Banks are the most essential part of everyone’s life isn’t it? It’s important as the bank is a financial situation who accepts deposits and provides credit. The basic functioning of all the banks is exactly the same but certain criteria create a difference between the banks. Thanks to all the banks that we have in our country as it helps in the overall development of the country and especially the Indian economy.
One of the very most mandatory things in today’s life is to hold a bank account where you can have a sense of control on your money and finances. These criteria include the charges, time period, interest rate etc. Today, banks provide home loans, personal loans, commercial loans, agricultural loans and many other type of loans which can support our immediate expenses.
It’s always hard to decide where to invest our money. We are always driven by the opinions that our colleagues give us and we go forward with that particular suggestion. It requires a lot of caution to select a particular bank which can be profitable for us as well as provide us financial stability.
Below mentioned are some top banks in India which have established themselves and are much preferred by the people of the country for their financial purposes.
State bank of India
This bank is one of the most consumer friendly banks and also preferred by many consumers. It has one of the very good facilities to provide facility to make online payment for the government exams. It is also one of the biggest banks in India so basically it has many branches across India. And plus, if you don’t maintain minimum balance, no charges are levied on you.
This bank has been ranked as the best bank in India for its best financial functioning. The housing development finance bank is a private bank which is providing financial services to the customers since 1994. You can maintain a minimum salary account and a zero-balance savings account. The interest that you get on a salary account is 3.5%.
This bank has the total capital of Rs 1,97,360 and aims at providing financial services to start-ups, businesses and small firms. Axis bank also extends personal banking services and their online banking has always been rated as one of the best platforms for internet banking. This bank has more than 4050 branches and above 11800 ATMs.
This is the best bank for personal banking. Its headquarters is in Mumbai with the registered office in Vadodara. The bank provides you with a zero-balance salary account and international debit card too. The minimum balance in savings account is 10000rs. This bank has 4882 branches in India and 15,101 ATMs