What Is Zero Balance Savings Account? A Zero Balance Savings Account is a type of account where you are not required to maintain a minimum balance, i.e. your account balance can go down to Rs. 0 and it won't attract any penalties. It is one of the most difficult tasks to maintain a minimum balance in the account. Zero balance bank account opening, This app is specially designed for students, house wife, farmers, poor people who cannot open account in the bank with higher amount money. This ap