How many bank accounts do you have and for what purposes?

[raghavx]

I hold following bank accounts

1. ICICI Bank (Savings) - For salary crediting and investments
2. IDFC First Bank (Savings) - for savings purposes, it gives good rate of interest.
3. DBS - Idk why I am still holding this.
4. Paytm Payments Bank - Had opened it long back, not sure why I am holding this too.
5. Fi.money - For day to day transactions as my primary savings account would get cluttered with few hundred rupees transactions.
6. Jupiter - Had opened alongside with Fi, thinking to close this.

 

[AritraSaha]

SBI feature specification for SB accounts now: "Monthly Average Balance: NIL".

-- That's the very definition of a "zero balance account"!
.

I am taking about regular savings account with open from branch...
The amb is still there...
Only chagers are nil.

I am taking about my experience from 2021, haven't used this much after that..

 

[irohitpragya]

Active accounts
1. SBI - this is my 2nd a/c in life and 1st after turning 18
2. HDFC- started with bsbda (Jan dhan yojana a/c) now it is classic and way to preferred banking
3. icici- wealth a/c
4. axis- prestige ( 3rd time opened for credit card)
5. Pnb - opened as 2nd Psu bank
6. Idfc first bank- Niyo account so still holding
7. kotak- 811
7.1 kotak- privy neo account
8. indusind- select a/c with legend cc
8.1 indus- indie for megastar
9. fi - just opened for forex card but now thinking to close
10. au - zero balance and rupay platinum
11. Paytm - still holding for miscellaneous payments where don't want to share details
12. sbm - indmoney remittance a/c
13. bank of baroda- for rupay select dc
14. and 15 considering of yes bank premia and standard chartered 10k a/c.

closed a/c
PNB - because I didn't receive my debit card even after 2 months and also it was a full ladies' branch so no one listened.
jio payment bank
airtel
ippb
nsdl
south Indian bank- 1st account was opened in the 8th class and closed because high debit card fees.
bank of Baroda
pnb - hold a oriental bank a/c and while merger my oriental branch was too good.
DBS
axis 2 times
icici - regular a/c
kotak 811- due to non kyc
canara - they enrolled in apy w/o my consent
bank of India- worst bank no. 1
bank of Baroda- 3d psu a/c but satisfied with service.

 

[Trust Me]

I am taking about regular savings account with open from branch...
The amb is still there...

Where does it say that?

Wherever it does, from time to time SBI decide to abolish the SB balance requirement for a few years at a time, and publicize it through notifications. Those supersede their earlier policy on the subject.

One should keep eyes open for their next notification reintroducing the MAB requirement if and when they decide to do it again. It is widely publicized in the media. SBI savings accounts remain zero MAB till then.
.

 

[TheTrickySid]

Active accounts
1. SBI - this is my 2nd a/c in life and 1st after turning 18
2. HDFC- started with bsbda (Jan dhan yojana a/c) now it is classic and way to preferred banking
3. icici- wealth a/c
4. axis- prestige ( 3rd time opened for credit card)
5. Pnb - opened as 2nd Psu bank
6. Idfc first bank- Niyo account so still holding
7. kotak- 811
7.1 kotak- privy neo account
8. indusind- select a/c with legend cc
8.1 indus- indie for megastar
9. fi - just opened for forex card but now thinking to close
10. au - zero balance and rupay platinum
11. Paytm - still holding for miscellaneous payments where don't want to share details
12. sbm - indmoney remittance a/c
13. bank of baroda- for rupay select dc
14. and 15 considering of yes bank premia and standard chartered 10k a/c.

closed a/c
PNB - because I didn't receive my debit card even after 2 months and also it was a full ladies' branch so no one listened.
jio payment bank
airtel
ippb
nsdl
south Indian bank- 1st account was opened in the 8th class and closed because high debit card fees.
bank of Baroda
pnb - hold a oriental bank a/c and while merger my oriental branch was too good.
DBS
axis 2 times
icici - regular a/c
kotak 811- due to non kyc
canara - they enrolled in apy w/o my consent
bank of India- worst bank no. 1
bank of Baroda- 3d psu a/c but satisfied with service.

How dou you opened 2nd account in kotak
Also how did you reopened 811 as it can only be opened once

 

[Trust Me]

closed a/c
PNB - ..... it was a full ladies' branch so no one listened.

Ladies don't listen to you?! They would, if you show off all your accounts to them! .


(Just kidding! Peace!)
.

 

[AritraSaha]

Where does it say that?

Wherever it does, from time to time SBI decide to abolish the SB balance requirement for a few years at a time, and publicize it through notifications. Those supersede their earlier policy on the subject.

