but also brings with it a lot of free banking services.

What is a zero balance account?

This is a simple savings account, to open which there is no need to deposit even a single penny. There is no time limit for running it and no upper limit for keeping money. Especially low earning people, students, elderly and beneficiaries of government schemes are perfect for this.

Who can open this amazing account?

Any Indian citizen who completes KYC and shows passport, PAN card, Aadhar card or other required documents can easily open an account. This is a game-changer for those who are trying banking for the first time or have low income.

5 amazing benefits of zero balance account

Free Debit Card – You will get a basic debit card with the account, that too without any annual charge! Overdraft facility – Even if the balance is zero, withdraw up to Rs 10,000 from the ATM, no problem. Withdrawal of money from Aadhaar – You can withdraw cash only by showing Aadhaar card. Free Internet and Mobile Banking – Use all the digital services of the bank for free. Checkbook facility – According to RBI rules, a checkbook with at least 25 pages will be available for free in a year.

What happens if the account is not used?

If there is no movement in the account for two years, it will become dormant. To reactivate it, necessary papers will have to be submitted to the bank.

Zero balance account not only provides money in emergency but also makes banking easy and safe with free services. This is the perfect choice for students, elderly, low-income earners and government scheme beneficiaries. This provides financial security and also allows you to enjoy digital-offline banking without any tension. With this account, daily financial needs are met without any extra charges and in case of emergency, you have instant cash in hand!