💨 Abstract

Zero-balance accounts offer convenience and benefits to salaried and self-employed professionals. These accounts are insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC), up to Rs. 5 lakh, providing protection for depositors in case of bank failures or administrative changes. To maintain account safety, avoid sharing financial details, refrain from clicking on unknown links, and ensure strong password practices.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