If you are looking for the Best Banks in India for any of your work then you have come to the right place. Today I will tell you about the top 10 Best Banks in India with the help of this article. I hope that after reading this article, your search will end here.
1. HDFC Bank
HDFC is a reputed private bank established in India in the year 1994 and the bank has headquartered in Mumbai. HDFC offers personal loans, credit cards, car loans, consumer financial services, savings account, and forex cards. The bank has a feature of mobile banking, online banking, and WhatsApp banking with premier banking and customized banking services. HDFC has grown to become a prominent choice for opening salary accounts and it is the best bank in the private financial division.
2. Axis Bank
Axis bank is the third-largest private sector bank in India was established in the year 1993 in Ahmedabad. Axis bank offers consumer corporate banking, credit cards, finance banking, and insurance, investment banking, private equity, mortgage loans, wealth management, and more. The main products and services of the bank include savings accounts, credit cards, fixed deposits, and personal loans, which can be accessed and operated online too. Axis bank has more than 13,000 ATMs and over 3,000 branches in India.
3. IDFC Bank
IDFC is an Indian banking company which is established in 1997 with headquarters in Mumbai that forms part of IDFC, an integrated infrastructure finance company. IDFC provides the best rates of interest on Fixed Deposits with immediate Payment Service (IMPS) without fees or charges with Good customer support service. It provides banking services including deposits, loans, investment, savings account, insurance services. HDFC works with corporate and private clients and specializes in the infrastructure sector.
4. State Bank of India
State Bank of India is a government-owned bank founded on June 2, 1806, has headquartered in Mumbai, Maharashtra. The bank offers a wide range of services, including corporate private banking, savings, securities, private equity, banking, consumer banking, investment banking, finance and insurance, credit cards, home loans, car loans, mortgage loans, wealth management, and asset management. SBI’s popularity has not dimmed for financial inclusion and helped open a large number of accounts despite the interest rates being lower than many multinational banks.
5. Bank of Baroda
Bank of Baroda is the leading bank of India with headquartered in Baroda, (now Vadodara), in Gujarat, with its corporate office in Mumbai. Maharaja Sayajirao Gaekwad III, the then Maharaja of Baroda, founded this bank in July 1906. The bank offers the services including simple and fast transactions, No minimum balance requirement in the saving account and Net NPA is also low. The bank operates worldwide and has 107 offices in 24 states.
6. Punjab National Bank
Punjab National Bank (PNB) is representative of the state-owned banking industry and it was founded in 1894, and today has headquarters in New Delhi, India. Punjab National Bank offers a wide range of services including savings account, loans and credit cards, Punjab National Bank or PNB can be a one-stop destination for all your banking needs. The bank offers internet banking, mobile banking, and SMS banking. PNB always managed to make a prominent contribution to the digital India initiative.
7. ICIC Bank
ICICI is a very popular private bank in India and was established in India in 1994. ICIC Bank’s wide range of banking products and financial services are designed to suit the needs of both retail and corporate customers in the country. PNB’s subsidiaries specialize in non-life insurance, investment banking, life insurance, asset management, and venture capital funding. ICICI’s online investment and personal banking services add to its popularity and have a Comprehensive and secure mobile banking app.
8. Canara bank
Canara Bank is the leading bank established by Ammembal Subba Rao Pai in Mangalore in 1906. The headquarter of this government bank is in Bangaluru. The major products and services offered by Canara Bank are consumer banking, commercial banking, retail banking, investment banking, private banking, mortgage, credit cards, asset management, and pensions. Canara Bank has Good insurance options, an attractive rate of interest, a well-built and convenient mobile banking app, and offers a seamless experience to its customers through its easy-to-use net banking services.
9. IDBI Bank
IDBI Bank was founded in July 1964 to finance large industries, as a special act of Parliament with headquartered in Mumbai. IDBI is a convenient choice for consumer banking, investment banking, finance and insurance, corporate banking, private banking, mortgage loans, private equity, and agriculture loans. IDBI Bank has major contributions to the Digital India campaign since it allows most transactions to be made online and it offers a wide range of credit card and hassle-free loan options.
10. Bank of India
Bank of India (BOI) is a commercial bank and was established in 1906 in Mumbai, India. The bank offers the convenience of mobile banking and online payments. The major aim of BOI is to serve all Indian communities, which sometimes can become an issue. Bank of India is the co-founder of an innovative service called SWIFT (cost-effective communication/financial services). Bank of India was set up with the aim to serve all Indian communities.
So friends, these were the top 10 Best Banks in India that you wanted to know about. I hope that your search will be completed here and this article will be helpful for you.