Banking in India has rapidly evolved, notably with the introduction of zero-balance accounts at Axis Bank. Designed to make banking simple and inclusive, these accounts remove the stress of maintaining a minimum balance. Whether you are a student, a first-time account holder, or someone looking for an affordable banking solution, a zero balance account in Axis offers a convenient entry into the formal financial system.

Axis Bank has created multiple zero-balance account options, giving customers the flexibility to choose an account type that suits their lifestyle. These accounts are ideal for anyone who wants seamless banking without maintaining minimum balance requirements.

Types of Axis Bank Zero Balance Accounts

Axis Bank offers several variants of its Axis 0 balance savings account, each designed for specific customer needs.

1. Basic Savings Bank Deposit Account (BSBDA)

This government-backed option is aimed at individuals with limited resources. It provides essential banking services with no minimum balance requirement, making it a practical choice for people starting their financial journey.

2. Digital Zero Balance Savings Account

Perfect for customers who prefer digital banking. The account can be opened online, offers full mobile banking features, and requires no branch visit—an ideal option for opening an Axis Bank online account.

3. Student Zero Balance Account

Created for students, this account includes features like internet banking access, low transaction fees, and tools to help them manage finances independently. It encourages financial discipline at an early stage.

How to Open Zero Balance Axis Bank Account Online

Axis Bank allows customers to complete axis bank zero balance account opening online without visiting a branch. The online onboarding process is simple, fast, and fully digital.

Step-by-step process:

Step 1: Visit the Official Website
Go to the Axis Bank website and select the appropriate Axis Bank 0-balance account-opening option.

Step 2: Fill the Online Application Form
Enter your personal information and ensure all details match your official documents.

Step 3: Upload Required Documents
Upload your ID and address proof clearly. Proper documents help speed up the verification.

Step 4: Complete Video KYC
Join a live video call with a bank representative. This step finalises your Axis Bank account-opening process with a 0 balance.

Once verified, your new account becomes active instantly.

How to Open a Zero Balance Account in Axis Bank Offline

If you prefer face-to-face banking, Axis Bank still supports traditional account opening at local branches.

Steps:

Step 1: Locate a Nearby Branch
Visit your nearest Axis Bank branch and ask for details on Axis Bank’s zero-balance savings account options.

Step 2: Prepare Your Documents
Carry original and photocopies of ID and address proof to avoid delays.

Step 3: Fill Out the Account Opening Form
Manually complete the form and review all entries for accuracy.

Step 4: Submit Your Documents for Verification
Once bank officials verify your details, your account will be activated.

Axis Bank Zero Balance Account Interest Rates

Axis Bank offers competitive interest rates on its Axis 0 Balance Account to help customers increase savings.

Fees & Charges for Axis Bank Zero Balance Account

Most axis 0 balance bank account types come with minimal charges, supporting affordable banking for all.

Monthly Maintenance Charges

No monthly maintenance charges apply to zero balance accounts.

ATM Transaction Charges

Limited free ATM transactions are offered each month. Additional withdrawals may incur nominal fees.

Online Transaction Charges

Most digital services—such as fund transfers and bill payments—are free, boosting digital banking usage.

Eligibility Criteria for 0 Balance Account in Axis Bank

Opening an axis bank minimum balance account (zero balance variation) requires meeting a few basic conditions:

1. Age Requirement

Available to individuals aged 18–60 years.

2. Residential Status

Indian residents and eligible NRIs can apply.

3. Valid ID Verification

Applicants must provide government-approved identification documents.

4. Income Requirements

No minimum income restrictions—ideal for low-income individuals and beginners.

5. Credit History

Zero balance accounts do not require a strong credit score, promoting wider financial access.

Documents Required for Axis Bank Zero Balance Account

To keep the process quick and compliant, Axis Bank requires a few essential documents:

1. Proof of Identity

Aadhaar, PAN, Passport, or Voter ID.

2. Proof of Address

Utility bill, Aadhaar, rental agreement, or any government-verified document.

3. Photographs

Recent passport-sized photos.

4. Income Proof (Optional)

Salary slips or ITR filings (required only in special cases).

5. Student ID (For Student Accounts)

Valid ID or admission proof for student-specific accounts.

Axis Bank Zero Balance Account Welcome Kit

When you open an Axis Bank 0-balance account, you receive a welcome kit with useful resources.

What’s Included:

1. Personalised Debit Card
A ready-to-use ATM-cum-debit card.

2. Account Information Booklet
A complete guide to account rules and benefits.

3. Internet Banking Credentials
Login details for online banking access.

4. Customer Support Details
Helpline numbers and email contacts.

5. Welcome Letter
A personalised message introducing your new account.

Axis Bank Zero Balance Account Helpline

For support regarding your Axis Bank savings account with a zero balance, contact:

• Address: Wadia International Centre, Worli, Mumbai – 400025
• Helpline: 1800-103-5577 (Toll-free)
• Email: helpdesk@axisbank.com

Final Words

A zero balance axis bank account is an excellent option for anyone seeking convenient, low-cost banking. By removing minimum balance requirements, Axis Bank has opened the door for students, new earners, and individuals seeking a flexible banking solution. Whether you choose to open the account online or visit a branch, the process remains simple, accessible, and customer-friendly.

Frequently Asked Questions