Zero Balance Savings Account

Basic Savings Bank Deposit Account (BSBDA)

Enjoy the advantage of zero balance requirement with the Basic Savings Bank Deposit Account (BSBDA) from ICICI Bank. Designed to help you save up consistently, our zero balance savings account offers you interest at attractive rates. 


Features of ICICI Bank’s Basic Savings Bank Deposit Account


Our zero balance account comes packed with many distinct features. These are some of the many useful features of our BSBDA.

  • No minimum Monthly Average Balance (MAB) requirement
  • No initial deposit needed to open your account
  • Single or joint modes of holding
  • Free Rupay Debit Card facility
  • Free cash deposits
  • Free passbook facility
  • Internet banking and mobile banking available on request


Eligibility for ICICI Bank’s Basic Savings Bank Deposit Account


You are eligible to open a Basic Savings Bank Deposit Account (BSBDA) with us if:

  • You are an Indian resident above 18 years of age (NRIs are not eligible to open this account)
  • You do not hold any other savings account including BSBDA with us
  • You do not hold a BSBDA with any other bank
  • You are applying for the account in your individual capacity and not in the capacity of the Karta of a Hindu Undivided Family (HUF).


For documentation, please visit the tab titled ‘Documents Required’


BSBDA opened under Pradhan Mantri Jan Dhan Yojana (PMJDY)

 The Pradhan Mantri Jan Dhan Yojana (PMJDY) was launched by the Ministry of Finance, Government of India, as the National Mission for Financial Inclusion. This plan aims to ensure that the excluded sections of our society gain access to financial services and timely and adequate credit. 


To know more about PMJDY, you may visit


Basic Savings Bank Deposit Accounts with ICICI Bank are opened under the PMJDY and they come with the following features:

  • Free passbook
  • Free personalised Rupay Debit Card
  • Free cheque leaves


When your BSBDA has been activated under the PMJDY, you need to collect all these deliverables from your base branch. 

*ICICI Bank may, at its sole discretion, utilise the services of external service provider/s or agent/s and on such terms as required or necessary, in relation to its products.
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