Quick Answer: Is Icici Bank Better Than HDFC?

Which bank is best for salary account HDFC or Icici?

The following is the list of best 5 salary accounts available in India:Kotak Platina Salary Account.SBI Corporate Salary Package.HDFC Bank Classic Salary Account.Citibank Suvidha Salary Account.Axis Bank Prime Salary Account..

Is HDFC Safe 2020?

Now small banks, new banks and some NBFCs offer higher interest rates on FDs to customers as compared to other top banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, etc. to name a few. … So your bank Fixed Deposits (FDs) are safe.

Is HDFC zero balance account available?

A zero balance basic savings account can be opened with HDFC Bank which will have certain transactional and operational limits. … HDFC Bank zero balance savings bank account holder is entitled to receive a free passbook, free cash and cheque deposits at all branches and ATMs.

What is minimum balance in HDFC Bank?

The minimum balance limit in case of HDFC Bank is Rs 10,000 for urban branches and Rs 5,000 for semi-urban branches. According to new rules announced by SBI, account holders will have to maintain the monthly balance or else they will invite a penalty ranging from Rs 20 (rural branches) to Rs 100 in (metro cities).

Is money safe in Yes Bank?

Your money with Yes Bank is absolutely safe, Shaktikanta Das tells depositors. Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das on Monday assured all depositors of Yes Bank Ltd that their money is safe and there is no reason to withdraw cash in panic. … No reason for panic withdrawal or undue worry,” he said.

Which bank is better SBI or HDFC?

The State Bank of India (SBI), the largest bank in India, is only worth one-third of HDFC Bank, which in its own right, is the largest private sector bank in the country….BankMarket capitalisation as of May 4State Bank of India₹1.6 lakh croreHDFC Bank₹5 lakh croreMay 5, 2020

Why Icici Bank is best?

ICICI Bank is one the largest banks in India. With more than 3000 reviews and a 3.36 rating on JobBuzz, ICICI bank is one employee friendly organisation. … According to the company ratings on Jobuzz, 65% people voted the bank to be the best in terms of salary. About 62% employees like the work-life balance it provides.

Which bank is safe Icici or HDFC?

2) State Bank of India With over Rs30 Trillion assets under management, it is easily the largest Bank in the country and hence also the safest bank in India. It is more than 2.5 times bigger than the runner up i.e. ICICI Bank.

Which HDFC salary account is best?

Salary Account Benefits & Why to Open it with HDFC BankPremium Salary Account: For select corporates as priority service. … Regular Salary Account: Debit card hero! … Defense Salary Account: Especially made for defense personnel. … Classic Salary Account: Comes with better security features.More items…

Why is SBI the worst bank?

SBI is most biggest and oldest bank so its employee also old aged and do not have proper knowledge about computer as well as of English so they run from their work because almost all work is on computer now. All schemes and account related queries can also solve only using computer.

Is Icici Bank better than Axis Bank?

One of their competitors in the home loan market is undoubtedly ICICI bank….Comparison Between Axis Bank vs ICICI Bank Home Loan.CategoryAxis bank Home LoanICICI bank Home LoanLoan amountRs.1 lakh – Rs.5 croreRs.5 lakh – Rs.10 croreRate of interest7.75% p.a.6.95% p.a.Loan tenureUp to 30 yearsUp to 30 years8 more rows

Is Icici Bank a good bank?

0.5 4.5/5 “Excellent!” To use ICICI bank account is convenient and they will put the money in Fixed Deposit, if you have some minimum balance even though its a zero balance maintenance account. Its good to use the net banking facility. The customer care service is really good.

Is HDFC Bank a good bank?

On Sept. 04, the Reserve Bank of India (RBI) added HDFC Bank to an elite list of Indian lenders. … With a total balance sheet of Rs895,653 crore, and deposits of Rs671,376 crore, HDFC Bank is India’s most valuable lender. The company had a market capitalisation of Rs453,421 crore ($70.57 billion) on Sept.

Which is the safest bank in the world?

According to Global Finance, the world’s safest banks are:KfW, Germany.Zürcher Kantonalbank, Switzerland.Landwirtschaftliche Rentenbank, Germany.L-Bank, Germany.Bank Nederlandse Gemeenten, Netherlands.Nederlandse Waterschapsbank, Netherlands.BANK, Germany.Caisse des Dépôts et Consignations, France.More items…

Which private bank is best?

So here is the list of top private banks in India and also the best Private banks in India.HDFC Bank. HDFC Bank is the Largest Private Banks in India by Total sales during the Year. … ICICI Bank. … Axis Bank Ltd. … Kotak Mahindra Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Federal Bank Ltd. … IDFC First Bank Ltd.More items…•

Why is HDFC Bank better than other banks?

Technology lead service, convenience to customer and unparalleled services makes such a big Eco-system which are hard to break for any other bank. Very soon HDFC bank has become market leader in retail loans.

Who is the No 1 bank in India?

HDFC BankHDFC Bank emerged as India’s No. 1 bank.

Which HDFC account is best?

HDFC Bank offers the following Savings Account Schemes:Kid’s Advantage Account: … Senior Citizens Account: … Family Savings Group Account: … Basic Savings Bank Deposit Account: … Institutional Savings Account: … BSBDA Small Account: … Documentation Required. … Eligibility.More items…

Is HDFC Bank Safe?

It also led to the Reserve Bank of India governor Shaktikanta Das declaring that the system was safe and deposits at private banks were also safe. “Your money is safe, the Indian banking system is safe and sound,” he had appealed on March 26.

Which is the best bank in India 2020?

Today we are taking a quick look at the Top 10 banks in India with respect to Market Capitalisation, while also exploring some related aspects.HDFC Bank Ltd. … State Bank of India. … ICICI Bank Ltd. … Kotak Mahindra Bank Ltd. … Axis Bank Ltd. … IndusInd Bank Ltd. … Yes Bank Ltd. … Punjab National Bank.More items…•

Which bank is best Icici or SBI?

Here we compare the current interest rates of ICICI Bank, SBI and HDFC Bank.FD Investment TenureICICI Bank – FD Interest ratesSBI – FD interest ratesGeneralSenior CitizenGeneral7 days to 14 days3.253.7515 days to 29 days3.504.0030 days to 45 days3.754.2513 more rows•May 12, 2020