NSDL Saving Bank Account Full Detail

What is NSDL?

Early the work of NSDL was about Pan Card and verification of Aadhar Card for E-KYC. Now NSDL allows to open a saving account with zero Balance facility.

What is the name of NSDL Saving Bank Account?

NSDL Payment Bank.

How to Open Saving Account in NSDL Payment Bank?

• Download NSDL Jiffy.
• Enter your Details like Mobile number, Aadhar Card.
• While Opening the NSDL Payment Bank you will get a option of E-KYC and XML Based. ( Suggestion: Choose XML Based)
• Suggestion: XML Based-- Click on XML Based and then Click on Download XML you will be redirect on the page Enter Details like Aadhar Card and Enter OTP and Choose 4 Digit Number and Download it. Came back to NSDL Jiffy Click on Upload then Upload the XML Enter 4 Digit Number which you have created.
• Choose Your Account.
• Your Saving Account has been created.

Advantages

• No KYC Required.
• Opening Bank Account at Home.
• No Hidden Charhes.
• Instant Fund Transfer IMPS, NEFT, RTGS, UPI.
• Vitual Debit Card.
• Paper Less Account Opening.
• Zero Balance Account.
• No Funding at Opening.