Best PSU bank for online account opening process

[Itachi_UchihaItachi_Uchiha is verified member.]

Hi TFians,

In your experience, which PSU bank has a quick, hassle free and smooth savings account opening process? I am from a metro city and I already hold ICICI, HDFC, Indie, Indian Bank and CUB accounts.

 

[TheGuy]

6- boi - if via tab good

experienced this also... post kab?

 

[Vasuki]

experienced this also... post kab?

They cut lot of unnecessary changes
Don't wanna experience that shit

 

[praful47]

Does Bob the builder give pre approved card offers on basis of account..?

No credit card.. but they give loan offers

 

[TheGuy]

They cut lot of unnecessary changes

dude, some examples? don't leave me hanging

 

[telescope]

Main course - Since u wanted a Low AMB account, visit branch with Passbook and Cheque you have received in Welcome Kit via India Post along with 2 copies of Pan+Aadhar and passport size photos. Give request for scheme code change to SB101 (Bob advantage savings account - 2k amb for metro branches)

Account downgraded from branch by just submitting a simple form. No documents needed to be attached with the form.

 

[Anupama_Jha]

Account downgraded from branch by just submitting a simple form. No documents needed to be attached with the form.

Account opened online or offline?

Any pic/pdf of form

 

[sv004]

All psu banks are shit

 

[telescope]

Account opened online or offline?

Any pic/pdf of form

1 online 1 offline

 

[its_karan]

1 online 1 offline

View attachment 57264

Thanks brother .

 

[ritwik2000]

1 online 1 offline

View attachment 57264

bhai ye SOL ID kya he? blank chor dena hoga ?

 

[praful47]

Branch I'd .

bhai ye SOL ID kya he? blank chor dena hoga ?

 

[telescope]

bhai ye SOL ID kya he? blank chor dena hoga ?

SOL id is branch id. it is needed for account transfer to another branch.

for account upgrade/downgrade no need to fill this.

 

[manikwalia]

SBI is the better ones, you can download mobile application and open an account

 

[anonymuos]

The PSU bank accounts which I opened online - BOB, Union, BOM, PNB

- All 4 were fine. But BOB auto assigned wrong home branch farther from my house based on PIN code, got it changed later
- For Union Bank, had to visit branch anyway to get RuPay Platinum DC
- BOM (Bank of Maharashtra) - avoid even though online account opening went smoothly
- PNB - had to visit branch to submit and "validate" KYC docs anyway so online becomes pointless

Go for BOB Advantage Savings account

Now more recently Indian Overseas Bank has also started online account opening

Canara I opened offline as they were ready to give insta-kit RuPay Platinum

 

[anonymuos]

dude, some examples? don't leave me hanging

BOI cuts highest SMS charges ₹17 per quarter or something despite RBI rule to only take charges as per actual usage. Also if we hotlist DC in BOI from app/netbanking, it doesn't register in their system (it's just a "soft block) and they take annual charges anyway. Have to visit branch to hotlist DC, only then they will hotlist it from their end.

Same for IOB. For IOB, you have to submit an application to hotlist debit card! (That you are surrendering use of said DC permanently bla bla).

 

[anonymuos]

Canara bank has an 15k account which offer rupay platinum debit card free of cost

That's 25K MAB account I think. Canara SB Select. Not 15K.

 

[Anupama_Jha]

1 online 1 offline

View attachment 57264

Update: Visited home branch today. They don't have this form, asked to write a application and attach kyc docs xerox self attested.

In application: write scheme code change from SB117 to SB101

SB117 - Bob Super Savings Account
SB101 - BOB Advantage Savings Account

 

[telescope]

Update: Visited home branch today. They don't have this form, asked to write a application and attach kyc docs xerox self attested.

In application: write scheme code change from SB117 to SB101

SB117 - Bob Super Savings Account
SB101 - BOB Advantage Savings Account

this form was made my by branch people I guess. not standard form of baroda. I guess branch did this to simplify things.

 

[telescope]

asked to write a application and attach kyc docs xerox self attested.

I was also asked to give KYC documents. I told them "it is new account opened last month, do i need to give documents?"
Then she said, "if it is new account then no need only sign this form it'll be done".
then she downgraded account to 101 within mins.

 

[cardy]

That's 25K MAB account I think. Canara SB Select. Not 15K.

Well you are right. It's mab 25k for metro cities, 20k for urban, 15k for semi urban, 10k for rural.