ICICI Bank provides a hassle-free banking solution with different types of savings accounts that cater to various individuals’ needs. One such savings account is the ICICI zero balance savings account, which is ideal for individuals seeking to open a new bank account without the obligation of maintaining a minimum balance.
ICICI Bank zero balance account offers convenient features and benefits, enabling you to enjoy seamless banking services without any initial deposit requirement. This article covers more about the ICICI zero balance account, its features, benefits and other crucial details.
ICICI Bank offers a zero-balance account for individuals who want to open a new bank account without maintaining a minimum average balance. Basic Savings Bank Deposit Account (BSBDA) is a zero-balance savings account offered by the ICICI Bank. This is a basic savings account designed to promote financial inclusion.
The following are the features and benefits of opening an ICICI zero balance account:
To open a zero balance savings account in ICICI Bank, you need to meet the following eligibility criteria:
Here is a list of documents required for a zero-balance account in ICICI Bank:
Here is a process to easily open an ICICI Bank zero balance account online:
Step 1: Make a physical visit to the nearest ICICI bank branch.
Step 2: From the bank representatives, take the account opening application form for opening a savings account and fill it out with the required details.
Step 3: Submit the application form and documents to the bank representatives.
Step 4: The bank officials will verify the application and open the account.
The ICICI zero balance account caters to the financial needs of individuals who value flexibility and accessibility in their banking experience. With no minimum balance requirements and a straightforward online application process, it provides a convenient way to establish a new banking relationship.
You can enjoy a range of features with the ICICI BSBDA, from free Rupay Debit Cards to the convenience of online banking services.
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ICICI Bank offers a hassle-free zero balance savings account ideal for individuals seeking to open an account without maintaining a minimum balance. Features free Rupay Debit Card, no initial deposit, free passbook, and more. Eligibility criteria include being an Indian citizen, over 18, and not having an existing BSBDA. Required documents are proof of identity, proof of address, completed forms, and photos. Online account opening involves visiting the nearest branch and submitting necessary documents for verification.