What Is The Minimum Balance For Corporation Bank?

Which bank is safest in India?

List of Best, Safe Banks in India1) 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 bank is better HDFC or Icici?

ICICI Bank is a Private Bank with its Home Loan rates benchmarked to RLLR. … HDFC has an average customer ratings of 4.5, while ICICI Bank has an average customer rating of 4.1, based on which it is clear that HDFC has a high customer service focus, an easy Home Loan process and a quick turnaround.

Is it safe to keep money in Corporation Bank?

Firstly, your deposits up to Rs 1 lakh in any combination of savings and deposits with any commercial bank are insured by the Deposit Insurance and Credit Guarantee Corporation, which is an RBI subsidiary. So if your bank – whether commercial or cooperative – goes under, your money up to Rs 1 lakh is safe.

How many bank accounts should a single person have?

Having up to two bank accounts is ideal, or at best three.

Which private bank is best?

Top 10 Best Private banks in India 2021Bank NameTotal BranchesTotal ATMsHDFC Bank5,31413,514ICICI Bank5,32415,688Axis Bank4,52812,044Kotak Mahindra Bank1,6002,5196 more rows•Jan 4, 2021

Which bank is best for zero balance account?

8 Best Zero Balance Savings Account In IndiaIDFC First Bank Pratham Savings Account. … YES Bank Smart Salary Advantage. … IndusInd Bank-Indus Online Savings Account. … DBS-DigiSavings. … Kotak Mahindra Bank-811 Digital Bank Account. … HDFC Bank – Basic Savings Bank Deposit Account. … SBI – Basic Savings Bank Deposit Account. … Standard Chartered Basic Savings Bank Deposit Account.

Can I open zero balance account in Corporation Bank?

50 lakhs, the rate of interest provided is 3.5% per annum. *Corporation Bank provides 4% per annum interest if the balance in the account is Rs. 50 lakhs or above….Types of Corporation Bank Savings Accounts.Corp Signature AccountFeaturesDebit CardFree Signature Debit CardEligibility CriteriaResident Individual3 more rows•Sep 16, 2020

Which bank has low minimum balance?

Top 7 Banks – Minimum Balance RequirementSavings AccountMinimum Balance RequirementSBI Savings Plus AccountMetro and Urban locations Rs. 3,000 Semi-urban locations Rs. 2,000 Rural locations Rs. 1,000Kotak Mahindra Bank Edge Savings AccountRs. 10,0005 more rows•Aug 8, 2018

Who is the No 1 bank in India?

HDFC BankHDFC Bank emerged as India’s No. 1 bank.

How can I register my mobile number in my bank account?

Here’s how you can register your mobile number by visiting an SBI ATM:Swipe your card and from the menu choose the ‘Registration’ option.Enter your ATM PIN.Select mobile number registration option.Enter the mobile number you want to register. … Re-enter your mobile number and select ‘correct’ option.More items…•

How can I check my balance in Corporation Bank through SMS?

To make use of this service, the mobile number of customer must be registered with the Bank! Customers who have registered for SMS Banking may use this feature directly. To get account balance details in Hindi, dial the number- 09289792897 (customers in India ) or 919289792897 (customers staying abroad).

How do I open a corporate bank account?

Opening a bank account in the corporation’s name establishes the fact that the company is operating as a separate legal entity from the corporation’s shareholders.Draft a corporate resolution. … Provide a photo identification. … Present the corporation’s employer identification number.More items…

What is the minimum amount for saving account?

Currently, SBI savings bank account customers need to maintain an average monthly balance of Rs 3,000 in metro, Rs 2,000 in Semi urban and Rs 1,000 in rural areas. Further, the bank used to levy a penalty of Rs 5 to Rs 15 + taxes on non-maintenance of average monthly balance as stated above.

How can I know my balance in Corporation Bank?

To know their account balance, domestic customers can give a missed call on 09268892688 from their registered mobile number and customers residing in abroad can give a missed call on 919268892688.

How do I check my bank balance?

Ways to check your balance.Giving a Missed Call. Give a missed call on a toll- free number 1800 180 2223 or A missed call to the tolled number 0120-2303090 to get back an SMS with your current balance. … On Internet Banking. … By Sending An SMS.