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 ISTKnow the benefits of Zero Balance Savings account
Under the Zero Balance Savings Account, interest rates are calculated on the minimum account balance and are usually credited on half yearly basis or quarterly basis depending on the savings account type and the bank’s rule.
Jan 17, 2018, 17:44 PM IST