NSDL Payment Bank Saving Account BC/CSP

NSDL offers you the opportunity to open a zero-balance savings account with them without paying any charges.
This is a type of account that does not require you to maintain any minimum balance and does not charge you any penalty for a low balance.
The major advantage of this account is that it gives you the freedom to do all kinds of online transactions using your mobile phone or the internet.
You can use this account to recharge your mobile or DTH service and pay your utility bills, such as electricity, water, gas, etc.
Transfer money to any bank account in India. Transfer money through UPI, which is a fast and secure way of sending and receiving money.
You can check your account balance and transaction history, and you also get an ATM card that you can use to withdraw cash from any ATM in India.
This account helps you manage your money easily and conveniently.

1: When you open this savings account with NSDL Payments Bank, you get a virtual debit card immediately.
A virtual debit card is a type of card that does not have a physical form but can be used for online transactions.
You can use this card to shop online, pay bills, recharge, and more.
You can also generate a QR code or a one-time password (OTP) to use this card for offline transactions.
2: Even if you have opened this account through minimum KYC, you can keep up to Rs 95,000 in the account.
Minimum KYC is a process that requires you to provide only your Aadhaar number and PAN number to open an account. You do not need to submit any other documents or proofs.
You can keep up to Rs 95,000 in your account at any point in time and transact up to Rs 10,000 per month.
3: The account opening process with NSDL Payments Bank is completely online, saving you the hassle of visiting the bank, and the entire process takes less than two minutes.
You can open your account using your mobile phone or the internet.
You just need to fill in some basic details, verify your Aadhaar number and PAN number, and set your PIN. Your account will be activated instantly, and you can start using it right away.
4: Since this is a zero-balance account, no charges are deducted even if the account has a balance of Rs 0.
A zero-balance account is a type of account that does not require you to maintain any minimum balance and does not charge you any penalty for a low balance.
You can use this account without worrying about any fees or charges.
5: NSDL Bank supports all three modes (RTGS, NEFT, and IMPS) to send money, and there is no fee for money transfers.
You can use any of these modes to transfer money to any bank account in India.
RTGS is a mode that allows you to transfer large amounts of money in real-time.
NEFT is a mode that allows you to transfer small amounts of money in batches.
IMPS is a mode that allows you to transfer money instantly, 24 hours a day.
NSDL Bank does not charge you any fees for using any of these modes.
6: Interest will be paid at the rate of 2.5 percent on balances less than Rs 1 lakh and at the rate of 5 percent on balances above Rs 1 lakh.
Interest is the amount of money that the bank pays you for keeping your money in your account.
NSDL Bank pays you interest on your savings account at different rates depending on your balance.
If your balance is less than Rs 1 lakh, you will get interest at the rate of 2.5 percent per annum.
If your balance is more than Rs 1 lakh, you will get interest at the rate of 5 percent per annum.
7: Through this bank account, you can easily invest money in mutual funds.
Mutual funds are a type of investment that allows you to pool your money with other investors and invest in various securities, such as stocks, bonds, etc. Mutual funds are managed by professional fund managers who aim to generate returns for investors.
You can use your NSDL Bank account to invest in mutual funds of your choice and track your portfolio online.

If you want to open an online account at NSDL Payment Bank, you do not need to submit any physical documents or proofs.
You can open your account only through the simple and quick process of eKYC of your Aadhaar card and PAN card.
eKYC is a type of KYC that allows you to verify your identity and address electronically using your Aadhaar card and PAN card.
Aadhaar is a 12-digit unique identification number issued by the UIDAI (Unique Identification Authority of India) that contains your biometric and demographic data.
A PAN card is a 10-digit alphanumeric code issued by the Income Tax Department that serves as an identity proof for tax purposes.
You just need to provide your Aadhaar number and PAN number and verify them using an OTP (one-time password) or a biometric device.
Your account will be opened instantly, and you can start using it right away.

If you are interested in accessing the benefits and features of your savings account without any delay or hassle,
You have the option of locating any Ensured Pay-authorized retailer and activating it immediately.
which is conveniently located near your current location and is verified and authenticated by the Ensured Pay service provider to ensure the safety and reliability of your transactions.

As a customer of NSDL Payments Bank, you are entitled to a virtual debit card, which you can use for online transactions without a physical card.
However, if you prefer to have a physical debit card that you can use at ATMs and POS terminals,
You have the option of applying for the same through the bank’s website or mobile app.

As a benefit of opening an account with NSDL Payments Bank, you will receive a virtual debit card, which you can use for online transactions without any additional charges.
However, if you prefer to have a physical debit card, you can use it at ATMs and POS terminals.
You will have to pay a nominal fee for card issuance and maintenance.
To learn more about the fee structure and other features of the NSDL Payment Bank Account Debit Card, you can visit the official website of NSDL.
Or contact the nearest Ensured Payment Agent, who can assist you with your queries and requests.

If you have any questions or concerns regarding your NSDL Payment Bank account or debit card,
You can contact the customer care team of NSDL Payment Bank by calling their toll-free number, 022-420-22100.
Alternatively, you can also send them an email at their official email address, care@nsdlbank.co.in, and they will get back to you as soon as possible.

Ensured Pay has established seamless integration with all the banks in the country and enables its retailers and distributors to access a variety of banking services through its state-of-the-art platform.
These services cover the ones that are offered by NSDL Payment Bank as well, which is one of the leading payment banks in India.

1: NSDL Payment Bank offers a higher interest rate of 4% P.A. on balance, compared to other banks that offer only 3%.
2: You can open a zero-balance bank account for life with NSDL Payment Bank and pay no processing fee.
3: NSDL Payment Bank provides you with detailed information about your transaction history, which makes it more transparent and reliable than other banks.
4: You can open a digital bank account with NSDL Payment Bank in just 5-7 minutes using your Aadhaar card and PAN card with Ensured Payment. No paperwork is required.
5: You can use your NSDL Payment Bank account for investment purposes and also for filing your income tax returns.
6: You can enjoy the convenience of a 3-in-1 account with NSDL Payment Bank that offers you banking, trading, and demat services under one roof.
7: You can avail cashback offers from NSDL Payment Bank from time to time on your transactions.
8: You can pay all types of utility bills easily and securely using your NSDL Payment Bank account.
9: You can transfer funds to any bank account using NEFT for free with NSDL Payment Bank.

Do you want to enjoy the benefits of a digital bank account that lets you transact anytime, anywhere?
Then open an account with NSDL Payments Bank today through any of the Ensured Pay agents near you.
It’s quick, easy, and hassle-free. Just use your Aadhaar and PAN cards and get started in minutes.

Are you looking for a convenient and easy way to open a bank account of your choice?
Then look no further than the Ensured Pay portal. With Ensured Pay, you can open an account with NSDL Payments Bank or any of the other leading banks in India, such as Axis Bank, Bank of Maharashtra, Kotak Mahindra Bank, Suryoday Small Finance Bank, Jana Bank, and SBI Bank.
All you need is your Aadhaar and PAN card, and you can get started in minutes.
No more waiting in long lines at banks or filling out tedious forms.
Just visit the Ensured Pay portal and choose your preferred bank account today.