Yes Bank offers a digital savings account that can be opened online. The account is designed to provide customers with a convenient and hassle-free banking experience.
Benefits of Yes Bank Zero Balance Digital Saving Account
Here are some of the features and benefits of a Yes Bank digital savings account:
- Paperless Account Opening: You can open a digital savings account with Yes Bank completely online, without the need for any physical documents or visits to a bank branch.
- Zero Balance Account: The digital savings account does not require a minimum balance to be maintained.
- Debit Card: You will be issued a debit card which can be used for ATM withdrawals and online transactions.
- Competitive Interest Rates: Yes Bank offers competitive interest rates on its digital savings account.
- Mobile Banking App: You can access your account and perform transactions through the Yes Bank mobile banking app.
- Free Fund Transfer: You can transfer funds online to any bank account in India for free.
- Instant Account Opening: Your digital savings account will be opened instantly upon completion of the online application process.
- 24/7 Customer Support: Yes Bank provides round-the-clock customer support for any queries or assistance related to your digital savings account.
Process to Open Yes Bank Zero Balance Saving Account
We are here to guide you through the process of opening a Yes Bank zero balance savings account online in India as a professional banker. Here are the steps to follow:
- Visit Yes Bank Website: Go to the Yes Bank website and click on the “Apply Now” button for savings account opening.
- Fill Application Form: Fill out the online application form with your personal details such as name, address, email ID, and mobile number.
- Choose Account Type: Select the zero balance savings account option from the list of available accounts.
- Upload Documents: Upload the necessary documents, such as your Aadhaar card, PAN card, and a passport-sized photograph.
- Confirm and Review: Review and confirm all the details provided.
- Make Initial Deposit: Although a zero balance account does not require an initial deposit, some banks may require a nominal amount to be deposited for verification purposes. In the case of Yes Bank, you need to deposit a minimum of Rs.10 to open the account.
- Submit Application: Submit the application form and wait for the bank’s confirmation.
Once your application is approved, you will receive an account number and other relevant details via email or SMS. You can then start using your Yes Bank zero balance savings account for transactions and other banking services.