HDFC Bank Zero Balance Account – Eligibility & Interest Rates

Customers can enjoy easy banking without having to maintain a minimum balance with HDFC Bank's zero balance savings accounts. Students, salaried individuals, and anyone who requires no-balance accounts with basic banking capabilities will all find these accounts convenient.  

Updated On - 02 Oct 2025

How to Open an HDFC Bank Zero Balance Account  

To open an HDFC Bank Zero Balance Account follow the steps given below: 

Online Process 

  1. Go to the official HDFC Bank website or use the HDFC Bank app on your phone.  
  1. Choose a zero-balance account option under Savings Account.  
  1. Enter the necessary KYC and personal information.  
  1. Upload the required files, including proof of address, Aadhaar, PAN, and photo.  
  1. Use OTP to finish the e-KYC verification.  
  1. Wait for approval after submitting the application.  
  1. Your debit card and account information will be sent to you after approval.  

Offline Process 

  1. Visit the nearest HDFC Bank Branch 
  1. Fill out the application form with required details like name, date of birth, etc. 
  1. Submit the necessary documents  
  1. The bank will verify your KYC documents and application details 
  1. Once verified, your zero-balance account will be activated. 

Types of Zero Balance Accounts at HDFC Bank 

The various kinds of HDFC Bank zero balance accounts are listed below: 

  1. Basic Savings Bank Deposit Account (BSBDA) 

One kind of savings account that does not need to keep a minimum balance is a BSBDA. You can access a number of banking services at different branches and ATMs using BSBDA. Get benefits such as a free passbook, debit card, 25 check leaves, and email statements. 

  1.  Salary Account 

Organisations open salary accounts in order to manage the allocation of employee salaries. This account has no minimum balance requirements. The bank moves money from the business's account to yours on payday. 

Eligibility Criteria to Open an HDFC Bank Zero Balance Account 

In order to be eligible for an HDFC Bank zero-balance savings account, you need to meet the following requirements:   

  1. You have to be at least 18 years old.  
  1. Must be an Indian citizen  
  1. KYC documentation is required.  
  1. You cannot hold any accounts with zero balances at other banks.  
  1. It is necessary to close any current HDFC Bank savings accounts.  
  1. You can open a self-operated minor account if you are older than 10 years. 

Documents Required for HDFC Bank Zero Balance Account 

You need to submit the following documents to open an HDFC Bank zero balance account: 

  1. HDFC Bank zero balance account filled application form 
  1. Address Proof such as Aadhaar, Passport, electricity bill, etc. 
  1. Identity Proof such as Voter ID, Driving License, Aadhaar, PAN, etc. 
  1. Passport-sized photographs 
  1. Employment proof. 

Benefits of HDFC Bank Zero Balance Account 

Here are the benefits you can enjoy with an HDFC Bank zero balance account: 

  1. There is no minimum balance needed: If you do not keep a minimum amount in your account, you will not be charged or penalized. 
  1. Easy transactions: You can easily access all banking services, such as online transactions, money transfers, and bill payment. 
  1. Mobile and Internet banking: With mobile and net banking services, you may effortlessly manage your account, see statements, and check your balances. 

HDFC Bank Zero Balance Account Interest Rates 

Here are the Interest Rates provided by the HDFC Bank such as: 

Savings Account Balance 

Interest Rate  

Less than Rs.50 lakhs 

3.00% p.a. 

Rs.50 lakhs and above 

3.50% p.a. 

Fees and Charges of HDFC Bank Zero Balance Account 

HDFC Bank's zero balance savings account has no minimum balance requirements, which is one of its main benefits. Additionally, there are no monthly maintenance fees. 

  1. Opening an HDFC online account is quick and totally free 
  1. The first ten debit card transactions, including ATM withdrawals, are free each month 
  1. After ten transactions, each financial transaction costs Rs.20 plus taxes 
  1. After five free withdrawals, ATM transactions at other banks cost a charge 
  1. There are no penalties for failing to maintain balance 
  1. Each check book with ten leaves issued costs Rs.100 
  1. Closing an account within a year costs Rs.500. 

FAQs on HDFC Bank Zero Balance Account

  • Can I open an HDFC zero balance account online?

    Yes, through HDFC bank’s website or mobile app using e-KYC you can open HDFC zero balance account. 

  • Who is eligible to open a Zero Balance HDFC account?

    Every individual, including senior citizens, salaried employees, and students, may create an HDFC Zero Balance Account. 

  • Is a debit card included with the account?

    Yes, the account provides a free Debit/ATM card that enables users to effortlessly access a range of banking services, purchase online, and withdraw cash. 

  • Is a one-time payment necessary?

    No, an HDFC Zero Balance Account is a hassle-free banking choice because it does not demand an initial deposit or minimum balance maintenance. 

  • Can I open an HDFC Bank account with zero balance?

    Yes, there is no minimum balance required while opening a savings account with HDFC Bank. Simple KYC procedures can be completed online or in-branch to complete this for free.

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