Product Details
Bank Name
Karnataka bank
Account Name
KBL Tarun Zero Balance Account for Students
Account Type
Savings
Interest Rate
Up to INR 1 Lakh: 2.75%. Above INR 1 Lakh and up to INR 10 Lakh: 2.75%. Above INR 10 Lakh and up to INR 50 Lakh: 2.75%. Above INR 50 Lakh and up to INR 100 Lakh: 3.5%
Free Debit Card
Yes, Classic Debit card
.png)
Account Opening Fees
0
Debit Card Charges
NIL for the first year
Annual Maintenance Fees
0
NEFT Charges
Free for Internet Banking, Mobile Banking, UPI App
Minimum Account Balance
0
IMPS Charges
Free for Internet Banking, Mobile Banking, UPI App
Fees and Charges of
KBL Tarun Zero Balance Account for Students
KBL Tarun Zero Balance Account for Students
Special Features
Free of charge Demand Drafts for the purpose of exam fee, prospectus fee, tuition fee etc. Demand draft can be purchased at any branch.
Eligibility Criteria
Benefits
Features, Eligibility and Benefits of
KBL Tarun Zero Balance Account for Students
Pros & Cons of
Pros
Simplified account opening procedures.
Free debit card.
Internet /Mobile Banking facility.
25 cheque leaves in a calendar year.
SMS alert facility.
Cons
Low interest rates.
KBL Tarun Zero Balance Account for Students
KBL Tarun Zero Balance Account for Students Review
The account comes with low interest rate and offers average 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
Review of
KBL Tarun Zero Balance Account for Students
Account Opening and Procedure of
How to open an Account?
Here's how to open a KBL Tarun Zero Balance Account for Students with Karnataka Bank:
1. Visit a Karnataka Bank Branch:
Locate the nearest Karnataka Bank branch to you.
2. Required Documents:
Proof of Identity:Aadhaar Card
PAN Card (or Form 60 if you don't have a PAN)
Passport
Voter ID
Driving License
Proof of Address:Aadhaar Card
Passport
Voter ID
Driving License
Utility bills (recent)
Student ID: A valid student ID card from your school or college.
Photographs: Two recent passport-sized photographs.
3. Account Opening Form:
Obtain an account opening form from the bank representative.
Fill in the form accurately and completely with all the required details.
4. Submit Documents and Open Account:
Submit the completed form and all the required documents to the bank representative.
The bank representative will guide you through the account opening process.