Want to open a zero-balance current account?

Here's your guide!

A current account is a financial deposit account that allows limitless transactions. These are ideal for business-people, firms, and entities that need multiple daily transactions.

Unlike usual current accounts, zero-balance current accounts don’t need you to maintain a minimum balance.

What is all about?

1. Choose a bank to open your account with and checkout their website
2. Find their zero balance current account form and fill it out
3. Upload the necessary ID & KYC documents
4. Submit your application
5. Wait for a confirmation via call/email about your account 

Here's what you can do to get in this game

1. You don't need to maintain a minimum balance.
2. It's ideal for business owners who need multiple daily transactions.
3. These accounts allow business owners to have a greater level of flexibility with their working capital

Why should you opt in for a zero-balance current account?

1. Hindu undivided family
2. Partnership firm
3. Private or public limited company
4. Resident individual
5. Sole proprietor
6. Trust

Who can apply?

Here are the categories you need to fall under to be eligible 

Proof of identity

PAN card

Aadhaar card

Proof of address

Driving licence

Utility bill

Rental agreement

Photographs

Passport-size photos



What you might need!