Which account is better HDFC or SBI
Which bank is best SBI or HDFC SBI is preferred for a home loan and HDFC bank is the preferred choice when it comes to personal banking. SBI is known for its low-interest rates whereas HDFC bank is the preferred choice when it comes to the quality of banking services.
Which account is best to open in India
Overview Of the Top Savings Bank Accounts of 20231) State Bank of India (SBI) Savings Account.2) HDFC Bank Savings Account.3) Kotak Mahindra Bank Savings Account.4) DCB Bank Savings Account.5) RBL Bank Savings Account.6) IndusInd Bank Savings Account.7) ICICI Savings Bank Account.8) Axis Bank Savings Account.
Is it good to open HDFC account online
Opening a bank account requires you to enter personal information which might concern you about a possible safety or privacy breach. You will have to share your identity and address proof online along with a photograph. But with HDFC Bank's robust safety protocols, you are guaranteed a safe and efficient experience.
What are the benefits of account opening in HDFC Bank
Here is a list of features of Savings Account to help you understand why a Savings Account might be just what you need:Easy Transactions. You can use your Savings Account to send and receive payments.Payment of Bills.ATM facility.NetBanking and MobileBanking.Debit Card.Savings interest rates.Cross Product benefits.
Why SBI is better than HDFC
In terms of asset quality, SBI's headline numbers were higher than HDFC Bank. While SBI's gross and net non-performing asset (GNPA, NNPA) ratio stood at 4.50 per cent and 1.34 per cent as on December end, respectively, HDFC Bank's corresponding numbers stood at 1.26 per cent and 0.37 per cent for the same period.
Which is No 1 bank in India
State Bank of India (SBI)
Top 10 Banks in India 2022 vs 2023
| Rank | Bank Name | Net Profit 2023 (Rs. Cr.) |
|---|---|---|
| 1 | State Bank of India (SBI) | 56,558 |
| 2 | HDFC Bank | 46,149 |
| 3 | ICICI Bank | 34,463 |
| 4 | Punjab National Bank (PNB) | 3,069 |
Which is the best NRI account in India
Best NRE Savings Account for NRIs in 2023
| Name of the Bank | NRE Deposit Interest rates below Rs. 2 crores | Minimum Balance |
|---|---|---|
| Bank of Baroda | 4.90% | Rs. 50,000 average quarter balance |
| Bank of India | 5.25% | Minimum Balance: Rs. 200 per quarter |
| Canara Bank | 5.25% | Rs. 1 lakh |
| Citibank | 2.75% | Rs. 80,000 |
Which bank is No 1 in India
State Bank of India (SBI)
Top 10 Banks in India 2022 vs 2023
| Rank | Bank Name | Net Profit 2023 (Rs. Cr.) |
|---|---|---|
| 1 | State Bank of India (SBI) | 56,558 |
| 2 | HDFC Bank | 46,149 |
| 3 | ICICI Bank | 34,463 |
| 4 | Punjab National Bank (PNB) | 3,069 |
How many days does it take to open account in HDFC Bank
How long does it take to open an account It takes between two to five working days for an account to be opened, depending on the type of account. The table below gives more details.
How much interest will I get for 1 lakh in HDFC Bank
The HDFC Bank FD rates for a deposit of ₹1 Lakh ranges from 3.00% p.a. to 7.25% p.a. depending on the tenor chosen. Furthermore, senior citizens also get an additional rate of 0.50% on the same.
Why HDFC Bank is better than other banks
Quick loan disbursement
As an HDFC Bank customer, you no longer have to wait for days to get a loan sanctioned; you can avail instant loans within minutes. And this is applicable for various types of loans, from personal to two-wheeler loans, and even LOCC (Loan On credit card), without much documentation.
Which bank is safe HDFC or SBI
In terms of asset quality, SBI's headline numbers were higher than HDFC Bank. While SBI's gross and net non-performing asset (GNPA, NNPA) ratio stood at 4.50 per cent and 1.34 per cent as on December end, respectively, HDFC Bank's corresponding numbers stood at 1.26 per cent and 0.37 per cent for the same period.
Which bank is very safe in India
Top Banks for FDs in India
| Sr No | List Of Banks | Score |
|---|---|---|
| 1. | State Bank of India | AAA |
| 2. | HDFC Bank | AAA |
| 3. | Bank of Baroda | AAA |
| 4, | ICICI Bank | AAA |
Which is the top 2 bank in India
Top 10 Banks in India HDFC Bank (post-merger) 14,12,055.5. ICICI Bank Ltd 6,53,704.04. State Bank of India 5,11,201.77. Kotak Mahindra Bank Ltd 3,66,967.55. Axis Bank Ltd 3,04,211.88. Indusind Bank Ltd 1,06,707.03. Bank of Baroda 98,436.88. IDBI Bank Ltd 59,482.29.
Is HDFC good for NRI
HDFC Bank, India's No.1 Bank for NRI Services, offers you a range of banking tools custom-made for NRIs. We offer you a one-stop-shop for all NRI services, from banking to investment to loan. Our NRI services let you bank at your convenience.
Is SBI good for NRI account
SBI or the State Bank of India, a public sector bank, offers several benefits for Indians living abroad or to keep it simple, the NRIs (Non Resident Indian). To access NRI benefits from SBI, one needs to set up an account.
Which bank is most trustworthy in India
State Bank of India
State Bank of India is India's largest and most trusted commercial bank. It is among the oldest banking institutions in the country and is headquartered in Mumbai, Maharashtra.
How many days does it take to open a SBI bank account
Step 5: Click on the 'Submit' option. Step 6: Once this process is finished, go to the branch with the necessary KYC documentation. Step 7: SBI will initiate the verification process and activate your account within three to five business days.
How much money is required to open an account in HDFC Bank
For example, You must deposit INR 10,000 in metro/urban branches, INR 5,000 in semi-urban branches, and INR 2,500 in rural branches to create an HDFC Bank Regular Savings Account.
What will be the interest of 1 lakh in SBI
Monthly Interest for 1 Lakh in Bank Deposit 2023
| Bank Name | Interest Rates | Monthly Interest for 1 Lakh |
|---|---|---|
| Bank of India | 7.50% | Rs. 625 |
| ICICI | 7.60% | Rs. 633 |
| State Bank of India | 7.60% | Rs. 633 |
| HDFC | 7.75% | Rs. 646 |
What is the interest rate for 20 lakhs in HDFC
What Is The Emi For A 20 Lakh Personal Loan In Hdfc Bank
| Loan Amount | Repayment Tenure | Interest Rate |
|---|---|---|
| Rs. 20 lakhs | 60 Months / 5 years | 12.50% |
| 13.00% | ||
| 13.50% | ||
| 14.00% |
What is the weakness of HDFC Bank
HDFC Bank has a weak marketing approach and does not advertise as aggressively as some competitors, such as ICICI Bank. However, this lack of effective marketing strategies has not benefited the bank's goal of expanding its market growth.
Which is the No 1 trusted bank in India
1. State Bank of India (SBI) State Bank of India, the largest public sector no. 1 bank in India, offers a comprehensive range of banking services.
Which is the No 1 bank in India
1. State Bank of India. State Bank of India (SBI) is among the Fortune 500 companies. It is an Indian multinational and Public Sector Banking and Financial services firm.
Is it safe to keep money in SBI
How is SBI bank safe Your assets are entirely under the bank's control. SBI offers its clients compensation in the event that a bank-related disaster occurs. Your data is protected by a 128-bit SSL encryption mechanism at SBI.
