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Savings Schemes

Secure your financial future with Loans Wala's savings schemes. Explore zero-balance savings accounts with competitive interest rates and robust digital banking features.

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Savings Schemes

Best Zero Balance Savings Accounts

SBI Zero Balance Savings Account

Offers easy access to funds and no monthly maintenance charges, ideal for students and individuals.

HDFC Bank Zero Balance Savings Account

Provides a full suite of online banking features without any minimum balance requirement.

Axis Bank Easy Savings Account

Designed for students and young professionals, offering no balance requirements with added benefits.

Savings Account Comparison

Bank Account Type Interest Rate Minimum Balance Key Features
SBI Zero Balance Savings Account Up to 3% Nil Online banking, wide ATM network, free fund transfers
HDFC Bank Zero Balance Savings Account Up to 3% Nil Comprehensive digital services, 24/7 customer support
Axis Bank Easy Savings Account Up to 3% Nil Easy online banking, multiple financial products
ICICI Bank Zero Balance Savings Account Up to 3% Nil Online banking, cashbacks, and rewards on spending

SBI Savings Account

Account Types

Regular Savings Account, Zero Balance Savings Account, and more.

Interest Rate

Up to 3% per annum, compounded quarterly.

Online Banking

Easy access via mobile apps and internet banking services.

ATM Access

Large network of ATMs across India for convenient access.

HDFC Bank Savings Account

Account Types

Regular Savings Account, Zero Balance Account, and more.

Interest Rate

Up to 3% per annum, with monthly interest credits.

Digital Banking

Comprehensive mobile and net banking services.

Customer Support

Excellent support through multiple channels.

Axis Bank Savings Account

Account Types

Regular Savings Account, Zero Balance Account, and more.

Interest Rate

Starting from 3% per annum.

Online Banking

Free online banking and mobile app services.

Financial Products

Access to loans, insurance, and other services.

Savings Account Interest Rates

SBI

Up to 3% per annum.

HDFC Bank

Up to 3% per annum.

Axis Bank

Up to 3% per annum.

ICICI Bank

Competitive rates, up to 3% per annum.

Interest is calculated daily and credited quarterly. Check with banks for the latest rates.

Frequently Asked Questions (FAQs)

A zero-balance savings account requires no minimum balance, making it ideal for students or those with irregular income.

Most zero-balance accounts have no monthly maintenance charges, but some services may incur fees. Check with the bank.

Interest is calculated daily based on the account balance and credited quarterly.

Yes, most banks offer full online banking and mobile app services for zero-balance accounts.

Individuals, including students and young professionals, can open a zero-balance account with valid KYC documents.

Open Your Savings Account Today!

Start saving with Loans Wala's zero-balance savings accounts. Enjoy competitive rates, digital banking, and a hassle-free experience.

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