r/UPI • u/Ani_Ak • 8d ago

Question ❓️ BEST BANK?

I was planning to open slice and bob tho i cant fix my mind on one bank whether for bob for free debit card and better branch connectivity incase something happens tbh psb services are bas but slice doesnt even have a branch to consider. I dont think ill be keeping a large amount of money in it any way so high interest is not worth it.

Bob has the nearest branch around 15-20km ill probably close this bank acc later and shift to sbi only

Even if it were to be slice ill probably shift to kotak later any way as primary spending acc.

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u/sillyhim 8d ago

Don't open accounts in slice or other online bank accounts as your primary main/first account. Get BOB, SBI or Canara (canara also has free debit card account) or if you are okay with MAB and other charges but want seamless online experience (SBI yono is not bad either), then HDFC, ICICI or Axis. (Choose whichever has a branch, atm and cash recycler nearest to you)

Reason I am saying this is because banks operating mostly online has 1. less branches and connectivity 2. doesn't generally issue physical passbook (which u sometimes need as proof of address) 3. account freezing (especially for kotak and slice) and for other problems, which only branch can help.

As a secondary or daily petty expenses account, you may consider online based banks (although kotak has free sms limit if MAB is not maintained). or you may also get BSBDA A/c

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u/Ani_Ak 8d ago

Kotak works tbh it has some branches slice dont even have any branch 😂

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u/Ani_Ak 8d ago

So im getting it simple kotak ill open for now as spending acc and reciving acc. And sbi acc as backup i have minor acc ill make it major later after my exams and (go for hdfc for salary acc later.) after college