If you’re looking for a simple, hassle-free way to open a savings account without maintaining any minimum balance, Axis Bank’s zero balance account might be exactly what you need.
And the best part? The entire process is online — no need to step into a branch at all!
What Is a Zero Balance Account?
Zero balance accounts let you keep your savings without worrying about monthly balance requirements. Even if your balance is ₹0, there are no penalties.
Axis Bank offers a zero balance account under Basic Savings Bank Deposit Account (BSBDA) as well as through digital variants like the ASAP account.
Why Axis Bank’s Zero Balance Account Could Be Perfect for You
- No minimum balance requirement
- Free virtual debit card (physical card optional)
- All you need is your Aadhaar and PAN — open your account online in just a few minutes, no paperwork needed.
- UPI-enabled – perfect for online payments
- Mobile banking and internet banking access
- SMS and email alerts for transactions
Step-by-Step: How to Open Axis Bank Zero Balance Account Online
Follow these simple steps to set up your account in less than 10 minutes:
- Visit the Axis Bank official website
👉 https://www.axisbank.com - Head over to the ‘ASAP’ or ‘Zero Balance Account’ section on Axis Bank’s website.
- Click on “Open Now”
- Enter simple details like your name, phone number, PAN, and Aadhaar to get started.
- Complete OTP verification
- Upload documents (or validate Aadhaar via e-KYC)
- Do a quick video KYC — just make sure your PAN card is with you during the call.
- Done! Your account is activated instantly.
Documents Required
To open the account online, you’ll need:
- Aadhaar Card
- PAN Card
- A mobile number linked with Aadhaar
- Stable internet connection (for video KYC)
Who Should Consider a Zero Balance Account?
- Students
- Freelancers or gig workers
- Homemakers
- First-time account holders
- Anyone tired of penalty charges on regular accounts
It’s ideal if you just need a simple account for salary credit, UPI payments, or savings — without worrying about balance limits.
Things to Keep in Mind
- BSBDA accounts may have a limit on how many times you can withdraw money each month.
- Some features like cheque book or physical card might be chargeable
- Axis may upgrade your account based on usage and KYC status
- You must complete full KYC within 1 year to keep the account active
Final Thoughts
Opening a zero balance account with Axis Bank online is quick, easy, and perfect for anyone looking to avoid unnecessary fees.
Whether you’re managing day-to-day transactions, receiving salary, or using it for UPI — it does the job without complications.
So why wait? Open your Axis Bank account today — no branch queues, no paperwork, no stress.