What is the minimum balance in YES BANK saving account?
OPEN SAVINGS ACCOUNT
Open online Savings Account using Video KYC (V-KYC) Open your SB account at your convenience without the need to visit the Bank Branch. This is an end-to-end online account opening process through Video KYC. This is a full fledge KYC account for all your Banking needs. 100 % paperless Process.
Can I open saving account in YES BANK?
Yes, you can access and operate your savings account from any branch of YES BANK across India. You can also electronically transfer funds from one savings account to another account in any YES BANK branch across cities. You can withdraw and deposit cash at any YES BANK branch.
Every individual who is a resident of India is eligible to open a zero balance account. To open a zero balance account online, one needs to have a valid Aadhaar and PAN card. As per RBI's regulation, banks can open savings account online through Aadhaar OTP verification.
Is YES BANK a zero balance account?
For salaried customers, YES BANK offers the Smart Salary Platinum Account, which is a zero balance savings account, which also allows for tax-free income interest of up to INR 40,000.
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Which savings account is best?
Best Zero Balance Savings Account 2022
Best Free Savings Accounts of 2022
Which bank is good for savings account?
Top Savings Bank Accounts of 2022
Yes Bank is most highly rated for Culture and Kotak Mahindra Bank is most highly rated for Job security and advancement.Overall Rating.
Is YES BANK approved by RBI?
The Reserve Bank of India (RBI) has issued conditional approval to funds affiliated to global private equity investors Carlyle and Advent International with regard to the planned acquisition by each of them of 9.99 per cent of share capital of YES Bank.01-Dec-2022
Latest Interest Rate for Zero Balance Savings Account
Which bank opens zero balance savings account?
Axis Bank offers a Zero Balance Savings Account also called Basic Savings Account as part of the Pradhan Mantri Jan-Dhan Yojana Scheme. The account offers benefits such as free cash deposits, access to over 4000 Axis Bank branches and 14,000+ ATMs across India and Internet and Mobile banking services.
BANKING BENEFITS : Passbook facility is free for all account holders. Debit/ATM card is free with the account.
What happens if we don't maintain minimum balance in YES BANK?
You can be penalized for not keeping the minimum balance. There is no limit on the penal charges that a bank will charge for the non-maintenance of the minimum balance. The charges have to be approved by the bank's board. Charges will vary from bank to bank and from branch to branch as well.25-Feb-2022
Yes Bank
Does zero-balance account have ATM card?
With a zero-balance savings account, most of the banks offer a free ATM-cum-debit card, passbook and cheque book. Also, facilities like internet and mobile banking are offered by several banks.
HDFC Bank is most highly rated for Culture and Yes Bank is most highly rated for Culture.Overall Rating.
Is YES BANK a trusted bank?
Of course, yes. Finance Minister Nirmala Sitharaman on Friday assured depositors that their money with YES Bank was safe.06-Mar-2020
4.75% p.a. YES BANK offers a variety of savings account options to cater to the different needs of every customer. They also have a customizable option that allows customers to get a savings account with the benefits and features they desire.
Which bank offers 7% interest on savings account?
Jana Small Finance Banks Jana Small Finance Bank offers interest rates between 4.50% to 7% on various amounts. The interest rates with the are provided below, effective as of November 15, 2022. Interest is based on the day-end balances in the savings account. Interest is paid or credited to savings accounts quarterly.22-Nov-2022
What is the minimum balance in YES BANK saving account?