Table of Contents
Which bank is best for opening savings account in India?
Top Banks that have the Best Savings Account for Individuals
- State Bank of India (SBI) Savings Account.
- HDFC Bank Savings Account.
- Kotak Mahindra Bank Savings Account.
- DBS Bank Savings Account.
- RBL Bank Savings Account.
- IndusInd Bank Savings Account.
Which bank is better to open savings account?
Compare & Apply for Best Savings Account Online
| Savings Account | Interest Rate | Minimum Balance Requirement |
|---|---|---|
| ICICI Bank Regular Savings Account | Up to 3.50\% p.a. | Rs. 10,000 |
| IndusInd Bank Savings Account | Up to 5\% p.a. | Rs. 1,00,000 |
| Yes Bank Regular Savings Account | Up to 4.55\% p.a. | Rs. 10000 |
Which bank account is safest in India?
List of Best, Safe Banks in India
- 1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake.
- 2) State Bank of India.
- 3) ICICI Bank.
- 4) AXIS Bank.
- 7) Kotak Mahindra Bank, IndusInd Bank.
Is IDFC bank safe for savings account?
The second aspect to note is that the deposits are AAA rated by CRISIL, which is the highest level of safety. This is for the bank’s fixed deposit programme. So, based on the above parameters, we can fairly conclude that the savings bank account of IDFC First is rather safe at the moment.
Which Indian bank is best?
HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.
Which is better IDFC or HDFC?
Some of the key results of the comparison between the two banks are: Lowest Interest rate of IDFC First Bank Home Loan is 6.50\%, which is lower than the lowest interest rate of HDFC at 6.70\% and hence, IDFC First Bank is offering a cheaper loan option. HDFC is a with its home loan rates benchmarked to PLR.
Is RBL bank safe?
Investing in a fixed deposits with the highest rating of AAA, rated by ICRA and CRISIL, is a reliable investment option. Thus, RBL Bank term deposit is safe and secure, as the funds are backed by the government no matter what the current situation of the Bank is.
Which is better PNB or Bob?
Bank of Baroda has an average customer ratings of 4.3, while PNB has an average customer rating of 3.9, based on which it is clear that Bank of Baroda has a high customer service focus, an easy Home Loan process and a quick turnaround.
Which bank has the best savings account in India?
Top Banks that have the Best Savings Account for Individuals. 1 State Bank of India (SBI) Savings Account. State Bank of India (SBI) is the largest bank of India that provides a wide range of banking products to 2 HDFC Bank Savings Account. 3 Kotak Mahindra Bank Savings Account. 4 DBS Bank Savings Account. 5 RBL Bank Savings Account.
What is the interest rate of SBI savings account in HDFC?
When it comes to interest rates, the SBI Savings Account provides 2.70\% per annum. There are so many features that you can have a look at the below table. HDFC Bank, India’s leading private sector bank providing a wide range of financial products to its customer.
Which bank is the best for opening a savings account?
A bank that fulfils your savings account requirement is best for you to open savings account. Like RBL is best for high interest rate savings account. SBI is best for students as in campus you would find SBI branches.
Which is the worst bank in India?
Which is the worst bank in India? AXIS BANK!!! Yes, the worst bank ever. This thing happened just yesterday with me and I really want to share it. I wanted to change my address in Addhar card and AXIS bank was the one who was doing this process.