Yes Bank does offer zero-balance savings accounts. These accounts are designed to cater to individuals who may not have a significant amount of money to maintain a minimum balance.
Here are some key features of Yes Bank’s zero-balance savings accounts:
- No Minimum Balance Requirement: As the name suggests, you don’t need to maintain a minimum balance in your account.
- Basic Banking Services: You can enjoy essential banking services like deposits, withdrawals, and fund transfers.
- Online Banking: You can access your account and perform transactions through Yes Bank’s online banking platform.
- Mobile Banking: Manage your finances on the go with Yes Bank’s mobile banking app.
To open a zero-balance savings account with Yes Bank, you can visit a branch or apply online through their website. You’ll need to provide some basic information and identification documents.
It’s important to note that while there’s no minimum balance requirement, there might be certain charges associated with specific transactions or services. It’s always advisable to check the latest terms and conditions on the Yes Bank website or by contacting their customer service for the most accurate information.
