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Product Details
Bank Name
ESAF Small Finance Bank
Account Name
ESAF Zero Balance Savings Account
Account Type
Saving
Interest Rate
Upto 5 Lakh: 4.5%. Between 5 and 15 Lakh: 5.5%. Above 15 Lakhs: 6.5%.
Free Debit Card
No
71.4
Account Opening Fees
0
Annual Maintenance Fees
0
Minimum Account Balance
0
Debit Card Charges
Rupay Classic Joining Fee - INR 0. Annual fee - INR 50
NEFT Charges
Free
IMPS Charges
INR 5 Per Transaction
Fees and Charges
ESAF Zero Balance Savings Account
Special Features
Eligibility Criteria
All individual residing in India .
Benefits
Features, Eligibility and Benefits
Pros & Cons
Pros
Free NEFT/RTGS transactions.
Zero balance account.
Cons
Few value-add features.
ESAF Zero Balance Savings Account Review
The account comes with decent interest rate however, the account offers minimal value add features.
Abhijeet Saxena
Abhijeet Saxena
Nalsar University of Law
Ex- Senior Associate, Shardul Amarchand Mangaldas, Delhi
Ex - Khaitan & Co. Bengaluru,
Ex - National Stock Exchange, Mumbai,
Ex - Argus Partners, Mumbai
Product Review
Account Opening and Procedure
How to open an Account?
Application Procedure
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