DCB Bank Zero Balance Savings Account

Last Updated : March 27, 2025, 12:47 p.m.

DCB Bank Limited (Development Credit Bank) is a private-sector scheduled commercial bank in India, headquartered in Mumbai, Maharashtra. Established in the 1930s as a cooperative bank, it transitioned into a private commercial bank in 1995 and has since grown into a modern banking institution. As of March 26, 2025, DCB Bank operates over 400 branches across 19 states and 2 union territories, offering a range of financial products, including savings accounts, fixed deposits, loans, and digital banking services.

DCB Bank (Development Credit Bank) offers a variety of savings accounts, including a zero-balance savings accounts option designed to cater to customers seeking basic banking services without the burden of maintaining a minimum balance.

Features & Benefits of DCB Bank Zero Balance Savings Account

DCB Basic Savings Bank Deposit Account

It is one the best zero balance savings accounts for convenient and hassle-free banking.

Free Debit Card :

• Comes with a free ATM card for cash withdrawals and transactions.

Unlimited Free Deposits :

• No restrictions on the number of deposits per month.

Free Online Transactions :

• Unlimited free use of NEFT (National Electronic Funds Transfer) and RTGS (Real-Time Gross Settlement) facilities.

Digital Banking :

• Access to DCB Internet Banking, DCB Mobile Banking (via the DCB Zippi+ or other apps), and phone banking at no additional cost.
• DCB Savings Account Mini Statement Number

Statements :

• Physical and email statements are provided for transaction tracking.

Branch Banking :

• Free banking services at all DCB Bank branches across India.

Eligibility For a DCB Bank Zero-Balance Savings Account

Eligibility:

• Who Can Open :
  • Any resident Indian individual aged 18 years or above.
  • Minors can open with a guardian’s assistance, though this is less common for BSBDA.
• Residency : Must be an Indian resident (NRIs are not eligible).
• Other Accounts : No restriction on holding other savings accounts, but BSBDA is intended for basic banking needs.

Documents Required for DCB Bank Zero Balance Savings Account

Documents Required:

• Identity Proof (Any one):
  • Aadhaar Card
  • Voter ID Card
  • Passport
  • Driving License
  • PAN Card
  • NREGA Job Card
• Address Proof (Any one):
  • Aadhaar Card (if updated with current address)
  • Utility bill (not older than 3 months)
  • Ration Card
  • Passport
• Photographs : Two recent passport-sized photos.
• Application Form : Filled and signed (available at branches or online).

How to open a DCB Bank Zero Balance Savings Account?

• Offline :
  • Visit the nearest DCB Bank branch
  • Request the BSBDA account opening form.
  • Submit the filled form with self-attested KYC documents and photos.
  • Verification is completed on-site; the account activates instantly or within a day.
  • Receive an ATM card and passbook (optional).
• Online :
  • While DCB promotes online account opening via the DCB Zippi+ app, BSBDA is typically not listed as an online option. You can:
    1. Download the DCB Zippi+ app or visit the bank website.
    2. Check for BSBDA availability under “Savings Accounts.”
    3. If available, fill out the form, upload KYC documents, and complete Video KYC or Aadhaar e-KYC.
    4. If not, initiate contact via the website or call 022-6899-7777 to arrange branch assistance.

Maximum balance Limit for DCB Bank Zero Balance Savings Account

• Maximum Balance Limit: The balance in the account at any point in time should not exceed INR 50,000.

UPI Transaction Limit of DCB Bank Zero Balance Savings Account

• Daily UPI Transaction Limit: ₹1,00,000.
• Number of Transactions (P2P): Maximum 20 transactions per day.
• Number of Transactions (P2M): No limit set for payments made to merchants.
• Initial Limit for New Users: Newly registered users have a transfer limit of ₹5,000 for the first 24 hours.

What is the Withdrawal Limit Per Day for DCB Zero Balance Savings Account?

• For DCB Bank's Zero Balance Savings Accounts, the daily ATM withdrawal limit is ₹10,000.