Best bank accounts for students in 2025?
Students today are increasingly understanding their financial responsibilities along with their studies. Hence, having a good bank account is extremely important. Not only is it a way to save money, but it’s also the first step toward financial independence. In this article, we’ll review the best bank accounts available for students in 2025, their benefits, features, and how you can open one.
Top Bank Accounts for Students in 2025
1.Bank of Baroda – BOB BRO Account
Features:
- Designed for students aged 16 to 25.
- No minimum balance requirement.
- Lifetime free debit card.
- Facility for digital transactions like UPI, IMPS, RTGS.
- Eligibility for educational loan.
Benefits:
- Bank of Baroda has partnered with leading student events like IIT Bombay’s Mood Indigo, offering exclusive benefits to students.
Features:
- Available for students aged 18 to 25 years.
- Minimum monthly average balance of ₹5,000 in metro areas and ₹2,500 in semi-urban areas.
- Free debit card, cheque book, and passbook.
- Features like NEFT, RTGS, IMPS.
2.HDFC Bank Digi Save Youth Account
Benefits:
- 5% cashback via PayZapp and SmartBuy.
- Exclusive offers on movie tickets, recharges, and shopping.
- Insurance coverage up to ₹1.14 crore.
3.Union Bank of India – SBZER Account.
Features:
- Designed for students aged 10 to 25 years.
- No minimum balance requirement.
- Free Classic Platinum Debit Card.
- Facility of digital transactions like UPI, IMPS, RTGS.
Benefits:
- Personal accident insurance up to ₹2 lakh.
- Eligibility for educational loan.
- Online account opening facility.
Also Read:- How to take and where to invest 30,000 pension every month after retirement?
Comparison Table.
| Bank/Account | Age Group | Minimum Balance | Key Benefits |
| HDFC Digi Save Youth | 18–25 | ₹0 | Digital banking, lifestyle offers, Millennia Debit Card |
| PNB Vidyarthi Savings | 10–25 | ₹0 | Free debit card, no maintenance charges |
| Union Bank SBZER | 10–25 | ₹0 | Education loan eligibility, accident insurance |
| Bank of Baroda BRO Savings | N/A | ₹0 | Free transactions, education loans up to ₹40 lakhs |
| IDFC FIRST Future FIRST | N/A | ₹0 | High-interest savings, lounge access, substantial insurance covers |
| Karur Vysya Yuva mitra | 18–25 | ₹0 | Free banking services, transition to other schemes post-25 |
| Akudo | Teens | ₹0 | Gamified experience, financial literacy focus |
| Walrus | Young Adults | ₹0 | Digital banking, investment exposure, smart saving tools |
4.ICICI Bank – @Campus Account
Features:
- Available for students aged 18 years and above.
- Free debit card and cheque book.
- Online and mobile banking facility.
- Account transfer facility for parents.
Benefits:
- Facility to transfer money from parents for educational fees, tuition fees, and living expenses.
- Cashback and offers through ICICI Bank N cash Debit Card.
5.Axis Bank – Youth Debit Card
Features:
- Designed for students aged 18 to 25 years.
- Free debit card and cheque book.
- Online and mobile banking facility.
- Account transfer facility for parents.
Benefits:
- Facility to transfer money from parents for educational fees, tuition fees, and living expenses.
- Cashback and offers through Youth Debit Card.
Things to consider while choosing a bank account for students.
- Minimum balance requirement: Some banks require a minimum balance to be maintained, while some don’t.
- Digital banking facilities: Online and mobile banking facilities make transactions easier.
- Debit cards and cashback offers: Cashback and offers can be availed through debit cards, which are beneficial for students.
- Educational loan eligibility: Some banks offer educational loans to students, making it easier to pursue higher education.
Conclusion.
The bank accounts available for students in 2025 are varied as per their needs and lifestyle. Accounts like BOB BRO Account, HDFC Digi Save Youth Account, and Union Bank SBZER Account are specially designed These accounts are designed to guide students towards financial independence. Through these accounts, students can not only save money but also avail facilities like digital transactions, cashback offers, and educational loans. Hence, students should choose the appropriate bank account based on their individual needs and convenience.