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Dear Sir/ Madam, With this letter I hereby wish to submit a request for opening a new savings bank an account in your bank , my name is ___________, belonging from ___________[City] and ___________[State]. Therefore I am enclosing require vital and important documents along with filled application account opening form.
The customer can deposit any amount as per his/her convenience. Also, there is no cap on the upper limit. Unlike other savings account, the customer does not have to maintain a minimum balance and can operate the account at zero balance.
As per the update, the bank customers can open a SBI Insta Plus Saving Bank Account through Video KYC anytime, anywhere online. The SBI said the bank account can be opened through online app YONO also.
An ARN (Application Reference Number) will be sent on the registered mobile number of the applicant(s). Download and Print the Account Opening Form (AOF) using ARN sent on registered mobile number. Visit the selected branch with account opening form, photograph and applicable KYC documents.
Proof of possession of Aadhaar Number, Voter's Identity Card issued by Election Commission of India, Job card issued by NREGA duly signed by an officer of the State Government, Letter issued by the National Population Register containing details of name and address.

People also ask

SBI zero balance savings account: At the time of opening the account, there is no need for a minimum balance. Without any fees, customers are provided with an ATM-cum-debit card. Deposit and withdrawal services are free of cost. For non-operation or activation of an inoperative account, the bank cannot levy charges.
What is the Account Form? The account form refers to a two-column format for the presentation of the balance sheet. In this format, assets are listed in the first column, while liabilities and equity accounts are listed in the second column.
' The account can be opened online instantly without submitting any actual documents i.e. facility is completely paperless. To open the savings bank account, the customer will require to download YONO app in his/her smartphone instead of visiting a bank branch.
' The account can be opened online instantly without submitting any actual documents i.e. facility is completely paperless. To open the savings bank account, the customer will require to download YONO app in his/her smartphone instead of visiting a bank branch.
Latest Interest Rate for Zero Balance Savings Account BankName of zero-balance savings accountInterest rateHDFC BankBasic Savings Bank Deposit Account3.50% to 4%Axis BankBasic Savings Account3.50% to 4%State Bank of IndiaBasic Savings Bank Deposit Account3% to 3.25%5 more rows

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