Opening a zero balance account with the State Bank of India (SBI) is quite simple. SBI offers a type of account called the SBI Insta Plus Savings Account, which does not require a minimum balance to be maintained. Here are the steps you can follow to open an SBI zero balance account:
1. Eligibility Criteria:
Age: No specific age limit; both minors (with guardianship) and adults are eligible.
Documents: You need valid documents for identity and address proof.
2. Required Documents:
Aadhaar card (mandatory for KYC purposes).
PAN card (or Form 60 if PAN is not available).
Photograph (passport size).
Address proof (if Aadhaar does not contain current address, then documents like passport, voter ID, utility bills, etc., are needed).
If you are a minor, the guardian's documents and a birth certificate will be required.
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