HDFC Bank Salary Accounts come with a number of benefits that make it one of the most preferred banks to do business with. It not only provides all common benefits, but also ensures enhanced banking experience for all Salary Account holders.
Also Which is better HDFC or Axis?
Some of the key results of the comparison between the two banks are: Lowest Interest rate of HDFC Bank Loan is 10.25%, which is lower than the lowest interest rate of Axis Bank at 10.49%. Hence, HDFC Bank is offering a cheaper loan option. … This makes Axis Bank a better option for Personal Loan.
Subsequently, What is the minimum balance for salary account in HDFC? As already mentioned, the HDFC Bank Regular Salary Account is a zero balance account. In other words, there is no requirement for a minimum balance. Customers holding this salary account are eligible for the free Personal Accident Cover of Rs. 1 lakh.
Which is better SBI or HDFC? Some of the key results of the comparison between the two banks are: Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of HDFC Bank at 10.25%. Hence, SBI is offering a cheaper loan option. … Therefore, HDFC Bank can be a better option if you are looking for a high value amount.
Which HDFC account is best?
| Benefits / Product |
SavingsMax Account (Our Premium Product) | Women’s Savings Account |
|---|---|---|
| Payable-at-par Chequebook | Yes | Yes |
| Average Monthly Balance (AMB) | Rs 25,000 | Rs 10,000 ( Urban/Metro) Rs 5,000 ( Semi-urban/Rural branches) |
| Non-maintenance charges | Click here to know more | Click here to know more |
Is Axis Bank better than other banks?
Axis Bank’s growth rate is faster than that of other private banks. Thrust on corporate clientele & superior quality of advances make the stock an attractive bet. … It provides credit and trade finance, project finance and syndication services to its clients.
Is Axis Bank a good bank?
Axis Bank has achieved consistent growth and stable asset quality with a 5 year CAGR (2009-13) 37% in Net Profit with a balance sheet size of Rs. … The Bank has a network of 2225 branches and extension counters and 11796 ATMs and 7 International countries.
Which private bank is best?
ICICI Bank
It is one of India’s best private banks. Through a number of delivery channels and group entities, ICICI Bank provides a wide range of banking products and financial services to corporate and retail customers. In India’s Top 5 Private Banks, ICICI is ranked second.
What is the limit of salary account?
The Easy Access Salary Account comes with a RuPay Platinum Debit Card and a daily withdrawal limit of Rs. 40,000.
What is the charge for not maintaining minimum balance in HDFC?
Minimum Balance Requirements
| Balance Non-Maintenance Charges* | ||
|---|---|---|
| AMB Slabs (in Rupees) | Metro & Urban | Semi Urban |
| >=5,000 to < 7,500 |
Rs. 300 /- | NA |
| >=2,500 to < 5,000 | Rs. 450/- | Rs. 150/- |
| 0 to < 2,500 | Rs. 600/- | Rs. 300/- |
Can I deposit money in HDFC salary account?
Yes, you can deposit money in your salary account maintained with the HDFC Bank. You can use the account as a regular account for typical banking transactions. The account can also be used to withdraw the money either from the bank’s branches or ATM’s or using net banking services.
Which is the No 1 bank in India?
1. HDFC Bank
| Type | Private Company |
|---|---|
| Products | Banking |
| Asset | ₹1,189,432 crore (US$170 billion) (2019) |
| Number of Branches | 5,314 (30th September 2019) |
| Number of ATMs | 13,514 (Across India) |
Which bank is best in India?
HDFC Bank
: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report.
…
Best Personal Loan Banks in India 2021.
|
ICICI Bank | 10.99 – 16.50% |
|---|---|
| Kotak Mahindra | 10.50 – 17.25% |
| Standard Chartered | 14.00 – 21.00% |
| HDFC Bank | 10.75 – 20.75% |
Which bank service is best 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.
Which account is best for savings?
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.
What is the maximum balance in HDFC Bank account?
Types Of Savings Accounts – Compare Savings Accounts Online
| Benefits/ Product | Savings MAX Account (Our Premium Product) |
|---|---|
| Accounts and Services | |
| ATM transactions | Unlimited free transactions |
| Average Monthly Balance (AMB) |
AMB of Rs.25,000 OR FD Cushion of Rs 1.5 Lakh in Metro/ Urban Locations Rs 1 Lakh in SURU Locations |
Is HDFC zero balance account available?
HDFC Bank zero balance savings account can be opened by any resident individual who is not having an existing relationship with the bank and do not have complete KYC. … HDFC Bank provides a Rupay ATM-cum-debit card to all the account holders of zero balance savings bank account.
Why Axis Bank is different from other banks?
Axis Bank’s growth rate is faster than that of other private banks. … The bank also provides derivatives and foreign exchange solutions to customers through its treasury segment. Over the past few years, the bank has reduced its exposure to retail advances.
Which is better SBI or Axis Bank?
Lowest Interest rate of SBI Loan is 9.60%, which is lower than the lowest interest rate of Axis Bank at 10.49%. … Axis Bank offers Personal Loan upto an amount of ₹ 25 Lakh, while SBI offers Loan upto an amount of ₹ 15 Lakh. Therefore, Axis Bank can be a better option if you are looking for a high value amount.
Which bank is better axis or Icici?
This makes Axis Bank a better option for instant loan requirements. ICICI Bank has an average customer rating of 4.5. In contrast, Axis Bank has an average customer rating of 4.4, based on which it is clear that ICICI Bank has a high customer service focus, an easy process and a quick turnaround.
Is it safe to keep money in Axis Bank?
Axis Bank is the third-largest bank in the private banking sector in India and hence it is very safe to invest.
Which bank is better Yes Bank or Axis Bank?
Yes Bank scored higher in 7 areas: Overall Rating, Career Opportunities, Compensation & Benefits, Work-life balance, Senior Management, Culture & Values and % Recommend to a friend. Axis Bank scored higher in 2 areas: CEO Approval and Positive Business Outlook.
Is Axis Bank a problem?
A pandemic close on the heels of an adverse corporate loan cycle has stretched Axis Bank Ltd’s asset quality problems. The private sector lender had to set aside 75% of its operating profit as provisions in the December quarter, which meant that its net profit dropped 36% from the year-ago period.