What Is The Minimum Balance In Icici Bank?

Can we open zero balance account in Icici Bank?

Conclusion on ICICI Bank zero balance account The basic zero balance savings account can be opened by individuals who don’t have a savings account.

After the account is opened, customers do not have to keep any minimum balance.

The bank offer free cheque book, debit card and a host of other facilities..

Which bank has lowest minimum balance?

ICICI Basic Savings Account.HDFC BSBDA Small Savings Account.SBI Basic Savings Bank Account.Axis Bank Small Basic Savings Account.Indus Small Savings Account.Standard Chartered Bank’s Basic Banking Account.RBL Bank’s Abacus Digital Savings Account.IDFC Bank Pratham-savings account (BSBDA)

Which bank has zero balance?

Top Zero Balance Savings Account 2020Top Zero Balance Savings AccountAccount NameInterest Rate (up to Rs 1 lakh)Standard Chartered Bank Aasaan3.00%HDFC Bank BSBDA3.00%State Bank of India BSBDA2.70%5 more rows•Jan 21, 2020

Which bank account is best in India?

Best Savings Bank Account in India 2020#1. RBL Bank Saving Account (Highest Savings Interest Account)#2. Kotak Mahindra Bank Savings Account Review.#3. IndusInd Bank Savings Account (Highest Interest Rate)#4. ICICI Bank Savings Account (For Best Technology)#5. … #6. … #7. … #8.More items…•

Can I open zero balance account in HDFC Bank?

HDFC Bank zero balance savings account can be opened by any resident individual who is not having an existing relationship with the bank and do not have complete KYC. A zero balance basic savings account can be opened with HDFC Bank which will have certain transactional and operational limits.

Is Axis ASAP zero balance account?

ASAP Instant Savings Account Axis Bank launched their first ever digital savings account named Axis ASAP that can be opened anytime and anywhere by simply using your Aadhaar and PAN details. It is a zero balance savings account which offers a complimentary virtual debit card / optional Visa Online Rewards Debit card.

What happens if minimum balance is not maintained in Icici Bank?

Starting April, ICICI Bank will charge a penalty of Rs 350 for non-maintenance of a minimum monthly balance. The bank earlier charged Rs 750 in a quarter. Customers in urban areas would have to maintain Rs 10,000 in regular savings accounts every month.

What is the minimum balance for Axis Bank?

Axis Bank Minimum Balance Requirements The minimum balance amount ranges from as low as Rs. 2,500 to Rs. 1,00,000/-.

What is the minimum balance for savings account?

Difference between Savings and Current AccountFeaturesSavings AccountCurrent AccountMinimum Account Balance (MAB)0Minimum INR 10,000Interest RateUp to 7%NILFree Transactions AllowedLimitedUnlimitedOverdraft FacilityNoYes1 more row

Which bank has lowest minimum balance for current account?

Current Account Monthly Average Balance and Withdrawal Limit 2020BankMinimum Average BalanceICICI Bank Smart Business AccountRs. 25,000HDFC Bank Regular Current AccountRs.10,000 per quarterBank of Baroda Baroda Small Business Current AccountQuarterly Average Balance Rs. 2,500SBI Regular Current AccountRs. 10,0002 more rows

Is Icici Bank good for savings account?

ICICI Bank is also considered as the best bank in India when it comes to provide various features, benefits and rewards to its customers. Following are various features and benefits of ICICI Regular Savings Account: Get Smart Shopper Silver Debit card with exciting offers & Visa Privileges.

Which bank is better HDFC or Axis?

But, in terms of interest rates, HDFC is a better option as its highest rate is 8%. Whereas, Axis Bank Home Loan Interest rates are can go upto 8.55%….People Also Look For.Home Loan Interest Rates December 2020Axis Bank7.75% – 8.55%Bank of Baroda6.85% – 8.25%Citibank7.13% – 8.03%HDFC6.90% – 7.65%9 more rows