RBL Bank Zero Balance Savings Account

Last Updated : March 28, 2025, 4:14 p.m.

A zero balance savings account offers the convenience of maintaining a bank account without the pressure of keeping a minimum balance. RBL Bank provides several zero balance account options tailored to different customer needs. This comprehensive guide covers everything you need to know about RBL Bank zero balance savings account.

Types of RBL Bank's Zero-Balance Savings Accounts

RBL Bank offers the following zero-balance savings account options:

1. RBL Bank Basic Savings Account (BSBDA) : A no-frills account designed for financial inclusion
2. RBL Bank Digital Savings Account : A paperless, digitally-opened zero balance account
3. RBL Bank Women's First Account : A specialized zero-balance account for women
4. RBL Bank Salary Account : A zero balance account for employees of RBL Bank's corporate partners.

Features of Types of RBL Bank's Zero-Balance Savings Accounts

RBL Bank Basic Savings Account (BSBDA)

The Basic Savings Bank Deposit Account (BSBDA) is RBL Bank's entry-level zero balance account that offers:

• No minimum balance requirement
• Limited number of free transactions per month
• Basic debit card
• Mobile and internet banking access
• Basic account statement facilities

RBL Bank Digital Savings Account

The Digital Savings Account is designed for tech-savvy customers and includes:

• Completely paperless account opening process
• Zero balance maintenance requirement
• Digital banking services, including net banking and mobile banking
• Virtual debit card option
• E-statements and digital transaction receipts
• RBL Bank mini statment number

RBL Bank Women's First Account

This specialized account for women combines zero balance features with additional benefits:

• No minimum balance requirement
• Higher transaction limits at ATMs and POS
• Special offers on shopping, wellness, and lifestyle services
• Dedicated relationship manager
• Specialized insurance options

RBL Bank Salary Account

Available to employees of RBL Bank's corporate partners, this account offers:

• Zero balance maintenance
• Free unlimited transactions at RBL Bank ATMs
• Higher free transaction limits at other bank ATMs
• Preferential rates on loans and credit cards
• Free accident and medical insurance coverage (terms apply)

How to Open RBL Bank's Zero-Balance Savings Account Online?

Opening an RBL Bank zero balance account online is a straightforward process:

1. Visit the official RBL Bank website (www.rblbank.com) or download the RBL Bank mobile app
2. Select "Open a Savings Account" option
3. Choose the specific zero balance account type you wish to open
4. Enter your mobile number and email ID
5. Complete the OTP verification process
6. Fill in your personal details, including name, date of birth, PAN, Aadhaar number, etc.
7. Upload the required KYC documents (scanned copies or photos)
8. Record a video KYC session (if required)
9. Submit your application
10. Upon successful verification, your account will be activated within 1-3 business days.

How to Open RBL Bank's Zero-Balance Savings Account Offline?

For those who prefer the traditional account opening process:

1. Visit the nearest RBL Bank branch
2. Request an account opening form for the specific zero balance account you wish to open
3. Fill in the application form with your personal details
4. Submit the form along with the required KYC documents
5. Provide photographs as specified
6. Complete the in-person verification process
7. Sign the necessary declarations and terms & conditions
8. Receive your welcome kit with account details, debit card, and Internet banking credentials.

Documents Required for RBL Bank's Zero-Balance Account

For Basic Savings Account (BSBDA):

• Identity proof (any one): Aadhaar card, PAN card, Voter ID, Driving License
• Address proof (any one): Aadhaar card, Utility bill (not older than 3 months), Passport
• Recent passport-sized photographs

For Digital Savings Account:

• PAN card
• Aadhaar card for e-KYC verification
• Mobile number linked to Aadhaar
• Email ID
• Selfie for facial recognition

For Women's First Account:

• Identity proof (any one): Aadhaar card, PAN card, Voter ID, Driving License, Passport
• Address proof (any one): Aadhaar card, Utility bill (not older than 3 months), Passport
• Recent passport-sized photographs
• PAN card
• Income proof (for certain additional features)

For Salary Account:

• Identity proof (any one): Aadhaar card, PAN card, Voter ID, Driving License
• Address proof (any one): Aadhaar card, Utility bill (not older than 3 months), Passport
• Recent passport-sized photographs
• Employee ID and employment verification from the partner organization.

Approved List of ID & Address Proofs for RBL Bank Accounts

Acceptable ID Proofs:

• Aadhaar Card
• PAN Card
• Passport
• Voter ID Card
• Driving License
• NREGA Job Card
• NPR Letter

Acceptable Address Proofs:

• Aadhaar Card
• Passport
• Voter ID Card
• Driving License
• NREGA Job Card
• Utility bills (electricity, telephone, water) not older than 3 months
• Property or Municipal Tax receipt
• Bank account statement from another bank not older than 3 months
• Letter from a recognized public authority or public servant
• Rent Agreement (registered)

Maximum Limit for RBL Bank Zero Balance Savings Account

RBL Digital Savings Account:

• Features: Digital Savings Account with no minimum balance requirement.
• Daily limits: ATM withdrawal: ₹50,000, POS spending: ₹1,00,000.

RBL Advantage Savings Account:

• Features: Choose your own account number, daily cash withdrawal limit of INR 1 lakh and a shopping limit of INR 2 lakhs daily.
• Daily limits: ATM withdrawal: ₹1,00,000, POS spending: ₹2,00,000.

UPI Transaction Limit for RBL Bank Zero Balance Savings Account

UPI Transaction Limit:

• The daily limit for UPI transactions is ₹1 lakh, meaning you can send or receive up to ₹1 lakh through UPI within a day.

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

ATM Withdrawal Limit: You can withdraw up to ₹50,000 per day from ATMs.

POS Spending Limit: Your daily spending limit at POS terminals (like when you swipe your debit card for purchases) is ₹30,000.

Unlimited Free Transactions: You can make unlimited free transactions at RBL Bank ATMs.