You can go for any variant
Normal savings account will be sufficient.
Because there's platinum variant and all but they'll not offer much value for the maintenance.
And there's wealth account also but required very high networth.
There's better option than these .
So if you don't need much of branch services and normal savings account of sbi will be better
I think this is a overrated statement people use.
Because technology wise SBI is far better than some of the private banks (other than the big players like hdfc icici axis).
And in icici hdfc axis for a 5k or 10k account there's no one to entertain you in their desks. The service may be worse than the PSUs.
Private banks are better if you have some good amount idle otherwise PSUs are your best bet inspite of irritating tiffin time.
SBI Savings account or Savings Plus Account which one is more valuable
Skylar
KF Master
I would not recommend SBI for a savings account with a 2.70% interest rate. I have an SBI savings account, which I use primarily for UPI transactions, maintaining a balance as low as 2,000 INR. Most of my banking activities are conducted through the YONO app or SBI online, and I have not visited the bank in nine years. While SBI has had server issues with UPI transactions, there have been no significant problems in the last six months. For regular transactions, SBI is suitable, but for a savings account, it is advisable to consider other banks that offer higher interest rates.
If you are determined to go with SBI, opt for the SBI savings account. When opening the account, ensure that the applicant is not enrolled in any insurance or government schemes without consent, as bank employees may attach these to meet their targets.
If you are determined to go with SBI, opt for the SBI savings account. When opening the account, ensure that the applicant is not enrolled in any insurance or government schemes without consent, as bank employees may attach these to meet their targets.
SBI Savings account or Savings Plus Account which one is more valuable
Skylar
KF Master
PahulGoyal
KF Expert
Technology? SBI is always down when I need it. Sometimes it feels like sbi goes down more than all the other banks combined.
Savings plus have sweep facility as an added benifit. More than 50k balance will be auto FD in 10k batch
Beside this nothing special as far as I know.
If you have experienced this yourself then may be it's bad for you.
But I have not faced any issues like that in recent times.
And if you recently facing so much surver issue then you may check with multiple UPI apps it may be also that the issue belongs to the app
PahulGoyal
KF Expert
No it's always just the sbi. In college too I had 2 friends who had sbi account only, so there were many times when I had to pay for them.
PahulGoyal
KF Expert
Just get the zero balance account from yono app. Pro tip- If you don't want to pay debit card charges then you can close physical debit card that arrives with the welcome letter and apply for a virtual card which is free but you won't get any good card as a virtual debit card. Just a basic visa card.
