chandra.prakash
TF Premier
Which is the best zero balance account, also provide physical debit. I want to open a account
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Best zero balance account
- Thread starter chandra.prakash
- Start date
Having a branch nearby doesn't necessarily mean serviceability of 0 balance AU account.
Been using Kotak 811 and I do agree with most of it's praise given by others.
I mean a digital account shouldn't really need a branch to begin with. Although it's named a digital savings account it does pretty much function like a normal savings account from what I know so far.
blacktiger
TF Premier
did u try this https://vkyc.federalbank.co.in/VKYC/GetMobileNumber
metal_heart
TF Premier
Is there any account, which is zero balance aswell as zero debit card charges (or only virtual DB card or ATM card only).
Need a account to keep minimum money & link for daily upi transaction
Need proper bank & not NEO banks;
Need a account to keep minimum money & link for daily upi transaction
Need proper bank & not NEO banks;
blacktiger
TF Premier
bob and indus both has virtual debit card options
Kotak 811
I use kotak 811 with just virtual debit card. 0 charges. I was given a ltf kotak credit card too after a while.. been using it for close to 4 years now.
metal_heart
TF Premier
Any other charges, I need to be aware of which they put. Is MAB zero ?
MAB is zero. Although agents will try to push you towards 10k min balance account you just state that you need the simple account only. Only dont order the physical card so that it remains free too.
chandra.prakash
TF Premier
In future if i want to close the Au bank account then where to request
Well, branch won't be a problem, and most of my big transactions happen through SBI anyways so I'm not that concerned.
PS - just received a call from AU telling me to do KYC again as the previous one was unsuccessful, as I don't have my Original PAN card with me right now I told them it won't be possible for atleast a month, they said we will call you after a month then. Let's see if they actually do.
PS - just received a call from AU telling me to do KYC again as the previous one was unsuccessful, as I don't have my Original PAN card with me right now I told them it won't be possible for atleast a month, they said we will call you after a month then. Let's see if they actually do.
chandra.prakash
TF Premier
I think if account open with vkyc then no need to do kyc after a year
Chaitanya-a
TF Prestige
That's what I'm saying. But since his Vkyc wasn't successful (because of PAN) hence he has one year to complete that.
anonymuos
TF Ace
Union Bank has Union Digital Savings Account (UDSA): https://www.unionbankofindia.co.in/english/saving-account.aspx which is 0 balance and can be opened online. Debit card charges waived off if doing 40 transactions with the debit card in a year. You can apply for a RuPay Platinum debit card too.
anonymuos
TF Ace
Can you use only a virtual debit card with FedBook selfie account and not a physical debit card?
Sevendar@01
TF Premier
Did they charge for sms , cheque Book and imps and what is limit for upi transaction in 811 account as I also thinking to open it
anonymuos
TF Ace
No SMS charges if you opt out of them in Kotak net banking (I think there's a setting somewhere). I was never charged any SMS charges. Cheque book I didn't take - yes there are charges ₹3 per cheque leaf: https://www.kotak.com/en/personal-b...digital-savings-account/fees-and-charges.html - only available if you complete full KYC. No limits as such on UPI separately for 811 account - daily and transaction limit is 100000 as per Google: https://support.google.com/pay/india/answer/9616021?hl=en
crazyuploader
TF Premier
Could you shed some light on RuPay Platinum Card benefits? I am holding SBI SimplySAVE RuPay variant but I don't really know what're the benefits it comes with
What about opening account physically by visiting branch?
As per AU bank website, these are some of the benefits they offer:
- Air Personal Accident Cover: Get an air accident cover of INR 5,00,000 on your RuPay Platinum Debit Card if the bank is informed within 30 days of such incident.
- Personal Accident Cover: Get a personal accident insurance cover of INR 2,00,000 if the bank is informed within 30 days of such an incident.
- Card Liability Cover^: Our Platinum Debit Card comes with a Liability Cover. In case of fraudulent transactions, your cover will help to recover the loss up to INR 2,00,000.
- Purchase Protection*: RuPay Platinum Debit Card comes with purchase protection benefits up to INR 10,000. This means that if the goods purchased within 90 days are destroyed due to fire or even stolen, you can claim damages.
- Airport lounge access: Make travel more comfortable with 8 complimentary domestic airport lounge access per year.
- Extensive offers: With the RuPay Platinum Debit Card, you can get lucrative offers on shopping, online purchases, car services, and various other categories.
Also Amazon has this offer, where once every month (on fridays) when you load money to Amazon pay wallet, you get discount of 20% (max ₹100) on money load.
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