Jupiter is a new-age digital bank that is rapidly gaining popularity in the banking industry due to its unique features and services. It offers a zero balance account, which means that you don't need to maintain a minimum balance in your account to keep it active. In this article, we will guide you through the process of opening a zero balance account in Jupiter in 2023.
Benefits of a Jupiter zero balance account:
- No minimum balance requirement: You don't have to maintain a minimum balance in your account, which can be helpful for those who do not have a steady income.
Low maintenance fees: Many zero balance accounts come with lower maintenance fees than traditional accounts.
Basic banking facilities: You can enjoy basic banking facilities like ATM withdrawals, online banking, and mobile banking.
Documents required to open a Jupiter zero balance account online:
PAN Card: A Permanent Account Number (PAN) card is mandatory for opening a bank account in India.
Aadhaar Card: An Aadhaar card is another identity proof document that may be required for opening a bank account.
Address proof: You will need to provide a proof of your residential address, such as a utility bill, rent agreement, or passport.
Passport size photographs: You may need to provide a few passport size photographs for the account opening process.
Other documents: Depending on the bank's policy, you may need to provide additional documents, such as income proof or reference letters.
It's important to note that the requirements may vary depending on the bank and the type of account you want to open. Therefore, it's always advisable to check with the bank directly or visit their official website for the most up-to-date information.
Step 1: Download the Jupiter app :-
The first step to opening a zero balance account in Jupiter is to download the Jupiter app from the Google Play Store or the Apple App Store. Once you have downloaded the app, install it on your smartphone.
Step 2: Sign up for a new account :-
Once you have installed the app, open it and click on the "Sign up" button to create a new account. You will be asked to provide your name, email address, and mobile number. Once you have entered this information, click on the "Continue" button.
Step 3: Complete the KYC process :-
To complete the KYC process, you will be required to provide some additional information such as your date of birth, PAN card details, and Aadhaar card number. You will also be asked to take a selfie and a photo of your Aadhaar card.
Once you have provided all the required information, click on the "Submit" button. Jupiter will verify your information, and once it is verified, your account will be activated.
Step 4: Choose the zero balance account option :-
Once your account is activated, you can choose the zero balance account option. To do this, click on the "Accounts" tab on the app's homepage and then click on the "Open a new account" button.
On the next screen, you will be presented with different account options. Choose the zero balance account option and click on the "Continue" button.
Step 5: Fill in the account details :-
In this step, you will be required to provide some account details such as your address, occupation, and income. Once you have filled in all the required information, click on the "Continue" button.
Step 6: Activate your debit card :-
Once your account is opened, you will receive a debit card from Jupiter. To activate your debit card, you will be required to enter your debit card details on the app. Once you have entered your debit card details, your card will be activated, and you can start using it for transactions.
Step 7: Add money to your account :-
To start using your zero balance account, you will need to add money to it. To add money, click on the "Add money" button on the app's homepage and choose the payment method you prefer.
You can add money to your account using different payment methods such as UPI, net banking, or debit card. Once you have added the money, it will be credited to your account, and you can start using it for transactions.
Conclusion
Opening a zero balance account in Jupiter is a simple and straightforward process. With just a few clicks on the Jupiter app, you can open a zero balance account and start using it for transactions. The app is user-friendly, and the process of opening an account is quick and hassle-free. If you are looking for a digital bank that offers unique features and services, Jupiter is an excellent choice. So, go ahead and open a zero balance account in Jupiter today and experience banking like never before.