Zero Balance Digital Current Account

[tuhin]

Is there any bank in India which is providing Zero Maintaining Balance Current Account which can be opened through Digitally & having free debit card & free sms alert facilities?

Thanks

 

[cardy]

No there's none

 

[techprince]

Is there any bank in India which is providing Zero Maintaining Balance Current Account which can be opened through Digitally & having free debit card & free sms alert facilities?

Thanks

You have to choose one, either keep MAB then you will get free debit + SMS or be ready to pay for both if you dont want to keep MAB. Zero Balance current accounts are provided by Kotak, BOB, IDFC, IndusInd, Yes and AU.

 

[tuhin]

You have to choose one, either keep MAB then you will get free debit + SMS or be ready to pay for both if you dont want to keep MAB. Zero Balance current accounts are provided by Kotak, BOB, IDFC, IndusInd, Yes and AU.

If I select ZERO MAB then which is the best one, basic purpose is for taking UPI payments. I was going through BOB LITE Current Account, how is it? Do they provide virtual dc on BOB WORLD for this variant?

 

[Rajshikhar]

If you are okay with debit card fee then go with yes bank.

 

[abhiaj_geek]

kotak 811 ac

 

[techprince]

If I select ZERO MAB then which is the best one, basic purpose is for taking UPI payments. I was going through BOB LITE Current Account, how is it? Do they provide virtual dc on BOB WORLD for this variant?

Easiest to open of all i mentioned. You get a physical DC. You can block that and apply for a virtual DC. BUT all transactions are chargeable, including NEFT and RTGS.

For taking UPI Payments, check UPI Top 50 Member Beneficiary Performance in the link : https://www.npci.org.in/what-we-do/upi/upi-ecosystem-statistics
Match the bank names i provided with the lowest TD% and go for that one.