Union Bank Of India Zero Balance Account

Hii sir I Wants to Open A Saving Account in the Union bank of India Is Union Bank of India Saving Account is open with Zero balance ?

Yes, the Union Bank of India Saving Account Provides the Zero balance Facility the Information About the Union bank of India Saving Account is given below

Features

This is a basic savings account which does not require the holder to maintain any minimum balance.
This account carries facilities like cash deposit, cash withdrawal, credit / receipt of funds via electronic payment channels or by cheques.
Account holders shall be provided with an ATM / ATM cum Debit / RuPay Debit Card with this account.
There is no upper limit on the number of deposits an account holder can make in a month.
Account holders can make a maximum of 4 withdrawals in a month, including from branches and ATMs.
There is no charge levied for any of the services provided under this account. Furthermore, no penalty fee shall be levied for non-operation or activation of an inactive account.

Eligibility Criteria

All resident individuals (for Single Accounts) / 2 or more individuals (in case of Joint Accounts), visually impaired or illiterate persons, Purdah Nasheen ladies and minors.
Clubs, Associations, Societies, Trusts, and Agencies / Institutions which have been specifically permitted by the RBI.


Required Document :

Proof – Passport/PAN Card/Voter ID Card/Driving License/Job Card issued by the NREGA/Aadhar Card
Address Proof – Passport/Voter ID Card/Driving License/Job Card issued by the NREGA/Aadhar Card or Letter.

For more Information you may Contact to the Union bank of India Nearest branch

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Answered By StudyChaCha Member