Looking for a convenient and affordable way to bank? IDFC Bank Zero Balance Account Opening Online today! No minimum balance requirement, free and unlimited ATM transactions, free online and mobile banking, and high-interest rates. Learn more and open your account today.
Introduction of IDFC Bank Zero Balance Account Opening Online
A zero balance account is a type of bank account that does not require you to maintain a minimum balance. This means that you can open an account with zero rupees in it, and you will not be charged any fees for maintaining a low balance.
There are many benefits to opening a zero balance account. First, it is a great way to build your credit history. When you make regular deposits and withdrawals from your account, it shows lenders that you are responsible with your finances. This can help you qualify for loans and other forms of credit in the future.
Second, zero balance accounts often offer free ATM transactions. This can save you a lot of money, especially if you use your ATM card frequently.
Third, many zero balance accounts offer free online and mobile banking. This allows you to manage your account from anywhere, 24/7.
How to IDFC Bank Zero Balance Account Opening Online
Opening a zero balance account with IDFC Bank is easy and can be done entirely online. Here are the steps involved:
- Gather your documents. You will need to provide your PAN card, Aadhaar card, and a recent passport-size photograph.
- Create an account on the IDFC Bank website. You can do this by providing your personal information and contact details.
- Complete your video KYC. This is a process that verifies your identity and address. You can do this by video calling an IDFC Bank representative.
- Fund your account. You can fund your account by transferring money from another bank account or by depositing cash at an IDFC Bank ATM.
How to open a zero balance account with IDFC Bank online
- Step 1: Gather your documents
- Step 2: Create an account on the IDFC Bank website
- Step 3: Complete your video KYC
- Step 4: Fund your account
Features of IDFC Bank Zero Balance Account Opening Online
IDFC Bank’s zero balance account offers a number of features, including:
- Free and unlimited ATM transactions
- Free online banking and mobile banking
- Free SMS alerts
- High interest rate
Fees and Charges of IDFC Bank Zero Balance Account Opening Online:
- Account opening fee: Nil
- Minimum balance requirement: Nil
- ATM withdrawal charges:
- Free at IDFC FIRST Bank ATMs
- Rs.15 per withdrawal at other bank ATMs (25 free withdrawals per month)
- NEFT/IMPS/RTGS charges: Nil
- Chequebook charges:Â Rs.50 per book
- Interest rate: 4% and above
Other charges:
- Overdraft charges: 24% p.a.
- Standing instruction charges: Rs.25 per instruction
- Cheque return charges:Â Rs.100 per return
FAQs of IDFC Bank Zero Balance Account Opening Online
- Can I open a zero balance account if I don’t have a PAN card?
Yes, you can open a zero balance account with IDFC Bank if you don’t have a PAN card. However, you will need to provide another form of identification, such as your Aadhaar card or passport.
- What are the minimum age requirements for opening a zero balance account?
The minimum age requirement for opening a zero balance account with IDFC Bank is 18 years.
- What are the documents I need to open a zero balance account?
The documents you need to open a zero balance account with IDFC Bank are:
- PAN card
- Aadhaar card
- Passport-size photograph
Conclusion of IDFC Bank Zero Balance Account Opening Online
Opening a zero balance account with IDFC Bank is a great way to build your credit history, save money on ATM fees, and manage your finances online. If you are looking for a convenient and affordable way to bank, IDFC Bank’s zero balance account is a great option.
I hope this article has been helpful. If you have any further questions, please feel free to contact me.