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Does PNB have zero balance account?
No charge will be levied for non-operation / activation of in-operative Basic Saving Bank Deposit Account. The existing basic banking ‘no frill’ accounts will be converted to Basic Savings Bank Deposit Account (PNB Zero Balance Account) after completing KYC norms.
Is it possible to open PNB account online?
Steps to open a Punjab National Bank Savings account online: On receiving the TCRN, the customer will then have to submit the number, application form and requisite KYC documents for verification. Following approval, the bank will activate the account within 3-5 working days.
What is the minimum balance to open an account in PNB bank?
PNB Savings Account Minimum Balance
| Type of Savings Account | Minimum Balance |
|---|---|
| Savings Deposit – General Account | Rs. 500 – for rural areas Rs. 1000 – for semi-urban areas Rs. 1000 – for urban areas Rs. 1000 – for metropolitan cities |
| Premium Savings Account | Rs. 50,000 and above (minimum Quarterly Average Balance -QAB) |
Which bank is best for opening zero balance?
Latest Interest Rate for Zero Balance Savings Account
| Bank | Name of zero-balance savings account | Interest rate |
|---|---|---|
| HDFC Bank | Basic Savings Bank Deposit Account | 3.50\% to 4\% |
| Axis Bank | Basic Savings Account | 3.50\% to 4\% |
| ICICI Bank | Basic Savings Account | 3.50\% to 4\% |
| State Bank of India | Basic Savings Bank Deposit Account | 3\% to 3.25\% |
Can I open zero balance account in SBI?
SBI zero balance savings account: At the time of opening the account, there is no need for a minimum balance. Without any fees, customers are provided with an ATM-cum-debit card. Deposit and withdrawal services are free of cost. For non-operation or activation of an inoperative account, the bank cannot levy charges.
What is CA PNB account?
Avail the dual benefit of Current Account & Saving Fund Account under one scheme.
| Sr. No | Parameters | Features |
|---|---|---|
| Current Account (CA) | ||
| 4. | Cheque book | Unlimited |
| 5. | Cash Deposit | Unlimited ; Free upto 06 times of the QAB per day |
| 6. | Cash Withdrawal | Unlimited; Free upto 02 times of the QAB maintained per day |
What is the charge for low balance in PNB?
The penalty charges or non-maintenance charges of minimum balance is Rs 200/-(based on average quarterly balance).
What is Qab charges of PNB?
| Area | Min. QAB | Initial Deposit |
|---|---|---|
| Rural | Rs. 500/- | Rs. 500/- |
| Semi Urban | Rs. 1000/- | Rs. 1000/- |
| Urban & Metro | Rs. 2000/- | Rs. 2000/- |
Who can open zero balance?
The name of the zero balance savings account is BSBDA and it can be easily opened if an individual has all the adequate KYC documents.