Complete guide on Standard Chartered Bank Zero Balance account. How to open zero balance account in standard chartered bank. SCB Zero Balance Account Opening 2023.
Standard Chartered Bank is a global icon with millions of clients worldwide and a wide range of banking and financial services. The bank provides consumer, corporate, and institutional banking services through manual and digital platforms. Standard Chartered Bank is UK-based (headquarters) but serves different continents such as Asia, Africa, and the Middle East. All locations receive quality and diversified services to meet clients’ needs.
Standard Chartered Bank Saving Accounts
Registered and potential customers can request current and saving account services through online or offline modes. The accounts are user-friendly and designed to meet clients’ requirements. All saving accounts are defined with unique features and benefits to the user.
Zero Balance Saving Account
Standard Chartered Bank goes beyond to provide super-friendly accounts for users who find it challenging to maintain a monthly or quarterly minimum balance. The account is also called a zero balance account. The facility offers multiple banking services, withdrawal, cash deposit, and fund transfer with various services like NEFT, RTGS, internet banking, mobile banking, and more. SCB Zero balance saving account work similarly to other accounts but differ on the minimum balance feature.
Eligibility for SCB Zero Balance Account
The bank has no limitation on applicants who wish to open a zero-balance account.
- All Indian residents
- Foreign nationalities
- Hindu Undivided Family (HUF)
- Applicants aged 18 years and above.
Interested users must present the following documents to open the StandardChartered Bank zero balance account.
- Aadhaar card
- Recent passport photo
- PAN number
- Identity proof details
Standard Chartered Bank Zero Balance Account
Types of Standard Chartered Bank zero balance accounts
Basic Banking Account
- The Basic Banking account requires no minimum balance (zero balance).
- After application, the bank provides a free platinum debit card.
- Users can access online payments like UPI, internet banking, and mobile banking apps.
- It’s possible to transfer funds using NEFT, RTGS, and IMPS via the bank’s mobile app.
- Account users can manage their accounts online via online banking systems.
- Free cheque book and passbook.
- Unlimited free ATM withdrawals.
- Account users can transact at any Standard chartered branch.
Employee Banking Account
- It’s a zero-balance account.
- It is tailored for employee salary payments.
- Applicants can avail of free debit cards, loans, and credit cards.
- There are multiple free services such as demand draft, ATM, and fund-related services.
- Free cash delivery and cheque drop box.
- Dedicated relationship manager.
- Online payment services via mobile banking and internet banking services.
- Asaan account is a zero minimum balance account.
- Free online payment services via mobile banking.
- User can access their fund using the baking and SC mobile app.
- Available for unbanked individuals
- The bank offers a free platinum debit card
- Free access to e-statements.
Standard Chartered Bank Zero Balance Account Online Opening
Step by step to open Standard Chartered Bank zero balance account online
- Visit the nearest Standard Chartered Bank branch.
- Request for account opening form.
- Enter the required details and attach your self-attested Aadhaar and PAN card.
- Next, select the type of zero balance saving account you wish to open.
- Review the details and submit the application form at the counter along required documents.
- The bank officer will review and approve the details to complete the process.
- What types of documents are best for address and identity proof?
Eligible users can present the following documents for identity and address proof:
- Phone bill
- Aadhaar card
- PAN card
- Rental agreement
- Credit card statement
- Voter ID
- Government ID
- Driving license