@ManishSaini has provided a suggestion that you can consider. Several banks are currently offering their customers the option to open an account from the comfort of their own home, using video KYC mode. While HDFC and Axis Bank are among the banks providing this service, note that it is not a zero balance account. You will be required to maintain a balance of at least 5000, depending on your region.
I’m not sure if the Fedbook Selfie Account, which was introduced by Federal Bank as a zero balance account that could be opened online, is still in operation. If yes, you can consider that too.
As @yagnesh01 sir has mentioned that for normal uses it will be alright.
So do not worry about things that could go wrong.
At the end of the day its your call.
Have fun with your newly acquired financial freedom.
I am using an insta plus savings account in SBI and I never had any annual charges for my DC… I think my card is only for atm withdrawals and not for ecommerce transactions… (heard somewhere that such varient of DC is available in SBI)… My Account is completely free of cost…
But never had to use physical card because of the cardless withdrawal in YONO app… .
I wish customer care of SBI was like Jupiter’s
I never had any issues with jupiter… Love the features that it offers But my policy is always "never put all the eggs in single basket "
Aswin, this comes as a surprise that good old SBI has made strides in this space. Guess, this is where Jupiter is different as it has community of users which it values and seeks feedback from.
as you haven’t used dc that’s why they haven’t charged you. mine is not instaplus savings account i was facing some issues with yono complained on twitter they told me to visit branch. mine is offline account.
That’s amazing. I didn’t find it anywhere that we can get a debit card like this for insta saving account. So, I opened insta plus saving account. using it without a debit card.