Zero Balance Savings account is a deposit account which does not demand you to have a minimum balance in your bank account. In India, this type of savings account is a blockbuster hit because there are many banks which require you to have a minimum balance of INR 10,000 which is an excessively big problem for a lot of people who belong to the low-income group. So, having a zero-balance savings account comes with all the standard services is the best option for all. A Zero balance savings account is the most ideal type of bank account where you have the liberty to withdraw money anytime and leave your account empty. Here’s a list of Zero balance savings account in 2021 for Indian Citizens :  Top Zero Balance Savings account  IDFC First Bank Pratham Savings Account 6.00% DBS Digi Savings 3.50% YES Bank Smart Salary Advantage 5.00% Kotak Mahindra Bank 811 Digital Bank Account 3.50% IndusInd Bank Indus Online Savings Account 4.00% Standard Chartered Bank Aasaan 3.00% HDFC Bank BSBDA 3.00% State Bank of India BSBDA 2.70% 1. IDFC First Bank Pratham Savings Account  Account Balance Rate of Interest For balance <= INR 1 lakh 6.00% Ø INR 1 lakh and <=INR 1 crore 7.00% Features and Benefits of IDFC First Bank Pratham Savings Account • Pratham Savings Account is a zero balance which comes with the facility of unlimited ATM withdrawals • You can make quick transactions at any micro-ATM • Get free access to the internet and mobile banking • Pay online bills hassle-free and get a free mini statement and know about account balances anytime and from anywhere • You can apply for this account using your Aadhaar Card at the nearest bank branch 2. Kotak Mahindra Bank- 811 Digital Bank Account Account Balance Rate of Interest Up to INR 1 lakh 3.50% Above INR 1 lakh 4.00% Features and Benefits of Kotak 811 Digital Bank account • This is a zero-balance online savings account from Kotak Mahindra Bank with a maximum interest rate of 6%. • There are Zero charges on non-maintenance of balance in this account• You can get the new 811 Virtual Debit Card which you canuse to shop online• You can also transfer money online for free• You can also pay your credit card bills online with Kotak 811 3. IndusInd Bank- Indus Online Savings Account Account Balance Rate of Interest Up to INR 1 lakh 4.00% Above INR 1lakh & up to INR 10 lakh 5.00% Above INR 10 lakh 6.00% Features and Benefits of Indus Online Savings Account • Indus Online savings account gives you an option of opening savings account instantly by simply completing the online application• You can open this savings account just by opting for a Premium Debit Card or by doing high Instant Funding• You can also choose the account number of your choice• Get free NEFT / RTGS / IMPS transactions on online channels• You can save Up to INR 250 / month on Fuel Surcharge Waiver, Save INR 3000 / year Also Read - Is it a Good Idea to Open Multiple Savings Account? 4. YES Bank- Smart Salary Advantage Account Balance Rate of Interest Less than INR 1 lakh 4.00% From INR 1 lakh to less than INR 10 lakh 5.00% From INR 10 lakh to less than 300 Crore 6.00% Features and Benefits of YES Bank Salary Advantage • This savings account comes with no minimum balance requirement• Get free and unlimited transactions at any YES Bank ATM across the country• You also get5 free monthly transactions at any other bank’s ATM in India• Also, get a free account with standard AMC & NSDL charges applicable• The debit card offers accidental death cover, lost card liability, and purchase protection 5. DBS – DigiSavings  Account Balance Rate of Interest Up to INR 1 lakh 3.50% Above INR 1 lakh & up to INR 2 lakh 6.00% Above INR 2 lakh & up to INR 5 lakh 4.00% Above INR 5 lakh 4.00% Features and Benefits of DBS- DigiSavings • You can open a DigiSavings account online by using your Aadhaar Card • DBS bank provides a wide range of products and services, such as up to 5% interest rate, e-Wallet feature, unlimited free ATM withdrawals from any ATM• You also get free 24×7 fund transfers using UPI, IMPS, NEFT and RTGS• You can get competitive interest rates on savings, fixed and recurring deposits• You can also earn cashbacks of up to 10% on shopping from a wide range of online merchants 6. Standard Chartered Bank- Aasaan / BSBDA Account Balance Rate of Interest Up to INR 50 lakh 3.00% Above INR 50 lakh & up to INR 150 crore 3.50% Ø = INR 150 crore to < INR 300 crore 1.00% Ø = INR 300 crore 0.50% Features and Benefits of Standard Chartered Bank- Aasaan / BSBDA• You can now open your account instantly using Aadhaar based eKYC• You can get an International Platinum debit card free for the first year and enjoy 15% off across 600 restaurants• You can also get free monthly account statements and free passbook• You also get free NEFT / RTGS transactions• Enjoy the facility of Fee cash deposit, cash withdrawal, DD, and PO 7. State Bank of India- Basic Savings Bank Deposit Account (BSBDA) Account Balance Rate of Interest Up to INR 1 lakh 2.70 Above INR 1 lakh 2.70 Features and Benefits of Basic Savings Bank Deposit Account(BSBDA) • This savings account variant can be opened by any individual provided he or she has valid KYC documents• There is no upper limit to maximum balance in the account• You can get a basic Rupay ATM-cum-debit card • Any type of withdrawals can be done using withdrawal form at branches or through ATMs• This particular savings account is available at all branches of State Bank of India 8. HDFC Bank- Basic Savings Bank Deposit Account (BSBDA) Account Balance Rate of Interest Below INR 50 lakh 3.00% INR 50 lakh & above 3.50% Features and Benefits of Basic Savings Bank Deposit Account• Get free passbook facility for all individual account holders• Also, enjoy free cash and cheque deposits at branches and ATMs.• You can access your account with your free Rupay Card• Get free lifetime BillPay, InstaQuery facility, email statements• Enjoy easy banking with facilities including Net Banking, Phone Banking and Mobile Banking that allow you to check your account balance, pay utility bills, or even stop cheque payments via SMS In today’s busy lifestyle it is particularly important to save money, that too, in a time like this when people are losing their jobs, taking huge pay cuts, and are also suffering from medical conditions. So, at this point it is  all the more necessary to build your savings and choose the right savings account for you. An account which is easily accessible, can be opened up easily and can also give you added benefits along with a bank account facility. A Zero balance savings account is the perfect solution to all your problems, which is why we did this blog. We hope you enjoy our blogs and hope that you will continue to show the same amount of enthusiasm for our content in the future, If you want us to write about a particular topic, do write to us!