Best answer: Is Bank of India a good bank?

Is Bank of India is a good bank?

Bank of India account is good and I’m using it for the past 2 months . I have to maintain minimum balance of Rs. 500. Their online banking facility is fast to access.

Which bank is better BOI or SBI?

The Bank of India (BOI) is offering slightly higher interest rate at 6 per cent for less than a year while it matches the SBI’s 6.50 per cent rate for deposits with a tenure of one to two years. … Even if these banks reduce their deposit rates, they will still be offering much higher than other banks.

Is BOI a safe bank?

These private sector Banks Rank fourth to seventh in the bank market capitalisation list. … The safety of a Bank is best Judged in contrast. Check out these. Allahabad Bank, UBI, Corporation Bank, IDBI, UCO Bank, BOI, Central Bank of India, IOB, Oriental Bank of Commerce, Dena Bank, Bank of Maharashtra.

Which bank is safest in India?

SBI, HDFC and ICICI are the safest banks by virtue of being declared too big to fail by RBI.

Which bank FD is best?

Fixed Deposit Interest Rates

Bank name Tenure Interest rate (%) per annum
IDFC Bank 91 days to 180 days 6.75
Kotak Mahindra Bank 181 to 363 days 6.5
SBI 180 to 210 days 6.35
Axis Bank 6 months to 8 months 29 days 6.25
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Which is better SBI or HDFC?

Results of a comparative analysis between both banks highlight that: Lowest Interest rate of SBI Business Loan is 11.20%, which is lower than the lowest interest rate of HDFC Bank at 11.90%. Hence, SBI is offering a cheaper loan option. … SBI can be a better option if you are looking for a high value amount.

Which is better bank HDFC or Icici?

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.

Which is the government bank?

Public Sector/ Government Banks in India:

SNo Public Sector Bank Headquarters
1 Punjab National Bank ( Merged with Oriental Bank Of Commerce and United Bank Of India) New Delhi
2 Indian Bank( Merged with Allahabad Bank) Chennai
3 State Bank of India Mumbai
4 Canara Bank( Merged with Syndicate Bank) Bangalore

Which bank is best bank in India?

DBS Bank has taken the top position in a list of the best banks in India, This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.

Which government bank is best in India?

Best Public Sector (PSU) Banks in India 2021

List of PSU Banks Number of Branches
State Bank of India (SBI) 24000
Punjab National Bank (With Merger of Oriental Bank of Commerce and United Bank of India) 11437
Bank of Baroda (With Merger of Dena Bank & Vijaya Bank) 8581
Canara Bank (With Merger of Syndicate Bank) 10391
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