Axis Bank
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How to open a zero balance account in axis bank

One of the top private sector banks in India, Axis Bank, provides a variety of account kinds to meet different banking requirements. One type of account that you can start and keep without having to maintain a minimum balance is the zero balance account. We’ll go over how to open an Axis Bank account with no balance as well as the features and advantages of this account type in this guide.

Advantages of Creating an Axis Bank Zero Balance Account

Opening an account with Axis Bank with no balance has the following benefits:

    • There is no minimum balance restriction, so you don’t have to worry about keeping a specific amount in your account to stay out of trouble.Low-cost banking option for people with little balances or transactions

Access to the extensive branch and ATM network of Axis Bank throughout IndiaAccessibility to a range of digital banking services, including online and mobile banking

Requirements to Open an Axis Bank Account with No Balance

In order to initiate an account with Axis Bank with no balance, you need to fulfill the subsequent eligibility requirements:

    • You have to be a resident of India

You have to be at least eighteen years old

A valid PAN card is required.

A valid Aadhaar card is a requirement.

How to open a zero balance account in axis bank

Detailed Instructions: Opening an Axis Bank Account with No Balance

First, stop by a branch of Axis Bank

You must go to an Axis Bank location in order to open an account with no balance. Using the branch locator on the Axis Bank website or mobile app, you may locate the closest bank.

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Step 2: Make an Account Request for Zero Balance

Tell the bank representative that you would like to open an account with no balance. They will walk you through the procedure and give you the required application form.

Step 3: Completing the Application Form

Enter your personal information, including name, date of birth, address, and phone number, on the account opening application form. Details from your Aadhaar and PAN cards will also be required.

Step 4: Send in the Necessary Documents

In order to initiate the account, the following paperwork must be sent:

    • filled-out application form

Photos the size of a passport

A picturecopy of your PAN card

A picture of your Aadhaar card

Evidence of residency (if it differs from the address on your Aadhaar card)

Step 5: Finish the KYC procedure.

Your identity and address will be verified as part of the Know Your Customer (KYC) process, which the bank representative will walk you through. This could involve utilizing your Aadhaar card for biometric verification.

Activate Your Account and Begin Banking

is the sixth step.

The bank will activate your account as soon as the KYC procedure is finished and your account has been opened. Your checkbook, debit card, and account details will be sent to you. After that, you can begin making transactions, paying bills, and utilizing other banking services with your account.

Axis Bank Zero Balance Account Opening Frequently Asked Questions

Is there a yearly maintenance fee associated with an Axis Bank account with no balance?

Yes, a zero balance account may be subject to an annual maintenance fee. The exact price varies based on the type of account and might be waived if you achieve certain requirements specified by the bank or maintain a particular average balance.

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Is it possible to convert my account with no balance to a standard savings account?

Yes, you can visit your local Axis Bank branch and make a request to convert your zero balance account to a regular savings account. To be eligible for the normal savings account, you must complete the requirements and keep the minimum balance.

Does an account with a zero balance have any transaction limits?

For a zero balance account, there can be transaction restrictions, such as restrictions on cash withdrawals or transfers. Depending on the type of account you have and your relationship with the bank, these restrictions are determined by the bank.


Axis Bank offers a quick and easy option to access banking services without having to keep a minimum amount when you open a zero balance account. You may easily set up your account and begin banking with one of India’s top private sector banks by following the above step-by-step instructions and supplying the required paperwork and KYC information. Even with potential restrictions and fees, a zero balance account is still a desirable choice for people with little transaction volumes or balances. Always select the account type that best meets your needs, and be aware of any potential fees or charges.


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