SBI Basic Savings Bank Deposit Account PM Jan Dhan Yojana has completed ten years. The objective of this scheme is that every person should have his own bank account. Like Jan Dhan account, facilities are also available in SBI Zero Balance Account. This account also provides facilities like Jan Dhan account. In this article, we will tell you in detail about SBI Savings Account.
Bank Account: To ensure that every person in the country has a bank account, the Government of India started the PM Jan Dhan Yojana. PM Jan Dhan Yojana has completed 10 years. Under this scheme, people can easily open a zero balance account.
Under the PM Jan Dhan Yojana, many other facilities are available along with zero balance in the open bank account i.e. Jan Dhan Account.
SBI Account is also like Jan Dhan Account. In this account also, the customer gets the facility of zero balance like Jan Dhan Account. We will tell you about SBI’s zero balance account.
SBI Account like Jan Dhan Account
Zero balance facility is available in this account of SBI. This account of SBI is also called Basic Savings Bank Deposit Account (BSBDA).
Any person can easily get this account. To open the account, the customer has to fulfill the conditions of KYC. To fulfill the KYC conditions, you must have a PAN Card and Aadhaar Card.
Joint Saving Account facility is also available in this account. For example, both husband and wife can open this joint account. You must have all the necessary documents to open an account.
Benefits of SBI Zero Balance Account
In this, you do not need to maintain minimum balance in the account. Even if there is less balance, there is no penalty.
You can keep maximum amount in the account. The bank has not set any limit on maximum balance.
In this account, the account holder gets the facility of passbook, basic Rupee ATM-cum-debit card, mobile and internet banking. Please note that free checkbook is not available in this.
Like a normal bank account, you can withdraw money in this with the help of Aadhar card. Apart from this, there is also a facility to make payment through UPI.
If the account holder closes the account, then he will not have to pay any charge. This means that account closing fees are not to be paid.
Keep these things in mind
You can open a zero balance account only if you do not have another savings account. If you already have a savings account, but you want to open a zero balance account, then you will have to close the savings account within 30 days.
