Top 10 Banks in India 2019
Top 10 Banks in India 2019

Top 10 Banks in India 2019

The banking sector is spread all over in India and there is a total of 310 million saving bank account in India. The bank is the need of every person, from students to teacher, from Buyer to seller, from companies to employees every one needs a bank in India. There is a total of 93 commercial and 27 Public sectors Bank in India. If you are reading this article then you are curious to know about top banks in India, as everyone wants to connect with the best bank in India which provide many facilities and give lots of offers every day. So here is the list of Top 10 Banks in India 2019

Top 10 Banks in India 2019

1
SBI Bank (State Bank of India)

Establishment ~ July 1995
Total Branches in India ~ 22,414
Type ~ Public

Three banks are merged and formed Imperial bank in 1921 which renamed as State Bank of India in July 1995. The SBI is the first and oldest bank in India. SBI is a government corporation statutory body. The State Bank of India is the largest bank in India with 23% of market share in assets. The SBI bank is raked 216th on the Fortune Global 500 list of the world’s biggest corporations. With 22000+ branches, and approx 3 Lac employees SBI is one of the Best Banks in India. The SBI has more than 41 crore saving bank accounts which show people fell safe to put their money in this bank. The minimum balance rule in SBI is 3000 Rs for metro cities, 2000Rs for semi-urban and 1000 Rs for regular areas for saving the account.


2
ICICI Bank (Industrial Credit and Investment Corporation of India Bank)

Establishment ~ June 1994
Total Branches in India ~ 4,867
Type ~ Private

ICICI is the most trusted bank in India with more than 14000 ATMs all over in India. With 81,548 employees, ICICI bank offers the best banking experience. ICICI Bank was the first Indian bank to provide internet banking facility. Even ICICI mailed and messaged you about all the transactions as well one of the best banks in India which provide the best value back offers on credit cards. The ICICI bank is also serving outside in India and has a presence in 19 other countries in the world. A regular saving account must have 10000 Rs every time in Metro and Urban areas as a minimum balance. But still, there is also the facility to open zero balance saving account with ICICI bank.


3
HDFC Bank (The Housing Development Finance Corporation)

Establishment ~ August 1994
Total Branches in India ~ 4,963
Type ~ Private

HDFC bank distribution is approximate 4,963 branches across 2,727 cities in India. The HDFC bank is well known for its best service which you never find in any government bank. Total 94,907 employees, who are very cooperative and always ready to help you. There are more than 13100 ATMs of HDFC Bank in India. In case of HDFC, the minimum balance limit is Rs 10,000 for urban branches and Rs 5,000for semiurban branches. HDFC is providing a wide range of financial products and services to over 18 million customers across hundreds of Indian cities using multiple distribution channels including ATMs, phone banking, net banking & mobile banking, and a pan-India network of branches.


4
Punjab National Bank(PNB)

Establishment ~ May 1894
Total Branches in India ~ 7,000+
Type ~ Private

With Over 80 million customers, PNB is in the list of Top 10 Banks in India. The employees of PNB is also very cooperative, even once I saw physically handicapped employees who are blind but do their work as compared to other banks where employees don’t treat customers well. Even after the case of Nirav Modi the legs of banks doesn’t wobbles, which mean the footing of the bank is very strong and this type of tornado doesn’t stop them to provide best banking service in India. Now PNB has more than 10,000 ATMs across 764 cities in India, soon PNB is going to be Top Bank in India.

 


5
Axis Bank

Establishment ~ 1993
Total Branches in India ~ 4,000
Type ~ Private

With over 13,000 ATMs, Axis bank is one of the Best Banks in India. Currently, Axis bank has 59,600 employees who are very pleased to everyone. The atmosphere of every branch is very decent, and the behavior of staff towards employees is very supportive. Even opening a saving account is a fairly simple process and you can fill the saving account form on their official website. Minimum balance for the regular saving account is the same as other private banks i.e. Rs 10,000. The bank also has 10 overseas offices. Total 40,000 people give an average rating of 3.6 out of 5 on Facebook.


6
Kotak Mahindra Bank

Establishment ~ February 2003
Total Branches in India ~ 1,369
Type ~ Private

The executive vice chairman and managing director of Kotak Mahindra Bank are Uday Kotak, who is in the list of Top 10 richest person in India 2019. You can open saving account with Kotak within five minutes by Kotak 811. Kotak Mahindra Bank offers fully online banking system on your mobile and you can open a zero balance saving account with Kotak 811. Even Kotak Mahindra bank provide 5% interest on balance up to 1lac and 6% of interest over 1Lac to max 5 crores and this is the highest ROI as compared to other banks. In this digital era, Kotak Mahindra Bank is one of the best banks in India.


7
IndusInd Bank

Establishment ~ 1994
Total Branches in India ~ 1,558
Type ~ Public

The IndusInd Bank is the private sector bank managed by total 25,314 employees, IndusInd bank is one of the best banks in India. The bank has a total of 2453 ATMs spread all over in India. IndusInd bank name is derived from Indus Valley Civilization and this is one of the fastest growing banks in India. The IndusInd bank has representative offices in London, Dubai and Abu Dhabi and the main headquarter of this bank are in Mumbai, India. The IndusInd bank offers commercial, transactional and electronic banking products and services. Based on 2017 data, it is ranked 1,145 on the Forbes Global 2000 list and one of the Top banks in India 2019.


8
Bank of Baroda

Establishment ~ 20 July 1908
Total Branches in India ~ 5,538
Type ~ Public

Bank of Baroda is one of the oldest banks in India, has total assets of 3.58trillion which make it the 2nd largest bank in India by assets. With 5,538 branches and total 10,441 ATMs, Bank Of Baroda(BOB) is in the list of top 10 banks in India 2019. More than 55,700 employees are working with BOB. The BOB is owned by the government of India and after SBI Bank, It is known as the most trusted bank by people in India. The government of India Vijaya Bank and Dena Bank with BOB to create the country’s third-largest lender.


9
Canara Bank

Establishment ~1 July 1906
Total Branches in India ~ 6,639
Type ~ Public

Another largest public sector bank owned by the Government of India. Canara Bank is the most trusted bank over India, with over 6000+ branches which are spread in all over India. With 57,905 employees Canara bank is ready to be #1 on the List of Top 10 Banks in India 2019 in a few years. There are total 10,600 ATMs of Canara Bank spread all over India and also has offices in 10 countries in the world. The main principle of Canara Bank is to remove Superstition & ignorance and to assist the needy. So This is one of the best public sector banks in India.


10
Bank of India

Establishment ~ 7 September 1906
Total Branches in India ~ 5,200+
Type ~ Public

This is the last in the list but one of the trusted and oldest banks in India and owned by the government of India. There are a total of 45,613 employees in Bank of India. The BOI has a total of 56 offices outside India. Even the BOI face a loss of over 800million USD last year.


So these are the Top 10 Banks in India. This is very important to choose the right bank, as we all give our earning and saving to the bank by thinking this is the safest place to put money. So choose wisely.

Deepanshu Jain

Deepanshu Jain is a professional Digital Marketing Expert with 2+ Years of experience. Blogger by Passion, Digital Marketer by Professional.

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