Best Banks in India 2018 to open an account: The list of top 10 largest banks you may consider to open an account in India is given below. The list contains both Public sector and Private sector banks.
Top 10 Best Banks in India 2018
Table of Contents
1.State Bank Of India
State Bank of India (SBI) was founded in 1806 as Bank of Culcutta and and nationalized in 1956. It is the largest bank in India with a balance sheet of ₹33 trillion. As of January 2018 SBI has 278,000 employees, 420 million customers, and more than 24,000 branches and 59,000 ATMs.
Headquarters : Mumbai
Area Served : Worldwide
Product & Services : Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, savings, securities, asset management, wealth management and credit cards.
State Bank of India Toll Free Number: 1800 425 3800, 1800 11 2211
2.HDFC Bank
HDFC bank is the largest private sector bank in India. HDFC bank was founded in August 1994 at Mumbai, India. As of January 2018 HDFC bank has 4715 branches and 12260 ATMs across 2657 cities in India. The bank also installed 4.30 Lakh POS terminals and issued 235.7 Lacs debit cards. HDFC is the largest credit card issuer in India with 85.4 Lacs credit card owners.
Headquarters : Mumbai
Area Served : Worldwide
Product & Services : Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management.
VISIT HDFC BANK ONLINE : CLICK HERE
3.ICICI Bank
ICICI ( Industrial Credit and Investment Corporation of India) is the third largest bank in India. It was founded in 1994 at Mumbai, India. ICICI bank has The bank has its presence in 19 countries. It has a network of 4850 branches & 14404 ATMs in India. In 2015 ICICI bank launched India’s first contactless credit card & debit card.
Headquarters : Mumbai
Area Served : Worldwide
Product & Services : Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management, personal loans, payment solutions, Trade and Retail Forex.
VISIT ICICI BANK ONLINE : CLICK HERE
4.Punjab National Bank (PNB)
Punjab National Bank is the fourth largest bank in India, was founded in 1894 at Lahore. At present Punjab National bank has over 80 million customers, 6937 branches and 10681 ATMs across 764 cities in India.
Headquarters : Mumbai
Area Served : Worldwide
Product & Services : Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management.
Bank of Baroda Toll Free Number: 1800 180 2222 & 1800 103 2222
VISIT PNB BANK ONLINE : CLICK HERE
5.Axis Bank
Axis Bank is the 5th largest bank in India and also the 3rd largest bank among private sector banks with a market capitalization of ₹1.28 trillion. It was established in 1993 as UTI bank at Mumbai, India. Axis bank has has 3304 branches including 9 international offices, 14003 ATMs and over 55000 employees.
Headquarters : Mumbai
Area Served : Worldwide
Product & Services : Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
Bank of Baroda Toll Free Number: 1800-419-5959 & 1800-419-6969
VISIT AXIS BANK ONLINE : CLICK HERE
6.Canara Bank
Canara Bank is one of the oldest & largest public sector banks owned by the Government of India. It was established in 1906 at Mangalore and present headquarters is in Bengaluru. Canara bank was nationalized the bank in 1969. As of January 2018 the bank has a network of 6639 branches and 10600 ATMs across The India. Canara bank has an employee strength of over 59000.
Headquarters : Bangalore
Area Served : Worldwide
Product & Services : Investment Banking Consumer Banking Commercial Banking Retail Banking Private Banking Asset Management Pensions Mortgages Credit Cards
Bank of Baroda Toll Free Number: 1800-425-0018
VISIT CANARA BANK ONLINE : CLICK HERE
7.Bank of Baroda
Bank of Baroda (BoB) was established in 1908 at Vadodara, Gujarat. With a total assets of ₹ 3.58 trillion, it is the second biggest bank in India by assets. Bank of Baroda has its corporate office in Mumbai, Maharashtra. It has a network of 5538 branches in India and abroad, and 10441 ATMs. Bank of Baroda has an employee strength of 52420.
Headquarters : Vadodara
Corporate Office: Mumbai
Area Served : Worldwide
Product & Services : Consumer banking, Corporate banking, Credit cards, Finance and insurance, Investment banking, Mortgage loans, Private banking, Private equity Wealth management.
Bank of Baroda Toll Free Number: 1800 22 33 44, 1800 258 44 55, 1800 102 44 55
VISIT BOB BANK ONLINE : CLICK HERE
8.Union Bank of India
Union Bank of India (UBI) was established in 1919 in Mumbai, Maharashtra. UBI is one of the largest Government owned bank in India with a total assets of ₹404,695.90 crore. Union Bank of India has 4214 branches & 6909 ATMs across India.
Headquarters :Mumbai
Area Served : Worldwide
Employees: 35514 (as of 2016)
Product & Services : Consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, wealth management
Union Bank of India Toll Free Number: 1800 22 22 44 & 1800 208 2244
VISIT UBI BANK ONLINE : CLICK HERE
9.IDBI Bank
IDBI (The Industrial Development Bank of India) is at 9th in the list of largest bank in India. IDBI was established in 1964 in Mumbai, Maharashtra. The bank has 1995 branches & 3817 ATMs in India.
Headquarters :Mumbai
Area Served : Worldwide
Employees: 17570 (as of 2016)
Product & Services : consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management, Agriculture Loan.
IDBI Bank Toll Free Number: 1800-200-1947 & 1800-22-1070
VISIT IDBI BANK ONLINE : CLICK HERE
10.Bank of India
Bank of India (BOI) was founded in 1906 in Mumbai and nationalized in 1969. BOI has 5100 branches including 56 offices outside India. Bank of India has branches/offices at Tokyo, Singapore, Hong Kong, London, Jersey, Paris and New York.
Headquarters :Mumbai
Area Served : Worldwide
Employees: 45613 (as of 2015)
Product & Services : Commercial Banking, Retail Banking, Private Banking, Asset Management, Mortgages, Credit Cards.
Bank of India Toll Free Number: 1800 220 229
VISIT BOI BANK ONLINE : CLICK HERE
These are the top 10 best banks in India 2018 to open an account.