One should keep eyes open for their next notification reintroducing the MAB requirement if and when they decide to do it again. It is widely publicized in the media. SBI savings accounts remain zero MAB till then.
.

Yor are right. Sbi have updated their website to nil balance..

But orginal it said-
March 12th 2020

SBI, the country’s largest bank, on Wednesday announced a waiver on maintaining the average minimum balance (AMB) requirement for all savings bank accounts.



Currently, there is an AMB of ₹ 3,000, ₹ 2,000 and ₹ 1,000 in metro, semi-urban and rural areas, respectively. There was a penalty of ₹ 5 -15 +taxes on the non-maintenance of AMB.



Along with the AMB waiver, the bank has also waived off SMS charges.

*this is copied from paisabazzar.

 

[irohitpragya]

How dou you opened 2nd account in kotak
Also how did you reopened 811 as it can only be opened once

There is a bug right now. You can open new kotak 811 even ur a/c closed. But account number will be different. Just opened in July month.

You can open 2 nd a/c in kotak too. It needs approvals which is not your tension. Agent will take this.

 

[irohitpragya]

Ladies don't listen to you?! They would, if you show off all your accounts to them! .


(Just kidding! Peace!)
.

They are LADIES not girls.

 

[TheTrickySid]

Where does it say that?

Wherever it does, from time to time SBI decide to abolish the SB balance requirement for a few years at a time, and publicize it through notifications. Those supersede their earlier policy on the subject.

One should keep eyes open for their next notification reintroducing the MAB requirement if and when they decide to do it again. It is widely publicized in the media. SBI savings accounts remain zero MAB till then.
.

Yor are right. Sbi have updated their website to nil balance..

But orginal it said-
March 12th 2020

SBI, the country’s largest bank, on Wednesday announced a waiver on maintaining the average minimum balance (AMB) requirement for all savings bank accounts.



Currently, there is an AMB of ₹ 3,000, ₹ 2,000 and ₹ 1,000 in metro, semi-urban and rural areas, respectively. There was a penalty of ₹ 5 -15 +taxes on the non-maintenance of AMB.



Along with the AMB waiver, the bank has also waived off SMS charges.

*this is copied from paisabazzar.

------------------------------------------------------------------------

 

[ashwinkashwink is verified member.]

canara - they enrolled in apy w/o my consent

Means

 

[irohitpragya]

Means

They enrolled my account in atal pension Yojana without taking my consent. I told them to stop installments but even deduction of 3 installments it didn't stop.

 

[funatlearn]

Bank accounts
1. Axis burgundy- salary , take out in a day
2. Idfc select - any money is here (+upi)
3. Hdfc preferred - for cc bill payment
4. Yes first - for fd's
5. Icici wealth - no use,
6. Sbi - for sbi home loan emi
7. Paytm payment bank ( in Process of opening)
8 federal Bank no use (huf acc)
9 indusind no use( used to be exclusive downgraded to normal ac when they charged NMC)
Account i failed to open
1. Jupiter/fi - mobile no linked with federal Bank
Closed bank account ( due to NMC after salary/high balnce gone to other acc)
1. Axis (nre/nro)
2. Canara bank
3. Citi Bank
4. Standard chartered

 

[TheTrickySid]

You can open 2 nd a/c in kotak too. It needs approvals which is not your tension. Agent will take this.

How to approach this??
My branch is saying why you need to open seperate account, just upgrade the existing one
Who's gonna tell them that I don't want to lose 811 account.

 

[funatlearn]

How to approach this??
My branch is saying why you need to open seperate account, just upgrade the existing one
Who's gonna tell them that I don't want to lose 811 account.

Am I Missing something by not having 811 acc. Don't have any kotak acc but kotak white cc

 

[Trust Me]

They are LADIES not girls.

Oh, how I wish ladies get less interested in bank balances! .

 

[irohitpragya]

Am I Missing something by not having 811 acc. Don't have any kotak acc but kotak white cc

In brief -
account is good.
Customer support is tatti.

 

[irohitpragya]

How to approach this??
My branch is saying why you need to open seperate account, just upgrade the existing one
Who's gonna tell them that I don't want to lose 811 account.

If you are from Delhi I can.

Or try other branch.

 

[TheTrickySid]

Am I Missing something by not having 811 acc. Don't have any kotak acc but kotak white cc

It's the best zero balance account since ages.

 

[funatlearn]

It's the best zero balance account since ages.

Ok so another one in kitty. Is there any account opening benefits, I see one in gpay but that is after cc also which I don't want.

 

[irohitpragya]

Ok so another one in kitty. Is there any account opening benefits.

Open via cashkaro - 300 rs cashback.