Need a good savings account with Max 10k MAB.

[raj164]

HDFC BANK - They are the worst my KYC is stuck and they are asking to visit branch which I can't.
ICICI Bank - Same thing they aren't onboarding new customers online they asked me to visit the branch and asked for 1 lakh initial funding.
Axis bank- 599+ GST for debit card seems excessive with 12k mab.

 

[TaxWiser]

HDFC BANK - They are the worst my KYC is stuck and they are asking to visit branch which I can't.
ICICI Bank - Same thing they aren't onboarding new customers online they asked me to visit the branch and asked for 1 lakh initial funding.
Axis bank- 599+ GST for debit card seems excessive with 12k mab.

Try checking Zero Balance SBI Savings Account opened online via the Yono app, completing the process through video KYC.
It offers the best online net banking and app experience, with good customer support via call and email. However, the offline experience may be poor based on your location, which I understand is not your major concern.

Other options to consider: BOB, IndusInd, Kotak, IDFC

 

[PahulGoyal]

Other options to consider: BOB, IndusInd, Kotak, IDFC

Don't open indusind online. It has various issues and to resolve them you might need to visit branch.

 

[raj164]

Don't open indusind online. It has various issues and to resolve them you might need to visit branch.

I am thinking of opening 10k mab IDFC savings account.

 

[PahulGoyal]

I am thinking of opening 10k mab IDFC savings account.

Why not SBI zero balance account? It's debit card can be very useful in sales.
Also if you cancel physical card and apply virtual card then no fee even for debit card.

 

[raj164]

Why not SBI zero balance account? It's debit card can be very useful in sales.
Also if you cancel physical card and apply virtual card then no fee even for debit card.

Unfortunately it shows an error while applying and asks me TO VISIT THE BRANCH which I can't

 

[PahulGoyal]

Unfortunately it shows an error while applying and asks me TO VISIT THE BRANCH which I can't

Oh are you trying via yono app?

 

[raj164]

Oh are you trying via yono app?

Yea? Is there any other way

 

[PahulGoyal]

Yea? Is there any other way

No if mab is an issue, you can go for kotak maybe

 

[Sam Maxi]

No if mab is an issue, you can go for kotak maybe

Kotak 811 is By Far the Best Zero Balance, Fully Digital Account. But Sadly, i don't think they are Onboarding New Customers Digitally. I was Lucky To Have Opened my 811 Account just Few Days Before the RBI Restrictions.

 

[Sam Maxi]

HDFC BANK - They are the worst my KYC is stuck and they are asking to visit branch which I can't.

My Primary Account Was in SBI Since Many Years but Just Recently i Switched to HDFC as my Primary Account and for me the Process and Experience is Seemless. But to Clarify i Visited the Branch Once and they Handed me Over the Welcome Kit Instantly, so No Waiting and No second Visit After that. Did you Check on YouTube about the Solutions about this Kyc Stuck issue? If you are Able to Complete the Process and Open the Account, i think you'll have a Good Experience, But again Depends on your Branch and Issues

 

[PahulGoyal]

My Primary Account Was in SBI Since Many Years but Just Recently i Switched to HDFC as my Primary Account and for me the Process and Experience is Seemless. But to Clarify i Visited the Branch Once and they Handed me Over the Welcome Kit Instantly, so No Waiting and No second Visit After that. Did you Check on YouTube about the Solutions about this Kyc Stuck issue? If you are Able to Complete the Process and Open the Account, i think you'll have a Good Experience, But again Depends on your Branch and Issues

Hdfc has mab requirement right? They don't have any zero balance account

 

[Sam Maxi]

Hdfc has mab requirement right? They don't have any zero balance account

Yes Ofc. For Regular Accounts its 10k for Urban/Metro, 5k for Semi-Urban, 2.5k for Rural. For DigiSave Account its 5k for Metro/Urban, 2.5k for Rural. I Opted for Digisave Account.

 

[PahulGoyal]

Yes Ofc. For Regular Accounts its 10k for Urban/Metro, 5k for Semi-Urban, 2.5k for Rural. For DigiSave Account its 5k for Metro/Urban, 2.5k for Rural. I Opted for Digisave Account.

How do I check if my city comes under urban or semi-urban? Does urban mean all metro cities only?

 

[Sam Maxi]

How do I check if my city comes under urban or semi-urban? Does urban mean all metro cities only?

Just Search your City Name and Confirm it on Google For e.g. "Is Rajkot a Urban City or Semi-Urban City" and you shall get your answer

And No Urban Includes Many Developed Cities and not Just Metro Cities

 

[PahulGoyal]

Just Search your City Name and Confirm it on Google For e.g. "Is Rajkot a Urban City or Semi-Urban City" and you shall get your answer

And No Urban Includes Many Developed Cities and not Just Metro Cities

Ohk, thanks bro. Now I am feeling bad that my city is considered an urban City

 

[Sam Maxi]

Ohk, thanks bro. Now I am feeling bad that my city is considered an urban City

Always Welcome and Yes, I was Also Guessing that my city would be in Semi-Urban but when Asked to Maintain 10k for Regular Account, i was like Woah haha. If you are Under 25 then you can Opt for DigiSave Account. Not Much Difference from Regular Account and Well you need to Maintain only 5k

 

[PahulGoyal]

Always Welcome and Yes, I was Also Guessing that my city would be in Semi-Urban but when Asked to Maintain 10k for Regular Account, i was like Woah haha. If you are Under 25 then you can Opt for DigiSave Account. Not Much Difference from Regular Account and Well you need to Maintain only 5k

Yeah I already have 8-9 active bank accounts, I don't think opening 1 more would be that good idea.

 

[Sam Maxi]

Yeah I already have 8-9 active bank accounts, I don't think opening 1 more would be that good idea.

Oh i see, i have 5 as of now, want to close 2 Indusind accounts but will have to visit branch that's why still holding those