A zero-balance savings account allows you to maintain an account without any minimum balance requirement. These accounts are ideal for students and individuals who may not have regular income. Below are some of the best options:
The State Bank of India (SBI) offers various savings accounts that cater to different needs. The key features include:
HDFC Bank offers a range of savings accounts with various features:
Axis Bank provides several options for savings accounts, focusing on convenience and benefits:
Interest rates on savings accounts vary between banks and are influenced by the Reserve Bank of India's monetary policy. Here’s a quick overview:
Interest is usually calculated on a daily basis and credited to the account quarterly. It's advisable to check with individual banks for the latest rates and offers.