Zero balance accounts

Opening a zero-balance account? Check best interest rates

The bank will not levy any penalties on a zero balance savings account and most of the banks keep a minimum balance limit so that minimum amount of money is deducted. 

Sep 12, 2021, 16:38 PM IST

Finance Ministry to probe into bankers depositing money in Jan Dhan accounts

Finance Ministry has said that it will ascertain facts with regard to instances of bankers depositing small amounts in the Jan Dhan accounts to reduce the number of zero balance accounts.

Sep 15, 2016, 08:59 AM IST

SBI says number of zero balance Jan Dhan a/cs below 46%

Top lender State Bank of India has said it has seen a steady decline in the number of zero balance accounts opened under the financial inclusion drive and their count is now below 46 percent.

Mar 11, 2016, 18:54 PM IST

Deposits worth about Rs 21K crore mobilised under PMJDY

Banks have mobilised deposits worth close to Rs 21,000 crore from the accounts opened under the Pradhan Mantri Jan Dhan Yojana, the Finance Ministry said Wednesday.

Aug 12, 2015, 19:59 PM IST