Top 5 Best Zero Balance Bank Accounts to Open Online in 2025
If you’re looking for a zero balance savings account in 2025 that you can open online, avoid hidden charges, and enjoy premium banking features, this article will help you choose the best option. Based strictly on the latest comparisons, here are the top 5 banks offering zero balance accounts with benefits, interest rates, and charges explained clearly.
🏦 1. SBI (State Bank of India) – Best for Accessibility
- Account Type: Zero Balance Savings Account (Video KYC)
- Initial Funding: ❌ Not Required
- Minimum Balance: ❌ Zero Balance
- Debit Card: Free Rupay Card (4 Free ATM Transactions)
- Passbook: ✅ Physical
- Interest Rate: 2.70% per annum
- Online Transactions: NEFT, RTGS, IMPS – ✅ Free
- Mobile App: YONO SBI
- Extra Charges: Only if branch-based transactions are used
✅ Best for students and users who prefer government-backed reliability and wide branch access.
🏦 2. Axis Bank – ASAP & Easy Access Accounts
- ASAP Account:
- Zero Balance: ✅ Yes
- Monthly Charges: ₹200 (₹2200/year) unless you maintain ₹5,000 balance
- Debit Card: ✅ Free (first year)
- Interest Rate: 3%
- Easy Access Account:
- Requires average balance of ₹5,000
- Charges may vary based on city
- NEFT/RTGS free if done online
- Video KYC: ✅ Supported
⚠️ Choose ASAP only if you’re okay with charges or prefer cashback/online offers.
🏦 3. Kotak Mahindra Bank – 811 Account
- Account Type: Kotak 811
- Initial Funding: ₹1000 (Can be withdrawn later)
- Minimum Balance: ✅ Zero
- Debit Card: Virtual card free; Physical card paid
- Interest Rate: Up to 3.5% (7% via Active Money)
- Passbook: Physical passbook delivered via post
- Online Transactions: Free
- IMPS Charges: ₹5 for transfers above ₹1000
✅ Perfect for fully digital banking with high interest and no maintenance fees.
🏦 4. ICICI Bank – Three-in-One Account
- Account Type: Savings + Demat + Trading (Online)
- Initial Funding: ₹1,00,000
- Zero Balance: ✅ Yes (after initial funding)
- Debit Card Charges: ₹199 + GST
- Interest Rate: Up to 3%
- Passbook: Available
- Demat Annual Charge: ₹500 approx.
- Ideal For: Investors, business users
⚠️ Not suitable for students or housewives due to high initial funding and annual demat charges.
🏦 5. IndusInd Bank – Delite, Digistart & IndusInd Ind Account
- Indus Delite:
- Initial Funding: ₹10,000
- Debit Card Charges: ₹500 + GST
- Digistart Account:
- Initial Funding: ₹20,000
- Debit Card Charges: ₹249 + GST
- IndusInd Ind Account (New):
- Initial Funding: ₹500 only
- Zero Maintenance Charges
- Virtual Debit Card (UPI-ready)
- Interest Rate: Up to 3.25% (7% via Active Money)
- OTT Benefits: Amazon, Zomato, etc. (on certain debit cards)
✅ Recommended for cashback lovers and digital users who want modern app experience.
💡 Final Suggestions
| Bank | Zero Balance | Initial Funding | Passbook | Debit Card | Ideal For |
| SBI | ✅ | ❌ | ✅ | Free | Students, general public |
| Axis ASAP | ✅ (but ₹200/m) | ❌ | ✅ | Free (1st yr) | Cashback lovers |
| Kotak 811 | ✅ | ₹1000 | ✅ | Paid (physical) | Digital-savvy users |
| ICICI 3-in-1 | ✅ (after ₹1L) | ₹1,00,000 | ✅ | Paid | Business & stock investors |
| IndusInd Ind | ✅ | ₹500 | ✅ | Free (virtual) | Tech users, OTT subscribers |
Conclusion:
For a true zero balance experience in 2025, Kotak 811 and IndusInd Ind Account are the most balanced choices. If you prefer stability and wide access, SBI is a solid pick. Business and stock investors may benefit from ICICI’s 3-in-1 account, but it’s not ideal for casual savers.
Also Read :How to Link Mobile Number to Aadhaar Card Online in 2025 (Step-by-Step Guide)