Ease of opening a BSBDA

[SpiesCan'tCatchMe]

I visited all the banks available in my city.
Asking to open a zero balance account (BSBDA). To my surprise except idfc first bank all other banks denied having a zero balance account. Only when I threatened them to give me in writing or I'll have to involve RBI in this then they said yes there is this account but we don't usually open that anymore.
ICICI being the worst they didn't agree to open the account even when I left the branch.
I know the BSBDA account has many restrictions but what banks are doing is wrong. If RBI has given a option then why are banks not forwarding it?

 

[praful47]

I have HDFC BSBD Account.
Using this account I am able to get tata neu plus without income doc( Earlier Rejected )
And also got rupay Platinum Debit Card Which is LTF 😂

Now want to open In Icici but we can only 1 Bsbda for Amazon ICICI (4times reject).

How did you get rupay platinum dc and that to ltf

 

[ritwik2000]

There is nothing as such ... It's only written .... People do lakhs of transactions..

also I want to add UPI transactions and Rupay DC (ECOM) transactions are free for all. Govt Rule. If anyone is charged money for doing upi transaction on BSBDA after 4 transactions. Ask for compensation

https://incometaxindia.gov.in/communications/circular/circular-16-2020.pdf

 

[ritwik2000]

How did you get rupay platinum dc and that to ltf

million dollar question bhai ye to

 

[praful47]

Lagta hai apay ke liye icici ka BSBDA kholna padega

 

[ritwik2000]

How many of you have more than 1 bsbda account ?

 

[muk9998]

Are you being charged for doing more than four transactions in a month?

Four Transection limit is on NEFT/rtgs and in bank in person transaction.

Actual restrictions jesa kuch laga nahi muje..
You can Do normal UPI Transaction.

 

[muk9998]

How did you get rupay platinum dc and that to ltf

It's free with every bsbda account - 0 issuance 0 annual charges

 

[muk9998]

How many of you have more than 1 bsbda account ?

You can't open more than 1.
If anyone has please let me know badly want ICICI 0 mab for Amazon ICICI.

 

[ritwik2000]

It's free with every bsbda account - 0 issuance 0 annual charges

but hdfc twitter team always says pmjdy card is only free with bsbda. Can you share the CARD PIC and first 6 digits of the card ?

 

[praful47]

It's free with every bsbda account - 0 issuance 0 annual charges

Basic rupay card is free na ...

Rupay platinum?

 

[muk9998]

Basic rupay card is free na ...

Rupay platinum?

It's Easyshop Rupay Platinum DebitCard.

Not that platinum which give 1% CB on non-hdfc bill pay

 

[praful47]

It's Easyshop Rupay Platinum DebitCard.

Not that platinum which give 1% CB on non-hdfc bill pay

Limits ? ?

 

[muk9998]

twitter team always says pmjdy card is only free with bsbda.

Idk got rupay Platinum Debit card.
It is also mentioned on HDFC web site that you will get platinum Rupay

 

[ritwik2000]

It's Easyshop Rupay Platinum DebitCard.

Not that platinum which give 1% CB on non-hdfc bill pay

You are lucky then must say.

 

[ritwik2000]

Idk got rupay Platinum Debit card.
It is also mentioned on icici web site that you will get platinum Rupay

bhai kaha dikhao bsbda ke sath rupay plat wo bhi icici me

 

[ritwik2000]

It's Easyshop Rupay Platinum DebitCard.

Not that platinum which give 1% CB on non-hdfc bill pay

@its_karan @doraemon luck ho to bhai jaesa warna na ho

 

[muk9998]

bhai kaha dikhao bsbda ke sath rupay plat wo bhi icici me

Bhai HDFC ICICI galat Likh diya mene..

 

[ritwik2000]

It is also mentioned on HDFC web site that you will get platinum Rupay

link dedo bhai meko bhi lena he

 

[muk9998]

Limits ? ?

2 lacs per day
10lacs per month

 

[its_karan]

You can't open more than 1.
If anyone has please let me know badly want ICICI 0 mab for Amazon ICICI.

You can have more than 1 account in different Banks. The rule is you cant have more than 1 account in one Bank.

Read more here.
FAQs by RBI on BSBDA

1. https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=1556
2. https://www.rbi.org.in/commonperson/English/Scripts/FAQs.aspx?Id=1289