Open Saving Bank Account Online in India
In India, a savings bank account is a type of bank account that is designed for individuals to save their money and earn interest on the deposited funds. Some of the features and services commonly offered with a savings bank account in India include:
- Interest on Deposits: Customers earn interest on the money they deposit in their savings bank account, which is typically credited to their account on a quarterly or half-yearly basis.
- ATM and Debit Card: Most banks in India provide an ATM/Debit card to their savings bank account holders, which can be used to withdraw cash, make purchases, and access other banking services.
- Online and Mobile Banking: Many banks in India offer online and mobile banking services for their savings bank account holders, which allow them to access their account information, transfer money, and pay bills.
- Cheque Book Facility: Savings bank account holders are provided with a chequebook which can be used to make payments, withdraw money and other transactions.
- Standing Instructions: Customers can set up standing instructions for recurring payments like EMI’s, insurance and other bills.
- Deposit and Withdrawal of Cash: Savings bank account holders can deposit and withdraw cash at bank branches and ATMs, as well as deposit cheques and demand drafts.
- SMS and Email Alerts: Banks may offer SMS and email alerts to customers for transactions done on their account.
- NEFT/RTGS/IMPS: NEFT, RTGS, and IMPS are electronic fund transfer services which allow customers to transfer funds from one bank account to another.
It is important to note that the features and services offered by different banks may vary and it is advisable to check the terms and conditions of the account before opening it.
List of Banks for Saving Bank Account
- State Bank of India (SBI) – https://www.sbi.co.in/
- HDFC Bank – https://www.hdfcbank.com/
- ICICI Bank – https://www.icicibank.com/
- Axis Bank – https://www.axisbank.com/
- Kotak Mahindra Bank – https://www.kotak.com/
- Bank of Baroda – https://www.bankofbaroda.com/
- IDBI Bank – https://www.idbi.com/
- Union Bank of India – https://www.unionbankofindia.co.in/
- Canara Bank – https://www.canarabank.com/
- Bank of India – https://www.bankofindia.co.in/
Please note that this list is not exhaustive and there are many other banks in India which offer savings bank account. Additionally, some of the above-mentioned banks may have different websites for opening account online, you may want to check the bank’s website for the specific link for opening account online.
Zero Balance Account
Here are few banks which offers savings bank account with zero balance feature and their url:
- State Bank of India (SBI) – https://www.sbi.co.in/portal/web/personal-banking/bank-smart/zero-balance
- HDFC Bank – https://www.hdfcbank.com/personal/bank-smart/basic-savings-bank-deposit-account
- ICICI Bank – https://www.icicibank.com/personal-banking/bank-smart/zero-balance-account
- Kotak Mahindra Bank – https://www.kotak.com/en/bank-smart/zero-balance-account
- Axis Bank – https://www.axisbank.com/retail/bank-smart/basic-savings-deposit-account
- Union Bank of India – https://www.unionbankofindia.co.in/english/Retail-Banking/accounts/savings-account/no-frills-account
- Bank of Baroda – https://www.bankofbaroda.com/baroda-basic-savings-bank-deposit-account-bbsbda
- Canara Bank – https://www.canarabank.com/English/Scripts/BSBDAC.aspx
- IDBI Bank – https://www.idbi.com/personal-banking/bank-smart-no-frills-account/
- Central Bank of India – https://www.centralbankofindia.co.in/english/BSBDAC.aspx
Please note that this list is not exhaustive and there are many other banks in India which offer zero balance savings bank account. Additionally, some of the above-mentioned banks may have different websites for opening account online, you may want to check the bank’s website for the specific link for opening account online, and also the services may vary and it is advisable to check the terms and conditions of the account before opening it.