Sep 27, 2016 10:28 AM
4713 Views
I have the saving Account of SBH, Andhra Bank, ICICI, Canara Bank, Mahabank. I have taken these accounts on my different requirements. One account for Salary credit, two for stock market/Demat, one for loan and one for FDs. Being the holder of 5 accounts, I would like to share my experience to choose the Bank.
1) The account should be taken from the most trusted and reputed bank with large no. of years in market. As we save all money into the account, it should be trusted one.
2) The bank branch should be near to your home or workplace so that you can easily visit the branch.
3) The Account opening fees, minimum balance maintenance, ATM charges, SMS alert and any other fees should be minimum.
4) The ATM centers should be more like STATE BANK.
5) The rate of interest on the savings account should be more.
6) The internet banking should be there.
7) The Demat facility should be there. So that we can transact stocks and mutual funds/IPOs.
8) Phone banking and Call Center facility should be there.
9) The most important is Locker facility.
10) Loan facility with minimum rate of interest, processing fee and NIL pre closure charges.
