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Excel Banking #1 Introduction, Af SomaliBank of America offers three accounts with potentially no monthly fees. Its SafeBalance Banking� account charges no monthly fee for students. offers ZERO FEE banking on ALL variants of Savings Account, including Rs. Many banks like the State Bank of India, Union Bank of India, Kotak Mahindra Bank, etc. have the option to open zero-balance savings accounts. You don't have to.