Banks that require OTP for netbanking & ones that don't

[Gau₹av]

I made a list in case anyone finds it useful of banks that require OTP vis SMS or app and the ones that don't

Many banks don't require OTP for netbanking and it's good. It should always be optional, not forced. Those who want extra security can always enable it. e.g. Union Bank has it but it can be enabled, it's not forced.

Bank which don't force or require OTP yet (at least not every login): HDFC, ICICI, IndusInd, Federal, DBS, BOB, Union, Canara, UCO, IOB, Indian, IDFC, RBL, Bank of India, PNB, Karnataka Bank

Banks which mandatorily require OTP: SBI, Axis (mandatory Mobile OTP worst nonsense started in 2025), Yes Bank, Kotak (email OTP option besides SMS), Central Bank, Bank of Maharashtra (email OTP option besides SMS), AU Bank (email OTP option besides SMS),

Some banks which don't require OTP do send an SMS to registered phone as soon as we're logged in e.g. BOB, IOB, UCO Bank, Canara Bank, PNB so that is also good security without blocking the user from logging in without their phone

Some banks which don't require OTP also send email to registered email: IOB, BOB, Bank of Maharashtra

SBI has some shitty TOTP options like Secure OTP but they have issues, BOB also has TOTP (can be enabled from netbanking)

 

[Strange]

I made a list in case anyone finds it useful of banks that require OTP vis SMS or app and the ones that don't

Many banks don't require OTP for netbanking and it's good. It should always be optional, not forced. Those who want extra security can always enable it. e.g. Union Bank has it but it can be enabled, it's not forced.

Bank which don't force or require OTP yet (at least not every login): HDFC, ICICI, IndusInd, Federal, DBS, BOB, Union, Canara, UCO, IOB, Indian, IDFC, RBL, Bank of India, PNB, Karnataka Bank

Banks which mandatorily require OTP: SBI, Axis (mandatory Mobile OTP worst nonsense started in 2025), Yes Bank, Kotak (email OTP option besides SMS), Central Bank, Bank of Maharashtra (email OTP option besides SMS), AU Bank (email OTP option besides SMS),

Some banks which don't require OTP do send an SMS to registered phone as soon as we're logged in e.g. BOB, IOB, UCO Bank, Canara Bank, PNB so that is also good security without blocking the user from logging in without their phone

Some banks which don't require OTP also send email to registered email: IOB, BOB, Bank of Maharashtra

SBI has some shitty TOTP options like Secure OTP but they have issues, BOB also has TOTP (can be enabled from netbanking)

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[KGSIPO]

Can anyone list which are the banks sending OTP through email

 

[Anindya98]

Can anyone list which are the banks sending OTP through email

Federal Bank .

 

[samss]

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Test

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[Arnal07]

SBI is the worst for net banking.It asks otp for every steps.On top of that it asks shitty 'profile password' for adding benificiary accounts and other things.Adding email on savings account through sbi internet banking is a real headache.

 

[Gau₹av]

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Fixed. Forum has a bug or defective design I believe. If we cut text, it adds formatting (hardcoded color) to it when pasting it back. To fix it, I select the text and do "Remove formatting".