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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

KBL Tarun Zero Balance Account for Students
Account Opening Fees

0

Annual Maintenance Fees

0

Minimum Account Balance

0

Debit Card Charges

NIL for the first year

NEFT Charges

Free for Internet Banking, Mobile Banking, UPI App

IMPS Charges

Free for Internet Banking, Mobile Banking, UPI App

Fees and Charges

KBL Tarun Zero Balance Account for Students

85.7
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
Banking facility for the students between the age of 18 years and 25 years.
Benefits
Features, Eligibility and Benefits
Pros & Cons
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.

Application Procedure

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Product Review
Account Opening and Procedure
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.


Application Procedure
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